Rowan Crosby
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Real Estate Industry News
The hot new search term for homebuyers
The world has changed dramatically over the past 18 months and as a result, the types of homes people are wanting to buy has also seen a dramatic shift. According to realesate.com.au, the most popular search term is now ‘study’, indicating that many people are clearly changing the way they … …
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Real Estate Industry News
The world’s largest housing bubbles
Australian housing prices have been on a record run over the past 12 months, however, a new report suggests it’s nowhere near the biggest bubble in the world. …
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Celebrity Homes
Frank Sinatra’s mountain retreat returns to the market
The former home of legendary entertainer Frank Sinatra is on the market once again and already there is a flurry of interest in the exquisite desert getaway. The 7.5-acre estate in Palm Desert, California has been on and off the market for a number of years after and the property … …
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Real Estate Industry News
137 fines issued as NSW Fair Trading targets real estate compliance
NSW Fair Trading has been out in force in recent weeks, making sure agents are complying with legislation put in place to protect consumers. …
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Real Estate Industry News
Australian property is selling faster than ever
Demand for property across the country is higher than ever with the average days on market tumbling last month. …
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Real Estate Industry News
House prices in Australia and New Zealand growing at record pace
House prices across the planet are growing at a rapid rate, with both Australia and New Zealand some of the best performers in the last 12 months. …
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Real Estate Industry News
Herron Todd White names potential growth hotspots
For every Bondi Beach, there are dozens of other suburbs that don’t have the same notoriety, yet have the potential for incredible growth. Herron Todd White has compiled its list of ‘unsung hero hotspots’, which are suburbs that might not get as much attention as their famous neighbours, but are … …
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Celebrity Homes
Which celebrity has the most desirable home?
Everyone loves to peek inside the lives of famous celebrities and now a new study has identified which celebrity homes are the most desirable. …
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Selling and Marketing Property
Boosting exposure with innovative marketing
With listings and transactions taking a hit as a result of COVID-19, agents have increasingly been looking to more innovative marketing tactics to gain exposure for their properties. Collings Real Estate‘s leading sales agent Christian Gravias has been successfully implementing a range of unique marketing strategies that have proven highly … …
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Real Estate Industry News
Where are the latest home renovation hotspots?
On the back of the new Federal Government HomeBuilder package, property valuation group Herron Todd White has taken a look at the areas in each Australian capital city that are leading the way with renovations. The new HomeBuilder package gives $25,000 to renovators who are looking at spending over $150,000 … …
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Real Estate Industry News
Real Estate sector honoured in Queen’s Birthday list
The Queen’s Birthday honour roll has seen some of the property sector’s most notable names honoured, along with a host of other famous Australians and New Zealanders. In total, 993 Aussie’s were congratulated by the Queen in her annual Queen’s Birthday Honours. A number of real estate agents and business … …
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Real Estate Industry News
The RBA leaves rates on hold in June
The RBA has elected to keep the cash rate on hold at the record low level of 0.25 per cent. At its June meeting on Tuesday, the board decided to continue with a wait and see approach which was in line with what most analysts had been expecting. The RBA … …
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Real Estate Industry News
Property prices remain ‘resilient’ in May despite lockdown
Property prices across Australia’s capital cities have fallen for the first time since June last year. Against the backdrop of wide-ranging shutdowns, the latest data from CoreLogic has shown the combined capital cities have fallen by 0.5 per cent in May. The results around the country were mixed, with Adelaide, … …
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Real Estate Industry News
Tassie tops regional market as WA outlook improves
The housing market in Tasmania has been the strongest performer across the entire country over the last five years – and the trend has not just been limited to Hobart. According to CoreLogic‘s quarterly regional review, which looks at capital growth over the year to April, Launceston and the North … …
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Real Estate Industry News
How property markets are responding to COVID-19 according to Herron Todd White
The COVID-19 crisis has thrown the national economy into turmoil, while property markets are still clearly trying to digest what it all means. Leading valuers Herron Todd White (HTW) have tabled their thoughts on what each state is facing and what might lie ahead for the nation’s residential property markets. … …
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Real Estate Industry News
RBA keeps interest rates at record-low 0.25 per cent
With the Australian economy still feeling the full impact of social distancing measures, the RBA has made the decision to leave interest at a record-low 0.25 per cent. The RBA made two rate cuts in March, including an emergency cut that saw the official cash rate fall to its lowest … …
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Real Estate Industry News
House prices remain steady as transactions slow
Despite the nation-wide shutdown that has made life tough-going for most real estate agents, house prices have remained stable throughout April. According to the latest data from CoreLogic, house prices nationwide ticked higher, up 0.3 per cent. House prices in Sydney increased by 0.4 per cent, however, values did ease … …
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Real Estate Industry News
Airbnb on shaky ground amidst COVID-19 crackdown
Short-stay accommodation platform Airbnb continues to find itself in the firing line of social distancing measures which come on the back of new changes to strata laws in NSW being rolled out this week. Under the new coronavirus regulations, people should be staying at their own accommodation. Exemptions are in … …
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Real Estate Industry News
The RBA Leaves the Cash Rate on Hold at 0.25 per cent
At its monthly meeting today, the RBA has decided to leave the cash rate on hold at 0.25 per cent. The move that was widely tipped by analysts will see the cash rate remain at historic lows for the foreseeable future. In mid-March, the RBA held its first emergency meeting … …
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Real Estate Industry News
House price growth begins to slow
Despite the unprecedented social distancing measures put in place to stop the spread of the coronavirus, home values across the country pushed higher in March. According to the latest data from CoreLogic, prices rose by 1.1 per cent in Sydney, 0.4 per cent in Melbourne, 0.6 per cent in Brisbane … …
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Elite Agent
7 best practices for managing a remote team
Like it or not, we’re all going to be working from home for a while. If you don’t need to communicate with anyone or anything on the outside world that’s great. But the reality is for most people, particularly people in real estate, this period will be a steep learning … …
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Real Estate Industry News
Coronavirus fallout prompts RBA to slash rates
The RBA has officially cut interest rates to their lowest level on record in the fight against the economic fallout from the coronavirus. In an emergency meeting yesterday, the RBA reduced the official cash rate to 0.25 per cent down from 0.5 per cent. The RBA has only recently cut … …
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Real Estate Industry News
Expats set to lose their CGT exemption
Australian residents living overseas will now lose the capital gains tax (CGT) exemption on their family home after new laws were passed by Parliament. The new changes mean that foreign residents who don’t file income taxes will now be forced to pay capital gains tax when they choose to sell … …
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Real Estate Industry News
Airbnb promotes party prevention
Short-term rental platform Airbnb is encouraging its hosts to use third-party surveillance devices in a bid to cut down on disruptive behaviour. Airbnb came under fire last year for incidents in the US where guests have damaged properties and thrown wild parties – and now the company is taking a … …
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Real Estate Industry News
Coronavirus fears force the RBA to cut rates to 0.5%
Fears that the coronavirus will weigh on both the local and global economies has forced the RBA to slash the official cash rate by 25 basis points to 0.5 per cent. The RBA made the decision to cut interest rates to a record low level in what is the fourth … …
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Real Estate Industry News
House price rebound continues with new highs in sight
House prices across the country have continued to grow in value in February, with Sydney and Melbourne again the strongest markets in the country. According to the latest data from CoreLogic, median house prices across the combined capital cities jumped 1.2 per cent in February. Again it was Australia’s two … …
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Sponsored Content
Relationships in real estate in an era of PropTech
Over the last decade, PropTech has been changing the way the real estate industry operates, but at its core, property is about people. It’s always been said that real estate is a relationships business and even with the influx of PropTech firms that make transactions both easier and more transparent, … …
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Real Estate Industry News
Stamp duty labelled ‘government addiction’ as industry calls for reform
Calls for changes to stamp duty are starting to grow stronger after New South Wales Treasurer Dominic Perrottet put the federal government on notice to act on tax reforms. In a recently released report, an independent panel appointed by the NSW Treasurer looked at how NSW and the Commonwealth could … …
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Real Estate Industry News
Property price optimism rising in capitals as regions feel the strain
Record low interest rates have helped boost the level of financial comfort for many Australians who reside in our capital cities, as a rebound in property prices improves sentiment. However, the gap with those in regional areas continues to grow, according to ME Bank’s latest Household Financial Comfort Index. Australians … …
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Elite Agent
The most popular keywords to sell a listing
When agents list a property on a real estate portal do the words used make a difference when trying to make the sale? Are these keywords designed to impress the potential buyer or should they be targeted towards what a buyer actually wants? Well, it turns out these questions have … …
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Elite Agent
7 tips to launching your own proptech startup
Proptech is a word on everyone’s lips and no doubt will change the way the property industry operates. Since 2011, there has been over USD$300 million in funding invested into Australian real estate technology, according to a report from Unissu, which highlights just how big the sector is becoming. Proptech … …
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Real Estate Industry News
RBA Governor backs low interest rates but warns over house prices
In his first speech of 2020, RBA Governor Phillip Lowe has reiterated that interest rates will likely remain low for an extended period of time while cautioning on their impact on house prices. Speaking at the National Press Club, Dr Lowe came out strongly by suggesting three interest rate cuts … …
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Real Estate Industry News
RBA leaves rates on hold at 0.75 per cent for February
The Reserve Bank of Australia (RBA) has left the cash rate on hold at 0.75 per cent at its February meeting, in what was a decision that was widely expected by the market. Over the past few weeks, economic data has been on the improve and that has made a … …
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National
House price rally continues in January
House prices started the year in the same fashion as they ended 2019, rising across every capital city in Australia. According to the latest data from CoreLogic, the combined capital cities grew by 0.9 per cent in January, taking the quarterly gain to 4.2 per cent. Once again it was Sydney (up 1.1 per cent)… …
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Real Estate Industry News
New Real Estate Portal Zango Launches in Canberra
A new listing portal focused on the Canberra property market is getting set to launch in a bid to change the way locals view real estate. Zango has been developed in collaboration with a group of local real estate agents in Canberra, who were wanting to create a wholly-owned local platform. Zango will focus on… …
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