The Real Estate Conversation

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John McGrath – Investors increasingly looking to the regions

According to John McGrath, Chief Executive Officer of McGrath Estate Agents, city slickers who’d never seriously considered making the move to a regional area before suddenly had their eyes opened to the idea en masse.

Queensland (Qld)Brisbane

The Economy

REIQ Housing Report Card highlights sad state of affairs

The Real Estate Institute of Queensland (REIQ) says concerning building approval data released this week is just the tip of the iceberg of challenges facing Queensland housing one year on from the Housing Summit.

New South Wales (NSW)

Featured Property

Spectacular Numbaa Merribee Gardens for sale - LAWD

660 Comerong Island Road Numbaa for sale Andrew Graham and Trish Brewer of LAWD comes complete with a year of wedding bookings through to 2025.

Western Australia (WA)Perth

Featured Property

Coastal Swanbourne for sale - William Porteous Properties

6 Korel Gardens Swanbourne for sale by Olivia Porteous of William Porteous Properties International delivers a family mansion with spacious beachside seclusion.

Queensland (Qld)Brisbane

Featured Property

Hamilton Brisbane riverside for sale - Place

45 Hillside Crescent Hamilton for sale by Drew Davies and Josh Shanley of Place Ascot is a canvas to transform a piece of Hamilton's history into your dream home.

Queensland (Qld)Brisbane

Featured Property

Brisbane River resort style Norman Reach penthouse for sale - Place

344 / 90 Wynnum Road Norman Park for sale by Sarah Hackett and Charmaine McDonald of Place New Farm offers sheer luxury in a prestigious enclave.

National

The Economy

REIA cautions RBA against taking a flutter on rate rises

The Real Estate Institute of Australia (REIA) President, Mr Hayden Groves, has welcomed the return of investors and first home buyers with the release of today’s ABS Lending Statistics and has cautioned the RBA to consider the evidence moving into the Cup Day RBA Monthly Board Meeting.

Victoria (Vic.)Melbourne

Featured Property

Modernist Toorak riverfront for sale - Marshall White

108 St Georges Road Toorak for sale by Justin Long and Fiona Counsel of Marshall White is a masterpiece of design and luxury on the Yarra River.

National

The Economy

Lending for new homes remains at 20 year lows - HIA

“Despite a rise in the number of loans for the construction and purchase of new homes in September, they remain around their lowest levels for the past two decades,” stated Tom Devitt, HIA Senior Economist.

National

The Economy

Sydney set to host busiest auction week in 18 months - CoreLogic

After recording the busiest auction week of the year-to-date last week, capital city auction activity is set to ease, with 2,105 homes currently scheduled for auction.

Pages

News Roundup

https://www.theaseandeveloper.com/news/2019/10/31/design-lifestyle-and-location-winning-combination-st-kilda/1572490743

Design, lifestyle and location the winning combination in St Kilda

Luxury Melbourne development Saint Moritz proving so captivating it has already recorded $480 million in pre-construction sales.

The ASEAN Developer

https://www.thehotelconversation.com.au/news/2019/10/31/iconic-pub-lion-hotel-sale-part-north-adelaide-%E2%80%98super-site%E2%80%99/1572480523

Iconic pub The Lion Hotel up for sale as part of North Adelaide ‘super-site’

Rare amalgamated site covering nearly 5,000 square metres in prized North Adelaide city fringe hits the market.

The Hotel Conversation

https://www.theindustrialist.com.au/news/2019/10/30/east-coast-industrial-land-values-continue-soar-according-new-research/1572396795

East Coast industrial land values continue to soar according to new research

Sydney takes the lead in industrial capital and land values during the second half of 2019, according to Colliers International research.

The Industrialist

https://www.thehotelconversation.com.au/news/2019/10/30/millennials-surprise-big-spenders-australian-accommodation-reports-cbre-hotels

Millennials the surprise big spenders on Australian accommodation - reports CBRE Hotels

According to CBRE Hotels’ latest Australian Check-IN report - it's Millennials, not the country’s cashed up Baby Boomers or high salaried Generation X travellers that spend more on accommodation than any other generation.

The Hotel Conversation

https://www.thebusinessconversation.com.au/2019/10/30/victorian-small-business-owners-benefit-new-suite-translated-resources/1572414152

Victorian small business owners to benefit from new suite of translated resources

Commissioner O’Connell said the resources make the small business supports provided by the VSBC more accessible for culturally and linguistically diverse small business owners.

The Business Conversation

https://www.commo.com.au/news/2019/10/29/melbourne-commercial-sales-record-decline-following-sale-80-collins-street-cityscope

Melbourne commercial sales record decline following sale of 80 Collins Street: Cityscope

The latest research from Melbourne Cityscope shows that commercial property sales value has decreased significantly in the past three months, due to the sale of 80 Collins Street in the June quarter.

Commo.

https://www.theaseandeveloper.com/news/2019/10/29/stockland-launches-%E2%80%98retire-tech-living-cardinal-freeman/1572312520

Stockland launches ‘retire-tech' living at Cardinal Freeman

First ‘smart’ apartment designed to meet the needs of tech-savvy seniors now for sale in Ashfield retirement development.

The ASEAN Developer

https://www.theindustrialist.com.au/news/2019/10/28/sydneys-sutherland-shire-lures-industrial-buyers/1572213846

Sydney's Sutherland Shire lures industrial buyers

Industrial users not reliant on immediate proximity to the Sydney Airport or Port Botany head south in response to Sydney's industrial land squeeze.

The Industrialist