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INDUSTRY NEWS
REIA unveils seven-point plan to tackle housing crisis
The Real Estate Institute of Australia (REIA) has launched a comprehensive election commitment plan aimed at addressing Australia's housing affordability crisis ahead of the 2025 Federal Election.
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FRANCHISE NEWS
Darren Pearce joins First National as Membership Director
Industry veteran, Darren Pearce, with over 30 years of experience has taken on a key leadership role at Australia's largest independent real estate network.
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INDUSTRY NEWS
New Zealand coastal suburbs see extraordinary growth patterns
New Zealand's coastal property market has experienced exceptional growth across both islands, with some areas achieving up to 372 per cent value increase over five years, according to new research.
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Mindset and Personal Development
Finding joy in real estate: beyond the million-dollar listings
Discover how Josh Horner, a former Broadway dancer and founder of The Horner Agency, applies his unique background to redefine success in suburban real estate.
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INDUSTRY NEWS
How climate risks are reshaping real estate
The increasing frequency of natural disasters, driven by climate change, is reshaping real estate markets in the United States and Australia.
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Elite Agent
Study Reveals How Neighbourhood Upgrades Cut Crime
A research study conducted across six major US cities has found that targeted investments in neighbourhoods, such as home repairs and new construction, can lead to significant drops in crime. The study, “Investment and Crime on Residential Street Segments: Assessing the Moderating Role of Neighbourhood Characteristics,” by researchers Marie Skubak Tillyer, Arthur Acolin, and Rebecca J. Walter, found that targeted…
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INDUSTRY NEWS
Renovations outpace new builds as homeowners opt for upgrades
Homeowners are increasingly choosing to renovate rather than build new homes, with renovation spending now accounting for 40 per cent of total construction expenditure.
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INDUSTRY NEWS
Capital cities could accommodate three million new homes
New research has identified the potential for more than three million additional strata units to be built across Australia's major cities, offering a potential solution to the housing crisis.
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INTERNATIONAL
China’s massive urban village overhaul: 1 million homes, 300 cities, and a real estate revival
China has announced a major expansion of its urban village redevelopment program, increasing coverage from 35 cities to nearly 300 as part of efforts to stabilise the real estate sector.
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INDUSTRY NEWS
Experts worried immigration is overwhelming housing supplyÂ
Australia's leading experts on housing are worried that Australia’s high levels of immigration are hurting housing affordability and making homeownership unobtainable.
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INDUSTRY NEWS
Young buyers flock to suburbs undergoing urban renewal
Established suburbs that are experiencing urban renewal are becoming increasingly attractive to younger buyers, according to new research.
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INTERNATIONAL
Singapore’s heritage Shophouses snapped up by wealthy investors
Comparable to New York’s brownstones or London’s Soho properties, these iconic buildings are seeing record prices, attracting billionaires, and local developers.
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INDUSTRY NEWS
Sydney’s property market shifts: insights from Domain’s ‘Matching Demand’ report
Sydney’s property market is witnessing significant change, driven by affordability, lifestyle needs, and demographic shifts.
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FEATURE INTERVIEWS
What is the Great Aussie Dream now?
The “Great Australian Dream” has changed. Once dominated by the ambition to own a home, today’s ideal centres on leading a life free from financial pressure and a focus on well-being.
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INDUSTRY NEWS
Auckland auction event sees $24.9 million in property sales
A major Ray White auction event in Auckland has highlighted the strength of the local property market, with more than $24.9 million in sales recorded in a single day.
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INDUSTRY NEWS
Victorian government to release record amount of land for housing
The Victorian government is preparing to announce the largest release of land for housing in the state's history, targeting Melbourne's outer suburbs to combat the ongoing housing crisis.
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INDUSTRY NEWS
Dutton’s $5 billion plan to solve housing crisis
Opposition Leader Peter Dutton has announced a $5 billion Housing Infrastructure Program, aiming to fast-track the construction of up to 500,000 new homes if the Coalition wins the next federal election.
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INDUSTRY NEWS
Stamp duty slashed for off-the-plan property purchases in Victoria
The Victorian government has announced a significant reduction in stamp duty for off-the-plan apartments, units and townhouses in a bid to stimulate the housing market and address the state's housing crisis.
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INTERNATIONAL
Rising house costs hit middle-class America hard
Much like what is happening in Australia, middle-class homeowners in the US are increasingly facing a financial squeeze due to rising housing costs, a trend that has accelerated over the past decade.Nearly 30% of middle-income homebuyers spent more than 30% of their income on housing in a significant increase from a decade earlier. This “cost-burdened group”, identified by a common…
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INDUSTRY NEWS
A global comparison: Sydney’s housing shortfall tied to slow transport expansion
A new report, Defining Density (Done Well), highlights that Sydney’s housing shortage is closely tied to its lagging transport infrastructure compared to global cities. Tokyo leads with 553 stations within a 30km radius, while Sydney only has 99. This stark difference limits Sydney’s ability to develop high-density housing near public transport hubs, further exacerbating its housing crisis. The report shows…
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VIC Real Estate News
Victorian rental market sees over 10% increase in 2024
The latest data from the Homes Victoria June Quarter 2024 Rental Report reveals a sharp increase in rental prices across the state.
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INDUSTRY NEWS
Industry warns against rent controls
Queensland's property industry is sounding the alarm over potential rent controls, warning they could further reduce rental availability.
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INDUSTRY NEWS
Domain launches Spring campaign to empower agents and guide buyers
Real estate platform Domain has unveiled its new Spring campaign, focusing on the trade-offs Australians face when choosing a home.Â
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Movers and Shakers
Freddy Handa opens Belle Property Rouse Hill
Freddy Handa has launched Belle Property Rouse Hill in Sydney's Hills District.
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INDUSTRY NEWS
Buyers take the lead as listings surge
Buyers are back in the driver's seat with surging property listings across the country providing more opportunities and reduced competition.Â
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INDUSTRY NEWS
Housing affordability measures fail to capture true costs
Current housing affordability measures are not accurately reflecting the real housing costs for lower-income households, according to new research.
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INDUSTRY NEWS
Proposed tax reforms would make negative gearing only available to some investors
A new report from RMIT University suggests using Australia's tax system to incentivise property investors to improve conditions for private renters.
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Movers and Shakers
Lydia Sheridan Takes the Helm as JLL’s New Head of Marketing for ANZ
Lydia Sheridan has been appointed as JLL's new Head of Marketing for Australia and New Zealand. With 17 years of experience, she will lead the marketing strategy across the region, focusing on brand growth, sustainability efforts, and client engagement. Sheridan joins JLL’s Australasian Executive Committee and Global Field Marketing Leadership Team.
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Real Estate News
Call for urgent overhaul of sub-standard homes
As Australia embarks on a plan to build 1.2 million new homes over the next five years, the poor quality of the country’s existing housing stock has come under sharp scrutiny.
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Real Estate News
The urban density dilemma
"The rental market is shrinking, and it's really at an alarming rate with the shortage of supply," warns Tilly Gillan, Head of Property Services at MRE.
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INDUSTRY NEWS
New laws aim to improve strata living in NSW
The NSW government has introduced new legislation to restore confidence in strata living and investing, targeting issues with strata managing agents and insurance policies.
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Real Estate News
Most buyers and sellers rate their experience with agents positively
Three-quarters of buyers and sellers involved in a property transaction in the past year have rated their experience directly with real estate agents as either “excellent” or “above average” according to a new national survey.
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Movers and Shakers
Joanna Jiang opens Harcourts Balwyn office
Joanna Jiang has launched a new Harcourts office in Balwyn, bringing a diverse team with multilingual capabilities to the area.
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Elite Agent
Apartment living: The way of the future
As urbanisation accelerates and cities continue to expand, the demand for efficient, sustainable, and affordable housing solutions is becoming more pressing. Adrian Wilson, Founder and Director of Ayre Real Estate, advocates for apartment living as the optimal solution for modern urban dwellers.
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INDUSTRY NEWS
Olympic boom: Brisbane prices could rise 50 per cent
Brisbane could be on the verge of an extended boom in property prices, with value potentially rising 50 per cent thanks to the upcoming Olympics and huge interest from foreigners.
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