The Real Estate Conversation

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John McGrath – Working with agents & what to ask before making an offer

According to John McGrath, Chief Executive Officer of McGrath Estate Agents, good agents understand they need to build relationships with buyers in order to bring the deal together.

New South Wales (NSW)Sydney

People

Marquee Mosman market specialist Claudia Portale joins The Agency

The Agency has added depth to its Sydney lower north shore team with the appointment of highly regarded Mosman real estate professional Claudia Portale.

National

The Economy

REIA HAR shows sustained decrease in affordability to buy and rent

Housing affordability has declined over the June quarter 2023, with the proportion of income required to meet the average loan repayment increasing to 45.9% the latest Real Estate Institute of Australia (REIA) Housing Affordability Report (HAR) has found.

National

Politics

Changes to penalties and union rights...a risk to the residential building industry? - HIA

“The Closing Loopholes Bill, introduced into Federal Parliament on Monday risks acting as a disincentive to run a business particularly a small business in the residential building industry,” said Jocelyn Martin, HIA Managing Director.

Queensland (Qld)Brisbane

Featured Property

Classic Clayfield Queenslander for sale - Place

124 Alexandra Road Clayfield for sale by Patrick McKinnon and Jill Wright-Wotton of Place Ascot is loaded with lifestyle advantages.

Queensland (Qld)Gold Coast

Featured Property

Palatial Paradise Waters riverfront for sale - Ray White

97 Commodore Drive Paradise Waters for sale by Robbie Graham of Ray White Surfers Paradise redefines the concept of relaxed waterfront living.

National

The Economy

The value of Australia’s housing market just hit $10 trillion again. How is this possible?

According to Eliza Owen, Head of Research, CoreLogic Australia, the combined value of Australian housing rebounded to $10 trillion at the end of August, the first time the total estimated value hit double digits since June 2022.

Queensland (Qld)

The Economy

Queensland property continues to shine on - REIQ

Queensland property keeps proving itself to be a shining performer, according to quarterly median sales results released by the Real Estate Institute of Queensland (REIQ).

Queensland (Qld)Brisbane

Featured Property

Iconic Donovan Hill renovated 1920s New Farm Queenslander for sale - Place

MM House 180 Heal Street New Farm for sale by Heath Williams of Place New Farm delivers a harmonious blend of heritage and modernity.

New South Wales (NSW)

Featured Property

Beloved 5-acre Southern Highlands for sale - Belle

Braeside 150C Cedar Springs Road Kangaroo Valley for sale by Nick Dale of Belle Property is a slice of paradise for private enjoyment with potential income generation.

Pages

News Roundup

https://www.thehotelconversation.com.au/properties/2019/09/18/shell-cove%E2%80%99s-waterfront-tavern-site-sold-following-tender/1568750400

Shell Cove’s Waterfront Tavern site sold following tender

HTL Property has sold the Shell Cove Waterfront Tavern development site to Balmoral Hospitality Group on behalf of clients Shellharbour City Council and Frasers Property Australia.

The Hotel Conversation

https://www.commo.com.au/news/2019/09/17/south-melbourne-office-investment-sold-102-million/1568676812

South Melbourne office investment sold for $10.2 million

A four-level corner office building at 49-51 Stead Street, South Melbourne has been sold through Gross Waddell, in conjunction with Colliers International.

COMMO

https://www.theaseandeveloper.com/news/2019/09/17/homes-almost-sold-out-construction-starts-new-165-million-everard-park-development

Homes almost sold out as construction starts on new $16.5 million Everard Park Development

Success of Third Avenue reflects rising demand in Adelaide housing market.

The ASEAN Developer

https://www.thehotelconversation.com.au/properties/2019/09/16/peppers-airlie-beach-resort-sale-cbre-hotels/1568615064

Peppers Airlie Beach resort for sale - CBRE Hotels

The Peppers Airlie Beach resort in north Queensland is to be offered for sale via an Expression of Interest campaign - brokered by CBRE Hotels’ agents Wayne Bunz, Paul Fraser and Hayley Manvell.

The Hotel Conversation

https://www.commo.com.au/2019/09/16/increase-chapel-street-property-sales-value/1568608932

Increase in Chapel Street property sales value

The latest research from Chapel Street Cityscope shows that commercial property sales value have increased in the past three months.

COMMO

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

Guide to Shinagawa Ward – Tokyo's urban waterfront

Shinagawa Ward is where Tokyo’s industrial harbour is located, along with new high-end condo projects. Its proximity to both Haneda Airport and many of Tokyo’s business centres makes it an increasingly popular choice with expats.

Rethink Tokyo

https://www.thehotelconversation.com.au/news/2019/09/10/htl-property-expands-agency-capacity/1568067728

HTL Property Expands Agency Capacity

HTL Property have appointed Nic Simarro as their new Director of Hotel Investment Sales.

The Hotel Conversation

https://www.retalkasia.com/news/2019/09/13/three-reasons-why-hong-kong-will-thrive-georg-chmiel/1568334728

Three reasons why Hong Kong will thrive - Georg Chmiel

Georg Chmiel, Executive Chairman of Juwai and Chairman of iCar Asia (ASX: ICQ) tells WILLIAMS MEDIA why he is optimistic around Hong Kongs future as a business and finance hub.

RETALK Asia