The Real Estate Conversation

Contact

Australia expected to see more branded residences in line with global growth: Knight Frank research

Australia is ripe for the development of more branded residences in the future as the latest research from Knight Frank shows the property type is growing in popularity around the world.

Queensland (Qld)Gold Coast

The Economy

Gold Coast auction event nets $21 million in sales - Ray White

The event attracted more than 150 bidders and a total of 1,153 viewers online and on-site, with 336 bids taken in total by Ray White Queensland chief auctioneer Gavin Croft.

New South Wales (NSW)Sydney

People

DiJones strengthens stronghold in Upper & Mid North Shore markets with Chadwick merger

Chadwick Real Estate has merged with DiJones in a move that will see the DiJones brand complement and extend its footprint across Sydney’s Upper and Mid North Shore.

National

The Economy

House prices are back on the move globally

Why do forecasters get the outlook so consistently wrong? Australian capital city house prices fell by 6.4 per cent last year, dramatically different from the 20 to 30 per cent that many forecast. Why do so many get the outlook for housing so wrong? Asks Nerida Conisbee Ray White Chief Economist.

New South Wales (NSW)Sydney

People

Ray White Upper North Shore welcomes top trainer Tom Van

The Ray White Upper North Shore Group currently holds the title of top business throughout Ray White after being named number one at the leading group’s 2021-22 annual international awards.

National

The Economy

John McGrath – The home ownership choices of the Boomers, Gen X & Millennials

According to John McGrath, Chief Executive Officer of McGrath Estate Agents, the desire to own our own homes is a cultural aspiration spanning all generations of Australians. But it has shifted a bit in the past few decades.

Victoria (Vic.)Melbourne

Featured Property

French inspired Balwyn North mansion for sale - McGrath

20 Ferdinand Avenue Balwyn North for sale by Adrian Stefanetti and James Moss of McGrath Blackburn delivers quintessential French grandeur.

New South Wales (NSW)Sydney

Featured Property

Palm Springs inspired Randwick sold for over $10m - BresicWhitney

107 Darley Road Randwick home sold by Maclay Longhurst and Zakir Abdallaoui of BresicWhitney is 'one of the most significant transactions to occur in Randwick in recent years'.

National

The Economy

Increasing the supply of housing requires federal government action - HIA

HIA’s Affordability Index report calculated for each of the eight capital cities and regional areas on a quarterly basis and considers the latest dwelling prices, mortgage interest rates, and wage developments.

New South Wales (NSW)Sydney

People

Get to know Nicholas Christou of BresicWhitney

Over 13 years in the industry, Nicholas has built a reputation based on outstanding results and trusted relationships.

Pages

News Roundup

https://www.rethinktokyo.com/china%E2%80%99s-housing-glut-japan%E2%80%99s-real-estate-market

Does China’s housing glut foreshadow the future of Japan’s real estate market?

China is stuck with 65 million empty apartments due to oversupply and overpricing. Will Tokyo's soaring real estate market face the same fate?

REthink Tokyo

https://www.thehotelconversation.com.au/news/2019/06/10/how-boutique-hoteliers-can-boost-their-cash-flow/1560165871

How boutique hoteliers can boost their cash flow

BMT Tax Depreciation have advised that boutique hotel investors may be eligible for thousands of dollars in property depreciation deductions, a non-cash deduction, meaning hoteliers don’t need to spend any money in order to claim it.

The Hotel Conversation

https://www.theaseandeveloper.com/news/2019/06/07/designs-unveiled-new-timber-office-building-melbourne-central/1559890273

Designs unveiled for new timber office building at Melbourne Central

Plans for a large-scale timber office building in Melbourne's CBD have been released to the public.

The Asean Developer

https://www.mingalarrealestateconversation.com/news/2019/06/11/interim-census-planned-november-year-review-growing-social-and-economic-affairs

Interim census planned for November this year - to review growing social and economic affairs

Rapidly growing social and economic affairs in Myanmar have triggered a plan for an interim census to be held this year announced by the Ministry of Labor, Immigration and Population.

Mingalar Real Estate Conversation

https://www.thehotelconversation.com.au/news/2019/06/06/naumi-hotels-revealed-buyer-dairy-private-hotel-queenstown/1559789741

Naumi Hotels revealed as buyer of The Dairy Private Hotel in Queenstown

Naumi Hotels – Singapore-based private hotel owner and operator announced today that it is expanding its presence in Australasia with the acquisition of business of The Dairy Private Hotel in Queenstown, New Zealand.

The Hotel Conversation

https://www.theindustrialist.com.au/news/2019/06/06/institutional-investors-dominate-brisbane%E2%80%99s-industrial-market-q1-2019/1559798816

Institutional investors dominate Brisbane’s industrial market for Q1 2019

There has been $230 million worth of logistics and warehouse sales in Brisbane so far this year, according to new data from Colliers International.

The Industrialist

https://www.commo.com.au/news/2019/06/03/park-ridge-retail-centre-sold-417-million/1559543434

Park Ridge retail centre sold for $4.17 million

A convenience retail centre at 3722 Mt Lindesay Highway, Park Ridge has been sold to a local investor for $4.17 million.

COMMO

https://www.commo.com.au/news/2019/06/05/sydney-and-melbourne-leading-two-speed-office-economy-says-lj-hooker/1559718137

Sydney and Melbourne leading two-speed office economy, says LJ Hooker

Sydney and Melbourne’s CBD office markets continue to underline the nation’s two-speed economy, but floorspace is being absorbed in resource-rich states, according to LJ Hooker Commercial’s recently released Office Market Monitor.

COMMO