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Featured Property

Reitsma+Associates Eumundi acreage for sale - David Berns Real Estate

60 Ball Road Eumundi for sale by Heidi Woodman and David Berns of David Berns Real Estate offers a peaceful setting on the eastern side of Mt Cooroy and the Eumundi Range.

National

The Economy

Australia ranks third in the world for the money required to be in the top 1% wealthiest people, according to Knight Frank research

The research found the amount of money you need to be in the top 1% wealthiest people doubled in Australia over the past 2 years, rising from US$2.8m in 2021 to US$5.5m in 2023.

New South Wales (NSW)Sydney

Featured Property

Historic Darling Point Babworth House for sale - Richardson & Wrench

4/1 Mount Adelaide Street Darling Point for sale by Michael Dunn and Marion Badenoch of Richardson & Wrench Double Bay unites modern comfort with traditional grandeur in the award winning Babworth House.

National

The Economy

REIA and REA group launch crucial housing investment report on Australian private rentals

REIA President, Hayden Groves said the report, backed by PropTrack data, addresses the key issues facing renters and investors in a market that has reached crisis levels.

National

The Economy

Prestige pockets of regional Australia take brunt of market downturn - CoreLogic

Australia’s property downturn continues to take its toll on premium regional markets that benefited most from the mass exodus away from capital cities during the height of the pandemic, with softer values, longer days on market and bigger vendor discounts.

Victoria (Vic.)Melbourne

Featured Property

Split level Portsea beach house for sale - Marshall White

38 Wattle Grove Portsea for sale by Andrew Hayne and Ilze Moran of Marshall White offers the best of Mornington Peninsula living.

National

The Economy

Airbnb creating housing crisis for regional Australia - REIA

REIA CEO Anna Neelagama speaks at national press conference on housing crisis facing regional Australia.

New South Wales (NSW)Sydney

The Economy

Vacancy rates fluctuate across NSW as rental crisis continues to grip market

The REINSW Vacancy Rate Survey results for April 2023 show that residential vacancies in Sydney remain at their lowest level since April 2011.

Queensland (Qld)Brisbane

People

Ray White Rochedale welcomes agent Jason Song

Brisbane’s southside, Ray White Rochedale is thrilled to announce the addition of a high performing real estate agent to their top performing team.

National

The Economy

Combined capitals record a preliminary clearance rate above 70% for the second consecutive week (74.4%) - CoreLogic

Auction activity decreased -3.0% this week, with 1,673 auctions held across the combined capitals. The previous week saw 1,724 homes auctioned, while this time last year, 2,879 capital city auctions were held.

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News Roundup

https://www.thehotelconversation.com.au/properties/2019/05/01/sydney-cbd-veriu-central-hotel-sale-colliers-international/1556672978

Sydney CBD Veriu Central Hotel for sale - Colliers International

Colliers International’s Gus Moors, Karen Wales and Joseph Lin have been appointed to bring to market the Veriu Central Hotel at 75 Wentworth Avenue in Sydney on behalf of the Veriu Group.

The Hotel Conversation

https://www.rethinktokyo.com/chuo-area-guide

Chuo area guide: Ginza, Tsukiji and reclaimed land

Chuo means “middle” in Japanese, and this district is located smack centre in the capital on the Tokyo Bay waterfront. It impresses with high-end shopping, long-established business districts, and luxury housing options.

Rethink Tokyo

https://www.mingalarrealestateconversation.com/news/2019/04/29/sales-events-needed-draw-attention-myanmar-condos-says-colliers/1556494674

Sales events needed to draw attention to Myanmar condos, says Colliers

Developers must make sure they harness Myanmar's investment potential in the wake of condominium licenses being issued, according to Colliers International.

Mingalar Real Estate Conversation

https://www.thehotelconversation.com.au/news/2019/04/29/private-sector-key-queenslands-continued-tourism-economic-rise/1556541383

Private sector the key to Queensland's continued tourism economic rise

New data has revealed more than $1 billion in private sector tourism infrastructure projects, tipped to create more than 1,500 jobs will be completed by mid this year.

The Hotel Conversation

https://www.retalkasia.com/profiles/2019/04/29/colliers-international-appoints-bastiaan-van-beijsterveldt-lead-business

Colliers International appoints Bastiaan van Beijsterveldt to lead business development for its Occupier Services business in Singapore

Bastiaan brings with him 11 years of experience in commercial real estate, including in tenant representation, corporate solutions as well as capital markets and investment, across key gateway cities in Asia-Pacific.

RETALK ASIA

https://www.thehotelconversation.com.au/news/2019/04/26/work-begins-brisbanes-new-international-cruise-terminal/1556232737

Work begins on Brisbane's new International Cruise Terminal

Premier Annastacia Palaszczuk has turned the sod on Brisbane's $158 million new International Cruise Terminal, heralding the start of a new era for Queensland's economy.

The Hotel Conversation

https://www.thebusinessconversation.com.au/news/2019/04/18/spc-partners-coles-boost-home-grown-aussie-fruit/1555534368

SPC partners with Coles to boost home-grown Aussie fruit

Supporting local businesses and growers in the Goulburn Valley, the new partnership is expected to allow farmers to sell fruit from more than 36,000 trees.

The Business Conversation

https://www.retalkasia.com/news/2019/04/26/asia%E2%80%99s-billionaire-population-fastest-growing-globally/1556233861

Asia’s Billionaire Population Fastest Growing Globally

Asia’s billionaire population growth is set to outpace other regions between 2018 and 2023, according to data prepared exclusively for the 13th edition of The Wealth Report - Knight Frank

RETALK ASIA