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Real Estate News
Cooley Auctions Golf Classic raises $500,000 for Youth off the Streets
The 10th and final Cooley Golf Classic was held on Friday 12 May at Bonnie Doon Golf Club raising over $65,000 for Youth Off The Streets. The goal for the final year of the event was to raise $500,000 over the 10-year period and Youth Off The Streets and Cooley Auctions are thrilled that that result was achieved. Prior to…
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Real Estate News
Box+Dice and Real Estate Bookings announces integration
Real estate agencies who use Box+Dice and Real Estate Bookings are now able to utilise the functionality of both platforms together with the recent announcement of their integration. Scott Parrot – COO at Box+Dice “Box+Dice software is always looking to provide value for our clients. Real Estate is an online business and with Real Estate Bookings feeding all buyer enquiries…
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Real Estate News
Young Principals about to open 11th office
Jared and Shallain Hodge are a mission to build their real estate empire. Jared Hodge, a 42-year-old young-gun real estate principal and entrepreneur, is soon to open his 11th new business in only eight years when he opens Ray White Burleigh Heads. The move comes just weeks after the mutual departure from glamour Gold Coast suburb by the previous Ray…
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Real Estate News
LPMA 2017 Annual Award Winners Announced
The Leading Property Managers of Australia (LPMA) had their Annual Awards Dinner at The Star Gold Coast on 4 May 2017. Executive Director of LPMA, Bob Walters said “This year we had a record number of entrants and the calibre of entries was outstanding. It shows that the level of service, efficiency and professionalism of LPMA member firms gets better…
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Real Estate News
Auction volumes increasing with the combined preliminary clearance rate holding in the mid 70’s
Auction conditions remain strong with a rebound in auction volumes and higher preliminary clearance rate over the second week of May with 2,376 auctions nationally and a combined national auction clearance rate of 76.6 percent (76.2 percent weighted average) National auction clearance results for the week ending 14/05/2017 courtesy of CoreLogic Auction markets have remained resilient, with both volumes and the preliminary…
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Real Estate News
Property investors to lose in budget changes, says Bradley Beer
The 2017 Federal Budget, handed down by Treasurer Scott Morrison this week includes proposed changes which will affect residential property investors Australia-wide. The Australian Tax Office (ATO) allows owners of income producing property to claim depreciation deductions for the wear and tear that occurs to a building’s structure and the plant and equipment assets within. The proposed changes relate to…
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Starr Partners continues rapid growth with new Miller office
Australian boutique group, Starr Partners, have further extended their presence in Sydney’s South West with the opening of a new office in Miller. The move comes as recent CoreLogic Property Research revealed median house prices in the Liverpool region have increased by 9.6 per cent per annum in the 20 years to Dec 2016, making it one of the top…
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Real Estate News
Crown Group Reveals Australia’s Tallest Manmade Waterfall
Crown Group, the award-winning developer of distinctive residential and mixed-use properties across Sydney, today announced the highly-anticipated details of Waterfall by Crown Group, an iconic, grand-scale project in Sydney’s burgeoning Green Square precinct featuring Australia’s largest man-made waterfall. Eye-catching images and animation of the waterfall were revealed at an event held in Sydney today. “This development is something entirely unique…
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Real Estate News
A sale a day in April for $99.87M
Powerhouse agency Ray White Double Bay just sold 30 properties for $99.87 million in April and the outlook is even brighter for the blue chip agency with increases in stock and prices. Craig Pontey, director of Ray White Double Bay, was incredibly proud of his team to sell “the equivalent of a property a day in April, it’s quite an…
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Real Estate News
Meet the AREAs judges: a who’s who of property & media
With the countdown on, REA Group is pleased to announce the first 15 judges of the Annual REA Excellence Awards. Coming from the media, property, data, technology and not-for-profit sectors, the first judges to be announced are some of the most respected and experienced in their professions: Ange Ferguson, Group Managing Director, Asia Pacific at ThoughtWorks Chris Gray, leading investment…
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Real Estate News
Leading LJ Hooker Business Moves to Ray White Group
LJ Hooker Lower North Shore, one of the top businesses for LJ Hooker worldwide, is joining the Ray White Group. LJ Hooker Lower North Shore directors Richard Harding, Geoff Smith and Bernard Ryan say they are excited about both the re-brand and the potential for expansion across this region. They have been operating for 60 years and employ more than 50…
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Real Estate News
Sydney apartments shine at 2017 national property Innovation & Excellence awards
A magnificent makeover of Bondi’s old Swiss Grand Hotel and a 42-storey apartment tower in Chatswood have taken home two prestigious awards at the 2017 Property Council of Australia / Rider Levett Bucknall Innovation and Excellence Awards. RLB has partnered with the Property Council of Australia to present the Innovation & Excellence Awards program since its inception in 1982.The 2017…
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Real Estate News
Preliminary clearance rate holds firm around 74 percent on lower auction activity in the first week of May
This week, 1,662 capital city auctions were held and preliminary results show that 1,365 auctions have been reported so far, with a preliminary clearance rate of 74.6 percent, rising from a final clearance rate of 74.0 percent last week across 2,350 auctions. National auction clearance results for the week ending 07/05/2017 courtesy of CoreLogic While clearance rates remain above the long-term average…
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Real Estate News
Static LED displays light up real estate agents’ bottom line
Australia’s real estate agents – whether in busy city locations or more relaxed regional settlements – are finding that backlit window displays that present their properties and services in the most appealing light are not only enhancing customer relations but increasing revenue and profitability. One such agent is Sydney’s Perry English, while some 4,000km away in the WA resort town…
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Real Estate News
Australians prefer to make mobile calls than get them: Roy Morgan Research
“Don’t call me, I’ll call you.” Over three million Australians say they love being able to contact others via mobile phone whenever and wherever it suits—but don’t enjoy being contacted themselves, Roy Morgan Research shows. When it comes to their mobile phones, 14.2 million Australians aged 14+ (72%) agree, “I love being able to contact my friends wherever I am”.…
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Real Estate News
Inner Sydney Agency Chalks Up 40-year Milestone
Sydney property figure Warwick Williams is preparing to celebrate the 40th anniversary of the Drummoyne real estate business he founded in 1977. The agency has grown from a humble four-person operation with a modest rent roll to become one of the largest independent real estate operations in Sydney’s vibrant inner west. Today, Warwick Williams Real Estate is Drummoyne’s leading agency…
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Real Estate News
REA Group launches Spacely, enabling Australians to work, their way
REA Group have announced the launch of Spacely, a new listings site that will make it easier for Australians to find short-term commercial rentals and co-working spaces that meet their needs. Spacely, available on spacely.com.au, will launch as a new beta experience and will evolve over the coming months. Multiple updates and improvements to the site are expected as more…
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Real Estate News
Preliminary auction clearance rate and volumes strengthen from sub 70 percent final result last week
Preliminary clearance rate strengthens after last week saw the final clearance rate fall below 70 percent National auction clearance results for the week ending 30/04/2017 courtesy of CoreLogic The combined capital city preliminary clearance rate rose to 76.9 percent this week, increasing from last week when final results saw the clearance rate fell to 69.8 percent after 10 consecutive weeks remaining in…
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Real Estate News
A rise in the combined capital city auction volumes post Easter delivering softer clearance rates
Volumes rise across the combined capital cities and return a clearance rate of 72.1 percent National auction clearance results for the week ending 23/04/2017 courtesy of CoreLogic Auction activity increased significantly across the combined capital cities this week after last week’s Easter period slowdown, with 1,732 homes taken to market and a preliminary clearance rate of 72.1 percent, down from 73.9 percent…
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Real Estate News
Easter long weekend returns a rise in capital city auction clearance rate on subdued volumes
Across the combined capital cities, the auction clearance rate rose to 78.8 percent last week, from 74.8 percent the previous week. National auction clearance results for the week ending 16/04/2017 courtesy of CoreLogic The number of homes taken to auction, however, fell to just 487 across the capital city markets, with Sydney host to the majority of auctions last week (275). Preliminary…
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Real Estate News
LJ Hooker continues it’s first half expansion
Major National Franchise LJ Hooker say they are positioned to carry quarterly growth into the new Financial Year with a succession of new office openings flagged before July 1. Since January 1 this year, LJ Hooker has welcomed new offices in Wollongong, West Pennant Hills/Cherrybrook, Medowie and Hornsby in New South Wales, Gympie in Southern Queensland, while North Haven/Port Adelaide…
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Brand Editorial
What will property management look like in 2030?
Change is happening at a rapid rate and now more than ever is the time for business owners and property management departments to become aware, educated and in the know of these changes, innovations and disruptions that are taking place or you could be left behind with an outdated business, while your competitors are moving ahead. The reality is… no…
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INDUSTRY NEWS
The busiest week for auctions so far this year returns a preliminary clearance rate of 77.6 percent
The busiest week for auctions so far this year returns a preliminary clearance rate of 77.6 percent National auction clearance results for the week ending 09/04/2017 courtesy of CoreLogic Auction activity ramped up across the combined capital cities this week in the lead up to Easter, with 3,424 homes taken to auction this week, recording the highest volume of auctions year-to-date. The…
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INDUSTRY NEWS
National auction volumes ease while preliminary clearance rates fall below 80 percent
Preliminary clearance rate remains strong, while auction volumes fall week-on-week after some record weeks of auction volume activity. National auction clearance results for the week ending 02/04/2017 courtesy of CoreLogic The combined capital city preliminary clearance rate remains in the mid-high 70 percent range for another week, while auction volumes decrease week-on-week. There were 2,646 properties taken to auction this week, down…
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INDUSTRY NEWS
National auction volumes close to record high while preliminary clearance rates continue to run hot
Australia’s largest auction markets are continuing to run hot, with CoreLogic’s preliminary auction clearance rate nudging higher over the week, while the number of auctions held surges to the second highest weekly level over the year to date National auction clearance results for the week ending 26/03/2017 courtesy of CoreLogic The amount of auction activity across the capital cities increased this week,…
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Real Estate News
Australia called on as property management leaders
RE/MAX LLC, headquarters of the world’s number one real estate brand, invited three Australians to deliver the first-ever property management session at its 2017 R4 Convention in Las Vegas, which attracts more than 6000 delegates each year. Facilitating the session was Justin Miller, Co-Owner and Property Management Director, who heads up the property management division at RE/MAX Regency on Queensland’s…
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INDUSTRY NEWS
Preliminary clearance rate and auction volumes increase across the combined capital cities
Preliminary clearance rate and auction volumes increase across the combined capital cities National auction clearance results for the week ending 19/03/2017 courtesy of CoreLogic The capital city clearance rate increased this week, with preliminary results showing that 76.2 percent of reported auctions across the combined capital cities were successful, compared to 75.1 percent last week and 68.8 percent one year ago. Auction…
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Real Estate News
RE/MAX real estate network follows global growth path
RE/MAX Australia expanded its national footprint with the addition of 19 offices since the start of 2016. RE/MAX opened in Caufield in Victoria; Kingston in the ACT; Byron Bay, Parramatta, Minchinbury, Pyrmont and Lidcombe in New South Wales; and Mackay, Ipswich, Wamuran, Ningi, Crows Nest, Graceville, River Hills, Indooroopilly, Milton, Coopers Plains, Sunnybank Hills and Brisbane CBD in Queensland. “It’s…
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INDUSTRY NEWS
Capital city preliminary auction clearance rate rises to 80.8 percent on half the volume
Capital city preliminary clearance rate rises to 80.8 percent, with auction activity across the capitals significantly lower National auction clearance results for the week ending 12/03/2017 courtesy of CoreLogic This week 1,402 auctions were held across the combined capital cities, significantly lower than the 2,907 held last week and lower than one year ago (1,488). Four out of the eight states and…
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Real Estate News
realestate.com.au launches new lifestyle site
Realestate.com.au have launched “lifestyle” a new content experience for lovers of property. Lifestyle on realestate.com.au launches with over 720 informative and engaging articles. An in-house content team will be joined by Lifestyle experts to bring stories to life. realestate.com.au to introduce a marketing campaign extension to coincide with Lifestyle launch. For more than 20 years realestate.com.au has helped Aussies find a…
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Real Estate News
RatemyAgent award winners announced
The RateMyAgent 2017 Agent of the Year Award winners were been announced this morning, recognising those agents and agencies who have been the most consistently recommended in the system by their customers in 2016. Taking out the national title of Agent of the Year for Australia is Victorian based agent, Tim Heavyside, of Fletchers Canterbury, Victoria; while Phillips Pantzer and…
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Real Estate News
Australians and New Zealanders figure in RE/MAX top producers and leaders
Three memorable events at the 2017 R4 Convention held at Mandalay Bay Resort and Casino, Las Vegas in March celebrated leadership and sales success throughout the global RE/MAX network as the Special Awards Luncheon, the Club Luncheon and Night of the Stars Awards Gala showcased the results of professionalism and hard work. Named in the Top 10 individuals – global…
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Real Estate News
Annual RE/MAX R4 Convention draws the best from around the world
Sixty Australian and New Zealand property specialists have returned from the 2017 RE/MAX R4 Convention in Las Vegas with an even greater appreciation of the global reach of the RE/MAX real estate network having shared valuable experiences with more than 6000 international colleagues. “The strength of the RE/MAX brand is remarkable,” said RE/MAX Australia and New Zealand Managing Director, Michael…
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Real Estate News
Connect Overseas Buyers with Video
According to CoreLogic and the Australian Property Council, in 2016 more than 23 per cent of Australian properties were sold to foreign buyers. That’s a $61 billion market you should be part of! Your ability to use video to market to foreign buyers more effectively can be a big selling point in your next listing presentation – particularly if your…
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National
Auction clearance results continue their strong run into March after record February
Auction results continue their strong run into March, with Sydney and Melbourne recording an 80% clearance rate over the first week of the month National auction clearance results for the week ending 05/03/2017 courtesy of CoreLogic After recording the strongest result since June 2015 last week, the preliminary clearance rate across the combined capital cities fell slightly this week, from 78.4 percent…
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