The Real Estate Conversation

Contact

REIA HAR shows sustained decrease in affordability to buy and rent

Housing affordability has declined over the June quarter 2023, with the proportion of income required to meet the average loan repayment increasing to 45.9% the latest Real Estate Institute of Australia (REIA) Housing Affordability Report (HAR) has found.

National

Politics

Changes to penalties and union rights...a risk to the residential building industry? - HIA

“The Closing Loopholes Bill, introduced into Federal Parliament on Monday risks acting as a disincentive to run a business particularly a small business in the residential building industry,” said Jocelyn Martin, HIA Managing Director.

Queensland (Qld)Brisbane

Featured Property

Classic Clayfield Queenslander for sale - Place

124 Alexandra Road Clayfield for sale by Patrick McKinnon and Jill Wright-Wotton of Place Ascot is loaded with lifestyle advantages.

Queensland (Qld)Gold Coast

Featured Property

Palatial Paradise Waters riverfront for sale - Ray White

97 Commodore Drive Paradise Waters for sale by Robbie Graham of Ray White Surfers Paradise redefines the concept of relaxed waterfront living.

National

The Economy

The value of Australia’s housing market just hit $10 trillion again. How is this possible?

According to Eliza Owen, Head of Research, CoreLogic Australia, the combined value of Australian housing rebounded to $10 trillion at the end of August, the first time the total estimated value hit double digits since June 2022.

Queensland (Qld)

The Economy

Queensland property continues to shine on - REIQ

Queensland property keeps proving itself to be a shining performer, according to quarterly median sales results released by the Real Estate Institute of Queensland (REIQ).

Queensland (Qld)Brisbane

Featured Property

Iconic Donovan Hill renovated 1920s New Farm Queenslander for sale - Place

MM House 180 Heal Street New Farm for sale by Heath Williams of Place New Farm delivers a harmonious blend of heritage and modernity.

New South Wales (NSW)

Featured Property

Beloved 5-acre Southern Highlands for sale - Belle

Braeside 150C Cedar Springs Road Kangaroo Valley for sale by Nick Dale of Belle Property is a slice of paradise for private enjoyment with potential income generation.

National

People

Coronis Group's Latest Power Couple: Dion & Cassandra Saab's Journey to Franchise Success

The partnership between Coronis and Dion and Cassandra Saab exemplifies the company's dedication to cultivating talent and supporting ambitious entrepreneurs.

National

The Economy

Short stay accommodation soars 22.8% as Australia's rental crisis rages - REIA

REIA President, Hayden Groves said that in the March quarter, a total of 133,968 short-stay accommodation (SSA) places were available in Australia, an increase of 3.7% over the quarter and a enormous 22.8% over the past year.

Pages

News Roundup

https://www.theaseandeveloper.com/news/2019/09/10/balaclava-townhome-development-address-market-gap/1568074583

Balaclava townhome development to address market gap

Icon Developments receive approval to build 27 two, three and four-bedroom townhomes in Melbourne.

The ASEAN Developer

https://www.rethinktokyo.com/tokyo-booming-office-market

Tokyo’s booming office market

Vacancies in central Tokyo are near zero while rents keep on increasing year over year.

REthink Tokyo

https://www.mingalarrealestateconversation.com/news/2019/09/10/yangon-serviced-apartment-market-report/1568039615

Yangon Serviced Apartment Market Report

Colliers International Myanmar's Yangon Serviced Apartment Market Report | Q2 2019.

Mingalar Real Estate Conversation

https://www.thehotelconversation.com.au/properties/2019/09/09/byron-bay%E2%80%99s-iconic-beach-hotel-sale/1567982762

Byron Bay’s Iconic Beach Hotel for sale

JLL Hotels & Hospitality Group has been exclusively appointed to sell what is widely regarded as Australia’s most iconic hotel, the Beach Hotel in Byron Bay.

The Hotel Conversation

https://www.commo.com.au/news/2019/09/04/record-year-investment-brisbane-cbd-market/1567556532

Record year of investment for Brisbane CBD market

Estimated volume of sales for Brisbane CBD office market has reached over $1 billion for the first half of 2019.

COMMO

https://www.rethinktokyo.com/tokyo-booming-office-market

Tokyo’s booming office market

Vacancies in central Tokyo are near zero while rents keep on increasing year over year.

REthink Tokyo

https://www.thehotelconversation.com.au/news/2019/09/05/reward-group-refurbish-two-five-star-hotels-pier-one-sydney-harbour-and-sails-desert

Reward Group to refurbish two five-star hotels - Pier One Sydney Harbour and Sails in the Desert

Reward Group, an industry leader in hotel refurbishments and fit-outs, have been awarded the contracts to refurbish two hotels close to two of our national icons - Pier One Sydney Harbour, positioned underneath the Harbour Bridge, and Sails in the Desert, located near Ayers Rock.

The Hotel Conversation

https://www.commo.com.au/news/2019/09/04/cbre-acquires-project-management-firm/1567566851

CBRE acquires project management firm

CBRE Group has announced it has acquired Montlaur Project Services, adding more than 50 personnel to its Project Management sector.

COMMO