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INDUSTRY NEWS
REIA unveils the agenda for the Centennial Congress
The Real Estate Institute of Australia (REIA) has released the final program for the historic REIA Centennial Congress which aims to examine what the future has in store for the industry.
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INDUSTRY NEWS
Only one area in QLD with a ‘healthy’ supply of rentals
The availability of rentals is at critically low levels across Queensland, with only one area in the whole state considered to have a “healthy” vacancy rate.
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INDUSTRY NEWS
International visitors swarm Australia in a boost for hotel sector
Tourism numbers continue to bounce back from the lows of 2021, supporting a renewed interest in the hotel property sector according to an expert.
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Movers and Shakers
Peter Diamantidis to open fourth office in Mount Druitt
High-profile Western Sydney agent Peter Diamantidis is set to open his fourth Ray White office in Mount Druitt as he goes from strength to strength.
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Movers and Shakers
Blake Mariner named partner at Highland Property Group
Highland’s Head of New Business, Blake Mariner, has been named as the newest partner at Highland Property Group as his career goes from strength to strength.
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INDUSTRY NEWS
Perth property could rise 20 per cent this year
The Real Estate Institute of Western Australia (REIWA) predicts that Perth property prices could potentially increase 20 per cent in 2024 as population growth continues to surge.
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INDUSTRY NEWS
Luxury property markets outpace median priced homes
Luxury property has been seeing values rise sharply and new data has found that the upper end of the market has been rapidly outpacing standard homes.
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INDUSTRY NEWS
Herron Todd White: Where you can find affordable homes in Australia
Despite the cost of living rising and property prices outpacing wage growth, there are still places where homes are affordable according to the latest Herron Todd White (HTW) Month in Review.
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INDUSTRY NEWS
Affordable rentals have vanished in the past three years
The percentage of rental properties priced under $400 per week has seen a dramatic decline in the past three years, presenting significant challenges for low-income earners.
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INDUSTRY NEWS
Low-income earners can’t afford to rent
Low-income earners are doing things really tough at the moment, with a new report finding that minimum wage earners could only afford less than one per cent of rental properties.
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INDUSTRY NEWS
Crane numbers at the second-highest level on record as construction booms
The number of cranes across city skylines is now at the second-highest level on record, signalling a rebound in confidence from developers.
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Movers and Shakers
Andy Camm to lead the new McGrath Whitsundays office
McGrath Estate Agents is doubling down on the Queensland property market after launching their newest office in the Whitsunday led by local agent Andy Camm.
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INDUSTRY NEWS
SA takes the economic crown but WA is closing in
South Australia has come out on top of the economic leaderboard for a second straight year, according to a new report.
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INDUSTRY NEWS
Australian and New Zealand’s top auctioneers set to compete at AUSTROS
Australia and New Zealand's best auctioneers have been named as the finalists for this year's Australasian Auctioneering Championship (AUSTROS) in Hobart.
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Elite Agent TV
Peter Diamantidis on the power of consistency
After getting his start in property as a 15-year-old, Peter Diamantidis has grown into one of the industry’s most dominant agents doing 334 transactions last year.
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INDUSTRY NEWS
Australia’s most affordable coastal hotspots
The swarm of seachangers headed to coastal areas surged during COVID lockdowns and in the process drove up prices.
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INDUSTRY NEWS
2024 ‘better than predicted’ for commercial property
After a tough few years for commercial property investors, weighed down by rising interest rates, 2024 has started better than experts had predicted.
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INDUSTRY NEWS
REIV wants tax reforms to boost rental supply
The Real Estate Institute of Victoria (REIV) has called on the Victorian Government to consider tax reforms that will bolster the supply of rental properties and help ease the escalating affordability crisis.
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Movers and Shakers
Jodie Hughes to lead Raine & Horne Warwick
Experienced agent Jodie Hughes will lead the new Raine & Horne Warwick office in South East Queensland as she looks to expand her reach.
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INDUSTRY NEWS
New listings tumbled 13.6 per cent in March
Vendors took their foot off the pedal last month, with new listings 8.8 per cent lower than the same time last year.
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INDUSTRY NEWS
CommBank, NAB and Telstra named best companies to work for
Australia’s best companies to work for have been named with CommBank, NAB and Telstra taking top honours.
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INDUSTRY NEWS
Arresting development: Fremantle Police Headquarters ‘cells’ for $5 million
The heritage-listed Fremantle police station in Western Australia has been sold to a private buyer after the sales team was able to successfully market the property to local investors.
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Movers and Shakers
Jayden Nichols returns to his roots with LJ Hooker
Jayden Nichols is headed back to where it all began as he takes the reins of the well-established LJ Hooker Muswellbrook office.
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INDUSTRY NEWS
REIQ launches new video series to empower consumers
The Real Estate Institute of Queensland (REIQ) has launched a new video series that aims to help consumers make educated and informed decisions about buying, selling, or renting property in Queensland.
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INDUSTRY NEWS
Capital cities to outpace regional areas with price growth
The big capital cities are shaping up as the best buying opportunities in the next 12 months led by Brisbane, Adelaide and Sydney.
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INDUSTRY NEWS
Ray White New Zealand raises over $400,000 for charity
The Ray White network across New Zealand has spent the month of March, walking, swimming and riding to help raise over $400,000 for Ronald McDonald House Charities.
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Elite Agent TV
Rebecca Cuderman on creating success early in your career
In just her second year as an agent, Rebecca Cuderman from Ray White Marsden hit Elite status with over 60 sales.
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Movers and Shakers
Chris Hynes joins Planum Partners senior team
Planum Partners has appointed Chris Hynes as Director responsible for Real Estate Advisory and will play a key role in growing the firm’s real estate activities.
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Movers and Shakers
Rechelle Hosier to grow the RealtyAssist brand
Rechelle Hosier is looking forward to helping grow the RealtyAssist brand after taking on the role of National Sales Manager.
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INDUSTRY NEWS
Property market confidence is on the rise except for in Victoria
Industry insiders are feeling increasingly confident about the state of the property market, however, Victoria continues to lag behind.
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INDUSTRY NEWS
How agents can win after the NAR commission case
It’s the “educated agent” that’s likely to succeed in a post-NAR commission landscape that the US real estate industry is facing according to experts.
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Movers and Shakers
Ashlee Jade heads up new Barry Plant agency in Doreen
Barry Plant North Eastern Group has expanded to Doreen-Mernda, with local Ashlee Jade set to take the reins.
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INDUSTRY NEWS
Millennials are the most active property investors in Australia
Millennials have emerged as the most active group of property investors in the country with new data showing they are also not afraid to go it alone to get onto the property ladder.
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INDUSTRY NEWS
The largest lollipop in the world hits the market
A property that sweet tooths will love has hit the market in regional Western Australia, boasting the largest lollypop in the world.
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INDUSTRY NEWS
Domain: The rental crisis could reach a turning point in 2024
Embattled renters could be in for some relief ahead with an expert predicting that the rental crisis could be reaching a turning point.
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