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CoreLogic expects weekly auction numbers to rise 39.2% this week

Following an easing in auction activity last week (2,023), CoreLogic is expecting weekly auction numbers to rise 39.2% this week.

Western Australia (WA)Perth

The Economy

Market welcomes rent relief measures: REIWA CEO Cath Hart

REIWA CEO Cath Hart today welcomed the Cook Government’s new WA Rent Relief Program, which is aimed at protecting tenants at risk of eviction.

New South Wales (NSW)

Featured Property

6-acre Bellingen riverfront for sale - Real Estate of Distinction

194 North Bank Road Bellingen for sale by Peter Stone and Boldizsar (Buzz) Barkoczy of Real Estate of Distinction includes a separate cottage which has been run as a holiday accommodation business.

Victoria (Vic.)Melbourne

Featured Property

10-acre Beaconsfield Yaruga for sale - Peake

244 Payne Road Beaconsfield for sale by Kristen Turner and Andrew Brown of Peake Real Estate seamlessly combines tranquility and entertainment with magnificent views.

National

People

Inaugural property management roundtable focuses on people, partnerships and investment - REIA

The REIA National Property Managers Roundtable (the Roundtable) was held successfully in Sydney with leaders dialing in from around the country.

Queensland (Qld)Brisbane

Featured Property

Cefn Bryn Brookfield estate for sale - SpinksCo

257 Moons Lane Brookfield for sale by Rachael Spinks of SpinksCo Residential offers a peaceful retreat from the hectic pace of city living.

National

The Economy

Rate hike set to take heat out of housing market - CoreLogic

The decision to lift the cash rate by 25 basis points after four months of pauses is likely to disrupt confidence and take some further heat out of the housing market rebound.

National

The Economy

Interest rate commentary by Geoff Lucas

The Agency's Managing Director and CEO Geoff Lucas said as suggested over the past few months, today’s 25 basis point increase is an appropriate and timely response by the RBA.

National

The Economy

Interest rate rise will mean more headaches

Interest rates increased today by 0.25 per cent. It won’t help fuel prices or electricity costs, it will prolong the rental crisis, worsen housing supply and further push up house prices.

National

People

Coronis Celebrates Excellence - Hosting their Quarterly Awards Celebration at Dreamworld

Coronis recently held its much-anticipated Quarterly Awards event at Dreamworld, an iconic Australian theme park.

Pages

News Roundup

https://www.commo.com.au/news/2019/11/27/melbourne-remains-tightest-cbd-office-market-country-jll/1574833243

Melbourne remains tightest CBD office market in the country- JLL

A new report from JLL has revealed a further decline in Melbourne office vacancy, which is expected to remain low despite a future rise in supply.

Commo.

https://www.thehotelconversation.com.au/news/2019/11/26/new-build-80-million-novotel-christchurch-airport-welcomes-first-guests/1574742977

New-build $80 million Novotel Christchurch Airport welcomes first guests

Accor has welcomed the first guests to the $80 million new-build Novotel Christchurch Airport hotel.

The Hotel Conversation

https://www.thebusinessconversation.com.au/2019/11/26/fintech-ceo-wins-start-executive-year/1574722033

Fintech CEO Wins Start-Up Executive of the Year

“In a rapidly scaling start-up environment, the decisions we make as a leadership team can significantly pivot the business - and the challenges we face are amplified.”

The Business Conversation

https://www.commo.com.au/news/2019/11/26/parramatta-commercial-building-sold-626-million-charter-hall-direct-pfa-fund

Parramatta commercial building sold for $62.6 million by Charter Hall Direct PFA Fund

Charter Hall Direct PFA Fund has announced the sale of 9 Wentworth Street, Parramatta, NSW for $62.6 million to a private investor.

Commo.

https://www.thehotelconversation.com.au/news/2019/11/25/six-hotels-offering-unique-travel-experience/1574657665

Six hotels offering a unique travel experience

From the architecturally grand to the completely obscure, here are six unique hotels changing the game.

The Hotel Conversation

https://www.retalkasia.com/news/2019/11/22/offshore-gaming-driving-90-cent-residential-transactions-key-manila-districts-iqi

Offshore gaming driving 90 per cent of residential transactions in key Manila districts: IQI Caliver

Managing Director and VP for Growth of IQI Caliver in Manila, Emanuel Andrew Venturina, explains why developers of all sizes are betting that demand related to offshore gaming will continue to grow in the Philippines capital.

Retalk Asia

https://www.commo.com.au/news/2019/11/25/melbourne-heritage-investment-sold-51-million/1574659862

Melbourne heritage investment sold for $5.1 million

A heritage investment neighbouring St Vincent’s hospital has successfully transacted for $5.1 million to a local developer in a deal facilitated through CBRE’s Josh Twelftree, David Minty, Jimmy Tat, Sandro Peluso and Dylan Kylner.

Commo.

https://www.theaseandeveloper.com/news/2019/11/22/sydney-oxford-central-development-reaches-completion/1574375844

Sydney Oxford Central development reaches completion

Australian developer Greaton has completed its first Sydney project, with the Oxford Central mixed-use development in Epping now open for business.

The ASEAN Developer