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If short-stay incentive puts a roof over one family’s head, that’s a positive: REIWA CEO Cath Hart

REIWA CEO Cath Hart said the $10,000 short-stay incentive scheme announced by the Cook Government today could provide some welcome assistance to the heated rental market.

New South Wales (NSW)Sydney

Featured Property

North facing Palm Beach SALT for sale - LJ Hooker

Salt 69 Florida Road Palm Beach for sale by Peter Robinson and Dennis Kennelly of LJ Hooker Palm Beach delivers spectacular vistas from every room in the house.

Victoria (Vic.)

Featured Property

Narbethong St Fillan Farm for sale - Elders

723 Maroondah Highway Narbethong for sale by Nick Myer and Henry Mackinnon of Elders is an historic and significant landmark estate with productive farm.

Queensland (Qld)Brisbane

Featured Property

Early 20th-century Highgate Hill for sale - Place

9 Jones Street Highgate Hill for sale by Alex Rutherford and Sarah Hackett of Place New Farm delivers stunning city views and plentiful space for families and entertainers alike.

National

The Economy

CoreLogic expects weekly auction numbers to rise 39.2% this week

Following an easing in auction activity last week (2,023), CoreLogic is expecting weekly auction numbers to rise 39.2% this week.

Western Australia (WA)Perth

The Economy

Market welcomes rent relief measures: REIWA CEO Cath Hart

REIWA CEO Cath Hart today welcomed the Cook Government’s new WA Rent Relief Program, which is aimed at protecting tenants at risk of eviction.

New South Wales (NSW)

Featured Property

6-acre Bellingen riverfront for sale - Real Estate of Distinction

194 North Bank Road Bellingen for sale by Peter Stone and Boldizsar (Buzz) Barkoczy of Real Estate of Distinction includes a separate cottage which has been run as a holiday accommodation business.

Victoria (Vic.)Melbourne

Featured Property

10-acre Beaconsfield Yaruga for sale - Peake

244 Payne Road Beaconsfield for sale by Kristen Turner and Andrew Brown of Peake Real Estate seamlessly combines tranquility and entertainment with magnificent views.

National

People

Inaugural property management roundtable focuses on people, partnerships and investment - REIA

The REIA National Property Managers Roundtable (the Roundtable) was held successfully in Sydney with leaders dialing in from around the country.

Queensland (Qld)Brisbane

Featured Property

Cefn Bryn Brookfield estate for sale - SpinksCo

257 Moons Lane Brookfield for sale by Rachael Spinks of SpinksCo Residential offers a peaceful retreat from the hectic pace of city living.

Pages

News Roundup

https://www.commo.com.au/news/2019/11/07/st-kilda-road-office-sale-results-30-cent-uplift-2017-transaction/1573082881

St Kilda Road office sale results in 30 per cent uplift from 2017 transaction

Partially refurbished, vacant office tower in St Kilda Road precinct sold for almost $18 million represents purest test of investor confidence, says CBRE.

COMMO

https://www.theaseandeveloper.com/news/2019/11/07/centrepiece-melbourne-park-be-show-ibtm-world-barcelona/1573095372

CENTREPIECE at Melbourne Park to be on show at IBTM World Barcelona

The future of Melbourne Park is set to be showcased in Spain this month.

The ASEAN Developer

https://www.theindustrialist.com.au/news/2019/11/07/nippon-express-commits-30-million-super-site/1573088400

Nippon Express commits to $30 million super site

Business to consolidate sites in purpose-built distribution centre in Laverton North.

The Industrialist

https://www.commo.com.au/news/2019/11/06/vicinity-stakes-corio-central-and-mt-ommaney-centre-sold-combined-value-1955-million

Vicinity stakes in Corio Central and Mt Ommaney Centre sold for a combined value of $195.5 million

Vicinity Centres has announced the divestments of a 100 per cent interest in Corio Central in Victoria and a 25 per cent interest in Mt Ommaney Centre in Brisbane for a combined value of $195.5 million.

Commo.

https://www.theaseandeveloper.com/news/2019/11/04/melbourne-cbd-tower-site-tipped-attract-domestic-and-international-buyer-interest-0

Melbourne CBD tower site tipped to attract domestic and international buyer interest

One of only a few remaining permit approved Melbourne CBD sites is set to hit the market in November.

The ASEAN Developer

https://www.thebusinessconversation.com.au/2019/11/06/new-shopify-app-seeks-boost-revenue-australian-ecommerce-shops/1573015960

New Shopify app seeks to boost revenue for Australian ecommerce shops

The new app targets abandoned online shopping carts, which account for up to $29b in lost sales every year in Australia.

The Business Conversation

https://www.commo.com.au/news/2019/11/05/melbourne-office-owners-move-capitalise-strong-market-conditions/1572908464-0

Melbourne office owners move to capitalise on strong market conditions

The site of the former Carlton and United Breweries headquarters in Abbotsford is for sale as developer Hengyi moves to capitalise on surging interest in Melbourne metro investment opportunities.

Commo.

https://www.thebusinessconversation.com.au/2019/11/05/john-blacklow-tasmania%E2%80%99s-business-broker-year/1572904418

John Blacklow is Tasmania’s Business Broker Of The Year

“There has never been a better time to be in real estate in Tasmania,” John told WILLIAMS MEDIA.

The Business Conversation