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Apartment demand on the rise as housing affordability slips further - ANZ & CoreLogic

ANZ Economist, Madeline Dunk said: “We have seen demand for housing soften in recent months, with high interest rates, cost of living pressures and elevated home values deterring buyer competition. In some markets, this has contributed to value falls.

Tasmania (Tas.)

Featured Property

Historic 256-acre Redlands Estate Derwent Valley Tasmania for sale - Colliers

759 Glenora Road Plenty Tasmania for sale by Tim Altschwager and Duncan McCulloch of Colliers offers buyers a unique blend of history, natural beauty, and agricultural potential.

New South Wales (NSW)Sydney

People

Raine & Horne establishes presence in one of Australia's leading innovation districts

Raine & Horne has launched a new office in Macquarie Park, with the dynamic duo of Winston (Chengxiang) Huang and Bo Li at the helm.

Queensland (Qld)Brisbane

Featured Property

Resort-style 10.9 acre Rochedale for sale - Sotheby’s

99 Ford Road Rochedale for sale by Malcolm Li and Tyson Clarke of Queensland Sotheby's International Realty offers a tranquil lifestyle with pool, tennis court, and studio accommodation.

National

People

How Putting People First Builds Reputation and Success

By Adrian Bo, MBA CEO, Adrian Bo Real Estate Training & Auctions.

Queensland (Qld)Brisbane

The Economy

Stars align at Ray White Collective auction event - Ray White

Ray White Collective, a suite of businesses that includes top offices in the sought after Brisbane suburbs of New Farm, Bulimba, Clayfield and Toowong, recorded a nearly 70 per cent clearance rate after taking 27 lots to auction at the night time event.

National

The Economy

John McGrath – McGrath Report: Housing redefined: Family ties and growing pains

Despite higher interest rates and cost-of-living pressures, there are a lot of first home buyers in the marketplace across Australia says John McGrath, Chief Executive Officer of McGrath Estate Agents.

New South Wales (NSW)Sydney

Featured Property

Kilwinning renovated Southern Highlands for sale - Di Jones

40 Eridge Park Road Burradoo for sale by Sarah Wotton and Amy Bregonje of Di Jones is the epitome of the turn-key property, geared for entertaining.

Western Australia (WA)Perth

People

Hayden Groves recognised by REIWA for his service to the industry - Ray White

Hayden Groves, leader of Ray White Dethridge Groves, was last week awarded the coveted Kevin Sullivan Memorial Award by REIWA.

New South Wales (NSW)Sydney

Design

Zagga partners with Jamie Durie on Australia’s most sustainable luxury home

Zagga, has partnered with award-winning, celebrity landscape designer, Jamie Durie, on his latest project, a luxury home set to be one of Australia’s most sustainable builds.

Pages

News Roundup

https://www.thebusinessconversation.com.au/news/2020/10/15/regional-innovators-turn-big-ideas-business-outcomes/1602723686

Regional innovators turn big ideas into business outcomes

Impact Innovation’s online course supports rural and remote entrepreneurs during the pandemic.

The Business Conversation

https://www.theindustrialist.com.au/news/2020/10/12/industrial-unit-sale-north-east-nsw-real-specialists-commercial/1602476751

Industrial unit for sale in north-east NSW - REAL Specialists Commercial

A new and tenanted unit at 5/173 Lundberg Drive, South Murwillumbah is for sale through Assi Dadon of REAL Specialists Commercial.

The Industrialist

https://www.commo.com.au/news/2020/10/14/economic-crisis-casts-shadow-over-australia%E2%80%99s-cbd-office-markets-jll/1602635054

Economic crisis casts a shadow over Australia’s CBD office markets - JLL

JLL national office statistics for the third quarter show negative net absorption of -193,700 square metres and a vacancy rate increase of 2 percentage points from 10.2 per cent to 12.2 per cent.

Commo.

https://www.retalkasia.com/news/2020/10/14/singapore-and-australia-provide-top-asia-pacific-cross-border-capital-flow-2021

Singapore and Australia to provide top Asia Pacific cross border capital flow in 2021 - Knight Frank

Knight Frank’s Active Capital 2020 finds that cross-border investment into safe haven locations and ‘near-neighbours’ are set to dominate global capital flows in 2021, as COVID-19 shifts trends in real estate investment and global mobility.

Retalk Asia

https://www.suayphuket.com/news/2020/10/08/increased-demand-phuket-land-thai-investors/1602126928

Increased demand for Phuket land from Thai investors

CBRE has reported a noticeable increase in demand from domestic investors and individual buyers.

Suay Phuket

https://www.thehotelconversation.com.au/news/2020/10/13/coppersmith-hotel-sale-south-melbourne-lsv-hotels/1602554585

Coppersmith Hotel for sale in South Melbourne - LSV Hotels

The freehold going concern of a boutique hotel at the top end of Clarendon Street in South Melbourne is for sale through LSV Managing Director Michelle Matthews.

The Hotel Conversation

https://www.theindustrialist.com.au/news/2020/10/01/canning-vale-industrial-property-sold-124-million-transact-capital/1601539620

Canning Vale industrial property sold for $12.4 million - Transact Capital

A sizeable industrial property at 13 Modal Crescent, Canning Vale has been sold to Mair Property Funds for $12,405,000 in a deal negotiated by Alex Gismondi of Transact Capital.

The Industrialist

https://www.theaseandeveloper.com/2020/10/08/queens-bridge-place-melbournes-global-scale-mixed-use-development-site-sale-jll-and

"Queens Bridge Place" Melbourne's Global scale mixed use development site for sale JLL and Colliers

A permitted 6,202 sqm parcel of land on the doorstep of Melbourne’s CBD is anticipated to set the development sector aflutter this week, as Colliers International and JLL bring the Queens Bridge Place for sale to the market.

The ASEAN Developer