Rowan Crosby
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Celebrity Homes
Pete Davidson selling his Staten Island condo
Comedian Pete Davidson is looking to offload the Staten Island condo he owned while dating some of Hollywood’s biggest names, including Kim Kardashian. …
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INDUSTRY NEWS
Tough conditions for mortgaged New Zealand investors
Homeowners across New Zealand who own multiple mortgaged properties face tough buying conditions as regulations and higher interest rates make it harder to purchase homes. …
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COMMERCIAL
Commercial property in regional Australia to outperform
Commercial property in regional Australia is set to benefit from the changing demographics experienced during Covid with Queensland likely to be the big winner according to a new report. …
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Celebrity Homes
Hedge fund executive relists mansion with the lot
Hedge fund executive and bitcoin investor, Jeffrey Feinberg is reattempting to sell his LA mansion for US$43 million. …
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INDUSTRY NEWS
Adelaide and Brisbane to be the strongest performers in 2023
The smaller capital city markets of Adelaide and Brisbane are set to be the top-performing property markets of 2023 according to a new report. …
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INDUSTRY NEWS
Auction clearance rates hit a seventh-month high
Auction clearance rates have bounced back to a seventh-month high as vendors are now more prepared to meet the market according to a new report. …
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INDUSTRY NEWS
First-home buyers choosing pets over family
First-home buyers would rather have more space for a pet than be close to their family according to new research. …
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INDUSTRY NEWS
New home lending falls to lowest level in three years
New home lending has fallen to the lowest level in three years as industry experts believe it's time for the RBA to stop hiking interest rates. …
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INDUSTRY NEWS
Auction volumes drop across Sydney in November but sentiment starting to change
Sydney auction volumes have halved compared to this time last year as uncertain vendors have moved across to private treaty sales according to an expert. …
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Celebrity Homes
Mark Wahlberg relists Beverly Park mega-mansion at a lower price
Mark Wahlberg has relisted his luxury Beverly Park mansion and is looking at taking a US$8 million haircut in the process. …
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INDUSTRY NEWS
Cash rate expected to rise again on Tuesday
The odds of another cash rate rise at this month’s Reserve Bank of Australia (RBA) meeting remain high, with 88 per cent of experts tipping another hike is on the cards. …
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INDUSTRY NEWS
Vacancy rates hold steady in November
Vacancy rates across the country remain at record low levels, holding steady at 0.8 per cent according to Domain. …
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WEIRD AND WONDERFUL
First metaverse residential skyscraper takes shape
The first metaverse residential skyscraper is officially under construction as virtual real estate continues to grow in popularity. …
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Celebrity Homes
Steph Curry quietly sells mansion for $31 million
NBA superstar, Steph Curry has quietly offloaded his California “dream home”, for US$31.2 million. According to The Dirt, Singapore-based Chinese billionaire Forrest Li was the buyer, paying just US$150,000 more than the Golden State Warriors point guard spent on the mansion a little over three years ago. The contemporary stucco and glass structure sits on more than an acre of land and is hidden behind large gates in the Silicon Valley hotspot of Atherton. …
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INDUSTRY NEWS
Record low rental affordability puts low-income earners under severe rental stress
Surging rents and low vacancy rates are putting an increasing number of households under rental stress, with low-income earners the hardest hit according to a new report. …
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INDUSTRY NEWS
Home prices fell in November as rates pressure buyers
Interest rate pressure is contributing to the “downward trend” in home prices, with new data showing values declined again last month. …
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COMMERCIAL
Long-term commercial investments still performing well
Despite rising interest rates and slowing growth in 2022, commercial property has continued to perform strongly over a long period of time according to an expert. …
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Celebrity Homes
Country star Kacey Musgraves sells Nashville home for $2.5 million
Country music singer Kacey Musgraves has officially sold her chic Nashville pad to fellow musician Kelsea Ballerini. According to architecturaldigest.com, Ballerini paid US$2.5 million for the four-bedroom, three-bathroom traditional-style house. The private home boasts 324sq m of internal living space and is surrounded by a forest of greenery and sits at the end of a long driveway. The singer hired interior designer Lindsay Rhodes to transform the home to incorporate Musgraves’s eclectic collection of secondhand furniture and decor. …
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INDUSTRY NEWS
Otago named Australia’s most family-friendly suburb
It’s getting easier for homebuyers to get into family-friendly suburbs as more stock comes onto the market according to new research. …
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INDUSTRY NEWS
Prime residential price growth to slow in 2023
Prime residential property prices in Sydney and Melbourne are expected to remain flat next year, after performing well in 2022, according to a new report. …
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INDUSTRY NEWS
Unit growth falls into negative territory
Annual growth for units across the country has slipped into negative territory, with values down 1.4 per cent compared to this time last year, according to CoreLogic. …
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WEIRD AND WONDERFUL
A technicolour butterfly house on the market in California
A psychedelic home that was designed for a woman who was losing her eyesight is officially on the market in …
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Celebrity Homes
Chris Martin set to build lavish new Malibu home
Coldplay frontman, Chris Martin is finally getting set to build his long-planned luxury residence in Malibu, nearly a decade after purchasing an oceanview home that he planned to knock down and rebuild. …
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INDUSTRY NEWS
Tenancy law reforms haven’t stopped investors
Tenancy law reforms in NSW and Victoria have only had a small impact on landlords’ decisions to purchase or sell rental properties according to new research. …
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INDUSTRY NEWS
Renters now need to work six hours more to pay rent than before the pandemic
Rising rents are forcing US tenants to work more than six extra hours per week, just to afford the same property compared to prior to the pandemic. …
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Celebrity Homes
The Hollywood starlet home where Marilyn Monroe once lived is on the market
The Hollywood home that once housed young starlets including Greta Garbo, Marlene Deitrich and Marilyn Monroe is up for sale for US$899,000. …
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SUPPLIER NEWS
Properties selling faster than prior to the pandemic
Despite overall demand slowing down since the peak of the boom, properties across the country are still selling faster than they were before the pandemic, according to new data. …
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INDUSTRY NEWS
Vendors slash asking prices as selling conditions get tougher
Some vendors across Sydney are cutting their asking prices by as much as $800,000 as the market continues to shift. …
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INDUSTRY NEWS
Rental growth to continue to underpin commercial property
Strong rental growth will help mitigate the impact of rising interest rates on commercial property according to a new report. …
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INDUSTRY NEWS
More land is required to build one million new homes
The government will need to release more land if they’re to meet their goal of building one million new homes in five years according to experts. …
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INDUSTRY NEWS
Property values have soared in the past 20 years while rents lag
House prices across Australia have more than doubled in the past 20 years, however, rents have not been able to keep pace with soaring values. …
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Celebrity Homes
AFL star Lance ‘Buddy’ Franklin lists luxury Rose Bay home
Sydney Swans forward Lance Franklin and his wife Jesinta are selling their luxury Rose Bay home with a price guide of $5 – 5.5 million. …
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INDUSTRY NEWS
Fixed-rate mortgages could hit 7 per cent in New Zealand
One-year fixed-rate mortgages could surge as high as 7 per cent in the coming months putting even more pressure on New Zealand property prices according to an expert. …
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Celebrity Homes
Former Gucci CEO lists Manhattan penthouse for $5.75 million
Luxury fashion executive turned Broadway and film producer Mark Lee is officially looking to offload his Manhattan penthouse for US$5.75 million. …
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FRANCHISE NEWS
Property managers upskill with new investment portfolio manager course
Laing+Simmons is officially celebrating the first batch of graduates to complete its Investment Portfolio Manager course aimed at upskilling property managers. …
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