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Perth median house sale price rose 20 per cent over past 12 months - REIWA

Perth’s median house sale price continues to rise, increasing 1.9 per cent in August and 20.7 per cent over the past year to reach $688,000. Ms Cath Hart REIWA CEO said the market was experiencing extraordinary conditions, with no signs of easing in the short term.

National

The Economy

John McGrath – Seasonal lift in listings ahead as Spring begins

The busy Spring season begins this week and selling conditions are favourable in most markets across the country says John McGrath, McGrath Estate Agents CEO.

New South Wales (NSW)Sydney

People

McGrath Double Bay boosts its prestige focus with the return of William Manning

McGrath Double Bay today announced that it has boosted its sales team with the return of William Manning to its business alongside the recent recruitment of Luke Hogan, as the agency focuses on the lucrative prestige end of Sydney’s eastern suburbs.

National South Australia (SA)Adelaide Victoria (Vic.)Melbourne Western Australia (WA)Perth

The Economy

Growth cools in Australian housing values through winter as Melbourne median slips below Perth and Adelaide - CoreLogic

By Eliza Owen, Head of Research at CoreLogic.

National New South Wales (NSW)Sydney Queensland (Qld)Brisbane Gold Coast Sunshine Coast South Australia (SA)Adelaide Victoria (Vic.)Melbourne Brighton Collingwood Fitzroy Western Australia (WA)Perth

People

Raine & Horne unveils national brand campaign alongside first phase of brand refresh

Raine & Horne announces the launch of its highly anticipated National Brand campaign, ‘Part of the Landscape’. “The update aims to unify Raine & Horne’s key brands..." said Mr Angus Raine, Executive Chairman, Raine & Horne.

National Australian Capital Territory (ACT)Canberra

People

REIA appoints Maria Edwards interim CEO

The Real Estate Institute of Australia yesterday evening (31 August 2024) announced Maria Edwards as the Interim CEO effective 9 September 2024.

National

People

Ray White Rural and Livestock celebrates its 2024 winners

More than 240 guests attended the annual Ray White Rural and Livestock awards in Toowoomba to celebrate the achievements of the top offices and individuals throughout the network.

National

The Economy

Auction activity up 10.2% across the combined capitals - CoreLogic

By Caitlin Fono, Research Analyst, CoreLogic Australia.

Queensland (Qld)Brisbane

Featured Property

Joe Adsett designed LARC Hamilton Hill for sale - Place

7 Prospect Terrace Hamilton for sale by Heath Williams of Place New Farm blends design, functionality, and sophistication.

Victoria (Vic.)Melbourne Brighton

Featured Property

Resort-style Brighton Federation for sale - Marshall White

18 Asling Street Brighton for sale by Andy Nasr of Marshall White blends Federation splendour with cutting-edge liveability.

Pages

News Roundup

https://www.theindustrialist.com.au/news/2020/07/07/east-coast-industrial-assets-sold-dexus-1735-million/1594082868

East coast industrial assets sold to Dexus for $173.5 million

Dexus has announced the acquisition of 37-39 Wentworth Street, Greenacre and the Ford Facility at Merrifield Business Park, Mickleham under the Dexus Australian Logistics Trust.

The Industrialist

https://www.thebusinessconversation.com.au/2020/07/07/energy-efficient-communities-program-opens-applications-9-million-grants/1594091710

Energy Efficient Communities Program opens applications for $9 million in grants

As the economy recovers from COVID-19, the grants will help small businesses to lower their power bills.

The Business Conversation

https://www.commo.com.au/news/2020/07/06/west-ryde-and-pemulwuy-shopping-centres-sold-primewest-part-1265-million-retail

West Ryde and Pemulwuy shopping centres sold to Primewest as part of $126.5 million retail trust - JLL

Primewest has added two new shopping centres to its recently launched Australian daily needs/neighbourhood retail property trust through deals negotiated by Sam Hatcher and Nick Willis of the JLL Retail Investments team.

Commo.

https://www.thehotelconversation.com.au/news/2020/07/07/staywell-holdings-announce-post-covid-hygiene-and-sanitation-standards/1594105343

StayWell Holdings announce post-COVID hygiene and sanitation standards

Asia Pacific hotel management group StayWell Holdings has announced updated brand standards for hygiene and sanitation post-Covid-19.

The Hotel Conversation

https://www.retalkasia.com/news/2020/07/03/office-and-logistics-assets-offer-best-combination-yield-and-income-growth-apac

Office and logistics assets offer best combination of yield and income growth in APAC markets- Colliers

Colliers International has released Part Two of the Asia Pacific Real Estate: Still Good Value in a Changed World report, highlighting prospects for rental growth as well as the most favourable assets for investors.

Retalk Asia

https://www.thehotelconversation.com.au/news/2020/07/06/vic-nsw-border-closure-highlights-seriousness-road-ahead-aaoa/1594015625

Vic-NSW border closure 'highlights seriousness' of road ahead - AAoA

The joint decision between Victorian Premier Daniel Andrews, NSW Premier Gladys Berejiklian and Prime Minister Scott Morrison to shut the border from midnight tomorrow is disappointing but understandable, Accommodation Association of Australia CEO Dean Long says.

The Hotel Conversation

https://www.thebusinessconversation.com.au/news/2020/07/06/selling-your-business-here%E2%80%99s-how-make-handover-breeze/1594005217

Selling Your Business? Here’s how to make the handover a breeze

Founder of Xcllusive Business Sales, Zoran Sarabaca details the simple process which could help you sell your business faster.

The Business Conversation

https://www.commo.com.au/news/2020/07/06/west-melbourne-office-asset-sold-complete-60-million-portfolio-cbre/1593988445

West Melbourne office asset sold to complete $60 million portfolio - CBRE

An office asset at 383 Spencer Street, West Melbourne has been sold by CBRE’s Josh Rutman, Scott Orchard, David Minty and Scott Hawthorne, signalling the last of three neighbouring properties to be transacted by the agency.

Commo.