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Sydney, Melbourne and Brisbane rental vacancy rates double, tripling and quadrupling in a year

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sydney melbourne and brisbane rental vacancy rates double tripling and quadrupling in a year

Renters wanting to live in a major city centre are in prime position to secure a bargain, with the level of empty properties in central business districts either doubling, tripling or quadrupling in just a year.

Residential vacancy rates in the heart of Sydney have continued to increase, rising from 13.8 per cent in April to a new record high of 16.2 per cent in May, new data from SQM Research showed.

The level of empty investment apartments in the centre of Australia’s biggest city is now double what it was a year ago.

Residential vacancy rates in Sydney's central business district have continued to increase, rising from 13.8 per cent in April to 16.2 per cent in May, new data from SQM Research showed. The level of empty investment apartments in the centre of Australia's biggest city is now double what it was a year ago. Pictured is an apartment at Haymarket

Residential vacancy rates in Sydney's central business district have continued to increase, rising from 13.8 per cent in April to 16.2 per cent in May, new data from SQM Research showed. The level of empty investment apartments in the centre of Australia's biggest city is now double what it was a year ago. Pictured is an apartment at Haymarket

Residential vacancy rates in Sydney’s central business district have continued to increase, rising from 13.8 per cent in April to 16.2 per cent in May, new data from SQM Research showed. The level of empty investment apartments in the centre of Australia’s biggest city is now double what it was a year ago. Pictured is an apartment at Haymarket

At Palm Beach, an ultra-expensive enclave on Sydney's Northern Beaches, the vacancy rate stands at 16.7 per cent

At Palm Beach, an ultra-expensive enclave on Sydney's Northern Beaches, the vacancy rate stands at 16.7 per cent

At Palm Beach, an ultra-expensive enclave on Sydney’s Northern Beaches, the vacancy rate stands at 16.7 per cent

Median unit rents across greater Sydney have plunged by 5.2 per cent during the past year to $476.50 in a week.

At Palm Beach, an ultra-expensive enclave on Sydney’s Northern Beaches, the vacancy rate stands at an even higher 16.7 per cent.

City centre rental vacancy rates in May 2020 versus May 2019

SYDNEY: 16.2 per cent (8.1 per cent)

MELBOURNE: 9.3 per cent (2.2 per cent)

BRISBANE: 13.3 per cent (4.5 per cent)

ADELAIDE: 7.8 per cent (2.6 per cent)

CANBERRA: 7.7 per cent (3.5 per cent)

PERTH: 6.0 per cent (unchanged)

HOBART: 2.7 per cent (0.9 per cent)

DARWIN: 5.0 per cent (6.3 per cent) 

Source: SQM Research rental vacancies for May 2020. Brackets denote May 2019 figure

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Brisbane’s CBD also offers plenty of choice with 13.3 per cent of rental properties lying empty – triple the level of a year ago.

Downtown Melbourne also had a high rental vacancy rate of 9.3 per cent in May, up from 7.6 per cent in April and at a level four times higher than May 2019.

Southbank, across the Yarra River from the Melbourne CBD, has an even more elevated 16.8 per cent vacancy rate. 

The mid-point price for rent across the Victorian capital has fallen by an annual pace of 4.5 per cent to $404.90. 

SQM Research managing director Louis Christopher said renters were likely to keep having plenty of choice as Australia’s national border remained closed.

‘Still no imminent opening of the international border, I still think rental vacancy rates are going to remain elevated for 2020,’ he said.

City centre areas also suffered the most from the coronvavirus shutdowns, Australian Bureau of Statistics payroll data showed. 

Between March 14, before the COVID-19 trading restrictions, and the end of May, the number of jobs in central Sydney and Melbourne both plunged by 10.6 per cent, a level significantly deeper than the national average of 7.5 per cent.  

CommSec chief economist Craig James said the central business districts of Australia’s biggest cities had suffered the most from the shutdowns.

‘Inner-city Melbourne and Sydney have been hardest hit regions in terms of job losses as more people work from home,’ he said.

Brisbane's CBD also offers plenty of choice with 13.3 per cent of rental properties lying empty - with the level tripling in a year. Pictured is a view of the city centre from South Bank

Brisbane's CBD also offers plenty of choice with 13.3 per cent of rental properties lying empty - with the level tripling in a year. Pictured is a view of the city centre from South Bank

Brisbane’s CBD also offers plenty of choice with 13.3 per cent of rental properties lying empty – with the level tripling in a year. Pictured is a view of the city centre from South Bank

‘The knock-on effect has been felt by cafes, restaurants and a range of service businesses like gyms and hairdressers.’ 

The Reserve Bank of Australian noted in the minutes of its June board meeting that ‘economic activity in Australia had contracted very significantly in late March and April’.

But it said ‘more recent data had suggested that it had begun to recover over the course of May’.

In the lead-up to the coronavirus shutdowns, capital city property prices had risen by 1.6 per cent in the March quarter to be 7.4 per cent stronger over the year, new ABS data showed.

Downtown Melbourne also had a high rental vacancy rate of 9.3 per cent in May, up from 7.6 per cent in April and at a level four times higher compared with May 2019. Pictured is the view of Flinders Street from Docklands

Downtown Melbourne also had a high rental vacancy rate of 9.3 per cent in May, up from 7.6 per cent in April and at a level four times higher compared with May 2019. Pictured is the view of Flinders Street from Docklands

Downtown Melbourne also had a high rental vacancy rate of 9.3 per cent in May, up from 7.6 per cent in April and at a level four times higher compared with May 2019. Pictured is the view of Flinders Street from Docklands

Sydney property prices had surged by an annual pace of 10 per cent while Melbourne saw an even bigger 10.4 per cent increase. 

Sydney house prices rose by 2.6 per cent in the opening months of 2020 while Melbourne’s equivalent values rose 2.3 per cent over the quarter.

ABS chief economist Bruce Hockman said the COVID-19 shutdowns in the final week of March had not affected real estate values.  

‘The majority of restrictions relating to COVID-19 came into effect in late March and therefore did not have a noticeable impact on property prices in the March quarter 2020,’ he said.

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Mums who have transformed their bodies share how to lose five kilos in a month

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mums who have transformed their bodies share how to lose five kilos in a month

A group of Australian mothers have shared their best weight loss tips after transforming their bodies, so you can lose five kilos by the end of October.

The women all believe that significant loss of fat comes down to controlling your portions, avoiding added sugar and trying to incorporate movement into your everyday life.

Mother-of-five Hannah Pech lost 34 kilos and went down four dress sizes in 18 months when she started on The Healthy Mummy challenge, which incorporates simple – but effective – strategies to help individuals eat smarter and train harder.

Mother-of-five Hannah Pech (pictured) lost 34 kilos and went down four dress sizes in 18 months when she started on The Healthy Mummy challenge

Mother-of-five Hannah Pech (pictured) lost 34 kilos and went down four dress sizes in 18 months when she started on The Healthy Mummy challenge

Mother-of-five Hannah Pech (pictured) lost 34 kilos and went down four dress sizes in 18 months when she started on The Healthy Mummy challenge

‘I often do three HIIT workouts at home a week and sometimes include some boxing. I do a run or walk 2-3 times a week too and sometimes a bike ride,’ she said.

She tries not to overthink the food she’s eating and keeps snacks simple, like an apple, popcorn or some ham and cheese for afternoon tea.

For her kids, Hannah often creates ‘platter dinners’ where she puts a host of fruits, vegetables and treats in a segmented container.  

‘The only rule is my five kids have to choose at least one thing from each of the sections,’ she said.

Hannah often creates 'platter dinners' where she puts a host of fruits, vegetables and treats in a segmented container.

Hannah often creates 'platter dinners' where she puts a host of fruits, vegetables and treats in a segmented container.

 Hannah often creates ‘platter dinners’ where she puts a host of fruits, vegetables and treats in a segmented container.

'The only rule is my five kids have to choose at least one thing from each of the sections,' Hannah said (another 'platter dinner' pictured)

'The only rule is my five kids have to choose at least one thing from each of the sections,' Hannah said (another 'platter dinner' pictured)

‘The only rule is my five kids have to choose at least one thing from each of the sections,’ Hannah said (another ‘platter dinner’ pictured)

Typical snacks she puts in the sections include broccoli, corn on the cob, strawberries, cheese slices, blueberries, crackers and popcorn. 

‘I find that this encourages them to try new foods, be independent and get to recognise how much they need to eat (instead of me always filling their plates up),’ Hannah said. 

‘It also helps with the mid-week craziness and making sure they get fed healthily in the middle of the week.’  

Hannah’s tips for losing weight:  

Control your portions: Portion control is one of the most important factors in weight loss, weight maintenance and weight gain, especially when you are trying to lose weight.

The Australian Dietary Guidelines recommends that you eat from a variety different food groups each to get a range of vitamins and nutrients to support your health.

Move more: For some people, a daily walk and some weekly strength training are enough to see great results.

For others, you might need to get more of a sweat on to see the benefit. Try alternating your walks with jogging or a light run. Increase your strength training as this helps to build muscle which means you will burn more calories even from your daily movements.

Ditch processed food: Cut out processed food and things like white bread, rice and pasta and have wholegrain and wholemeal versions instead which are high in fibre and vitamins.  

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Healthy Mummy follower shows what 500 grams of fat looks like (pictured)

Healthy Mummy follower shows what 500 grams of fat looks like (pictured)

Healthy Mummy follower shows what 500 grams of fat looks like (pictured)

Mum-of-three Kylie, another Healthy Mummy devotee, has lost 37 kilos on the weight program and stresses the importance of meal prepping. 

She uses the company’s app to brainstorm meals each week for her family, like teriyaki chicken with rice and greens and strawberry and dark chocolate parfaits as a sweet snack.  

For a savoury snack, Kylie tends to grab a snack plate with veggie sticks and dip.

Then she pre-chops vegetables and protein needed for specific meals and makes a few lunches and dinners at a time. Overnight oats can also be prepared and put in the fridge ahead of time for breakfast.

Avoiding excess sugar in granolas, sweet drinks, supermarket sauces and pre-packaged snacks is also one of the easiest ways to lose fat and prevent excess bloating around the stomach.        

‘Ensure that you are eating enough protein in your meals and snacks. This helps you to feel fuller for longer and gets your metabolism firing. Think nuts, LSA, boiled eggs, poached chicken, natural peanut butter and tofu,’ Kylie said.

Mum-of-three Kylie, another Healthy Mummy devotee, has lost 37 kilos on the weight program and stresses the importance of meal prepping

Mum-of-three Kylie, another Healthy Mummy devotee, has lost 37 kilos on the weight program and stresses the importance of meal prepping

Mum-of-three Kylie, another Healthy Mummy devotee, has lost 37 kilos on the weight program and stresses the importance of meal prepping

Kylie’s tips for losing weight:  

Meal prep: She uses the company’s app to brainstorm meals each week for her family, like teriyaki chicken with rice and greens and strawberry and dark chocolate parfaits as a sweet snack.  

For a savoury snack, Kylie tends to grab a snack plate with veggie sticks and dip.

Then she pre-chops vegetables and protein needed for specific meals and makes a few lunches and dinners at a time. Overnight oats can also be prepared and put in the fridge ahead of time for breakfast.

Avoid excess sugar: Stay away from granolas, sweet drinks, supermarket sauces and pre-packaged snacks.

Increase your protein and fibre levels: This will make you feel fuller for longer, so you’re not craving something sweet. 

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Mother-of-four Kim White, who lost 37 kilos in 13 months, said it’s important to see how much weight you’ve lost – even if it’s only 500g – in a physical object, to motivate you to keep going.

‘Sometimes seeing the weight you have lost in an actual object you can see or lift makes you appreciate all the hard work you have done,’ she said.

‘Try finding something equal to what you have lost and lift it. My daughter weighs 30 kilos. I have lost more than my daughter! I have lost a whole little person off my body. I struggled to lift her. She thought it was awesome.

Mother-of-four Kim White, who lost 37 kilos in 13 months, said it's important to see how much weight you've lost - even if it's only 500g - in a physical object, to motivate you to keep going

Mother-of-four Kim White, who lost 37 kilos in 13 months, said it's important to see how much weight you've lost - even if it's only 500g - in a physical object, to motivate you to keep going

Mother-of-four Kim White, who lost 37 kilos in 13 months, said it’s important to see how much weight you’ve lost – even if it’s only 500g – in a physical object, to motivate you to keep going

Kim’s tips for losing weight: 

Recognise how much weight you’ve lost: ‘Sometimes seeing the weight you have lost in an actual object you can see or lift makes you appreciate all the hard work you have done,’ she said.

‘Try finding something equal to what you have lost and lift it. My daughter weighs 30 kilos. I have lost more than my daughter! I have lost a whole little person off my body. I struggled to lift her. She thought it was awesome.’

Make meals go further: She also swears by meal prepping to lose weight but says that the added side effect is saving money. 

‘Add vegetables or legumes to a meal to bulk out. If you can, try and make the meal into two meals. I’ll make Mexican chicken and we will have it in wraps with salad and then nachos the next night. 

‘Use a slow cooker too as meat shrinks less and you’re not having to use oil to cook.’

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‘I don’t know how my body carried that much extra weight for so long. I actually feel sad for my body enduring such weight.’

She also swears by meal prepping to lose weight but says that the added side effect is saving money. 

‘Add vegetables or legumes to a meal to bulk out. If you can, try and make the meal into two meals. I’ll make Mexican chicken and we will have it in wraps with salad and then nachos the next night. 

‘Use a slow cooker too as meat shrinks less and you’re not having to use oil to cook.’

This post first appeared on dailymail.co.uk

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You can now buy Messina TOPPINGS for your ice cream and gelato at home

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you can now buy messina toppings for your ice cream and gelato at home

Australia’s beloved Gelato Messina has released a new range of take-home toppings for customers to add to their favourite ice cream or gelato.

The selection features three different flavours, including chocolate hazelnut, caramel and peanut butter.

Each 350-gram bottle contains 17.5 servings and is priced at $12, or $30 for the trio.

Australia's beloved Gelato Messina has released a new range of take-home toppings for customers to add onto their favourite ice cream or gelato

Australia's beloved Gelato Messina has released a new range of take-home toppings for customers to add onto their favourite ice cream or gelato

Australia’s beloved Gelato Messina has released a new range of take-home toppings for customers to add onto their favourite ice cream or gelato

The selection features three different flavours, including choc hazelnut, caramel and peanut butter

The selection features three different flavours, including choc hazelnut, caramel and peanut butter

The selection features three different flavours, including choc hazelnut, caramel and peanut butter

The chocolate hazelnut flavour is made from a rich blend of roasted Piedmont hazelnuts and cocoa, while the dulce de leche, which is Spanish for caramel, is made using a traditional South American milk jam.

The peanut butter flavour is ideal for peanut addicts, but is currently sold out.

The toppings are available across all Gelato Messina store locations.

Each 350-gram bottle contains 17.5 servings and is priced at $12, or $30 for the trio

Each 350-gram bottle contains 17.5 servings and is priced at $12, or $30 for the trio

Each 350-gram bottle contains 17.5 servings and is priced at $12, or $30 for the trio

Not only can the toppings be added to ice cream, but they can also be used to make delicious milkshakes - which will be sure to please on warm days

Not only can the toppings be added to ice cream, but they can also be used to make delicious milkshakes - which will be sure to please on warm days

Not only can the toppings be added to ice cream, but they can also be used to make delicious milkshakes – which will be sure to please on warm days

In the Sydney suburb of Rosebury, the tasty gelato toppings are made from scratch using the finest ingredients.

Not only can the toppings be added to ice cream, but they can also be used to make delicious milkshakes – which will be sure to please customers on warm days.

Messina recommends making the milkshakes by blending 30mL of the topping with 250mL of milk until perfectly smooth and combined.

As the toppings are made from rich ingredients, they might be quite thick but Messina recommends microwaving the blend for 40 seconds to soften it

As the toppings are made from rich ingredients, they might be quite thick but Messina recommends microwaving the blend for 40 seconds to soften it

As the toppings are made from rich ingredients, they might be quite thick but Messina recommends microwaving the blend for 40 seconds to soften it

As the toppings are made from rich ingredients, they might be quite thick but Messina recommends microwaving the blend for 40 seconds to soften it.   

After the news was shared on social media, customers quickly tagged friends in the comments to share their excitement.

‘We need to try it!’ one woman said, another added: ‘Way too dangerous.’

GELATO MESSINA STORE LOCATIONS 

New South Wales

  • Bondi
  • Circular Quay
  • Darling Square
  • Darlinghurst
  • Miranda
  • Newtown
  • Parramatta
  • Penrith
  • Rosbery
  • Tramsheds
  • Surry Hills
  • The Star

Victoria 

  • Fitzroy
  • Windsor
  • Richmond
  • Brunswick East (pop-up location)

Queensland 

  • Coolangatta
  • Fortitude Valley
  • South Brisbane

ACT 

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This post first appeared on dailymail.co.uk

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Megan Gale touches on her brother ‘s tragic death as she announces she’s closing her business

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megan gale touches on her brother s tragic death as she announces shes closing her business

Megan Gale has announced she is closing down her children’s skincare business, The Mindful Life.

The 45-year-old model shared an emotional video to Instagram on Monday in which she revealed that her brother Jason’s tragic death in July had made her ‘reassess’ her life and priorities.

‘There’s nothing like the death of someone extremely close to you to make you stop and take stock and make you reassess what you’re doing with your own life and underline the complete importance of how precious life is,’ Megan said. 

'Life is precious': On Monday, a heartbroken Megan Gale touched on her brother Jason's death as she announced she was closing her children's skincare business

'Life is precious': On Monday, a heartbroken Megan Gale touched on her brother Jason's death as she announced she was closing her children's skincare business

‘Life is precious’: On Monday, a heartbroken Megan Gale touched on her brother Jason’s death as she announced she was closing her children’s skincare business

Megan said she was devastated to be closing her business selling natural skincare products for children, but she knew it was the right thing to do.

She said she ‘fought’ hard to keep her business going after being let down by third parties, but admitted it had become ‘soul destroying’.

‘For me it’s been particularly challenging doing a business myself… In short, I trusted the wrong people and with some pretty major elements of the business. What I lost was the most valuable commodity – time,’ she said.

Grief: The 45-year-old shared an emotional video to Instagram in which she revealed that Jason's (pictured) death in July had made her reassess her life and priorities

Grief: The 45-year-old shared an emotional video to Instagram in which she revealed that Jason's (pictured) death in July had made her reassess her life and priorities

Grief: The 45-year-old shared an emotional video to Instagram in which she revealed that Jason’s (pictured) death in July had made her reassess her life and priorities

She explained that she’d tried to save the business by asking advisers for help, but then found out her brother had died, which completely changed her perspective. 

‘Nothing else mattered except family, that’s when I pressed pause, went to Perth and in quarantine,’ Megan said.

‘That’s when I had a lot of time. There’s nothing like the death of someone extremely close to you to make you stop and take stock and make you reassess what you’re doing with your own life.’

Closing down: Megan said she was devastated to be closing her business selling natural skincare products for children, but she knew it was the right thing to do

Closing down: Megan said she was devastated to be closing her business selling natural skincare products for children, but she knew it was the right thing to do

Closing down: Megan said she was devastated to be closing her business selling natural skincare products for children, but she knew it was the right thing to do

Following Jason’s death, she came to realise ‘the complete importance of how precious life is and how little time we really do have here and how we don’t know how long we have here’.

She added: ‘As I sat in quarantine, I realised I don’t have to keep fighting to rebuild this business, what I should be fighting for is rebuilding myself… Ultimately, day to day, it was becoming less and less harmonious for me.’

After winding down her business, Megan now gets to spend more time with her children, River, six, and Rosie, two, and her fiancé, retired AFL star Shaun Hampson.

She added that ‘The Mindful Life 2.0’ could always come back in future. 

Family time: After winding down her business, Megan now gets to spend more time with her children, River, six, and Rosie, two, and her fiancé, retired AFL star Shaun Hampson (left)

Family time: After winding down her business, Megan now gets to spend more time with her children, River, six, and Rosie, two, and her fiancé, retired AFL star Shaun Hampson (left)

Family time: After winding down her business, Megan now gets to spend more time with her children, River, six, and Rosie, two, and her fiancé, retired AFL star Shaun Hampson (left)

Earlier this month, Megan broke her silence on her brother Jason’s death, which occurred in July.

With tough border restrictions due to the coronavirus pandemic, the Melbourne-based model revealed on Instagram that she knew she ‘would regret not going’ to his funeral in Perth.

Jason Gale, 49, was last seen at a petrol station on July 14 in Western Australia, and was found dead a week later in bushland next to his 1999 Honda CR-V SUV.

Megan flew from Melbourne to Perth, where she completed two weeks of hotel quarantine, and travelled to Fremantle Cemetery for his cremation service.

In her video, Megan said she’d ‘weighed up’ whether to stay in Melbourne and seek the comfort of her immediate family, or fly to Perth and play her part in sending her brother off.  

So sad: Earlier this month, Megan broke her silence on her brother Jason's death, which occurred in July. With tough border restrictions due to the coronavirus pandemic, she revealed on Instagram that she knew she 'would regret not going' to his funeral in Perth

So sad: Earlier this month, Megan broke her silence on her brother Jason's death, which occurred in July. With tough border restrictions due to the coronavirus pandemic, she revealed on Instagram that she knew she 'would regret not going' to his funeral in Perth

So sad: Earlier this month, Megan broke her silence on her brother Jason’s death, which occurred in July. With tough border restrictions due to the coronavirus pandemic, she revealed on Instagram that she knew she ‘would regret not going’ to his funeral in Perth

‘I had to weigh that up. Part of me wanted to stay in Melbourne and be with my kids and my man at that time when I needed comfort more than any other time in my life,’ she said.

‘But I also wanted to be in Perth to support my mum, my brother and the rest of my family, and play a part in sending my brother off and putting him to rest.’

Megan also revealed her concerns about her attendance drawing ‘more media attention’ to her brother’s death. 

Tragic: Jason Gale, 49, was last seen at a petrol station on July 14 in Western Australia, and was found dead a week later in bushland next to his 1999 Honda CR-V SUV

Tragic: Jason Gale, 49, was last seen at a petrol station on July 14 in Western Australia, and was found dead a week later in bushland next to his 1999 Honda CR-V SUV

Tragic: Jason Gale, 49, was last seen at a petrol station on July 14 in Western Australia, and was found dead a week later in bushland next to his 1999 Honda CR-V SUV

Jason was last seen on July 14 buying petrol and water at the Popanyinning General Store, 160km south-east from his Perth home.

Following a desperate week-long search by family, friends and police, he was found dead next to his car. The death was not considered suspicious.

Jason, an industrial mechanic, was known for ‘going bush’ but his friend Belinda Murray said he had never disappeared before.

Ms Murray said Jason ‘really struggled’ after watching a man die in a tragic 2018 incident at a wastewater plant south of Perth.

Daily Mail Australia understands Jason was one of a group of colleagues who were there with the victim when he was struck and killed by a pipe.

For confidential crisis support, contact Lifeline on 13 11 14

This post first appeared on dailymail.co.uk

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