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30 suburbs joined Perth’s million-dollar club in 2023-24 - REIWA

A record 30 suburbs joined Perth’s million-dollar club in 2023-24, bringing the total number of suburbs with a median house sale price over $1 million to 87 said REIWA President Joe White.

Queensland (Qld)Gold Coast

People

Ray White welcomes Steve Mutton back to the family

Ray White announce the return of Steve Mutton, a highly respected industry leader, back to the Queensland network.

Queensland (Qld)Brisbane

People

Power duo Tatjana & Maddie call Coronis home

Coronis Group has announced that sales power duo Tatjana Freeman and Maddie See have joined its Woolloongabba Office, leaving McGrath Bulimba.

Victoria (Vic.)Melbourne

Featured Property

North Melbourne warehouse conversion for sale - RT Edgar

41-43 Little Leveson Street North Melbourne for sale by Lachie Fox and Jeremy Fox of RT Edgar features a full size inground pool and spa.

National

Politics

Policy reset required to build 1.2 million homes - HIA

While social and affordable housing is crucial for supporting with home ownership, a balanced approach that also boosts private market housing is essential to address Australia’s broader housing crisis, says HIA Managing Director, Jocelyn Martin.

National

People

Co-operty teams up with Effi to make co-ownership easier with the right mortgage

Co-operty, the pioneering property technology startup has signed a strategic integration agreement with Effi, the technology-led efficiency platform for mortgage brokers.

New South Wales (NSW)Sydney

People

Belle Property launches new office in Dural with local real estate legend

Belle Property has announced an expansion of its network of agents in Sydney with the latest office launch in Dural. The new office is led by Belle Property veteran Carolyn Wheatley, who will be joined by the dynamic Kasey Fyfe.

Victoria (Vic.)Melbourne Brighton Collingwood Fitzroy

The Economy

Luxury property bolsters broader market - Kay & Burton

Melbourne and Mornington Peninsula property markets find equilibrium as luxury sector maintains momentum says Kay & Burton Executive Director Alex Schiavo.

National

The Economy

Preliminary clearance rate bounces back above 70% - CoreLogic

By Kaytlin Ezzy, Economist, CoreLogic Australia.

National

The Economy

John McGrath – Relief for renters as heat comes out of market

Rents are barely rising at a national level, and are even starting to fall in some capital cities, providing relief for tenants after several years of very strong price growth amid historically low vacancy rates says John McGrath, McGrath Estate Agents CEO.

Pages

News Roundup

https://www.theaseandeveloper.com/news/2020/06/23/glebe-yha-sold-prior-auction-after-more-300-enquiries/1592889574

Glebe YHA sold prior to auction after more than 300 enquiries

Glebe YHA in Sydney's inner west has been sold to a domestic investor prior to auction after being marketed through CBRE's Adam Droubi, Matthew Fenn, Nicholas Heaton, and Andrew Jackson.

The ASEAN Developer

https://www.thebusinessconversation.com.au/news/2020/06/24/new-research-reveals-8-10-small-businesses-still-running-thanks-jobkeeper/1592974491

New research reveals 8 in 10 small businesses still running thanks to JobKeeper

A special COVID-19 Edition of MYOB’s Business Monitor shows over 90% of small business owners have seen a reduction in work due to the pandemic.

The Business Conversation

https://www.theaseandeveloper.com/2020/06/23/australia%E2%80%99s-largest-recycled-brick-building-arkadia-dko-architecture/1592895914

Australia’s largest recycled brick building, Arkadia - DKO Architecture

Development for Defence Housing Australia, the recently completed Arkadia in Alexandria is Australia’s largest recycled brick building.

The ASEAN Developer

https://www.retalkasia.com/news/2020/06/19/digital-transformation-retail-asia-pacific-accelerating-due-covid-19-cbre-survey

Digital transformation of retail in the Asia Pacific accelerating due to COVID-19 -CBRE Survey

New data from CBRE indicates the digitalisation of retail in the Asia Pacific is expected to accelerate due to the COVID-19 outbreak.

Retalk Asia

https://www.commo.com.au/news/2020/06/24/primewest-set-roll-out-second-stage-100-million-joondalup-master-plan/1592951283

Primewest set to roll out second stage of $100 million Joondalup master plan

National property fund manager Primewest is pushing ahead with its $100 million Master Plan for the City of Joondalup with plans unveiled for a 12,000 square metre office building and associated parking for 150 vehicles.

Commo.

https://www.thebusinessconversation.com.au/news/2020/06/22/teamwork-key-winning-reiwa-business-award/1592805786

Teamwork is the key to winning REIWA business award

Winner of the REIWA Business Broker of the Year award was Graham O'Hehir of GMO

The Business Conversation

https://www.commo.com.au/2020/06/22/cbre-comes-away-reiwa-award/1592798719

CBRE comes away with REIWA Award

Anthony Del Borrello of CBRE has received the 2020 REIWA Commercial Salesperson of the Year award.

Commo.

https://www.theaseandeveloper.com/news/2020/06/18/dexus-submits-plans-21-billion-eagle-street-pier-precinct/1592434488

Dexus submits plans for $2.1 billion Eagle Street Pier precinct

Dexus has lodged development plans with Brisbane City Council for its $2.1 billion city-shaping transformation of Eagle Street Pier.