The Real Estate Conversation

Contact

McGrath extends it presence in regional NSW as it earmarks The Riverina for growth

Leading residential real estate group, McGrath Estate Agents, has earmarked one of Australia’s most diverse and productive agricultural regions in south-west New South Wales, The Riverina, for future growth.

National

The Economy

Chronic supply shortage causes reacceleration of Australian rental market - CoreLogic

CoreLogic Economist and report author Kaytlin Ezzy said while the annual growth trend is holding steady, it remains stubbornly high at 10.1% for the year to March, equating to an extra $52 per week or additional $2,727 a year.

National

The Economy

Rate hold could herald renewed confidence in property market - CoreLogic

The decision from the RBA to hold the cash rate at 3.6% sends a clear message they are ready to take stock, assessing the economic impact of the rapid rate hiking cycle to date.

South Australia (SA)Adelaide

The Economy

Adelaide’s property market to provide stable option for investment in 2023 - Knight Frank

South Australia’s property market is expected to provide a stable option for investment over the course of this year, according to Knight Frank.

Queensland (Qld)

People

REIA appoint Qld spokesperson Andrew Bell

The Real Estate Institute of Australia is delighted to announce the appointment of Mr. Andrew Bell OAM as our media spokesperson on Queensland issues.

Victoria (Vic.)Melbourne

Featured Property

Wayne Gillespie designed South Yarra sold between $13-$14m - RT Edgar

11 Fulham Avenue South Yarra sold by Sarah Case and Max Ruttner of RT Edgar offers a private family sanctuary with elevated views of South Yarra and the city.

National

The Economy

Australians remain the biggest losers with sad state of housing supply: NHFIC

REIA has welcomed NHFIC’s report giving an analysis into housing demand and supply across Australia further highlighting the dire situation on the imbalance in the supply and demand of housing, and the consequences including rents.

National

The Economy

Building and lending approvals stall under weight of the RBA - HIA

“With today’s data, there can be no justification for further rate increases,” stated HIA’s Chief Economist, Tim Reardon.

National

People

Veronica Morgan elected to PIPA Board of Directors

Qualified Property Investment Adviser (QPIA) and longstanding expert property buyer and commentator, Veronica Morgan, has been elected to the Property Investment Professionals of Australia (PIPA) Board of Directors. Veronica Morgan is the founder and principal of Good Deeds Property Buyers and is a former executive committee member of the Real Estate Buyers Agent Association of Australia (REBAA).

National

The Economy

Australian residential for sale listings slowly trending upwards - Ray White Data

Adelaide and Hobart are the only cities showing listing growth says William Clark, Ray White Data Analyst.

Pages

News Roundup

https://www.theaseandeveloper.com/news/2019/02/27/singapore-co-living-company-hmlet-coming-australia/1551238662

Singapore co-living company Hmlet coming to Australia

Singapore-based co-living company Hmlet has announced its entry into the Australian market.

The ASEAN Developer

https://www.commo.com.au/news/2019/02/27/amp-capital-unveils-foundry-angel-place-sydney/1551244721

AMP Capital unveils The Foundry at Angel Place in Sydney

A new urban respite has been added to the Angel Place office building in Sydney's CBD.

COMMO

https://www.rethinktokyo.com/uchi-soto-architecture-japanese-concept

Uchi-soto: How the Japanese concept that divides the "in" from the "out" reflects in Tokyo architecture

Small spaces, almost-windowless fronts, low walls that don’t seem to be keeping any burglars out — the Japanese idea of uchi and soto, a clear distinction between the inside and the outside, has shaped Japanese society and homes for centuries.

REThink Tokyo

https://www.thehotelconversation.com.au/news/2019/02/27/adina-apartment-hotel-melbourne-northbank-unveils-new-refurbishment/1551223676

Adina Apartment Hotel Melbourne Northbank unveils new refurbishment

TFE Hotels’ Adina Apartment Hotel Melbourne Northbank has unveiled a new look following a multi-million-dollar refurbishment.

The Hotel Conversation

https://www.thebusinessconversation.com.au/news/2019/02/27/record-number-organisations-receive-employer-choice-gender-equality-citation

Record number of organisations receive Employer of Choice for Gender Equality citation

Focus on flexible work, parental leave and women in leadership is “not just good for business”.

The Business Conversation

https://www.commo.com.au/news/2019/02/26/cafe-block-sold-111-million-melbourne/1551150182

Cafe from The Block sold for $1.11 million in Melbourne

A cafe created as part of TV series The Block has been sold by James Lockwood and Chris Kombi of Fitzroys.

COMMO

https://www.theaseandeveloper.com/news/2019/02/26/japans-society-50-drive-innovation-and-combat-social-challenges-says-jll/1551144534

Japan's Society 5.0 to drive innovation and combat social challenges, says JLL

Nearly three years after it was first introduced, Japan's Society 5.0 concept is helping to shape the nation's future, according to JLL.

The ASEAN Developer

https://www.thehotelconversation.com.au/news/2019/02/25/infrastructure-driving-tourism-gold-coast-canford/1551069960

The Infrastructure Driving Tourism on the Gold Coast - Canford

Canford report that the Gold Coast is experiencing extensive infrastructure upgrades which is increasing the number of visitors and residents to the Gold Coast.

The Hotel Conversation