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BTW
Top performer opens doors in Darwin
One of Darwin's highest performing real estate agents, Andrew Harding, has partnered with Australasia's largest property group to take the next step in his career, opening Ray White Darwin.
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FRANCHISE NEWS
Snowy Mountains agents rebrand to start boutique agency
After a combined 25 years of experience in the real estate industry, husband and wife duo Peter and Joan Bird have decided to leave the traditional large-scale franchise model and launch their own brand with the help of Identity Marketing.
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INDUSTRY NEWS
Rising rents put pressure on desperate tenants
Tenants battling soaring rents and tight vacancy rates have turned to "desperate measures" in the struggle to find a home, while property managers are faced with testing conditions.
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FRANCHISE NEWS
Eview Group rebrands as Agents’Agency
Fifteen years after commencing as a single agency in Victoria, the Eview Group is set to embrace a new look and name as the network continues its rapid expansion across Australia.
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FRANCHISE NEWS
RE/MAX office opens in Flagstone
Leading RE/MAX business owner Melina MacNellie-Verrall had Flagstone, between Brisbane and the Gold Coast, targeted for her second real estate office since she joined the global real estate network in November 2020.
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FRANCHISE NEWS
Dynamic duo opens Better Homes and Gardens Real Estate in Glenmore Park
Better Homes and Gardens Real Estate is excited to announce its expansion to a new location in Glenmore Park, NSW.
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BTW
Familiar faces take the helm at Ray White Woodside
The new office will have a dynamic team of 24 staff members who are actively involved in the Adelaide Hills region. The Announcement: Two of Ray White’s leading South Australian offices have come together in an expansion set to change the real estate game in the Adelaide Hills region. The Ray White Mount Barker | Strathalbyn business has merged with…
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INDUSTRY NEWS
New listings drop during a disrupted April
Listings eased off during April as vendors hit the pause on sales campaigns with the Easter and Anzac Day public holidays causing interruptions, according to new data.
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BTW
Salvos honour REIWA with prestigious Others Award
REIWA’s Community REInvest program has donated more than $1 million to The Salvation Army, which has provided extensive support towards those experiencing homelessness. The Announcement: The Salvation Army honoured the Real Estate Institute of Western Australia with its prestigious Others Award during the launch of the 2022 Red Shield Appeal at Optus Stadium on Wednesday 11 May. The Salvos’ Others…
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INDUSTRY NEWS
NSW regional vacancy rates on the rise
New data from REINSW indicates record low vacancy rates across much of regional NSW are now starting to ease.
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FRANCHISE NEWS
The Agency raises $60k for cancer patients through Paul’s Great Shave
Paul Niardone will be feeling the cool winter air a little more this year after shaving off his lengthy beard to raise more than $60,000 to support cancer patients in Western Australia.
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INDUSTRY NEWS
Perth property prices hit a record high
Property prices across Perth have finally reached a new record high of $552,128, according to the latest data from CoreLogic.
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BTW
Ray White Macdonald Partners expands into East Gosford
The Macdonalds will bring in an operations manager, junior associates and new agents to the East Gosford business as they expand their presence on the Central Coast. The Announcement: After more than 40 years in operation servicing the region’s real estate requirements, the Macdonald family have expanded their leading Point Clare agency into East Gosford on the Central Coast of…
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FRANCHISE NEWS
Dreams become reality as George Real Estate launches in the Noosa Hinterland
A Sunshine Coast, husband-and-wife team has launched their own agency, George Real Estate, powered by UrbanX in the Noosa Hinterland.
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INDUSTRY NEWS
Demand for property falls in April
Demand for property eased in April with views-per-listings and sales both lower according to new data.
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INDUSTRY NEWS
First home buyer activity falls away in New Zealand
New Zealand's first home buyer activity has continued to decline as higher mortgage costs have started to have an impact according to a new report.
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BTW
Stockdale & Leggo announces sale to new owners
Stockdale & Leggo has announced a changing of the guard, with long-time owner Peter Thomas selling the business to son Ben Thomas and chief executive Charlotte Pascoe.
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INDUSTRY NEWS
The Australian suburbs that are primed for price growth
Campbells Creek in regional Victoria could be ripe for property price growth, as one of a number of locations that are set to buck the trend of a cooling market.
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Celebrity Homes
Ellen DeGeneres and Portia de Rossi sell Beverly Hills mansion to a neighbour
Ellen DeGeneres and Portia de Rossi have offloaded their Beverly Hills mansion to their next-door neighbour, just eight months after buying it.
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INDUSTRY NEWS
Rate hikes to impact borrow capacity
Rising interest rates could see average home buyers’ borrowing capacity fall by more than $150,000, according to new research.
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COMMERCIAL
Australian office investment set to surge in 2022
Investment in the Australian office market is set to surge this year, according to the latest research from valuer Knight Frank.
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BTW
Toukley agency signs with Harcourts Australia
A longstanding Toukley real estate office, with years of experience and local real estate knowledge, has rebranded to a Harcourts office.
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BTW
LJ Hooker Box Hill records $51 million in sales in its first month.
The office recorded seven sales in its first week with each transaction ranging between $3.85 million and $3.9 million. The Announcement: It has been a stellar start for LJ Hooker Box Hill – one of the real estate network’s newest offices – with a staggering $51 million worth of property sales and exchanges recorded in its first month of operation. …
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SUPPLIER NEWS
REA Group delivers a strong Q3 performance
REA Group has posted a strong third-quarter earnings result, buoyed by a booming property market as listings continued their post-COVID-19 recovery.
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INDUSTRY NEWS
Homely announces strategic partnership with National Property Group
Homely.com.au continues to redefine the way people buy, sell, rent and list property, with the integration of comprehensive property data for agents and consumers.
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INDUSTRY NEWS
Victorian Budget missed an opportunity on property tax reform
The Victorian Government has missed an opportunity to tackled property tax reform, according to a leading industry body.
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BTW
AREC Accelerate theme a winner
The Australasian Real Estate Conference (AREC), now in its 24th year, will draw upon 33 speakers from overseas and around Australia in an intensive program for residential sales and property management.
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BTW
Merger for three Belle Property Inner West offices
Principal Simon Furnari said the merger would cement the brand’s presence in the Inner West market, and pave the way for further expansion opportunities. The Announcement: Belle Property today announced the merger of three of its Inner Western Sydney offices, with Belle Property Concord joining forces with Belle Property Strathfield and Belle Property Homebush. Principal of Belle Property’s Strathfield and…
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BTW
Ray White projects division expands to meet rapid growth in Western Sydney
The end-to-end service will combine sales and marketing and use social and digital media to engage buyers. The Announcement: No market in Australia is undergoing the profound growth witnessed in Western Sydney today. With the population expected to grow by 1 million, or 46 per cent, over the next two decades, Western Sydney is one of the fastest-growing regions in…
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BTW
McGrath smashes the billion-dollar barrier in Sydney’s Greater West
The McGrath West offices reached the $1 billion milestone ahead of its June 30 target. The Announcement: McGrath West I North West I Hawkesbury Group has surpassed $1 billion in sales in its first 10 months since consolidating under the leadership of Group Principal, Kon Stathopoulos. The milestone was reached with the sale of 21 Arnett Street in Pendle Hill…
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INDUSTRY NEWS
Homeowners should expect more rate rises
Homeowners should be prepared for a series of rate hikes with experts tipping the official cash rate could rise to 2.6 per cent.
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INDUSTRY NEWS
Robust Queensland market to shake off rate rise
The Queensland property market is well positioned to handle this week's cash rate increase from the RBA according to the Real Estate Institute of Queensland (REIQ).
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BTW
New home lending remained strong in first quarter of 2022
Loans for the construction or purchase of new homes fell by 3.4 per cent in the first three months of 2022, compared to the previous quarter.
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INDUSTRY NEWS
NZ property market prices softened in April
The New Zealand property market has recorded a modest fall in April, the first decline since the initial COVID-enforced lockdown in August 2020.
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INDUSTRY NEWS
Perth prices continue to increase in April
The Perth property market has continued to see an uptick in prices since reopening its borders in February.
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