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Sydney waterfront property commands the highest premium globally - Knight Frank

Knight Frank has released its 2023 Waterfront Homes report. The research found Sydney waterfront property commanded the highest price premium out of the 8 global cities analysed. Waterfront property in Sydney generates a 118% premium, down only marginally from 121% in 2022.

Victoria (Vic.)Melbourne

Featured Property

c1888. Woodend country estate with Paul Bangay gardens St Ambrose sold - Kay & Burton

7 Wood Street Woodend sold by Campbell Kilsby and Will Maxted of Kay & Burton after a 4-week campaign.

National

The Economy

Winter auction market holds steady - CoreLogic

Auction activity remains steady this week with 1,426 homes across the combined capitals scheduled for auction, down just two auctions from last week. Last year over the same period, a 3.7% week-on-week increase was recorded, as school holiday activities concluded.

National Queensland (Qld)Brisbane

People

Coronis Group Empowers Aspiring Agents with Jodi Ford's Inspiring Journey over her past 40 years in the Industry

Coronis Group, a leading real estate network, is thrilled to highlight the exceptional leadership expertise of Jodi Ford. Jodi's journey from property manager to a successful business owner showcases the unique support and mentorship that Coronis provides to aspiring property agents in the industry.

Queensland (Qld)Brisbane

Place Ascot charity auction - commission free sale

Place Ascot continues its support of Ascot State School with a charity auction for commission free sale.

National

Construction

Commencements of detached houses continue to decline into 2023 - HIA

“Australia commenced 26,265 new houses in the first quarter of 2023, down by 16.4 per cent on the same quarter last year and 39.1 per cent fewer houses commenced than during the peak in the June Quarter 2021,” stated HIA Senior Economist, Tom Devitt.

New South Wales (NSW)

Featured Property

Secluded 20-acre Southern Highlands estate for sale - Knight Frank

Wombat Hollow at 300 Kirkland Road East Kangaloon for sale by Nathan Berlyn and Andrew Blake of Knight Frank delivers a range of additional curated accommodation.

Victoria (Vic.)Melbourne Brighton

Featured Property

Finnis Architects ultra modern Brighton for sale - Buxton

Quarry House 6 Menzies Avenue Brighton for sale by Stefan Whiting and Kym Williams of Buxton Brighton offers architect designed tri-level luxury in a quiet cul-de-sac.

National

The Economy

Growth in Australian construction costs lowest since 2020 - CoreLogic

CoreLogic’s Cordell Construction Cost Index (CCCI), which tracks the cost to build a typical new home, returned a quarterly growth rate of 0.7% for the June quarter, the lowest rate since September 2020 and well below the 1.2% decade average.

Victoria (Vic.)

Featured Property

Mount Eliza Pelican Point beachfront for sale - McEwing & Partners

Peppermint Grove 3 Tintagel Court Mount Eliza for sale by Quentin McEwing and Kelsi Culhane of McEwing & Partners offers direct gated access to Daveys Bay and Canadian Bay beaches.

Pages

News Roundup

https://www.thehotelconversation.com.au/news/2019/06/26/raffles-sentosa-resort-spa-singapore-and-raffles-bali-join-iconic-collection-hotels

Raffles Sentosa Resort & Spa Singapore and Raffles Bali to join iconic collection of hotels in Asia

Accor had added two landmark projects to its pipeline, with Raffles Bali set to open in 2020 and Raffles Sentosa Resort & Spa Singapore planned for 2022.

The Hotel Conversation

https://www.commo.com.au/news/2019/06/26/tweed-heads-freehold-investment-sold-131-million/1561525205

Tweed Heads freehold investment sold for $1.31 million

A single level, freestanding, freehold showroom/warehouse has been sold at auction for $1.31 million through Ray White Commercial GC South, in conjunction with Nathan Moore of Ray White Commercial Bayside.

COMMO

https://www.retalkmena.com/news/2019/06/27/aed-15-billion-contract-goes-shapoorji-pallonji-middle-east/1561605140

AED 1.5 billion contract goes to Shapoorji Pallonji Middle East

Sharpoorji Pallonji Middle East joins Drees & Sommer, B+H Architects, and Khatib & Alami as key stakeholders for 160,000 square metre luxury development, Qaryat al Hidd.

RETALK MENA

https://www.commo.com.au/2019/06/26/creative-industry-demand-continues-drive-sydney-fringe-office-vacancy-down-knight-frank

Creative industry demand continues to drive Sydney fringe office vacancy down - Knight Frank

The demand for commercial office space in Sydney is rising outside the traditional CBD centre, according to Knight Frank.

Commo

https://www.thehotelconversation.com.au/properties/2019/06/26/boutique-hotel-luxury-residence-andor-wellness-centre-saratoga-bali-sale

Boutique hotel, luxury residence and/or wellness centre Saratoga Bali for sale

Situated approximately 18 minutes from Canggu sits Saratoga – a stunning 3,000sqm estate listed for sale, nestled within lush green jungle and its centrepiece a river running directly through the middle, with a 12 metre bridge connecting the property.

The Hotel Conversation

https://www.rethinktokyo.com/tokyo-outdoor-bars-beer-gardens

Best outdoor spots to grab a drink in Tokyo

Get outdoors and make the most of Tokyo after dark.

REthink Tokyo

https://www.thehotelconversation.com.au/news/2019/06/26/nsw-international-visitation-smashes-11-billion-record/1561552488

NSW international visitation smashes $11 billion record

NSW received a record $11 billion in international visitor expenditure, according to the latest International Visitor Survey results and continues to lead the country in attracting international visitors.

The Hotel Conversation

https://www.commo.com.au/news/2019/06/24/mornington-premium-medical-precinct-sale/1561358990

Mornington premium medical precinct for sale

CBRE agents Josh Twelftree, Sandro Peluso, Jimmy Tat and Marcello Caspani-Muto have been appointed to negotiate the sale of the healthcare property in via public auction on July 13, 2019.

COMMO