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Kay & Burton unveils brand evolution

Leading premium real estate agency Kay & Burton has unveiled its brand evolution project which will re-establish its preeminent position as advisor of choice for the most coveted property in Australia.

National

The Economy

Rental affordability sees slight improvement but no joy for mortgage holders - REIA

The Real Estate Institute of Australia’s (REIA) Housing Affordability Report (HAR) story for the December quarter 2022 is all about interest rates at 3.1% and increased home loan repayments, with no joy in sight for mortgage holders.

National

The Economy

Investments still driving gender gap in home ownership - CoreLogic

CoreLogic’s 2023 Women & Property report released ahead of International Women’s Day, found men were associated with ownership of 3.1% more of the housing stock analysed than women.

Victoria (Vic.)

People

Belle Property welcome Waller Realty team’s three Central Victorian offices in Bendigo, Castlemaine and Maldon

Belle Property announce the opening of 3 Central Victorian offices in Bendigo, Castlemaine and Maldon, led by the respected Waller family of Rob and Narelle Waller, together with lead agent Tim Noonan as Principal and Co-Director of Bendigo office. Belle Property CEO Peter Hanscomb welcomed the Waller Realty team to the group.

Victoria (Vic.)Melbourne

Featured Property

Prahran garden residence in boutique Wood Marsh development - Kay & Burton

G03/6 Sydney Street Prahran for sale by Matt Davis and Andrew Sahhar of Kay & Burton offers a private haven of contemporary home comforts in one of Melbourne's most desirable suburban neighbourhoods.

Queensland (Qld)Gold Coast

The Economy

Colliers report finds the Gold Coast riding out the great property correction of 2023

The great property market correction of 2023 has been kept at bay on the Gold Coast with research from Colliers revealing national house prices have fallen more than five times as much as Australia’s lifestyle capital.

Queensland (Qld)

Featured Property

Mount Tamborine home for sale with sweeping Gold Coast views - Ray White

18 Coomera Gorge Drive Tamborine Mountain for sale by Nori Hasenbein of Ray White Rural Tamborine Mountain for $975,000 is located a few minutes walk from Tamborine Mountain Golf Course.

National

The Economy

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.

Pages

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