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Celebrity Homes
Kate Mara, Jamie Bell buy Neil Finn’s Los Feliz home
Fresh from offloading their home in the Hollywood Hills, House of Cards actress Kate Mara and her husband Jamie Bell have picked up a new property in the leafy foothills of Los Feliz.
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INDUSTRY NEWS
Could property prices return to pre-Covid levels?
National property prices would need to fall 16.7 per cent for values to be back at pre-Covid levels according to CoreLogic.
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INDUSTRY NEWS
Investors eyeing off South East Queensland
South east Queensland is back on the radar for property investors after the State Government shelved land tax changes an expert has said.
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Celebrity Homes
Harry Styles’ former LA home returns to the market
The former Sunset Strip home of UK singer Harry Styles is headed back to the market with an asking price of US$7.995 million.
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INDUSTRY NEWS
Rising interest rates weigh on median home prices: HTW
The Reserve Bank of Australia’s sharp tightening cycle has started to see median home prices fall across the country, according to the latest Herron Todd White (HTW) Month in Review.
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INDUSTRY NEWS
Sunshine Coast Hinterland continues to see strong demand
After seeing a record level of demand over the COVID-era, the Sunshine Coast hinterland property market is still recording strong sales numbers as homebuyers continue to chase a better lifestyle.
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Celebrity Homes
Real estate guru Antony Catalano lists St Kilda mansion for $16 million
Former Domain boss Antony Catalano is getting ready to offload his beachside mansion in St Kilda West as is set to achieve an eye-watering $11 million profit on the sale.
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COMMERCIAL
Australia continues to attract commercial real estate investment
After a record year in 2021, commercial transactions have slowed, however, Australia still remains an “attractive” market for international investors according to an expert.
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INDUSTRY NEWS
Sydney vacancy rate hits nine-year low
Finding a rental property in Sydney is getting increasingly difficult, with new data showing the rental vacancy rate has just hit a nine-year low.
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Celebrity Homes
Aubrey Plaza picks up a Spanish-style home in the Hollywood Hills
Parks and Recreation actress Aubrey Plaza has quietly spent US$4.7 million to move down the street - upgrading to a Spanish-style home in the Hollywood Hills.
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Real Estate News
Spotting and selling an Endeavour Foundation “prize home”
RE/MAX First Caloundra principal Karl Rademeyer knows what it takes to spot a “prize home”, having sold three properties to charity the Endeavour Foundation as a part of their annual home lottery giveaway.
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INDUSTRY NEWS
Melbourne’s median house price drops below $1 million
Melbourne house prices have slipped back under $1 million, creating an opportunity for buyers.
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INDUSTRY NEWS
Record low share of rentals below $400 per week
Tight rental markets are putting extra pressure on low-income renters as the share of rental properties listed below $400 per week has hit a record low.
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Celebrity Homes
Zendaya buys her father a California dream house
Spider-Man actress Zendaya has purchased a house for her father on the outskirts of Los Angeles, in the San Fernando Valley.
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INDUSTRY NEWS
Renewable energy plants could boost property prices
Building renewable energy plants could help increase the value of nearby property prices, according to a new report.
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FEATURE INTERVIEWS
Ryan Suhle: How to kick start your career by focussing on productive hours
Young gun Ryan Suhle is still in his first few years of real estate but has already hit Chairman’s Elite status after doing 220 deals last year and is now the top agent at Ray White North Lakes.
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INDUSTRY NEWS
Borrowers “scrambling” to refinance in record numbers
Rapidly rising interest rates and higher living costs are pushing record numbers of borrowers to refinance their home loans.
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Celebrity Homes
Selling Sunset star Emma Hernan picks up another LA home
Selling Sunset star Emma Hernan and her onetime fiancée Peter Cornell, have teamed up to grab a bargain on a Hamptons-esque house in the Hollywood Hills.
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INDUSTRY NEWS
Joe White elected new REIWA President
REIWA has elected Joe White as the institute's new President, after serving two years as Deputy President.
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INDUSTRY NEWS
Rents hit record highs again as units outpace houses
Rents have hit record highs across the country again, with unit rents rising much faster than houses.
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INDUSTRY NEWS
New listings 15 per cent below the long-term average
Despite rising interest rates and falling prices, homeowners are not rushing to sell.
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Celebrity Homes
Billionaire media mogul Byron Allen picks up $100 million estate
Chairman and CEO of Allen Media Group/Entertainment Studios, Byron Allen has paid a record-setting price for a lavish Malibu vacation home.
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INDUSTRY NEWS
Slower start to spring for new listings but what’s to blame?
The extra public holidays in late September have contributed to a slow start to spring for sellers, with new listings 7.5 per lower than the prior month.
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INDUSTRY NEWS
Former Bathurst winner Lee Holdsworth transitions to commercial real estate
After winning the Bathurst 1000 in 2021 and starting on the front row in 2022, Supercars veteran Lee Holdsworth is getting ready to step away from racing and take up a new career in commercial real estate.
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Celebrity Homes
‘Issues’ singer Julia Michaels buys LA Mansion
Grammy-nominated singer-songwriter Julia Michaels is expanding her already large property portfolio, having picked up an LA Mansion in the San Fernando Valley community of Encino.
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INDUSTRY NEWS
Housing market passes ‘peak fear’ phase
Australian property markets have passed their “peak fear” phase and are expected to bottom out in the new year according to an expert.
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Celebrity Homes
Adam Sandler picks up a $4.1 million knockdown
Funnyman Adam Sandler continues to expand his already impressive property portfolio, adding a traditional ranch-style house in the Pacific Palisades neighbourhood of Los Angeles for US$4.1 million.
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INDUSTRY NEWS
Consumers start to cut spending as rates rise
Rising interest rates and high inflation, are starting to hit the hip pockets of consumers with new data showing people are cutting back on their spending.
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FEATURE INTERVIEWS
Make mine a double: Charlie Fenton
Charlie Fenton has seen a few pubs in his 63 years. He's drank in them, run them, owned them and now the RE/MAX Xtra commercial hospitality specialist sells them.
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Real Estate News
No end in sight for rising construction costs
There’s still no relief in sight for builders with construction costs continuing to rise at a record rate.
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Real Estate News
House price falls to continue into 2023: NAB
There’s likely more property price declines ahead with values to continue decreasing in 2023, according to the National Australia Bank.
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INDUSTRY NEWS
Rundown Sydney home in need of $500,000 in repairs hits the market
A rundown Sydney home that needs upward of $500,000 in repairs is attracting plenty of interest from potential buyers.
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Celebrity Homes
Sandra Bullock selling her San Diego estate
Miss Congeniality star, Sandra Bullock is looking to offload her mammoth 91-acre San Diego compound for US$6 million.
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INDUSTRY NEWS
Further rate rises likely in New Zealand: CoreLogic
Rising inflation in New Zealand will likely mean more interest rate rises ahead according to CoreLogic. CoreLogic NZ Chief Property Economist Kelvin Davidson said the fact that inflation had not yet slowed down and that the Reserve Bank of New Zealand considered the case for a 0.75 per cent rise should indicate further tightening ahead. “The past few weeks have…
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INDUSTRY NEWS
Rising interest rates lead to a surge in refinancing
Homeowners are refinancing their mortgages at record levels as the impact of rising interest rates start to take hold.
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