News Room
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Auction volumes increase with clearance rates remaining representative of the state of the market.
The combined capital city preliminary clearance rate increased to 70.2 percent this week, after last week’s revised final clearance rate fell to 66.4 percent, which was not only the lowest combined capital city clearance rate so far this year, down -0.1 percent from the previous low seen over the week ending 25 June 2017 (66.5 percent), but the lowest clearance rate since June 2016 across the combined capitals.
NSW Fair trading update on deadlines, by-laws, fire-safety, fraud prevention and holiday lettings
The Office of Fair Trading this week issued the following reminders/information for property agents located in NSW.
Harcourts announces property styling program ‘Harcourts at Home with Sean & Ella’
New Program features Tasmania’s popular House Rules contestants Sean MacKay and Ella Cuthbert.
Short-term letting only suitable for some
The rise of short-term letting and accommodation services like Airbnb and Stayz sees many property owners looking at…
One agent, $50 million in sales, 19 days
Ray White Double Bay agent Gavin Rubinstein is defying the market. After 10 years in the real estate industry,…
RE/MAX Auctioneer showdown on convention stage
When three RE/MAX agents battled for the title of 2017 Auctioneer of the Year at the RE/MAX Asia…
Investors finally get the APRA message; RateCity
June ABS figures show a sharp drop in investor housing commitments.
Government Policy Drives First Home Buyers
July sees increase in new entrants to the market in NSW in Vic, thanks to incentives, say HIA.
realcommercial.com.au launches a new investment search experience
Investors looking for commercial property in Australia will be able to use ‘Invest’ to gain more in depth…
Preliminary clearance rate holds above 70 percent however final results tell a different story
The combined capital city preliminary clearance rate increased to 70.2 percent this week, after last week’s revised final…
Master Builders Association calls for better regulation of the building industry’s use of cladding
“Master Builders and its 33,000 members want the community to have faith in the safety of our built…
REIQs most capped Auctioneer wins again
Justin Nickerson is crowned back-to-back winner of the REIA Australasian Auctioneer of the Year championship
Perth’s stable house and rent medians good news for the market: REIWA
Perth’s median house price and median rent have both remained stable in the three months to August 2017…
Richardson & Wrench Stars Shine Bright at the 2017 Annual Awards
Bondi Junction Principal Andre Frack claims three of the most coveted trophies
Auction volumes fall with the clearance rate clinging to 70 percent
The combined capital city preliminary clearance rate increased to 70.0 percent this week, up from 68.3 percent last…
Core Logic Home Value Index August 2017
National housing conditions steady, led by a slowdown across the Sydney market
Stockdale & Leggo Expands into Footscray
Stockdale & Leggo have continued their expansion with the addition of an agency in Footscray led by Anil…
John McGrath says no chance of a 40% correction in Sydney market
John McGrath, Founder and Executive Director of McGrath, said that he was misquoted today in a report that the…
Education hot spots driving house price growth: REIV
New REIV data shows the median house price in highly sought after public school catchments are up to…
McGrath tips Geelong as a strong performer this Spring Office reports upturn since joining the brand
McGrath Estate Agents shows its continued confidence in the Victorian property market as it identifies Geelong as a…
New Home Sales Continue to Ease from Record Highs
“A drop in new apartment sales have contributed to the continuing decline in new home sales nationally since…
Perth’s 10 cheapest suburbs within 10km of the CBD revealed
Nollamara, Cloverdale and Belmont are among Perth’s 10 cheapest suburbs for median house price within 10 kilometres of…
Coast swells with RE/MAX agents
Hundreds of delegates for the RE/MAX Asia Pacific Convention have arrived on the Gold Coast, with the official…
Banks shut the door on new interest-only borrowing
More home buyers are being forced to pay down their debt according to the latest APRA figures, which…
Corelogic launches new generation Hedonic Index
Updated features include improved sampling, plus better off the plan handling techniques
Maxcon to build Adelaide’s tallest building
Realm Adelaide developers, Parallel Property have announced Maxcon will build their $200m 40 level residential tower, with construction…
BRICKX Arrives in Adelaide with Bricks from $74
BRICKX has arrived in Adelaide, launching its first property outside of Sydney and Melbourne, giving Australians the opportunity…
Auction volumes at their highest levels in 12 weeks
Auction activity increased across the combined capital cities this week, with 2,239 homes taken to auction; the largest…
Greens’ rental policy threatens rental market: REIQ
The REIQ has labelled the Greens’ “Renter’s Rights” policy as unworkable and, if implemented, would pose a threat…
Affordable housing south of Perth is key to real estate turnaround: Raine & Horne
Wellard, Jarrahdale and Byford are hotspots to watch, with plenty of affordable housing that will be key to…
