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CoreLogic Home Value Index shows value declines flatten as low advertised stock levels keep a floor under prices

CoreLogic’s Home Value Index (HVI) recorded a sharp reduction in the rate of decline through February. The national index declined -0.14% over the month, the smallest monthly fall since May 2022 (-0.13%), when rate hikes commenced.

New South Wales (NSW)

Featured Property

Magical hinterland estate with income potential The Coppice for sale - Belle

62 Shaws Lane Tuckombil for sale by Braden Walters and Adam Jones of Belle Property boasts elegant accommodations, rural infrastructure, and event spaces.

Victoria (Vic.)

Featured Property

Bendemeer 107-acre Surf Coast estate with sweeping views - RT Edgar

615 Pollocksford Road Gnarwarre for sale by Spencer Luppino and Candace Smith of RT Edgar Bellarine is an idyllic oasis just 20km from the heart of Geelong.

National

Design

Thinking about a holiday home? Forget all the hassles with Ko

Owning a luxury holiday home can be a long-term dream for many Australians. With the introduction of the Ko co-ownership platform to the Asia-Pacific region, that dream no longer has to take years.

National

The Economy

Knockdowns fall with dropping investment levels

Knocking down a building often represents the first step in implementing a massive investment in any one property, both in time, and in money. Every quarter, the ABS provides data on the number of new dwellings approved for construction, and for demolition.

Victoria (Vic.)

People

Ray White Rural Victoria launches Team Woodley Saba to service Mitchell Shire

Ray White Rural Victoria has recruited Ursula Saba to join Brendan Woodley to service demand. We’re absolutely thrilled to have Ursula Saba join our team to help service both vendors and buyers across Kilmore, Wallan, Broadford and the greater Mitchell Shire region," said Jason Hellyer, Director of Ray White Rural Victoria.

National

The Economy

Housing completions fail to keep up with population growth

According to Nerida Conisbee, Ray White Group, Chief Economist, policies that encourage more investors in housing would be the most effective short term solution to solving the housing shortage.

National

People

First National announces NSW 2023 General Excellence & Marketing Awards

First National Real Estate’s NSW agents were presented with their 2023 General Excellence and Marketing Awards at Hilton Sydney on Saturday night.

National

The Economy

John McGrath – Buyers more decisive as market stabilises

Despite the economic climate and impact of potential further interest rate rises, John McGrath, Chief Executive Officer of McGrath Estate Agents, believes we may be either at or approaching the bottom of this property cycle, and it looks like many buyers agree.

Queensland (Qld)Sunshine Coast

Featured Property

Azure Luxury Rainforest Villas Sunshine Coast for sale - Sotheby’s

Azure Luxury Rainforest Villas Forest Glen for sale by Gabel Stathis of Queensland Sotheby’s International Realty offers its residents the freedom to build the lifestyle of their dreams.

Pages

News Roundup

https://www.thehotelconversation.com.au/news/2019/01/30/westin-perth-hotel-sold-over-200m-mark-durran-jll-hotels/1548841061

Westin Perth Hotel sold for over $200m - Mark Durran JLL Hotels

In the largest single asset transaction of 2018, and the largest ever in Perth, the brand new Westin Perth has been acquired by Malaysia’s YTL Group in a deal negotiated by JLL Hotels & Hospitality Group’s Managing Director, Mark Durran.

The Hotel Conversation

https://www.mingalarrealestateconversation.com/news/2019/01/29/new-bylaws-need-consider-yangon-tourism-market-says-colliers/1548707737

New bylaws need to consider Yangon tourism market, says Colliers

Colliers has emphasised the importance of Yangon to Myanmar's tourist sector in the wake of new bylaws from Myanmar's Hotels and Tourism Ministry

Mingalar Real Estate Conversation

https://www.thehotelconversation.com.au/news/2019/01/28/accorhotels-announces-winners-2018-pacific-franchise-hotels-awards/1548650055

AccorHotels announces winners at 2018 Pacific Franchise Hotels Awards

The AccorHotels Pacific Franchise Awards were held at Pullman Melbourne on the Park last week as part of the Group’s annual franchise conference attended by over 100 franchisees.

The Hotel Conversation

https://www.thehotelconversation.com.au/news/2019/01/28/hilton-brisbane-recognised-annual-hilton-food-and-beverage-awards/1548646151

Hilton Brisbane recognised at annual Hilton Food and Beverage awards

Hilton Brisbane is celebrating an array of achievements as three of its best and brightest Team Members were recognised at the annual Hilton Food and Beverage (F&B) Masters in Sydney.

The Hotel Conversation

https://www.theaseandeveloper.com/news/2019/01/25/brisbane-almost-runway-ready/1548388851

Brisbane almost runway ready

Construction on Brisbane Airport's new runway is well into its final stages, with the project set to be completed midway through 2020.

The ASEAN Developer

https://www.rethinktokyo.com/living-japanese-countryside

A case for living in the Japanese countryside

A list of reasons for why you should seriously consider living in the Japanese countryside by a long-time foreign resident.

REThink Tokyo

https://www.thebusinessconversation.com.au/news/2019/01/29/airpass-connects-aussie-retailers-chinese-shoppers/1548708049

AirPass connects Aussie retailers with Chinese shoppers

A new collaboration is helping Aussie merchants use social marketing channels to woo Chinese shoppers.