Search Results for: The Block
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Real Estate News
Block less than five metres wide expected to fetch more than $400,000
A narrow strip of land containing little more than a footpath has hit the market with an asking price of $400,000-plus. Located at 27 Leslie Crescent, Caloundra West, the block is just 4.6m wide and comprises 129sq m of land, according to its realestate.com.au listing. The listing also reveals the reason for the footpath running through the centre of the…
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Real Estate News
Real estate roundup: the year that was
The Australian real estate market experienced a record year in 2021, with tight supply and strong demand leading to soaring prices. Agents, vendors and buyers innovated through COVID-19 restrictions, including lengthy lockdowns in Melbourne and Sydney. There were numerous mergers, acquisitions and buyouts, along with notable appointments and some surprising departures. Once again, AREC thrilled and inspired, while the AREAs…
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INDUSTRY NEWS
Property prices drive record household wealth in Australia
Rapidly rising property prices have driven total household wealth to record rates, new data reveals. Figures released by the Australian Bureau of Statistics show total household wealth climbed 4.4 per cent, or 590 billion, in the September quarter to reach a record $13,918.5 billion. Wealth per capita also reached new heights at $540,179, the statistics show. Head of Finance and…
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INDUSTRY NEWS
Australia’s top-selling suburbs revealed
New South Wales is home to almost all of the top-selling suburbs for houses in 2021, according to newly released data. The data, released by PropTrack, identified the top 10 Australian locations where median prices have made the biggest percentage gains this year. Nine of those were in New South Wales, with Diamond Beach topping the list with 84 per…
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THE TRUSTED AGENT
The Trusted Agent Podcast: Kylie Davis on customer expectations, real estate disruption, and tech tools that create clients
Over the coming months Elite Agent is thrilled to bring you The Trusted Agent podcast in association with Real Estate Sales Online (RESO). Hosted by Sean Scoffield, this podcast features some of the most respected names in the industry, looking at what it takes to become an agent of choice
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Celebrity Homes
Sandra Bullock lists West Hollywood condo
Hollywood actor, Sandra Bullock, has reportedly listed one of her West Hollywood condos for almost US$4.5 million. Source: realtor.com In 2014, Bullock paid US$3.55 million for the apartment, located on a high floor of the Sierra Towers and once owned by Friends star, Matthew Perry. She didn’t live in the property though, instead renting it for a reported US$22,000 per month. The…
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Thought Leaders Podcast
Creating the opportunity: Alex Jordan on reinventing, building an attraction business, and how to become a top selling agent
How can you become a top selling agent who clients seek out? Alex Jordan says it comes down to building the right profile, providing real value, and perhaps most importantly embracing self-belief.
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National
Property market concludes its busiest ever auction year
Just a week out from Christmas, the auction market continues to show its strength, with 4756 properties going under the hammer across the country.
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Celebrity Homes
The biggest celebrity deals of 2021
It’s been another big year in the world of real estate, and celebrities have been no exception, with a number of eye-watering transactions taking place in 2021.
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INDUSTRY NEWS
The growing hotspot for prestige homes
The number of prestige homes sold in Brisbane has more than tripled since 2019, with 38 homes sold in 2021 for between $5 million and $20 million.
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Thought Leaders Podcast
End of year wrap: Mark McLeod on 2021, the trends set to stay, and his top tips for mastering real estate
Anyway you look at it, 2021 has been an incredible year to be part of the real estate industry. House prices rose right across the country, the auction market took on a life of its own, and the rental vacancy rate hit an all-time low.
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Elite Agent
The Trusted Agent Podcast: John Cunningham on knowing your value, looking after people, and understanding the true measure of success
John Cunningham has long been regarded as one of the true gentlemen of real estate. In a career that has spanned almost 45 years, he has built a reputation on the belief an agent’s real value is in helping their clients make good decisions.
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INDUSTRY NEWS
Australia’s record-breaking year in real estate
Following an extraordinary 2020, this year has seen Australia’s residential housing market experience unprecedented growth, thanks to continued momentum. Last year’s momentum, combined with monetary and fiscal stimulus measures, has propelled the market, pushing its value to record highs, according to CoreLogic’s annual Best of the Best Report. CoreLogic’s Head of Research Eliza Owen said the estimated value of Australia’s…
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INDUSTRY NEWS
Melbourne climbs its way to the top as one of the world’s ‘hub cities’
Melbourne has achieved the world’s largest gain in rank in the Heitman Real Estate Securities Group’s annual real estate rankings, while Sydney ranked in the top 10. This year’s Global Prime Real Estate Securities rankings were topped by London, New York, Paris, and Tokyo, with the top four cities retaining their spots from the 2020 ranking. Melbourne, which benefitted from…
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INDUSTRY NEWS
Home owners are happier than renters, research shows
The Great Australian Dream is a concept as old as time, and new research has now confirmed owning your own home could in fact be the key to happiness. According to Finder’s Consumer Sentiment Tracker, a nationally representative survey of more than 30,000 respondents, those who rent report lower levels of happiness and higher levels of money stress than homeowners.On average 83…
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INDUSTRY NEWS
Confidence high as property industry ready for economic recovery
Confidence in Australia’s property sector has hit its highest point since March 2018, with the industry gearing up for a strong economic recovery in 2022, according to the ANZ/Property Council latest survey. The Confidence Index rose 12 points nationally in the December quarter, off the back of substantial confidence boosts in the ACT (33 point increase), Victoria (25 point increase)…
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Celebrity Homes
Leonardo DiCaprio buys $10M luxury home
Known for his active participation in the luxury property market, Hollywood heartthrob Leonardo DiCaprio has snapped up yet another multi-million dollar mansion.
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FEATURE INTERVIEWS
From dirt to keys: 30 minutes with Brad Caldwell-Eyles
If you hear about a high-end project in Sydney's eastern suburbs, the agent's name following it is usually Brad Caldwell-Eyles.
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INDUSTRY NEWS
Sun still shining on Queensland property market
The demand for Queensland's residential property market appears to be insatiable with the latest median house price data from the REIQ showing another period of strong performance over the September 2021 quarter (July - September 2021).
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INDUSTRY NEWS
New Zealand property market trends to watch in 2022
For the New Zealand real estate market, 2021 has been the year the government stepped in and regulatory pressures increased in an effort to curtail rapidly rising property prices. Across the country the 12-month change in median values recorded jumps of between 6.7 per cent in Sunshine Bay, and a whopping 47.7 per cent in Woodville. The figures, released in…
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Celebrity Homes
Sean ‘Diddy’ Combs’ former home hits the market
The LA mansion that once belonged to Sean Combs, otherwise known as Puff Daddy, P.Diddy, Puffy and Diddy, has hit the market for US$14.5 million. Combs lived in the five-bedroom, six-bathroom, Beverly Crest property from 2008 until 2013, according to TopTenRealEstateDeals. The 2004-built, three story home has been recently updated, with dramatic views from almost every angle and a kitchen…
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INDUSTRY NEWS
15 real estate professionals offer their property market predictions for 2022
After a bumper year for real estate, there’s a lot of talk about what the property market will do in 2022.
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Elite Agent
The best in the west: luxury homes in WA
From sparkling in-ground pools to water views, teppanyaki plates and circular glass showers, a lot of luxurious homes have sold in Western Australia in the past 12 months. If you have an address in western Perth’s affluent suburb of Peppermint Grove you’re almost guaranteed to make the list of the state’s most luxurious sales, while Mosman Park is another standout…
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Elite Agent
How wise are you? Find out in just 7 questions
Can you ascertain a person’s level of wisdom based on asking them just seven questions? Researchers at the University of California San Diego School of Medicine have said you can. The team of researchers have developed a seven-item scale (SD-WISE-7) that can help determine, with high validity, a person’s level of wisdom, which is a potentially modifiable personality trait that…
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INDUSTRY NEWS
Nerida Conisbee’s top seven predictions for 2022
Since the start of the pandemic, Australian house prices have skyrocketed, rising by almost 24 per cent and remaining at record highs. Until now, prices have continued to rise. According to Ray White Chief Economist, Nerida Conisbee, growth over the past three months has been higher than the previous three. But while on most metrics, there is little evidence of…
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Elite Agent
6 metre wide Darling Point home sells for $15.5M in just nine days
Sydney’s skinniest harbourfront home, previously owned by the late Lady Susan Renouf, has sold for $15.5 million, snapped up by a Melbourne couple before its February 12 auction date. At just six metres wide, the Darling Point residence was only listed for sale on December 3, according to realestate.com.au. CoreLogic records show the last time the property sold, in June…
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Real Estate News
Records smashed as almost 5000 properties go under the hammer
Another auction record has been smashed with almost 5000 properties taken to auction in a week where volumes far exceeded all previous highs across almost every capital.
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Real Estate News
Alison Hatch takes out Transform XII title
The leader of Best Nest Property Management, Alison Hatch, has been named the winner of Transform XII after devising a 2022 marketing plan that focuses on rebuilding market presence lost during Sydney’s lengthy COVID-19 lockdown.
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INDUSTRY NEWS
How property aids Australia’s pandemic recovery
Regional property prices grew at a higher rate than Australia’s combined capital cities in 2021, helping underpin the country’s economic recovery from the pandemic, new analysis reveals.
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Real Estate News
Australia makes Top 5 of Knight Frank Global Price Index
Australia has moved into the Top 5 countries for house price growth for the first time in six years with almost 20 per cent annual growth for the year to September.
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Celebrity Homes
Leonardo DiCaprio lists home bought from Moby for US$5.495M
Academy award winning actor Leonardo DiCaprio has listed the home he bought from music superstar, Moby, who extensively renovated the 95-year-old property.
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Thought Leaders Podcast
Unlimited: Hayley Van de Ven on seizing the moment, choosing your energy, and leadership that’s all about service
As the leader of RE/MAX Results and RE/MAX Bayside Properties Hayley Van de Ven is the epitome of a leader with a vision.
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INDUSTRY NEWS
Canstar report reveals some Aussies expect property prices to ‘skyrocket’
Despite property prices soaring more than 20 per cent this year, 18 per cent of Australians expect prices to “skyrocket” further at some point in the next two years, according to new research. Canstar’s fifth annual Consumer Pulse Report also showed 44 per cent of Aussies expect house prices to continue to grow at a steady pace, while 12 per…
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INDUSTRY NEWS
The neighbourhood that’s going to get 100 3D-printed homes
One of America’s leading homebuilders is joining forces with a construction technologies firm to build the country’s largest community of 3D-printed homes in Texas. Lennar and ICON are breaking new ground with the development of the 100-strong community, codesigned by the acclaimed architecture firm, BIG-Bjarke Ingels Group, using ICON’s innovating robotics, software, and advanced materials. ICON’s 3D printing technology produces…
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Real Estate News
Australia’s most popular investment location revealed
Remote and borderless investing has been supercharged by COVID-19, with new data revealing property investors have doubled the distance between where they live and why they invest, in response to the pandemic. Managing Director of MCG Quantity Surveyors Mike Mortlock said the latest Property vs. Postal survey revealed a picture of changing investor buying habits. The numbers showed the average…
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