Archive for April, 2008

Coonabarabran Woolworths sold

Monday, April 28th, 2008

A freestanding Woolworths supermarket in Coonabarabran, New South
Wales, has sold in an auction that was conducted by Burgess Rawson.

Frankston property sold early

Monday, April 28th, 2008

A property in Frankston, Victoria, with long secure leases to
Woolworths Petrol and Red Rooster, has sold just prior to auction.

Interest rates impact Melbourne market

Monday, April 28th, 2008

The Real Estate Institute of Victoria has released its March quarter
median prices, which confirm that Melbourne’s house prices have been
impacted by the four successive interest rate increases over the last 8
months.

Housing prices set to cool

Monday, April 28th, 2008

A new report on Australia’s residential sector has highlighted a weaker
short term outlook reflective of sharply higher borrowing costs, labour
rates, and building materials prices.

Australia’s worst locations revealed

Monday, April 28th, 2008

A ‘worst-dressed list’ list of Australian real estate has been released
by national property researcher Hotspotting, focusing on the country’s
‘anti-hotspots’ where property values are predicted to go backwards.

Owner occupier secures Oakleigh opportunity

Thursday, April 24th, 2008

A modern office and warehouse in Oakleigh, Victoria, has sold with vacant possession to an owner occupier.

Confidence shown in Malaga sale

Thursday, April 24th, 2008

According to CB Richard Ellis, the sale of an office and warehouse in
Malaga has demonstrated confidence in the future prospects of the
Western Australian industrial market.

Woolworths bids for Richmond site

Thursday, April 24th, 2008

Woolworths has outbid a private developer to secure a prominent Sydney
development site in Richmond, upon which it plans to develop a new
retail facility.

Double storey Elsternwick office auctioned

Thursday, April 24th, 2008

A double-storey office building with an early 1900s heritage façade in
Elsternwick, Victoria, has sold in an auction that was conducted by Ray
White Commercial.

Ingles second stage underway

Thursday, April 24th, 2008

Gold Coast developer Ingles Group has embarked upon the second
stage of the 100-home Saltwater residential community at Oxenford,
Queensland.