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Ray White expands into North Lake Macquarie

After two decades in real estate with Australasia’s largest real estate group, Paul Wrigley has opened his third office under the Ray White brand in North Lake Macquarie.

South Australia (SA)Adelaide

The Economy

South Australian market update 2022 - REISA

The South Australian property market continues its upward trajectory by once again extending its record breaking median price streak.

Western Australia (WA)Perth

The Economy

Perth defies national trend as house prices continue to rise - REIWA

REIWA President Damian Collins said the Perth market was still tracking along well, with a significant number of suburbs recording price growth during the month.

National

The Economy

Are we in a rental crisis or not?

According to Nerida Conisbee, Ray White Group, Chief Economist, this rental crisis for those looking for homes looks set to continue.

National

Design

John McGrath – The rise of branded residences

According to John McGrath, Chief Executive Officer of McGrath Estate Agents, an interesting trend in the global prestige market today is the rise of branded residences.

National

The Economy

CoreLogic Home Value Index shows housing downturn accelerates as more markets follow Sydney and Melbourne into a downswing

Australian dwelling values fell by -1.3% in July, marking the third consecutive month CoreLogic’s national Home Value Index has fallen.

Victoria (Vic.)Melbourne

Featured Property

Blair House 1936 Toorak estate for sale - Marshall White

17 St Georges Road Toorak for sale by Marcus Chiminello and Sonja Sendin of Marshall White Stonnington for the second time in its history.

New South Wales (NSW)

Featured Property

1,140 sqm Absolute oceanfront The Point at Lennox for sale - Byron Bay & Hinterland Property

40 Blue Seas Parade Lennox Head for sale by Rez Tal of Byron Bay & Hinterland Property is one of the “top 5 houses in the area”.

New South Wales (NSW)Sydney

Featured Property

New Bellevue Hill home for sale - Ray White Double Bay

24 Bulkara Road Bellevue Hill for sale by Elliott Placks and Warren Ginsberg of Ray White Double Bay with co-agent Michael Pallier of Sydney Sotheby's Realty.

New South Wales (NSW)

Featured Property

Longwood Estate Possum Creek Byron hinterland for sale - First National

‘Longwood’ at 541 Friday Hut Road Possum Creek for sale by Su Reynolds and Helen Huntly-Barratt of First National Real Estate Byron Bay is one of the finest bespoke residences in the Byron Shire.

Pages

News Roundup

https://www.rethinktokyo.com/news/2018/08/27/apartment-owner-fined-illegal-minpaku-letting/1535329407

Apartment owner fined for illegal 'minpaku' letting

An apartment owner in Tokyo has been fined 970,000 Yen (approx. USD 8,700) after his building's owners association sued him for illegally letting out his apartment.

REThink Tokyo

https://www.thehotelconversation.com.au/news/2018/08/27/colliers-international-release-their-australia-new-zealand-capital-market-investment

Colliers International release their Australia New Zealand Capital Market Investment Review Hotels research report

Gus Moors and Karen Wales of Colliers International have found that Australian hotel transaction activity slowed in FYE2018 with volumes easing to $1.338 billion - however deal flow increased with 35 transactions (above $10 million) concluding throughout the year; This compares to 30 transactions in FYE2017.

The Hotel Conversation

https://www.thebusinessconversation.com.au/news/2018/08/24/business-sentiment-victoria-remains-optimistic-greater-research-collaboration-could

Business sentiment in Victoria remains optimistic, greater research collaboration could lift productivity

The Victorian Chamber of Commerce and Industry June 2018 quarter Survey of Business Trends and Prospects shows low levels of collaboration between business and research which could more than triple prospects of annual productivity growth.

The Business Conversation

https://www.thehotelconversation.com.au/news/2018/08/24/event-hospitalitys-atura-adelaide-airport-hotel-open-next-month/1535071355

Event Hospitality's Atura Adelaide Airport Hotel to open next month

The highly anticipated 165-room, seven storey Atura Adelaide Airport Hotel will open next month on the first of September, which will service the eight million passengers flying into one of the nation’s fastest growing international airports.

The Hotel Conversation

https://www.retalkasia.com/news/2018/08/24/property-poised-historic-highs-gdp-declines-says-colliers/1535065221

Property poised for historic highs as GDP declines, says Colliers

Joey Roi Bondoc, Research Manager at Colliers International Philippines discusses the office and residential markets for Q2 2018 as well as the challenges faced by the Philippine property market.

RETalk Asia

https://www.retalkmena.com/news/2018/08/23/riyadh-metro-drive-real-estate-demand-across-saudi-arabian-capital/1534978801

Riyadh Metro to drive real estate demand across Saudi Arabian capital

Recently introduced strategic reforms and key infrastructure projects will double the economic output of the real estate market in Saudi Arabia, says Knight Frank.

RETalk Mena

https://www.thehotelconversation.com.au/news/2018/08/23/geocons-abode-group-rebrands-iconic-hotels/1534972928

Geocon's Abode Group rebrands to Iconic Hotels

Independent hotel operator Abode Group has announced a rebrand, now known as Iconic Hotels - With two more hotels in Canberra’s inner-south and north due for completion and opening by July next year.

The Hotel Conversation

https://gapurabali.com/news/2018/08/22/bali-targets-8-million-foreign-visitors-2019/1534903820

Bali targets 8 million foreign visitors in 2019

Bali's tourism industry is aiming to attract 40% of Indonesia's total foreign tourist arrival target in 2019, but needs central government support to achieve this ambitious goal.

Gapura Bali