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Builders to remain busy into 2023 - HIA

New home building and renovation booms will keep Australia's already stretched home builders busy until at least June 2023 states HIA Economist Tom Devitt.

Queensland (Qld)Gold Coast

Featured Property

REAL Specialists sold Coolangatta family home for over $2.3m

45 Binya Avenue Coolangatta sold by Brent Hodge of REAL Specialists was the first freestanding home sold in Coolangatta following the recent Federal Election.

New South Wales (NSW)Sydney

People

RE/MAX continues its push into upper north shore market

RE/MAX Lead opens in Roseville this week under ownership of experienced business owners Tom Leng and Carrie Chen.

New South Wales (NSW)

People

Laing+Simmons Lithgow opens with experienced local team

Under the leadership of high-profile local real estate identity Graham Hodson, a new Laing+Simmons office opens this week in Lithgow in a further boost to the brand’s growing regional network.

National

The Economy

Auction activity and clearance rates rose across the combined capitals after a slump in the number of auctions amid last week’s Federal election - CoreLogic

Recording the busiest week since the pre-Easter spike, auction activity across the combined capital cities rebounded sharply this week, nearly doubling the number of auctions held last week during the Federal election slump (1,672). With 3,229 auctions held across the combined capitals, the volume of auctions held this week was up 11.2% from the 2,905 held this time last year. By Caitlin Fono, Research Analyst, CoreLogic

National

The Economy

John McGrath – Australia’s most profitable property markets

According to John McGrath, Chief Executive Officer of McGrath Estate Agents, owners have to brace themselves and prepare for the value of their homes to potentially go down after the phenomenal pandemic-induced property boom we have seen across the country.

Western Australia (WA)Perth

Featured Property

‘Stonewall’ breathtaking Perth Hills acreage for sale – The Agency

1565 Glen Road Darlington for sale by Patrick Harper of The Agency is like a private Bali resort with panoramic views.

Victoria (Vic.)Melbourne Brighton

Featured Property

Jon Friedrich designed Brighton home for sale - Kay & Burton

16 Weatherly Grove Brighton for sale by Alex Schiavo and Jamie Mi of Kay & Burton offers a contemporary family lifestyle close to the beach.

New South Wales (NSW)Sydney

Featured Property

Designer Clontarf home for sale overlooking Middle Harbour - The Agency

4 Linkmead Avenue Clontarf for sale by Jake Rowe and Nathan Tse of The Agency delivers architect-designed luxury with views across The Spit and beyond.

New South Wales (NSW)Sydney

Featured Property

Stately Queen Street Woollahra terrace for sale – The Agency

The Victorian terrace at 45 Queen Street Woollahra for sale by Ben Collier of The Agency is positioned just a stone's throw from the heart of vibrant Woollahra Village.

Pages

News Roundup

https://www.thebusinessconversation.com.au/property/18-service-street-bairnsdale-3875/award-winning-gippsland-salon-market

Award-winning Gippsland salon on the market

Occupying spacious premises in a prominent position, Ella Bache Beauty Salon Bairnsdale boasts a large clientele list and a broad range of beauty services. For sale by Kim Ashwood and Dennis van Reyk of Ashwood Van Reyk Real Estate.

The Business Conversation

https://www.retalkasia.com/news/2018/06/27/bangkok-ranked-92nd-most-expensive-city/1530054053

Bangkok ranked 92nd most expensive city

CBRE's 2018 Prime Occupancy Costs report reveals Bangkok was the 92nd most expensive city for office rent prices.

RETalk Asia

https://www.retalkmena.com/news/2018/06/28/dubai-properties-projects-draw-interest-chinese-investors/1530133800

Dubai Properties projects draw interest from Chinese investor

Master developer’s flagship project 1/JBR featured at Beijing’s Luxury Property Showcase.

RETalk Mena

https://www.thehotelconversation.com.au/news/2018/06/28/tim-gurner-st-kilda-novotel-hotel-development-project-set-become-550m-luxury

Tim Gurner St Kilda Novotel Hotel development project set to become $550m luxury apartments

Luxury property developer, GURNER™ has partnered with Barana Group and Alceon to develop the St Kilda Novotel Hotel into a $550 million luxury residential apartment project.

The Hotel Conversation

https://www.retalkmena.com/news/2018/06/28/mena-projects-shortlisted-world-architecture-festival-awards/1530134404

MENA projects shortlisted for World Architecture Festival Awards

Architecture in Morocco, UAE, Saudi Arabia, Turkey, Iran, Qatar and Lebanon will feature in the 2018 edition of the World Architecture Festival Awards.

RETalk Mena

https://www.retalkasia.com/news/2018/06/26/mottama-holdings-announces-us1-billion-new-projects-myanmar/1529967602

Mottama Holdings announces US$1 billion in new projects - Myanmar

With expected completion set for 2022, Mottama Holdings latest residential, office, retail and recreational projects total US$1 billion in value.

RETalk Asia

https://gapurabali.com/news/2018/06/27/indonesias-arts-and-culture-vital-economic-development/1530054038

Indonesia's arts and culture vital for economic development

President Jokowi encourages students and business owners in Bali to see the importance of developing the country's cultural and artistic diversity alongside its economic infrastructure.

Gapura Bali

https://www.thehotelconversation.com.au/news/2018/06/28/iconic-scarborough-hotel-and-apartment-development-approved/1530148845

Iconic Scarborough hotel and apartment development approved

After initially being rejected, the Iconic Scarborough hotel and apartment project in Perth has been approved by the The Metropolitan Redevelopment Authority, allowing Chinese developer 3 Oceans Property to go ahead with their 324 apartment, 148-room hotel proposal.

The Hotel Conversation