HIGH mortgage rates and soaring prices has driven housing affordability to its worst level on record, as Australians work overtime, take on second jobs, and even skip on healthcare costs in a bid to break into the heated market – #realestate australianpropertyjournal.com.au/2024/09/22/hou…

AFTER a busy auction week across the capitals, preliminary clearance rates fell back below the 70% mark, ahead of a quieter Grand Final weekend. #realestate #residentialproperty australianpropertyjournal.com.au/2024/09/23/sel…

VICTORIAN Minister for Housing Harriet Shing has opened a newly completed North Melbourne development that has boosted #socialhousing on the site by 13% to 127 homes. #vicpol #homelessness #communityhousing australianpropertyjournal.com.au/2024/09/23/mab…

ONE of the biggest commercial properties in Sydney’s exclusive eastern suburb of Double Bay has hit the market under the instructions of receivers and managers KordaMentha. #CRE #commercialrealestate #commercialproperty australianpropertyjournal.com.au/2024/09/23/rec…

APJ'S daily wrap up of #commercialproperty #investmentsales, as well as leasing transactions across Australia. #RetailLeasing #IndustrialLeasing #OfficeLeasing #CRE #commercialrealestate australianpropertyjournal.com.au/2024/09/23/aus…

ASX-listed agricultural herbicides company Nufarm has sold a shovel-ready 5.3-hectare western Melbourne industrial site for $32 million to a local developer. #investmentsales #capitalmarkets #propertydevelopment #developmentsite #developmentopportunity australianpropertyjournal.com.au/2024/09/23/dev…

DEVELOPER Artemus Group has lodged plans to bring a new hotel and enhanced public spaces to the Brisbane River. #planningapplication #propertydevelopment #hoteldevelopment australianpropertyjournal.com.au/2024/09/23/art…

NEARLY 5,000 new homes are set to be fast-tracked through the Miles Queensland government’s new approvals pathway, headlined by a mammoth project at Robina on the Gold Coast, with more than a quarter to be allocated to #affordablehousing. #qldpol australianpropertyjournal.com.au/2024/09/23/wal…

FOLLOWING preliminary discussions with prospective buyers, the Australian Unity Office Fund is seeking superior offers and has decided to field interest from other players for its last remaining asset, an office building in the St Kilda Road precinct australianpropertyjournal.com.au/2024/09/23/aof…

INVESTORS easily covered dual-listed Fletcher Building’s NZ$700 million equity raising, as the struggling products manufacturer and home builder successfully sought to boost its balance sheet. australianpropertyjournal.com.au/2024/09/23/fle…

PRIVATE capital and family offices which have historically operated in the sub-$30 million market are opening their cheque books to outplay institutional investors, in heated competition for $80 million-plus industrial and logistics assets. australianpropertyjournal.com.au/2024/09/23/cas…

THE 28,000sqm former Cadbury factory is up for lease in one of Melbourne’s key industrial spots, Dandenong South. #CRE #commercialrealestate #commercialproperty australianpropertyjournal.com.au/2024/09/24/swe…

PROPERTY developer Third.i has introduced latent defects insurance (LDI) at its Dairy Farmers Towers project in Newcastle’s West End, marking the first project in Newcastle with the protection. #realestate #residentialproperty australianpropertyjournal.com.au/2024/09/24/thi…

APJ'S daily wrap up of commercial property investment sales, as well as leasing transactions across Australia. #RetailLeasing #IndustrialLeasing #OfficeLeasing #CRE #commercialrealestate australianpropertyjournal.com.au/2024/09/24/aus…

MAAS Group Holdings has offloaded its 4.5-star apartment hotel, Quest Dubbo, for $17 million to Accure Funds. #hotelproperty #hotelinvestments #hotelsales #investmentsales #capitalmarkets #CRE #commercialrealestate #commercialproperty australianpropertyjournal.com.au/2024/09/24/maa…

ASX-listed developer Mirvac has finalised a project delivery agreement with Pioneer Fortune for a $2 billion master-planned community with 7,300 residential lots in the City of Logan #realestate #residentialproperty #propertydevelopment australianpropertyjournal.com.au/2024/09/24/mir…

IT was a busy month for agents Stonebridge, which managed $93.6 million in sales over August, led by the $12.2 million sale of a 120-place childcare centre at a 4.97% yield in Sydney’s north-west growth corridor. #investmentsales #capitalmarkets #CRE australianpropertyjournal.com.au/2024/09/24/cre…

RESERVE Bank governor Michele Bullock warned that #interestrates will remain on hold “for the time being” after the central bank kept rates on hold for a seventh meeting in a row. #ausecon #auspol australianpropertyjournal.com.au/2024/09/24/no-…

REAL estate investor and fund manager Cromwell Property Group has secured 20,000 sqm of lease renewal agreements, following #ESG upgrades at its 545 Wickham Terrace property in Brisbane’s sought-after CBD fringe suburb of Fortitude Valley. #OfficeLeasing australianpropertyjournal.com.au/2024/09/24/cro…

MELBOURNE'S tallest mass #timber residential building is set to be a 200-apartment, 17-storey #buildtorent project delivered in the inner suburb of Abbotsford. #architecture #architecturedesign #design #timberarchitecture #timberengineering australianpropertyjournal.com.au/2024/09/24/mod…