-
INDUSTRY NEWS
Number of single women buying first home tipped to rise
REIA forecasted a rise in single women purchasing their first homes.
Read More » -
Real Estate News
How the COVID-19 pandemic will change the Australian housing landscape long-term
A drop in investor appetite for high-rise apartments and a push towards lifestyle-centric housing are just some of the trends the COVID-19 pandemic has accelerated, according to property experts. Many of these trends were already underway in the Australian economy, but the spread of COVID-19 created an economic bubble for many industries, which will likely hold strong for years to…
Read More » -
WA Real Estate News
Perth’s current property growth rate is almost twice as high as the previous cycle
Perth's market recovery is tracking at an average growth rate of 0.9 per cent per month, according to REIWA
Read More » -
Real Estate News
Rental market confidence is up but agents are concerned about rent roll and profitability margins
Australian property managers were surveyed to determine the true mood of the national rental market with the response overwhelmingly stating that while the market might be doing well, businesses are concerned by rent roll growth and profitability.Â
Read More » -
BTW
Justin Ferguson returns to the Lower North Shore property market
Justin Ferguson has announced his return to the Lower North Shore property market under his independent self-named agency.
Read More » -
QLD Real Estate News
How an career-ending injury motivated Johnathon Merton to pursue real estate
Former construction worker Johnathon Merton saw the silver lining in a life-changing injury, building a new life for himself as a successful regional salesperson and now owner of Merton Property Co. Mr Merton toyed with the idea of becoming an agent in his 20s but said, in hindsight, his younger self wasn’t ready. “I ran off with my tail between…
Read More » -
FRANCHISE NEWS
Returning Century 21 agent David To set to head the new Mascot office
Century 21 has proudly announced the opening of their newest office in Mascot, Sydney.
Read More » -
SUPPLIER NEWS
How proptech startup Sorted Services doubled its headcount amid the pandemic
Sorted Services, an Australian digital platform streamlining the property management lifecycle, has announced significant growth amidst a challenging macroeconomic environment.
Read More » -
BTW
NSW Government opens residential tenancy support payment applications for landlords
The New South Wales Government has opened applications for landlords to request assistance, if they have lowered the rent for lockdown-impacted tenants. The Announcement: Applications for the COVID-19 residential tenancy support payment are now open for landlords who reduce the rent for COVID-19 impacted tenants. The payment is capped at the rent reduction passed onto the tenants, or $1500, whichever is…
Read More » -
INDUSTRY NEWS
Dwelling values and sale volumes continue to rise across Australia but rental yield declines, says CoreLogic
CoreLogic has released their August insights, summarising Australian housing market data to the end of July 2021. They found the Australian housing market has continued to maintain the highest dwelling values since 2004, but quarterly values have started to gently decline, when compared to May 2021. Sales volumes also rose across Australia, both in regional and metro markets. Rental values…
Read More » -
BTW
Locked down areas are now allowed to reopen construction sites
Construction workers in eight local government areas (LGAs) of concern in New South Wales will now have the opportunity to return to work, as long as they are vaccinated.
Read More » -
National
REIA has urged the Australian Government to rethink their approach to sustainability in real estate
The Real Estate Institute of Australia (REIA) has called on the government to empower Australian consumers to adopt more 'sustainable and healthy' housing practices.
Read More » -
BTW
Raine & Horne lock in 12 new offices offices throughout New South Wales
Raine & Horne has acquired 12 new offices in New South Wales over the past few months amid continuing lockdowns.
Read More » -
INDUSTRY NEWS
Openn Negotiation announces their Excellence Awards winners
Australian real estate tech platform Openn Negotiation has virtually held their fourth annual awards night, announcing their 2021 Excellence Award winners. The night celebrated the agents and agencies achieving outstanding success using the digital sales platform, which recently listed on the ASX. Queensland agent Brad Scott, Principal of Smart Real Estate, was a stand-out winner this year. He received multiple…
Read More » -
INDUSTRY NEWS
The top regional Queensland suburbs for investment opportunities
Queensland boasts a huge array of regional locations that draw in house hunters from around the country, from hinterland towns to beachfront living.
Read More » -
APPOINTMENTS
Ray White Canberra welcomes Chris Dixon and Maree van Arkel to the team
Ray White Canberra has welcomed top agents and north Canberra specialists Chris Dixon and Maree van Arkel to their rapidly expanding group.
Read More » -
BTW
Little Projects plans exclusive boutique collection in Broadbeach
Developer Little Projects Co has disclosed plans for a boutique apartment complex on the Gold Coast, offering full floor apartments for a spacious living residence. The Announcement: Developer Little Projects Co has unveiled plans for a boutique residential apartment project set in the heart of Broadbeach which will reinvent owner-occupier residential design standards. In what is an exceptionally rare offering…
Read More » -
BTW
Infinity by Crown Group wins the Best Australia Apartment Complex award
Infinity by Crown Group has been awarded Best Australian Apartment Complex at the 2021 HIA Australian Housing Awards. The announcement: During a week of Olympic Gold wins for Australians, developer Crown Group has added to its own swag of industry accolades, winning the prestigious 2021 HIA-CSR Australian Housing Awards – Best Australian Apartment Complex for its $575million Infinity by Crown Group –…
Read More » -
Real Estate News
REIACT speaks out against proposed Residential Tenancies Act changes
The Real Estate Institute of the Australian Capital Territory (REIACT) has urged all landlords and tenants to speak up about proposed changes to the Residential Tenancies Act. REIACT CEO Michelle Tynan said the proposed changes to the Residential Tenancies Act (RTA) could have wide and damaging consequences for private rental stock numbers in the territory. “The minimum energy efficiency standards…
Read More » -
BTW
Report links tech adoption to business success
A CPA Australia Business Technology report has linked technology adoption to better business performance. The Announcement: Technology use is a major determinant of business success and is set to become more influential, according to a survey by one of the world’s largest professional accounting bodies, CPA Australia. “High growth businesses spend more time and resources on technology,” said Senior Manager…
Read More » -
BTW
Jellis Craig welcomes two new Non-Executive Directors to its board
Jellis Craig welcomes Kate Spargo and Peter Nankivell as non-executive directors to their board. The Announcement: Jellis Craig is pleased to welcome two new Non-Executive Directors to its board. The Director appointments come after a period of record growth and exciting developments for the brand, further highlighting its ambitious future and strength in the real estate industry. Kate Spargo and…
Read More » -
SUPPLIER NEWS
REA Group Australia reveals strong growth in their FY21 results
REA Group has announced positive end of financial year results, with their revenue of $928 million up by 13 per cent, and net profit of $318 million up by 18 per cent.
Read More » -
Real Estate News
Sydney’s CBD office market shows resilience amid lockdowns
The Property Council of Australia's latest Office Market Report has highlighted the resilience shown by the Sydney CBD office market.
Read More » -
Real Estate News
Openn Negotiation partners with RE/MAX Australia
Australian-listed PropTech company Openn Negotiation has signed a partnership agreement with real estate network RE/MAX Australia.  The partnership will support the adoption of Openn Negotiation as a sales method, enabling further growth of the platform through group agent training. There will also be a series of technical integrations with RE/MAX Australia’s own digital assets. The property data is set to…
Read More » -
BTW
First home buyers driving WA market recovery
State Government figures reveal almost $6 million in Home Buyers Assistance Account grants were paid out last financial year. The Announcement: First home buyers are driving the Western Australian market recovery, with data released from the WA Government revealing a near record $6 million dollars in Home Buyers Assistance Account (HBAA) grants was paid out last financial year. REIWA President…
Read More » -
BTW
AFL star kicks goals at Ray White Rural
Kangaroos champion Anthony Stevens has joined Ray White Rural Victoria after being appointed to the North Melbourne board. The Announcement: Ray White Rural has just welcomed Anthony Stevens to Australia’s largest family owned and led real estate network. The new rural property sales specialist at Ray White Rural Victoria is well known for navigating some of the largest rural property…
Read More » -
Real Estate News
REA Group named one of Australia’s best workplaces
REA Group has been named Australia’s fourth ‘Best Workplace for 2021’ by Great Place to Work. The REA Group was certified by Great Place to Work in June and was recognised as the fourth highest performing organisation with more than 1000 employees at a virtual event yesterday. The acknowledgement is two places higher than that achieved in 2019, when REA was…
Read More » -
Real Estate News
Podium aims to drive a texting revolution for local businesses in Australia
Communication and payments platform Podium has continued its international expansion, announcing its launch in Australia.
Read More » -
Real Estate News
New housing loan commitments are starting to wane
Australia’s strong property market is starting to settle down as economic concerns about lockdowns start to make an impact, new Australian Bureau of Statistics (ABS) data has shown. Real Estate Institute of Australia (REIA) President Adrian Kelly said housing loan commitments had fallen, but remained at an historically elevated level of $32.1 billion. “The latest figures show that the value…
Read More » -
BTW
Key acquisition for Lower North Shore agency
First National Real Estate, Hunters Hill, Gladesville, Ryde and North Ryde have announced the acquisition of Property Circle, an agency known for its property management services. The Announcement: First National Real Estate Hunters Hill Gladesville Ryde & North Ryde has consolidated an eleven-year trajectory of growth, today announcing its acquisition of Property Circle – an agency that has achieved local…
Read More » -
BTW
Demand for luxury Brisbane properties soars
Luxury riverfront properties are highly sought-after in Brisbane’s CBD, with some homes sold the day they are listed. The Announcement: Luxury riverfront properties continue to be in huge demand in Brisbane with a Toowong home selling within the first day of being listed for sale. It is the second time the house at 24 Glen Rd, Toowong has been sold…
Read More » -
BTW
Hard work pays off for top-performing agentsÂ
LJ Hooker agents across Australia and New Zealand are striving for excellence with many inducted into the Captain’s Club. The Announcement: A stellar year of sales has seen an unprecedented number of agents recognised for achieving record commissions for their office, some more than $1 million in annual GCI, across the LJ Hooker property network in Australia and New Zealand. …
Read More » -
INDUSTRY NEWS
Regional areas benefit from Sydney and Melbourne’s population exodus
Regional areas in New South Wales and Victoria have seen a huge spike in house sales as city residents move away from Sydney or Melbourne.
Read More » -
SUPPLIER NEWS
Property investors and homeowners are in danger of being underinsured
MCG Quantity Surveyors said Australian property owners are at immediate risk of a massive insurance blow.
Read More » -
INDUSTRY NEWS
RBA maintains flexible approach with continued cash rate hold
The Reserve Bank of Australia (RBA) has decided it will keep the nation's official cash rate on hold at 0.1 per cent.
Read More »