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Elite Agent
First home buyer loans hit 11-year high
"The short-term stimulus from HomeBuilder is emerging in the housing finance data released by the ABS today."
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Real Estate News
LJ Hooker opens nine new offices, with four more on the way
With COVID-19 putting the brakes on the Australian economy for much of the year, LJ Hooker has forged ahead to prepare for the inevitable recovery by opening nine new offices around the country, with another four applications pending in regional areas.
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Elite Agent
LJ Hooker honours top performers at International Awards
LJ Hooker has recognised its top performers across Australia and New Zealand at its annual International Awards Night, held virtually this year. LJ Hooker Network Chief Graeme Hyde said the awards night is the most important event of the year, especially during these unprecedented times. “With the year 2020 has…
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Real Estate News
Treechange vs seachange: which is better?
As city-dwellers flee for the comfort of a slower paced life, a debate has reared up. Which is better, the beach or the bush?
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Real Estate News
Budget is great news for real estate – if forecasts become reality: REIA
The Real Estate Institute of Australia has said that the critical Budget 2020 has provided an encouraging outlook for all players in the Australian property market. President of REIA, Mr Adrian Kelly, said that despite the challenging and unprecedented events of 2020 with a deficit of $210 billion, Budget 2020…
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Real Estate News
Many properties to sell at a loss as mortgage holidays end
The latest CoreLogic Pain and Gain report suggests that loss-making sales of distressed properties are expected to soar during this quarter.
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Real Estate News
Budget not enough to halt construction downturn
The 2020 Federal Budget is "very much one of housing hits and misses", according to the Australian Institute of Architects, who warn it may not be enough to stop new construction projects from drying up. Institute CEO Julia Cambage said architects were "the canary in the coal mine" for the…
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Real Estate News
Budget 2020: Business investment package a chance to go green
The Green Building Council of Australia has welcomed the 2020 Federal Budget, and hope the landmark business investment package will result in construction companies purchasing to energy efficient equipment.
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Real Estate News
Belle Property expands Victorian footprint with three new offices
Belle Property has launched three new offices in Victoria. Belle Property Daylesford, helmed by Principals Will Walton and Peter Douglas, has launched into Trentham, extending the brand’s reach across the Hepburn Shire region. Meanwhile industry veteran Peter Julian has opened two offices servicing the Surf Coast region with Belle Property Geelong and Belle Property Torquay. Dovetailing with lockdown restrictions easing…
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Real Estate News
Dwelling approvals fell in August
"The decline was driven by private sector dwellings excluding houses, which fell 11.0 per cent."
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Elite Agent
Mortgage approvals hit pre-COVID levels months ago
New ABS housing finance data shows that mortgage approvals across the country hit pre-pandemic levels in July.
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Real Estate News
Harcourts International announces new COO
Harcourts International has announced the appointment of a new Chief Operating Officer, with Andrew Friebe stepping into the role. Announcing the appointment, Harcourts International CEO Steve Caradoc-Davies said it gave him great pleasure to welcome Mr Friebe back to the corporate leadership team at Harcourts. “His in-depth knowledge and understanding of real estate, both within a real estate business and…
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Real Estate News
@realty agents to receive commissions within 24 hours
Agents won’t have to wait for settlement to receive commission, under a new initiative designed to improve cash flow. Under the new @realty Boost program, agents affiliated with the @realty network will be able to claim commission when a contract goes unconditional, with the company promising a 24-hour turn around for payment. @realty CEO James Taylor says @realty Boost will…
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Elite Agent
Houses v units: the risk gap for investors widens further
The difference between buying a house and buying a unit rental property has never been more pronounced, according to RiskWise Property Research.
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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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Real Estate News
Raine & Horne open new Sunshine Coast office
Experienced agent, property valuer, and former Queensland Property Council President Wayne Rex has launched Raine & Horne Marcoola to service the northern section of the Queensland Sunshine Coast. Mr Rex is opening the new office with his wife Penny. They are folding the local branch of their property advisory, valuation, and off-the-plan sales business, Dodds & Bumbu, into Raine &…
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Elite Agent
OpenLot portal has thrived through pandemic
After launching earlier this year, digital property platform OpenLot has gone from strength to strength, with the pandemic playing to the portal's strengths.
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Elite Agent
Survey: Rent is easier to pay, but renters see a grim future
Renters are finding it easier to make their rental payments than at the start of the COVID-19 crisis, but feel less positive.
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Elite Agent
HIA welcomes relaxed Qld border restrictions
Thousands of builders and tradies working either side of the NSW/QLD border will breathe a sigh of relief today.
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Elite Agent
Drop in migration to cause drop in Aussie housing demand
The global COVID-19 pandemic could cut demand for housing in Australia by between 129,000 and 232,000 dwellings over the next three years, according to new research released today by the National Housing Finance and Investment…
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Real Estate News
Application date extended for land tax relief scheme
NSW landlords who reduced their tenant’s rent due to COVID-19 can still apply for the NSW Government’s land tax relief, with the submission date now extended until December 31. Relief is available to commercial or residential landlords whose tenants can prove financial distress due to COVID-19, and who have reduced their tenant’s rent for any period between 1 April, 2020…
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Elite Agent
COVID-19 Safety Plans now mandatory for NSW open homes and auctions
COVID-19 Safety Plans are now mandatory for open homes and auctions.
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Real Estate News
Foreign investment fee an “outrageous impost” that will hurt economy: PCA
Proposed legislation that will increase the cost of foreign investment applications fees has been slammed by the Property Council as being "an outrageous impost on safe institutional investment into commercial property and discourage the very…
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Elite Agent
Co-living company Hmlet moves into property and lifestyle sector
Hmlet, Asia-Pacific’s fastest growing co-living company, announced a range of products that see them enter the property and lifestyle space. “The goal of Hmlet’s new product lines is to change the way people live for…
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Real Estate News
REIWA point to Qld’s example as the way forward for WA
REIWA President Damian Collins has commended the Queensland Government's handling of the COVID-19 legislation
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Real Estate News
The pandemic has changed what buyers want, and developers are following suit
The pandemic has changed how and where people want to live, and what features they are now looking for in a house.
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Real Estate News
New CEO for Ray White Queensland
Ray White Queensland has announced a major shakeup, with a new CEO replacing Tony Warland, who has been at the helm of the company for 12 years. Incoming CEO Jason Andrew, an award-winning auctioneer who has successfully led the NSW network for close to four years, is taking over the reins from Mr Warland. Ray White Group Managing Director Dan White…
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Real Estate News
REIA urges Daniel Andrews to restart Victorian property market
REIA urges Victorian Government to safely restart Australia's second biggest property marketThe REIA joins with the Real Estate Institute of Victoria (REIV) in calling on the Victorian Government to reintroduce contactless activities in the real…
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Brand Editorial
LJ Hooker Cleveland offers up Mitsubishi Mirage in spring campaign
This spring, LJ Hooker Cleveland is offering property owners the chance to win a brand-new Mitsubishi Mirage valued at almost $20,000. Every sales or rental listing undertaken by LJ Hooker Cleveland between 1 September and 30 November will go into the draw to win the car from Bartons Mitsubishi Capalaba. The draw will take place at Bartons Mitsubishi Capalaba in…
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Elite Agent
All the winners from the 2020 reiwa.com awards
Western Australia's real estate professionals came together to celebrate the industry's best at the 2020 reiwa.com Awards Ball held at Crown Perth on Saturday 12 September.
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Elite Agent
Domain teams up with The Block agents to sell this year’s properties
Domain will again be supporting the selling agents on this season of The Block. In the lead up to the finale, Domain will be helping the agents maximise their exposure for the five period homes in the Melbourne bayside suburb of Brighton. The Block listings will be exclusive to Domain, with agents given access to property marketing offerings across print,…
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Real Estate News
LJ Hooker launches new spring campaign for the DIY consumer
LJ Hooker has launched its latest campaign ‘spruce up for spring’ to drive customer engagement and brand awareness during the competitive spring selling season. The national three-month campaign, which kicked off on 1 September, is based on a spring season giveaway offering homeowners the chance to win a share of $17,500 in home renovation vouchers by receiving a property appraisal…
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Real Estate News
Homely appoints David Holmes as Qld State Manager
Real estate portal homely.com.au has appointed well-known industry figure and auctioneer, David Holmes as their Queensland State Manager. This announcement comes off the back of Homely rolling out their Agent Participation Program in Queensland and…
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Real Estate News
Rent.com.au raises $1.5m to launch RentPay
Rent.com.au has raised $1.5m to market and launch RentPay, RENT's flagship 'tenancy period' product.
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