Search Results for: coronavirus
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INDUSTRY NEWS
Westpac revises its outlook for the Australian Dollar
Despite a long-term upswing in the value of the Australian Dollar (AUD), Big Four bank, Westpac believes there's still potential for more growth.
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NEWS
Cheaper to buy than rent more than a third of Australian properties
CoreLogic analysis has suggested servicing a mortgage is now cheaper than paying rent on 36.3 per cent of Australian properties. That is 2.3 per cent higher than before coronavirus hit Australia. CoreLogic reported in February last year that mortgages were cheaper than renting for 33.9 per cent of properties. The analysis was undertaken at the individual property level, using a…
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New South Wales
What the updated lockdown restrictions mean for NSW real estate agents
The updated New South Wales (NSW) coronavirus restrictions are tricky for anybody to navigate. It's even more difficult for real estate agents who are trying to maintain business.
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National
Leak repair specialists Megasealed celebrate 25 years of business success
A business which services the real estate and strata industries with repair solutions for leaking showers and balconies is celebrating 25 years in operation.
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Insights
Property industry confidence remains robust but housing affordability concerns increase
Property industry confidence levels remained close to recent record highs as the sector continues to lead Australia’s economic recovery from the COVID-19 pandemic. The results of the latest quarterly ANZ and Property Council survey showed confidence within the property industry (which employs 1.4 million Australians) would be critical to the rebound from the current COVID-19 outbreaks. The survey found that…
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Insights
New Intergenerational Report indicates COVID-19 will have lasting impact on the economy
The Australian Government's Intergenerational Report was released on Monday, with the Property Council of Australia describing it as a ‘wake-up call’.
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INDUSTRY NEWS
Micro-nation Hutt River hits the market for the first time in 50 years
If you’re looking to find a safe haven from lockdowns, you might be in the market for an entire micro-nation. The historic Hutt River Province in Western Australia (WA), which once operated as a sovereign micro-nation complete with its own stamps and currency, has hit the market. Located 40km north of Northampton in WA’s North, the property comprises more than…
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FRANCHISE NEWS
Belle Property Canberra celebrates their big win at the REIA Awards for Excellence
Belle Property has been nationally recognised with two awards at the Real Estate Institute of Australia Awards for Excellence.
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Elite Agent
Five reasons we think Daniel Hayes should win Big Brother
He’s the quick-witted real estate agent who has made waves for years and is doing the same again on this season of Big Brother. Daniel Hayes has certainly ruffled a few feathers in the Big Brother house so far, but he’s also made some incredibly strategic choices. With his agent mind constantly switched on, it really is no wonder he’s…
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LEADERSHIP
Two Australian cities listed in the top five for entrepreneurial success
Sydney and Melbourne have been highlighted as two of the best cities in the world for aspiring entrepreneurs to start their own business.
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NEWS
We ask experts how Victoria’s latest lockdown will affect the industry
With Acting Victorian Premier James Merlino announcing a snap seven-day lockdown for the entire state from midnight Thursday, how will the real estate industry be affected?
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Elite Agent
Paying it forward: 30 minutes with Stu Benson
There's nothing Stu Benson loves more than a live auction. An industry expert synonymous with the sales technique in Sydney's north-west, Stu has weathered the COVID-19 storm to have his best quarter yet at the end of 2020.
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NEWS
Madonna still living in material world after buying The Weeknd’s California estate
A global pandemic isn’t enough to stop Madonna living large in her material world, with the singer paying $A25 million for a California estate belonging to The Weeknd.
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NEWS
Property values are climbing, and so is industry confidence
Dwelling values are continuing to climb but so is confidence, with new data showing industry confidence levels are approaching record levels.
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NEWS
Build-to-rent surge will change apartment living for Australians, but for better or worse?
Australia’s emerging build-to-rent sector is growing — “booming” by some accounts with a 70 per cent jump in value in the past year.
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Elite Agent
Simon Pressley: Going against the grain
He’s a three-time REIA Buyer’s Agent of the Year and Australian Real Estate Hall of Fame inductee, and as Managing Director of Propertyology, Simon Pressley has built a well-earned reputation as one of the nation’s most astute property analysts. Simon is renowned for challenging conventional wisdom and has correctly forecast some of the biggest market trends that others in the…
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Elite Agent
Kelly Clarkson hopes price drop on Tennessee lake house will hit the right note with buyers
Kelly Clarkson has been based in Los Angeles since she took up hosting duties for her Emmy-winning daytime talk show in 2019 and the singer is now dropping the price of her Tennessee lake house - originally US$8.75 million - to $6.95 million ($8.9 million).
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Elite Agent
Hayley Baxter: Sharpen your marketing message
Hayley Baxter explains why now, more than ever, you need to ditch your pandemic-related marketing to remain relevant and stop clients hitting the 'unsubscribe' button.
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Elite Agent
Vic Government calls for social housing feedback
Victorian Premier Daniel Andrews’ Labor Government has called on the state’s residents to have their say on social and affordable housing as part of a 10-year strategy it says will ensure more Victorians have safe, suitable and secure housing. The state’s Housing Minister Richard Wynne has released a discussion paper to seek community and stakeholder feedback to help inform the…
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Elite Agent
Finalists for AREAs 2020 announced including new data-driven recognition
The finalists for the 2020 Annual REA Excellence Awards (AREAs) have been announced, with top agents reporting record years, despite the Coronavirus pandemic.
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Elite Agent
Sea change leads to coast post for former Hodges Chief
Former Hodges Real Estate CEO Carmel Kellett has traded Melbourne’s laneways and trams for the laid-back lifestyle and light-rail of the Gold Coast after taking on the role of national Franchising Director for end-to-end property business Coronis.
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Elite Agent
It’s time for some normality: REIA calls for rental eviction moratoriums to be removed
The Real Estate Institute of Australia is calling for all COVID-19 rental eviction moratoriums to be removed with fewer businesses unable to pay their rent than expected.
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Elite Agent
Applying high volume sales techniques in a prestige market: Tim Foote
From chaos comes opportunity. That's an adage Bell Property Mosman principal Tim Foote thoroughly believes in.
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Elite Agent
Smashed avo to porridge at home: Young Australians are saving for home ownership
The coronavirus pandemic has accelerated the desire for homeownership in young people, according to Mortgage Choice research.
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INTERNATIONAL
From ‘Zoom Rooms’ to Chef kitchens: 7 top home trends for 2021 from US portal Zillow
Zillow has done the research: but which US buyer and tenant trends will translate to the Australian market in 2021?
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Elite Agent
Housing affordability sentiment at an all-time high
Experts have never felt better about housing affordability around the country, with signs that first home buyers may finally get a foothold into real estate.
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NEWS
Virtual property inspections here to stay as on-line traffic continues to surge
The coronavirus may have permanently changed the way people buy and sell properties as buyers continue to embrace the convenience of virtual property inspections.
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Elite Agent
A third of our waste comes from buildings. This one’s designed for reuse and cuts emissions by 88%
Designing buildings so they can easily be taken apart and the materials reused provides a feasible and commercial pathway for minimising waste and greenhouse gas emissions.
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OPINION
$1 billion per year (or less) could halve rental housing stress
COVID has shown us what’s possible when it comes to alleviating poverty. For six months JobSeeker payments were doubled and then maintained at a level 50 per cent above normal. When the bonus finishes at year end it is likely to be permanently increased for the first time in almost 30 years. Commonwealth rent assistance could do with the same sort of attention. Rent assistance…
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OPINION
The suburbs are the future of post-COVID retail
The COVID-19 pandemic delivered a body blow to CBD retailers, but it’s just the latest of their challenges in recent years.
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NEWS
Clearance rate at highest point since pre-pandemic
The preliminary clearance rate has hit its highest peak since the start of the coronavirus pandemic, coming in at 77 per cent on the back of volume that has exceeded both last week and last year. This week, CoreLogic notes 1757 homes were taken to auction across the combined capital…
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Elite Agent
Sydney house prices rise as units fall, marking largest price gap on record
Sydney housing prices took a massive tumble in the June quarter, losing close to $22,000 off the median price.
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Elite Agent
Green Building Council takes steps to eliminate natural gas in new buildings
Green Building Council of Australia have completely overhauled its Green Star rating system in a push to eliminate natural gas in buildings.
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NEWS
Don Ha and the growth of RE/MAX New Zealand in 2020
When the global RE/MAX brand expanded to four new countries in the first of half of 2020 and continued its reign as the real estate brand operating in more countries around the world than any of its competitors, it recognised its resilient global leaders who championed entrepreneurship, innovativeness and technology.…
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NEWS
2020 REIV Awards: The complete winners list
Check out the acceptance videos from all the winners, and the complete list of winners and finalists.
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