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Real Estate News
There’s no place like Judy Garland’s former Malibu beach home
As Dorothy said in The Wizard of Oz, “there’s no place like home”, and although you don’t need a pair of ruby slippers to own Judy Garland’s former Malibu beach house, it will set you back more than $5 million.
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Real Estate News
REIWA predicts state’s property values to climb higher than first thought
The Real Estate Institute of Western Australian has revised its growth predictions for the state’s property market, with its new forecast tipping values will rise by 15 per cent this year.
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Real Estate News
Luke Kenyon joins Homely’s Executive Team as Head of Product
One of the nation’s leading industry-backed real estate portals has appointed a new Head of Product, with Homely.com announcing Luke Kenyon has joined its Executive Team to take on the newly created role.
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Real Estate News
CoreLogic data shows auction clearance rates hit 80 per cent
CoreLogic has released its Quarterly Auction Market Review, today, revealing Australia's combined capital cities clearance rate reached 80.0 per cent over the first quarter of 2021.
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Real Estate News
Two-thirds of US homebuyers purchasing properties sight unseen, according to survey
More Australian homebuyers have been purchasing properties without making physical inspections over the past year and buying sight unseen is something that has become even more prevalent in the US since the onset of COVID-19.
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Real Estate News
Ray White reports record month of transactions in March
Records are continuing to tumble in the Australian property market, with Ray White Group reporting a record month of transactions in March.
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Real Estate News
LJ Hooker goes for Gold with digital video series focused on Coast
LJ Hooker Solutions Gold Coast is putting the region’s property market on the national stage, with a new digital series hosted by television personality Melanie Symons set to launch this month.
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Real Estate News
Ray White NSW appoints Mahan Shishineh as state’s Regional General Manager
With growth in the regions continuing apace, Ray White New South Wales have welcomed Mahan Shishineh to the newly created position of Regional General Manager for the state.
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Real Estate News
Properties selling at record speeds according to latest REA Insights Property Outlook Report
The Australian property is showing no signs of slowing down for the remainder of 2021, with the latest REA Insights Housing Market Indicators Report revealing views per listing are at record highs and days on site at record lows.
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Real Estate News
One in five first-time buyers considering crossing the border to enter property market
First-time homebuyers are increasingly looking outside their own back yards in an attempt to get a foothold in the property market, with many considering purchasing interstate, according to new research from comparison site Finder.
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Elite Agent
Simon Pressley: Going against the grain
He’s a three-time REIA Buyer’s Agent of the Year and Australian Real Estate Hall of Fame inductee, and as Managing Director of Propertyology, Simon Pressley has built a well-earned reputation as one of the nation’s most astute property analysts. Simon is renowned for challenging conventional wisdom and has correctly forecast some of the biggest market trends that others in the…
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Elite Agent
Reserve Bank Board maintains current policy settings and leaves official cash rate on hold
As had widely been expected, the Reserve Bank Board opted to leave the official interest rate on hold at its meeting today, with the official cash rate remaining at the historic low of 10 basis points.
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Real Estate Content
Balancing act: How do you expand regional centres without destroying their character?
With massive population growth in the regions over the past year, ensuring regional areas can sustainably expand without losing the character that made them attractive in the first place is often a difficult balancing act.
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Real Estate Content
Gumdale auction result beats previous record for Brisbane suburb by $2m
A recent auction in the outer-Brisbane suburb of Gumdale has blown the previous record for the postcode out of the water, selling under the hammer for more $5.05 million.
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Real Estate News
Good Friday Appeal Charity Auction sets new record
The hammer has fallen on this year’s Good Friday Appeal Charity Home Auction in Victoria, with the fully furnished Vogue 34 Henley home at Rathdowne Estate setting a new record of $903,000.
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Real Estate News
Darwin property market to fire up after $5 billion gas field announcement
There is plenty of competition in the pipeline for the Darwin real estate in 2021 and beyond after the announcement of a significant offshore gas development near the Northern Territory's capital.
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Real Estate News
Capital works funding injection a shot in the arm for NSW social housing
The Community Housing Industry Association NSW has welcomed the Berejiklian Government’s announcement of $40 million in stimulus funding to upgrade social housing in the state.
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Real Estate News
Lisa Pennell appointed Harcourts Australia chief operations officer
Building on its reputation as one of the nation’s leading franchise groups, Harcourts Australia has just announced the appointment of Lisa Pennell to the newly created role of Chief Operations Officer for the country.
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Real Estate News
PRD Annual Awards a triumph over adversity
PRD Australia triumphed over adversity to acknowledge the achievements of the network’s top performers over the weekend, with attendees gathering in locations across three states for a hybrid in-person and live-streamed event.
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Real Estate News
Building approvals soar across the nation
New Australian Bureau of Statistics data shows the number of building approvals across the nation skyrocketed in February. According to the ABS data released today, the number of dwellings approved rose 21.6 per cent in February, seasonally adjusted, after falling 19.4 per cent in January. ABS Director of Construction Statistics Bill Becker said approvals for private houses had increased 15.1…
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Real Estate News
The CEO Magazine announces new Real Estate Executive of the Year award
The CEO Magazine has just announced applications are open for its annual Executive of the Year Awards, and this year the publication has announced a series of new categories, including one aimed specifically at real estate industry leaders.
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Real Estate News
Capital city CBD occupancy rates on the rise
The latest Property Council of Australia office occupancy survey has revealed more workers are returning to capital city CBDs, with figures showing Melbourne, Sydney and Perth recorded a rise in occupancy levels in March.
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Real Estate News
New report reveals growth in property values throughout Queensland
The Real Estate Institute of Queensland’s latest quarterly data on the state’s property values has confirmed something market watchers are already well aware of - prices are rising in almost every region across the state.
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Real Estate News
REIQ anticipates three-day lockdown will cause minimal disruptions to local real estate sector
A snap three-day lockdown has been announced for Greater Brisbane today but the Real Estate Institute of Queensland says the region should have minimal impact on local real estate businesses.
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Real Estate News
REA Group announces proposal to acquire Mortgage Choice
REA Group has today announced a proposal to acquire publicly listed mortgage-broking firm Mortgage Choice.
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Real Estate News
HTW property clock reveals Melbourne, Sydney and Sunshine Coast on the rise
Herron Todd White have released their monthly property clock and unsurprisingly, Melbourne is one of the markets forecast as being on the way up, officially swinging to 'rising market' status.
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Elite Agent
Nick Psarros – Consistency the key to success
Industry veteran Nick Psarros has amassed dozens of awards over the past decade-and-a-half, and he’s recently added another to his trophy cabinet.
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Real Estate News
Receivers release second batch of Mission Beach properties
Prospective buyers looking for a tropical sea change are in luck, with a variety of houses and vacant lots in the tropical village of Mission Beach, in far north Queensland, hitting the market.
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Real Estate News
Homecorp secures ANZ to fund Gold Coast build-to-rent project
As the Gold Coast experiences one of the tightest rental markets in its history, construction has started on the city’s first dedicated build-to-rent project, with Homecorp Property Group securing ANZ as senior funder.
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Real Estate News
Andy Reid handed the hammer for Good Friday Appeal charity auction
After 13 years at the helm of the annual Good Friday Appeal Charity Home auction, Real Estate Institute of Victoria’s Master Auctioneer and four-time winner of the institute’s Senior Auctioneering competition Adrian Butera is handing over the hammer.
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Elite Agent
Video of the week – Chip off the old block
Noel Jones Real Estate recently listed a century-old Melbourne terrace house at 438 Lygon Street, at Carlton, which is in need of some TLC, but rather than hide from the fact, the agency has decided to give a warts-and-all video tour with a tongue-in-cheek nod to The Block.
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Real Estate News
CoreLogic report shows more gain than pain for resales in December quarter
There was an increase in the profitability of Australian real estate in the three months to December 2020, with almost 90 per cent of sales resulting in a gain, according to the latest CoreLogic Pain and Gain quarterly report.
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Real Estate News
UrbanX marks the spot for Gavin Croft’s latest role
Experienced real estate industry executive Gavin Croft has been appointed Director of Growth at UrbanX, a support platform for high-performance agents wanting to create their own brands.
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Real Estate News
Seeds of change at Barry Plant as group announces new leadership team
After 18 Years at the helm of The Barry Plant Group, Mike McCarthy is stepping aside from the role and CEO and will be handing the reins to Nigel O’Neil, current Head of Strategic Growth.
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Real Estate News
Nerida Conisbee to join Ray White as the group’s first Chief Economist
Ray White has announced the appointment of its first ever Chief Economist, with Nerida Conisbee set to start in the newly created role in June.
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