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John McGrath – Pandemic creates new long term Australian property trends

John McGrath, Chief Executive Officer of McGrath Estate Agents says the theme for the newly released McGrath Report 2023 is ‘chaos creates opportunity’.

National

The Economy

Productivity commission’s housing affordability report supports REIA’s plan

The Real Estate Institute of Australia (REIA) President, Mr Hayden Groves has welcomed the Productivity Commission’s report into housing affordability adding that “it supports REIAs plan for addressing the housing crisis.”

Western Australia (WA)Perth

The Economy

Rental stock hits 12-year low in September - REIWA

REIWA President Damian Collins said now was a challenging time for tenants, with rental supply struggling to keep up with Perth’s growing population.

National

The Economy

Rate of decline in housing values eases in September - CoreLogic

CoreLogic reported a further fall in housing values through the first month of spring, with the national Home Value Index (HVI) recording a -1.4% decline in September. Although values continue to trend lower, the rate of decline eased from a -1.6% fall in August.

National

People

Women in auctioneering hits historic milestone for AUSTROS 2022

AUSTROS has hit new milestones in promoting the rise of women in auctioneering with a historic representation of females on the judging panel.

New South Wales (NSW)Sydney

Featured Property

Alex Popov-designed Whale Beach beachfront for sale - LJ Hooker Palm Beach

207 Whale Beach Road Whale Beach for sale by David Edwards and BJ Edwards of LJ Hooker Palm Beach delivers private contemporary beachfront with intimate beach and ocean views.

Victoria (Vic.)Melbourne

Featured Property

Classical c1927 Toorak home for sale - Marshall White

9 Linlithgow Road Toorak for sale by Marcus Chiminello and Sonja Sendin of Marshall White Stonnington delivers a luxurious family lifestyle with north facing gardens.

Queensland (Qld)Brisbane

Featured Property

Shaun Lockyer-designed Bulimba home for sale - Place

36 Duke Street Bulimba for sale by Sarah Hackett of Place New Farm is one of Bulimba’s most prominent homes.

New South Wales (NSW)Sydney

Featured Property

Bellevue Hill with harbour views sold by The Agency in 9 days

6 Rupertswood Avenue Bellevue Hill sold by Steven Chen of The Agency was sold for an undisclosed amount close to the quoted price guide of $28m.

New South Wales (NSW)

Featured Property

Versatile beachfront Wategos for sale - Byron Bay Real Estate Agency

29 Marine Parade Byron Bay for sale by Tony Farrell and Liam Annesley of Byron Bay Real Estate Agency offers a range of ocean view self-contained suites and beachfront studios.

Pages

News Roundup

https://gapurabali.com/news/2018/10/16/tri-hita-karana-roadmap-blended-finance-better-business/1539660952

Tri Hita Karana Roadmap: Blended Finance for Better Business

More than 30 projects, investments and initiatives related to the United Nations' Sustainable Development Goals (SDGs) will be launched in Indonesia as a result of the THK Roadmap.

Gapura Bali

https://www.thehotelconversation.com.au/news/2018/10/15/maximum-occupancy-accommodation-industry-conference-announces-final-agenda

Maximum Occupancy Accommodation Industry Conference announces final agenda

Seats are filling up fast at this must-attend event for hoteliers, accommodation and tourism providers with keynotes at the Maximum Occupancy Accommodation Industry Conference from Google, Best Western, Expedia, HotelsCombined, Skyscanner & more.

The Hotel Conversation

https://www.thehotelconversation.com.au/news/2018/10/15/hotels-digitise-wake-%E2%80%98new%E2%80%99-customer-cbre-hotels-checkin-report/1539581671

Hotels digitise in wake of the ‘new’ customer - CBRE Hotels CheckIn Report

The key outtake from CBRE Hotel’s annual CheckIn report is the emergence of a ‘new’ hotel customer which is forcing hotel operators to change their business models, with many adopting new technologies to meet the growing demand for convenient and engaging experiences.

The Hotel Conversation

https://www.retalkasia.com/news/2018/10/16/how-urban-tech-driving-investment-urban-areas/1539644751

How is urban tech driving investment in urban areas?

Tech-driven services like ride-sharing, scooter sharing, food delivery apps, and co-working have quickly infiltrated the daily lives of city dwellers. Vinay Goel, JLL’s Chief Digital Product Officer and Stephen Wyatt, Country Head of JLL Vietnam explain how ConTech is changing the way real estate is used and built.

RETalk Asia

https://www.thebusinessconversation.com.au/property/walker-street-castlemaine-3450/prime-retail-area-mill-castlemaine

Prime retail area in The Mill Castlemaine

For sale by Michael Cantwell of Cantwell Property Castlemaine.

The Business Conversation

https://www.mingalarrealestateconversation.com/news/2018/10/16/consortium-agree-build-high-rise-yangon/1539647767

Consortium agree to build high rise in Yangon

A group of local and Japanese companies is set to build a 12-storey high rise in Yangon, in a move Colliers International Myanmar says "underscores the growing investor confidence".

Mingalar Real Estate Conversation

https://www.thehotelconversation.com.au/properties/2018/10/15/5-star-midnight-hotel-canberra-sale-mark-durran-jll-hotels/1539557127

5-star 'Midnight Hotel' Canberra for sale Mark Durran JLL Hotels

The brand-new 200-room, 5-star Midnight Hotel in the nation’s capital is being offered for sale by Mark Durran, Managing Director at JLL Hotels & Hospitality Group.

The Hotel Conversation

https://www.thebusinessconversation.com.au/news/2018/10/15/calculate-benefits-workplace-flexibility-your-bottom-line/1539549052

Calculate the benefits of workplace flexibility on your bottom line

The first tool of its kind in Australia, Felix: The Nous FlexiWork Savings Calculator helps organisations understand the financial benefits and costs of flexible workplace policies.

The Business Conversation