Search Results for: The Block
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INDUSTRY NEWS
Surging immigration sees overseas buyers targeting Australian property
Overseas buyers are increasingly targeting Australian property, with new data showing online searches have surged back above 2019 levels.
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Celebrity Homes
The star of The Dropout: Holmby Hills estate from hit TV show sells after four year wait
After a four-year wait and multiple price cuts, a Los Angeles property investor has successfully sold his opulent Neoclassical estate in the sought-after Holmby Hills neighbourhood for $34.5 million.
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INDUSTRY NEWS
South Australia’s property market goes from strength to strength
South Australian property prices continue to rise, despite the headwinds of higher interest rates and economic uncertainty.
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INDUSTRY NEWS
Inflation jumps as banks predict a November rate hike
Borrowers could be in for a Melbourne Cup day rate hike according to the major banks as the latest inflation data suggests the Reserve Bank of Australia (RBA) might have more work to do.
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INDUSTRY NEWS
Buyers seek transparency: 72 per cent skip properties without prices listed
Property listings without prices are buyers' biggest pain point when searching for a new home on realestate.com.au, according to new research from REA Group.
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INDUSTRY NEWS
First National equips property managers to handle domestic violence skilfully
In Australia, a domestic violence incident occurs every two minutes and with 88 per cent of incidents occurring in the family home, property managers are at the forefront of dealing with these troubling situations.
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Celebrity Homes
Danny McBride lists Hollywood penthouse
Danny McBride, known for creating and starring in HBO series such as Eastbound and Down, Vice Principals, and The Righteous Gemstones, has listed his Hollywood duplex penthouse for just under $1.8 million.
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Elite Agent
Will taxing short stays boost long-term rental supply? Other policies would achieve more
The Victorian government, like many governments around the world, has announced new regulations on short-stay accommodation.
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WEIRD AND WONDERFUL
World’s most expensive home to be worth US$1 billion
Billionaire Ken Griffin is raising the bar on luxury living with plans to build the world’s most expensive home in Palm Beach, Florida.
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INDUSTRY NEWS
Property market to recoup 2022 downturn by the end of the year
Australia’s property market has almost entirely recovered from the 2022 downturn and will do so by the end of the year, according to Domain.
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INDUSTRY NEWS
REIA looks to tackle real estate ethics score head-on
The Real Estate Institute of Australia (REIA) has taken a proactive approach to the industry recently being perceived as the least ethical occupation, teaming up with the Governance Institute of Australia (GIA) to brainstorm ways to change the public’s views.
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INDUSTRY NEWS
Gold Coast office market to run out of stock in three years
A lack of new office developments on the Gold Coast is likely to see the availability of office space dry up over the next three years.
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INDUSTRY NEWS
First-home buyers opting for “memories not mortgages”
First home buyers are increasingly First-home buyers are increasingly opting for “memories not mortgages” as the high cost of getting into the market makes owning a home less appealing to younger generations in the post-Covid world.
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WEIRD AND WONDERFUL
Private island oasis up for grabs for US$15 million
Many buyers may dream of owning their own private island but it’s not too often one comes on the market.
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WEIRD AND WONDERFUL
Bring the Mediterranean home in landscape design
The allure of the Mediterranean is leaving its imprint on Australian home and garden designs, with influences expected to reign well into 2024, according to landscape design expert Matt Leacy.
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Celebrity Homes
Ellen DeGeneres flips Montecito Estate and stands to make double the purchase price
Ellen DeGeneres and her wife Portia de Rossi have placed their newly renovated Montecito estate on the market for $46.5 million.
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Real Estate News
$6.23 billion defence boost to elevate Northern Territory economy and property market
A multi-billion dollar defence building boom in the Northern Territory is set to create more than 7500 jobs, rapidly spur the economy and lift rental and residential property sales prices.
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Elite Agent
Mastering time: The psychological edge for real estate success
Time is an invaluable asset. For real estate salespeople, success hinges not only on their ability to close deals but also on their ability to manage time efficiently.
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APPOINTMENTS
Sarah Bester returns ‘home’ to Double Bay
JT Allen Real Estate has welcomed one of the country's top real estate professionals, Sarah Bester, back to Double Bay.
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INDUSTRY NEWS
3 things you need to know about the US buyer-agent commissions trial
Week one of the Sitzer/Burnett class action lawsuit has drawn to a close, in a case that has the potential to shake up the industry and change the way US agents get paid.
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INDUSTRY NEWS
Building trust and breaking moulds: How Katie Kepner is elevating the real estate experience in Newcastle
Katie Kepner has always been crystal clear on the type of real estate agent she did and didn’t want to be.
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Celebrity Homes
Suzanne Somers’ enchanting desert compound
Suzanne Somers may have been a prominent American celebrity, but her Palm Springs property was distinctly French influenced.
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INDUSTRY NEWS
Fleeing the CBD: Australia’s rising rents force tenants to the fringes
Australia’s combined capital city rents have soared a further 10 per cent in the year to September, with tenants forced to look further away from the CBDs to find cost-effective properties.
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INDUSTRY NEWS
Perth and Adelaide tenants battle skyrocketing enquiry rates amid rental crisis
Tenants in Perth and Adelaide are facing increasingly tough rental conditions, with super low vacancy rates sending enquiry levels on properties in many suburbs soaring.
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Real Estate News
Perth and Adelaide tenants battle skyrocketing enquiry rates amid rental crisis
Tenants in Perth and Adelaide are facing increasingly tough rental conditions, with super low vacancy rates sending enquiry levels on properties in many suburbs soaring.
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Real Estate News
Ballarat’s $3 million project adds 11 new homes for vulnerable Victorians
Delacombe, in the historic regional Victorian city of Ballarat, is the location of 11 new social and affordable homes set to be completed next month.
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Elite Agent
Justine Wilson: How to keep a property looking fresh on the market after Christmas
The festive season is fast approaching, and homeowners looking to sell their properties are eager to attract potential buyers.
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INDUSTRY NEWS
New McGrath Lithgow and Rylstone offices evidence of surging demand from city buyers
McGrath Central Tablelands has launched a second and third office in the space of three months, with the latest venture in Lithgow quickly following on the heels of the Rylstone office.
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Celebrity Homes
Travis Kelce shakes off fans with fearless $6 million property purchase
Travis Kelce, the Kansas City Chiefs tight end, has recently purchased a $6 million mansion in a gated community in Leawood, Kansas City.
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Real Estate News
Can housing keep up with Australia’s forecast population boom?
Australia’s population is set to grow by $7.4 million by 2041, requiring an extra two million homes across four major cities to cater for more than 65 per cent of the forecast population spike.
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INDUSTRY NEWS
Rental costs rise sharply as vacancy rates hit record lows across Australia
The top 25 regions in the nation in Suburbtrends’ Rental Pain Index all scored either 100 or 99, underlying the currency of the rental crisis.
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INDUSTRY NEWS
One in 10 young adults forced to move back in with their parents
Increasing numbers of younger Australians are being forced to move back in with their parents as the cost of living bites.
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Elite Agent
Exploring hidden risks for real estate agents: why business insurance matters
The spring real estate season is in full swing.
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INDUSTRY NEWS
First-home buyers dominate the NZ market
The number of New Zealand property sales in September were 8 per cent higher than a year ago, with first-home buyers dominating the market.
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INDUSTRY NEWS
Tommy Hilfiger’s former English manor for sale
A Connecticut estate previously owned by fashion designer Tommy Hilfiger is up for sale in Greenwich.
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