Done Working From Home? Prepare for More Hot Desks
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    HOUSE MEDIAN ASKING PRICES AND WEEKLY CHANGE     Sydney $1,516,817 (-0.06%)       Melbourne $971,359 (-1.00%)       Brisbane $819,969 (+2.77%)       Adelaide $731,547 (+1.72%)       Perth $621,459 (+0.34%)       Hobart $751,359 (-0.46%)       Darwin $633,554 (-4.02%)       Canberra $1,005,229 (+2.77%)       National $966,406 (+0.40%)                UNIT MEDIAN ASKING PRICES AND WEEKLY CHANGE     Sydney $700,089 (-0.30%)       Melbourne $470,277 (-0.26%)       Brisbane $404,718 (+2.58%)       Adelaide $332,602 (+1.44%)       Perth $348,181 (-0.09%)       Hobart $551,005 (+2.68%)       Darwin $355,689 (-3.55%)       Canberra $477,440 (+4.12%)       National $484,891 (+0.89%)                HOUSES FOR SALE AND WEEKLY CHANGE     Sydney 8,451 (-507)       Melbourne 12,654 (-279)       Brisbane 9,158 (+847)       Adelaide 2,765 (-40)       Perth 9,974 (+39)       Hobart 595 (+36)       Darwin 247 (-1)       Canberra 666 (-49)       National 44,510 (+46)                UNITS FOR SALE AND WEEKLY CHANGE     Sydney 8,895 (+164)       Melbourne 8,149 (-24)       Brisbane 2,260 (+33)       Adelaide 649 (+5)       Perth 2,489 (-21)       Hobart 101 (-3)           Canberra 430 (+13)       National 23,351 (+167)                HOUSE MEDIAN ASKING RENTS AND WEEKLY CHANGE     Sydney $630 $0       Melbourne $470 $0       Brisbane $460 ($0)       Adelaide $495 (+$5)       Perth $500 ($0)       Hobart $550 $0       Darwin $600 ($0)       Canberra $700 ($0)       National $562 (+$)                UNIT MEDIAN ASKING RENTS AND WEEKLY CHANGE     Sydney $540 (+$10)       Melbourne $410 (+$2)       Brisbane $460 (+$10)       Adelaide $380 $0       Perth $440 (-$10)       Hobart $450 $0       Darwin $500 ($0)       Canberra $550 $0       National $473 (+$2)                HOUSES FOR RENT AND WEEKLY CHANGE     Sydney 5,470 (-50)       Melbourne 7,404 (-70)       Brisbane 1,986 (-122)       Adelaide 875 (-29)       Perth 1,838 (-38)       Hobart 254 (+18)       Darwin 70 (-3)       Canberra 388 (+17)       National 18,285 (-277)                UNITS FOR RENT AND WEEKLY CHANGE     Sydney 10,652 (+58)       Melbourne 9,001 (-180)       Brisbane 1,567Brisbane 1,679 (-62)       Adelaide 403 (+4)       Perth 1,050 (-21)       Hobart 87 (+1)       Darwin 131 (-10)       Canberra 453 (+43)       National 23,344 (-167)                HOUSE ANNUAL GROSS YIELDS AND TREND       Sydney 2.16% (↑)      Melbourne 2.52% (↑)        Brisbane 2.92% (↓)       Adelaide 3.52% (↓)       Perth 4.18% (↓)     Hobart 3.81% (↑)      Darwin 4.92% (↑)        Canberra 3.62% (↓)       National 3.03% (↓)            UNIT ANNUAL GROSS YIELDS AND TREND       Sydney 4.01% (↑)      Melbourne 4.53% (↑)        Brisbane 5.91% (↓)       Adelaide 5.94% (↓)       Perth 6.57% (↓)       Hobart 4.25% (↓)     Darwin 7.31% (↑)        Canberra 5.99% (↓)       National 5.07% (↓)            HOUSE RENTAL VACANCY RATES AND TREND         Sydney 1.5% (↓)       Melbourne 1.9% (↓)       Brisbane 0.6% (↓)       Adelaide 0.5% (↓)       Perth 1.0% (↓)     Hobart 0.8% (↑)        Darwin 0.9% (↓)       Canberra 0.6% (↓)     National 1.2%        National 1.2% (↓)            UNIT RENTAL VACANCY RATES AND TREND         Sydney 2.3%ey 2.4% (↓)       Melbourne 3.0% (↓)       Brisbane 1.3% (↓)       Adelaide 0.7% (↓)     Perth 1.3% (↑)        Hobart 1.2% (↓)     Darwin 1.1% (↑)        Canberra 1.6% (↓)     National 2.1%       National 2.1% (↓)            AVERAGE DAYS TO SELL HOUSES AND TREND         Sydney 31.2 (↓)       Melbourne 30.9 (↓)       Brisbane 35.7 (↓)       Adelaide 27.6 (↓)       Perth 40.5 (↓)       Hobart 30.2 (↓)       Darwin 27.1 (↓)     Canberra 28.1 (↑)        National 31.4 (↓)            AVERAGE DAYS TO SELL UNITS AND TREND         Sydney 33.7 (↓)       Melbourne 32.6 (↓)       Brisbane 34.8 (↓)       Adelaide 29.5 (↓)       Perth 46.6 (↓)       Hobart 27.4 (↓)       Darwin 38.2 (↓)       Canberra 30.2 (↓)       National 34.1 (↓)           
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Done Working From Home? Prepare for More Hot Desks

As employees return to the office, more of them will find that they no longer have an assigned workspace that’s all theirs.

By KRITHIKA VARAGUR
Wed, Jun 16, 2021Grey Clock 4 min

Sarah Vanunu started a new job three weeks ago at MyHeritage, an online genealogy platform based in Or Yehuda, Israel, and thanks to Israel’s speedy vaccine rollout, she has been eligible for in-person work since she began. But she only goes in on Mondays and Wednesdays and leaves nothing on her assigned desk in between, since different people work there the other days of the week.

“It’s so funny to start a new job and not meet everyone up front,” she says. “I still don’t know half of my colleagues.”

MyHeritage, which employs about 400 people in Israel, is still operating at reduced capacity due to Covid restrictions. Ms. Vanunu, who directs the company’s public relations, comes to work with just a laptop and mouse. There’s a completely clean desk waiting for her there, with nothing on it but a monitor. If she wants to come in any other days, she must make a reservation online and get assigned to a random desk elsewhere.

As millions of workers head back to the office this summer, many will return without a desk of their own. Some appreciate the flexibility of these hot-desk arrangements, which aren’t completely new but have become vastly more popular as part of post-pandemic plans for hybrid work.

But hot desks also mean extra time spent managing reservations, coordinating with teams and helping employees feel a sense of belonging without a dedicated spot for them in the office. Experts and workers say there are ways to optimize these spaces, including assigning desks to groups instead of individuals, planning schedules, designating areas for socializing and being extra-mindful of workers with special needs or disabilities.

A major reason desk reservations are a big part of so many companies’ return to work is that most workers haven’t yet been ordered to come in five days a week, so their schedules remain variable. And many offices are reopening at lower than maximum capacity. JPMorgan Chase CEO Jamie Dimon wrote in his annual shareholder letter in April that the bank may need only 60 seats for every 100 employees after the pandemic.

“You have to have most employees coming in nearly every day to justify assigning them a desk,” says Amy Yin, San Francisco-based founder of OfficeTogether, an office reservation and scheduling software company.

Some companies also want to avoid assigning desks so they can clean them more frequently as part of enhanced pandemic-era hygiene protocols.

The key concept emerging around desk-reservation systems is “neighbourhoods,” where certain teams can gather a few days a week, as opposed to individual workers reserving their own desks and coming in willy-nilly.

MyHeritage, which opened for in-person work in April, designated one or two specific weekdays for each team, such as research and development or product, says the company’s facilities manager, Katerina Breitman.

The most popular day for in-person work at the moment is Thursday, according to data compiled in May from about 10,000 offices around the world by Robin, a workplace management platform. (The least popular is Friday.)

Flexible work arrangements are likely here to stay: In one 2020 survey of 77 firms worldwide by CBRE Research, 56% of those surveyed anticipated more use of flexible office space.

Social interaction may be one of the trickiest parts of these arrangements in the long run, since workers can no longer drop by the permanent desk of a colleague for unplanned chitchat. A 2018 survey by Workthere, a co-working space company, found that only 46% of workers surveyed felt that they were more productive in a hot-desk environment compared with having their own desk.

One workaround is to designate areas just for socializing. The Austin, Texas, office of the consulting firm Bain & Co., which reopened in May in a WeWork, has a “bullpen” area, an open space with larger tables that can seat about 25 people, to facilitate water-cooler moments, says Peter Bowen, a partner there.

Live feeds can also help workers keep track of each other, says Zach Dunn, Boston-based co-founder of Robin. “At the beginning of the year, [our software] basically showed desks and seat assignments, but now it’s a map updated in real-time as people move through the office.”

Over time, companies have gotten better at the extra layer of planning required to work in an office that accommodates fewer people in more locales. In Austin, Bain asks employees to indicate on a mobile app which days they plan to come in the following week. If many people plan to come on a particular day, they might allot the morning to a certain team and the afternoon to a different one.

OfficeTogether allows booking up to 30 days in advance, but Ms. Yin says most companies tend to book about two weeks out.

Workers with disabilities, as well as workers who are used to having specific accommodations at their workstations, may find it harder to adjust to hot-desking.

It’s important to design such offices so that they are accessible from the outset, says Deborah Foster, a professor at Cardiff Business School in Wales who studies diversity in the workplace. “Ensuring that the layout is wheelchair-accessible and putting sensory markers on floors to guide people with sight impairments are two considerations,” she says. Also important: proper lighting and ensuring that there are quiet spaces for workers who need to use assistive technologies like voice-recognition software.

For workers who can’t be accommodated in the short-term, employers should be more flexible about allowing them to continue working from home, Dr. Foster says.

One final thing that workers may miss with hot desks is the chance to spruce up their workspaces with personal memorabilia.

Mr. Bowen, at Bain, used to keep all kinds of tchotchkes at his old desk in Chicago: photos, a binder of 20 years’ worth of company presentations, a trophy from his company golf tournament. He will eventually go back there to retrieve his mementos, but no longer feels he needs to have them at his desk for colleagues to see. Instead, he’ll just store them at his new home in Texas.

“The rise of the home office has kind of created a second place for all that stuff,” he says.

Reprinted by permission of The Wall Street Journal, Copyright 2021 Dow Jones & Company. Inc. All Rights Reserved Worldwide. Original date of publication: June 12, 2021

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By Kanebridge News
Fri, Aug 12, 2022 2 min

In the coastal township of Salamander Bay — nearby to Port Stephens — comes a unique home crafted to take full advantage of unbroken ocean vistas across three levels.

With one-of-a-kind flair, the stunning 5-bedroom, 3-bathroom, 3-car garage home of 52 Randall Drive Salamander Bay is nestled on a private 577sqm plot, optimised through intelligent design to take advantage of the Port Stephens landscape and lifestyle.

Within the home sees the typically coastal textures of natural oak floor and timber feature walls take hold while stone and tiled adornments add layers of luxury.

The open plan living, kitchen and dining areas incorporate a fireplace and near floor-to-ceiling glass that opens to create a seamless indoor-to-outdoor dining and entertaining space on the home’s top floor.

The heart of this area is the kitchen, centred around a marble-topped island, state-of-the-art European appliances and an attached bar area, with built-in refrigeration, accompanied by a butler’s pantry.

Also here comes a grand outdoor spa, central to the balcony, while another outdoor entertaining area with a pizza oven is found on the middle floor.

Downstairs once again comes a second living space replete with the perfect wine cellar — cooled by the natural rock foundation of the home — offering an array of entertaining options

Of the home’s accommodation comes a private and luxurious master retreat with expansive ocean views, a walk-in wardrobe and an ensuite, here, speckled with grey terrazzo tiling and timber joinery vanities.  A further four bedrooms are found throughout the home along with two family bathrooms rounding out the offering.

Less than a five-minute walk from nearby amenities of shops, restaurants, cafes and beaches the home offers the best of the Port Stephens area.

The listing is with PRD Port Stephens’ Dane Queenan (+61 412 351 819) and Erin Sharp (+61 499 912 311) and is heading to auction; prd.com.au