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Real Estate News
Rare DA-approved site in Botany to go to public auction
A significant residential site in Botany, with a rare DA approval in place, and a price guide of $10 million, is certain to attract strong local and overseas developer interest, according to listing agent, Tony Laing, Co-Principal of Raine & Horne Commercial Bondi Junction. “The real value in this site, which will go to public auction on Thursday 25 August,…
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Real Estate News
Caloundra CBD Retail Investment for Sale at Auction
A retail investment opportunity in the heart of the Caloundra CBD on the Sunshine Coast is being offered for sale via auction through Ray White Commercial Caloundra. The single storey commercial property divided into two tenancies at 37 Bulcock Street, Caloundra, is being marketed by Ray White Commercial Caloundra’s Len Greedy and Alan Gray. Mr Greedy said the approximately 117…
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National
realestate.com.au launches global property network
REA Group, parent company of realestate.com.au, has announced the launch of its global property network. The network is a platform that opens up a new way for people to search for international property while exposing Australian property listings to a global audience. With listings from 56 countries, connected by property sites in 12 markets, including US, Italy, Germany, France, Malaysia…
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Real Estate News
Radley Property pledges 20% of real estate commission to charity
This week marks the launch of Radley Property, an innovative real estate agency combining property services with philanthropy by pledging 20% of its commission to Australian registered charities. For each transaction, landowners individually donate half of Radley Property’s 20% Pledge to their chosen charity. This donation is made in the vendor’s name, does not impact their profit and is tax…
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EPM
Grow Your Rent Roll and Attract Landlord Appraisals with RentQuotes
If securing new managements is key to delivering growth in your department this year, ensure RentQuotes is part of your online strategy. As Australia’s leading website dedicated to rental property, Rent.com.au offers a number of tools and services to help property managers build their managements. RentQuotes invites landlords looking for a property manager to send details about their new or…
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Real Estate News
Changing of the Guard at Mclaren Vale’s Famous Conte Vineyard
Local wine producer acquires well known family vineyard Well known South Australian winemakers, the Conte family, have sold one of their long-standing vineyards in the famous McLaren Vale wine region. Colliers International’s Nick Goode and Nick Dean facilitated the sale of the Conte family’s McLaren Vale property, totalling approximately 53ha, to local wine producer Dowie Doole. “The property has been…
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Real Estate News
Teracota Terraces: Evolution of the Aussie Terrace
Innovative inner-city developer LivStyle has brought the much-loved terrace into the 21st Century by incorporating features of a modern apartment. Its Teracota Terraces at Alexandria have practical entertaining areas, a media nook, a private courtyard, expansive windows and sliding doors, a self-contained laundry, substantial storage options and basement car parking with direct internal access. While paying homage to the traditional…
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Real Estate News
REA Group named on Forbes’ World’s Most Innovative Growth Companies list
REA Group has been recognised as one of Forbes’ World’s Most Innovative Growth Companies, featuring the top 100 most innovative growth companies from around the world. REA Group ranked 19th alongside only two other Australian companies – Seek (13th) and Domino’s Pizza Enterprises (20th). According to Forbes, the list relies upon investors’ ability to identify firms they expect to be…
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Real Estate News
University of Sydney presents The Festival of Urbanism
With the Sydney population projected to grow to 5.89 million people by 2031, the city’s transport, public services and green spaces will be under a great deal of pressure. The University of Sydney’s third Festival of Urbanism will investigate what can be done to help ease the pressure on the global city. The two-week festival from 1 to 12 August will…
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Real Estate News
Exotic Tropical Turtle Island for sale in Australia
An entire freehold tropical island just off the coast of Queensland, Australia has hit the market with council approval for usage as a tourist resort, or an option to purchase as a private retreat. Turtle Island sits on 23.25 acres of land and is one of only nine freehold islands in Queensland, and boasts extensive existing facilities and ease of…
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Real Estate News
REISA announces winner of 2016 Auctioneering Championships
REISA’s second Auctioneering Championships concluded on the eve of Thursday, July 21st with a Gala Presentation Dinner at the Stamford Grand Glenelg. Toop & Toop’s Bronte Manuel took out first place – for the second year in a row – and will represent REISA at the Australasian Auctioneering Championships in Alice Springs. LJ Hooker’s Michael Fenn finished in second place and will also…
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Elite Agent
Elite Agent Magazine reaches finals for two Publish awards
The finalists of this year’s Publish Awards, recognising the best in print and digital publishing across Australia have been revealed, with Elite Agent Magazine being shortlisted in two categories, Business Magazine of the Year and a nod to Samantha McLean for Business Editor of the year for the second year running. Other finalists in the same category include Bauer Media for…
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Real Estate News
hockingstuart launches training arm: hockingstuart Academy
One of Victoria’s largest real estate agencies, hockingstuart, has announced the launch of its own accredited training arm for those wishing to pursue a career in property. The hockingstuart Academy will offer training programs for those in the real estate industry looking to upskill, as well as a range of accredited qualifications such as the Agent’s Representative Certificate and Full…
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Real Estate News
Property market bounces back: Domain
House prices have increased in almost every capital city, bouncing back from recent price falls, according to the June quarter Domain House Price Report. Nationally, the median house price increased 1.5 per cent, with strong growth in Sydney, Melbourne, Brisbane, Adelaide, Canberra and Hobart. The exceptions are Perth and Darwin, where steep price falls continued, decreasing 1.7 and 0.7 per…
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QLD Real Estate News
Raine & Horne continues its Queensland growth with new Greenbank location
Raine & Horne has launched a new office in Greenbank after agreeing to terms with Margaret McFillin from leading local independent real estate firm, Greenbank Real Estate. Raine & Horne Greenbank, located in the Logan City region south of Brisbane, will operate from the existing office at Shop 2, Greenbank Shopping Centre, 15 Pub Lane, Greenbank and will continue to…
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Real Estate News
Nambour Retail Space for Lease
A tenancy in a prominent retail outlet on the main street of Nambour on the Sunshine Coast is being offered for lease for the first time in 80 years by Ray White Commercial North Coast Central. The 130 sqm tenancy at 1A/70 Currie Street, Nambour, is being marketed by Ray White Commercial North Coast Central’s Emily Pendleton. Ms Pendleton said…
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Real Estate News
New economic report shows solid growth for Australian property market
The PRDnationwide Research Team has released a new report revealing the Australian property market has made a positive start to 2016, with housing and rental growth recorded in capital cities and metro areas along with improved conditions in regional areas. After a hot 2015, the PRDnationwide 2016 Australian Economic and Property Report reveals the Australian property market has returned to…
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Real Estate News
Gold Coast Airport Lands On Tweed Drive-In Site
A high profile 5.15 hectare site at Tweed Heads West, which was formerly the iconic Tweed Heads Drive-In has been purchased by the Gold Coast Airport for $11.45 million. The property at 1 Wollemi Place which had been granted development approvals for a Masters Home Improvement store was sold by James Crawford and Darrell Irwin of Colliers International on behalf…
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Real Estate News
Raine & Horne gives homeowners the chance to share in $40,000 prize pool
Australian homeowners considering selling their properties between July and November will have the chance to make the move to their new house even more exciting, thanks to leading real estate group, Raine & Horne. As part of Raine & Horne’s Spring 2016 marketing campaign, “Make Your House A Home”, anyone listing their residential properties for sale with Raine & Horne…
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Real Estate News
New app Abakus helps maximise tax returns for property investors
Abakus Apps, a new finance-based smartphone application and the first of its kind in Australia, launched today. Aimed at everyday Australian residential property investors, Abakus makes property tax management more convenient and efficient – helping users self-manage their investment/s, maximise their tax return and obtain an estimate of their tax position at any time during the financial year. Investing in property offers tax benefits that make real…
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Real Estate News
Close More Sales with Deposit Power’s Home Equity Option
Are your buyers asset rich but cash poor? If the answer is yes, Deposit Power can help set you apart from the crowd by providing them with the freedom to purchase property today. As an agent, it is important to provide a high level of service in order to remain competitive as well as maintaining the loyalty and trust of…
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NSW Real Estate News
Skyline vision to boost economy and employment
The City of Sydney has developed a strategic vision for Sydney’s future skyline with potential building heights in excess of 300 metres – 80 metres taller than Governor Phillip Tower – while still protecting sun access to the city’s important public places and parks. In the most comprehensive urban planning strategy for Central Sydney in 45 years, the City has…
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Real Estate News
realestate.com.au ramps up content offering with relaunched news section
realestate.com.au is ramping up its content offering by increasing its content and product teams and launching a new-look news site. The new investment in content comes as Australia’s leading property site surpassed 3.4 million visits1 for the news section alone, growing 509 per cent year on year2 (January 2015 – January 2016). The new realestate.com.au/news, launched this week, features more…
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Real Estate News
CBP Contractors Renews Lease for Prime Office Space in Brisbane’s Fortitude Valley
CBP Contractors Pty Ltd has renewed its lease at HQ South Tower, 520 Wickham Street, Fortitude Valley, for a further ten years. Following five years at the same address, the construction company will continue to occupy a total of 9,582sq across levels 3, 5, 6, 7 and 8 at one of the inner city fringe’s premier office buildings. Owned by…
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Real Estate News
Industrial Investment Unit for Sale at Auction
The freehold interest in an industrial investment unit in the Hallmarc Business Park at Ormeau on the northern Gold Coast is being offered for sale via auction by Ray White Industrial M1 North. The approximately 252 sqm warehouse/office at 51/28 Burnside Road, Ormeau, is being marketed by Ray White Industrial M1 North Team Leader Lisa Dunne. Ms Dunne said the…
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Real Estate News
Rare Opportunity to Buy Entire Sydney Apartment Blocks in One Line
Another two blocks of Sydney apartments have been listed for sale – this time in Marrickville and Coogee – amid ongoing demand for residential investment opportunities. CBRE’s Peter Vines has been appointed to sell the Marrickville building, which comprises 46 studio and one-bedroom units at 11-13 Osgood Avenue. In a separate campaign, a second block of 24 apartments at 326…
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Real Estate News
Fairfax’s ‘Daily Liberal’ Dubbo Site for Sale at Auction
A central and commercial complex in Dubbo, the headquarters of Fairfax Media’s Daily Liberal newspaper, is being offered for sale via auction by Ray White Commercial NSW and Ray White Dubbo. The approximately 2,185 sqm building at 216 Macquarie Street and 1 Bank Street, Dubbo, is being marketed by Samuel Hadgelias and Jeff Moxham of Ray White Commercial NSW and…
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Real Estate News
Barangaroo development and downsizers driving demand for Pyrmont apartments
With auction clearance rates nearing 100% in recent weeks, the inner city suburb of Pyrmont, which includes the Jacksons Landing precinct, is in hot demand, according to James Pratt, Director Auction Services, Raine & Horne. “The Sydney metropolitan market is enjoying a strong run with 80% clearance rates in recent weekends, however, clearance rates are even better in inner city…
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COMMERCIAL
Chinese Developer Sets New Record with $30.8 Million Box Hill Purchase
Neighboring not-for-profit organisations – Navy Health and Scope – have sold their adjoining Box Hill properties for just over $30 million to a single Chinese developer, setting a new record of almost $12,000 a square metre of land. According to Savills State Director Clinton Baxter, who brokered the sale of the 2,650 square metre site with Director, Nick Peden, and…
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COMMERCIAL
Mandurah Large Format Retail Centre Sold for $13m
A high profile, large format retail centre at the gateway to Mandurah – Western Australia’s fastest growing city – has sold for $13 million through Knight Frank and Raine & Horne Mandurah. The successful purchaser was the well-established Perth based investor and syndicator Sullivan Property Consultants. Located on the corner of Mandurah Terrace and Mandurah Road at the northern entrance…
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INDUSTRY NEWS
realestateVIEW.com.au partners with AFL players to share real estate journeys
realestateVIEW.com.au has launched an exciting new partnership with The AFL Players’ Association with a short behind-the-scenes look at Jack Riewoldt’s family home in Bellerive, Tasmania. The first taste of five AFL stars to begin sharing their real estate story, Riewoldt provides a glimpse into his childhood home in the upcoming series, which will launch on realestateVIEW.com.au on Monday 11th July.…
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INDUSTRY NEWS
BMT Acquires Homesales
BMT Tax Depreciation today announces that it has agreed to acquire homesales.com.au from carsales.com (ASX:CAR) in a move that is expected to generate immediate value for both businesses. BMT is a specialist quantity surveyor and a dominant provider of tax depreciation schedules for property investors across Australia. The homesales.com.au real estate sales portal was launched in 2009 bycarsales.com – Australia’s…
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Real Estate News
Newcastle commercial markets surge on back of share market volatility and DIY super fund demand
Owner-occupiers and investors are combining to drive demand for commercial property in Newcastle priced below $2 million, according to Steven Dick, Co-Principal of Raine & Horne Commercial Newcastle. “The current rules[i] let Self-Managed Super Funds (SMSFs) purchase a business premises, allowing owners to pay rent directly to their SMSF at the market rate,” said Mr Dick. “Savvy Newcastle business owners…
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FRANCHISE NEWS
Barry Plant Group a growing force in Melbourne’s Bayside suburbs
One of Victoria’s top real estate networks, the Barry Plant Group, is making its mark in Melbourne’s Bayside suburbs. It was only a year ago that the group made its first foray into Bayside, taking over Phillips Nicholson’s Mordialloc office and rebranding it to Barry Plant. The group’s unrivalled service, expertise and professionalism has been well received in the area –…
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FRANCHISE NEWS
Laing+Simmons Parramatta turns 21
Next month marks the 21st birthday for Laing+Simmons Parramatta and the team is celebrating its coming of age by partnering with one of western Sydney’s most beloved and important charities. From July 1 to the end of 2016, Laing+Simmons Parramatta will donate $300 to Westmead Medical Research Foundation (WMRF) for every property the team sells. The Laing+Simmons Granville and Auburn…
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