-
INDUSTRY NEWS
Sydney vacancy rate hits 5-year low
The vacancy rate across Sydney has plummeted to a five-year low, putting the city on the verge of a rental crisis, according to the Real Estate Institute of New South Wales (REINSW).
Read More » -
FRANCHISE NEWS
Familiar faces and same great service now with new look
Established agent Annie Hou has opened a new real estate office in Upper Mount Gravatt this month after joining the RE/MAX network in February this year.
Read More » -
BTW
Industry’s knights in ‘shining’ armour come together for a special conference
LJ Hooker's Shine Conference aims to 'shine' a light on the great work property managers undertake within the industry.
Read More » -
INDUSTRY NEWS
App gets more offers on off-market properties
Launched in Sydney this month, Profound is a marketplace for off-market properties where agents can get access to more offers.
Read More » -
Celebrity Homes
Kristen Stewart sells Malibu getaway for $8.3 million
Twilight star Kristen Stewart is looking to downsize her hefty property portfolio starting with the sale of her Malibu getaway for US$8.3 million.
Read More » -
INDUSTRY NEWS
New listings rebound after a quiet April
The number of new listings across the country continues to rise, jumping 12 per cent across the capital cities compared to last month according to PropTrack.
Read More » -
BTW
PRD network bands together to support office devastated by floods
After helping a tenant attend life-saving dialysis treatment during the peak of the Lismore floods, PRD Lismore Principal Robert Horder has won the brand’s John Harvey Award for his outstanding contributions to and leadership in the real estate industry. The Announcement: National real estate brand, PRD has demonstrated its commitment to supporting their offices and staff, after its network banded…
Read More » -
FRANCHISE NEWS
Leading WA agent returns to global brand
RE/MAX Southern Stars has welcomed the return of Nic Sauzier, one of Western Australia's top selling agents.
Read More » -
Real Estate News
CBD office occupancy rates rise as workers return
Office workers are flocking back to CBDs across the nation despite Covid and a rising number of flu cases.
Read More » -
COMMERCIAL
Commercial service station sector still growing despite EV push
Growth in investment in commercial service stations was elevated in 2021, despite Government attempts to encourage electronic vehicles (EV).
Read More » -
INDUSTRY NEWS
Growth across capital cities slowing at
record paceThe annual rate of price growth across Australia's capital cities is slowing at the fastest rate since 1989.
Read More » -
SUPPLIER NEWS
REA Group announces new organisational structure
REA Group has announced changes to its organisational structure to further progress its strategy to build next generation marketplaces.
Read More » -
BTW
Raine & Horne knights Newcastle with CBD office as fast trains beckon
Raine & Horne has added an office in Hunter Street Newcastle as talk of a fast train service between Sydney and Newcastle gains speed.
Read More » -
INDUSTRY NEWS
Australia is the 13th strongest property market in the world
A number of Australia’s major cities have featured in the global list of best-performing housing markets over the past 12 months.
Read More » -
BTW
Raine & Horne Chairman welcomes Blue Mountains tunnel
Long term advocate for a Blue Mountains tunnel, Angus Raine, Executive Chairman, Raine & Horne, has welcomed the confirmation this week by the NSW Government that an 11km toll-free tunnel from Blackheath to Little Hartley has the green light.
Read More » -
INDUSTRY NEWS
Rents and mortgage repayments to keep rising
Rents and mortgage repayments are expected to continue to rise over the next 12 months, putting more pressure on households already struggling with the high cost of living.
Read More » -
INDUSTRY NEWS
Lenders have been quick to pass on interest rate hikes
Following the first cash rate hike in over a decade, lenders have been quick to pass on the rate rise to borrowers, with 95 per cent of lenders raising interest rates 0.25 per cent according to Canstar.
Read More » -
INDUSTRY NEWS
Queensland property market defying the downturn
he Queensland property market is still experiencing 'healthy growth' and is continuing to defy the downturn seen elsewhere, according to the Real Estate Institute of Queensland (REIQ).
Read More » -
BTW
RE/MAX has history in Kenmore
One of Australia's most awarded real estate offices, RE/MAX Profile, has relocated to where it all started - Kenmore, the home of Australia's first RE/MAX office.
Read More » -
BTW
Knight Frank appoints new Chief Financial Officer
Jamie Harding has been appointed to the position of Chief Financial Controller at Knight Frank.
Read More » -
INDUSTRY NEWS
Perth prices rise as the market outperforms Sydney and Melbourne
Home prices across Perth have continued their rise, increasing 0.6 per cent in May according to new data from CoreLogic.
Read More » -
INDUSTRY NEWS
Barellan Point is Australia’s top family housing market
Barellan Point in regional Queensland has been named the top housing market for families according to new research.
Read More » -
FRANCHISE NEWS
Top Bayside agent Tracy Tian Belcher joins The Agency
High-profile agent Tracy Tian Belcher has joined The Agency as a property partner in the brand's Victoria team.
Read More » -
BTW
Max Brown appoints new general manager
Max Brown Real Estate Group has appointed Gary Dans as its new General Manager.
Read More » -
INDUSTRY NEWS
Dubbo Council looking to undertake 3D house printing trial
The Dubbo Regional Council is moving forward with a proposed trial of 3D printed houses to potentially help ease the lack of supply of homes in the region.
Read More » -
INDUSTRY NEWS
Cash poor Australian households look to downsize
After two years where Australians were scrambling for larger homes, a new survey has found one in eight are now looking to downsize as higher living costs start to bite.
Read More » -
FRANCHISE NEWS
Massive growth for Boettchers Estate Agents
Future looks bright for Boettchers Estate Agents after achieving 708% growth in their first 12 months!
Read More » -
Celebrity Homes
The house that inspired The Conjuring movies sells
The Rhode Island farmhouse made famous by the horror movie franchise The Conjuring has sold to a buyer who wants to use the property to help others “connect with spirits”. According to Inman, the home, which dates back to approximately 1736, sold for US$1.525 million – well above its US$1.2 million asking price. The one caveat with the sale of…
Read More » -
BTW
Time to get to work on housing plan, says REIA
REIA will today outline the critical success factors and key next steps that must be taken to ensure the National Plan for Housing and Homelessness has the right outcome.
Read More » -
FRANCHISE NEWS
RE/MAX continues its push into Upper North Shore market
RE/MAX Lead has opened in Roseville this week under ownership of experienced business owners Tom Leng and Carrie Chen.
Read More » -
INDUSTRY NEWS
Unprecedented demand for industrial property pushing up prices
Record demand for industrial space has continued to put upward pressure on rents and property values with the trend expected to continue.
Read More » -
WEIRD AND WONDERFUL
Gucci and Oura collaborate on smart ring
High-end luxury fashion house Gucci has moved into the health and wellness sector, partnering with Oura to collaborate on a smart ring designed to help the wearer ‘discover themselves’. Designed by Finnish health-technology company Oura Health the Oura Ring tracks the users sleep, activity, heart rate and temperature with science-backed insights. Now Oura has collaborated with Gucci to create an…
Read More » -
BTW
Belle Property expands its Adelaide footprint to West Lakes
Belle Property is making further inroads into the Adelaide market with the opening of its latest office in West Lakes on 1 June.
Read More » -
INDUSTRY NEWS
Home prices fell in May as interest rates rose
Home prices across the country fell for the first time since the start of the pandemic just as homeowners saw the first RBA rate rise in over a decade.
Read More » -
BTW
Laing+Simmons Lithgow opens with experienced local team
Under the leadership of high-profile local real estate identity Graham Hodson, a new Laing+Simmons office opens this week in Lithgow in a further boost to the brand’s growing regional network.
Read More »