The Brief. NSW Update.

NSW UPDATE

The Brief.

Be Informed.

If you haven’t yet received the new edition of our Informer Magazine please let us know and we will have one sent or dropped off to you.

Published exclusively by ResortBrokers since 2002, Informer is Australia’s most widely distributed accommodation business and property market magazine. If you want to know which way the industry is heading, then you need to get a hold of a

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SETTLEMENTS IN THE 18/19 FY

OUR LATEST EDITION OF INFORMER IS OUT! copy and get up to speed. In this latest edition, ResortBrokers Managing Director Ian Crooks gives his overview and summary of the main topics which include why accommodation operators must embrace sustainability.

There’s also a feature on Carl Wu’s management rights success story, a family developer making its mark on the Gold Coast, some great solutions for independent operators

$50M+

IN SALES

help guests while driving direct bookings and the new Valuation Views section where specialist accommodation valuers provide market insights!

#weareeverywhere

#weareeverywhere

#weareeverywhere

#weareeverywhere

#WeAreEverywhere.

OUR TEAM HAS EXPANDED IN NSW AND WE ARE EVERYWHERE, AND OUR AIM IS TO HELP ALL OWNERS, OPERATORS AND BUYERS WITHIN THE STATE. We’re also backed by a truly national network which means we can deliver what you need and connect buyers and sellers across Australia.

Introducing the new & current dedicated NSW team Russell Rogers

Greg James

Jason Porteous

Jason Vogler

Our expert team of brokers has all of NSW covered, and we’re able to service the market and ensure that everything goes smoothly, from sale to settlement.

Watch this space for more to come from these driven, enthusiastic and determined professionals.

Jacqueline Featherby

NEW LISTINGS EXCLUSIVE

LH005915

Jumbuck Motel Inn , Tenterfield.

EXCLUSIVE

EXCLUSIVE

FH005848

FH005919

Tuggerah Shore Van Park , Tuggerawong.

Stockmans Motel , Tamworth.

#weareeverywhere

#weareeverywhere

#weareeverywhere

NSW Visitor Stats Go Gangbusters.

FOR THE YEAR ENDING MARCH 2019

NSW RECEIVED

NSW RECEIVED A RECORD $11 BILLION IN INTERNATIONAL VISITOR EXPENDITURE, ACCORDING TO THE LATEST INTERNATIONAL VISITOR SURVEY RESULTS AND CONTINUES TO LEAD THE COUNTRY IN ATTRACTING INTERNATIONAL VISITORS. The statistics were compiled for the year ending March 2019 and showed NSW welcomed just over 50 percent of all international visitors to Australia, which led to the $11 billion milestone being achieved for the first time.

NSW remains the top destination for 10 of the top 15 source markets to Australia, including China, USA, United Kingdom, Korea, Hong Kong, Germany, Canada, France and Indonesia.

• China remained Australia’s leading tourism market during the year ending March 2019, with numbers increasing by 3% to 1.3 million visitors, while trip spend increased 10% to reach $12 billion, an additional $1.1 billion.

• Visitor numbers from New Zealand increased by 2% during the year to reach 1.3 million. Trip spend also increased 2% to reach $2.6 billion.

• India continued as the strongest growth market, with visitor numbers up 15% to 343,000, nights up 21% to 20.9 million, and trip spend jumping 12% to reach a record $1.7 billion.

over

50%

of all international visitors to Australia

$11B

international visitor expenditure

• Visitation from the UK was soft, down 4% to 673,000 visitors, with nights down 6% to 21.4 million, and trip spend down 5% to $3.3 billion.

• US visitation returned mixed results. Visitor numbers remained steady at 750,000, while nights fell by 8% to 13.1 million, and trip spend increased 6% to reach $4 billion, which suggests a better result for high yield visitors.

NSW also received its highest ever share of visitor nights to regional Australia, which confirms that the word is spreading about the unique experiences guests can enjoy in areas such as the Central Coast, South Coast, Mid-north Coast and Hunter region.

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its highest ever share of visitors nights to

Regional Australia

NEW LISTINGS EXCLUSIVE

EXCLUSIVE

LH0055779

Garden City Motor Inn, Wagga Wagga

EXCLUSIVE

FH005898

FH 005820

Red Cedar Motel, Muswellbrook.

Coachmans Eden, Eden

The Rise of MHEs. ARE YOU A CARAVAN PARK OWNER OR OPERATOR? THEN THE MHE INDUSTRY WANTS YOU! Manufactured Housing Estates allows buyers to purchase a home, but not the land it sits on.

Residents pay rent for the site, which also covers management of the community and use of usually extensive resort-style facilities.

If you own a caravan park right now, particularly a mixed-use property catering for both tourists and permanent residents, you are sitting pretty. You’ve become what’s known in investment parlance as an ‘acquisition target’.

Corporate buyers are circling, and it is a seller’s market.

There are two major economic and social factors – housing affordability and the aging baby-boomer population bubble – which are the principal catalysts for a boom in MHE development.

Many tenants are also eligible for Commonwealth rent assistance which provides guaranteed income for operators.

Driven by this demand, caravan parks are currently highly sought-after in NSW. There are approximately 900 caravan parks in NSW and the leaders in MHE

developments are on the look out to acquire more over the next few years.

ResortBrokers Australia has handled a number of sales to MHE developers and operators on behalf of caravan park, mixed-use and greenfield site owners, and is also working to facilitate working partnerships between owners, investors, operators and developers in the sector.

Call us to find out more.

SOLD PROPERTIES SO

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MANAGE ME NT RI GH TS

Emporia Campsie

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M OT EL

Motel Kempsey

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MOT EL

Peter Allen Motor Inn

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Quest Maitland

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CAR AVAN / CAB I N PA RK

Woombah Woods Caravan Park