Realty Biz News Perth

 A number of Nike stores have been shut across Sydney after a franchisee went into liquidation, resulting in 113 employees losing their jobs and gift certificates unable to be honoured. AF-1 and its related companies, which operated the Nike stores across Sydney's east and west, was placed into liquidation on September 26, with John Morgan of BCR Advisory appointed as liquidator. Trading across the Nike stores at Bondi Junction, Burwood, Castle Hill, Neutral Bay, Sydney CBD, and Warringah ceased on Friday, with 113 casual and full-time employees receiving termination letters. Read more-  https://www.9news.com.au/national/nike-shuts-multiple-stores-across-sydney/c24e3a5e-6f64-4575-8498-d184292d896f

  Australian home values rose again in September, with experts warning a surge of first-home buyers using wafer-thin deposits is set to push prices even higher in the months ahead. National dwelling values climbed 0.8 per cent — the strongest monthly gain since October 2023 — marking the eighth consecutive rise, according to property research firm Cotality. Over the September quarter, values rose 2.2 per cent, adding an average of $18,215 to the cost of a home The national median home value is now $857,280. Darwin led the monthly gains, surging 1.7 per cent in September, followed by Perth, Brisbane, Adelaide, Sydney, Canberra, Melbourne and Hobart. Read more-  https://www.abc.net.au/news/2025-10-01/home-prices-climb-first-home-buyer-expanded-scheme-cotality/105833754

 Emerging suburbs across Australia are attracting investors looking for affordable commercial properties due to their lower prices and strong growth potential. Areas like Revesby in New South Wales offer convenient access to public transport and major roads, making them appealing for commercial and industrial tenants. In Victoria, suburbs such as Footscray near Melbourne’s CBD are developing rapidly with new infrastructure, healthcare projects, and improved transport links, creating vibrant business opportunities. Northern suburbs of Perth are also experiencing growth with expanding residential and commercial developments. Investing in these emerging areas allows buyers to enter the market at lower costs while benefiting from future economic and infrastructure growth. To know more, click here-  https://www.commercialproperty2sell.com.au/blog/2025/09/emerging-suburbs-for-affordable-commercial-pr.php

 In a study by evolutionary biologist William W. Muir, experiments in livestock breeding determined that “competition among domesticated plants or animals can have a dramatic negative impact on yield of a stand or farm.” Muir found that breeding designed to produce more passive rather than competitive hens eventually allowed the chickens to become healthier and produce more eggs than they previously did. This was in large part because the more passive chickens were no longer aggressively competing with each other for food and other resources. To read more, click here-  https://www.forbes.com/sites/katevitasek/2022/03/08/why-collaboration-yields-improved-productivity-and-the-science-behind-it/

 Aussie shares finished in the green as the local market followed the positive lead from Wall Street, with gains seen across major sectors including banking, mining, and technology. Investor confidence improved after signs of easing inflation in the US boosted hopes that interest rates may remain steady, lifting global sentiment. Strong performances from resource stocks and financials helped push the ASX higher, while tech companies also added momentum. Analysts noted that the Australian market is closely tracking global economic signals, and with Wall Street rallying overnight, local investors responded with optimism. Overall, the upbeat mood suggests that global market trends continue to play a big role in shaping Australian share movements. Read more-  https://www.businessnews.com.au/article/Aussie-shares-follow-Wall-Street-to-finish-in-the-green

 Landlords in Perth require vacate cleaning before returning a tenant’s bond to ensure the property is left in the same condition it was at the start of the lease. A detailed clean shows respect for the property and makes it easier for landlords to prepare the home for new tenants. It also helps them meet the high standards expected in rental agreements, where cleanliness is a key factor. Vacate cleaning covers everything from kitchens, bathrooms, and carpets to windows, walls, and hidden spots often missed in regular cleaning. By making sure the property is spotless, landlords can confidently release the bond, knowing the place is move in ready and free from issues that might cause disputes. Know more-  https://www.bondcleaninginperth.com.au/landlords-perth-require-vacate-cleaning-before-returning-bond/

 Many startups begin with strong ideas but still fail due to common reasons. Poor market research often leads to creating products that customers do not need. Lack of funding and weak cash flow management can quickly drain resources. Some founders struggle with building the right team or lack proper leadership. Ignoring customer feedback and failing to adapt to market changes also cause setbacks. Overexpansion too early puts pressure on operations, while ineffective marketing limits growth. Finally, tough competition can outpace a startup that is not prepared. Avoiding these pitfalls helps good ideas turn into lasting and successful businesses. To know more, click here-  https://www.forbes.com/sites/ilyapozin/2012/09/20/8-reasons-startups-with-good-ideas-fail/

 WA Premier Roger Cook erupted in condemnation following a Perth anti-mass immigration rally on Sunday, calling it a “disgrace.” He denounced the event as a “campaign of division and hatred,” particularly deploring the presence of neo-Nazi chanting, including the offensive “heil Australia” slogan. Premier Cook urged anyone whose cause aligns with such extremist ideology to “stop it,” warning that demonising parts of the community only fuels racism and tears at the fabric of Western Australia’s multicultural identity. Read more-  https://www.watoday.com.au/national/western-australia/wa-news-live-mother-whale-and-calf-return-to-leighton-beach-20250831-p5mrap.html

 Vacate cleaning is the thorough cleaning of a rental property when tenants move out, ensuring it is left in top condition for the next occupants. For tenants, it is important because a well cleaned property increases the chances of receiving the full bond refund. For landlords, it helps maintain the value of their property and creates a positive impression for new tenants. A complete vacate clean covers every corner, including carpets, windows, walls, kitchens, bathrooms, and outdoor areas. Both tenants and landlords benefit when the property is spotless, making the handover process smooth and stress free for everyone involved. To know more, click here-  https://www.bondcleaninginperth.com.au/guide-to-vacate-cleaning-for-tenants-and-landlords/