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INDUSTRY NEWS
Housing affordability has reached the lowest level in 20 years
Housing affordability is at its lowest level in 20 years, with interest rate increases putting homebuyers under extreme pressure, according to a new report.
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Movers and Shakers
Knight Frank expands its presence on the NSW Central Coast
LJ Hooker Commercial Central Coast, the largest agency on the NSW Central Coast, has rebranded to Knight Frank.
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Movers and Shakers
Dan Sowden and Jake Loiero take the reins at Ray White Buderim
After 25 years in charge of Ray White Buderim, Brett Graham is handing the reins over to new leaders Dan Sowden and Jake Loiero as the pair look to grow the well-respected business.
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Movers and Shakers
Kelly Qualtrough makes the move to Ray White One Group
Top agent, Kelly Qualtrough has moved to Ray White One Group, where she will look to increase her presence across Everton Park.
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INDUSTRY NEWS
Queensland and Victoria hold property investment gems
Investors should look towards Queensland, Victoria and Sydney’s west, where tight supply and steady demand are likely to put upward pressure on prices according to new research.
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INDUSTRY NEWS
Building approvals can’t keep up with record immigration
Australia’s record level of immigration is outpacing new construction which means the housing crisis is only going to get worse according to an expert.
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INDUSTRY NEWS
Coastal office markets continue to see steady demand
Coastal office locations are continuing to see steady demand as growing population numbers in regional areas help boost growth.
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Movers and Shakers
Ayre Real Estate expands with a new office in Barangaroo
Ayre Real Estate is opening a new office in Barangaroo to help support the new One Sydney Harbour development.
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INDUSTRY NEWS
The Australian BTR sector set to outperform
The Australian Build-to-Rent sector (BTR) has the potential to outperform over the next decade with commercial investors needing to look for opportunities outside traditional buy-and-hold strategies.
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Movers and Shakers
Ellie Anstee appointed associate director at JLL
JLL has appointed Ellie Anstee as Associate Director, as the company looks to expand its office leasing team.
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Movers and Shakers
DiJones returns to Woollahra with new central hub
DiJones is returning to its roots and is opening a central operations hub in Woollahra, in Sydney’s Eastern Suburbs.
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INDUSTRY NEWS
NSW assistant agents now able to apply for registration extension
The NSW Government has offered more than 14,000 assistant agents the chance to apply for an extension of their certificates of registration.
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INDUSTRY NEWS
Perth buyers forced to turn to units as market remains tight
Tight stock and strong competition are forcing Perth buyers to turn to units according to The Real Estate Institute of Western Australia (REIWA).
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Movers and Shakers
First National sets ‘sale’ with a new Cannington office
First National Real Estate has launched its newest Peth agency, with experienced duo Louise and William Trainer set to spearhead the Cannington office.
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INDUSTRY NEWS
Home price growth reaccelerated in February
Home prices across the country have hit a fresh new high, with growth reaccelerating despite affordability worries.
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INDUSTRY NEWS
REIA to represent Australia at climate forum in Paris
The Real Estate Institute of Australia (REIA) is sending a representative to the upcoming Buildings and Climate Global Forum in Paris.
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INDUSTRY NEWS
Queensland house prices jumped 3.88 per cent last quarter
The Queensland property market continues to go from strength to strength with new data showing house prices rose 3.88 per cent last quarter.
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Movers and Shakers
First National names its top performers in WA
First National Real Estate has named its top performers from across WA, with FN Genesis named the best in the west.
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Movers and Shakers
LJ Hooker expands into the NSW/ACT border townships
LJ Hooker Gungahlin is expanding into the growing regional market opening up a new business servicing townships on the ACT and NSW borders.
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INDUSTRY NEWS
Perth, Gold Coast the strongest luxury markets in 2023
Despite higher interest rates weighing on some property markets, luxury residential property in Australia has remained resilient, especially in Perth and on the Gold Coast, according to a new report.
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INDUSTRY NEWS
Luxury retail returns to the Sydney CBD
Despite challenging conditions, luxury retailers are increasing their presence in the Sydney CBD and pushing vacancy rates down.
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INDUSTRY NEWS
Property values to increase but rate of growth likely to slow: HTW
Property price growth rates are set to slow down over the remainder of 2024, according to the latest Herron Todd White (HTW) Month in Review.
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Movers and Shakers
RE/MAX celebrates their top performers of 2023
RE/MAX has celebrated its top performers from the past 12 months, with Hayley Van de Ven from RE/MAX Results claiming the group's top award.
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Movers and Shakers
Auctioneer of the year chasing a record with the Good Friday Appeal home
Real Estate Institute of Victoria’s (REIV) 2023 Senior Auctioneer of the Year, Greg Brydon, from Ray White Cheltenham, is chasing a record price when he calls the action for the property being sold as part of the Good Friday Appeal.
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INDUSTRY NEWS
Regional areas outpace capital cities for growth
Despite affordability constraints and rising interest rates regional property prices have outpaced the capital cities over the past quarter.
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Real Estate News
Bianca Todarello and Evie Hancox step up at BresicWhitney
BresicWhitney has strengthened their contingent of female leaders with Bianca Todarello promoted to the role of General Manager – Sales, and Evie Hancox elevated to Operations Manager.
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Movers and Shakers
Barry Plant transforms its digital presence with website redesign
The Barry Plant Group has launched a new-look website and intranet network as the group transforms its business and strategy to embrace the latest in technology, leadership and marketing.
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Movers and Shakers
Marshall White rebrands as it looks to the future
Melbourne real estate group Marshall White has updated their brand while still highlighting the classic castle logo that is synonymous with the company.
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INDUSTRY NEWS
PEXA revenue jumps 16 per cent in first half of financial year
Online conveyancer PEXA has seen its revenues jump 16 per cent over the first half of the 2024 financial year, thanks to a focus on executing its core strategy.
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INDUSTRY NEWS
Luxury development skips the showroom in favour of Virtual Reality
A new Queensland development is changing the way off-the-plan properties are sold, with the sales team embracing Augmented Reality (AR) and Virtual Reality (VR) technology and doing away with the traditional showroom.
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INDUSTRY NEWS
Ray White encourages their agents to ‘get uncomfortable’ to grow
Get prepared to be uncomfortable if you want to grow was the message coming out of Ray White’s 2024 Launch event this week.
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INDUSTRY NEWS
You can now rent out your pool for extra income
Pool owners are now able to make extra income by renting out their pools on the side with some people making as much as $5000 over the summer.
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Movers and Shakers
First National announces their top performers in SA and NT
First National Real Estate has highlighted its top agents from the Northern Territory and South Australia at the company's 2024 General Excellence and Marketing Awards in Adelaide.
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INDUSTRY NEWS
Demand for share accommodation surges over summer
The housing crisis continues to force renters into share accommodation with demand for rooms soaring in January.
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INDUSTRY NEWS
The Sydney suburbs where house prices are set to grow
A host of Sydney suburbs are set to see house prices grow by more than five per cent in the next six months led by the more affordable end of the market.
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