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Queensland (Qld)Gold Coast

The Economy

Slowdown in population growth no impediment to Gold Coast housing market - Colliers

Colliers Market Overview reveals city’s north to continue driving development boom.

National

The Economy

No justification for a rate rise says HIA

“The number of loans issued for the construction or purchase of new homes are at their lowest level since the Global Financial Crisis in 2008,” stated HIA Senior Economist Tom Devitt.

National

The Economy

Home Value Index up 0.8% in September as demand/supply imbalance continues to push values higher - CoreLogic

Utilising a fresh model upgrade, CoreLogic’s national Home Value Index (HVI) recorded a 0.8% rise in September as the recovery trend moved through an eighth consecutive month of growth.

National

The Economy

John McGrath – Strong auction clearance rates prove Spring market strength

According to John McGrath, Chief Executive Officer of McGrath Estate Agents, we’re now seeing the highest number of properties going to auction this year, as more new listings flow onto the market this Spring.

National

The Economy

Listings declined in September - Ray White

According to William Clark Ray White Group Data Analyst, listings declined in September, although they remain elevated compared to last year.

National

The Economy

Price growth continues in September - Ray White

According to Nerida Conisbee, Chief Economist at Ray White Group, Australian house prices increased by 6.1 per cent while units increased by 4.3 per cent over the past 12 months.

New South Wales (NSW)

Featured Property

Scenic Mount Irvine Blue Mountains acreage for sale - Sotheby’s

Carisbrook 24-32 Danes Way Mount Irvine for sale by Grant Dale, David Medina and James McCowan of Sotheby’s International Realty provides a move in ready country residence without compromising modern lifestyle comforts.

Queensland (Qld)

Featured Property

200-acre world-class Port Douglas eco sanctuary for sale - Edwards and Co

172 Syndicate Road Port Douglas for sale by Sandie-Leigh Edwards of Edwards and Co Property Group takes in ocean, mountain, and rural landscape panoramas.

Queensland (Qld)Sunshine Coast

Featured Property

5634sqm Sunshine Coast Hinterland for sale - The Agency

38 Amaroo Drive Buderim for sale by Dan Smith and Dale Woodhams of The Agency features unique rammed earth construction and award-winning swimming pool.

National

The Economy

Study finds Chinese buyers not to blame for high home prices - Juwai IQI

Important new research that has ramifications for home markets all over the world has just established that Chinese buyers are not to blame for high home prices in Sydney, Australia.

Pages

News Roundup

https://www.thebusinessconversation.com.au/2019/10/14/barramundi-farm-set-represent-northern-territory-national-stage/1571020269

Barramundi farm set to represent the Northern Territory on national stage

Commended for their environmental leadership, Humpty Doo Barramundi has been working to cultivate a sustainable food chain and re-establish a functional wetland since 1993.

The Business Conversation

https://www.thehotelconversation.com.au/2019/10/14/growth-working-holiday-maker-whm-visa-holders-benefitting-regional-accommodation

Growth of Working Holiday Maker (WHM) visa holders benefitting regional accommodation providers

Tourism Accommodation Australia (TAA) has reported that accommodation providers and tourism businesses in regional Australia were benefitting from a 20 per cent annual increase in the number of Working Holiday Maker (WHM) visa holders obtaining a second year visa.

The Hotel Conversation

https://www.commo.com.au/news/2019/10/11/brisbane-office-asset-sold-ray-white-commercial-11-million/1570754787

Brisbane office asset sold by Ray White Commercial for $11 million

Australian Unity Property Income Fund snaps up four-level building in affluent Newstead.

Commo.

https://www.theaseandeveloper.com/news/2019/10/11/key-development-site-gateway-caloundra%E2%80%99s-cbd-listed-sale/1570759031

Key development site at the gateway to Caloundra’s CBD listed for sale

Multiple properties on Bulcock Street to be sold by CBRE.

The ASEAN Developer

https://www.theindustrialist.com.au/news/2019/10/10/rare-lane-cove-corn-mill-be-sold-cushman-wakefield/1570668190

Rare Lane Cove corn mill to be sold by Cushman & Wakefield

Sydney property likely to generate strong interest due to residential, business or mixed-use prospects.

The Industrialist

https://www.theaseandeveloper.com/news/2019/10/09/da-approved-fairlight-residential-site-sold-585-million-within-48-hours-vip-listing

DA approved Fairlight residential site sold for $5.85 million within 48 hours of VIP listing

Rapid sale shows strength of residential development market, says CBRE

The ASEAN Developer

https://www.thehotelconversation.com.au/properties/2019/10/10/box-hill-motel-sold-nearly-2-million-over-expectations/1570679527

Box Hill Motel sold for nearly $2 million over expectations

"The sale of Melbourne's Box Hill Motel achieved a yield of 2.95%, as well as a land rate of $1,472 per square metre," says Savills agents Nick Peden, Jesse Radisich and Benson Zhou.

The Hotel Conversation

https://www.commo.com.au/news/2019/10/10/fortitude-valley-office-tower-expected-sell-more-90-million/1570672755

Fortitude Valley office tower expected to sell for more than $90 million

Located just one kilometre from Brisbane’s CBD, 757 Ann Street expected to generate interest from both domestic and offshore investors.

Commo.