The Real Estate Conversation

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John McGrath – Today’s market ideal for new investors

According to John McGrath, Chief Executive Officer of McGrath Estate Agents, today’s market is a great buying opportunity for investors.

Victoria (Vic.)Melbourne

People

Tim and Aimee Gurner list personal luxury residence at Saint Moritz for sale circa $15 Million

Luxury developer Tim Gurner and his wife Aimee have put their 500sqm luxury, two-storey, four- bedroom 'wellness' residence at the developer’s own Saint Moritz project on the market.

National

The Economy

Grim outlook for housing supply and affordability: ABS

Real Estate Institute of Australia (REIA) President, Hayden Groves said the latest ABS lending and building approval statistics released this week show that it’s time the RBA hit the pause button on further interest rate hikes.

New South Wales (NSW)Sydney Western Australia (WA)

Featured Property

Architectural Double Bay duplex for sale with Baldwin Botanical Design garden - Highland

32B Carlotta Road Double Bay for sale by David Malouf and Michelle Brooks of Highland Property showcases state-of-the-art interiors with the finest of finishes.

New South Wales (NSW)Sydney

People

McGrath targets Strathfield with a new office for metro Sydney

McGrath Strathfield, the newest office to join McGrath Estate Agents in metro Sydney, opened its doors in grand style on Friday night.

New South Wales (NSW)Sydney

People

These top Sydney agents are stepping UP

The Northern Beaches of Sydney beware… Chris Aldren and Tulo Sila have joined forces to launch The North Agency, in partnership with UrbanX, and are set to seriously step up the real estate game.

Victoria (Vic.)Melbourne

Featured Property

Brand new Hawthorn East apartments for sale with skyline views - RT Edgar

Apartments at 10 Lilydale Grove Hawthorn East for sale by Mark Wridgway and Yvette Laws of RT Edgar have been designed to have a low environmental footprint with an 8-star rating.

Queensland (Qld)Brisbane

Featured Property

Fortitude Valley icon Brookes Street House sold for $3.2m - Place

118 Brookes Street Fortitude Valley sold by Heath Williams of Place New Farm who bought the residence in 2021 as a passion project.

Victoria (Vic.)

Featured Property

Tillabudgery 43-acre Mornington Peninsula estate sold - Kay & Burton

23 Stanleys Road Balnarring sold by Tom Barr Smith, Will Maxted and Meg Pell of Kay & Burton lends perfectly to equestrian ventures.

National

Construction

Looming building slump becomes clearer - HIA

The Australian Bureau of Statistics released its monthly building approvals data for January for detached houses and multi-units covering all states and territories.

Pages

News Roundup

https://commo.com.au/news/2019/02/07/new-centres-sale-childcare-sector-continues-resurgence/1549511397

New centres for sale as childcare sector continues resurgence

The availability of four new childcare centres spread across Victoria and Queensland highlight the current growth opportunities within the sector, according to Burgess Rawson.

COMMO

https://www.thebusinessconversation.com.au/news/2019/02/08/innovation-world-championship-honours-aussie-start-soldierly/1549578825

Innovation World Championship honours Aussie start-up Soldier.ly

Soldier.ly’s app, called USTRESS, uses biofeedback data to give veterans and their support networks a tool for monitoring and managing levels of stress.

The Business Conversation

https://www.suayphuket.com/news/2019/02/07/mass-rapid-transit-authority-moves-forward-phuket-project/1549516133

Mass Rapid Transit Authority moves forward with Phuket project

The Mass Rapid Transit Authority of Thailand has held talks with the private sector about investment opportunities for the proposed Phuket rail project.

Suay Phuket

https://www.commo.com.au/news/2019/02/06/western-australias-commercial-property-market-rise-45-million-coles-retail

Western Australia's commercial property market 'on the rise' with $45 million Coles retail divestment

First time purchasers have bought three Coles retail assets through CBRE for a combined price of more than $45 million in Western Australia.

COMMO

https://www.thehotelconversation.com.au/news/2019/02/07/mount-lofty-house-completes-6m-refurbishment-new-15m-sequoia-development-opening

Mount Lofty House completes $6m refurbishment, with new $15m 'Sequoia' development opening September 2019

Built in 1852 by Arthur Hardy as a summer house, Adelaide's iconic five-star hotel has recently completed a 12-month $6 million refurbishment of its 32 guest rooms and brand new reception area, restaurant, bar and conference facilities. This is ahead of the upcoming launch of the new luxury lodge, Sequoia at Mount Lofty House, on the estate which will include 14 brand new luxury suites later this year.

The Hotel Conversation

https://www.thehotelconversation.com.au/news/2019/02/07/marriotts-moxy-hotel-brand-debut-australia/1549497769

Marriott's Moxy hotel brand to debut in Australia

Moxy Hotels is set to debut in Australia with the signing of Moxy Melbourne South Yarra, a 180-room, new build standalone hotel slated to open in July 2021.

The Hotel Conversation

https://www.theaseandeveloper.com/news/2019/02/06/high-hopes-canberras-highgate/1549425543

High Hopes for Canberra's Highgate

The revitalisation of an iconic Canberra location is at the centre of new retail space on offer through Colliers.

The ASEAN Developer

https://www.thehotelconversation.com.au/properties/2019/02/05/newcastle-pubs-belmont-hotel-and-salamander-tavern-sold-20m-htl-property

Newcastle pubs the Belmont Hotel and Salamander Tavern sold for $20m by HTL Property

Following the competitive sale of Elemore Vale’s Shaft Tavern to Iris Capital’s Sam Arnaout in December, HTL Property now announces the off-market sales of both the Belmont Hotel and Salamander Tavern in separate transactions to begin the new year.

The Hotel Conversation