Australian auction market June 2022 update

Brisbane and the Gold Coast remain strong, while results are lower in the southern cities

Luxury collection of Melbourne penthouses unveiled

Among the offerings is Victoria’s largest penthouse to hit the market this year – worth some $23 million

Canberra Property Market Predictions 2022 – House Price & Rental Forecast

Prices have been trending higher in the nation’s capital, but will this continue?

Reserve Bank raises interest rates for the third consecutive month

As expected, the RBA has increased the cash rate to 1.35%

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Home Consortium launches new fund: HMC Capital Partners Fund I

HMC Capital acquired interest in Sigma Healthcare as a seed asset for the new fund

Emu Park Village and Tantum Central shopping centres sold

Two regional Queensland shopping centres have sold for a total of $36 million, highlighting demand for such assets in the state

Certainty of earnings attracting capital flows into alternative REITs

Valuation increases have been seen across various sectors, especially those in the non-discretionary retail, child and health care sectors

Charter Hall valuations up over $100M each

CQE, CQR, and CLW valuations have seen a combined valuations increase of over $400M

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Gurner lands permit for $40M Prahan historic bluestone church and school redevelopment

145-151 High Street will become home to 45 new residences over six levels, following approval from the City of Stonnington

$350 million Westmead Innovation Quarter reaches new milestone

With stage one complete, Charter Hall’s project is now home to Western Sydney University

Erskineville site acquired by Coronation Property for $315 million

The 50,000 sqm site comprises future stages of the Park Sydney project, with a range of build-to-sell and build-to-rent apartments

Carter family and Orchard Piper enter partnership for $300M St Kilda Road redevelopment

Kerry Hill Architects has been appointed to deliver the luxury project

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Nano expands digital home loan offering

Latest digital product offers borrowers full approval in under 10 minutes, says CEO

Mortgage stress to hit 1 in 4 Aussies as interest rates soar

Very few Aussies are refinancing or locking in record low interest rates, instead opting to tighten their belts

5 reasons to consider investing in residential property right now

Despite easing property prices, there is still reason to invest according to Buyers Agency Australia

Green finance set to soar across Australian commercial property market

Green loans represent just 3% of commercial real estate debt, despite many corporates having ambitious 2030 emission targets, according to a CBRE report

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Rental market stabilises as vacancy rates flat line

With the national vacancy rate remaining at 1% and many other city vacancy rates not dipping, could it be a stablising market?

Commercial property transactions moderate after record year

$15.2 billion in office, industrial, hotel and retail assets changed hands during the first half of this year

Green homes sell faster, despite less than 1% of buyers searching for them

Few buyers are looking for green features despite data showing more than two thirds of Aussies prefer an energy efficient home when given a choice

Gold Coast Property Market Predictions 2022 – House Price & Rental Forecast

On track to hit a million people by the time of the Olympics, how will the Gold Coast housing market fare over the next few years?

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365 Macarthur Avenue acquired for $46.5 million

Fully leased to Chevron Australia, the sale represents a capitalisation rate of 5.3% for the Hamilton Asset

Colliers lists Gold Coast shopping centre with DA for 51 apartments

The catchment population of the centre is growing at a rate double that of the Southeast Queensland average

Office rents rise in Brisbane and Sydney, stable in other CBDs

Premium gross effective rents rose by 3.1% during the quarter in Brisbane, amid higher tenant demand

Iris Capital lists East End Village shopping precinct

Developer hopes the sale will help to redeploy capital towards completing the rest of East End

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Snowdon Developments goes into administration

The collapse has left 550 homes in limbo, and $17.8 million owed to creditors

Sydney, Melbourne, and Brisbane offices strong and stable for Q2

Rents and vacancies stable and steady, with Brisbane likely to need over 265,000 square metres to come online soon

Openn Negotiation to raise $5M to assist delivery of North American pilot programs

The raise will consist of $3M from sophisticated and professional investors, with the remainder coming from a share purchase plan, all issued at 15 cents per share

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Openn Negotiation announces BeachMLS pilot program

The company’s sixth pilot in North America will see OPN have exposure to the south east Florida market

Fly Perth to Rome for a grand new home

An innovative flat tax, direct flights, and a prime place to invest and develop, Italy seems like the place to be for more than just summer

Graphite Square named UK’s fastest selling project

The mixed-use development in Vauxhall marks Australian-based Third.i’s second London project

Openn Negotiation planning three more pilots in North America

The company is currently running pilots in Canada, North Carolina, and Northern California and the Bay Area

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Micro apartments: living big in a small space

One in ten apartments now sold in larger developments are less than 50 sqm, writes Mark Hay

How to prepare your home for sale

There are a few key things you can do to maximise your sale campaign, writes Prash Nayar

Where have all the rental properties gone?

It seems like a perfect storm of factors that have combined to create one of the worst rental crises our nation has ever experienced. writes Kate Hill

3 investor tips for the end of the financial year

Rising interest rates make it vital for investors to review their cash flow, says Ben Plohl

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Building a veterinary hospital extension

The considered and careful design meant hospital operations could continue whilst construction went on

Telling incredible stories through architecture

The project reflects the rich and vibrant history of the surrounds

West Australian Landscape Architects Awards 2022

It’s WA’s turn for the AILA Landscape Awards, with the field of entrants bringing incredible vibrancy to the state

West Australian brewery hops into Busselton with innovative design

The entire building has cleverly integrated sustainable features, along with an incredible industrial aesthetic

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