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Increasing demand and an undersupply of accommodation impacts affordability for Australian renters - CoreLogic

Released today, the ANZ CoreLogic Housing Affordability Report: reflections on the pandemic and the rental market unpacks the state of affordability in the Australian rental market and looks at the many ways in which the pandemic has influenced the supply and demand of rental accommodation.

Queensland (Qld)

People

REIQ appoints new Director, bolstering Board to nine

The Real Estate Institute of Queensland (REIQ) has announced its appointment of a new non-member Director, expanding the Board to nine and complementing its skillset with in-demand specialised knowledge.

National

The Economy

John McGrath – New value for buyers in premium regional markets

According to John McGrath, Chief Executive Officer of McGrath Estate Agents, there is exciting new value available now for buyers in premium regional lifestyle areas following the market correction.

Western Australia (WA)Perth

The Economy

REIWA welcomes rental reforms amid housing supply shortage

REIWA CEO Cath Hart today welcomed the McGowan Government’s announcement of rental reforms, saying they struck the right balance.

New South Wales (NSW)Sydney

Featured Property

Versailles inspired Chateau Narla Northern Beaches for sale - Belle

Chateau Narla Bayview for sale by Greg Griffin, Alexander Schreiber and Nicholas Hayes of Belle Property Avalon is one of Sydney's finest estates on 4,110sqm.

Victoria (Vic.)Melbourne

Featured Property

Statement Montresor estate Templestowe sold in three weeks - McGrath

7 Edwin Road Templestowe sold by Adrian Stefanetti and James Moss of McGrath is 4,025sqm of French-inspired luxury complete with pool and tennis court.

Queensland (Qld)Brisbane

Featured Property

Private resort-style Burbank acreage for sale - Sotheby’s

64 Oakridge Street Burbank for sale by Malcolm Li of Queensland Sotheby’s International Realty evokes relaxed Balinese charm, with landscaped grounds and dual living.

National

People

The inspiring career of Emily Sim - Ray White

Close to 200 people tuned into the latest instalment of Journey’s webinars from the Leading Ladies of Real Estate initiative. The subject is one of the most prolific women in Australian real estate, Emily Sim, CEO of Property Management for the country’s largest real estate group.

National

The Economy

5 mistakes that first time property investors should avoid - BMT

According to BMT Tax Depreciation first-time property investors should be aware that there are several common mistakes that can be detrimental to their investment success.

National

The Economy

Rising prices and resilience; Australia’s winter housing outlook - CoreLogic

Not that long ago, Australia was in the midst of the fastest drop in housing values on record, as rapidly increasing interest rates caused capital city values to plunge more than 9% in the space of about 10 months.

Pages

News Roundup

https://www.thehotelconversation.com.au/properties/2019/05/04/sydney-pub-hotel-steyne-sold-over-60m-iris-capital/1556973564

Sydney pub Hotel Steyne sold for over $60m to Iris Capital

HTL Property have confirmed the sale of the iconic Hotel Steyne, which has been reported to have sold for over $60 million.

The Hotel Conversation

https://www.commo.com.au/news/2019/05/01/melbourne-leads-cbd-markets-globally-yield-compression-past-three-years-says-report

Melbourne leads CBD markets globally for yield compression for past three years, says report

The Melbourne CBD recorded the greatest yield compression throughout the past three years across CBD office markets globally, according to Savills' latest Impacts report.

COMMO

https://www.suayphuket.com/news/2019/05/02/potential-tax-deduction-thai-property-buyers/1556775003

Potential tax deduction for Thai property buyers

Several tax measures have been proposed for the fiscal property sector as part of a new package to prop up economic growth.

Suay Phuket

https://www.thehotelconversation.com.au/news/2019/05/01/ihg-open-holiday-inn-hotel-queenstown-remarkables-park/1556689500

IHG to open Holiday Inn hotel in Queenstown Remarkables Park

IHG will open a brand-new Holiday Inn in Queenstown Remarkables Park following the signing of an agreement with property owner QLong Investments Limited.

The Hotel Conversation

https://www.commo.com.au/news/2019/05/01/opportunity-blooms-18-honeysuckle/1556695788

Opportunity blooms at 18 Honeysuckle

A fully-tenanted Newcastle office building at 18 Honeysuckle Drive is expected to generate strong interest following its release to the market this week.

Commo

https://www.thehotelconversation.com.au/news/2019/05/01/art-series-hotel-open-perth-cbd/1556693531

Art Series Hotel to open in Perth CBD

Accor has announced it will open its ninth Art Series hotel in Perth’s CBD in October 2019, heralding the arrival of the Art Series brand in Western Australia.

The Hotel Conversation

https://www.retalkasia.com/news/2019/05/01/myanmar-and-thailand-tourism-collaboration-agreement/1556662465

Myanmar and Thailand tourism collaboration agreement

Thailand and Myanmar have signed a cooperation deal with the aim to promote tourism routes which connect ancient cities of the two countries.

RETALK ASIA

https://www.theaseandeveloper.com/news/2019/05/01/moore-river-south-sale-major-australian-landholding-approved-master-planned

Moore River South for sale: Major Australian landholding approved for master-planned development offered to market

Western Australia’s property market is ripe for investment with expected upswing over the coming months, according to JLL Australia.

Asean Developer