Real Estate News
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The Agency announces half-year profit and record earnings
The Agency has released its half-year financial results, chalking up a maiden profit and record earnings for the six months to December 20.
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‘Like throwing petrol on a bonfire’: Industry Super boss slams plan to use retirement savings for home deposits
Industry Super Australia has thrown cold water on the concept of allowing prospective homebuyers to access their superannuation to enter the housing market, describing the idea as fundamentally flawed.
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Fourth week of auction preliminary clearance rate above 80 per cent
Auction volumes continue to climb across the capitals, with the preliminary clearance rate topping 80 per cent for the fourth consecutive week this year. CoreLogic reports there were 2451 homes taken to auction across the combined capital cities this week, up from 2128 over the previous week, although lower than this time last year when 3026 auctions were held. Of…
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Dave Neilson lands Eagle as RE/MAX honours 2020’s best
It was a full house at Brisbane’s City Hall on Thursday, February 25 for RE/MAX’s annual awards night, with hundreds gathered to see the network's top performers recognised for their achievements.
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DiJONES extends footprint with three new offices on Central Coast
DiJONES has expanded its reach after opening three new NSW Central Coast offices in Terrigal, Avoca, and Erina.
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Call for fast-tracked infrastructure investment
Infrastructure Australia has released its 2021 Priority List, which the nation’s property industry has labelled a “wake-up call” for governments to fast-track investment to speed up economic recovery.
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CoreLogic research reveals almost 9 per cent of Victorian properties at high risk of climate hazard
As part of its strategic partnership with global reinsurer Munich Re, CoreLogic International has analysed Victoria's residential property climate hazard and risk exposure.
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ANZ innovation division launches digital offer solution Propps
A new white-labelled digital offer management solution for the real estate industry was released yesterday, allowing agents to generate legally binding offers directly from their own website and manage the process between buyer and vendors.
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Suzi Cowperthwaite returns to First National for new role
First National Real Estate’s former Online Services Manager Suzi Cowperthwaite has returned to the group in the newly created role of National Experience Manager.
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Cooley Auctions heads for warmer climes with expansion into Queensland
Cooley Auctions have headed over the border to Coolangatta and beyond, with leading auctioneer David Holmes to represent the brand north of the Tweed in its first interstate offering.
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The real cost of cheap vs affordable CRMs
Bargain hunters. You know the type. The ones who go with the discount agent who’s more than willing to shave 0.75 per cent off their comms.
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Survey reveals pandemic has proven prosperous for proptech sector
A new study from the Property Council and Yardi Systems has found data analytics, business process automation and virtual tours are the top technologies the Australian real estate sector has embraced in 2021.
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REIWA calls on parties to prioritise rental shortages
With Western Australia’s state poll less than a month away, the REIWA is trying to put the state’s rental shortage at the top of the political agenda.
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Positive conditions forecast to continue according to REA Insights Property Outlook Report
REA Group's newly released Insights Property Outlook Report is tipping positive conditions to remain throughout 2021, with a few notable exceptions.
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Johnny Depp’s French village estate could be yours… but you’ll need deep pockets
It appears Johnny Depp is readying to relist his opulent French village estate, with Top Ten Real Estate Deals reporting the actor will put the village back on the market at US$55.5 million ($69.5 million).
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realestate.com.au sets early records in 2021; launches new brand campaign
realestate.com.au have reported an all-time record of more than 128 million visits* to the site over January 2021. Meanwhile, the brand has launched its new autumn campaign which talks to its audience leadership position and the personalisation features of the realestate.com.au experience. REA Group Executive Manager – Consumer Marketing, Sarah Myers, said the team took a fresh approach to the autumn…
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Top independent agents named at 15th annual Australasian Real Estate Results Awards
The region's top performing agencies and individuals came together last night competing for top honours at the 15th annual Australasian Real Estate Results Awards (ARERAs).
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Bay of plenty of interest with Central Coast’s 2261 postcode booming in 2021
Killarney Vale on the NSW Central Coast is attracting hordes of Sydney buyers every weekend to open for inspections, as are nearby Blue Bay and Toowoon Bay.
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Spike in demand leads to rise in construction costs according to CoreLogic figures
The cost of construction in Australia rose by 1 per cent over the December quarter, according to newly released figures from CoreLogic.
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Pinnacle of change as Tasmanian LJ Hooker agency launches new hybrid model
A Tasmanian LJ Hooker agency has launched a hybrid real estate model it says will recalibrate the local industry and expand and re-establish the brand’s presence across Greater Hobart.
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McGrath back in the black with $9.1m turnaround
McGrath Real Estate Group is back in the black after announcing a $9.1 million turnaround in its Net Profit.
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Construction of new homes to hit record high in 2021
A record number of almost 130,000 detached homes are anticipated to commence construction in 2021.
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Gladstone property prices enjoy biggest spike since 2016
The booming property market in the southeast corner of the Sunshine State has snatched the headlines recently but regional areas - such as Gladstone, in Central Queensland - have experienced similarly impressive price rises over the past year.
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Ray White plants the seed for Apple Isle commercial expansion
Ray White Commercial has launched an office in Hobart and the man to head-up the division knows the Tasmania and Hobart market like the back of his hand.
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A new leash on life: Study finds benefits for all parties in pet-friendly residential arrangements
More than 60 per cent of households across the nation own a pet but those living in private rentals are much more likely to have to give up a companion animal due to housing circumstances, according to Australian Housing and Urban Research Institute research.
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Clearance rate holds above 80 per cent, with volume set to skyrocket
Sydney has enjoyed its third consecutive week of an auction clearance rate above 80 per cent as national volumes continued to climb.
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Whitlam’s former home fetches prime price
A modest brick home in Sydney's west that was once owned by former prime minister Gough Whitlam has been sold less than 24 hours before it's scheduled auction and will now be restored to its former glory.
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The Agency takes reins as Australian Turf Club’s sponsor partner for three more years
The Agency has renewed its three-year sponsor partnership with the Australian Turf Club ahead of the 2021 Sydney Autumn Racing Carnival.
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Homely partners with REIWA to strengthen affordable advertising options
Industry-backed real estate portal Homely.com.au has joined forces with the Real Estate Institute of Western Australia (REIWA) to strengthen access to affordable property advertising for all Australians.
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The thrill of starting your own agency
Matt McKee is no stranger to adventure, but even he says there's nothing quite like the adrenaline rush of opening an agency with your name on the door.
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Inland Australia in vogue as rural areas record surge in house values
As large swathes of rural Australia emerge from long-running drought conditions, and the mining sector benefits from higher commodity prices and a lift in investment, many rural areas are recording a surge in housing prices.
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Proptech Association of Australia starts up dedicated awards for sector
The Proptech Association of Australia has just launched the first dedicated national awards for the nation’s property technology sector, with sponsorship from legal firm Ashurst.
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