Hotspots


Read the latest on the property hotspots for investment opportunities here.

leisure

Marilyn New exits Perth hotel scene with Esplanade River Suites sale to Chinese hotel group Narada

Narada bills itself as one of the Top 10 hotel groups in China and among the Top 100 in the world, managing 15,000 guestrooms in 11 provinces in China.

new south wales

Toni Collette Paddington property court case hears consistent $6.5 million price estimate

McGrath estate agent Ben Collier took the stand today in the court case over a Paddington terrace sale.

residential

Residential recovery underway but more pain for Stockland as $49 million write-down revealed

Stockland CEO Mark Steinert says the residential land market recovery is lagging the established housing market recovery by around six months.

queensland

Brisbane rental market tightens to 2.1% vacancy rate in March quarter with rents rising

Weekly rents for three-bedroom houses in Brisbane are up $10 to $410 per week and two-bedroom units up $5 to $395 per week.

queensland

Mermaid Beach still poorly performing, with Mandurah and Ultimo bouncing back from their GFC lows

Queensland coastal suburbs occupy the top five positions on the list of worst-performing locations with two-bedroom houses in Burleigh Heads second with a 61% decline over the past four years.

retail

NAB branch auction brings the crowds to Chapel Street and sells under the hammer for $12.825 million

A crowd of around 200 people gathered to watch the property sell under the hammer to a private Melbourne investor for $12.825 million.

residential

Established house prices stagnate in March quarter, but with good gains in Perth and Darwin: ABS

The strongest performers over the March quarter were Perth (+1.2%) and Darwin (+1.9%)with Sydney house prices unchanged.

australian capital territory

Sales suspended on Canberra Aalto apartment project following LMIM collapse

The Aalto project is the second major LMIM development casualty following the demise of the $1 billion Maddison Estate project.

residential

‘Gazumping’ fears arise in Sydney: 13 tips to protect unlucky buyers

Raine & Horne CEO Angus Raine says he has already received his first telephone calls from consumers beaten to the punch for a property.

demographics

Australia's four biggest capital cities are dominating national population growth: Tim Lawless

Looking across the council regions that have recorded the most significant rate of population decline it shouldn’t come as a surprise that they are generally rural locations.

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      Macquarie's harbourfront-bound Nicholas Moore finally secures Federation Mosman sale Jonathan Chancellor
      Meanwhile, Mike Quigley, boss of the federal government's National Broadband Network, has also sold his Mosman mansion recently at $3,555,000. It represented a loss on the $3.6 million paid in 2007.
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      Atria Apartments in Hawthorn offers buyers an opportunity to invest in one of Melbourne’s finest suburbs.

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