News Room
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BTW
Knight Frank appoints Tim Armstrong as Global Head of Occupier Strategy and Solutions
Leading global real estate adviser, Knight Frank, has appointed Tim Armstrong as Global Head of Occupier Strategy and Solutions …
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BTW
NPS Positions Laing+Simmons as a global standout
Laing+Simmons has achieved a result of over 80 using the internationally-recognised Net Promoter Score (NPS) metric. …
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NEWS
Last Big Four bank lifts its interest rate
The National Australian Bank has become the last of the major lenders to lift its fixed rate loans, closing the door on big four rates under 2 per cent. …
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INDUSTRY NEWS
Investors back in the market but owner-occupier lending falls
New investor loan commitments rose for the 12th consecutive month in October, while lending to owner-occupiers dropped by more than $800 million, according to new data. …
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BTW
Rent.com.au collaborates with leading rental agency
Rent.com.au Limited Australia’s website made for renters, is pleased to report that it has signed an agreement with Rental Management Australia. …
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EPM: Industry News
Sydney apartments set to make a comeback
Sydney apartments are set to be back in favour come the new year, according to Sydney agent Adrian Wilson. …
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BTW
Hockingstuart opens new Dandenong office
Jack Miltos will lead the agency and with significant State Government support for the area, expects Dandenong to transform into a vibrant economic hub. The announcement: Hockingstuart has today announced the opening of its latest office in Dandenong, south-east Melbourne, led by Principal Jack Miltos. A seasoned professional of some 23 years’ standing, Jack previously operated under the RE/MAX brand before joining Hockingstuart. …
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INDUSTRY NEWS
Perth property market gears up a notch
Perth has enjoyed its fourth consecutive month of increased sales activity, with a 9 per cent rise in volume during November, while price growth is also keeping pace. …
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INDUSTRY NEWS
REIV appoints new CEO, as Gil King’s tenure comes to an end
The Real Estate Institute of Victoria (REIV) today announced that Quentin Kilian will succeed Gil King as the organisation's CEO from mid-February 2022. …
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NEWS
New Zealand’s momentum slowing
New Zealand property prices have continued to increase nationally in November, but have slowed compared to October, according to the latest data from CoreLogic NZ. …
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NEWS
Virtual land a hot commodity in the metaverse
Another block of virtual land has sold for an eye-watering amount, with a digital investor paying $4.3 million for an allotment in The Sandbox metaverse. According to its website, The Sandbox is a “virtual metaverse where players can play, build, own and monetise their virtual experience”. Republic Realm, which describes itself as “one of the most active investors in and developers of the metaverse real estate ecosystem”, …
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BTW
Ric Serrao renews alliance with Raine & Horne Double Bay/Bondi Beach
Ric Serrao and his team at Raine & Horne Double Bay/Bondi Beach have renewed their alliance with the Superbrand. …
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INDUSTRY NEWS
How property settlement period blowouts are impacting agency cash flow
If you’re an agent, you’ll know that the current tight market conditions have meant that settlement periods are expected to blow out, with some even extending far into next year. …
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INDUSTRY NEWS
Real estate agencies among Australia’s most loved local businesses
Podium, the leading communication and payments platform for local businesses, has today announced the winners of Australia’s Most Loved Local Businesses, alongside COSBOA, the Council of Small Businesses Organisations of Australia. Podium, the leading communication and payments platform for local businesses, has today announced the winners of Australia’s Most Loved Local Businesses, alongside COSBOA, the Council of Small Businesses Organisations of Australia. …
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INDUSTRY NEWS
Double digit-growth boom for regional housing markets
Regional Australia is continuing to witness house value increases that outpace the capitals, with the best performing regions enjoying an annual rise of more than 30 per cent. …
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Celebrity Homes
Adele adds to $30 million Beverly Hills real estate portfolio
Singer Adele has increased her real estate holdings with another purchase in the Hollywood Hills, taking the combined value of her property portfolio to more than $30 million. …
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BTW
Buxton expands into Bellarine region with launch of Drysdale office
Rapid growth sees Buxton expand into Bellarine region with launch of Drysdale office …
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INDUSTRY NEWS
The number one feature Australian homebuyers are looking for
With Australians spending more time at home than ever, it appears the backyard swimming pool is back in vogue, as homebuyers scramble to get ready for summer. According to Domain, the most searched term across all capital cities in October was, ‘pool’, ahead of other popular terms such as ‘home office’ and ‘courtyard.’ With Australians unable to travel overseas, and interstate travel still up in the air, …
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INDUSTRY NEWS
26 Victorian suburbs join the Million Dollar Club
Melbourne property prices are booming and million-dollar homes are quickly becoming the new norm. …
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INDUSTRY NEWS
The prime real estate position Australians are willing to pay top dollar for
One in three super prime residential sales in Australia over the last year have been absolute waterfronts, with buyers paying greater premiums than ever before. …
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BTW
Another year of change as buyers set to make a move in 2022
LJ Hooker have recently released their 2022 trends whitepaper and predict four main influences that will drive the real estate market over the coming 12-months …
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INDUSTRY NEWS
Vic auction listings break through 2000 for the first time
A record 2040 residential property auctions were expected to be staged in Victoria in the week ending 28 November, according to the Real Estate Institute of Victoria (REIV). …
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BTW
Elders acquires LJ Hooker Rockingham
Elders has recently acquired LJ Hooker Rockingham, expanding its real estate offering in the wider Perth region. The Announcement: Elders is investing in its real estate presence south of Perth, with the recent acquisition and rebranding of LJ Hooker Rockingham on 1 November 2021. LJ Hooker Rockingham has been providing exceptional customer service in the region for 29 years and have an impressive reputation that will support Elders’ ambition to fill geographic gaps across Australia through strategic acquisitions aligned to the company’s cultural values and customer needs. …
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SUPPLIER NEWS
Openn’s US pilot program: Century 21 and RE/MAX broker agreements
Australian-listed property technology company, Openn Negotiation Limited (‘Openn’ or ‘the Company’) (ASX: OPN), has entered into binding agreements with two real estate brokerage firms to participate in the Company’s Pilot Program in the United States. …
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INDUSTRY NEWS
How NZ’s cash rate rise will impact the property market
Experts tip the latest NZ cash rate increase isn't the last hike the RBNZ will announce, and that is likely to impact the property market. …
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BTW
Foreign investors and super funds bullish on Darwin real estate
Residential yields as high as 8 per cent are making Darwin a viable option to the southern capitals, says Glenn Grantham of Raine & Horne. …
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BTW
October a record for Barry Plant Group
The Barry Plant Group almost doubled the value of property they sold in October 2020 due to the pent up demand of buyers during Victoria's lockdown. …
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INDUSTRY NEWS
New player enters the digital market
A new digital property platform has entered the Queensland market, creating efficiency and transparency in the sale-to-settlement journey for buyers and agents. …
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BTW
Jake Harrison emulates Tom Raine as one of the brand’s youngest principals
Raine & Horne’s technology ecosystem is helping to attract young gun principals like Jake Harrison, who has opened Raine & Horne Hurstville with business partner Chris Arvanis. The Announcement: In a nod to the past, 22-year-old Jake Harrison of Raine & Horne Hurstville has just become one of the global brand’s youngest ever principals in its 138-year history, which started with another 22-year-old Tom Raine. …
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INDUSTRY NEWS
House prices grow at third fastest rate in Australia’s history
PropTrack analysis of house price growth in Australia from 1880 to now has found that house prices are growing at the third fastest rate in Australia’s history on the back of strong property market conditions. …
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INDUSTRY NEWS
The Australian city second in the world for prime price growth
Sydney’s prime prices are expected to rise by 9 per cent next year, according to new data, making it the second highest city for prime price growth in 2022. …
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INDUSTRY NEWS
Why airspace could be the big real estate trend of the decade
Where would Australia’s major capitals house an influx of new residents? According to strata property development specialist Warren Livesey, the answer could be airspace. …
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INDUSTRY NEWS
Brisbane named best city to work from home
Brisbane has been named as the best city in the world to work from home with its average temperature of 22 degrees considered ideal for productivity. The Queensland capital also scored highly for its cost of living and its strong healthcare system in the WORKATION Index. Prepared by digital learning platform Preply, the Index examined the 74 most populated cities in the world to evaluate their remote working conditions. …
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BTW
Local experts open Ray White Rural Boonah and Kalbar
Davin and Janine Geck have opened their own business with Ray White due to their love of the country and passion for rural property sales. The Announcement: Local property experts Davin and Janine Geck are excited to open their own business Ray White Rural Boonah | Kalbar, backed by the largest property group in Australasia. The Gecks, who live in beautiful Coleyville, …
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EVENTS
Homely and Ray White celebrate Australia’s leading ladies of real estate
Homely is proud to announce its sponsorship of the ‘Leading Ladies of Real Estate' event in Queensland, hosted by Ray White. …
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