News Room

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  • Real Estate News

    Leading Illawarra agent Jeremy Hodder joins McGrath’s team

    Leading Illawarra agent Jeremy Hodder will join McGrath’s sales team in the company’s expansion in the Illawarra. Mr Hodder has been a real estate agent and auctioneer for 18 years – and his expertise are a valuable addition to the team, where he will also be a great mentor to emerging agents within the group. Some of Mr Hodder’s impressive…

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  • Real Estate News

    Prime waterfront properties command 63 per cent premium

    Prime absolute waterfront properties in Australia are worth up to 63% more than their inland counterparts on average, according to Knight Frank’s latest Australian Prime Waterfront Index. The Index, which measures how much uplift value an absolute waterfront location can add to a property, found the premium was the greatest in Sydney, with up to 94.9%…

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  • Real Estate News

    Lack of family homes driving prices skyward

    An imbalance in supply of family homes to population growth is a major contributing factor to housing affordability challenges in Sydney and Melbourne. A 30 per cent reduction in dwelling commencements and dwelling approvals was predicted by RiskWise Property Research one year ago, with significant impact on both the broader economy and, particularly, GDP growth. RiskWise CEO Doron Peleg said lending restrictions,…

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  • Real Estate News

    Ray White Clare Valley welcomes new leader

    New principal Mark O’Meagher and his partner Bree Christie are set to take the reins at Ray White Clare Valley.  Mr O’Meagher, who has worked as a sales agent with the business for the past seven years, said he was thrilled to be taking this next step into business ownership after purchasing the business from existing owners Daniel and Geoff Schell. …

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  • Real Estate News

    REIQ announces Awards for Excellence finalists

    The Real Estate Institute of Queensland has announced the finalists in its 2020 Awards for Excellence which recognise best practice in the real estate profession in the Sunshine State. REIQ CEO Antonia Mercorella said the competition is set to be fierce, with 106 finalists across varying individual, agency and external categories. “We are continually heartened by the quality of the…

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  • Real Estate News

    Affordability prompts highest number of first home buyers

    Housing affordability has improved across the country resulting in the highest percentage of first home buyers in the marketplace in eight years, according to research from the Real Estate Institute of Australia. REIA President Adrian Kelly said the September quarter 2019 edition of the REIA Housing Affordability Report found housing affordability improved in all states and territories, except Tasmania, while rental affordability improved across…

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  • Real Estate News

    Perth dwelling value records first rise since April 2018

    CoreLogic’s November Home Value Index has revealed that Perth’s dwelling value has increased 0.4 per cent in the last month – the first increase in over 18 months. REIWA President Damian Collins said that while the rental market has been the highlight of 2019 due to steady leasing activity levels and a plummeting vacancy rate, they are now starting to…

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  • Real Estate News

    Leading Ballarat real estate team joins Jellis Craig

    A leading Ballarat agency has joined the Jellis Criag team, expanding the brand’s presence outside Melbourne.  The well-known team, led by directors Tony Douglass and Tim Valpied, has been market leaders in the Ballarat region for over 15 years.  Now as part of the Jellis Craig network of offices located throughout Melbourne’s premier suburbs, the Ballarat team is well positioned…

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  • Real Estate News

    Rose Farina joins McGrath as it boosts its presence in Northbridge

    Prestige agent Rose Farina has joined McGrath, with the company acquiring her rent roll and business in Sydney’s Northbridge region of the Lower North Shore. CEO Geoff Lucas said attracting highly-respected agents is a strong indicator of continued influence of the McGrath brand. “Equally this expansion is consistent with our strategy to partner with high-calibre, well-regarded agents with a significant…

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  • Real Estate News

    A familiar face opens Ray White Rural Broken Hill

    One of Broken Hill’s most recognised agents, Clifford Wren, has rebranded his business and will open the new Ray White office in town.  With just over 20 years experience, Mr Wren said the opening of Ray White Rural Broken Hill was a natural progression as his business looks to continue its growth.  Having previously owned Ray White Broken Hill from…

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  • Real Estate News

    A third of Australians choose overseas travel over a home

    When asked to choose between being well travelled or owning a home, one in every three Australians values travel over home ownership. That was the key finding from ME’s recent travel survey which explored how important travel is to Australians. The trade-off between buying a home and exploring the world was far more apparent among 18-24 years olds, with 50…

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  • Real Estate News

    R&W Starlight fundraising clocks more than $500k

    There will be more laughs and Christmas wishes to go around this year as the Richardson & Wrench Spring Starlight campaign comes to a close, with donations to The Starlight Children’s Foundation reaching almost $589,000. Now in its 15th year, the R&W partnership with Starlight began in Sydney’s Eastern Suburbs and expanded across the network in 2012. Throughout the spring campaign,…

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  • Real Estate News

    Williams Property rebrands for a strong future

    Singleton-based Williams Property has relaunched its brand with a new name, a strong and diversified team, and the implementation of new cutting-edge technology.  Cameron Williams, the Principal and Licensee-in-Charge of the newly re-named Williams Property, said that the recent innovations are a game-changer for the company.  “Our business has been serving the local community for almost 45 years and I’m…

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  • Real Estate NewsElite Agent The News Source for Real Estate Professionals

    Money magazine names best financial providers for 2020

    Australians could save more than $180,000 by switching to financial product providers that have been named winners of Money magazine’s Best of the Best Awards for 2020. More than 100 winners were named across financial services including credit cards, term deposits, banking, loans, superannuation, insurance, investments and online broking; as well as personal and business services such as broadband, phone…

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  • Real Estate News

    DiJONES Drought Drive set to support regional communities

    More than 100 people from DiJONES will convoy from Sydney through 14 regional NSW towns in the lead up to Christmas in support of drought-affected businesses and communities. Regional NSW is enduring the worst drought in 116 years, with the knock-on impacts of the agricultural sector’s hardship also rippling through regional towns where water supplies are dwindling, paddocks remain scorched…

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  • Real Estate News

    Australia, New Zealand feature in global real estate ranks

    When Denver-based RE/MAX LLC recently announced its global Top 100 rankings for January to September this year, 25 residential sales teams from Australia and New Zealand made the cut. Included were:#4 Neilson Team, RE/MAX Bayside Properties, Cleveland, AU#7 Don Ha Project Sales, RE/MAX Revolution, Auckland, NZ#15 Rademeyer Team, RE/MAX First, Caloundra, AU#16 Melita Bell Team, RE/MAX Success, Toowoomba, AU#17 Deborah…

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  • Real Estate News

    Partnership to help home hunters get best mortgage rates

    Social property app Sohoapp.com has partnered with Westpac-backed uno Home Loans so homebuyers using the app can check if their home loan is competitive, and how much they could save by refinancing. Sohoapp.com founder and CEO Jonathan Lui said the company is launching uno’s loanScore and mortgage calculator products throughout its platform. “Our mission is to help Australians get into…

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  • Real Estate News

    Community responds to Realmark’s SOS drive

    Realmark offices have joined forces in the lead up to Christmas to create a community event raising awareness of their corporate community program True Blue and Starting Over Support (SOS). SOS – a not-for-profit organisation that helps families moving on from crisis to build a new life – was selected as the groups’ community program for 2019. Their aim is…

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  • Real Estate NewsElite Agent The News Source for Real Estate Professionals

    New real estate agency pays profit forward

    A new real estate agency launching in Brisbane is giving back to the community by putting its profits towards housing assistance for vulnerable and at-risk people. Launched by not-for-profit organisation Mangrove Housing, Mangrove Realty is directing its profits into projects which provide affordable housing for the 700-plus women over 65 who live on the streets of Brisbane, support victims of domestic violence to find a home,…

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  • Real Estate News

    Ray White North Lakes and Mango Hill come together

    The teams at Ray White North Lakes and Mango Hill are now all under one roof, with a new office opening its doors on Discovery Drive at North Lakes on the back of the major growth. Principal Darren Suhle said the agency had grown exponentially over the past seven years, with he and wife Lisa toppling sales records in their…

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  • Real Estate News

    Agency set for new growth era in Orange

    Seasoned real estate agents Pat and Michele Cutcliffe are gearing up for a new phase of growth in Orange under the Professionals banner. Professionals Orange opened on November 1 following a rebranding that agency principal Mr Cutcliffe said was aimed at better servicing the local property market which is being supported by the ongoing strength of the regional economy. “I…

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  • Real Estate News

    Professionals network refreshes brand

    The national reshaping of Professionals Real Estate Group is gathering pace, with the network refreshing its brand nationally. Professionals Real Estate Group chief executive officer David Crombie said the benefits created through the unification of the 225-plus member group last year had exceeded expectations and the branding refresh was designed to further build the group’s momentum. The management of Professionals…

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  • Real Estate NewsElite Agent The News Source for Real Estate Professionals

    First home and the southern state buyers lead the charge for Darwin property

    Raine & Horne Darwin sold seven homes in two days this week, with first homebuyers and southern state buyers driving the flurry of sales. Glenn Grantham, General Manager, Raine & Horne Darwin, said buyers were split evenly between local first-timers and southern state purchasers seeking a lifestyle property in Australia’s northernmost capital city. “We even had situations where multiple buyers…

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  • Real Estate News

    Barry Plant raises nearly $95,000 for Make-A-Wish during “Wishtober”

    Every year the Barry Plant Group turns October into “Wishtober”, raising funds for Make-A-Wish Australia – an organisation that grants life-changing wishes to children and teens suffering from serious illness. During Wishtober every Barry Plant office contributes an amount from the commission from every property sold in the month, with Head Office also contributing to the cause.  This year they…

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  • Real Estate News

    $5.85M Peter Blackshaw sale sets new Canberra auction record

    A new Canberra real estate auction record has been set over the weekend, with Peter Blackshaw-listed, 30 Mugga Way, being sold under the hammer for an astonishing $5.85 million – after a strong, mixed-media, four-week marketing campaign. The campaign was spearheaded by leading Canberra real estate agents Mario Sanfrancesco, and Peter Blackshaw Managing Director, Andrew Chamberlain. The previous auction record…

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  • Real Estate News

    Josh Willatt joins Andy Hogarth and Billy Jaz at McGrath Palm Beach

    McGrath Gold Coast Group has announced that top local real estate agent Josh Willatt will join its Palm Beach operation. The news comes as existing McGrath agents Andy Hogarth and Billy Jaz, step into the role of joint franchise partners of McGrath Palm Beach in conjunction with Ian Mills. David Mills, Director and General Manager of McGrath’s Northern Rivers operation…

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  • Real Estate News

    Eview celebrates top performers and a year of success at annual awards

    The Eview Group has celebrated a year of growth and achievement, recognising its top performers and standout agents at their annual awards night on Saturday. Held at the Victoria State Library with over 250 guests in attendance, the evening offered the opportunity to mark the milestones of the year gone by and look to the future ahead. Eview Group Founder…

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  • Real Estate NewsElite Agent The News Source for Real Estate Professionals

    Barry Plant partners with Anywhere Auctions

    The timing of auctions can create all sorts of logistical problems for potential vendors or buyers and their advocates. What if you are buying or selling a property that’s in another state or city? What if you are travelling for business or a holiday and can’t be there on the day of the auction? What if there’s an auction on…

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  • Real Estate News

    Knight Frank’s Private View of extraordinary spaces around the world

    Despite continuing economic and political uncertainty, the demand for prime property, and investment in commercial assets, are still showing signs of strength. The latest issue of Knight Frank's Private View showcases some of the most extraordinary and unique properties currently on the market. Private View features a small, but exceptional sample of properties including the…

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  • Real Estate News

    Not back to ‘game on’ for new apartments just yet: JLL

    Despite the rebound in housing market activity and existing dwelling prices seen over recent months, we should not be expecting a sudden rebound in the new construction apartment market and conditions will remain tough for developers in the short-term, particularly in Sydney and Melbourne as the tail end of the last construction cycle is absorbed.…

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  • Elite AgentElite Agent The News Source for Real Estate Professionals

    RISE2020 – A conference with a conscience

    A stellar line-up of some of real estate’s top performers will gather in Melbourne next April to put their weight behind a new initiative to support good mental health.  RISE2020 is more than just a real estate conference. It’s a conference with a conscience. Proceeds from the event will go towards seed funding for a mental health resource for the…

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  • LEADERSHIP

    Conquering digital mastery in real estate – and educating disadvantaged kids at the same time

    It’s no secret that the digital world can be confusing, competitive and relied on methods of leads and visibility can change in a heartbeat. In an ever-changing market driven by digital, it’s more important than ever that the real estate industry masters digital media.  And with big players of the industry changing the interaction between consumers and agents, agencies need…

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  • Real Estate News

    12 Sydney property market predictions for 2020

    1. Property owners will continue to sit on their handsListings will continue to be at relatively low levels as a significant proportion of property owners will wait and ‘time the market’ until they are certain prices have peaked again. For this reason, Sydney property buyers might be rewarded with more stock at the end of 2020. Once this happens, prices will…

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  • INDUSTRY NEWS

    New regulations to make short-term rentals more appealing to investors

    A 25-year veteran of the real estate industry has predicted the short-term rental market may prove a more attractive option for property investors and urged real estate professionals to recognise its importance. Scott Mackey built a 400-strong rent roll at RE/MAX Precision in Bundaberg but sold it this year to further expand his short-term rental (STR) business, incorporating Airbnb, which…

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  • Real Estate News

    Former REIQ BDM joins @realty

    Former Real Estate Institute of Queensland (REIQ) Business Development Manager Karen Woodworth has joined national real estate network @realty. Ms Woodworth will assume the role of @realty Business Development Manager, helping to steer the company’s continued growth, following its recent expansion in to Tasmania and the Northern Territory. @realty director James Taylor said Ms Woodworth was with the REIQ for…

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