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Housing shortage leading to record rental growth - REIA

The Real Estate Institute of Australia (REIA) Real Estate Market Facts report shows a mixed outlook for real estate as consumers deal with a more buyer friendly market, rising cost of living and aggressive interest rate hikes.

Queensland (Qld)Sunshine Coast

Featured Property

Chris Clout’s Eagles Nest Castaways Beach for sale - Century 21

Eagles Nest 46 Driftwood Drive Castaways Beach for sale by Rachel Sellman of Century 21 Noosa is the exclusive residence of designer Chris Clout, with no expense spared in its creation.

Queensland (Qld)Brisbane

Featured Property

Flinders Apartments sub-penthouse New Farm riverfront for sale - Place

1611 / 22 Refinery Parade New Farm for sale by Sarah Hackett of Place New Farm offers sophisticated cosmopolitan living.

National

The Economy

APRA release shows an ongoing reduction in riskier types of lending for the December quarter - CoreLogic

New data from APRA this week shows a more conservative approach to housing lending in the December quarter of 2022.

New South Wales (NSW)

Featured Property

Southern Highlands 105-acre Sutton Forest nature estate sold by Cullen Royle

371 Golden Vale Road Sutton Forest sold by Richard Royle and Deborah Cullen of Cullen Royle is a dream location with over 20 years investment in the grounds and gardens.

Queensland (Qld)Gold Coast

People

LJ Hooker expands its Southern Gold Coast network opening LJ Hooker Currumbin Waters

LJ Hooker Southern Gold Coast | Coolangatta | Tweed has continued its coastal expansion with the opening of a new Currumbin Waters office. LJ Hooker General Manager, Network, Stephen Mutton said: “Dan and his team are in growth mode and this expansion is a representation of the take-up of his value proposition to agents, property managers and support staff,” said Mr Mutton.

Queensland (Qld)Gold Coast

Featured Property

Sustainable dual living Currumbin Ecovillage for sale - Sotheby’s

7 Doolee Court Currumbin Valley for sale by Scott Keatley and Morgan Keatley of Queensland Sotheby’s International Realty offers an idyllic lifestyle offsetting living costs.

Victoria (Vic.)

Featured Property

Modernist Sorrento beachfront for sale first time in over 50 years - Kay & Burton

Paringa 8 Leggett Way Sorrento for sale by Gerald Delany and Liz Jensen of Kay & Burton delivers a substantial beachfront home on tightly held land.

New South Wales (NSW)Sydney

The Economy

Vacancies continue downward spiral across New South Wales - REINSW

Residential vacancies in Sydney have fallen to a low not seen since November 2011, according to the REINSW Vacancy Rate Survey results for February 2023.

National

The Economy

Three years on from the pandemic: is the housing market going ‘back to normal’? - CoreLogic

CoreLogic has released a new report unpacking how the housing market has evolved since March 2020.

Pages

News Roundup

https://www.theaseandeveloper.com/news/2019/02/11/mountain-highway-development-site-sold/1549854833

Mountain Highway development site sold

A Bayswater development site along the Mountain Highway has been sold by Savills.

The ASEAN Developer

https://www.commo.com.au/news/2019/02/12/zagame-family-acquires-abbotsford-office-building-site-australian-education-union

Zagame family acquires Abbotsford office building site from Australian Education Union

Fitzroys has negotiated the sale of an office building site in Abbotsford on behalf of the Australian Education Union's Victorian branch.

COMMO

https://www.thehotelconversation.com.au/news/2019/02/11/nzicc-local-art-installation-begins/1549855190

NZICC local art installation begins

Construction of the New Zealand International Convention Centre (NZICC) has reached another milestone, with the installation of the first of the glass art work covering the exterior top of the building.

The Hotel Conversation

https://www.thehotelconversation.com.au/news/2019/02/11/brisbane-airport-and-brisbane-marketing-partnership-boost-tourism/1549840591

Brisbane Airport and Brisbane Marketing partnership to boost tourism

Brisbane Airport Corporation and Brisbane Marketing have entered into a three year multi-million dollar partnership to boost recognition of Brand Brisbane to international audiences, further enhancing Brisbane’s position as an international gateway to Australia.

The Hotel Conversation

https://www.thebusinessconversation.com.au/news/2019/02/11/global-quickbooks-study-highlights-small-business-cash-flow-woes/1549837300

Global QuickBooks study highlights small business cash flow woes

Half of Australian small businesses surveyed have lost $10,000 or more by foregoing a project or sales due to cash flow issues.

The Business Conversation

https://www.retalkasia.com/news/2019/02/08/asia-property-market-outlook-challenging-2019-opportunities-remain-occupiers-and

Asia property market outlook challenging in 2019, but opportunities remain for occupiers and investors

Colliers International released its latest predictions for the Asia property market in 2019

RE Talk Asia

https://commo.com.au/news/2019/02/08/opportunity-beckons-bendigo-gateway-sale/1549599397

Opportunity beckons in Bendigo with Gateway sale

The listing of a seven-hectare site within Bendigo by Killen Thomas has come a month before Qantas start flying directly to the region from Sydney.

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.

The Hotel Conversation