Search Results for: The Block
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FRANCHISE NEWS
How six partnerships with the Harcourts Foundation are bringing hope to Christmas
This December, something special is happening inside Harcourts offices.
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Celebrity Homes
Hollywood icon Jane Russell’s former Montecito retreat returns to market
Long before Montecito became a celebrity haven, the Gentlemen Prefer Blondes star carved out a private retreat filled with art, character and family history.
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INDUSTRY NEWS
Andrew Cramer appointed as REA Group CFO
Andrew Cramer will take over as Chief Financial Officer at REA Group as current CFO Janelle Hopkins retires to pursue a non-executive career.
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FRANCHISE NEWS
Robert and Greer Tulp launch Ray White Beacon Property Management
Experienced real estate professionals Robert and Greer Tulp have joined Ray White to open their new business, Ray White Beacon Property Management, based on the Hibiscus Coast.
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BEST PRACTICE
Lisa Pennell on fixing underquoting: “Use the tech we already have”
Barry Plant CEO, Lisa Pennell, argues that the real fix for underquoting lies in modern enforcement systems, not more rules.
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Agent Stories
Database strategy delivers $2.82m Chifley duplex sale in 11 days
A four-bedroom duplex at 45 Mawson Parade, Chifley has sold for $2.82 million prior to auction after just 11 days on market, with Sydney’s Nick Papas leveraging his buyer database to secure the result. The sale demonstrates how detailed buyer intelligence and geographic repositioning can compress sales timelines in price-sensitive markets. By identifying purchasers who valued lifestyle amenities over postcode…
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Agent Stories
Database strategy delivers swift off-market result in competitive Bondi Junction
The 103sqm apartment’s appeal extended across multiple buyer groups, from downsizers seeking low-maintenance luxury to growing families wanting space and security. Nicholas Armstrong-Smith listed the property exclusively on the Century 21 Armstrong-Smith website and the global Century 21 network, supplemented by a social media campaign across Facebook, Instagram, YouTube and TikTok featuring property videos produced in-house. “We have a very…
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QLD Real Estate News
Townsville leads regional Australia’s next wave of growth
Townsville is emerging as the standout among Australia’s regional markets, illustrating a new phase where lifestyle appeal and economic depth combine to drive long-term performance. According to Ray White Group Senior Data Analyst Atom Go Tian, this blend of affordability, coastal living and diversified employment marks the direction regional Australia is now heading. Townsville’s median price of $653,000 positions it…
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INTERNATIONAL
Dubai leads as UAE real estate hits new highs
Dubai posts its strongest quarter on record while upcoming supply reshapes buying conditions across the UAE.
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AI Tips and Tricks
You’re asking the wrong question about AI
Everyone's using AI to do the same things, just faster. That's the trap. The real opportunity is building what was impossible before.
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INDUSTRY NEWS
US sellers pulling properties off market instead of lowering prices
Home prices remain stubbornly high across the US as an increasing number of sellers are choosing to delist their properties rather than reduce asking prices, further constraining an already tight housing market.
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INTERNATIONAL
RBNZ expected to deliver final 25bp rate cut
The Reserve Bank of New Zealand is expected to cut the Official Cash Rate (OCR) by 25 basis points to 2.25 per cent at its upcoming meeting on November 26.
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INDUSTRY NEWS
Housing crisis intensifies across regional NSW
Housing pressures in regional New South Wales have reached critical levels as builders struggle to meet growing demand amid significant challenges in the construction industry.
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Celebrity Homes
Casino mogul Steve Wynn slashes mansion price by US$10 million
Steve Wynn has cut the price of his Beverly Hills megamansion by another $10 million, bringing the asking price down to $65 million (AUD$98.7 million), less than half of its original $135 million (AUD$205 million) listing in 2020.
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FEATURE INTERVIEWS
Why buyer’s agents with sales experience are becoming critical in a tightening market
Why shrinking stock, faster campaigns and buyer fatigue are accelerating the rise of buyer’s agents with deep sales experience - and why Albert Sassoon believes the next phase of the market will favour those who understand how campaigns operate from the inside.
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Celebrity Homes
Renowned photographer lists custom Texas estate after price cut
Douglas Friedman, a photographer who has captured America's most luxurious homes for two decades, has reduced the asking price of his custom-built Texas estate to $2.99 million (AUD$4.5 million) from its original $3.7 million (AUD$5.6 million) listing.
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INTERNATIONAL
San Francisco’s former Westfield mall sold for a tiny fraction of its past value
The once-prominent Westfield mall on Market Street has sold at auction for just USD $133 million (around AUD $205 million), a fraction of its past worth. Now largely empty, the centre highlights the shift in consumer habits since the pandemic and the very different paths taken by Westfield’s US and Australian operations.
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PROSPECTING + LISTING
Mosaik expands to Australia, introducing a new era of homeownership advisory
Mosaik, a U.S. homeownership engagement platform, expands to Australia, offering real estate professionals tools to transform transactional relationships into lifelong advisory partnerships. The technology helps agents provide personalised support throughout property ownership, addressing growing global demand for continued value beyond settlement.
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National
House premium hits record high as property market exceeds $12 trillion
The gap between house and unit prices in Australia's capital cities has reached a record high of $363,000, representing nearly 50 per cent of the median unit value, as the total property market surpasses $12 trillion.
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National
Labour market strength delays rate-cut expectations
Ray White Group Chief Economist Nerida Conisbee says a firm labour market is pushing back hopes of interest rate cuts, even as a weakening construction pipeline and softer conditions in parts of the economy start to ease inflation pressures.
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Just Sold
Transparent negotiation delivers $790,000 Maroubra result ahead of auction
A one-bedroom apartment at 843–845 Anzac Parade, Maroubra has sold for $790,000 in 10 days, with eastern suburbs agent Nick Papas orchestrating a competitive pre-auction negotiation among four buyers. The unit features one bedroom, one bathroom and one car space. It was listed for auction but sold prior under contract on 13 November 2025 after Nick brought four interested parties…
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Just Sold
Buyer’s agent secures $5.2 million Bulli home in exclusive off-market deal
A northern Illawarra buyer’s agent has secured a $5.2 million off-market property at 6 Hutton Avenue, Bulli, delivering a four-bedroom house with rare basement parking for clients from the Sutherland Shire. Jack negotiated exclusive access to the Near new, architect-designed home, which features 6 car, basement parking ; a configuration rarely found in the coastal suburb. Targeted search strategy “We…
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Elite Agent
Nikki D’Agostino: Save 2 Hours Daily With This AI Task Matrix
“Most property managers are drowning in admin while the real money maker – the relationship with the investor – gets overwhelmed with busy work.” What if you could get back an entire month per year? Not by working harder, but by working smarter with AI? In this episode of Thought Leaders, Nikki D’Agostino – who just won both Strata Manager…
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SUPPLIER NEWS
Setting new records and leaving nothing to chance: How Luxe helped Tolemy Stevens achieve a landmark result
Queensland luxury agent Tolemy Stevens shattered sales records with a beachfront apartment, selling for $3.45 million in just 20 days using realestate.com.au's premium Luxe marketing package. "You couldn't miss it online," he said, as the enhanced visibility not only secured the record price but elevated his market presence.
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FEATURE INTERVIEWS
The commercial property talent shortage – and where the next generation will come from
With experienced commercial property managers scarce and formal training thin on the ground, Leteicha Wilson explains where firms are finding new talent, why residential skills don’t always translate, and how flexibility is becoming a key hiring advantage.
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FRANCHISE NEWS
First National expands Sydney footprint with JV partners in St George
First National Real Estate has strengthened its presence in metropolitan Sydney with the launch of First National Real Estate JV Partners, led by respected St George agents and Co-Directors, Justin Cai and Vivienne Hua.
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Celebrity Homes
Goldman Sachs executive lists Melbourne mansion for $22 million
A prestigious Brighton beachfront property owned by Goldman Sachs executive Nick Sims and his wife Georgina has hit the market with a price guide of $20-22 million.
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SUPPLIER NEWS
Allhomes raises over $90,000 for YWCA Canberra through Floriade partnership
Allhomes has raised $86,770 through Floriade's Great Big Bulb Dig, with an additional $4,500 from recycling efforts, to support YWCA Canberra's housing initiatives.
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Movers and Shakers
Jack Parfitt joins Knight Frank in Tamworth
Former professional rugby player Jack Parfitt has joined Knight Frank's Tamworth office as Sales and Leasing Executive, focusing on the commercial market in North West NSW.
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Movers and Shakers
Neil Brookes to lead Savills Asia Pacific Capital Markets
Neil Brookes has been appointed Executive Managing Director, Asia Pacific Capital Markets at Savills, where he will focus on cross-border growth opportunities, particularly in Australia.
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Movers and Shakers
Prash Nayar joins Apollo Auctions Western Australia
Award-winning auctioneer Prash Nayar has joined Apollo Auctions, strengthening the company's presence across Western Australia.
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Movers and Shakers
WA and QLD celebrate their top performers at Excellence Awards
The country’s real estate professionals were in the spotlight this month as both Queensland and Western Australia honoured their standout achievers at the REIQ and REIWA Awards for Excellence.
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FRANCHISE NEWS
Award-winning agent Edward Lim launches Ray White ELG
One of Western Australia's very best real estate agents, Edward Lim, has opened his own business, Ray White ELG based in Victoria Park, marking an exciting new chapter for the top salesperson.
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FRANCHISE NEWS
Adrian William Real Estate joins forces with Urban Lane
Urban Lane Real Estate Director Chris Akkawi has joined forces with leading independent agency Adrian William as the Inner West veteran continues his career.
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INTERNATIONAL
Global ‘living’ sector to hit US$1.4 Trillion as institutional investment accelerates
JLL’s 2025 global report shows the living sector leading worldwide real estate investment, with US$1.4 trillion in forecast transactions and Australia ranked among the top growth markets.
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