Archive for July 10th, 2008

Prediction: market back on track in September

Thursday, July 10th, 2008

According to at least one large real estate office here in Queensland, the real estate market should return to a more normal state of affairs from September onwards. Things are a bit weird at present, with a shortage of buyers and hesitant sellers, but that might all change in just a few months from now.

Some agents are still doing it tough, with at least one a day asking us, “Are you guys busy?” As real estate photographic company” href=”http://www.highshots.com”>real estate photographers, we chat with a lot of people all over Brisbane, so real estate agents tend to see us as a bit of a barometer of how other real estate agents are going. If they’re finding it hard to get the listings, they want to be sure that lots of other real estate agents are quiet too. It’s that weird real estate agent schadenfreude.

So all of those struggling real estate agents will be looking forward to a return to the good ol’ days. Well, maybe not quite the 2004 days, but at least not quite as dire as they are at present.

Yamanto Shopping Village sold

Thursday, July 10th, 2008

Yamanto Shopping Village has been sold by agents of Jones Lang LaSalle
to a private investor following 85 strong enquiries from across
Australia.

Sun shines on office sale

Thursday, July 10th, 2008

A two-storey office building at Kawana on the central Sunshine Coast
has been sold via tender by agents of Savills Sunshine Coast,
reflecting a yield of 7.31%

Mixed-use Waverley property auctioned

Thursday, July 10th, 2008

A mixed two-storey freehold retail and residential building in
Waverley, New South Wales, has sold at auction following competitive
bidding between two main bidders.

McMahons Point apartment block sold

Thursday, July 10th, 2008

A private investor has purchased a freestanding block of four strata titled apartments in McMahons Point, New South Wales.

RNA announces redevelopment shortlist

Thursday, July 10th, 2008

The Royal National Agricultural and Industrial Association of
Queensland today announced the shortlist of organisations to
redevelop the $65 million first stage of the RNA site.

Fringe showcased by marketed portfolio

Thursday, July 10th, 2008

A commercial portfolio comprising four Brisbane properties with a
combined value of approximately $35-$40 million is being marketed
nationally.

High times for Raptis Group

Thursday, July 10th, 2008

According to the Raptis Group, the retail precinct of High
Street, which is located within the $700 million Hilton Surfers
Paradise Hotel and Residences mixed use development, will be released
next week.

Social housing success underpinned by design

Thursday, July 10th, 2008

A recent competition entitled Living Places has emphasised design
as being one of the key factors underlying social housing success
within the Victorian architectural community.