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INDUSTRY NEWS
Google Duo: Another easy step in virtual property viewing?
When you can’t show a potential buyer or tenant a property, a video call can be the only other alternative. And with the recent release of Duo – Google’s new 1-to-1 video calling app for Android and iOS – the company is promising the experience will soon be a whole lot smoother and easier. Like Apple’s “Facetime” the Duo app…
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Real Estate News
Barry Plant builds on presence in the inner north
The joint-directors of Barry Plant’s Coburg and Pascoe Vale offices have expanded their successful operation, establishing a Barry Plant Brunswick office in Lygon Street’s vibrant café precinct. This office in Brunswick completes a trifecta of offices ideally located to serve the Greater Moreland area. “Barry Plant has been servicing the Brunswick area since 1986,” says Group CEO Mike McCarthy. “During that…
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Brand Editorial
Bizcover – Saving You Time and Money on Your Insurance
They say in the world of real estate, trading without Professional Indemnity Insurance is equivalent to a surgeon practising without Medical Indemnity Insurance. Although you’re not performing brain surgery, real estate is a complex industry, and as an estate agent you’re open to litigation involving breach of contract, allegations of misrepresentation, poor property management and a breach of statutory provisions –…
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Real Estate News
REIWA: Pockets of positivity in Perth’s challenging rental market
Perth’s North East sub-region was the stand out performer in the Perth rental market in the June 2016 quarter, recording a 4.7 per cent increase in leasing activity. REIWA President Hayden Groves said while the number of leased properties in the overall Perth market for houses and units declined 5.2 per cent in the June quarter, it was pleasing that…
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Real Estate News
Department of Finance signs annual multi-million dollar lease for One Canberra
In an off-market arrangement, the Commonwealth Department of Finance has secured a multi-million dollar, long-term lease for One Canberra, a prestigious ‘A’ grade 24,065 square metre office building prominently located just 500 metres from Parliament House Canberra. Owned by integrated property firm, the Willemsen Group, the building, located at the corner of National Circuit and Canberra Avenue, consists of five…
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Real Estate News
LivStyle: When an Apartment Becomes a HOME
A new phase in the evolution of apartment living is underway in Sydney, with intuitive developers catering for the longer-term needs of growing families. Well-designed three-bedroom apartments in inner-ring suburbs with good transport connections are now a viable alternative to a family house. That’s why the specialist inner-city development company LivStyle is launching a project in Rosebery called HOME. Aimed…
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Real Estate News
hockingstuart salutes outstanding talent at annual awards night
One of Victoria’s leading real estate agencies, hockingstuart, celebrated the achievements of its employees at the agency’s 2016 awards evening on August 11th, with its regional and outer suburban offices leading the charge. Held at the Plaza Ballroom in Melbourne, the evening recognised the individual and office achievements for the past financial year, based on sales growth, market share and customer…
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Real Estate News
Reno queens from Three Birds Renovations to star in new realestate.com.au video series
Fresh off the launch of its new-look News site, realestate.com.au has announced an exciting six-episode content series with Three Birds Renovations, a trio of Sydney women renowned for their stunning renovation makeovers. Best friends and busy mums, Bonnie, Erin and Lana, walked away from their corporate careers in 2014 to build a more fulfilling life and pursue their passion for…
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Real Estate News
Final Lots for Sale in Riverside Haven
The first substantial residential land project for more than 50 years in Brisbane’s west with immediate connection to the Brisbane River has almost sold out as the estate’s first residents prepare to move in. Unison Projects’ Arbour Reach, a 29-lot development on a 2.5ha estate off Magazine Street, Sherwood, has only two blocks remaining and both are fronting the Brisbane…
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Real Estate News
Raine & Horne National Awards for Excellence winners announced
The 2016 Raine & Horne National Awards for Excellence event, held at the spectacular Hamilton Island Conference Centre, attracted more than 200 of Raine & Horne’s best and brightest from its national and international network of offices. Congratulations to all the winners of the 2016 Raine & Horne National Awards for Excellence: Top Salesperson (Dollar Value) James Baker, Raine &…
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Real Estate News
VentureCrowd and Clearstate raise $1.7 million in major property crowdfunding deal
VentureCrowd, Australia’s original and most successful equity-based crowdfunding platform, has closed a second, oversubscribed funding round in partnership with end-to-end residential property developer, Clearstate, for a residential development in Sydney’s south west. Hot on the heels of the companies’ inaugural Riverstone development deal, which raised close to $1 million in under four hours, the Austral investment has given more than…
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Real Estate News
Momentum builds in Circular Quay
Mirvac’s 200 George Street development is complete and is the first jewel in the Circular Quay crown as development and growth in the area picks up momentum. Standing 37 stories and spanning 39,200 square metres, the ‘smart’ building is designed both with the environment and the wellbeing of office workers in mind and is the first completed project as a…
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Elite Agent
What seven questions your vendors should be asking you
Tom Panos on Sky Business news this week said that there were 7 questions vendors should be asking agents when interviewing them. Could you answer them? Bad agents are going to be DEVASTATED with this videoBad agents are going to be DEVASTATED with this video. Good agents will send it to their database to win more listings. Here are 7…
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Real Estate News
Raine & Horne launches Hornsby office
Superbrand Raine & Horne is launching a major assault on Sydney’s popular Upper North Shore property market with the opening of a new office located in Hornsby. Raine & Horne Hornsby will be led by experienced local agent Chris Hopkins and his wife Susie, and will deliver the 133-year-old family owned and operated firm’s unique sales and property management services…
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EPM
CoreLogic: July Rent Review
Rental rates showed no signs of lifting over July, according to the CoreLogic July Rent Index. Rental rates fell by -0.3% over the month to be -0.6% lower over the 12 months to July 2016. According to CoreLogic research analyst Cameron Kusher, rental rates continue to ease as supply ramps up. In July, rental rates dropped in all cities except…
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Real Estate News
Starr Partners puts its agents to the honesty test
When real estate agents featured amongst the lowest ranked professionals for honesty, Douglas Driscoll, CEO of real estate group Starr Partners, set out to prove it wasn’t so by putting some of his agents to the ultimate test – a polygraph machine. Engaging independent forensic polygraph company Advanced Polygraph, Douglas sat down with his agents to ask them questions from…
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Real Estate News
Laing+Simmons Charity Campaign Raising Thousands
Laing+Simmons Parramatta’s campaign to raise money for medical research as part of its 21st birthday celebrations has got off to a flying start with over $3000 already raised in the first month alone. The award winning real estate agency, which came of age last month, is donating $300 to Westmead Medical Research Foundation (WMRF) for every property it sells from…
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Real Estate News
First National Real Estate launches landmark Asian project marketing initiative
First National Real Estate has today entered a landmark agreement with First National Real Estate Platinum Project Marketing at its Melbourne’s CBD offices to launch a major new project marketing initiative throughout Asia. The agreement leverages the strength of relationships founded in Australian based Asian communities by First National Real Estate, which are themselves the result of a leading Australasia…
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Real Estate News
Woden to welcome ACT Health
The Department of Health has signed a 15 year lease for 11,000sq m of office accommodation at the newly refurbished 2-6 Bowes Street Phillip. Colliers International’s Paul Powderly, Tim Mutton and Michael Ceacis brokered the deal. The ACT Government will be relocating its workforce of about 750 staff from multiple sites around Canberra and will be joining other Commonwealth Government…
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Real Estate News
Brookfield Multiplex Delivers New Tower to Melbourne CBD
Brookfield Multiplex, a leading global contractor, has delivered another high-rise tower to Melbourne’s city skyline, with the completion of Central Equity’s $295 million residential tower Melbourne One on time. Located at 618 Lonsdale Street, the landmark 47 level tower stands some 149 metres above ground level. The construction of Melbourne One generated in excess of 1,000 jobs and used some…
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Real Estate News
Woods Bagot’s Design of Uniting Communities’ Redevelopment Breaks the Mould
Uniting Communities’ redevelopment on Franklin Street in Adelaide is a radically mixed -use building which aims to provide a range of services from retirement living, disability respite and specialist disability accommodation, retail tenancies, a community services hub, convention and meeting space and workplace. Designed by Woods Bagot the redevelopment, which recently received DA approval, will generate a ‘one-stop’ shop experience for…
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Real Estate News
Sydney CBD office market demand strong
The Sydney CBD office market continues to perform well above the national average with vacancy rates decreasing over the past six months, according to the Property Council of Australia’s latest Office Market Report. “Sydney’s office market continues to have the lowest vacancy rate and the strongest demand of all capital cities,” NSW Executive Director Jane Fitzgerald said today. “Sydney’s CBD…
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Real Estate News
Rare DA-approved site in Botany to go to public auction
A significant residential site in Botany, with a rare DA approval in place, and a price guide of $10 million, is certain to attract strong local and overseas developer interest, according to listing agent, Tony Laing, Co-Principal of Raine & Horne Commercial Bondi Junction. “The real value in this site, which will go to public auction on Thursday 25 August,…
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Real Estate News
Caloundra CBD Retail Investment for Sale at Auction
A retail investment opportunity in the heart of the Caloundra CBD on the Sunshine Coast is being offered for sale via auction through Ray White Commercial Caloundra. The single storey commercial property divided into two tenancies at 37 Bulcock Street, Caloundra, is being marketed by Ray White Commercial Caloundra’s Len Greedy and Alan Gray. Mr Greedy said the approximately 117…
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National
realestate.com.au launches global property network
REA Group, parent company of realestate.com.au, has announced the launch of its global property network. The network is a platform that opens up a new way for people to search for international property while exposing Australian property listings to a global audience. With listings from 56 countries, connected by property sites in 12 markets, including US, Italy, Germany, France, Malaysia…
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Real Estate News
Radley Property pledges 20% of real estate commission to charity
This week marks the launch of Radley Property, an innovative real estate agency combining property services with philanthropy by pledging 20% of its commission to Australian registered charities. For each transaction, landowners individually donate half of Radley Property’s 20% Pledge to their chosen charity. This donation is made in the vendor’s name, does not impact their profit and is tax…
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EPM
Grow Your Rent Roll and Attract Landlord Appraisals with RentQuotes
If securing new managements is key to delivering growth in your department this year, ensure RentQuotes is part of your online strategy. As Australia’s leading website dedicated to rental property, Rent.com.au offers a number of tools and services to help property managers build their managements. RentQuotes invites landlords looking for a property manager to send details about their new or…
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Real Estate News
Changing of the Guard at Mclaren Vale’s Famous Conte Vineyard
Local wine producer acquires well known family vineyard Well known South Australian winemakers, the Conte family, have sold one of their long-standing vineyards in the famous McLaren Vale wine region. Colliers International’s Nick Goode and Nick Dean facilitated the sale of the Conte family’s McLaren Vale property, totalling approximately 53ha, to local wine producer Dowie Doole. “The property has been…
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Real Estate News
Teracota Terraces: Evolution of the Aussie Terrace
Innovative inner-city developer LivStyle has brought the much-loved terrace into the 21st Century by incorporating features of a modern apartment. Its Teracota Terraces at Alexandria have practical entertaining areas, a media nook, a private courtyard, expansive windows and sliding doors, a self-contained laundry, substantial storage options and basement car parking with direct internal access. While paying homage to the traditional…
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Real Estate News
REA Group named on Forbes’ World’s Most Innovative Growth Companies list
REA Group has been recognised as one of Forbes’ World’s Most Innovative Growth Companies, featuring the top 100 most innovative growth companies from around the world. REA Group ranked 19th alongside only two other Australian companies – Seek (13th) and Domino’s Pizza Enterprises (20th). According to Forbes, the list relies upon investors’ ability to identify firms they expect to be…
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Real Estate News
University of Sydney presents The Festival of Urbanism
With the Sydney population projected to grow to 5.89 million people by 2031, the city’s transport, public services and green spaces will be under a great deal of pressure. The University of Sydney’s third Festival of Urbanism will investigate what can be done to help ease the pressure on the global city. The two-week festival from 1 to 12 August will…
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Real Estate News
Exotic Tropical Turtle Island for sale in Australia
An entire freehold tropical island just off the coast of Queensland, Australia has hit the market with council approval for usage as a tourist resort, or an option to purchase as a private retreat. Turtle Island sits on 23.25 acres of land and is one of only nine freehold islands in Queensland, and boasts extensive existing facilities and ease of…
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Real Estate News
REISA announces winner of 2016 Auctioneering Championships
REISA’s second Auctioneering Championships concluded on the eve of Thursday, July 21st with a Gala Presentation Dinner at the Stamford Grand Glenelg. Toop & Toop’s Bronte Manuel took out first place – for the second year in a row – and will represent REISA at the Australasian Auctioneering Championships in Alice Springs. LJ Hooker’s Michael Fenn finished in second place and will also…
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Elite Agent
Elite Agent Magazine reaches finals for two Publish awards
The finalists of this year’s Publish Awards, recognising the best in print and digital publishing across Australia have been revealed, with Elite Agent Magazine being shortlisted in two categories, Business Magazine of the Year and a nod to Samantha McLean for Business Editor of the year for the second year running. Other finalists in the same category include Bauer Media for…
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Real Estate News
hockingstuart launches training arm: hockingstuart Academy
One of Victoria’s largest real estate agencies, hockingstuart, has announced the launch of its own accredited training arm for those wishing to pursue a career in property. The hockingstuart Academy will offer training programs for those in the real estate industry looking to upskill, as well as a range of accredited qualifications such as the Agent’s Representative Certificate and Full…
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