RPM SEQ Property Research Report revealed SEQ buyers waiting 208 days after signing a contract to settle on residential lots
This is more than double the median of 96 days buyers had to wait in 2021 and more than three times the 67 days it took to settle land purchases in 2020. Despite record construction activity across the state, southeast Queensland is failing to keep up with demand for residential lots,” said...
AURA by Aqualand game changing display showroom revolutionises buying property
Aqualand, has set a new benchmark in property marketing with the innovative technology on show at their latest development in North Sydney, AURA by Aqualand. Designed in collaboration with proptech company DisplaySweet, the multi-million-dollar showroom features a number of state-of-the-art...
Developer focus on owner-occupied stock to further pressure rental market - Knight Frank Residential Developer Survey 2023
Knight Frank has released its Australian Residential Developer Survey 2023, which is the first of its kind. Knight Frank Partner, Head of Residential Erin van Tuil said more developers were opting for a balanced buyer pool or homes designed purely for an owner-occupier.
Lendlease among first in Australia to unlock fossil fuel-free construction
One of Australia’s first ever cranes to be powered by 100 per cent renewable diesel has recently taken to the sky on the NSW Government’s Powerhouse Parramatta project, marking a critical transition towards fossil fuel-free construction.
Newmark Capital secure approval for mixed-use office and serviced apartment precinct at Brandon Park
Newmark Capital has announced approved council plans to develop a mixed-used precinct at Brandon Park Shopping Centre including commercial areas and serviced apartments, said Newmark Capital’s Head of Property, Angus Machutchison.
New PBSA Report Reveals Extent of Student Spending
The first-of-its-kind report produced by The Student Accommodation Council in partnership with Accenture, reveals the average PBSA student spends $4,400 per month not including tuition, while the average Australian spends $4,600, says The Student Accommodation Council’s Executive Director Torie...
Experts discuss green and gold decade for Olympic city
Ray White Commercial’s Between the Lines live webinar attracted more than 300 listeners this month as experts discussed south east Queensland’s green and gold decade
GURNER to develop major ‘city changing’ $1.75billion docklands precinct
Tim Gurner's GURNERTM has unveiled its most significant and ambitious project yet; a $1.75bn, city-defining mega-project that will transform the last major site in Melbourne’s Docklands into a world- class mixed-use, botanical destination.
Australia’s construction costs continue to rise at record rates
CoreLogic Research Director Tim Lawless said while the rising cost of construction was not new, the persistent increase in construction costs would continue to have a big impact nationally. CoreLogic Construction Cost Estimation Manager, John Bennett, said the Cordell costings team were...
