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Featured Property

Home with direct access to Cyrils surf break for sale overlooking Bass Strait - Marshall White

88 King Street Flinders for sale by Oliver Bruce and John Bongiorno of Marshall White enjoys direct access to remote surf breaks Cyrils and Big Left.

New South Wales (NSW)Sydney

Featured Property

Fleming Design Cowper Wharf Woolloomooloo penthouse-style apartment for sale - Highland

327/6E Cowper Wharf Roadway Woolloomooloo for sale by David Malouf and Michelle Brooks of Highland Property amalgamates 3 apartments into one luxury living space.

National

The Economy

REIA says it’s time for RBA to wait

ABS data shows that the Consumer Price Index (CPI) rose 7.4% over the twelve months ending January 2023.

National

The Economy

Property market’s perfect storm - Ray White

Ray White Chief Economist Nerida Conisbee said a combination of increasing population and housing shortages were likely the main drivers for prices starting to rise.

National

The Economy

Another slow month for listings - Ray White

According to William Clark, Ray White Data Analyst, listings for the three months up to February were down 14.1 per cent on the same period last year.

Western Australia (WA)Perth

The Economy

More properties needed as rents soar to new record - REIWA

As Perth's median rent rose to a record $535 per week in February, REIWA CEO Cath Hart said WA needed 18,000 - 20,000 new rental properties to return to a balanced market.

National

The Economy

CoreLogic Home Value Index shows value declines flatten as low advertised stock levels keep a floor under prices

CoreLogic’s Home Value Index (HVI) recorded a sharp reduction in the rate of decline through February. The national index declined -0.14% over the month, the smallest monthly fall since May 2022 (-0.13%), when rate hikes commenced.

New South Wales (NSW)

Featured Property

Magical hinterland estate with income potential The Coppice for sale - Belle

62 Shaws Lane Tuckombil for sale by Braden Walters and Adam Jones of Belle Property boasts elegant accommodations, rural infrastructure, and event spaces.

Victoria (Vic.)

Featured Property

Bendemeer 107-acre Surf Coast estate with sweeping views - RT Edgar

615 Pollocksford Road Gnarwarre for sale by Spencer Luppino and Candace Smith of RT Edgar Bellarine is an idyllic oasis just 20km from the heart of Geelong.

National

Design

Thinking about a holiday home? Forget all the hassles with Ko

Owning a luxury holiday home can be a long-term dream for many Australians. With the introduction of the Ko co-ownership platform to the Asia-Pacific region, that dream no longer has to take years.

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News Roundup

https://www.commo.com.au/news/2019/02/05/iconic-gold-coast-office-development-site-sold-34-million/1549335621

'Iconic' Gold Coast office development site sold for 3.4 million

Colliers has announced the sale of 120 Saganto Drive, Helensvale to Alder Developments.

COMMO

https://www.mingalarrealestateconversation.com/news/2019/02/05/new-tourism-strategies-needed-myanmar-government-colliers/1549313496

New tourism strategies needed from Myanmar Government - Colliers

An increase in Chinese visitors for 2018 needs to be replicated with western tourists, according to Colliers.

Mingalar Real Estate Conversation

https://www.retalkasia.com/news/2019/02/05/tokyo-office-vacancy-rate-falls-below-1-across-all-grades-rents-rise/1549334417

Tokyo office vacancy rate falls below 1% across all grades as rents rise

CBRE released its Q4 2018 Japan Office MarketView covering market trends in office buildings in 13 cities across Japan.

RETalk Asia

https://www.theaseandeveloper.com/news/2019/02/04/mt-coot-tha-zipline-moving-forward/1549248021

Mt Coot-tha zipline moving forward

Some new views could be added to Mt Coot-tha by the end of the year after Brisbane City Council approved a zipline project for the site.

The Asean Developer

https://www.commo.com.au/news/2019/02/04/barracks-bought-16232m/1549242494

Barracks bought for $162.32m

The sale of 61 Petrie Terrace has been settled in an off-market transaction from Challenger Financial Services to Fortius Funds Management.

COMMO

https://www.thebusinessconversation.com.au/news/2019/02/05/sensis-business-index-reveals-nine-year-high-aussie-small-business-confidence

Sensis Business Index reveals nine-year high for Aussie small business confidence

The most confident sector over the three months to December 2018 was Hospitality, which reached a record high index level of +71 following a massive increase of 36 points.

The Business Conversation

https://www.thehotelconversation.com.au/news/2019/02/05/international-hotel-brand-development-opportunity-gold-coast/1549337353

International hotel brand development opportunity Gold Coast

Canford Property Group announces that they, together with tier one builder Multiplex, have been engaged to advise on a feasibility for a site for sale in Surfers Paradise which "is proposed to be the destination for a new 200 room 4/5 star international hotel."

The Hotel Conversation

https://www.thehotelconversation.com.au/news/2019/02/04/sunshine-coast%E2%80%99s-iconic-big-pineapple-master-plan-moves-ahead/1549232274

Sunshine Coast’s iconic Big Pineapple Master Plan moves ahead

Work is picking up pace on the $150 million master plan to revive the Sunshine Coast’s iconic Big Pineapple.

The Hotel Conversation