Projects Newsletter – October 2012

It’s been an incredibly busy month for the projects group this month with two new project
specialist businesses joining the team, Melbourne, VIC and Whitsundays, QLD. We are
currently exclusively marketing 60 projects across Australia, New Zealand and Indonesia and more
than 1,800 properties, this is set to grow. We are delighted to be able to offer our clients the
opportunity to invest in two very different projects this month, “Platinum”, Melbourne and The Peppers
Resort, Whitsundays. These developments reflect the commitment of our group to offer the most
diverse range of quality properties throughout Australia, N.Z and S.E Asia.

Recent interest rate cuts and an outlook of similar expectations have resulted in keen buyer demand
through October and sentiment from our teams is very optimistic as we head toward Christmas.
Each state tells its own story, in VIC, affordability is encouraging buyers, in NSW low vacancy rates
has stimulated investors and in QLD, discretionary stock such as holiday properties are starting to sell
in higher numbers as confidence improves. In N.Z, a 22% increase year on year for new building
consents has buoyed buyer confidence and this has had a positive impact on sales.

Our project specialists have also been marketing our properties to non-residents and foreign
investors. Andrew Salvo from VIC recently took part in the inaugural Sydney Chinese Property
Expo, taking to market “Platinum”. This event proved very popular and many buyer inquiries have
been taken. Continuing this theme, Julian Sutherland from our Surfers Paradise team is currently in
Shanghai to market Gold Coast opportunities, in the past two months he has generated 13 Sales from
overseas buyers and has 16 prospects travelling over to inspect developments in the next 30 days which further demonstrates that Australia is seen as a good investment.

We look forward to assisting you with your next property purchase.