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BTW
Devonport office recognised for outstanding contribution to the LJ Hooker Group
Just three years after opening, LJ Hooker Devonport has taken out the prestigious title of Business Owners of the Year at the network’s annual Night of the Stars Awards.
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INDUSTRY NEWS
Fixed-rate mortgage bomb set to go off
Thousands of borrowers on fixed-interest home loans are facing an interest rate “cliff” and could be plunged into mortgage stress by the end of the year.
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INDUSTRY NEWS
$8 million double apartment sale in The Horizon breaks records
A double apartment in Sydney’s The Horizon tower has sold for a record-setting $8 million.
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INDUSTRY NEWS
Cloudstaff launches dedicated property division for the Australian market
Cloudstaff, the Australian-headquartered remote staffing platform, has announced the launch of a dedicated division to service the Australian real estate market.
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BTW
BresicWhitney reveals 2025 Strategic Direction
BresicWhitney’s Mission for 2025 is to be the ‘leading property group in Sydney’. The Announcement: BresicWhitney has revealed its 2025 Mission to be the ‘leading property group in Sydney’. This is an evolution of its lifestyle-focused positioning, taking a wider lens that aims to continue leading the property experience and environment for all who participate. This includes its people, its…
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INDUSTRY NEWS
Trading up is getting easier in New Zealand
Upgrading your home is gradually getting easier across New Zealand, with new data showing the premium to trade-up is on the decline.
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INDUSTRY NEWS
Risky lending falls as tough APRA rules kick in
The value of risky mortgages continues to fall after tough new rules from the Australian Prudential Regulation Authority (APRA) start to take hold.
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INDUSTRY NEWS
A unique spring selling season on the horizon
Despite the arrival of the spring season, sales activity is expected to be a little different this year as mortgage rates, weak consumer sentiment and stretched household budgets begin to bite.
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BTW
REIQ: encouraging ‘rightsizing’ is the right move
The REIQ supports initiatives that make downsizing an easier financial decision for older Queenslanders.
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SUPPLIER NEWS
MyHomeVault app puts property information in the palm of your hand
An Australian real estate app that stores property information in one secure place is now available on the Apple App and Google Play stores.
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Real Estate News
Tech occupiers drive rapid growth in city fringe office market
Commercial investor activity on Sydney’s city fringe is tipped to hit record levels before the end of the year.
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INDUSTRY NEWS
Mortgage anxiety rises as the RBA continues to hike the cash rate
Rapidly rising mortgage rates could leave borrowers in serious financial trouble with new research finding two-thirds of homeowners may default as a result of the increased cash rate.
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Real Estate News
Australia’s largest landowners buy NT cattle station for $70 million
Australia’s largest private landowners, pastoralists Donny and Colleen Costello, have expanded their cattle station empire to more than 9.2 million hectares, after acquiring Mount Doreen Station in the Northern Territory for $70 million.
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BTW
Nation’s first drive-through ramen restaurant located at brand new service centre
Australia’s first drive-through ramen restaurant has been brought to market as part of an Ampol Service Centre with Ray White Commercial QLD. The Announcement: A brand new service station has hit the market in Pimpama, complete with Australia’s first drive-through ramen restaurant. Located at 68 Pimpama Jacobs Well Road, the fully-leased Pimpama Ampol Service Centre is being brought to market…
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BTW
Stone Real Estate opens new franchise in Warner, Queensland
Real estate franchise network Stone is continuing to capitalise on the enormous growth potential in Queensland with a brand new office The Announcement: Stone Real Estate has announced its latest Queensland office, located in the Pine Rivers district of Warner, north-west of Central Brisbane. The office previously operated as family business Ward Real Estate, run by owners John and Sue…
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INDUSTRY NEWS
Brighton penthouse smashes the suburb’s price record
A new designer penthouse in Melbourne has set a suburb price record by millions of dollars.
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INDUSTRY NEWS
Affordable suburbs you can invest in now across Australia
Despite the recent boom in property prices across the country, there are still plenty of affordable options in our major capital cities according to an expert.
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INDUSTRY NEWS
CBA cuts variable rates again for new customers
The big banks continue to cut their variable rates for new customers, in a bid to win more business.
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INDUSTRY NEWS
“Rough” conditions for renters continue in August
Pressure on renters continued last month, with vacancy rates for apartments and houses at extremely low levels while asking rents kept rising.
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BTW
REIA launches campaign to axe stamp duty
The Real Estate Institute of Australia (REIA) President, Mr Hayden Groves has launched a new national and multi-year campaign with a clear objective: the phase out of stamp duty.
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COMMERCIAL
Overseas investors vying for Sydney’s Tech Central
Overseas investors are among the front runners vying for a slice of Sydney’s new big-ticket technology precincts.
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BTW
Professional sportspeople turned real estate professionals at Knight Frank
Several professional sportspeople have joined Knight Frank this year with a mutually beneficial relationship established between the recruits and the commercial property consultancy.
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INDUSTRY NEWS
RBA has “little choice” but to hike rates in September
he Reserve Bank of Australia appears set to hike the official cash rate at the September meeting with consistently high inflation leaving them with “little choice”.
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BTW
New state CEO for Harcourts Western Australia
Shane Kempton with bring a special set of skills to his new role, which include working on mindset and mental conditioning, empowering people to become more internally driven, fulfilled and capable of handling any ritual external to them. The Announcement: Shane Kempton has been announced as the new State CEO of Harcourts Western Australia. “It’s great to welcome him back into blue,”…
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BTW
New RE/MAX hot air balloon to fly Sunshine Coast skies
The hot air balloon is an initiative of the Sunshine Coast’s three RE/MAX real estate businesses – RE/MAX First in Caloundra, RE/MAX Property Sales in Nambour and RE/MAX Hinterland in Maleny. The Announcement: Heralding in spring in Queensland, Sunshine Coast Ballooning and RE/MAX Australia introduced the Sunshine Coast RE/MAX hot air balloon with a live radio broadcast from Sunshine Coast Stadium on…
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INDUSTRY NEWS
Perth property prices a mixed bag in August
Despite Perth property prices officially falling in August, 56 suburbs were able to buck the trend.
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INDUSTRY NEWS
Housing loan commitments fall in July
The impact of consecutive interest rate rises has caused owner-occupiers and investors to shy away from the property sector, with the value of new loan commitments falling 8.5 per cent in July.
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BTW
Combined Franchise Services expands training program
The Complete Salesperson course will set Century 21 and Better Homes and Gardens Real Estate agents up for success in today’s changing market and for the future. The Announcement: Combined Franchise Services, which operates Century 21 as well as Better Homes and Gardens Real Estate, is proud to announce that it has partnered with Lee Woodward and Realtair to bring…
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BTW
Belle Property is back on The Block in 2022
High-performing Daylesford sales duo Natalie and Ashlee were thrilled to be chosen to represent Tom and Sarah-Jane, which also gives them the opportunity to showcase their region to a wider audience. The Announcement: Belle Property is excited to be returning to The Block again this year, representing House 1 for contestants Tom and Sarah-Jane in this year’s ’Tree Change’ season…
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FRANCHISE NEWS
The Agency expands Sydney footprint into Rosebery
The Agency today announced the expansion of its Sydney footprint with respected Rosebery agent Chris Skarlatos joining the team.
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FRANCHISE NEWS
Kay & Burton bolsters leadership ranks with three senior appointments
Kay & Burton is celebrating the start of the spring selling season with a suite of new senior appointments.
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Real Estate Agent Events
Explore Property embraces strengths at its “best Exploration Day yet”
The Explore Property network held its annual conference Exploration Day in Brisbane on August 25.
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Celebrity Homes
Celebrity escapes you can enjoy for a night or two
If you’ve ever dreamt of living like a celebrity, now you can, with a range of stars' former abodes available on Airbnb.
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INDUSTRY NEWS
Perth property continues to grow in value in 2022
Perth has so far been able to buck the slowing property market in 2022, with 29 suburbs seeing double-digit growth.
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BTW
Hockingstuart expands footprint in regional Victoria with opening of Warragul office
The Quirk family is excited about joining Hockingstuart, having long admired the brand and its values of personalised service and expert local knowledge.
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