The latest home value index results from Corelogic showed the strongest monthly rate of growth in national dwellings since August 2003. A striking feature of the current upswing is the pace at which the “high” end of the market has risen in recent months. The high end of a market is measured by Corelogic in…
Westpac Forecasts 20pc House Price Gains
Westpac is forecasting 20 per cent gains in the housing market over the next two years. In a report released Monday, the banking institution’s chief economist Bill Evans said he was expecting dwelling prices to rise 10 per cent nationally in 2021, and said the pace would continue into 2022, off the back of strong economic…
New prestige Burleigh Heads development offering five-star lifestyle
Mondrian five-star hotels and branded residences are located in some of the world’s most popular destinations. Now, the lure of five-star luxury living is coming to Burleigh Heads on the Gold Coast. Vitale Projects has teamed up with hospitality group sbe, hotel group Accor, interior designers Studio Carter and architectural group Elenberg Fraser to bring…
Amazon Unveils ‘Helix’ Tower at $2.5bn Headquarters
Amazon plans to build a tree-lined, helix building as part of its US$2.5bn HQ2 headquarters in Arlington, Virginia. The tech giant has lodged an application for a sculptural building at PenPlace which will contribute to 260,000sq m of office space across the three 22-storey buildings and campus grounds. The announcement comes as company founder Jeff…
More Victorians Look To Move North
An increasing number of residents in Victoria are looking to permanently leave the state after the imposition of new COVID-19 restrictions – and many have Queensland in their sights. Adam Coward, chief revenue officer at removalist booking firm Muval, told 9 News that his company’s website has seen a dramatic spike in visitors over the…
Australia’s Luxury Market “Most Resilient”
Australia’s prime residential market was the strongest performer during the second quarter of the year, with prices remaining resilient despite the impacts of the COVID-19 outbreak, according to the latest study by Knight Frank. The Australasian and the North American region were the most resilient during the quarter, but the former reported the strongest performance…