Alicia Maynard GAICD

The only way is up - CBRE Upgraders have overtaken first home owners to be the most active residential buyer cohort in Australia, a new CBRE survey shows, says CBRE’s Pacific Head of Research, Sameer Chopra. CBRE’s Pacific Head of Research, Sameer Chopra noted, “In the short-term, until we get meaningful interest rate cuts, I expect upgraders and first home buyers will continue to dominate demand. Down the track, the downsizer and investor market could become more active once there is more confidence in demand and pricing.” “Melbourne has seen less demand from investors due to tax changes and proposed landlord rental standards. This has fuelled increased investor activity in both Adelaide and Perth. Notably, the demand for recently renovated and new properties has remained strong throughout 2024,” CBRE’s Residential Valuations National Director Kat Hale FAPI CPV FRICS said. Read more on The Real Estate Conversation - https://lnkd.in/gvUeT5hF Izzy O'Hara CBRE Asia PacificBader Naaman John Beresford Andrew Rankin Jamie van Burgel Luxury List The ASEAN Developer #CBRE #CBREresearch #CBREinsights #residentialproperty #CBREreport #realestateaustralia #australianrealestate

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💡A thought provoking piece of work has recently released been released called ‘Are industry good organisations good for industry? A reimagined future: finding the #CommonGround ' 💡 the joint piece of work by AGMARDT (The Agricultural and Marketing Research and Development Trust) & KPMG New Zealand is intended to stimulate debate and discussion. NZ is so lucky with the resources housed within our industry bodies, CRIs, cooperatives and others that support the sector. Which other industry provides a complete how-to for anyone entering their sector. Information is certainly not the issue! I think the report certainly highlights a lot of the frustrations currently held and the opportunity to discuss pathways forward. 💡Definitely worth a read and the podcasts hosted by Sarah Perriam-Lampp give a great snapshot of the intent and content of the report.

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Housing Affordability Plummets to its lowest point in almost Three decades - Real Estate Institute of Australia Over the June quarter 2024, housing affordability in Australia declined to the lowest point since REIA monitoring began in 1996. REIA President, Leanne Pilkington said the analysis from REIA’s latest Housing Affordability Report shows the average loan repayment now amounts to 48.1% of the median family income, 1.3 percentage points more than last quarter. “The report highlights the impact interest rate increases and rising inflation have had on Australians in regards to both rent and home ownership.” Ms Pilkington said that while Victoria saw a marginal improvement, and small improvements were also seen in the Northern Territory and the Australian Capital Territory, housing affordability declined in all other states. Read more on The Real Estate Conversation https://lnkd.in/gvbpe-Kf Real Estate Institute of Australia Leanne Pilkington The Real Estate Conversation Richard Simpson Hannah Gill Jacob Caine Cain Cooke Maria Edwards Andrew Bell OAM Olwyn Conrau Victoria Peisley Pete Matthews #reia #leannepilkington #reiamarketreport #australianrealestatemarket #realestatenews #realestate #housingaffordability #realestateaustralia #australianrealestate

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Developing better standards for apartments, then increasing their supply by expanding use of the Residential Growth Zone will unlock more housing choices for Victorians and make better use of our infrastructure. The Business Council of Australia is calling for extensive rezoning across Melbourne and major regional towns to encourage more medium- and high-density housing to be built near infrastructure and services Annika Smethurst reports in The Age today - https://lnkd.in/gYcvEzec Making greater use of the existing Residential Growth Zone mechanism in areas near public transport and services would be a good start. And we should combine this with clearer standards and design guidance on low-rise apartments in the Victorian Planning Provisions. Check out 'Our Home Choices' from Infrastructure Victoria for more detailed evidence, analysis and policy recommendations - https://lnkd.in/eeaNi4rb #housing #choices #zoning #reform #infrastructure

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Join us as he share his insights and personal observations on these vital topics. Dive into the pressing issue of housing in Western Australia, exploring the supply and demand dynamics and their impact on different segments of the #population. We’ll take a closer look at #housing in middle Western Australia, as well as the #challenges faced by those on the brink of #homelessness and the #homeless themselves. A significant point he raise is the issue of vacant properties. Despite a small tax on foreign-owned #emptyhomes, he argue for a larger #tax to deter this practice. Empty homes distort the market and contribute to housing shortages. Bringing these #properties back into circulation could have a positive cascading effect, helping those further down the housing ladder. #australia #perth #devsingh #devsinghperth #devsinghaus #WApol #politics #Political

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It was a great pleasure to join Wellington City Council yesterday to celebrate the launch of their pioneering new Underground Asset Register. With representatives from over 40 wellington-based firms, and many more from further afield, it was standing room only for the release of the Council’s new map-based register: the first of its kind in New Zealand. Barbara McKerrow, WCC Chief Executive, began by setting out the aspiration to make construction “faster, safer, with improved time and cost certainty” and “in a way that we hope can ultimately be rolled-out across the motu”. There could be little doubt that the launch represents a notable achievement. Several countries have identified the same problem and set out to tackle the lack of precise information about exactly what is underground and where it is. Learning from their examples, New Zealand’s capital city has taken the initiative and achieved in little over two years what has elsewhere taken fifteen years or more. Having played a small role through the Bloomberg Harvard City Leadership Initiative, I am struck by the potential to benefit not only the development industry but ordinary, hard-working Kiwis. It’s a conclusion which Greg Skelton, CEO at Wellington Electricity, had also reached. “Hitting an electricity cable is a big concern”, he said, but “at the end of the day, it’s the affordability of these assets that affects our customers”. Denise Beazley, WCC Programme Director, stressed the extent to which “it’s not about the platform, it’s about what the platform enables us to do”. Her message wasn’t lost on Dave Philipson, General Manager for Strategy at contractors GP Friel. “What we’re really trying to change is not the data but the culture”, he announced, “we’ve spent the last 20 years telling our digger drivers that ‘we know things aren’t great just do your best’, but we’re here now to say that we’re going to make a change and do things differently”. “I’ve worked in the construction industry for 20 years and everyone knows our records aren’t very good”, he continued, “I think this initiative has the potential to address that root cause”. It can be easy to overlook the mahi of local government: it treads lightly in its successes and tends only to attract attention when things go wrong. This shouldn't distract us from recognising when initiatives and officers demonstrate real leadership in the public interest. In my opinion, the Wellington Underground Asset Register ticks both boxes.

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Interesting article discussing Richard Crookes’ construction’s recent recapitalization by its owners. Richard Crookes is a high quality, Sydney-based contractor building schools, PBSA projects and apartments. The slow delivery of projects it reports is due to loss-making contracts with sub-contractors going bankrupt- older jobs bid on too low a margin before the surge in inflation of the past 3 years. It’s PBSA pipeline is a matter of concern, with some discussions around whether to go ahead (despite the low beds-to-student ratio in Australia) among stakeholders. This is the essence of Australia’s housing crisis: nothing is getting built, even for the students that are blamed for causing the tight metal market. https://lnkd.in/gK6cV5x8

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IN THE MEDIA 📰📺📲 | Australia is facing dual crises: increasing climate change risks and soaring housing costs. Financial institutions have a crucial role to play in funding and promoting solutions to these challenges, report Ehsan Noroozinejad and Nicky Morrison in 'Architecture & Design' magazine. "Banks have the power to revolutionise how we fund construction. Directing investment into green buildings means future houses can be affordable, sustainable and resilient to climate change." For the full story, go to the link ▶ https://lnkd.in/g82aPGFr

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The missing middle in inclusive residential-grade mid-rise apartments and townhouses is a challenge in Australia due to the lack of "inclusive policies" governing the use and sale of surplus land by the Federal, State and Local Governments across Australia Public Land suitable for residential use. In contrast, the Mayor of London mandates up to 50% of such land for affordable housing, resulting in over 30,000 affordable dwellings on surplus land sold off suitable for residential use. As a proven "Placemaker" with a track record of winning tenders for major urban projects, I have voluntarily set aside 30% to 50% for affordable housing, leading to above-average capital growth and long-term value retention in all my previous major urban projects with no mandatory requirements, just through my initiative and sense of "social responsibility." All my previous major urban projects have achieved above-average capital growth for decades and are tightly held. Also missing across Australia today is a fast-track solution, a fast-to-market solution instead of relying upon slow, inefficient custom construction methods with vast shortages of tradies, a more sustainable solution in advanced modular construction platforms built from Renewable plantation forest trees into Cross Laminated Timber construction with great design, detailing and finishes minimising expensive building materials waste going to landfills which is unsustainable. The Thrive Alliance's expertise is over 100,000 CLT major urban reference projects worldwide, all of which use Engineered wood in Cross-Laminated Timber construction. #Harropfactor #Placemaker #SocialResponsibility #Inclusiveness #residentialgrade #midrise #townhouses. #ThriveAlliance #AffordableHousing #CLT #SydneyHousingCrisis #fasttomarket #sustainability #ThriveConstruct #EssentialWorkers

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🎉 New Podcast Release: Top Risks of Mobile Home Park Investing in Tertiary Markets 🎙️🔥 In this episode of the Passive Mobile Home Park Investing Podcast, host Andrew Keel dives deep into the unique challenges of investing in mobile home parks located in tertiary markets—areas with smaller populations that present both potential opportunities and risks for investors. 🏘️🧑‍🌾 Listen now to discover strategies for overcoming these risks and making informed investment decisions: 👇 👉 https://lnkd.in/dy35VYmD 👈 Key Takeaways From This Episode: * Low population density and the impact of reduced demand in tertiary mobile home park markets * How the distance from key amenities can affect the value and performance of mobile home park investments * Challenges of selling mobile homes in small towns, and effective strategies to overcome these obstacles * Longer travel times for mobile home park owners and operators, and how this impacts management efficiency * The difficulty of finding reliable service providers and contractors in remote areas * The financial risks of infill costs in mobile home park investments in less populated regions * Limited options for utility companies, and how this can complicate mobile home park operations * Public transportation limitations in tertiary markets and their effect on tenant demand and mobile home park investing success If you're considering mobile home park investments in tertiary markets, it's crucial to be aware of these risks and how to mitigate them effectively. 👀🏘️ DM me the word "PDF" and receive our free guide on how to passively invest in mobile home parks. Plus, book a 1-on-1 consultation with Andrew Keel to discuss: - Deal reviews - Due diligence questions - Capital raising tips - Investment mistakes to avoid, and more! 📢 #MobileHomeParkInvesting | #RealEstateInvesting | #InvestmentOpportunities | #ManufacturedHousing | #PassiveIncome

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Congratulations to Australian Sustainable Finance Institute on the launch of the first round of public consultation on the development of an Australian sustainable finance taxonomy. Being involved in the Construction & Built Environment Advisory Group, I can only begin to describe the level of collaboration, consultation, and hard work that's gone into designing and developing an Australian sustainable finance taxonomy that is credible, usable and internationally interoperable, while reflecting the Australian economy and context. Now it's over to you, and in particular, the built environment & construction industry, to have your say. ASFI is seeking feedback on: - the draft headline ambitions for the Australian taxonomy’s environmental objectives, and - the draft climate change mitigation criteria for the first three priority sectors under development (electricity generation and supply, minerals, mining and metals, and construction and the built environment). This public consultation process will run from 9:00am Tuesday 28 May 2024 until 9:00pm Sunday 30 June 2024 (AEST). The development of an Australian taxonomy cannot be done well without First Nations people, ASFI particularly encourages First Nations people to provide feedback.

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Good progress. Affordable and Social Housing is subsidised housing. It plays a critical role ensuring we have the diversity of housing typologies we require to successfully tackle the housing supply crisis. However, important that we don’t lose sight of feasibility challenges that are making many developments cost both the developer and the consumer.

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Welcome to ACT-S, where sustainable property investment meets opportunity. https://lnkd.in/gDisQXdH At ACT-S Capital Fund, we focus on delivering innovative, responsible property development projects that align with Environmental, Social, and Governance (ESG) principles. Our goal is to positively impact both the environment and your investment portfolio, offering institutional and overseas investors a transparent, actively managed platform designed for sustainable growth. Sustainability and ESG Mandate: ACT-S Capital Fund is committed to ESG principles that guide our property development projects. These principles are designed to reduce environmental impact, lower construction costs, and enhance property value over time. Our investment strategy incorporates sustainable building practices that focus on energy efficiency, the use of renewable materials, and reducing the carbon footprint of each project. For example, the Genesis project is targeting a 5-star Green Star rating, ensuring that sustainability is embedded into the core of its design and construction. Proven Expertise and Commitment to Performance: Backed by over 15 years of experience into sustainable property development, ACT-S Capital Fund has a strong track record of delivering high-quality projects that meet the financial and environmental objectives of our investors. Each project is subject to stringent sustainability assessments to ensure compliance with ESG standards. The Fund is actively managed under the guidance of our experienced team, ensuring that all investments are aligned with long-term value creation and sustainability goals. DISCLAIMER:  The ACT-S Capital Fund (Fund) is a retail managed investment scheme in the form of an Australian unit trust. ACT-S Management Pty Ltd is the investment manager of the Fund (Investment Manager). The Investment Manager is a corporate authorised representative (001309563) of DHF Investment Managers (344486). ACT-S Management Pty Ltd 's authority under its Corporate Authorised Representative Agreement with Vasco Trustees Limited is limited to general advice regarding the Fund only. VASCO Trustees Limited is the responsible entityof the Fund (RE) and the issuer of its Product Disclosure Statement (PDS). The Product Disclosure Statement and Target Market Determination for the product is available on the VASCO Trustees Limited ’s website at https://vascofm.com. You should consider the Product Disclosure Statement in deciding whether to acquire, or to continue to hold the product. #investmentfund #capitalinvestment #investmentopportunity #ESGinvesting #sustainable #sustainableinvesting #investment

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As we strive to address the housing crisis, taking inspiration from successful initiatives is crucial. The Mayor of London's 50% for affordable housing mandatory requirement that surplus council land be sold for residential use has yielded impressive results. To follow suit, the minimum requirement for all future NSW Government surplus land sold off for residential use should be up to 50%. In addition, proposed rezoned private land in a 400m-1,200m railway station radius should set aside up to 30% of midrise apartments for affordable housing as a "social responsibility factor". This is crucial in supporting "essential workers" desperately seeking affordable housing near their jobs. Furthermore, the billion-dollar windfall from the rezoning of these areas will be shared with the communities near these railway stations, boosting their value. This will have the added benefit of enabling baby boomers to stay in their communities with a wide range of downsizing options, freeing up family homes beyond the rezoning for the next generation. As a "Placemaker" of major urban projects for the past 50 years, I've always been committed to social responsibility. For example, I've set aside up to 30% of North Adelaide's most exclusive addresses for affordable housing. I've set aside up to 50% of significant housing estates for affordable housing with no mandatory requirements. It's time for all of us to step up and do our part in addressing the housing crisis. #sydney #housingcrisis #essentialworkers #rezoning #socialresposibilty

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The 2025 National Construction Code’s new embodied carbon reporting requirements don’t need to be stressful. Theca Timber’s PEFC certified engineered structures come with ISO and EU EPDs making reporting of embodied carbon for the majority of the structure easy. If you want to discuss how the 2025 NCC changes might impact you please reach out. #Sustainability #GreenBuilding #Architecture #ThecaTimber #EPD #LowCarbon

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