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Combined capitals records the highest preliminary clearance rate since late May

After being impacted by multiple public holidays over the past few weeks, auction activity was on the rise this week across the combined capitals according to Kaytlin Ezzy, Economist, CoreLogic.

National

The Economy

National vacancy rates hit record low as affordability starts to impact rent hikes

As Australia’s rental market continues to tighten to record levels, the pace of rental growth has started to ease, suggesting affordability constraints are having an impact.

National

Design

John McGrath – Has COVID-19 redesigned the home?

New figures from CoreLogic show a -1.4% decline in national housing values over the first month of Spring, but that’s a slower decline than we saw in August at -1.6%.

New South Wales (NSW)Sydney

People

DiJones to continue to service North West Sydney with new Castle Hill office

“North West Sydney will play a leading role in our future, with our market intelligence highlighting that interest in the area is at an all time high,” DiJones CEO Dean Mackie said.

New South Wales (NSW)Sydney

Featured Property

One Barangaroo Sydney Harbour sky home for sale – The Agency

Level 64 Residence 2, 1 Barangaroo Avenue Barangaroo for sale by Steven Chen of The Agency is arguably one of the world’s most significant offerings in 2022.

New South Wales (NSW)

Featured Property

Private Southern Highlands estate for sale with equine facility - Raine & Horne

This Robertson estate for sale by Matthew Anstee and George Kolovos of Raine & Horne Southern Highlands, who told LUXURY LIST WEEKEND, “It’s a property where you can celebrate everyday as a special occasion.”

Queensland (Qld)Brisbane

Featured Property

Award-winning Yeronga residence Canoe Reach House for sale - Place

37 Stevens Street Yeronga for sale by Heath Williams of Place New Farm was named Winner of the Australian Institute of Architects State Award Queensland 2008.

Victoria (Vic.)Melbourne

Design

David Hicks: design from the inside out

David Hicks is a multi-award winning designer who has created some of Australia's most glamourous homes.

Victoria (Vic.)

Featured Property

Architecturally designed Flinders acreage for sale - RT Edgar

38 Mitford Road Flinders for sale by Samantha Moffatt, Martina Richardson and James Redfern of RT Edgar Mornington Peninsula spans 10 acres, with pool, tennis court and menage.

Queensland (Qld)Brisbane

Featured Property

Red Hill Char by Graya & Oh Architecture sold by Place Ascot

Positioned on a 263sqm block the home at 69 Upper Cairns Terrace Red Hill sold by Drew Davies and Carter Lagana of Place Ascot for $2,925,000.

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News Roundup

https://www.thehotelconversation.com.au/news/2018/10/18/courtyard-marriott-hotel-brand-coming-melbourne-2021/1539819675

Courtyard by Marriott hotel brand coming to Melbourne in 2021

Marriott has today announced it has signed an agreement with Ousia Investments to open a 150-room Courtyard by Marriott West Melbourne, marking the debut of the brand in Melbourne on the fringe of the CBD.

The Hotel 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.retalkasia.com/news/2018/10/18/investors-shape-future-asia-pacific-flexible-space/1539814097

Investors to shape the future of Asia Pacific flexible space

Flexible space is expanding rapidly across Asia Pacific driven by maturing occupier requirements for flexible working and living environments according to CBRE's Henry Chin, Ph.D. and their latest report Exploiting the Agile Revolution: Prospects for Landlords and Investors.

RETalk Asia

https://www.retalkmena.com/news/2018/10/18/abu-dhabi-host-10th-world-urban-forum-2020/1539810011

Abu Dhabi to host 10th World Urban Forum in 2020

Abu Dhabi Department of Urban Planning and Municipalities have signed an agreement with the United Nations Human Settlements Programme to host the landmark sustainable city planning forum.

RETalk Mena

https://www.thehotelconversation.com.au/properties/2018/10/17/redcape-buys-largest-pub-portfolio-south-sydney/1539724065

Redcape buys largest pub portfolio south of Sydney

Three Wollongong pubs have sold in-one-line to the Redcape Hotel Group in an off-market transaction coordinated by Andrew Jolliffe and Daniel Dragicevich of HTL Property.

The Hotel Conversation

https://www.mingalarrealestateconversation.com/news/2018/10/16/will-reduction-property-prices-lead-growth-mandalay/1539655513

Will a reduction in property prices lead to growth in Mandalay?

With the introduction of a property tax for buyers in 2016, the Mandalay property market has seen quieter than expected price growth giving buyers a low barrier to entry.

Mingalar Real Estate Conversation

https://www.thebusinessconversation.com.au/2018/10/17/carbonxt-raises-3m-meet-high-demand-its-unique-environmental-product/1539718389

Carbonxt raises $3m to meet high demand for its unique environmental product

The pollution control company said the funding is predominately to build additional manufacturing capacity to meet the high level of demand for its AC pellet product.

The Business Conversation

https://www.rethinktokyo.com/best-views-of-tokyo

Skyline sights: Where to get the best views of Tokyo

Walking the streets of Tokyo is a great way to see some unusual architecture, but for the bigger picture, you need to set your sights a little higher.

REThink Tokyo