Real Estate News
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McGrath appoints Kyle Pitman as part of digital focus for learning and development
McGrath Estate Agents has announced the appointment of Kyle Pitman as Head of Learning and Development.
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Domain and PEXA announce strategic partnership
Property portal and technology company Domain has announced a partnership with digital property settlement solution PEXA. The strategic collaboration is set to bring together both companies’ proprietary data assets to unlock new unique insights and value across the property market. This collaboration is the beginning of a relationship between Domain and PEXA, two companies that operate across highly complementary segments…
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Real estate. Done better!
A combination of innate hustle and a desire to create a better way of doing business compelled Antony Thompson to launch blac property group earlier this year.
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Industry heavyweights Rise to the challenge of mental health
Nine out of ten real estate agents in Australia experience high stress at work, and 65 per cent of those agents say that stress has led to mental health issues.
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Amazon Prime announces July premiere for real estate docu-series Luxe Listings Sydney
Production has commenced on an unscripted docu-reality series about the Sydney real estate scene.
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Clearer picture as CoreLogic announces partnership with Nearmap
CoreLogic Asia Pacific has announced a partnership with leading geospatial information services provider Nearmap to enhance its products with high-quality aerial imagery and superior location insights across Australia and New Zealand.
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REIV labels stamp duty and land tax hikes the final straw
The Real Estate Institute of Victoria has slammed a series of property tax initiatives which have been unveiled in advance of the State Budget this Thursday.
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Clearance rate inches higher after busy auction week
Auction volumes were down slightly on last week, but the preliminary clearance rate inched higher to 79 per cent, after 2892 properties taken to auction across the combined capitals. In comparison, the previous week saw 3016 homes taken to auction, returning a preliminary auction clearance rate of 78.6 per cent, which revised down to 77.2 per cent at final figures.…
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Harcourts Australia appoints Adrian Knowles to newly created role
Harcourts Australia has announced the appointment of Adrian Knowles in the newly created role of Chief Executive Officer of Growth.
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Australia’s residential construction costs rose less than one per cent in March quarter
Construction costs increased by less than 1 per cent in the first three months of 2021, according to CoreLogic’s first Cordell Housing Index Price (CHIP) for the year.
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Social and affordable housing the focus in Budget reply speech
Labor would spend $10 billion on social and affordable housing over five years if elected to government at the next federal poll, Anthony Albanese told Parliament on Thursday night.
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Ray White Marsden principal Avi Khan opens new office at Daisy Hill
The team at Ray White Marsden, south of Brisbane, have just officially opened the doors of their new office after branching out into the nearby suburb of Daisy Hill.
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New Zealand house construction costs rise at fastest rate in two years
Housing construction costs in New Zealand surged by 1.3 per cent over the first quarter of 2021, according to the latest CoreLogic's Cordell Housing Index Price (CHIP).
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Australia’s hot housing market showing slight signs of cooling
Australia’s housing market may be showing signs of slowing down, with an increase in supply and a slight downturn in search activity, according to the latest REA Insights report.
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Jellis Craig bolsters network with acquisition of 10 Greg Hocking offices
Victorian real estate network Jellis Craig has bolstered its network, announcing the addition of a further 10 offices to its roster following the acquisition of Greg Hocking real estate group.
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PropTech platforms integrate to ensure agent success and mitigation of risk
Proptech platform Realtair has announced an integration with Before You Bid to assist agents in the early stages of the sales process.
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Key industry groups respond to big-spending Federal Budget
As the dust settles on the 2021-22 Federal Budget, some of Australia's key industry groups have weighed in with their responses.
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James Navin joins The Agency Central Coast
The high level of market activity on the NSW Central Coast market is attracting significant talent to the area, including experienced former local agent James Navin.
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A Budget right for its time
There’s plenty for the property industry to like in the 2021 Federal Budget, not because of any specific measure but in the myriad provisions to keep cash and confidence flowing in our pandemic-constrained economy.
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Federal Budget 2021-22 – Relevant points for real estate
The government has revealed a far more optimistic picture of Australia’s future in a Federal Budget that tackled everything from infrastructure to home ownership, and aged care.
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Openn Negotiation announces plans to list on ASX
Australian property technology company, Openn Negotiation has lodged a prospectus with the Australian Securities and Investment Commission, seeking to raise a maximum of $9 million via an initial public offering, followed by a listing on the ASX.
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Property Council welcomes infrastructure commitment in Federal Budget
The Property Council of Australia has welcomed the Federal Government's strengthened infrastructure commitment and details of major new infrastructure projects to be funded in tomorrow's Federal Budget.
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The Agency breaks six suburb records on Central Coast in two months
NSW’s Central Coast property market has been booming since COVID history last year and The Agency’s local team have been making hay while the sun shines, breaking a series of suburb sales records in 2021.
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Property positivity hits one-year low despite rising house values
House values are continuing to climb throughout the country but fewer than half of Australians believe now is a good time to buy property.
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Family Home Guarantee revealed as focus shifts to Federal Budget
Treasurer Josh Frydenberg has announced additional measures to support Australians seeking to secure their own home.
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A budget wish list for the real estate sector
As the countdown to the release of the Federal Budget begins, LJ Hooker Head of Research, Mathew Tiller, has put forward his wish list for the real estate industry. Mr Tiller said he hoped to see regional investment, an extension to HomeBuilder, and the opening of international borders among the measures announced on budget night in a bid to support…
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Second busiest auction week of the year
This week proved the second busiest auction week of the year, with 3033 properties taken to auction across the combined capital cities.
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REA Group announces results for nine months to March 31
REA Group has announced its results for the nine ending March 2021, with revenue of $655.9 million and EBITDA of $415.1 million.
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Australia’s residential real estate value has now surpassed $8 trillion
CoreLogic has announced its estimate of the total value of residential real estate in Australia has now reached $8.1 trillion.
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Richmond AFL star Dustin Martin earning his stripes as a property investor
AFL superstar Dustin Martin’s post-football prospects appear to be as safe as houses, with the Richmond Tigers star buying up $14 million worth of property in Melbourne over the past few years.
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Canberra auction clearance rates reached record high in April
Domain has released its Auction Report for April, showing clearance rates in Sydney and Melbourne have declined slightly after the multi-year highs of the previous month.
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Rent.com.au launches RentPay platform in Apple and Google Play stores
Rent.com.au has released its long-awaited RentPay platform to the public, with the application now available in both Apple and Google Play stores.
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Sorted and REIP team up for listing and applications platform
Proptech innovator Sorted has joined forces with leading Australian industry body Real Estate Industry Partners (REIP), to launch a free listing site and applications platform.
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PPM National Property Management Awards goes virtual
June’s PPM National Property Management Conference may have been postponed but the National Property Management Industry Awards are set to proceed virtually.
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Perth prestige property prices power ahead
Knight Frank has released its Prime Global Cities Index for the first quarter of 2021, which shows prime residential property prices are rising across the globe - and Australia is no exception.
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