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The value of Australia’s housing market just hit $10 trillion again. How is this possible?

According to Eliza Owen, Head of Research, CoreLogic Australia, the combined value of Australian housing rebounded to $10 trillion at the end of August, the first time the total estimated value hit double digits since June 2022.

Queensland (Qld)

The Economy

Queensland property continues to shine on - REIQ

Queensland property keeps proving itself to be a shining performer, according to quarterly median sales results released by the Real Estate Institute of Queensland (REIQ).

Queensland (Qld)Brisbane

Featured Property

Iconic Donovan Hill renovated 1920s New Farm Queenslander for sale - Place

MM House 180 Heal Street New Farm for sale by Heath Williams of Place New Farm delivers a harmonious blend of heritage and modernity.

New South Wales (NSW)

Featured Property

Beloved 5-acre Southern Highlands for sale - Belle

Braeside 150C Cedar Springs Road Kangaroo Valley for sale by Nick Dale of Belle Property is a slice of paradise for private enjoyment with potential income generation.

National

People

Coronis Group's Latest Power Couple: Dion & Cassandra Saab's Journey to Franchise Success

The partnership between Coronis and Dion and Cassandra Saab exemplifies the company's dedication to cultivating talent and supporting ambitious entrepreneurs.

National

The Economy

Short stay accommodation soars 22.8% as Australia's rental crisis rages - REIA

REIA President, Hayden Groves said that in the March quarter, a total of 133,968 short-stay accommodation (SSA) places were available in Australia, an increase of 3.7% over the quarter and a enormous 22.8% over the past year.

New South Wales (NSW)Sydney

Featured Property

Magnificent Mowbray Park acreage estate for sale - The Agency

150 Montpelier Drive Mowbray Park for sale by Eva Frketic and Ben Marovic of The Agency is a serene sanctuary boasting over 176 acres of stunning rural surrounds with panoramic views in all directions.

National

The Economy

Interest rate commentary by Geoff Lucas

The Agency's CEO Geoff Lucas said today’s interest rate decision signals that we are likely to now be entering a period of little to no interest rate changes for a considerable time.

National

The Economy

Rates on hold but rent rises remain a problem for inflation - Ray White

According to Nerida Conisbee, Ray White Group Chief Economist, the next movement is likely to be a cut to rates, however this is unlikely to happen this year.

National

The Economy

RBA holds as speculation mounts the rate hiking cycle has peaked

The RBA was clear that inflationary pressures, especially in the services sector, remain elevated, but the trend is heading in the right direction and the RBA remains confident inflation will return to the target range in late 2025.

Pages

News Roundup

https://www.thehotelconversation.com.au/properties/2019/09/18/shell-cove%E2%80%99s-waterfront-tavern-site-sold-following-tender/1568750400

Shell Cove’s Waterfront Tavern site sold following tender

HTL Property has sold the Shell Cove Waterfront Tavern development site to Balmoral Hospitality Group on behalf of clients Shellharbour City Council and Frasers Property Australia.

The Hotel Conversation

https://www.commo.com.au/news/2019/09/17/south-melbourne-office-investment-sold-102-million/1568676812

South Melbourne office investment sold for $10.2 million

A four-level corner office building at 49-51 Stead Street, South Melbourne has been sold through Gross Waddell, in conjunction with Colliers International.

COMMO

https://www.theaseandeveloper.com/news/2019/09/17/homes-almost-sold-out-construction-starts-new-165-million-everard-park-development

Homes almost sold out as construction starts on new $16.5 million Everard Park Development

Success of Third Avenue reflects rising demand in Adelaide housing market.

The ASEAN Developer

https://www.thehotelconversation.com.au/properties/2019/09/16/peppers-airlie-beach-resort-sale-cbre-hotels/1568615064

Peppers Airlie Beach resort for sale - CBRE Hotels

The Peppers Airlie Beach resort in north Queensland is to be offered for sale via an Expression of Interest campaign - brokered by CBRE Hotels’ agents Wayne Bunz, Paul Fraser and Hayley Manvell.

The Hotel Conversation

https://www.commo.com.au/2019/09/16/increase-chapel-street-property-sales-value/1568608932

Increase in Chapel Street property sales value

The latest research from Chapel Street Cityscope shows that commercial property sales value have increased in the past three months.

COMMO

https://www.rethinktokyo.com/shinagawa-area-guide

Guide to Shinagawa Ward – Tokyo's urban waterfront

Shinagawa Ward is where Tokyo’s industrial harbour is located, along with new high-end condo projects. Its proximity to both Haneda Airport and many of Tokyo’s business centres makes it an increasingly popular choice with expats.

Rethink Tokyo

https://www.thehotelconversation.com.au/news/2019/09/10/htl-property-expands-agency-capacity/1568067728

HTL Property Expands Agency Capacity

HTL Property have appointed Nic Simarro as their new Director of Hotel Investment Sales.

The Hotel Conversation

https://www.retalkasia.com/news/2019/09/13/three-reasons-why-hong-kong-will-thrive-georg-chmiel/1568334728

Three reasons why Hong Kong will thrive - Georg Chmiel

Georg Chmiel, Executive Chairman of Juwai and Chairman of iCar Asia (ASX: ICQ) tells WILLIAMS MEDIA why he is optimistic around Hong Kongs future as a business and finance hub.

RETALK Asia