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SUPPLIER NEWS
New property.com.au marketplace boosting vendor confidence
REA Group’s property research destination, property.com.au, has today launched a new consumer Marketplace aimed at removing more barriers for buyers and sellers.
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SUPPLIER NEWS
Domain launches ‘find your way home’ spring campaign
Leading property marketplace Domain has launched its national multichannel spring campaign via DDB and PHD following another successful year, which saw digital audiences peak to 8.4 million in a month.
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BTW
Holly Jones takes out two top gongs at Ray White international awards
Holly Jones said she loves providing incredible results throughout the selling process and finds helping buyers find their dream property incredibly rewarding.
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INDUSTRY NEWS
Big banks pass on the full 0.5 per cent rate hike
Three of the big four banks have passed on the Reserve Bank of Australia's full August interest rate rise of 0.5 per cent.
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INDUSTRY NEWS
Nerida Conisbee: Why mortgagee sales are rising
Cost of living pressures and mortgage stress has seen the number of mortgagee sales increase according to new data.
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INDUSTRY NEWS
Free real estate job search website launched
Entry Education has broken new ground with the creation of an innovative job search website designed by property professionals for property professionals.
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BTW
Alec Brown named Ray White Australia’s top auctioneer
Alec Brown says he sees auctioneering as a responsibility to agents and their clients, so he ensures he brings his A-game and strives to help facilitate the best outcome. The Announcement: Alec Brown from Ray White Canberra is one of the country’s leading auctioneers and has just been named Ray White Australia’s top auctioneer for 2022 at the agency’s national auctioneering…
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INDUSTRY NEWS
Top locations for investors with a $100k deposit
Outer city and regional areas are providing the best value for investors with a $100,000 deposit according to new research.
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INDUSTRY NEWS
The Tasmanian market contracts as rates rise
Rising interest rates have started to bite in Tasmania with sales activity contracting.
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BTW
Brisbane eastern suburbs expert joins RE/MAX Results
Karen Chappell’s ability to give clients total honesty, focus and care aligns with RE/MAX’s values, making the move a great cultural fit. The Announcement: Real estate director Hayley Van De Ven continues her success in attracting elite agents to her RE/MAX Results team, with highly acclaimed Brisbane eastern suburbs specialist, Karen Chappell, the most recent addition. Ms Chappell has more…
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INDUSTRY NEWS
Inflation outstrips rental growth for more than a decade
Inflation has risen at more than twice the rate of weekly rents over the past decade, forcing many landlords to say "enough is enough".
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FRANCHISE NEWS
Cranbourne agency explores ‘all avenues’ with new business
When experienced agents Naval Aulakh and Yogi Patel decided it was time to break the mould and start their own agency, they enlisted the help of Identity Marketing to create their brand from the ground up.
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BTW
Record results for BresicWhitney
BresicWhitney posted record results in its 2021/2022 financial report, following the new leadership structure lead by Thomas McGlynn and Will Gosse.
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BTW
LJ Hooker opens two new offices in thriving NSW regional hubs
LJ Hooker have opened two new offices in Bathurst and Griffith as the group continues to expand in New South Wales.
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FRANCHISE NEWS
RE/MAX Extreme grows with addition of Oceanside Realty
Neighbouring real estate businesses have merged in Perth with the sale of successful boutique agency, Oceanside Realty, to RE/MAX Extreme, a leading office in the Australian and global network.
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COMMERCIAL
Office demand improving for high migration states
Locations with strong population growth have also started to see improvement in office demand.
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INDUSTRY NEWS
Should NZ first-home buyers purchase now or wait?
There might be merit in first home buyers waiting a little longer before trying to get into the New Zealand property market, according to a leading expert.
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BTW
Belle Property Newmarket welcomes Jonathan and Anna Levey
Belle Property is pleased to announce new leadership to its leading Newmarket office in Brisbane. The Announcement: Leading real estate brand Belle Property has announced an exciting change of ownership of its successful Newmarket office. After eight years as business owners of a nearby real estate agency, leading Sales agent and Principal, Jonathan Levey, and Property Management specialist, Anna Levey,…
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INDUSTRY NEWS
More Perth suburbs join the million-dollar club
Strong price growth across the upper end of the Perth market has seen eleven new suburbs join the million-dollar price bracket for the first time.
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INDUSTRY NEWS
Sydney properties top the international waterfront index
Luxury waterfront properties in Sydney command the highest premiums in the world, with the Harbour City taking out top spot in this year’s international waterfront index.
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BTW
McGrath announces expansion in NSW alpine region with third key office
Two years ago McGrath launched its first office in the Snowy Monaro, and now they are opening their third office in the region, all under the banner of McGrath Snowy Mountains. The Announcement: Following the successful launch of two regional agencies in Cooma and Berridale in 2020, McGrath Estate Agents today announced the opening of a third office, this time…
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SUPPLIER NEWS
Listings surge sees REA Group post strong earnings
REA Group has released its full-year financial results with the post-lockdown surge in listings on realestate.com.au leading to a sharp jump in both revenue and earnings.
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INDUSTRY NEWS
Three-quarters of Aussie borrowers have had their interest rates increased
Australian borrowers have felt the pinch of rising interest rates with 77.1 per cent of mortgage holders already experiencing a rate hike, according to a new survey.
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INDUSTRY NEWS
Australia’s very own Schitt’s Creek hits the market
If you’ve ever dreamed of owning your own town, just like the Rose family's infamous purchase in the hit TV show Schitt’s Creek, then you might have your opportunity with the small Victorian town of Coopers Creek hitting the market.
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BTW
What agents can learn from Olympian Jana Pittman
Olympian Jana Pittman spoke at Connect 2022 about how her failures have helped shape who she is today. The Announcement: World champion athlete Jana Pittman has experienced plenty of highs and lows in her life and she shared that amazing story with 3,000 attendees at Ray White’s Connect conference. She’s an Australian hero, well-known for her impressive athletics career but…
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INDUSTRY NEWS
Ray White returns to ‘The Shed’ to celebrate 120 years
Almost 300 Ray White members and their families have attended the Ray White Group's The Shed Open Day to celebrate 120 years of the leading brand on the site where the agency started.
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BTW
Southern investor demand prompts Raine & Horne Commercial to launch in Townsville
Raine & Horne Commercial has opened a new office in Townsville, the largest city in Northern Australia. The Announcement: With southern investors leading the charge for local commercial real estate, Raine & Horne Commercial has announced the launch of a new office in Townsville. Led by Steve Leaumont, who since 2017 has been the principal of the highly successful Raine…
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INDUSTRY NEWS
New tenancy laws could prove problematic for Queensland landlords
The Real Estate Institute of Queensland (REIQ) has pushed back against State Government changes to rental laws, which could see landlords “inherit a tenant for life”.
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Elite Agent
Michelle Bourne: a shining light on Sydney’s Northern Beaches
Michelle Bourne came to real estate later in life but that hasn't stopped her setting up a boutique agency with her husband Andrew. As Michelle explains, the "stars aligned" when they established Rightside, and now she's focused on growing the Manly agency even further.
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BTW
Ray White Queensland celebrates its 2022 award winners
Some 1200 Ray White Queensland members gathered at the Gold Coast Convention Centre last night to celebrate the achievements of the top offices and individuals over 2021/22.
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BTW
Knight Frank appoints head of retail valuations
The appointment has bolstered Knight Frank’s valuation and advisory team, with the global property consultancy now providing a full service offering to clients. The Announcement: Knight Frank has made a new appointment to its Valuation & Advisory team, bolstering the global property consultancy’s offering to clients. Hanna Clarke has joined the team in Sydney as Partner, Head of Retail Valuations…
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INDUSTRY NEWS
National vacancy rate drops to a record low
The national vacancy rate has tumbled to a record low, dipping under 1 per cent and heaping more pressure on tenants already struggling with rising rents.
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COMMERCIAL
Demand for CBD office space slowly returns
Demand for office space remains solid as tenants slowly return to CBDs across the country.
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INDUSTRY NEWS
Falling investor lending to put pressure on renters
The rate of growth of new home loans to investors is slowing which could make it harder for tenants to find rental properties according to an expert.
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INDUSTRY NEWS
Fairlight cottage tipped to go from $3000 to more than $3 million
A Circa 1910 cottage that cost just $3000 about 60 years ago is now on the market with a price guide of $3.7 million.
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