New rental laws for pets to come into play

The Real Estate Institute of Queensland (REIQ) is highlighting the value of property managers as the most significant rental legislative reforms in more than a decade come into effect on 1 October. REIQ CEO Antonia Mercorella said the Queensland Government’s new rental laws were complex and many property owners would need to lean on the expertise of their property managers to navigate the new legislative … Continue reading New rental laws for pets to come into play

Aussie PropTech claims distribution leadership

From a standing start 3 years ago, property marketing platform Realty.com.au has emerged as one of the big players in the online property marketing space, by this week reaching a milestone 1.5 million properties being marketed through the portal and distributed through social media. “That means we have now posted more properties on social media than any property portal or social media marketing company or … Continue reading Aussie PropTech claims distribution leadership

Multi-award-winning real estate agency & auctioneer chosen for 2022 House for Life

Plantation Homes and Mater Foundation have teamed up with multi award-winning Coronis Real Estate agency to drive and manage the sale of the 2022 House for Life with five-time winner of the REIQ Auctioneer of the year, Justin Nickerson handpicked to be the auctioneer on the day. Coronis Real Estate, with offices all over Australia, will be donating their time and resources in generating as … Continue reading Multi-award-winning real estate agency & auctioneer chosen for 2022 House for Life

REIQ MEDIA RELEASE: Queensland property growth eases from sprint to a run

Property prices continue to rise across Queensland, albeit at a more modest pace, according toquarterly median sales results released by the Real Estate Institute of Queensland (REIQ) today. The June 2022 quarter (April – June 2022) revealed that Queensland’s median house prices rose by 3.61 per cent, while median unit prices still inched up by 1.59 per cent. REIQ CEO Antonia Mercorella said the latest … Continue reading REIQ MEDIA RELEASE: Queensland property growth eases from sprint to a run

Total Property Listings Fall in June

Total Property Listings Fall in June Figures released today by SQM Research reveal national residential property listings fell in June2022 by 1% to 221,571 properties, down from 223,859 in May. The largest monthly falls in property listings were in Adelaide, Perth and Melbourne of 3.9%, 2.1% and 3.7%. Compared to 12 months ago, listings fell by 6.2%, with large declines recorded in Brisbane, Adelaide and … Continue reading Total Property Listings Fall in June

Top 3 “set and forget” assets to consider

Commercial Property Update You often hear the term “set and forget” when considering commercial assets but what does that really mean?  These are commercial assets which offer a secure and long term income stream with the tenant taking on all the responsibility of the asset by way of maintenance and upkeep as well as taxes.  Tenants of these properties are often associated with a larger, … Continue reading Top 3 “set and forget” assets to consider

Foreign buyers behind half of 2022 commercial property investment

Commercial Property Update During the first quarter of 2022, commercial volume of sales recorded $8.69 billion, representing 593 transactions (more than $2 million). The bulk of activity came from NSW followed by Victoria together accounting for 74 per cent of all volume. Of these two states alone we saw that cross border buyers were responsible for 68 per cent and 63 per cent respectively, however, … Continue reading Foreign buyers behind half of 2022 commercial property investment

High demand for industrial property sends rents soaring

Commercial Property Update: Vanessa Rader Over the last two years we have seen a swift increase in demand for industrial assets.  COVID-19 was the catalyst for the resurgence of the industrial market with an uptick in requirement for logistics, transport and warehousing of goods in response to a growth in online retailing. Similarly, a change in working conditions saw many small businesses borne from employers’ … Continue reading High demand for industrial property sends rents soaring

“Hub and spoke”; the likely office model for the Australian workforce

Despite COVID-19 numbers dwindling, the uptake in staff returning to CBDs has continued to be slow, albeit improving. A combination of wet and cold weather and an uptick in the flu has been yet another stumbling block for businesses who are seeking to get their staff back in the office on a more permanent basis. For many businesses the quest to have their staff in … Continue reading “Hub and spoke”; the likely office model for the Australian workforce

Air BNB owners hit with 50% premium on rates

Peak property body Strata Community Association (Qld) (SCA (Qld)) has welcomed the announcement of a 50% premium on rates for short-term accommodation in today’s Brisbane City Council Budget but argues this indicates a need for the state to devolve power to local communities. SCA (Qld) President, Kristi Kinast, maintains Air BNB is one of the biggest problems in Queensland strata communities and hopes today’s announcement … Continue reading Air BNB owners hit with 50% premium on rates