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CoreLogic Home Value Index: Further evidence Australia’s housing downturn is over says CoreLogic

After falling -9.1% between May 2022 and February 2023, Australian housing values look to have bottomed out, posting a second consecutive monthly rise. CoreLogic’s national Home Value Index (HVI) increased by half a percent in April, following a 0.6% lift in March to be 1.0% higher over the past three months. CoreLogic’s Research Director, Tim Lawless, it is becoming increasingly clear the housing market has moved through an inflection point.

National

The Economy

New PropTrack report: Home prices continue to stablise in April

National home prices continued to stabilise in April after rising for the fourth consecutive month, according to the PropTrack Home Price Index.

New South Wales (NSW)Sydney

Featured Property

Manly oceanfront for sale with views over Cabbage Tree Bay - The Agency

118A Bower Street Manly for sale by Jake Rowe and Kingsley Yates of The Agency perched high above The Manly Riviera has sweeping 180° open sea panoramas.

Victoria (Vic.)Melbourne

Featured Property

Contemporary Hawthorn Grace Park Estate for sale - Abercrombys

12 Mary Street Hawthorn for sale by Jock Langley of Abercrombys is an architectural masterwork of spectacular style.

National

Construction

Shortage of skilled trades remains acute, despite return of skilled migration - HIA

The HIA Trades Report provides a quarterly review of the availability of skilled trades and any demand pressures on trades operating in the residential building industry.

New South Wales (NSW)Sydney

Featured Property

Robert Parisi designed Hills District acreage for sale - Guardian

Grand Reve 23 Fuggles Road Kenthurst for sale by Ben Jobberns and Harrison Mahaffie of Guardian Realty is one of the finest estates in Sydney’s Hills District.

Victoria (Vic.)Melbourne

Featured Property

Mr Melbourne Ron Walker’s grand Toorak estate for sale - Kay & Burton

Huntingfield 55 Albany Road Toorak for sale by Gowan Stubbings, Gerald Delany and Jamie Mi of Kay & Burton with a $55-$60 million price guide.

Queensland (Qld)Brisbane

Featured Property

Kangaroo Point c1860s Brisbane heritage home for sale - SAI Real Estate Group

267 Main Street Kangaroo Point for sale by Varsha Daswani and Cooper Swift of SAI Real Estate Group provides stunning views of the Brisbane City skyline.

New South Wales (NSW)Sydney

Featured Property

Across from Macquarie Lighthouse Vaucluse for sale - Biller / Bradfield BadgerFox

180 Old South Head Road Vaucluse for sale by Paul Biller and Ben Torban of Biller Property in conjunction with William Tsagaris and Alex Papa of Bradfield BadgerFox.

National

The Economy

A new generation of proptech apps is saving tenants time, money and hassle when applying for rental accommodation in a crowded market

Against the background of Australia’s ongoing rental crisis, proptech apps can deliver tenants a winning edge in a tight market by saving them time, money and hassle when applying for a rental property.

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News Roundup

https://www.mingalarrealestateconversation.com/profiles/2019/04/02/get-know-chris-dietz-executive-vice-president-global-operations-leading-real

Get to know Chris Dietz Executive Vice President, Global Operations Leading Real Estate Companies of the World®

WILLIAMS MEDIA spoke with Chris Dietz from Leading Real Estate Companies of the World® to get an insight into his property journey and experiences in the global real estate market.

Mingalar Real Estate Conversation

https://www.retalkasia.com/news/2019/03/28/asian-investment-central-and-eastern-europe/1553729157

Asian investment in Central and Eastern Europe

Colliers International seeks to answer if the sun from the east will continue to rise.

Retalk Asia

https://www.thehotelconversation.com.au/news/2019/04/01/new-era-hotel-development-australia-tourism-australia/1554108288

"A new era of hotel development in Australia" - Tourism Australia

Tourism Australia has revealed that a new era of hotel development is underway in Australia, with 300 new or upgraded hotels scheduled to open by 2025.

The Hotel Conversation

https://www.thebusinessconversation.com.au/news/2019/03/26/reia-award-confirms-katz-best-business/1553569951

REIA Award confirms Katz as the best in the business

Nikki Katz has added an REIA Business Broker of the Year Award to her already impressive list of accolades.

The Business Conversation

https://www.commo.com.au/news/2019/03/27/ray-white-and-colliers-take-out-reia-commercial-awards/1553662183

Ray White and Colliers take out REIA Commercial awards

Colliers International ACT and Ray White Nunawading were among the big winners at the REIA Awards for Excellence last week, named Commercial Salesperson of the Year.

COMMO

https://www.thehotelconversation.com.au/news/2019/03/28/new-york-and-miami-based-brand-1-hotel-announced-melbourne-northbank-seafarers

New York and Miami based brand '1 Hotel' announced for Melbourne Northbank Seafarers project

Privately held Riverlee has been selected to develop Australia’s first '1 Hotel' opening in 2022, forming part of the $450 million multi-purpose Northbank project, Seafarers, in Melbourne.

The Hotel Conversation

https://www.suayphuket.com/news/2019/03/27/hermes-heads-phuket/1553662553

Hermes heads to Phuket

French high fashion manufacturer Hermes has set its sights on Phuket, opening a new store with the help of architecture agency RDAI.

SUAY PHUKET

https://www.commo.com.au/news/2019/03/27/dexus-working-deal-80-collins-street/1553665650

Dexus working on deal for 80 Collins Street

Real investment trust Dexus could be set to take over QIC’s 80 Collins Street precinct in a deal reported to be in excess of $1.3 billion.

Commo