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Rental market eases slightly as vacancy rates lift from record-lows - CoreLogic

CoreLogic Economist Kaytlin Ezzy noted although rates are rising, they remain 1.5 percentage points below the pre-COVID five-year average.

South Australia (SA)Adelaide

The Economy

Ray White SA agents are competition creators

Ray White South Australia auction agents have consistently recorded an auction clearance rate well above the industry average, says John Morris Ray White South Australia Chief auctioneer.

New South Wales (NSW)

Featured Property

Wategos Byron Bay Wing House for sale - Byron Bay Real Estate Agency

59 Brownell Drive Byron Bay for sale by Liam Annesley of Byron Bay Real Estate Agency was awarded Best Property at The International Property Awards.

Queensland (Qld)Brisbane Gold Coast Sunshine Coast

Politics

REIQ calls for a more balanced and practical approach to AML

The Real Estate Institute of Queensland (REIQ) is urging the Government to adopt a more appropriate approach to the expansion of the Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) regime, says REIQ CEO Antonia Mercorella.

National

The Economy

Lowest preliminary clearance rate since December 2022 - CoreLogic

By Caitlin Fono, Research Analyst, CoreLogic Australia.

National

The Economy

John McGrath – The Calm Home: Serene, Smart & Safe

As we head into November, sellers may be interested to hear of new PropTrack data indicating this may be the best month to sell says John McGrath, Chief Executive Officer of McGrath Estate Agents.

Victoria (Vic.)Melbourne

Featured Property

c1886 Landmark Hawthorn East Victorian Strathnaver for sale - Marshall White

14-16 Grandview Grove Hawthorn East for sale by James Tostevin, John Bongiorno, and Scarlett Hang of Marshall White Boroondara features a stunning modern transformation.

National New South Wales (NSW)Sydney Queensland (Qld)Sunshine Coast

People

Powerhouse Performers Continue to Set Records at Richardson & Wrench

For the first time since 2016 four women were celebrated in the top 10 finalists of the Most Outstanding Salesperson by Income at the Richardson & Wrench 2024 annual awards.

Queensland (Qld)

People

Paradise Property Group: Making Waves in Cairns Real Estate - Plum Partners

With a passion for delivering record-breaking results, Sean Thorpe built Paradise Property Group from the ground up, offering a fresh, tailored approach that big franchises just can’t match.

South Australia (SA)Adelaide

The Economy

South Australian market update 2024 September Quarter - REISA

REISA CEO, Andrea Heading said that while the high interest rates and the traditionally slower third quarter had impacted upon the volume of sales, optimism and consumer confidence in the real estate market remained robust.

Pages

News Roundup

https://www.thebusinessconversation.com.au/news/2020/10/15/regional-innovators-turn-big-ideas-business-outcomes/1602723686

Regional innovators turn big ideas into business outcomes

Impact Innovation’s online course supports rural and remote entrepreneurs during the pandemic.

The Business Conversation

https://www.theindustrialist.com.au/news/2020/10/12/industrial-unit-sale-north-east-nsw-real-specialists-commercial/1602476751

Industrial unit for sale in north-east NSW - REAL Specialists Commercial

A new and tenanted unit at 5/173 Lundberg Drive, South Murwillumbah is for sale through Assi Dadon of REAL Specialists Commercial.

The Industrialist

https://www.commo.com.au/news/2020/10/14/economic-crisis-casts-shadow-over-australia%E2%80%99s-cbd-office-markets-jll/1602635054

Economic crisis casts a shadow over Australia’s CBD office markets - JLL

JLL national office statistics for the third quarter show negative net absorption of -193,700 square metres and a vacancy rate increase of 2 percentage points from 10.2 per cent to 12.2 per cent.

Commo.

https://www.retalkasia.com/news/2020/10/14/singapore-and-australia-provide-top-asia-pacific-cross-border-capital-flow-2021

Singapore and Australia to provide top Asia Pacific cross border capital flow in 2021 - Knight Frank

Knight Frank’s Active Capital 2020 finds that cross-border investment into safe haven locations and ‘near-neighbours’ are set to dominate global capital flows in 2021, as COVID-19 shifts trends in real estate investment and global mobility.

Retalk Asia

https://www.suayphuket.com/news/2020/10/08/increased-demand-phuket-land-thai-investors/1602126928

Increased demand for Phuket land from Thai investors

CBRE has reported a noticeable increase in demand from domestic investors and individual buyers.

Suay Phuket

https://www.thehotelconversation.com.au/news/2020/10/13/coppersmith-hotel-sale-south-melbourne-lsv-hotels/1602554585

Coppersmith Hotel for sale in South Melbourne - LSV Hotels

The freehold going concern of a boutique hotel at the top end of Clarendon Street in South Melbourne is for sale through LSV Managing Director Michelle Matthews.

The Hotel Conversation

https://www.theindustrialist.com.au/news/2020/10/01/canning-vale-industrial-property-sold-124-million-transact-capital/1601539620

Canning Vale industrial property sold for $12.4 million - Transact Capital

A sizeable industrial property at 13 Modal Crescent, Canning Vale has been sold to Mair Property Funds for $12,405,000 in a deal negotiated by Alex Gismondi of Transact Capital.

The Industrialist

https://www.theaseandeveloper.com/2020/10/08/queens-bridge-place-melbournes-global-scale-mixed-use-development-site-sale-jll-and

"Queens Bridge Place" Melbourne's Global scale mixed use development site for sale JLL and Colliers

A permitted 6,202 sqm parcel of land on the doorstep of Melbourne’s CBD is anticipated to set the development sector aflutter this week, as Colliers International and JLL bring the Queens Bridge Place for sale to the market.

The ASEAN Developer