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BTW
Stars shine at 2022 REIACT awards for excellence
The annual REIACT awards for excellence saw 440 professionals come together to celebrate their achievements. The Announcement: A Covid lockdown and Federal Election couldn’t deter the real estate industry from reaching new heights in 2021-2022, with 440 professionals from the ACT real estate sector coming together on Friday night at the Hotel Realm to celebrate their achievements and recognise both…
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INDUSTRY NEWS
A scroll through Melbourne’s most popular streets
Outer suburb Melbourne McMansions have dominated Victoria’s buyer interest over the last three years according to realestate.com.au.
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INDUSTRY NEWS
International buyers return to luxury property markets
With travel restrictions continuing to ease by the day, international buyers have returned to hunting for luxury property in many of the world's most exclusive markets.
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INDUSTRY NEWS
Rising rates to continue to weigh on property markets: RBA
Rising borrowing costs will likely see property prices fall, however, the magnitude and timing is unclear according to the RBA.
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BTW
Dan Cooper joins Ray White Canberra
Ray White Canberra Chairman Ben Faulks said Dan Cooper will be focused on his sales and auctioneering at Ray White.
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INDUSTRY NEWS
Building high-quality housing doesn’t make older properties more affordable
Filtering, the process of building new high-quality homes for higher income earners, doesn’t necessarily make older homes more affordable according to new research.
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INDUSTRY NEWS
Property values fall in 80 per cent of New Zealand suburbs
Property prices across New Zealand continue to soften with values down in more than 80 per cent of suburbs according to new data.
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SUPPLIER NEWS
Nathan Gallagher takes the helm as REA Group’s national sales director
REA Group continues its focus on customers with new roles announced for Ben Auchettl and Nathan Gallagher.
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INDUSTRY NEWS
Busiest winter for new listings in five years
Listings are beginning to pick up across the country, ahead of the typically busy spring season.
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INDUSTRY NEWS
Sydney’s Annandale Abbey back on the market for $15 million
One of Australia’s finest heritage homes, Annandale Abbey, is back on the market for $15 million.
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BTW
Ray White AKG promotes female leadership
The Ray White Avi Khan Group has appointed a series of female leaders in key roles as it recalibrates for the future.
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BTW
New home sales fall further in August
Sales of new homes over the past two months are reflective of a slowing market and the impact of the cash rate rise. The Announcement: “New home sales fell by 1.6 per cent in August after the 13.1 per cent decline seen in July,” stated HIA Economist Tom Devitt. The HIA New Home Sales report – a monthly survey of…
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INDUSTRY NEWS
AI tech that assists agents in qualifying buyers
Buyer management is in the spotlight as the needle shifts on buyers this Spring selling season. The common way of qualifying buyers, via phone call, is working, but is it scalable?
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INDUSTRY NEWS
Sydney’s top-performing suburbs over the past year
Despite property prices trending lower across Sydney, there are still a number of suburbs that continue to perform strongly according to new analysis.
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COMMERCIAL
“Tax grab” could see investors leave the Queensland market
The Queensland government’s “tax grab” could see residential property investors exit the market and put pressure on small businesses according to an expert.
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INDUSTRY NEWS
Brisbane’s rental crisis putting vulnerable renters at risk
The rental crisis in Brisbane is leaving many vulnerable and low-income earners at risk of homelessness according to an expert.
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BTW
Top achievers and contributors recognised at Barry Plant Awards
On the 8th of September nearly 800 people gathered at the Palladium Room at Crown Casino to hear who would take home this year’s Awards for Excellence in the Barry Plant Group.
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INDUSTRY NEWS
Big banks increase mortgage rates again
All four major banks have passed on the full 50 basis point interest rate increase, while once again savers have missed out.
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National
Domain supports ‘Move to More’ campaign with Regional Australia Institute
Domain will partner with the Regional Australia Institute (RAI) in its ‘Move to More’ campaign, which aims to showcase all vibrant regional communities can offer those seeking a tree change. The national property platform will use its data-based regional property insights to highlight the opportunities and challenges that exist in the regional property market, including rising demand and housing supply…
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BTW
Devonport office recognised for outstanding contribution to the LJ Hooker Group
Just three years after opening, LJ Hooker Devonport has taken out the prestigious title of Business Owners of the Year at the network’s annual Night of the Stars Awards.
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INDUSTRY NEWS
Fixed-rate mortgage bomb set to go off
Thousands of borrowers on fixed-interest home loans are facing an interest rate “cliff” and could be plunged into mortgage stress by the end of the year.
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INDUSTRY NEWS
$8 million double apartment sale in The Horizon breaks records
A double apartment in Sydney’s The Horizon tower has sold for a record-setting $8 million.
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INDUSTRY NEWS
Cloudstaff launches dedicated property division for the Australian market
Cloudstaff, the Australian-headquartered remote staffing platform, has announced the launch of a dedicated division to service the Australian real estate market.
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BTW
BresicWhitney reveals 2025 Strategic Direction
BresicWhitney’s Mission for 2025 is to be the ‘leading property group in Sydney’. The Announcement: BresicWhitney has revealed its 2025 Mission to be the ‘leading property group in Sydney’. This is an evolution of its lifestyle-focused positioning, taking a wider lens that aims to continue leading the property experience and environment for all who participate. This includes its people, its…
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INDUSTRY NEWS
Trading up is getting easier in New Zealand
Upgrading your home is gradually getting easier across New Zealand, with new data showing the premium to trade-up is on the decline.
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INDUSTRY NEWS
Risky lending falls as tough APRA rules kick in
The value of risky mortgages continues to fall after tough new rules from the Australian Prudential Regulation Authority (APRA) start to take hold.
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INDUSTRY NEWS
A unique spring selling season on the horizon
Despite the arrival of the spring season, sales activity is expected to be a little different this year as mortgage rates, weak consumer sentiment and stretched household budgets begin to bite.
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BTW
REIQ: encouraging ‘rightsizing’ is the right move
The REIQ supports initiatives that make downsizing an easier financial decision for older Queenslanders.
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SUPPLIER NEWS
MyHomeVault app puts property information in the palm of your hand
An Australian real estate app that stores property information in one secure place is now available on the Apple App and Google Play stores.
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Real Estate News
Tech occupiers drive rapid growth in city fringe office market
Commercial investor activity on Sydney’s city fringe is tipped to hit record levels before the end of the year.
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INDUSTRY NEWS
Mortgage anxiety rises as the RBA continues to hike the cash rate
Rapidly rising mortgage rates could leave borrowers in serious financial trouble with new research finding two-thirds of homeowners may default as a result of the increased cash rate.
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Real Estate News
Australia’s largest landowners buy NT cattle station for $70 million
Australia’s largest private landowners, pastoralists Donny and Colleen Costello, have expanded their cattle station empire to more than 9.2 million hectares, after acquiring Mount Doreen Station in the Northern Territory for $70 million.
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BTW
Nation’s first drive-through ramen restaurant located at brand new service centre
Australia’s first drive-through ramen restaurant has been brought to market as part of an Ampol Service Centre with Ray White Commercial QLD. The Announcement: A brand new service station has hit the market in Pimpama, complete with Australia’s first drive-through ramen restaurant. Located at 68 Pimpama Jacobs Well Road, the fully-leased Pimpama Ampol Service Centre is being brought to market…
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BTW
Stone Real Estate opens new franchise in Warner, Queensland
Real estate franchise network Stone is continuing to capitalise on the enormous growth potential in Queensland with a brand new office The Announcement: Stone Real Estate has announced its latest Queensland office, located in the Pine Rivers district of Warner, north-west of Central Brisbane. The office previously operated as family business Ward Real Estate, run by owners John and Sue…
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INDUSTRY NEWS
Brighton penthouse smashes the suburb’s price record
A new designer penthouse in Melbourne has set a suburb price record by millions of dollars.
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