What Happened to the Markets in June
Interest rates are the Siamese twins to real estate activity. Sooner or later, increasing interest rates are bound to cause purchasers to hold their breath, sit on their hands, and wait for further signs that one should become aggressive in the market. It took four interest rate increases in Australia for this to happen. New ...Read the story ...

Ray White Expands to Waiheke Island July 29, 2010
The Ray White Group in New Zealand has continued its expansion and will open a new office on the key tourist destination of Waiheke Island in Auckland’s Hauraki Gulf. Leading Waiheke Island real estate identity Matthew Smith has decided to join his company Matthew Smith Real Estate with Ray White. “The move to Ray White allows me to take a step forward in my business growth plans,” Mr Smith said. “Ray White provides an additional network which is increasingly important given that Waiheke Island has many property owners who live in Auckland and beyond.” The business will start operating under the Ray White brand ... Property in Spring July 28, 2010
There’s a long established trend in the Australian real estate market for vendors to wait until winter is over and for the weather to get warmer before listing their home to sell. They might have been told by well-meaning friends and even some agents that they’ll get a better price when their garden is in bloom and looks its best. Historically, some buyers used to get drawn into the winter lull too – staying home instead of going to evening open homes in the dark or on cold and windy weekends. Interestingly, there’s been a paradigm shift in recent times but ... Cowra Rural Real Estate and Livestock Market July 23, 2010
Cowra has a new player in its Rural Real Estate and Livestock Market. Ray White Rural Emms Mooney Cowra is the brand new result of the merger between some of the Central Tableland’s largest Rural Real Estate and Livestock Businesses. Longtime local agents Kevin Wright and Chris Daley are now part of Ray White Emms Mooney Cowra, a locally owned and operated Livestock and Real Estate Agency created through the merger of Ray White Oberon and Emms Mooney and Co in March. 2010. Ray White Oberon was established by Patrick Bird in 2006 and quickly became the leading Oberon Real Estate office in ... Super Profits Tax Impacts on Property July 22, 2010
CONTROVERSY over the proposed resource super profits tax had an adverse impact on mining town property markets, according to Australasia's largest real estate group, Ray White. Ray White joint chairman Brian White said the group's results in Queensland last month were down 18% and resourcedependent regions such as Mackay felt the tax impact particularly hard. But Mr White said activity picked up almost immediately the federal government reached a compromise deal with major mining industry players. "We didn't expect the controversy over the Resource Super Profits Tax to impact on property but it did," Mr White said. "The Ray White results in the mining ... Sunshine Hinterland Coast Property July 20, 2010
Scott and Fiona Wilson fell in love with the historic village of Montville in the Sunshine Coast hinterland when they visited on their honeymoon. Just over a decade later the couple from Yeppoon in Central Queensland realised their dream when they became the owners of the Misty View Cabins at Montville. They bought the hinterland getaway to experience a tree change with a difference and expected to spend many enjoyable years running the resort and relishing the spectacular views and the tranquil rainforest gardens. But the ties of family have forced the Wilsons to put the cherished property on the market and move ... Property Buyers Waiting for Spring July 19, 2010
WE'RE only halfway through the winter, but at the top end of the country's housing markets sellers are waiting for the spring. Early this year, the stock market rebounded and shook off the global financial crisis malaise. Top-end buyers thought they had waited long enough and a flurry of sales took place. The May sale of private equity investor Patrick Keenan and his wife Elizabeth's three-level European-style villa in eastern Sydney's Vaucluse was the last big top-end sale, for $26.75 million. In March, developer Zig Inge sold the former Baillieu family's estate in Melbourne's Toorak for nearly $25m. And late last year the sale ...

Scarborough Seaside Development Site July 28, 2010
A major seaside redevelopment site at Scarborough, 30 radial km north of Brisbane, is being offered for sale by tender through Ray White Special Projects Queensland. The Scarborough Hotel and surrounding land and buildings has been listed for sale with Ray White Special Projects Queensland directors Mark Creevey and Tony Williams. Mr Creevey said the 7,643 sqm beach front site at 113 Landsborough Avenue offered extensive opportunities for investors, owner occupiers and developers looking for property in the Redcliffe precinct. “The site is ... Gold Coast Commercial Property Lease July 26, 2010
A custom built warehouse in an industrial site north of the Gold Coast is available for lease by tender through Ray White Commercial M1 North. Located at 43-53 Days Road, Upper Coomera, the warehouse encompasses over 22,000 sqm of storage space on 4.44 ha of industrial land. Karen Seeto of Ray White Commercial M1 North said the property offered tenancies with flexible specifications ranging in size from 1,000 sqm to 16,000 sqm. “The property is close to the Coomera town centre and also ... Toondah Harbour Commercial Property July 21, 2010
Two substantial CSIRO properties on Brisbane’s bayside are for sale through Ray White Commercial Queensland. Ray White Special Projects Queensland Directors Mark Creevey and Tony Williams and Ray White Commercial Bayside Directors Nathan Moore and Michael Keddy will offer for sale by separate public tenders two mixed use development sites at Toondah Harbour, Cleveland. The sites are located next to the Stradbroke Island Ferry Terminal and have been used by CSIRO as a marine research facility for the past 30 years. The first ... National Tax Firm Opens First Queensland Office July 20, 2010
Expanding taxation business Tax Today has opened its first Queensland office at Logan Central on Brisbane’s southside. The tenancy located in the heart of Logan on Wembley Road is the seventh nationwide outlet for Tax Today, which already has five offices in Sydney and one in Melbourne and is also planning to set up an office on the Gold Coast. The three year lease with a three year option at 94 Wembley Road was negotiated by Deepen Khagram and Shamir Patel, the ...

Brisbane City Super Auction 60 Properties July 30, 2010
More than 60 properties will go under the hammer at a mega residential auction in Brisbane. Ray White Urban Living Group, which was formed 18 months ago by a number of Ray White branches based around the Brisbane CBD and inner suburbs, is hosting the event at Fortitude Valley’s Emporium Hotel from 10.30am on Friday 30th. Ray White’s corporate auctioneer Phillip Parker and the principal of Ray White New Farm, Haesley Cush, will be auctioneers on the day. Ray White South Brisbane principal ... Inner City Brisbane Property Auction July 19, 2010
Australasia’s largest real estate and property group, Ray White, is hosting a mega residential auction event in Brisbane this month featuring more than 60 properties. The auction is being staged by Ray White’s Urban Living Group, which was formed 18 months ago by a number of Ray White branches based around the Brisbane CBD and inner suburbs. The Principal of Ray White South Brisbane, Dean Yesberg, said a wide range of properties had been listed for the sale at the auction event, ... Ipswich Property Goes to Auction July 1, 2010
ONE of Ipswich’s most-haunted buildings will go under the hammer when The Old Flour Mill is auctioned this month. The historic Brisbane Street complex features 15 tenancies and 1088sq m of floor space to let over four levels. It was this year named one of the region’s most-haunted locations in a book by historian Jack Sim. Opened in 1901 for the Ipswich Flour Milling Company, the building was used by Cribb and Foote in 1910 and became a car showroom in 1926. It is ... Tweed Heads Church Complex Up For Auction June 28, 2010
A 3.4ha special purpose-zoned site in Tweed Heads currently used as a church complex is being offered for sale at auction by Ray White Special Projects Queensland. The site, located at 56 Caloola Drive, encompasses the Lakeside Christian Church and is currently tenanted by Southern Cross University. Sam Biggins of Ray White Special Projects Queensland said the property provided solid rental returns and had strong potential for future capital gains. “The property currently nets approximately $242,000 per annum,” Mr Biggins said. “Ancillary buildings are ...