Search Results for: Tim McKibbin
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INDUSTRY NEWS
NSW regional vacancy rates on the rise
New data from REINSW indicates record low vacancy rates across much of regional NSW are now starting to ease. …
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INDUSTRY NEWS
Queensland vacancy rates hit record low levels
Vacancy rates across Queensland have dropped dramatically with several areas recording rates under 0.1 per cent. …
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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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OPINION
How to get your foot in the door with the media
On October 22 this year it will mark 20 years since I started as a journalist. …
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Flood Resources
East Coast floods to affect vacancy rates
The floods in Northern NSW could impinge on the state’s already tight vacancy rates according to industry experts. …
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OPINION
Tim McKibbin: floods could impact the property market for years
Disturbing global events were cited in the Reserve Bank’s decision to keep rates on hold and the floods add further uncertainty to the outlook. …
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Flood Resources
REIQ and REINSW outline resources for agents and PMs in flood-affected areas
The Real Estate Institute of Queensland is calling on agents and property managers to familiarise themselves with the resources available as the flood clean-up in Queensland continues. …
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INDUSTRY NEWS
Australia facing a housing supply crunch
Australia could be facing a ‘concerning’ housing shortfall of 163,400 homes by 2032 leading to further affordability issues according to a new report. …
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INDUSTRY NEWS
Proposed NSW property tax changes labelled ‘nonsensical’
The Real Estate Institute of NSW has labelled the State Government’s proposed changes to stamp duty "nonsensical". …
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INDUSTRY NEWS
New listings still won’t meet demand in NSW
A flood of new listings set to come to market this month will not be enough to make a tangible impact on undersupply in New South Wales. …
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INDUSTRY NEWS
Omicron hits the real estate sector
With more than 600,000 active cases of Covid in Australia, and the Omicron variant surging across the country, the impact on the real estate sector is now becoming more evident. From staff shortages to legal implications and a slowdown in the rental market, this is what the nation’s real estate institutes are hearing from their members… Real Estate Institute of New South Wales (REINSW) Chief Executive Officer, …
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INDUSTRY NEWS
Vacancy rates fall across most of NSW, except Inner-City Sydney
Vacancy rates across Sydney and much of New South Wales have dropped this month, while the Inner Ring bucked the trend, experiencing its highest vacancy rate rise since June. …
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INDUSTRY NEWS
NSW property market the strongest in 40 years
REINSW, CEO Tim Gibbons, believes the strength in the current market is ‘like nothing he’s seen before,’ as house prices across the state continue to surge upward. …
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Elite Agent TV
From Elton John to Gloria Gaynor: Tim McKibbin and Leanne Pilkington perform a mashup of the ’80s biggest hits
At the REINSW Awards on Friday night, REINSW President and CEO performed the ultimate mashup of 80’s hits, singing to the dance floor chart-toppers Don’t go breaking my heart, I will survive and YMCA. But the two showed a lighter side to their challenging roles this year by changing the lyrics to a tongue in cheek look at difficulties agents have experienced in interpreting changing rules in the past 12 months. …
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INDUSTRY NEWS
REINSW answers the big questions on real estate’s roadmap to reopening
The Real Estate Institute of NSW (REINSW) has sought to clarify some of the confusion as the industry returns to work after prolonged lockdowns. …
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INDUSTRY NEWS
Auctions and open homes can be held across NSW
Freedom Day arrived in NSW yesterday with some good news from the State Government in that on-site auctions and open homes can take place statewide. Minister for Better Regulation and Innovation Kevin Andrews said there was currently no restrictions on where a live auction or open home could be held. “The Public Health order notes that from 11 October there will not be any ‘stay at home’ …
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INDUSTRY NEWS
Sydney vacancy rates plummet to the lowest level in more than three years
Vacancy rates in Sydney have dropped down to 2.6 per cent, hitting the lowest level since 2018. …
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NSW
Sydney residential vacancy rate rollercoaster takes another turn
REINSW noted residential rental vacancies in Sydney dropped in July for the third consecutive month. …
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INDUSTRY NEWS
Industry leaders are urging real estate agents to get vaccinated
Many industry leaders have supported the push by governments around Australia to improve vaccination rates by encouraging members of the real estate industry to get vaccinated. Raine & Horne chairman Angus Raine is one of many real estate industry leaders to speak out about the potential vaccination mandate. “As an industry, we need to support the government’s messages about the need to get vaccinated,” …
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Elite Agent TV
What Simon looks for in a lover (TMI): Luxe Listings Sydney Episode 3 recap
Welcome back to our weekly recaps of LLS. We’re in the mood for efficiency tonight, so in line with the TRG vibe, we have just decided to dispense with lengthy phrases and titles and just go with acronyms and abbreviations for you. We honestly wish we could have fast forwarded through the various ‘downstairs’ topics of this episode but we powered through for you. …
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NEWS
A tale of two cities: Sydney vacancies rise while Brisbane rental market tightens
Brisbane’s rental vacancy rates are continuing to tighten, but it’s a different story in Sydney, with vacancies rising to 4 per cent last month. …
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NEWS
REINSW vacancy survey shows rental market remains unpredictable
The results of the latest REINSW Vacancy Rate Survey show that the rental market across the state remains unpredictable. …
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Elite Agent
Inner City Blues – What’s going on with rentals?
While things are looking a little brighter in 2021 there are still many hurdles to overcome. Kylie Dulhunty spoke to property managers about their experiences and sought their tips to help you move stock quickly. Property managers in inner Sydney and Melbourne could face further challenges this year, with falling unit rents and higher than normal vacancy rates continuing to pose hurdles. …
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Elite Agent
REINSW report card gives State Government a ‘fail’
The Real Estate Institute of New South Wales has marked the State Government’s role in the property market in 2020 as a ‘fail’ but has identified five key ways it could perform to an A+ standard this year. …
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Elite Agent
Stamp duty is a terrible tax – its evils are well understood: Property Council
This week, State Treasurer Tim Pallas announced the Victorian Government would be slashing stamp duty. It's not the wholesale removal of the tax that New South Wales — for home sales under $1 million only — at a rate of 50 per cent for new build homes and 25 per… …
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Elite Agent
REINSW notes ‘unintended consequences’ of stamp duty reform
While the news that the NSW Government are planning to remove stamp duty taxes may appear to be good news on the surface, the Real Estate Institute of NSW highlights some of the unintended consequences of simply replacing one tax with another. “It is clear that the way property is… …
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Elite Agent
Stamp duty could soon be scrapped in NSW
The NSW Government has today announced they are "considering a once in a generation change" in stamp duty laws. …
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Elite Agent
Inner-Sydney vacancy rate at an all-time high
REINSW has released its Vacancy Rate Survey results for October, which show vacancies across Sydney continue to rise, with the Inner Ring hitting an all-time high. …
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NEWS
‘Bureaucratic inefficiencies’ keeping real estate agents unemployed
The Real Estate Institute of NSW has hit out at Fair Trading for bureaucratic inefficiencies that are keeping hundreds of fully-trained real estate agents in NSW "forcibly unemployed." …
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NEWS
Sydney’s vacancy rate on the rise again
Despite a slight turnaround in August, vacancies in Sydney are once again on the rise. …
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Elite Agent
REINSW blasts NSW Government: “We expected better”
The Real Estate Institute of New South Wales (REINSW) has blasted the NSW Government's decision to extend its rental moratorium. …
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NEWS
Sydney vacancy rates down for first time since COVID-19 hit
It might be too early to say for sure, but the REINSW Vacancy Rate Survey results for August 2020 suggest that the worst may be over. Vacancies across Sydney overall decreased for the first time in August, after five consecutive months of increases, and now sit at 3.7 per cent – a drop of 1.3 per cent from July. Similarly, vacancies in the Inner, …
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Elite Agent
Bathurst indicative of tight regional rental market
Bathurst Real Estate principal Michael Whittaker has confirmed just how tight the rental market is in some regional areas of New South Wales, noting vacancy in his region is currently below 1 per cent. In… …
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Elite Agent
Regional NSW vacancy rates drop
The REINSW Vacancy Rate Survey results for July 2020 shows that overall vacancies in Sydney increased for the fifth straight month, while many regional areas have dropped. The total vacancy rate in Sydney sits at 5.0 per cent, up 0.5 per cent from June, and up 2.0 per cent since March. Surprisingly, while the rest of the state seems to be in disarray, …
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NEWS
Agents urged to remain vigilant on social distancing requirements
After a return to stricter controls in Victoria, the REINSW is urging agents to remain vigilant when it comes to social distancing. Noting the current situation in Victoria is a timely reminder for all that COVID-19 has not been put to rest, they’re calling on agents to exercise caution, especially at a time when the property market is proving buoyant. The REINSW explained recent weeks had seen many more potential buyers coming through open homes and attending auctions. …
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