The Real Estate Conversation

Contact

Aqualand reveals final stage of Barangaroo

Leading Australian developer Aqualand has today unveiled its plans for the future of Central Barangaroo, the final stage of the Sydney CBD waterfront precinct.

Queensland (Qld)

People

New LJ Hooker office opens in booming regional Queensland market

LJ Hooker has further expanded its network along Queensland’s Capricorn Coast with the opening of LJ Hooker Agnes Waters headed up by Paul Saayman.

Queensland (Qld)Gold Coast

People

Ray White Surfers Paradise grows its leadership team

Charles Higgins has joined Ray White Surfers Paradise in the newly created role of CEO of Ray White Surfers Paradise Residential.

National

The Economy

Lowest preliminary clearance rate of the year to date across the combined capital cities

There were 1,813 homes taken to auction across the combined capital cities this week, with the lower volumes attributed to the ANZAC Day long weekend, says Core Logic.

National

The Economy

John McGrath – Regional population growth highest in 40 years

According to John McGrath Chief Executive Officer of McGrath Estate Agents, where to live for Australians has been profoundly impacted by the pandemic, with the highest regional population growth in 40 years.

New South Wales (NSW)Sydney

Featured Property

Sydney waterfront with private sandy beach for sale - The Agency

30 Dick Street Henley for sale by Lee Dowdall and Stephanie O’Sullivan of The Agency combines light-filled interiors with magical views, just 7km from Sydney CBD.

New South Wales (NSW)Sydney

Featured Property

Hyde Park view apartment in Sydney’s acclaimed King & Phillip for sale - The Agency

1202/148-160 King Street Sydney for sale by Brad Gillespie of The Agency delivers uninterrupted views of St James Church and St Mary's Cathedral.

Victoria (Vic.)Melbourne

Featured Property

Historic bluestone terrace for sale in the heart of Port Melbourne - Kay & Burton

419 Bay Street Port Melbourne for sale by Eleisha Doherty and Tommy McIntosh of Kay & Burton Bayside has been transformed by award winners Technē Architecture and Interior Design.

Queensland (Qld)Brisbane

Featured Property

Donovan Hill renovated Fortitude Valley Queenslander for sale - Place

The gracious Queenslander at 191 Arthur Street for sale by Heath Williams and Andrew Cumming of Place New Farm is positioned on a large allotment with city views.

New South Wales (NSW)

Featured Property

‘Endcliffe’ Bulimba house for sale - Place

Brisbane Queenslander at 101 Henderson Street Bulimba for sale by Sarah Hackett of Place New Farm, close to Oxford Street and Hawthorne Road amenities.

Pages

News Roundup

https://www.afr.com/real-estate/cbus-property-sells-penthouse-at-the-langston-in-epping-for-275-million-20180530-h10qba

Cbus Property sells penthouse at The Langston in Epping for $2.75 million

Cbus Property has sold a two-storey penthouse at its Epping apartment project The Langston to a local buyer for $2.75 million, setting a new record for the north Sydney suburb of nearly $17,000 a square metre.

The Australian Financial Review

https://www.theage.com.au/politics/victoria/hundreds-of-properties-have-land-15-metres-beneath-them-acquired-for-tollway-20180530-p4zigm.html

http://www.afr.com/real-estate/chinese-foreign-buyer-boom-over-ubs-20180529-h10o07

Chinese foreign buyer boom over: UBS

The large numbers of residential foreign buyers from the boom of 2012-17 are unlikely to be repeated, a UBS report says.

The Australian Financial Review

https://www.afr.com/brand/chanticleer/royal-commission-spreads-housing-fears-20180529-h10pat

Royal commission spreads housing fears

As the royal commission ground through another day of worthy but unspectacular revelations about small business lending, the broader impacts of the commission's work are setting off some rather shrill – and perhaps overly pessimistic – alarms in federal politics, the property industry, and the consumer sector.

The Australian Financial Review

https://www.smh.com.au/national/nsw/power-to-the-strata-the-push-to-ban-airbnb-in-apartment-blocks-20180529-p4zi8a.html

Power to the strata: The push to ban Airbnb in apartment blocks

Airbnb should be banned within apartment blocks unless strata committees or owners corporations vote to allow the home-sharing service in the building, Liberal MP John Sidoti says.

Sydney Morning Herald

https://www.brisbanetimes.com.au/national/queensland/council-to-stop-developers-building-on-privately-owned-sporting-land-20180529-p4zi93.html

Council to stop developers building on privately owned sporting land

Brisbane City Council has backtracked on its controversial plan to allow aged care and retirement developers to build on sport and recreation zones.

Brisbane Times

https://www.watoday.com.au/national/western-australia/subiaco-institution-the-witch-s-cauldron-to-go-under-the-hammer-20180529-p4zi9c.html

Subiaco institution The Witch's Cauldron to go under the hammer

The iconic Witch's Cauldron Restaurant building will go under the hammer on June 28. Real Estate firm Caporn Young listed the Rokeby Road building on its site on Tuesday, and Caporn Young commercial sales and leasing associate director Phil Hayes said it was a "truly" unique building, much bigger than other restaurants in the area.

WA Today

https://www.afr.com/real-estate/blackstone-makes-31-billion-offer-to-take-over-investa-office-fund-20180527-h10m2x

Blackstone makes $3.1 billion offer to take over Investa Office Fund

Deep-pocketed US fund manager Blackstone has made an emphatic vote of confidence in Australian commercial real estate with a $3.1 billion bid to buy out Investa Office Fund, giving it a platform to make further inroads into the local market.

The Australian Financial Review