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INDUSTRY NEWS
Perth’s bargain suburbs under $375,000
Despite Perth seeing a strong 12 months of property price growth, it’s still possible to find bargain buys close to the CBD according to REIWA.
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BTW
New leadership duo for Belle Property Mosman
Matthew Smythe and Mark Jackson have taken on leadership roles at their fourth Belle Property office, Belle Property Mosman. The Announcement: Belle Property has announced that veteran lower north shore market experts, Matthew Smythe and Mark Jackson, will lead the brand’s well-established and highly successful Mosman office. Matthew and Mark are also the co-principals of three other high-performing Belle Property…
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INDUSTRY NEWS
What’s driving the housing markets: HTW
Demand for residential property remains strong, however, the rate of growth is slowing according to the latest Herron Todd White (HTW) Month in Review.
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INDUSTRY NEWS
First Home Guarantee Scheme might not help all first-time buyers
While the First Home Guarantee Scheme has been expanded to help more first home buyers enter the property market, a leading expert believes many purchasers will not be in a position to access the increased financial caps.
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INDUSTRY NEWS
How property can help Australia become prosperous again
The Property Council of Australia is calling on the next Federal Government to adopt a range of property-related initiatives to help the country 'make the most of the 2020s' and return to prosperity.
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INDUSTRY NEWS
How to deliver ‘wow moments’ in a changing market
constraints and weakening consumer sentiment, Exp Australia Director Emily Morgan knows her vendors need more than her knowledge and experience to successfully navigate the current changing market.
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BTW
Local real estate professional expands to Berrima
One of the Southern Highland's most dynamic sales agents has expanded his business into Berrima with Australia's largest real estate group.
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BTW
Hockingstuart opens new Bundoora office
Hockingstuart has announced the opening of its newest office in Bundoora, led by Principal Tony Nguyen.
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INDUSTRY NEWS
Investor lending reaches record high
Lending to investors has hit a record high level, outpacing the last two property booms.
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Real Estate News
East coast kicks off 2022 with $150B worth of property sales
Despite talk of a softening market, Australia’s love affair with real estate continues, with the latest data from PEXA revealing more the $150 billion worth of property on the east coast settled during the first quarter of 2022.
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BTW
Stefon Bertram opens Sydney’s newest premium real estate agency Pello
Pello, a new-model premium real estate agency that focuses on market segment mastery in price points and locations, has officially opened its doors.
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Celebrity Homes
Bruce Willis’ former getaway is for sale at $37.5 million
Bruce Willis' former beachfront estate in the Turks and Caicos on Parrot Cay is for sale at US$37.5 million.
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INDUSTRY NEWS
Confidence in property dips in March
Confidence in Australia's property sector fell slightly in March but remains at historically elevated levels, according to the latest ANZ/Property Council's industry survey.
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INDUSTRY NEWS
Construction costs rise at the fastest rate in 21 years
The cost to construct a new home is rising at the fastest rate since 2001 putting increased pressure on builders, new home buyers and renovators.
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INDUSTRY NEWS
Brisbane high performer returns to RE/MAX
Accomplished Brisbane agent Henry Wong has rejoined the RE/MAX network after an absence of less than two years.
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INDUSTRY NEWS
Rents continue to rise as supply shortage bites
Rental prices for houses in Australia’s capital cities have hit their highest point on record, with the median price now $508 per week, according to the latest data.
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INDUSTRY NEWS
Four ways rural agents are leveraging technology
The perks of technology in rural Australia go beyond just posting your property to a major real estate portal.
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FRANCHISE NEWS
UrbanX raises millions to fund expansion and innovation
Billed as the future of real estate, UrbanX (“UX”) is revolutionising the traditional model by empowering Australia’s top agents to work for themselves & create their own unique brands.
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INDUSTRY NEWS
Family home sells for $1.4 million with a Realtair timed auction
Live auction service Realtair has been used to sell a Warilla home on the NSW South Coast, with the local buyer making the purchase while working from home.
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INDUSTRY NEWS
Housing values fall in Sydney and Melbourne
Property values in Sydney and Melbourne have started to slide, falling as much as 7.2 per cent in the first quarter of the year, new analysis shows.
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INDUSTRY NEWS
Big 4 banks tip interest rates to rise in June
The big four banks have revised their cash rate forecasts, tipping the next tightening cycle to start as early as June.
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INDUSTRY NEWS
Renters lose out in governments’ ‘patchy’ response to the pandemic
Renters were the big losers with the state and territory government's hasty response to the pandemic labelled “patchy” by a new report.
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BTW
Unique partnership’s latest development
NAI Harcourts Metro has partnered up with Access Plus WA Deaf where they have created Cue Cards to assist in communicating with the hospital’s deaf and hard of hearing patients.
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INDUSTRY NEWS
Hobart named fourth-strongest property market in the world
Hobart has been named the fourth-strongest property market in the world, according to the latest Frank Knight Global Residential Cities Index.
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INDUSTRY NEWS
REIA honours the industry’s best at National Awards for Excellence
The winners of REIA's National Awards for Excellence (NAFE) 2022 have been announced with a host of industry leaders being honoured across 21 categories.
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INDUSTRY NEWS
Home Guarantee Scheme to put upward pressure on property prices
The recently expanded Home Guarantee Scheme announced in the latest Federal Budget could put further upward pressure on property prices according to experts.
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BTW
John McGrath appointed CEO of McGrath
McGrath founder John McGrath has today returned to the helm of the company he started in 1988.
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INDUSTRY NEWS
Openn signs pilot agreement with two North American real estate groups
Australian-listed PropTech company Openn Negotiation has announced a pilot agreement with two major North American real estate groups.
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BTW
Ray White Sutherland Shire expands into Engadine with fifth office
Matt Debreczeni and Gavin Ottaway are proud of their growth in the team and are excited to have an office in an area they are highly experienced in.
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INDUSTRY NEWS
5 factors that drive success on auction day
With the auction process more popular than ever, a new report has identified five key factors that drive success on auction day.
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INDUSTRY NEWS
Sydney office market returning to normal
The Sydney office market is slowly returning to normal post Covid, with tenants increasingly searching for larger spaces to rent.
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BTW
Property Council welcomes focus on sustainability and housing supply
The Property Council of Australia has welcomed the NSW Government's decision to progress with sensible improvements to the BASIX (Building Sustainability Index) system and its restated commitment to housing supply.
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INDUSTRY NEWS
New Zealand house prices continue to soften
New Zealand property prices are growing at a slower rate, with the latest CoreLogic House Price Index (HPI) showing a 0.7 per cent rise last month.
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FRANCHISE NEWS
Vanessa Jeans joins Harcourts Victoria as franchise development manager
Vanessa Jeans has been appointed franchise development manager and corporate auctioneer for Harcourts Victoria, bringing with her a wealth of real estate experience.
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