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BTW
Raine & Horne knights Newcastle with CBD office as fast trains beckon
Raine & Horne has added an office in Hunter Street Newcastle as talk of a fast train service between Sydney and Newcastle gains speed.
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INDUSTRY NEWS
Australia is the 13th strongest property market in the world
A number of Australia’s major cities have featured in the global list of best-performing housing markets over the past 12 months.
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BTW
Raine & Horne Chairman welcomes Blue Mountains tunnel
Long term advocate for a Blue Mountains tunnel, Angus Raine, Executive Chairman, Raine & Horne, has welcomed the confirmation this week by the NSW Government that an 11km toll-free tunnel from Blackheath to Little Hartley has the green light.
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INDUSTRY NEWS
Rents and mortgage repayments to keep rising
Rents and mortgage repayments are expected to continue to rise over the next 12 months, putting more pressure on households already struggling with the high cost of living.
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INDUSTRY NEWS
Lenders have been quick to pass on interest rate hikes
Following the first cash rate hike in over a decade, lenders have been quick to pass on the rate rise to borrowers, with 95 per cent of lenders raising interest rates 0.25 per cent according to Canstar.
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INDUSTRY NEWS
Queensland property market defying the downturn
he Queensland property market is still experiencing 'healthy growth' and is continuing to defy the downturn seen elsewhere, according to the Real Estate Institute of Queensland (REIQ).
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BTW
RE/MAX has history in Kenmore
One of Australia's most awarded real estate offices, RE/MAX Profile, has relocated to where it all started - Kenmore, the home of Australia's first RE/MAX office.
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BTW
Knight Frank appoints new Chief Financial Officer
Jamie Harding has been appointed to the position of Chief Financial Controller at Knight Frank.
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INDUSTRY NEWS
Perth prices rise as the market outperforms Sydney and Melbourne
Home prices across Perth have continued their rise, increasing 0.6 per cent in May according to new data from CoreLogic.
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INDUSTRY NEWS
Barellan Point is Australia’s top family housing market
Barellan Point in regional Queensland has been named the top housing market for families according to new research.
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FRANCHISE NEWS
Top Bayside agent Tracy Tian Belcher joins The Agency
High-profile agent Tracy Tian Belcher has joined The Agency as a property partner in the brand's Victoria team.
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BTW
Max Brown appoints new general manager
Max Brown Real Estate Group has appointed Gary Dans as its new General Manager.
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INDUSTRY NEWS
Dubbo Council looking to undertake 3D house printing trial
The Dubbo Regional Council is moving forward with a proposed trial of 3D printed houses to potentially help ease the lack of supply of homes in the region.
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INDUSTRY NEWS
Cash poor Australian households look to downsize
After two years where Australians were scrambling for larger homes, a new survey has found one in eight are now looking to downsize as higher living costs start to bite.
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FRANCHISE NEWS
Massive growth for Boettchers Estate Agents
Future looks bright for Boettchers Estate Agents after achieving 708% growth in their first 12 months!
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Celebrity Homes
The house that inspired The Conjuring movies sells
The Rhode Island farmhouse made famous by the horror movie franchise The Conjuring has sold to a buyer who wants to use the property to help others “connect with spirits”. According to Inman, the home, which dates back to approximately 1736, sold for US$1.525 million – well above its US$1.2 million asking price. The one caveat with the sale of…
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BTW
Time to get to work on housing plan, says REIA
REIA will today outline the critical success factors and key next steps that must be taken to ensure the National Plan for Housing and Homelessness has the right outcome.
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FRANCHISE NEWS
RE/MAX continues its push into Upper North Shore market
RE/MAX Lead has opened in Roseville this week under ownership of experienced business owners Tom Leng and Carrie Chen.
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INDUSTRY NEWS
Unprecedented demand for industrial property pushing up prices
Record demand for industrial space has continued to put upward pressure on rents and property values with the trend expected to continue.
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WEIRD AND WONDERFUL
Gucci and Oura collaborate on smart ring
High-end luxury fashion house Gucci has moved into the health and wellness sector, partnering with Oura to collaborate on a smart ring designed to help the wearer ‘discover themselves’. Designed by Finnish health-technology company Oura Health the Oura Ring tracks the users sleep, activity, heart rate and temperature with science-backed insights. Now Oura has collaborated with Gucci to create an…
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BTW
Belle Property expands its Adelaide footprint to West Lakes
Belle Property is making further inroads into the Adelaide market with the opening of its latest office in West Lakes on 1 June.
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INDUSTRY NEWS
Home prices fell in May as interest rates rose
Home prices across the country fell for the first time since the start of the pandemic just as homeowners saw the first RBA rate rise in over a decade.
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BTW
Laing+Simmons Lithgow opens with experienced local team
Under the leadership of high-profile local real estate identity Graham Hodson, a new Laing+Simmons office opens this week in Lithgow in a further boost to the brand’s growing regional network.
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BTW
DiJones reimagines wellbeing with Sonder partnership
DiJones is unlocking more for its team and their families by partnering with Sonder to provide safety, wellbeing and mental health support.
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Celebrity Homes
Sharon Stone’s former mansion hits the market for $39 million
The Sea Cliff Italianate-Victorian mansion previously owned by movie star Sharon Stone is back on the market with an asking price of US$39 million.
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FRANCHISE NEWS
Harcourts paints the Gold Coast blue
Harcourts agents, business owners, administrators, property managers and support teams have descended upon the Gold Coast for the annual HX Conference, the first in-person to be held since COVID-19.
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BTW
OBrien Real Estate opens new office in Ringwood
The OBrien Real Estate name reaches new suburbs with the addition of a new Ringwood office and their dynamic team.
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APPOINTMENTS
X Commercial secures industry expert Darron Levin
X Commercial has secured a key signing for its agency and launched a new subdivision called X Commercial Capital as it continues its rapid growth trajectory. Darron Levin comes from Intera Group where he spent the past 10 years as general manager of property. He was instrumental in growing this into a billion-dollar institutional property company. Mr Levin has…
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INDUSTRY NEWS
The East Coast’s most affordable and liveable suburbs
Sydney and Melbourne are becoming opportune markets for buyers with a growing list of affordable suburbs according to a new report.
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INDUSTRY NEWS
Australian home ownership rates lowest on record
The proportion of Australians who own their own home continues to sit at record low levels, new data has revealed.
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BTW
Experience makes all the difference for Raine & Horne’s Network Manager
Network Manager Celeste Kopps is making a mark on Raine & Horne's office network across NSW.
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INDUSTRY NEWS
Auction numbers to bounce back after the Federal Election
Auction volumes are set to rise sharply this weekend following lower volumes last week as a result of the Federal election.
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INDUSTRY NEWS
Innovators join forces: Propps and Agents’Agency strike partnership
PropTech game changer Propps has joined forces with the Agents’Agency to empower the independent real estate network’s agents with its innovative digital offer management system, driving new efficiencies for its people while enhancing the buying and selling process for its customers.
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INDUSTRY NEWS
Cost of living pressures the leading concern for Australian voters
The cost of living, healthcare, and housing affordability are top of mind for Australians on the back of a Labor victory, according to new research.
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COMMERCIAL
Foreign buyers behind half of 2022 commercial property investment
More than half of all commercial property sales in 2022 have been to overseas buyers according to new data from Ray White Commercial.
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