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Featured Property

Split level Portsea beach house for sale - Marshall White

38 Wattle Grove Portsea for sale by Andrew Hayne and Ilze Moran of Marshall White offers the best of Mornington Peninsula living.

National

The Economy

Airbnb creating housing crisis for regional Australia - REIA

REIA CEO Anna Neelagama speaks at national press conference on housing crisis facing regional Australia.

New South Wales (NSW)Sydney

The Economy

Vacancy rates fluctuate across NSW as rental crisis continues to grip market

The REINSW Vacancy Rate Survey results for April 2023 show that residential vacancies in Sydney remain at their lowest level since April 2011.

Queensland (Qld)Brisbane

People

Ray White Rochedale welcomes agent Jason Song

Brisbane’s southside, Ray White Rochedale is thrilled to announce the addition of a high performing real estate agent to their top performing team.

National

The Economy

Combined capitals record a preliminary clearance rate above 70% for the second consecutive week (74.4%) - CoreLogic

Auction activity decreased -3.0% this week, with 1,673 auctions held across the combined capitals. The previous week saw 1,724 homes auctioned, while this time last year, 2,879 capital city auctions were held.

National

Construction

New home sales remain at rock bottom - HIA

“Sales of new homes across Australia rose by 6.8 per cent in April 2023 compared to the previous month,” stated HIA Chief Economist, Tim Reardon.

National

The Economy

John McGrath – Has beachside living eclipsed metro appeal?

According to John McGrath, Chief Executive Officer of McGrath Estate Agents, it is very hard to get it wrong when buying property in beach suburbs, no matter which price bracket you’re purchasing in.

National

Politics

Housing Minister Delivers First Post Budget Address to Real Estate Industry - REIA

The Real Estate Institute of Australia hosted the Minister for Housing and Small Business, the Honorable Julie Collins MP, for her first post Budget 2023-24 address to industry.

Queensland (Qld)

Politics

Add your voice to the REIQ’s rental reform campaign

The Real Estate Institute of Queensland (REIQ) is calling on property managers and property investors in Queensland to join its campaign to convince the State Government to reconsider proposed stage 2 rental law reforms.

National

People

First National Real Estate Announces National Awards at Hobart Convention

First National Real Estate’s agents were presented with their General Excellence and Marketing Awards last night at Hobart’s Princes Wharf One (PW1), with famous Australian comedian Dave Hughes serving as the glittering event’s guest of honour.

Pages

News Roundup

https://www.thehotelconversation.com.au/news/2019/04/16/griffith-pub-area-hotel-sold-blake-edwards-sam-handy-htl-property/1555371738

Griffith pub The Area Hotel sold - Blake Edwards, Sam Handy, HTL Property

One of regional New South Wales’ strongest gaming pubs has changed hands in the latest sign of continued demand for large format regional pubs.

The Hotel Conversation

https://www.commo.com.au/properties/2019/04/10/ray-white-industrial-milton-close-deal-brisbane-commercial-property/1554852560

Ray White Industrial Milton close deal on Brisbane commercial property

The asset houses the Ferny Grove Discount Drug store in Brisbane's eastern suburbs. It was sold for $1.1 million by Ray White Industrial Milton.

COMMO

https://www.rethinktokyo.com/tokyo-best-foodie-neighbourhoods

Six of Tokyo's best foodie neighbourhoods

From rich, late-night ramen to lengthy multi-course kaiseki meals, Tokyo is renowned for a food scene that’s bursting at the seams.

Rethink Tokyo

https://www.commo.com.au/news/2019/04/10/toowoomba-cbd-retail-strip-continues-be-influenced-large-shopping-centres-ray-white

Toowoomba CBD retail strip continues to be influenced by large shopping centres - Ray White

Ray White Toowoomba has undertaken a survey across the past two years to better understand the town's retail strip.

COMMO

https://www.retalkasia.com/news/2019/04/15/asian-investors-sticking-core-london-markets-times-uncertainty/1555293711

Asian Investors sticking to core London markets in times of uncertainty

Asian investors accounted for over a quarter of transactions in London’s city core, according to Colliers International and its analysis of Q1 2019 investment volumes.

REtalk Asia

https://www.thehotelconversation.com.au/news/2019/04/15/daydream-island-opens-its-doors-first-guests/1555290309

Daydream Island opens its doors to first guests

Following an extensive redevelopment from damage caused in March 2017 by Cyclone Debbie, Daydream Island has today welcomed its first guests back to the resort.

The Hotel Conversation

https://www.suayphuket.com/news/2019/04/11/phuket-tourist-arrivals-during-songkran-period-set-rise-last-year/1554958017

Phuket tourist arrivals during Songkran period set to rise from last year

Airports of Thailand has forecast a 16.2% year-on-year increase in Phuket tourist arrivals over Songkran.

Suay Phuket

https://www.commo.com.au/news/2019/04/10/race-vacant-retail-assets-hits-melbourne%E2%80%99s-inner-city-bay-street-space-sells-131

Race to vacant retail assets hits Melbourne’s inner city as Bay Street space sells for $1.31 million

A retail space at 371 Bay Street has sold for $1.31 million at auction, following a sales campaign by Fitzroys agents James Lockwood and David Bourke, and Patrick O’Callaghan of O & Co

COMMO