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Elite Agent
May the busiest auction month on record: Domain
May was the busiest auction month on record, according to a recent report by Domain.
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BTW
Luxury new tower vision to take blue chip beachside suburb to the next level
Melbourne-based developers set to a new luxury tower at Mermaid Beach on the Gold Coast The announcement: With the tide of demand on the Gold Coast for luxury beachside residences still high, Melbourne-based developer Hirsch & Faigen is set to put another shovel in the famed strip of sand. In a move further cementing the city’s status as Australia’s luxury…
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BTW
Best of RE/MAX are making waves
RE/MAX’s elite salespeople attended a forum designed to hone their skills and build their business on Hamilton Island The announcement: The elite in the RE/MAX sales force wound up three days of professional stimulation on Hamilton Island this week. RE/MAX Australia invites its top performers to participate in a forum of shared knowledge and experiences each year. The Platinum +…
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BTW
Property Council welcomes gov push to get back to the office
The Property Council of Australia has welcomed the Prime Minister’s call for workers to return to the office The announcement: The Property Council has applauded the Prime Minister’s message to government and private sector employers that it is “time to get back to the office”. The Property Council’s office occupancy survey has tracked the rate of occupancy of Australia’s capital city CBDs…
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Real Estate News
Acreage property sells well above reserve in online auction
A 10-acre property in Somerville, Victoria has sold for $402,500 above the reserve, after fierce bidding through online platform Openn Negotiation.
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Celebrity Homes
Property where David Bowie re-wrote China Girl for sale
Music-lovers looking to own a slice of ‘80s pop history will be saying, “Oh! You pretty thing” when they see the Nurimbah property where David Bowie re-wrote his smash hit China Girl. Set on the caldera of the extinct Tweed volcano, the 4.56ha property, Wagawn, is for sale with a price guide of $3.25-$3.5 million according to realestate.com.au. Bowie, who…
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Real Estate News
Home loan commitments hit record high
Owner-occupiers are fuelling a record high level of new loan commitments for housing.
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Real Estate News
PropTech startup raises $3 million to help keep buyers in the loop
A PropTech startup that gives buyers access to pre-market and off-market real estate recently closed a $3 million funding round that will enable it to continue to grow. Listing Loop, which launched in 2019 and was founded by PropTech entrepreneur Rhett Dallwitz and real estate director and strategist Andrew Meehan, gives property buyers quick and easy access to properties that…
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Celebrity Homes
Leonardo DiCaprio buys Modern Family star’s stunning home
Not content to just star in Baz Luhrmann’s adaptation of William Shakespeare’s Romeo + Juliet, Leonardo DiCaprio has just bought a A$9.1 million home that would look perfect on the movie’s set. Complete with romantic Juliette balconies overlooking expansive living and dining rooms, DiCaprio bought the Los Feliz home from Modern Family star Jesse Tyler Ferguson, according to Top Ten…
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Real Estate News
National rental vacancy rates fall for second consecutive month
The number of available residential properties available for in Australia have fallen for the second month in a row, with the vacancy rate now sitting at 1.7 per cent, according to the latest research from Domain.
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BTW
Buyers snap up Mastery apartments in Waterloo
Buyers are looking for low maintenance, luxury apartments across Sydney’s most convenient locations, according to Crown Group. The Announcement: Mastery by Crown Group in Sydney’s Waterloo has experienced a spike in sales with the current median unit price now 66 per cent lower than the median house price in Sydney, driving demand for luxury, more affordable apartments with resort-style amenities. Crown…
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BTW
MLC Centre gets a new name as part of a $170 million transformation
The Harry Seidler landmark will showcase retail, dining and cultural experiences. The Announcement: The iconic MLC Centre will be known as 25 Martin Place as new retailers were unveiled today as part of the first stage of the circa $170 million transformation. The new name, 25 Martin Place, celebrates the location in the heart of Sydney’s thriving CBD and will…
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Real Estate News
Strong quartet to lead Raine & Horne Commercial on Central Coast
Raine & Horne Commercial, has enlisted four local real estate specialists agreeing to head up its brand on the NSW Central Coast. The local quartet of Geoff Tilden, Brad Rogers, Sue Tilden and Naomi Rogers will lead Raine & Horne Commercial’s Central Coast operations. Mr Tilden, who started his real estate career in commercial and industrial property sales in Sydney in the 1980s, is…
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FRANCHISE NEWS
Stone Real Estate opens Logan franchise
Real estate franchise network Stone is set to capitalise on the growth potential of Logan, Queensland, with a brand new office. Local agent Jason Savage will open the office in what is a strategic move in Stone’s expansion strategy. With a population of just shy of 350,000, Logan is located between Brisbane, Ipswich and the Gold Coast, with easy access…
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Real Estate News
Australia’s housing and rental affordability declines
Overall rental and housing affordability has fallen in Australia in the March quarter, according to new data from REIA. The latest Real Estate Institute of Australia’s Housing Affordability Report has found housing affordability has improved in NSW and South Australia, remained steady in Western Australia and the Australian Capital Territory but it declined in Victoria, Queensland, Tasmania and the Northern…
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BTW
Economic activity increased 1.8 per cent in March quarter
Australia's GDP rose by 1.8 per cent in seasonally adjusted terms in the March quarter, according to the ABS.
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Real Estate News
REA finds property seekers want energy efficient homes
Energy-efficient ratings and features have become increasingly important factors for Australians looking to rent, buy or build, according to new data from REA Group.
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BTW
Sales of Crown Group’s Mastery apartments soar
Mastery by Crown Group has experienced a spike in sales as demand for apartments rises.
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BTW
Perth home values up 10 per cent in past 10 months
Perth home values have now increased by 10 per cent over the past 10 months.
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BTW
Detached dwelling approvals break another record in April
Detached dwelling approvals hit a new record nigh in April, according to HIA.
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Real Estate News
RBA leaves official cash rate at 10 basis points at June meeting
The Reserve Bank has again opted to maintain its current policy settings at its monthly Board meeting, including keeping the official cash rate at the historic low of 10 basis points.
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Real Estate News
Australian residential property values rise by 2.2 per cent in May
Housing markets continued to surge throughout Australia in May, with CoreLogic's national Home Value Index rising by 2.2 per cent over the month.
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Real Estate News
Belle Property opens North Lakes office following Bowmaker rebrand
Belle Property has officially launched a new office in Queensland’s Moreton Bay region, with Chris Bowmaker rebranding his real estate.
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BTW
Natalie Mikhael joins the LJ Hooker performance team
Natalie Mikhael has been appointed Business Growth Manager of LJ Hooker.
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BTW
Planning reform could provide a $5 billion productivity boost
The NSW Property Council has welcomed the release of a new Productivity White Paper.
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BTW
Jedi Master of real estate hits 40 years
RE/MAX New Zealand business owner Garry Malcolm is celebrates 40 years in the industry.
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Real Estate News
Sydney property values tipped to rise by more than 20 per cent
House prices in Sydney are forecast to rise by an unprecedented 21 per cent in 2021, with a range of economists and industry experts also tipping the cash rate will remain on hold when the Reserve Bank Board meets on June 1.
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Real Estate News
REA Group does a deal for share in PropertyGuru
REA Group has announced that it has entered into a binding agreement to combine REA’s Malaysia and Thailand businesses with Proptech company PropertyGuru.
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Real Estate News
Ray White transforms the rental experience by collaborating with Snug
Rental application and inspection booking platform Snug.com, has formally announced its commercial partnership with Ray White, with the group having now onboarded more than 100 offices to its software platform.
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Real Estate News
REA Group ignites new lead management feature to offer agents greater insights
REA Group has announced a new lead management feature designed to offer agents deeper insights into audience behaviour.
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BTW
House prices in 20 Perth suburbs highest on record
Twenty Perth suburbs have now reached their hugest median house price on record.
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APPOINTMENTS
James Patterson joins Knight Frank Australia as new CEO
Knight Frank Australia has announced the appointment of James Patterson as the company’s new Chief Executive Officer.
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BTW
Business conditions stable in May
Business conditions were stable in May, according to the latest ABS statistics.
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APPOINTMENTS
Lee Dowdall joins The Agency in Hunters Hill
The Agency is continuing to grow its footprint across Sydney, with the group announcing Lee Dowdall will spearhead its expansion into Hunters Hill.
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BTW
Cross-state pollination the key to success for Ray White QLD
Ray White Queensland has held its first face-to-face forum in 18 months, with members from across the state meeting at the group's Brisbane offices.
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