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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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Real Estate News
Property market bounces back: Domain
House prices have increased in almost every capital city, bouncing back from recent price falls, according to the June quarter Domain House Price Report. Nationally, the median house price increased 1.5 per cent, with strong growth in Sydney, Melbourne, Brisbane, Adelaide, Canberra and Hobart. The exceptions are Perth and Darwin, where steep price falls continued, decreasing 1.7 and 0.7 per…
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QLD Real Estate News
Raine & Horne continues its Queensland growth with new Greenbank location
Raine & Horne has launched a new office in Greenbank after agreeing to terms with Margaret McFillin from leading local independent real estate firm, Greenbank Real Estate. Raine & Horne Greenbank, located in the Logan City region south of Brisbane, will operate from the existing office at Shop 2, Greenbank Shopping Centre, 15 Pub Lane, Greenbank and will continue to…
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Real Estate News
Nambour Retail Space for Lease
A tenancy in a prominent retail outlet on the main street of Nambour on the Sunshine Coast is being offered for lease for the first time in 80 years by Ray White Commercial North Coast Central. The 130 sqm tenancy at 1A/70 Currie Street, Nambour, is being marketed by Ray White Commercial North Coast Central’s Emily Pendleton. Ms Pendleton said…
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Real Estate News
New economic report shows solid growth for Australian property market
The PRDnationwide Research Team has released a new report revealing the Australian property market has made a positive start to 2016, with housing and rental growth recorded in capital cities and metro areas along with improved conditions in regional areas. After a hot 2015, the PRDnationwide 2016 Australian Economic and Property Report reveals the Australian property market has returned to…
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Real Estate News
Gold Coast Airport Lands On Tweed Drive-In Site
A high profile 5.15 hectare site at Tweed Heads West, which was formerly the iconic Tweed Heads Drive-In has been purchased by the Gold Coast Airport for $11.45 million. The property at 1 Wollemi Place which had been granted development approvals for a Masters Home Improvement store was sold by James Crawford and Darrell Irwin of Colliers International on behalf…
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Real Estate News
Raine & Horne gives homeowners the chance to share in $40,000 prize pool
Australian homeowners considering selling their properties between July and November will have the chance to make the move to their new house even more exciting, thanks to leading real estate group, Raine & Horne. As part of Raine & Horne’s Spring 2016 marketing campaign, “Make Your House A Home”, anyone listing their residential properties for sale with Raine & Horne…
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Real Estate News
New app Abakus helps maximise tax returns for property investors
Abakus Apps, a new finance-based smartphone application and the first of its kind in Australia, launched today. Aimed at everyday Australian residential property investors, Abakus makes property tax management more convenient and efficient – helping users self-manage their investment/s, maximise their tax return and obtain an estimate of their tax position at any time during the financial year. Investing in property offers tax benefits that make real…
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Real Estate News
Close More Sales with Deposit Power’s Home Equity Option
Are your buyers asset rich but cash poor? If the answer is yes, Deposit Power can help set you apart from the crowd by providing them with the freedom to purchase property today. As an agent, it is important to provide a high level of service in order to remain competitive as well as maintaining the loyalty and trust of…
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NSW Real Estate News
Skyline vision to boost economy and employment
The City of Sydney has developed a strategic vision for Sydney’s future skyline with potential building heights in excess of 300 metres – 80 metres taller than Governor Phillip Tower – while still protecting sun access to the city’s important public places and parks. In the most comprehensive urban planning strategy for Central Sydney in 45 years, the City has…
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Real Estate News
realestate.com.au ramps up content offering with relaunched news section
realestate.com.au is ramping up its content offering by increasing its content and product teams and launching a new-look news site. The new investment in content comes as Australia’s leading property site surpassed 3.4 million visits1 for the news section alone, growing 509 per cent year on year2 (January 2015 – January 2016). The new realestate.com.au/news, launched this week, features more…
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Real Estate News
CBP Contractors Renews Lease for Prime Office Space in Brisbane’s Fortitude Valley
CBP Contractors Pty Ltd has renewed its lease at HQ South Tower, 520 Wickham Street, Fortitude Valley, for a further ten years. Following five years at the same address, the construction company will continue to occupy a total of 9,582sq across levels 3, 5, 6, 7 and 8 at one of the inner city fringe’s premier office buildings. Owned by…
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Real Estate News
Industrial Investment Unit for Sale at Auction
The freehold interest in an industrial investment unit in the Hallmarc Business Park at Ormeau on the northern Gold Coast is being offered for sale via auction by Ray White Industrial M1 North. The approximately 252 sqm warehouse/office at 51/28 Burnside Road, Ormeau, is being marketed by Ray White Industrial M1 North Team Leader Lisa Dunne. Ms Dunne said the…
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Real Estate News
Rare Opportunity to Buy Entire Sydney Apartment Blocks in One Line
Another two blocks of Sydney apartments have been listed for sale – this time in Marrickville and Coogee – amid ongoing demand for residential investment opportunities. CBRE’s Peter Vines has been appointed to sell the Marrickville building, which comprises 46 studio and one-bedroom units at 11-13 Osgood Avenue. In a separate campaign, a second block of 24 apartments at 326…
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Real Estate News
Fairfax’s ‘Daily Liberal’ Dubbo Site for Sale at Auction
A central and commercial complex in Dubbo, the headquarters of Fairfax Media’s Daily Liberal newspaper, is being offered for sale via auction by Ray White Commercial NSW and Ray White Dubbo. The approximately 2,185 sqm building at 216 Macquarie Street and 1 Bank Street, Dubbo, is being marketed by Samuel Hadgelias and Jeff Moxham of Ray White Commercial NSW and…
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Real Estate News
Barangaroo development and downsizers driving demand for Pyrmont apartments
With auction clearance rates nearing 100% in recent weeks, the inner city suburb of Pyrmont, which includes the Jacksons Landing precinct, is in hot demand, according to James Pratt, Director Auction Services, Raine & Horne. “The Sydney metropolitan market is enjoying a strong run with 80% clearance rates in recent weekends, however, clearance rates are even better in inner city…
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COMMERCIAL
Chinese Developer Sets New Record with $30.8 Million Box Hill Purchase
Neighboring not-for-profit organisations – Navy Health and Scope – have sold their adjoining Box Hill properties for just over $30 million to a single Chinese developer, setting a new record of almost $12,000 a square metre of land. According to Savills State Director Clinton Baxter, who brokered the sale of the 2,650 square metre site with Director, Nick Peden, and…
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COMMERCIAL
Mandurah Large Format Retail Centre Sold for $13m
A high profile, large format retail centre at the gateway to Mandurah – Western Australia’s fastest growing city – has sold for $13 million through Knight Frank and Raine & Horne Mandurah. The successful purchaser was the well-established Perth based investor and syndicator Sullivan Property Consultants. Located on the corner of Mandurah Terrace and Mandurah Road at the northern entrance…
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INDUSTRY NEWS
realestateVIEW.com.au partners with AFL players to share real estate journeys
realestateVIEW.com.au has launched an exciting new partnership with The AFL Players’ Association with a short behind-the-scenes look at Jack Riewoldt’s family home in Bellerive, Tasmania. The first taste of five AFL stars to begin sharing their real estate story, Riewoldt provides a glimpse into his childhood home in the upcoming series, which will launch on realestateVIEW.com.au on Monday 11th July.…
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INDUSTRY NEWS
BMT Acquires Homesales
BMT Tax Depreciation today announces that it has agreed to acquire homesales.com.au from carsales.com (ASX:CAR) in a move that is expected to generate immediate value for both businesses. BMT is a specialist quantity surveyor and a dominant provider of tax depreciation schedules for property investors across Australia. The homesales.com.au real estate sales portal was launched in 2009 bycarsales.com – Australia’s…
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Real Estate News
Newcastle commercial markets surge on back of share market volatility and DIY super fund demand
Owner-occupiers and investors are combining to drive demand for commercial property in Newcastle priced below $2 million, according to Steven Dick, Co-Principal of Raine & Horne Commercial Newcastle. “The current rules[i] let Self-Managed Super Funds (SMSFs) purchase a business premises, allowing owners to pay rent directly to their SMSF at the market rate,” said Mr Dick. “Savvy Newcastle business owners…
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FRANCHISE NEWS
Barry Plant Group a growing force in Melbourne’s Bayside suburbs
One of Victoria’s top real estate networks, the Barry Plant Group, is making its mark in Melbourne’s Bayside suburbs. It was only a year ago that the group made its first foray into Bayside, taking over Phillips Nicholson’s Mordialloc office and rebranding it to Barry Plant. The group’s unrivalled service, expertise and professionalism has been well received in the area –…
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FRANCHISE NEWS
Laing+Simmons Parramatta turns 21
Next month marks the 21st birthday for Laing+Simmons Parramatta and the team is celebrating its coming of age by partnering with one of western Sydney’s most beloved and important charities. From July 1 to the end of 2016, Laing+Simmons Parramatta will donate $300 to Westmead Medical Research Foundation (WMRF) for every property the team sells. The Laing+Simmons Granville and Auburn…
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Real Estate News
Submissions open today for the AREAs
Submissions are now open for the Annual REA Excellence Awards (AREAs), the only awards to recognise and celebrate the success of the entire property and media industries. All customers of REA Group are eligible to enter and can do so until submissions close on 1 August 2016. Andrew Rechtman, REA Group’s Executive General Manager – Residential, said he was looking…
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EPM
Renter needs overlooked in pursuit of great Australian dream, reveals election survey
While housing affordability continues as a key issue in the final days of the Federal Election campaign, Renters are calling for more support, improved services, financial incentives and the recognition of renting as an accepted lifestyle choice in Australia. According to a recent 2016 Federal Election survey (1,541 respondents) conducted by Australia’s leading website dedicated to rental property, Rent.com.au, more…
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INDUSTRY NEWS
Brisbane Marketing name HomePrezzo CEO & Founder, Nathan Krisanski as grant winner
Lord Mayor’s Budding Entrepreneurs Program have awarded Nathan Krisanski a 2016 grant to grow the Brisbane based, real estate tech startup, HomePrezzo. HomePrezzo provides a tool for real estate agents and property professionals to generate informative and engaging content in the form of videos and infographics to build trust and generate leads in their local market. “I’ve been in the…
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COMMERCIAL
Colliers International Welcomes Four Points by Sheraton Parramatta
Transformation of Parramatta to include new speciality-select hotel. Colliers International welcomes the debut of Four Points by Sheraton in Parramatta, with a new 271 room, speciality-select hotel on George Street in the heart of Parramatta’s CBD. Four Points by Sheraton Parramatta will also feature a bar and lobby lounge with snack kiosk, a restaurant, parking facilities, an indoor swimming pool…
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National
Landlord Real Estate Tycoon – A Real Estate Mobile Game to sharpen your investment skills
‘Landlord Real Estate Tycoon’ Provides a thrilling GEO-Based Property Trading Simulation Game On iOS® & Android™ Game developer and publisher Reality Games is proud to officially announce the worldwide release of Landlord: Real Estate Tycoon now available as a F2P (free-to-play) download on iOS® and Android™. Completely revamped on the iOS® and released for the first time ever on Android™…
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COMMERCIAL
Neighbourhood Shopping Centre Site Sells – 90-98 Glenmore Ridge Drive, Glenmore Park
Glenmore Ridge in Western Sydney is set to be the home of a brand new neighbourhood shopping centre, after Mintus Properties Pty Ltd purchased a 2.11 hectare site (approx.) for $7.22 million from Lensworth Glenmore Park Limited (a subsidiary of Stockland Development Pty Limited), within the aspirational master planned residential community of Glenmore Ridge. Located at 90-98 Glenmore Ridge Drive,…
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FRANCHISE NEWS
Ray White launches Home Now providing more value to each customer experience
Ray White continues it’s focus on customer excellence with the the launch of Ray White Home Now – an online comparison tool and utility connection service connecting customers faster when they move into a new home. Home Now’s point of difference is that it allows valuable customer data to stay within the business rather than being sent to external third…
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INDUSTRY NEWS
REA Group named as one of LinkedIn’s Top Attractors
REA Group has been included in LinkedIn’s Top Attractors list, featuring the top 25 companies where Australians would most like to work now, based on LinkedIn data. Entering the list for the first time, REA Group ranked 17th and was the sole company featured from both the digital and media industries. Commenting on the honour, REA Group CEO Tracey Fellows…
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INDUSTRY NEWS
VentureCrowd and Clearstate raise close to $1 million in 4 hours
VentureCrowd, Australia’s original and most successful equity-based crowdfunding platform, and end-to-end residential property development company Clearstate, today announced the completion of an innovative crowdfunding deal that raised in excess of $900,000 for a major residential property development in Sydney. Unlike more typical property crowdfunding deals, which see investors buy equity in single homes or apartments, this is the first time in…
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Real Estate News
Inaugural AREAs judges announced
With submissions opening on 1 July, today REA Group announced the first 12 judges and judging criteria for the inaugural Annual REA Excellence Awards (AREAs). The first judges to be announced come from the media, property, data, technology and not-for-profit sectors, and according to REA Group, are some of the most respected and experienced in their professions. The judges announced…
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INDUSTRY NEWS
REINSW warns against renting asbestos register property
Dwellings listed on a register of residential properties affected by loose file asbestos insulation are uninhabitable, according to the Real Estate Institute of New South Wales. REINSW President John Cunningham said from 30 May 2016, NSW Fair Trading made the listing of residential premises on the loose-fill asbestos insulation register (LFAI Register) a material fact, requiring an agent to advise…
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Real Estate News
Get Top Dollar for Your Vendors with Domayne Styling and Staging
Domayne Furniture Hire offer a wide range of furniture, bedding and home wares to hire for your property staging or for furnishing a rental. With a strong, established influence already in the furnishings industry, Domayne is able to access a diverse range of products and suppliers that can help you to create an immediate emotional response from buyers in order…
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