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WA Real Estate News
Perth buyers soak up listings despite wet conditions in July
Perth's wet weather hasn't dampened buyers' interest, according to REIWA.
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Real Estate News
Rex Software celebrates 10 years servicing the real estate sector
Rex Software looks back at 10 years servicing the real estate sector and the major milestones they've enjoyed along the way.
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Real Estate News
The ATO warns property investors to be aware of common tax return traps
The Australian Taxation Office (ATO) has reminded property investors to look out for common tax return mistakes that can delay refunds or lead to an audit, costing taxpayers' time and money.
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Real Estate News
Sydney lockdowns could cause another Australian recession
68 per cent of Finder's surveyed experts believe Sydney's extended lockdown could be a catalyst for another recession in Australia.
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Real Estate News
PropertyMe celebrates reaching 4500 subscribers and 1.3 million properties
lian property management software company PropertyMe has surpassed their milestone of 4500 agency subscribers and is now used to manage over 1.3 million properties.
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BTW
Crown Group offers ‘try before you buy’ for its luxury apartments
Crown Group has established a ‘try before you buy’ strategy for their Waterfall by Crown development, giving potential buyers the opportunity to trial the luxury apartments. The Announcement: Crown Group is offering potential apartment buyers the opportunity to experience the luxurious resort-style lifestyle offered at its spectacular $400 million Waterfall by Crown Group mixed-use development, before they commit to buy.…
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BTW
Coveted development site in Tweed Heads listed
A new development site in Tweed Heads has hit the market, listed under Ray White Commercial. The Announcement: Uniting have just announced their sought-after development site in Tweed Heads has hit the market, with price expectations in the $6 millions. The 8,884 sqm site at 68-78 Keith Compton Drive, Tweed Heads, is located moments from the Tweed River and some…
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SUPPLIER NEWS
REA Group partners with Realtair to support agent development
REA Group, alongside its partner Realtair, is offering customers complimentary six-week memberships to the interactive Complete Salesperson Digital course. The offer comes while a large segment of Australia’s property market remains in lockdown and unable to conduct in-person interactions. REA Group General Manager Residential, Simon Hope said REA is committed to supporting customers and values the importance of taking time…
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BTW
Belle Property merges with WA-based agency Acton
Belle Property has merged with Western Australian agency Acton, adding 20 offices to their broadening portfolio amid the region’s property market boom. The Announcement: Belle Property has added 20 offices to its growing national network by merging with one of Western Australia’s leading real estate brands, Acton. Belle Property Group CEO, Peter Hanscomb said “as a Group, we’re focused on…
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SUPPLIER NEWS
Darren Cole launches Cole + Yarrow with co-founder Craig Yarrow
Darren Cole has launched Cole + Yarrow with co-founder Craig Yarrow
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APPOINTMENTS
Former weatherman Mike Larkan’s new career path as an auctioneer
Former Network 10 weatherman Mike Larkan is forecasted to thrive in his new career as an auctioneer, after being axed from TV last year.
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INDUSTRY NEWS
Sydney and Melbourne are the only capital cities with declining rental markets
REIA president Adrian Kelly said Sydney and Melbourne saw rents fall slightly, while other capital cities saw rents increase
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BTW
REA Group announces leadership appointments amid Mortgage Choice aquisition
REA Group welcomes Mortgage Choice Chief Executive Officer Susan Mitchell and Smartline Chief Executive Officer Sam Boer amid the company acquisition. The Announcement: REA Group today announced key leadership appointments within its broker business following the completion of its Mortgage Choice acquisition. Janelle Hopkins, REA Group Chief Financial Officer and Chief Executive Officer, Financial Services said the changes, effective from 2 August…
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BTW
Property Council welcomes NSW construction restart
Construction across Greater Sydney will reopen on 31 July with strict COVID-19 health precautions in place. The Announcement: The Property Council has applauded today’s decision to allow all construction sites across most of the Greater Sydney area to reopen on 31 July subject to a range of strict new health measures.Acting NSW Executive Director of the Property Council of Australia,…
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INDUSTRY NEWS
Gap between median house and unit prices breaking records
The price premium of houses over units has continued to emerge since March last year, as stage two restrictions rolled out across the nation.
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INDUSTRY NEWS
Pandemic fuels regional migration and pushes property prices up
Across the country, prestige and regional markets have seen incredibly positive results over the past year, but other areas have also experienced prominent changes.
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FRANCHISE NEWS
Century 21 celebrates its 50th anniversary
Century 21 has reached a special milestone as it celebrates its 50 years, working to help people achieve their property needs. They first opened their doors internationally in 1971.
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National
More than half of property managers have dealt with domestic violence in tenancies
The Real Estate Institute of Australia (REIA) surveyed property managers earlier this month about their dealings with domestic violence issues while on the job. The survey found 57 per cent of property managers have coped with domestic violence in tenancies over the past 12 months, with 30 per cent managing such issues two or three times each year. REIA President…
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Real Estate News
PRD Nationwide Ballarat has used RiTA by AiRE to win more listings
PRD Nationwide Ballarat director and sales manager Jason Birch recently joined RiTA by AiRE growth specialist Tristan Lovell in a webinar dedicated to sharing ways to accelerate your leads and listings ahead of the spring season.
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BTW
Developers help preserve endangered Australian species
Developers Keylin and Kinstone have given 27 hectares of wetlands back to the Gold Coast City Council. The conservation area will play a role in the protection of Australia’s native endangered species. The Announcement: Developers of the $650 million Serenity 4212 community, Keylin and Kinstone Group, have gifted a substantial section of their sprawling development site back to the Gold…
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BTW
Ray White’s emerging elites forge ahead
Over a two-day conference on the Gold Coast, 170 agents learnt how to build confidence, establish strategies and develop the skills needed to be an elite Ray White agent. The Announcement: More than 170 of Ray White’s best and brightest gun agents attended a two day Emerging Elites conference on the Gold Coast. Originally more than 400 sales agents had…
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BTW
RE/MAX business launches in lockdown
Amid New South Wales’ latest COVID-19 lockdowns, Corinne Intia has opened her own real estate agency under RE/MAX Pamilya Properties. The Announcement: Well-known Central Coast agent, Corinne Intia, has launched her agency, RE/MAX Pamilya Properties, in Toukley, New South Wales. Opening her own real estate business has been Mrs Intia’s goal since last May. Factors, including COVID-19, were to slow…
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APPOINTMENTS
REA Group welcomes Eleanor Creagh as new senior economist
REA Group has announced the appointment of Eleanor Creagh as a senior economist. As a trusted financial commentator, Ms Creagh is set to bring a wealth of experience in local and international capital markets to the senior economist role. Working alongside REA Group’s Director of Economic Research, Cameron Kusher, Ms Creagh will play a fundamental role in driving forward the…
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INDUSTRY NEWS
CoreLogic NZ expects mortgage lending volumes will ease
CoreLogic New Zealand (NZ) has tipped lending activity will slow down over the coming months with mortgage rate increases on the horizon. This comes despite property sales activity remaining solid in June. CoreLogic NZ Chief Property Economist Kelvin Davidson said it was interesting that first-home buyers had a monopoly on mortgage lending with less than a 20 per cent deposit.…
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COMMERCIAL
Cheaper for small businesses to buy commercial property than lease
Raine & Horne Commercial have released their second quarter 2021 edition of Commercial insights, supplying the industry with an insight into the health of the commercial property market in Australia.
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BTW
Sydney is locking down while Richard Matthews is heating up, selling over $55 million of property in lockdown
Sydney’s latest lockdown has has driven Richard Matthews Real Estate to safely sell nearly $56 million worth of property since the start of lockdown. The Announcement: Operating within the strict COVID-19 parameters, Richard Matthews Real Estate has managed an electric mix of eager buyers and savvy vendors to sell nearly $56 million worth of property since the Sydney lockdown began.…
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Real Estate News
New webinar reveals how to successfully prioritise agency legals
O*No Legal founding director Kristen Porter will explain in an upcoming webinar why the biggest challenge real estate agent principles, head of operations, or business owners face is protecting their most valuable asset - their agency.
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Real Estate News
Most millennials believe the housing market needs more regulation
The majority of millennials (70 per cent) believe the housing market should be more heavily regulated, according to HomeLoanExperts.com.au.
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WA Real Estate News
Western Australian regional centres enjoy a spike in house prices
Eight of WA's nine regional centres have experienced growth in median house sale prices throughout the June 2021 quarter.
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INTERNATIONAL
Overseas investment in US homes falls to the lowest level in a decade
Overseas buyers purchased US$54.4B worth of existing homes in the US from April 2020 through March 2021. This was the lowest level in a decade.
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Real Estate News
Industry leaders respond to Labor’s negative gearing pledge
ALP leader Anthony Albanese has pledged his part will not restrict negative gearing or increase capital gains tax if they win the next election.
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QLD Real Estate News
Investors and owner-occupiers leap onto the booming Gold Coast market
While owner-occupiers want to downsize, investors are focused on the Gold Coast in the wake of historically low rental vacancy rates.
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BTW
ALP pledges not to restrict negative gearing or increase capital gains tax
Australian Labor Party leader Anthony Albanese has pledged not to strict negative gearing or increase capital gains tax if they win the next election, which could boost home ownership across the country.
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VIC Real Estate News
Why current restrictions will have different impacts to Melbourne’s 112-day lockdown last year
Ray White chief economist Nerida Conisbee has analysed the parallels between Melbourne's 112-day lockdown last year and what is happening across Melbourne, Sydney and Adelaide now in terms of property listings and sales.
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National
Australian residential auction market records the busiest period in four years
The three months to June proved the busiest auction period since December 2017, according to new insight from CoreLogic.
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