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BTW
Andrew Meehan elected REIV President
Mornington Peninsula real estate agent Andrew Meehan was yesterday elected as President of the Real Estate Institute of Victoria (REIV) for the next 12 months.
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Real Estate News
Major banks to pass on full RBA rate hikes
Australia’s big four banks have been quick to pass on the Reserve Bank of Australia’s 25 basis point rate hike in full to their variable mortgage customers.
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Real Estate News
New Zealand estate from Lord of the Rings for sale
A stunning country estate towards the bottom of New Zealand’s north island, where scenes from Peter Jackson’s Lord of the Rings trilogy was filmed, is on the market for US$5.2 million.
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BTW
McGrath acquires stake in top performing franchise
McGrath Managing Director and Chief Executive Officer John McGrath said the acquisition is in line with their strategy of investing in quality businesses and partners. The Announcement: McGrath Limited (ASX:MEA) (McGrath, Company or Group) today is pleased to announce that it has acquired a 30% stake in its Central Coast franchisee, McGrath Central Coast, from principals Jaimie Woodcock and Mat…
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INDUSTRY NEWS
Regional property values set to benefit from the renewable energy boom
Australia’s focus on renewable energy will see a number of regional property markets across the east coast benefit from rising prices and long-term capital growth.
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INDUSTRY NEWS
New QLD rental laws for pets to come into play
Queensland's new rental laws have come into effect, with property owners no longer able to set a 'no-pet policy' unless certain criteria are met.
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Real Estate News
CoreLogic’s September figures show a slower start to the traditional ‘spring selling season’
Across the combined capital cities, CoreLogic’s national home value index (HVI) recorded a 1.4 per cent decline in September, easing from a 1.6 per cent fall in August. The result shows the declines in property values are losing some steam, but according to Core Logic Research Director Tim Lawless, it might be too early to predict that we’ve moved through…
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BTW
Ray White NSW/ACT strengthens leadership team
Ray White Group Head of Performance Tim Snell will step up to become Chief Executive Officer of Ray White NSW | ACT from December 1. The Announcement: Today we announce some important changes to the leadership structure of our Ray White NSW | ACT business that will position us for continued growth into the future. Ray White group head of performance…
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BTW
REIA welcomes regional First Home Buyer Guarantee as prices in regions surge
President Hayden Groves said scarcity of supply in regional towns has become a driving factor in housing affordability and the new Regional First Home Buyer Guarantee will ease some of the pain many first home buyers have been experiencing.
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INDUSTRY NEWS
Low-deposit finance across New Zealand becoming harder to get
Low-deposit finance is becoming increasingly hard to secure in New Zealand as banks continue to tighten lending standards.
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COMMERCIAL
Rising costs to see students look to student accommodation
Higher rents and rising living costs could see students turn back to specialist student accommodation according to an expert.
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INDUSTRY NEWS
Queensland real estate icon Andrew Bell joins REIA board
Ray White Surfers Paradise owner and widely respected agent Andrew Bell OAM has been appointed to the Real Estate Institute of Australia (REIA) board of directors as an additional director.
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INDUSTRY NEWS
Adelaide property prices starting to cool after a record run
The daily number of sales in metropolitan Adelaide has fallen dramatically this year, reverting back to pre-pandemic levels, according to new data.
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INDUSTRY NEWS
Neighbours property on the market as council rejects heritage listing
A slice of Australian television history is on the market, with one of the Melbourne homes featured in Neighbours for sale with a price guide of $1.2 million to $1.3 million.
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INDUSTRY NEWS
CampaignAgent reacts to huge industry uplift in demand for more VPAPay
Agencies have reported a significant uplift in Pay Later applications as the property market turns from a seller’s to a buyer’s market, according to CampaignAgent.
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INDUSTRY NEWS
Demand increasing for energy efficient homes
Demand for energy efficient homes is on the rise as cost of living pressures are forcing Australians to look for more affordable options.
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BTW
Richard Matthews Real Estate opens third office
Richard Matthews has officially opened a shiny new office in the heart of Georges Hall.
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INDUSTRY NEWS
Australia’s most ‘royal’ suburbs revealed
The town of Warragul in eastern Victoria is officially Australia’s “most royal” location, boasting more royal street names than any other suburb or town in Australia.
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INDUSTRY NEWS
Brisbane gets its first $3 million suburb
The inner-city suburb of Teneriffe in Brisbane has officially become the first suburb in the city to top the $3 million median price mark.
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SUPPLIER NEWS
EBM RentCover leading the way in landlord claims handling
It can be argued that the true test of an insurance policy comes when a claim is made. This is something EBM RentCover has always known and the specialist landlord insurance provider’s commitment to claims handling excellence has been recognised with a prestigious Mansfield Award.
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BTW
Experienced Melbourne agent and auctioneer Bradley Cooper joins Ray White
His philosophy is built on diligence, passion, investing time in further training and surrounding himself with successful people.
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BTW
Raine & Horne expands into the Southern Tablelands
Raine & Horne Bungendore/ Braidwood will focus on meeting demand for rural properties and helping buyers priced out of the Southern Highlands market.
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INDUSTRY NEWS
858,000 households have an adult child living at home
The cost of living is surging across Australia and the higher expenses are forcing more people to move back in with their parents.
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INDUSTRY NEWS
Adelaide and Brisbane among the world’s best performed property markets
Adelaide and Brisbane have bucked the national trend and recorded strong house price growth as worldwide prices continue to climb.
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INDUSTRY NEWS
How Pay On Success VPA solves vendor reluctance in today’s market
The property market is changing. Your approach to vendor paid marketing needs to as well.
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BTW
Top team joins Ray White Doreen
Aaron Geary started his real estate career in 2017 and quickly progressed to an auctioneer and has won multiple awards as an outstanding sales performer.
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INDUSTRY NEWS
Queensland rental supply falls 30 per cent as investors exit market
Surging house prices across Queensland have caused a wave of investor selling, the the number of available rental properties dropping dramatically.
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INDUSTRY NEWS
Australian home buyers prepared to wait for lower prices
Nearly eight in 10 Australians are prepared to wait for house prices to fall further before jumping back into the market, according to new data.
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FEATURE INTERVIEWS
Michael Davoren celebrates 50 years in real estate
When Michael Davoren started in real estate, there were no mobile phones, no online marketplaces, and franchising was only really just beginning to take shape.
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INDUSTRY NEWS
The worst is yet to come on interest rates and the economy: Treasurer
Federal Treasurer Jim Chalmers has warned homeowners there will likely be more pain ahead as interest rate rises start to weigh on the economy.
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COMMERCIAL
Luxury retailers expand their Australian presence
Luxury retailers are expanding their bricks and mortar footprint in Australia, with demand for luxury goods well ahead of pre-pandemic levels.
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INDUSTRY NEWS
Grow your rent roll with levelled up listings
Property managers have always been amongst the hardest workers in the room. Landlords expect great results in short timeframes, but are also looking for the cheapest possible prices, meaning PMs often have to compromise on using the best quality tools and services.
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Celebrity Homes
Ryan Serhant lists world’s tallest penthouse for $250 million
Ryan Serhant is no stranger to selling high-end luxury property, but his latest listing is looking to set records for the most expensive property ever sold in the US.
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BTW
Ray White NSW | ACT celebrates its 2022 winners
ay White NSW/ACT Chief Executive Officer Andrew McCulloch said the night celebrated an amazing year, and now was the time to take market share, create competition and continue to lead the market rather than follow.
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INDUSTRY NEWS
First-home buyers quietly returning to the market
Despite rising interest rates, first home buyers appear to have passed “peak pessimism” and are slowing returning to the New Zealand property market, according to new data.
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