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…
SAILAWAY SUCCESS – The Boatyard Bulimba
The opportunity to secure a place in Bulimba’s prestige Boatyard development is running out, with just two of the luxury four-bedrooom riverfront apartments remaining. In a rush to snap-up a prestige riverfront home in Brisbane, recent sales in the development included a local downsizer from nearby Balmoral, and a Sydney buyer who purchased an apartment…
Sydney Central’s $2.5bn Tech Hub Plans
Listed property giants Dexus and Frasers Property Australia have announced the design team behind their $2.5 billion Central Place Sydney in the government-backed technology precinct next to Central Station. The twin-tower proposal, designed by architects Fender Katsalidis and Skidmore, Owings and Merrill, was selected following an international design competition by the City of Sydney, 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…
