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INDUSTRY NEWS
Voters worry young people won’t be able to buy a home
Nearly three quarters of voters fear young Australians will never be able to afford a home according to new research.
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INDUSTRY NEWS
Homebuyers cautious of potential natural disasters when moving to regions
Three-quarters of Australians would consider moving to a large regional centre under the right circumstances but are wary of the risk of extreme weather events, according to new research.
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INDUSTRY NEWS
Real estate’s night of nights – all the AREAs winners
DiJones taking out Residential Agency of the Year for the second year in a row.
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BTW
David Cutler joins the LJ Hooker performance team
David Cutler will partner with Stephen Mutton to support the growth of offices and their teams, as well expand the group across Victoria and Tasmania. The Announcement: LJ Hooker has demonstrated its commitment to growth and performance with the appointment of David Cutler as State Manager for Victoria and Tasmania. Mr Cutler has almost 25 years of experience in sales,…
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INDUSTRY NEWS
The Sydney suburb that is Australia’s tightest housing market
North Sydney is the most undersupplied market in Australia with ‘extraordinarily low’ inventory levels making life tough for buyers according to new analysis.
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BTW
Belle Property Escapes expands to Byron Bay
The expansion of Belle Property Escapes to Byron Bay is expected to meet demand for premium holiday accommodation.
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INDUSTRY NEWS
Young Aussies stuck living at home longer
The rising cost of housing around the country is forcing young Australians to stay at home longer with 25 per cent of millennials still stuck with their parents after turning 30.
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BTW
CoreLogic commits to building better and more sustainable lives
CoreLogic NZ has joined the Sustainable Business Council and committed to a range of sustainable practices including reducing carbon emissions. The Announcement: CoreLogic NZ has taken steps to actively demonstrate its commitment to improving its sustainable business practices by joining the Sustainable Business Council (SBC). Today’s announcement follows a recent internal engagement survey which found 96% of employees either agreed…
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BTW
Women in Real Estate event coming soon
The 15th annual Real Estate Institute of NSW (REINSW) Women in Real Estate (WIRE) conference will be held at Royal Randwick Races in Sydney on Tuesday 29 March.
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BTW
Australian Auctioneering Championship returns for 2022
The championship will see the industry’s leading property auctioneers go head-to-head for the title. The Announcement: Real Estate Institute of Australia (REIA) and Real Estate Institute of New Zealand (REINZ) have today announced the highly anticipated Australasian Auctioneering Championship (AUSTROS) is returning in 2022. Taking place from 16-18th October, this year’s AUSTROS will see industry leading property auctioneers descend on…
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Celebrity Homes
Adam Levine lists his mansion for $57.5 million
After recently stating they would never sell, Adam Levine and his supermodel wife Behati Prinsloo have listed their luxury LA compound for US$57.5 million. According to The Dirt, the couple purchased the three acre ranch-style estate from Ben Affleck and Jenifer Garner and have listed the property for US$25 million more than they paid for it. The rocker and his…
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FRANCHISE NEWS
How Antony Thompson grew his business 140 per cent in just one year
When Antony Thompson decided to go out on his own and launch Blac Property Group powered by UrbanX, he was nervous about running his own business.
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INDUSTRY NEWS
Sydney second to Hong Kong as world’s least affordable property market
Sydney has been named the second most unaffordable housing market in the world according to new research.
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INDUSTRY NEWS
Investors should look to capitalise on rising listings
Buyers should look to capitalise on slowing market conditions and take a long-term approach to investing according to a leading buyers agent.
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INDUSTRY NEWS
One in four NSW and QLD residents not insured for extreme weather
New data suggests 22 per cent of New South Wales and Queensland residents are uninsured against extreme weather events such as floods, bushfires, or storms.
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BTW
Knight Frank opens new Gold Coast office
Knight Frank will open a Gold Coast office based in Surfers Paradise this month, kickstarting the expansion plan for the brand in Queensland. The Announcement: KNIGHT FRANK will open a Gold Coast office this month as activity in the city’s commercial market builds in the lead up to the 2032 Olympic Games. George Parzis and Abel Erasmus will head up the…
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BTW
First National announces SA/NT 2022 General Excellence and Marketing Awards
The awards night recognised new offices, new salespeople and new investor relations managers for their outstanding work. The Announcement: First National Real Estate’s SA/NT agents were presented with their 2022 General Excellence and Marketing Awards at Intercontinental Adelaide on Friday night. It was a triumphant night for FN O’Donoghues, which was announced Magnificent 7 – No.1 Sales Office of the…
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INDUSTRY NEWS
‘Uncertainty’ remains in national office markets: HTW
Despite Covid restrictions slowly easing around the country, it will take some time before businesses and employees return to the CBD amid ongoing “uncertainty” according to the latest Herron Todd White Month in Review.
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INDUSTRY NEWS
Australia entering a GFC-style rental crisis
Australia is on the cusp of a GFC-style rental crisis with more pain ahead for renters according to a leading expert.
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INDUSTRY NEWS
REIWA calls for targeted stamp duty reform
REIWA is calling on the WA Government to introduce stamp duty reforms to help first home buyers and seniors, off-the-plan properties and small businesses.
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INDUSTRY NEWS
Bridging loan FinTech Bridgit raises $7.7 million
Non-bank lender Bridgit has secured $7.7 million in its latest funding round as the FinTech company looks to expand its bridging loan product.
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BTW
Stone Real Estate continues its business expansion at The Entrance
Stone Real Estate has taken over an existing property management and sales department to expand their business at The Entrance.
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Elite Agent
Australia’s biggest and most unusual fears
If you don’t like hanging out in large crowds you’re not alone with new research finding two-thirds of people have an irrational fear of big gatherings.
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INDUSTRY NEWS
Meriton and MRI Software partner in built-for-rent project
Australia’s biggest residential apartment developer, Meriton, has chosen MRI Software to take the management and maintenance of 9000 built-for-rent Meriton apartments across NSW and QLD online as part of a new three-year contract with the global real estate software leader.
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INDUSTRY NEWS
Australian residential property value nears $10 trillion
The total value of Australia’s 10.8 million residential properties has increased at record pace to nearly $10 trillion ($9901.6 billion) according to new data.
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BTW
Property Council welcomes analysis of regional strengths and weaknesses
The report has the potential to improve planning and infrastructure investment to support regional growth. The Announcement: The Property Council of Australia today welcomed the release of Infrastructure Australia’s latest report into the strengths and infrastructure gaps in Australia’s regional areas. The first report of its kind, the expansive study examined the opportunities and challenges facing the regions as more…
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BTW
Peloton brings connected fitness to luxury accommodation
Peloton checks into hotels to support the fitness and wellbeing needs of Australians when they travel. The Announcement: Following 2021’s highly anticipated launch of Peloton in Australia, the leading interactive fitness platform that pioneered connected, technology-enabled fitness, will continue its expansion with Peloton Commercial to serve members on the road, as well as at home. The Australian hospitality industry has…
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INDUSTRY NEWS
Domain Trailblazer Awards to recognise emerging talent
Domain will recognise emerging agents and property managers who find innovative ways to help colleagues, clients and their business reach their goals, with a new awards series.
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SUPPLIER NEWS
REA Group refreshes property.com.au
REA Group has today announced a refresh to property.com.au, the first investment in the property website in a number of years.
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Real Estate News
Investors driving rising markets on Herron Todd White property clock
Soaring Sydney property prices in 2021 “overshadowed” another key market trend of rising rental rates, according to the latest Herron Todd White (HTW) Month in Review.
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Celebrity Homes
Sylvester Stallone lands another property punch
It might have been Arnold Swartzenegger who declared “I’ll be back”, but it’s fellow action star Sylvester Stallone that’s bounced back into the property market.
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INDUSTRY NEWS
House prices grew at the fastest rate in 20 years
National house prices grew at 25.1 per cent in 2021, making it the fastest annual growth rate in 20 years, according to new data.
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INDUSTRY NEWS
Reapit set to expand portfolio with acquisition of Console
Cloud-based property software provider Reapit, backed by private equity firm Accel-KKR (AKKR), has announced the acquisition of Console.
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FRANCHISE NEWS
Western Sydney duo seizes the chance to make their own decisions
Two Western Sydney agents have joined forces, to launch their own business, InHaus Estate Agents, powered by UrbanX.
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INDUSTRY NEWS
Australian house prices grow at the fastest rate in the world
Australia has taken top spot as the country with the highest rate of annual price growth in 2021.
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