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INDUSTRY NEWS
Labor’s housing policies set to drive prices higher before boosting supply
Labor's election victory has put housing affordability at the centre of Australia's political agenda, with policies that experts say will initially drive prices higher before eventually increasing housing supply.
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Celebrity Homes
Winston Churchill’s first home hits London market
Winston Churchill's former Mayfair apartment has been listed for sale for the first time in a decade, offering history enthusiasts the chance to own a significant piece of British political heritage for £3.75M (AUD $7.13 million).
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INDUSTRY NEWS
Slowing inflation could mean a May rate cut is coming
Inflation has officially returned to the Reserve Bank of Australia's target band for the first time in over three years, setting the stage for a potential interest rate cut next month.
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INDUSTRY NEWS
Home prices reach new record high
Australian home prices have hit a new record high in April, with the national median price rising 0.20 per cent to reach $805,000, as regional areas continue to outpace capital cities in growth.
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Celebrity Homes
Mel Gibson’s old Adelaide villa hits the market
A landmark Queen Anne villa in Adelaide's prestigious Unley with ties to Hollywood star Mel Gibson has been listed for sale, boasting a blend of historic charm and modern amenities.
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Celebrity Homes
Kristen Bell’s ‘Nobody Wants This’ home hits the market
A Mediterranean-style Los Angeles home featured prominently in the Netflix series "Nobody Wants This" has been listed for sale at US$3.55 million following a recent price reduction.
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INDUSTRY NEWS
Western Australia has the strongest economy but Queensland’s rising
Western Australia has retained its position as Australia's best-performing economy for the second consecutive quarter, while Queensland has climbed to share second place.
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INDUSTRY NEWS
Industry faces critical anti-money laundering compliance deadline
Australia's real estate industry must prepare for significant regulatory changes as the government introduces mandatory anti-money laundering reforms with a fast-approaching deadline.
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INDUSTRY NEWS
Housing taxes and regulations hindering federal affordability measures
State government taxes and regulations are threatening to undermine federal efforts to improve housing affordability.
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Celebrity Homes
Jeff Bezos sells Seattle mansion for record-breaking US$63 million
Jeff Bezos has sold his waterfront Seattle-area mansion for US$63 million, setting a new record for the most expensive home sale in Washington state history.
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INDUSTRY NEWS
Sydney has the most unaffordable electorates
Sydney dominates the nation's housing affordability crisis, with 12 of Australia's 20 most unaffordable electorates located in the harbour city,
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Movers and Shakers
McGrath expands with new Coolum office on Sunshine Coast
Longstanding McGrath Principals Chris Pace and Damien Michael have opened a new office in Coolum, expanding their presence in one of the world's hottest housing markets.
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FRANCHISE NEWS
Lukas Pedder: From professional soccer to real estate in Mildura
Former professional soccer player Lukas Pedder has established a successful real estate business in Mildura since joining Area Specialist, growing from scratch to a team of five in less than two years.
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INDUSTRY NEWS
Retirement living reforms could unlock nearly 60,000 homes
Proposed reforms to retirement living policies could release almost 60,000 homes back into the Australian housing market, helping to address the nation's housing crisis.
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FRANCHISE NEWS
Rebecca Cuderman launches NGU Logan
Award-winning Queensland agent Rebecca Cuderman has launched her own business under the NGU Real Estate banner, opening the doors to NGU Logan with a strong foundation and ambitious growth plans.
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Celebrity Homes
Benny Blanco sells Chelsea condo below asking price
Music producer and songwriter Benny Blanco has sold his Chelsea apartment for US$3.6 million, nearly US$400,000 below the initial asking price of US$3.99 million.
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INDUSTRY NEWS
New Zealand housing market finds its feet
New Zealand's housing market has found some stability following recent interest rate cuts, though experts warn there may be pressure ahead from slowing migration and international trade tensions.
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FRANCHISE NEWS
Jodie Jacobson: from cancer survivor to real estate success
Jodie Jacobson survived breast cancer and then decided to chase her passion in real estate with Besser & Co.
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INDUSTRY NEWS
The ultra-rich hideaway you’ve never heard of
A tiny, secretive city in California has become a haven for billionaires and multi-millionaires seeking privacy, exclusivity and sprawling estates hidden behind gates and security guards.
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Celebrity Homes
Stately Buckinghamshire estate with Hollywood pedigree lists for $59M
A historic English estate with links to nobility, Hollywood royalty, and actual royalty has been listed for sale, offering a rare opportunity to own one of the UK’s most significant country homes with an equally grand price tag of £45 million.
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INDUSTRY NEWS
Easter break sees auction volumes plummet nationwide
Auction volumes dropped dramatically across Australia's capital cities due to the Easter holiday period, with scheduled auctions down 78.1 per cent compared to the previous week.
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INDUSTRY NEWS
More pain for tenants as rents re-accelerate
National rental prices have picked up pace in the first quarter of 2025, reversing the slowing trend observed late last year.
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INDUSTRY NEWS
Canadian real estate investment in US threatened by political tensions
Growing tensions between the United States and Canada are raising concerns about the future of billions in Canadian real estate investment flowing into American markets.
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INDUSTRY NEWS
US sellers optimistic about housing market despite high interest rates
Most homeowners looking to sell their properties this year are confident they will get their asking price or more, despite challenging market conditions.
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INDUSTRY NEWS
Retail sector poised for growth as investor confidence returns
The Australian retail property sector is showing strong signs of recovery with investment volumes rebounding and growth expected in 2025.
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Celebrity Homes
Comedian Celeste Barber sells her Central Coast home for $1.045 million
International comedian Celeste Barber and her husband Api Robin have sold their Central Coast home for $1.045 million, nearly doubling their initial investment after purchasing the property for $565,000 in 2014.
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INDUSTRY NEWS
Worldwide data centre market set to reach US$4 trillion by 2030
The worldwide data centre market is experiencing unprecedented growth, with projections indicating it will reach US$4 trillion by 2030, growing at a compound annual rate of 18 per cent.
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INDUSTRY NEWS
Australia facing GFC-level rental price hikes
Australia's rental market is experiencing price increases not seen since the Global Financial Crisis, with projections indicating more pain ahead for renters across the country.
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INDUSTRY NEWS
US real estate agents urged to diversify as TikTok faces uncertain future
TikTok has received a 75-day extension to comply with US regulations requiring the platform to either sell its operations or face a nationwide ban, creating uncertainty for real estate professionals who rely on the platform for marketing.
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Celebrity Homes
Iconic ‘Full House’ San Francisco home sells for US$6 million
The famous San Francisco home featured in the hit '90s sitcom "Full House" has changed hands for US$6 million, marking another chapter in the property's storied history.
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INDUSTRY NEWS
New listings surge in Sydney and Melbourne
Property listings across Australia have shown strong growth with national new listing volumes increasing 6.1 per cent in March compared to the same period last year, despite a slight monthly decline.
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INDUSTRY NEWS
Australian retail vacancy rates decline as market shows resilience
Australia's retail property market continues to strengthen with vacancy rates falling to 4.7 per cent in December 2024, down from 5.5 per cent a year earlier.
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INDUSTRY NEWS
Australian home values spike 39 per cent over five years
National home values have climbed 39.1 per cent over the past five years, adding approximately $230,000 to the median dwelling value despite falling short of previous boom periods.
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FRANCHISE NEWS
Michael Wood named The Agency Victoria GM of Sales
The Agency has appointed highly acclaimed real estate professional Michael Wood, as General Manager of Sales at The Agency Victoria in a hands on role leading the fast growing business.
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Celebrity Homes
Storybook cottage features doors from Peter Rabbit movie set
A charming country property in Kurrajong Hills has hit the market featuring the doors used in the set of the Peter Rabbit movie.
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