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INDUSTRY NEWS
REIQ says rental reforms may hurt property owners
The Real Estate Institute of Queensland (REIQ) is concerned new rental reforms that were introduced this week hurt the rights of property owners.
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BTW
Property Council welcomes the end of hotel quarantine
The Property Council of Australia has backed the NSW Government's announcement that hotel quarantine will no longer be required for new and returning travellers who are fully vaccinated.
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BTW
Cunninghams brand refresh, QR code signboards and opening of Avalon office
Cunninghams have rolled out a brand refresh including QR code signboards and have recruited a team for their Avalon Beach office
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BTW
Leo Sun and Eric Wei launch Ray White Wolli Creek
With more than 12 years’ experience Mr Sun has partnered with a swiftly expanding group of Ray White offices and already hired multiple experienced agents. The Announcement: With extensive real estate experience and local knowledge, Leo Sun is set to take the real estate offering in Sydney’s Wolli Creek to the next level, since pairing with Australasia’s largest real estate…
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INDUSTRY NEWS
Demand for property reaches an all-time high
It appears that nothing can slow down the red hot property market as both demand and transaction numbers continue to skyrocket.
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INDUSTRY NEWS
New Zealand has more agents than homes for sale
The number of real estate agents across New Zealand has continued to grow over the past 12 months and the industry is doing its best to maintain high standards.
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INDUSTRY NEWS
The ‘rightsizing’ boom is putting pressure on luxury supply
Sales of luxury apartments are booming and there are growing concerns that supply is going to get increasingly tight.
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INDUSTRY NEWS
Hutly updates VicForms platform to boost productivity and data accuracy
Hot on the heels of Hutly's acquisition of Property Data last week, Hutly is today releasing an update to the VicForms platform that introduces a property-centric way of working with real estate contracts.
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INDUSTRY NEWS
Unit rents rise for the first time since before the pandemic
In what is another positive sign for the property market across the country, units rents have risen for the first time since the onset of COVID.
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BTW
Amy Kasler decides to call Ray White West Pennant Hills home
Award winning agent Amy Kasler has joined forces with Ray White Pennant Hills
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Celebrity Homes
Beyonce wears Tiffany diamond in $US42 million mansion
A spectacular Bel Air hilltop contemporary home, where Beyonce filmed the iconic Tiffany commercial is officially on the market.
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INDUSTRY NEWS
Victorian Government boosts build-to-rent scheme
The Victorian Government has announced the build-to-rent scheme has been expanded in a bid to encourage investors to build rental properties.
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INDUSTRY NEWS
The Perth suburbs where units are out performing houses
The Perth housing market has been gradually trending higher over the past 18 months and it now appears that the unit market also gaining momentum
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FRANCHISE NEWS
North Shore native Nick Separovich joins The Agency
The Agency has further cemented its position in Sydney’s prestigious North Shore with the addition of highly experienced and skilled agent Nick Separovich to the team.
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INDUSTRY NEWS
Property Vulnerability Index reveals NZ regions most at risk of downturn
The New Zealand property market has been one of the strongest in the world recently with house prices increasing 27.8 per cent in the past 12 months. However, the price increases have started to cause some issues with affordability and only last week the Reserve Bank of New Zealand (RBNZ) was the first major central bank to increase official interest…
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FRANCHISE NEWS
The @realty network grows with first agents in Tamworth
The growing @realty real estate network is taking on a country music flavour with its first recruits in the booming NSW town of Tamworth. Stuart Watts and Dee Plowman have joined @realty, establishing an office on the main street of the town, famous for its country music festival. Mr Watts said he left a real estate, state manager real estate…
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INDUSTRY NEWS
The top suburbs where there’s still room for price growth
It’s no secret the property market has been running hot in 2021, but according to buyer’s agency network, BuyersBuyers there are still opportunities for growth in the country’s top three markets.
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BTW
Top Sydney agent William Phillips joins McGrath Byron Bay in anticipation of out-of-area buyer surge
Top performing Sydney agent William Phillips has relocated to Byron Bay and has joined forces with McGraph Estate Agents. The Announcement: McGrath Estate Agents today announced that top Sydney agent William Phillips has relocated his family in his own sea change and brought forward his start date with McGrath Byron Bay, in preparation for an influx of out-of-area buyers as…
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Real Estate News
Homely launches Well Home Loans integration
Online real estate marketplace Homely.com.au has integrated online home loan provider, Well Home Loans, into its full-service real estate search.
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INDUSTRY NEWS
Openn joins REACH Canada class of 2022
Online property sales platform Openn has been selected to participate in the REACH Canada 2022 scale-up program.
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BTW
Pivotal Financial named Queensland brokerage of the year
Pivotal Financial was awarded Brokerage of the Year due to their expertise, integrity and exceptional customer service standards. The Announcement: Pivotal Financial, the finance arm for RE/MAX Australia, has claimed the honour of Brokerage of the Year > 5 staff in the Connective Excellence Awards for Queensland. “This is a huge achievement four years into our new brand and business,”…
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COMMERCIAL
Industrial and logistics real estate market tipped to skyrocket
Australia looks likely to be the major beneficiary of booming investment in the logistics and industrial real estate market, according to a new report by JLL..
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INDUSTRY NEWS
Value of Australian housing market surpasses $9.1 trillion
The value of the Australian housing market has increased more than $1 trillion in the past five months, hitting a new record of more than $9.1 trillion in September.
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BTW
Ray White Queensland shines with record September
Ray White Queensland has recorded stellar sales over the past month, with its market now sitting at almost $79 billion. The Announcement: With a “golden decade” on the horizon, the Ray White Queensland network has just achieved its best September yet. Ray White Queensland sold a total of $1.46 billion worth of property throughout the month, an increase of 58.6…
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INDUSTRY NEWS
Office occupancy rates call for CBD recovery
As lockdowns on the East Coast begin to wind back, there have been calls for workers and businesses to return to the hard-hit CBD.
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Celebrity Homes
L.A’s top celebrity home: Sinatra to Monroe and Mad Men
Southern California’s star-studded home, Farralone, was built for Chase Bank heiress-and-socialite Dora Hutchinson. A longtime home for Frank Sinatra and, according to legend, the site of JFK’s affair with Marilyn Monroe, it has been a film site for many films and television shows including Mad Men, Californication and Dreamgirls. Recently restored, it is for sale at US$21.5 million. In 1949, Hutchinson hired futuristic-architect William Pereira…
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FRANCHISE NEWS
Melbourne agent doubles GCI in 12 months during lockdown
Last year, Daniel Di Battista launched his business in Melbourne, the most locked down city in the world and 12 months later has doubled his GCI in his first year with UrbanX, completely exceeding his expectations.
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BTW
Lockdowns no barrier to surge in Sutherland Shire property prices
Managing Director of Highland Property Group David Highland has reported record results in The Sutherland Shire
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INDUSTRY NEWS
The top Sydney and Melbourne suburbs with potential for unit oversupply
Schofields, Gosford and Rouse Hill are among the top Sydney and NSW suburbs most at risk of unit oversupply and potentially poor metrics for landlords, new research has revealed.
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INDUSTRY NEWS
Home stretch: 1 in 3 Aussies would move if they could work from anywhere
As millions of Australian workers stretch into their fourth month of working-from-home, many have relocation on their minds, according to new research by Finder. A nationally representative survey of 678 Australian workers revealed that 33 per cent – or 4.3 million adults – would move homes if their employer announced that workers no longer needed to be onsite. Sarah Megginson, home…
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TECH + SOCIAL
Say hello to Astro: Amazon launches home robot
A nifty home robot that can detect a stranger in your house, check if you’ve left the stove on or bring you a drink may once have only been seen on The Jetsons, but not any longer. Amazon unveiled its home robot, affectionately named Astro, at its annual devices and services event last week, promising that the tiny, three-wheeled assistant…
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BTW
Angela Capitanio caps off 34 years with Ray White
The first Ray White salesperson in Queensland to achieve $100 million in residential sales, Angela Capitanio has celebrated 34 years with the company. The Announcement: The much-loved property doyenne of North Queensland, Angela Capitanio, has just celebrated 34 years with the Ray White Group. The name Angela Capitanio is synonymous with real estate in the Cairns region. During her long…
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BTW
RE/MAX adds two key corporate team members
RE/MAX appoints Chris Fox to its business growth team and Daniel Mumford as client engagement manager. The Announcement: RE/MAX Australia announced two strategic appointments this month with Chris Fox as the latest addition to its business growth team and Daniel Mumford as Client Engagement Manager. Managing Director Joel Davoren said the decision to offer the growth-focussed role to Mr Fox…
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FRANCHISE NEWS
Sunshine Coast agent uses OASIS to launch independent agency
When veteran real estate agent Greg Pratt was looking for the support he needed to set up a virtual, independent office on the Sunshine Coast, he went straight to @realty.
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Celebrity Homes
Joe Jonas and Sophie Turner sell in LA, buy in Miami
A-Listers Joe Jonas and wife, Sophie Turner, have sold their Encino, California estate, which they turned into one of Southern California’s most glamorous contemporary homes. Taking two years and the magic of celebrity-designer Jae Omar, the couple purchased the home in 2019 for US$14.1 million and listed it at US$16.75 million in June. It recently sold for US$15.2 million. Located in…
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