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Three million additional strata units offer part of the solution to housing crisis - CoreLogic

CoreLogic’s research director, Tim Lawless, said the National Cabinet had its work cut out for it to deliver on its commitment when it comes to new housing.

Victoria (Vic.)Melbourne

Featured Property

Bay view Mount Martha for sale - Sotheby’s

Safe Haven Mount Martha for sale by Rob Curtain and Marco Santos of Melbourne & Peninsula Sotheby's International Realty delivers luxurious comfort overlooking the bay.

Queensland (Qld)Brisbane

Featured Property

Riverside St Lucia sub-penthouse for sale - Place

1202 / 160 Macquarie Street St Lucia for sale by Simon Wheelans and Marianne Hewitt of Place West offers affluent luxury apartment living on the banks of the Brisbane River.

National Australian Capital Territory (ACT)Canberra

The Economy

Action needed to address regional housing pressures: REIA President

REIA President, Ms Leanne Pilkington, has emphasised the critical need for immediate and targeted measures to tackle escalating housing pressures in regional Australia.

Queensland (Qld)Brisbane

People

Tyson Clarke Sotheby’s International Realty top 100 agents world wide

Brisbane agent Tyson Clarke named one of top 100 agents world wide by Sotheby’s International President and CEO Philip White in New York City.

Queensland (Qld)Brisbane

People

Shannon Gordon joins Place Bulimba

Highly regarded real estate professional Shannon Gordon has joined Place Bulimba, stepping into the role of Lead Agent within Paula Pearce's multi-award-winning team.

New South Wales (NSW)Sydney

People

Diversity Council Australia names JLL on 2024-2025 Inclusive Employer list

Global real estate services firm JLL has been recognised by Diversity Council Australia (DCA) in its list of Inclusive Employers for 2024-2025.

Queensland (Qld)Brisbane

People

Oliver Jonker Joins Coronis, Opens Coronis Ascot

The Coronis Group has announced Ascot’s #1 sales agent Oliver Jonker has traded yellow for teal, joining Coronis and launching his own partnership franchise, Coronis Ascot.

Queensland (Qld)Brisbane

Featured Property

Heritage Elystan House New Farm for sale - Place

12 Elystan Road New Farm for sale by Sarah Hackett and Lauren Marmotta of Place New Farm offers an oasis amongst vibrant New Farm.

National

The Economy

Apartment demand on the rise as housing affordability slips further - ANZ & CoreLogic

ANZ Economist, Madeline Dunk said: “We have seen demand for housing soften in recent months, with high interest rates, cost of living pressures and elevated home values deterring buyer competition. In some markets, this has contributed to value falls.

Pages

News Roundup

https://www.thebusinessconversation.com.au/news/2020/10/15/regional-innovators-turn-big-ideas-business-outcomes/1602723686

Regional innovators turn big ideas into business outcomes

Impact Innovation’s online course supports rural and remote entrepreneurs during the pandemic.

The Business Conversation

https://www.theindustrialist.com.au/news/2020/10/12/industrial-unit-sale-north-east-nsw-real-specialists-commercial/1602476751

Industrial unit for sale in north-east NSW - REAL Specialists Commercial

A new and tenanted unit at 5/173 Lundberg Drive, South Murwillumbah is for sale through Assi Dadon of REAL Specialists Commercial.

The Industrialist

https://www.commo.com.au/news/2020/10/14/economic-crisis-casts-shadow-over-australia%E2%80%99s-cbd-office-markets-jll/1602635054

Economic crisis casts a shadow over Australia’s CBD office markets - JLL

JLL national office statistics for the third quarter show negative net absorption of -193,700 square metres and a vacancy rate increase of 2 percentage points from 10.2 per cent to 12.2 per cent.

Commo.

https://www.retalkasia.com/news/2020/10/14/singapore-and-australia-provide-top-asia-pacific-cross-border-capital-flow-2021

Singapore and Australia to provide top Asia Pacific cross border capital flow in 2021 - Knight Frank

Knight Frank’s Active Capital 2020 finds that cross-border investment into safe haven locations and ‘near-neighbours’ are set to dominate global capital flows in 2021, as COVID-19 shifts trends in real estate investment and global mobility.

Retalk Asia

https://www.suayphuket.com/news/2020/10/08/increased-demand-phuket-land-thai-investors/1602126928

Increased demand for Phuket land from Thai investors

CBRE has reported a noticeable increase in demand from domestic investors and individual buyers.

Suay Phuket

https://www.thehotelconversation.com.au/news/2020/10/13/coppersmith-hotel-sale-south-melbourne-lsv-hotels/1602554585

Coppersmith Hotel for sale in South Melbourne - LSV Hotels

The freehold going concern of a boutique hotel at the top end of Clarendon Street in South Melbourne is for sale through LSV Managing Director Michelle Matthews.

The Hotel Conversation

https://www.theindustrialist.com.au/news/2020/10/01/canning-vale-industrial-property-sold-124-million-transact-capital/1601539620

Canning Vale industrial property sold for $12.4 million - Transact Capital

A sizeable industrial property at 13 Modal Crescent, Canning Vale has been sold to Mair Property Funds for $12,405,000 in a deal negotiated by Alex Gismondi of Transact Capital.

The Industrialist

https://www.theaseandeveloper.com/2020/10/08/queens-bridge-place-melbournes-global-scale-mixed-use-development-site-sale-jll-and

"Queens Bridge Place" Melbourne's Global scale mixed use development site for sale JLL and Colliers

A permitted 6,202 sqm parcel of land on the doorstep of Melbourne’s CBD is anticipated to set the development sector aflutter this week, as Colliers International and JLL bring the Queens Bridge Place for sale to the market.

The ASEAN Developer