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Queensland (Qld)Brisbane Gold Coast Sunshine Coast

Queensland is still worlds away from a healthy rental market - REIQ

Obscenely tight rental conditions continue in Queensland according to the latest Residential Vacancy Rate Report released by the Real Estate Institute of Queensland (REIQ).

National

The Economy

When will house prices be back to peak?

We’re now consistently seeing house price growth across every Australian capital city. Like every downturn, we’ve seen prices fall far less than what’s generally predicted. Housing markets almost always surprise with strength on the upside and see far less robust declines when the market turns, says Nerida Conisbee, Ray White Chief Economist.

National

The Economy

Growth in Australian construction costs finally show signs of easing - CoreLogic

After two years of unabated increases in the price to build a new home or renovation, there are signs pressures on construction costs are easing despite lingering labour shortages and volatility among timber, metal and petrol prices.

Queensland (Qld)Brisbane

Featured Property

Frank Lloyd Wright-inspired Teneriffe sold for suburb record $6m - Place

281 Kent Street Teneriffe sold by Heath Williams of Place New Farm smashed the Teneriffe suburb record for a sub 400sqm non riverfront block.

Victoria (Vic.)Melbourne

The Economy

House prices settle across Victoria - REIV

Andrew Meehan REIV President noted that the property market is still stabilising after the price boom the pandemic instigated, and while there’s still uncertainty around the future impact of interest rate rises in the market, there is positive activity.

National

The Economy

John McGrath – Best tips for buying pre-auction and on the day

According to John McGrath, Chief Executive Officer of McGrath Estate Agents, fate can play a hand in finding the right property.

Queensland (Qld)Brisbane

Featured Property

The Oxlade New Farm riverfront whole floor sub-penthouse for sale - Place

18/80 Oxlade Drive New Farm for sale by Sarah Hackett and Charmaine McDonald of Place New Farm offers 507sqm whole floor luxury with a notable riverfront address.

Victoria (Vic.)

Featured Property

5-acre Mornington Peninsula for sale - RT Edgar

Iragana 534 Purves Road Main Ridge for sale by Samantha Moffatt, Jo Brady, and Holly Longmuir of RT Edgar Mornington Peninsula offers some of the best views in the area.

National

Politics

Superannuation reform an opportunity lost to assist younger generations and retiree renters being denied home ownership - REIA

Real Estate Institute of Australia (REIA)’s ‘Submission: Legislating the Objective of Superannuation’ has encouraged the Treasury to take a bigger picture approach to defining what a successful retirement means.

National

Auction clearance rate hits highest level since May last year

Strengthening market conditions and improved buyer confidence has resulted in the auction clearance rate increasing to be the highest level since May last year, according to the latest Apollo Auctions Auction Report.

Pages

News Roundup

https://www.thehotelconversation.com.au/properties/2019/02/13/wayside-inn-melbourne-hotel-lease-will-connolly-cbre-hotels/1550044633

Wayside Inn Melbourne Hotel for lease - Will Connolly CBRE Hotels

Located in iconic South Melbourne, just minutes from Melbourne’s CBD, amongst commercial warehouse and office space providing patrons at your door, the Wayside Inn is poised to maintain South Melbourne’s pub resurgence.

The Hotel Conversation

https://www.commo.com.au/news/2019/02/13/resilient-australian-investment-market-continues-grow-colliers/1550031593

'Resilient' Australian investment market continues to grow - Colliers

Changes to the composition of Australian shopping centres is a key factor underpinning the resilience of bricks-and-mortar retailing, according to Colliers International's 2019 Investment Review.

COMMO

https://www.theaseandeveloper.com/news/2019/02/13/burj-jumeira-launched-dubai/1550029178

Burj Jumeira launched in Dubai

Construction has begun on Dubai Holding's next contribution to the Dubai city skyline, Burj Jumeira

The ASEAN Developer

https://www.thehotelconversation.com.au/profiles/2019/02/13/barry-fleischmann-joins-colliers-hotels-brisbane/1550013346

Barry Fleischmann joins Colliers Hotels in Brisbane

Barry Fleischmann has joined the Hotels team at Colliers International in Brisbane as a Director, following an extensive career in the hospitality industry both here and in the US.

The Hotel Conversation

https://www.commo.com.au/news/2019/02/13/bendigo-banks-dockland-headquarters-hits-market/1550010370

Bendigo Bank's Dockland headquarters hits the market

Colliers International and CBRE are expected to field offers in excess of $80 million for Bendigo Bank‘s Melbourne headquarters, after it was listed by Singapore-based Wharf Street Investments.

COMMO

https://www.retalkasia.com/news/2019/02/12/savills-korea-release-their-seoul-office-sector-briefing-q4-2018/1549940541

Savills Korea release their Seoul Office Sector Briefing Q4 2018

Savills' latest research report has found that Demand for Seoul’s prime offices continued to rise in Q4 after two straight quarters of growth.

RETalk Asia

https://www.thebusinessconversation.com.au/property/42-donkin-lane-mission-beach-4852/pippis-beach-waterside-restaurant-sale-mission-beach

Pippi's on the Beach: waterside restaurant for sale in Mission Beach

This former beach house has been redesigned into an absolute beachfront restaurant with stunning views. For sale by Tania Steele of Tropical Property.

The Business Conversation

https://www.thehotelconversation.com.au/news/2019/02/12/construction-new-200-million-westin-darwin-hotel-will-begin-month/1549920180

Construction of the new $200 million Westin Darwin hotel will begin this month

Construction of the The Westin Darwin Hotel will commence this month, overlooking the Darwin Harbour and adjoining the CBD, providing a significant boost for the local tourism industry, and act as a major drawcard for high-end business people and more tourists.

The Hotel Conversation