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The Economy

The combined capital clearance rate dipped as Sydney and Melbourne hosted the busiest auction week since Easter

The combined capital clearance rate dipped as Sydney and Melbourne hosted the busiest auction week since Easter.

National

The Economy

Sustainable homes recognised at national awards - HIA

NSW sustainable builder Blue Eco Homes won two awards at the prestigious 2023 HIA Australian GreenSmart Awards, announced Friday 25th August.

Western Australia (WA)Perth

People

Celebrating excellence: 2023 REIWA Awards recognise top achievers in WA real estate

REIWA CEO Cath Hart said the awards honoured the state’s best performing agents and agencies across residential and commercial sales and leasing for the 2022-23 financial year.

Tasmania (Tas.)

People

The Agency expands Tasmanian team

The Agency Real Estate has expanded its offering in Tasmania with highly successful team of Katrina Garwood and Ian McCallum joining the national real estate brand.

The Economy

John McGrath – Spring market outlook

According to John McGrath, Chief Executive Officer of McGrath Estate Agents, a seasonal boost to listing numbers will provide welcome relief for buyers in today’s competitive market.

Victoria (Vic.)Melbourne

People

Buxton Annual Gala Dinner and Awards celebration

Congratulating all the 2023 award winners, Buxton CEO Marcus Williams reflected, "Against the backdrop of a challenging year that was, our winners results were outstanding."

Queensland (Qld)Brisbane

Featured Property

Spanish-inspired Bulimba riverside for sale - Place

38 Portside Place Bulimba for sale by Sarah Hackett of Place New Farm melds rustic interiors with entertainment options including a rooftop terrace with bar.

National

People

The Agency accelerates market share growth in difficult operating environment

National real estate company The Agency Group Australia has delivered a strong increase in national market share in FY23 as it continues to grow market presence nationally across six states and territories.

New South Wales (NSW)Sydney

Featured Property

Transformed 1906 Mosman Arts and Craft for sale - Atlas

156 Raglan Street Mosman for sale by Scott Thornton and Michael Coombs of Atlas was a passion project for owners Brooke & Leith Testoni.

National

Politics

REIA says young Aussies being short changed on tax and homes: IGR

The Real Estate Institute of Australia congratulated the Treasurer on the release of the Intergenerational Report but has said shows it has looming and unresolved headwinds for Australia’s younger property customers.

Pages

News Roundup

https://www.thehotelconversation.com.au/news/2019/09/03/domestic-demand-new-zealand-offsets-soft-international-numbers-reports-cbre

"Domestic demand in New Zealand offsets soft international numbers" - reports CBRE

International visitor nights across New Zealand decreased by 2.3% in the 12 months to June 2019, while domestic nights increased by 3.8% resulting in a 1.1% increase overall - the CBRE New Zealand Research Centre has reported.

The Hotel Conversation

https://www.rethinktokyo.com/japan-online-resale-sites

Japan's online resale sites you maybe didn't know about

Where to pick up free stuff, sell old items to make some cash, and reduce your environmental impact.

REthink Tokyo

https://www.thehotelconversation.com.au/news/2019/09/02/hotel-investments-hit-us45-billion-first-six-months-2019-says-jll/1567385605

Hotel investments hit US$4.5 billion in the first six months of 2019, says JLL

Asia Pacific hotel investments hit US$4.5 billion in the first six months of 2019, with more than half of the capital originating from domestic buyers in Japan, China and Australia, global real estate consultancy JLL have reported.

The Hotel Conversation

https://www.commo.com.au/news/2019/08/28/family-owned-childcare-business-secures-fourth-premises/1566951394

Family-owned childcare business secures fourth premises

A childcare operator has swooped in to secure two adjoining bayside allotments ripe for redevelopment in a transaction worth $2.2 million

COMMO

https://www.commo.com.au/news/2019/08/28/lingering-issues-secondary-office-markets-perth-brisbane-adelaide-and-canberra

Lingering issues for secondary office markets in Perth, Brisbane, Adelaide and Canberra: report

Improvements in prime office vacancy rates have masked an underlying issue in many of Australia’s major CBD markets, says CBRE

COMMO

https://www.thehotelconversation.com.au/properties/2019/08/29/queens-ferry-hotel-sold-colliers-international-auckland/1567062385

The Queen's Ferry Hotel sold by Colliers International - Auckland

Auckland’s iconic Queen’s Ferry Hotel, a freehold character property in the heart of the CBD, has been sold by Kris Ongley and Peter Herdson from Colliers International for NZ$4,400,000.

The Hotel Conversation

https://www.retalkmena.com/news/2019/08/29/dubai-prime-rental-growth-impacted-world-markets-savills/1567050290

Dubai prime rental growth impacted by world markets - Savills

The Savills World Cities Prime Residential Rental Index indicates Dubai has dropped down the world rankings for rental growth in the first half of 2019.

REtalk MENA

https://www.commo.com.au/news/2019/08/28/no-better-time-invest-parramatta-retail-says-ray-white/1566968328

No better time to invest in Parramatta retail, says Ray White

Parramatta CBD has been a hive of activity for the past five years, with short-term disruption meaning the medium-term transformation of the CBD will bring an increased vibrancy and activity to a new world-class city, according to Ray White’s latest Between the Lines report.

COMMO