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INDUSTRY NEWS
Busselton leads the way for regional price growth in WA
The coastal community of Busselton in Western Australia’s South West was the top-performing regional centre for the December 2023 quarter according to new data.
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INDUSTRY NEWS
Hotel room rates surge as Taylor Swift fever takes hold
Tourism assets are seeing a resurgence with a string of big-name artists including Taylor Swift and high-profile sporting events helping boost room rates across the country.
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INDUSTRY NEWS
Ray White agents focus on process in 2024
The opportunity to have your best year ever will be dictated by your process was the message coming out of Ray White’s annual Engage training session.
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INDUSTRY NEWS
NSW vacancy rates ease as the rental crisis continues
In a small win for New South Wales renters, residential vacancy rates have eased in some areas, however, there is likely more pain ahead for tenants according to the industry.
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INDUSTRY NEWS
Regional areas emerge as sanctuaries from the rental crisis
The rental crisis continues to put renters under extreme pressure, however, new research has found a number of regional areas are emerging as “sanctuaries” for renters in search of relief.
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Movers and Shakers
Buxton Real Estate Group brings in technology expert Jessica Oakley
Jessica Oakley has joined Buxton Real Estate Group as Business Technology Manager and is set to streamline the company's tech stack.
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INDUSTRY NEWS
REIA warns against over-favouring corporates in BTR investments
The Real Estate Institute of Australia (REIA) has cautioned the Federal government, not to prioritise foreign investment into Build to rent (BTR) over individual investors.
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INDUSTRY NEWS
Tribunal denies BTR landlord a rent increase of $85 per week
A Canberra landlord who wanted to hike their tenant's rent by 20 per cent has had the move denied by a tribunal.
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INDUSTRY NEWS
Stamp duty now costs up to six times more than a generation ago
Homebuyers are now paying up to six times more in stamp duty than a generation ago as incomes have not kept pace with surging home prices according to new research.
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INDUSTRY NEWS
How can housing values fall when demand is so high?
The housing crisis and ongoing demand for property due to population growth is being reflected most of all in rental markets, with home prices falling in some areas according to an expert.
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INDUSTRY NEWS
WeWork founder Adam Neumann looking to buy the company back
Five years after being ousted from WeWork, founder and former CEO Adam Neumann is looking to buy back the shared office provider.
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INDUSTRY NEWS
New Zealand profitable resales rise as markets recover
The recovery in New Zealand's housing market has led to profitable resales rising for the first time in two years.
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Real Estate News
Central Pier tenants settle $42 million legal dispute
A group of tenants that operated businesses at Mebourne’s Central Pier has settled a legal dispute with the Government after it was closed for safety concerns in 2019.
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Movers and Shakers
Raine & Horne unveils new brand refresh
Raine & Horne has revealed its first substantial brand refresh since 2017.
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INDUSTRY NEWS
First National Bowral bounces back after losing everything in a fire
When a fire in Bowral took out 13 businesses including the First National Real Estate offices, principal Allan Falvey knew he was going to have to dig deep to find a way to rebuild his business.
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INDUSTRY NEWS
‘Bleak’ outlook for office assets as workers stay home
Workers are not returning to the office leading to sustained upward pressure on vacancy rates and a negative outlook for the sector according to an expert.
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Movers and Shakers
Belle Property expands its reach across Brisbane’s Northern suburbs
Brooke Hawthorne from Belle Property Ascot is opening a new office in Nundah and expanding her reach in the area.
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Movers and Shakers
Better Homes and Gardens Real Estate servicing two new locations
Better Homes and Gardens Real Estate are expanding in Queensland with Angie Keegan running the Plainland office and Janice Cox taking on Caboolture.
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Movers and Shakers
Benjamin Dax and Ruth Roberts expand to Bentleigh
Benjamin Dax and Ruth Roberts of Woodards Carnegie are growing their reach by acquiring the nearby Bentleigh office.
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Movers and Shakers
Knight Frank Australia champions diversity with the Property Council of Australia
Knight Frank is focusing on diversity, equity and inclusion in partnership with the Property Council of Australia NSW.
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Movers and Shakers
Ray White expands its footprint across the far north of New Zealand
Ray White continues its growth in New Zealand's far north with business owner Sean Stratton acquiring multiple offices in the Northland region.
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INDUSTRY NEWS
Eight new Perth suburbs hit the million-dollar mark
Perth’s booming property market has seen eight new suburbs hit the million-dollar median house price according to The Real Estate Institute of Western Australia (REIWA).
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INDUSTRY NEWS
You can now order your own ‘foldable’ home from Amazon
If you’ve been looking for an affordable home, the good news is that Amazon can now deliver a foldable home to your door for just $53,100.
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INDUSTRY NEWS
Zillow launch their new 3D tour experience on Apple Vision Pro
US property platform Zillow, has launched Zillow Immerse in the Apple Vision Pro app story, providing buyers with groundbreaking virtual walkthroughs and interactive 3D floor plans.
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INDUSTRY NEWS
Competition cools despite record low vacancy rates
Vacancy rates have returned to record low levels, but there is hope for renters, with new data showing competition for properties is starting to ease.
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INDUSTRY NEWS
New Zealand property prices continue their recovery in January
Home prices across New Zealand have continued to rebound, with values up 0.4 per cent in January according to CoreLogic NZ.
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INDUSTRY NEWS
Rates likely to stay on hold after inflation tumbles
Inflation has fallen to its lowest rate in two years, with experts now predicting the Reserve Bank of Australia (RBA) will leave rates on hold at next week’s meeting.
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Elite Agent TV
Ryan Bradeley on building a database business
Formy navy pilot Ryan Bradeley understands discipline and structure better than most and he’s been able to use that to become an elite sales agent at Ray White Kawana Waters.
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INDUSTRY NEWS
More retail assets likely to come to market as transactions rise
The retail sector has started the new year with a flurry of activity and there could be more assets coming to market this year, according to an expert.
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INDUSTRY NEWS
Western Sydney popular with first-home buyers
A host of suburbs across Western Sydney have topped the list of the most popular with first-home buyers, according to new data.
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INDUSTRY NEWS
South Australian property prices hit a record high
South Australian property continues to go from strength to strength with new data showing the median price has again made a new record high.
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INDUSTRY NEWS
Swimming pools make homes more valuable
The backyard pool is always a popular feature during the summer holidays and now new data shows that properties with pools are more attractive to buyers.
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INDUSTRY NEWS
Agents tip interest rates to drive the market in 2024
Over 70 per cent of real estate agents think interest rates are going to be the big driver of the housing market in 2024 according to a new survey.
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INDUSTRY NEWS
Clearance rate tops 80 per cent at Ray White Surfers Paradise auction bonanza
There were huge numbers of buyers on the Gold Coast this past weekend for Ray White’s annual The Event auction day, highlighting just how much demand there is for Queensland property.
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INDUSTRY NEWS
REIA on the hunt for solutions to the regional housing crisis
The Real Estate Institute of Australia (REIA) is putting together a summit focused on finding solutions to help ease the ongoing housing crisis that is severely hurting regional Australia.
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