Latest property News

Investors run over by Hungry Jack's rent cuts

Monday 27 Apr 2020

Standing outside the Hungry Jack's at the highway stop on the road to Geelong, retirees Peter and Robyn Radford feel like they've been run over by 'Big Retail'. Along with about 100 other investors, the Radfords, both in their early 70s, are unit holders in an unlisted property fund that owns service centres on both sides of the Princes Freeway at Little River. Distributions for the fund, totalling 8¢ per unit annually and paid monthly, have been cut in half for April after Hungry Jack ....

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Singapore builds beds as COVID-19 cases surge

Monday 27 Apr 2020

Singapore is rapidly building bed space for coronavirus patients in cavernous exhibition halls and other temporary facilities as it faces a surge in cases, mainly among its large community of low-paid migrant workers. The tiny city-state of 5.7 million people has over 12,000 confirmed infections of the virus, one of the most in Asia, due to outbreaks in cramped dormitories where over 300,000 mainly south Asian workers live. One such facility at Changi Exhibition Centre - home to the Singapo ....

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Workers urged to download app to kick-start post-COVID-19 economy

Monday 27 Apr 2020

Big employers will urge their staff to download a new contact tracing phone application to help the nation safely return to work as the federal government on Sunday evening launched the critical next phase of the pandemic lockdown. Health authorities are expecting more than half of all Australians to download the voluntary COVIDSafe contact tracing app, which logs every user who has been within 1.5 metres of a person for 15 minutes or more by using Bluetooth technology to record digital “h ....

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Retailers and landlords seek 'common ground' as negotiations threaten to turn ugly

Monday 27 Apr 2020

The chief executive of one of Australia's largest retail landlords says it's been hard to find common ground with some major retailers over rental payments as the two sectors butt heads amid coronavirus-induced store shutdowns. Vicinity chief executive Grant Kelley told The Age and The Sydney Morning Herald while the $4.7 billion proprietor had come to a number of amicable agreements with some larger retail clients, negotiations with some parties had stalled. "We agree with t ....

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Only 'real sellers' left in dismal auction market

Monday 27 Apr 2020

A rapid decline in listings and auctions has forced 'tyre kickers' out of the market and is driving deals between buyers and sellers who have little choice but to get transactions done. The already-slowing residential markets weakened further on an Anzac Day weekend when 99 of the scheduled 434 auctions were withdrawn ahead of time. Just 39 properties of the 224 auction results known by Sunday had sold, with a further 52 sold prior, data provider CoreLogic's figures showed. COVID-19 restrictions ....

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Sydney a 'buyer's market' as property asking prices fall during COVID-19

Thursday 23 Apr 2020

Economists are increasingly calling Sydney a buyer's market as key suburbs in the city suffer a fall in asking prices due to conditions created by COVID-19. Data compiled exclusively for Nine News by My Housing Market found suburbs in the Canterbury-Bankstown area, Sydney's north west and south have all had significant falls in asking prices and a rise in the number of homes for sale. In Canterbury-Bankstown the median asking price has fallen 5.2 percent in the past month to $970,000 and listing ....

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Virtual auctions selling houses

Wednesday 08 Apr 2020

Among the many industries hit hard by the COVID-19 crisis, real estate has faced the challenge of how to sell someone the biggest investment of their life whilst adhering to strict new social distancing rules. Under current regulations, auctions can no longer be conducted onsite or in auction rooms, although virtual auctions can go ahead. Open homes can no longer be conducted although private inspections can be negotiated with one agent and one client group and a maximum of two people per v ....

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Bushfire Appeal

Tuesday 07 Jan 2020

Our country is burning. The Australian bushfires have ravaged some communities in the most unimaginable ways. The wildfires have so far killed at least 24 PEOPLE, burned more than 12 MILLION ACRES, nearly 2000 HOMES have been destroyed and over 500 MILLION ANIMALS have been killed.  During this time of crisis, this is what you can do to help those affected by the devastation:   Australian Red Cross Disaster Recovery and Relief- Working at evacuation centers and helping people to get in ....

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How to upcycle your furniture with a coat of paint

Wednesday 18 Dec 2019

If you have an old piece of furniture lying around, you can easily transform it into something that can change the feel of a room. Breathing new life into your furniture can be as easy as a few simple brushstrokes. Known as ‘upcycling’, painting or decorating your furniture is also a fun weekend project that can be done in a small space, garage or on your balcony. 1. What’s your style? If you are keen on making over, begin with choosing a style or color that you are most c ....

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Top 5 Style Tips for a Cosy Christmas Home

Thursday 12 Dec 2019

 ‘’The best gift around the Christmas tree is the presence of family, wrapped in love’’. Christmas is all about spending time with our loved ones, family, friends and children. Decorating your home for Christmas is an opportunity to have some fun and a chance to show off your house off a little when your friends are over.   1. Styling your Christmas Tree Christmas tree plays a big part in styling your home, it is the centerpiece of your holiday décor. Getti ....

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