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INDUSTRY NEWS
RBA’s cash rate hold of 0.1 per cent will motivate Australians to look into refinancing
Mortgage Choice and Smartline CEO Susan Mitchell said the Reserve Bank of Australia's (RBA) decision to keep the nation's official cash rate on hold at 0.1 per cent will continue the increasing trend of refinancing.
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BTW
Construction Commences on $45 million Vantage Burleigh
Construction is underway on the $45 million residential project Vantage Burleigh on the Gold Coast.
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BTW
City buyers expected to spring at Stanwell Tops coastal escape
Ongoing lockdowns are seeing Sydney buyers consider a shift to the Northern Illawarra.
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NSW Real Estate News
Gavin Rubinstein says Luxe Listings Sydney has made his business ‘magnet of attraction’
Celebrity agent Gavin Rubinstein says he has been shocked by the tsunami of people who want to work with him since Luxe Listings Sydney aired on Amazon Prime in early July.
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INDUSTRY NEWS
Sydney homebuyers might have to find another $76,600 in the next 12 months
Experts in Finder's RBA Cash Rate Survey have estimated property prices are set to rise an additional 8 per cent by July 2022.
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BTW
Parramatta CBD to be enhanced by major development
A 47-storey office tower, which will result in the growth of Parramatta's commercial centre, has been given the green light to proceed to a design competition.
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INTERNATIONAL
Elara Technologies rebrands to REA India
Australian-based REA Group has partnered with Indian digital real estate portal operator Elara Technologies to unveil a new brand, REA India.
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APPOINTMENTS
Domain appoints new Chief Revenue Officer John Foong
Property marketplace Domain has announced the appointment of John Foong to the role of Chief Revenue Officer.
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FRANCHISE NEWS
Belle Property Paddington is set for a spring spruce up
Belle Property Paddington just out of Brisbane's CBD, is set for a spring makeover with a relocation to new premises next month.
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CONTRIBUTORS
How the spring selling season is shaping up: Mathew Tiller
LJ Hooker head of research Mathew Tiller has revealed how restrictions will impact Spring selling and what to expect next year.
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SUPPLIER NEWS
Openn USA has appointed their new Director of Operations
Australian PropTech company, Openn Negotiation, has announced a significant update to the progress of their international pilot program, Openn USA.
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BTW
Radio personality Jo Lynch leaves the airwaves for real estate career with LJ Hooker
Gold Coast radio presenter, Jo Lynch, has joined LJ Hooker Coolangatta | Tweed as a sales and marketing specialist.
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BTW
Construction loans continue to fall in July
The majority of HomeBuilder projects have now finished, resulting in the number of construction loans falling in July, but it still remains above pre-COVID levels.
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INDUSTRY NEWS
Vast majority of experts say vaccine passports are an economic necessity
Vaccine passports will be an essential tool for economic recovery, according to experts in a new poll from Finder.
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Real Estate News
Independent Surfers Paradise specialist Sam Mansy embraces @Realty OASIS
Award-winning Surfers Paradise specialist Sam Mansy has explained how @realty’s support model for independent agencies gave him the confidence to forge his own path.
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FRANCHISE NEWS
Record breaking month for Brian Whiteman’s The Agency Central Coast team
The Agency's Brian Whiteman and his Central Coast team have closed in on over $1 million in gross commission income (GCI) for the month of August, becoming the top performers in the region.
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Elite Agent
Six strategies for businesses to recover quickly after lockdown
Corporate Travel Australia general manager Tom Walley revealed any business can be developing plans now to capitalise on opportunities that arise when they can trade freely.
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Real Estate News
Rent Roll Starter launches new social media marketing training program
Rent Roll Starter has launched a free social media marketing-focused training event called The Social Summit.
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BTW
Homeowners can now receive digital property appraisals within minutes
Raine & Horne have launched a new digital property appraisal platform, wanting to create a safer and more environmental option
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BTW
Fifth generation family continues Chippendale Group legacy with new Palm Beach project
The Gold Coast's Palm Beach has a been a hotspot for developments in recent years. This fifth generation development group, Chippendale, has continued their family legacy through their latest development in the popular area.
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Real Estate News
REA Group expands LivePreso partnership to include commercial and developer sales
REA Group has partnered with automated digital content platform LivePreso to include commercial and developer team opportunities
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SUPPLIER NEWS
Married couple Kass and Peter Livesey launch their own Sunshine Coast agency
Kass and Peter Livesey wanted what’s best for their family. They just opened Sunshine Coast’s newest agency, Livesey Property Co in Tewantin.
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BTW
Brisbane agency makes the switch to LJ Hooker
LJ Hooker has opened the doors to their new Clayfield office with Tony Cicchiello leading the agency. The Announcement: LJ Hooker has further expanded its network in Brisbane with the opening of LJ Hooker Clayfield. The experienced team of real estate specialists recently made the move from Ray White after 31 years. Industry veteran Tony Cicchiello, who is deeply ingrained…
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VIC Real Estate News
Melbourne’s student housing reduced to “skeleton skyscrapers” amid international border closures
Border closures that stopped thousands of international students studying at Australian universities, has reportedly caused entire buildings to remain vacant, impacted on small businesses, and left self-funded retirees worried about how they will pay their mortgages.
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BTW
Social housing will become a timebomb without a Federal Government fix
Australia is facing a significant social housing shortfall. The Announcement: Australia faces a social housing timebomb, with a looming shortfall of almost 200,000 homes by 2031 unless the Federal Government begins investing now. A report released today by Compass Housing Services finds state governments have limited capacity to house the people on their respective waiting lists and no capacity to cater…
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ACT Real Estate News
Hangover from previous rental assistance could render new initiatives inadequate
REIACT has tentatively welcomed the announcement of rental assistance incentives for both residential and commercial tenancies.
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INDUSTRY NEWS
How has the current housing market coped with lockdown compared to 2020?
The past year saw remarkable levels of adaption in the real estate sector, according to CoreLogic. But are we coping better than 2020?
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INDUSTRY NEWS
First-home buyers flee as property prices continue to surge
First home buyer numbers have plummeted over July as the housing affordability crisis continues, according to REIA president Adrian Kelly
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INDUSTRY NEWS
Lockdown not a predictor of low national vacancy rates
While national vacancy rates remain steadily low in August, capital cities have seen varying rates that are not always congruent with their lockdown status, according to Domain.
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APPOINTMENTS
Ray White Ashgrove welcomes new franchise owner Adam Downes
Real estate coach Adam Downes has just taken over the reins at Ray White Ashgrove. He has worked for the family group for the last eight years
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QLD Real Estate News
Cooley partner David Holmes wins REIQ auctioneering competition
Cooley partner David Holmes recently won the annual auctioneering competition held by the Real Estate Institute of Queesland (REIQ).
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SUPPLIER NEWS
REA Group announces Benny Button partnership for customers
A new wellbeing webinar series designed to help agents cope with pandemic-induced stress and consistent market disruption has been launched. REA Group has partnered with workplace mental health assistance provider Benny Button to develop the three-part webinar series, which focuses on wellbeing fundamentals, stress mastery and leading innovation. REA Group Chief Sales Officer Kul Singh said the series would be…
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BTW
Nerida Conisbee: Where can I find a luxury home?
Ray White chief economist Nerida Conisbee has summarised where most of the luxurious $3 million+ homes are being sold across Sydney, Melbourne and the Gold Coast. The announcement: Ray White Chief Economist Nerida Conisbee said she probably doesn’t need to tell you where to find an expensive home. However, Ray White’s most recent analysis into where the most $3 million…
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BTW
Seven Spring styling tips for your outdoor space
Property stylist and author Justine Wilson has revealed her top seven useful tips to revamp outdoor spaces in spring. The announcement: Spring has finally arrived! To kick off the season Justine Wilson, award-winning property stylist, author, and founder of Vault Interiors shares her top seven do it yourself Spring styling tips and tricks for the often-neglected outdoor spaces around the…
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BTW
Sherpa Property Group launches new Palm Beach project
Sherpa Property Group announced their new Gold Coast luxury project located in Palm Beach is nearly complete. The Announcement: The convergence of coastal living and contemporary luxury will soon be complete in the Gold Coast’s highly desirable enclave of Palm Beach as the market welcomes another Sherpa building. Developer Christie Leet’s Sherpa Property Group has launched its latest residential project…
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