Search Results for: melbourne
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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
Darwin, Perth and Hobart record strong growth in January
Australian house values reached a record new high during the start of 2021 - even surpassing pre-COVID levels, according to latest data from CoreLogic.
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Elite Agent
Auction activity picks up right where it left off
Capital city auction activity has ramped up after the seasonal slowdown, with 891 homes taken to auction this week resulting in a preliminary clearance rate above 80 per cent.
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Elite Agent
Regions show record price growth
House prices have hit a new record high across all Australian capitals with exceptions of Darwin and Perth.The Domain House Price Report for the December 2020 quarter released this morning also shows that outer city regions across the country saw record price growth as demand rose throughout COVID.
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Real Estate News
ACT tops the HIA scorecard as the best state to build
The HIA Housing Scorecard report presents an analysis which ranks each of the eight states and territories based on the performance of 13 key residential building indicators, including detached and multi-unit building activity, renovations, housing finance, and rates of overseas and interstate migration.
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INDUSTRY NEWS
The rental gap between houses and units continues to widen: CoreLogic
The COVID-19 pandemic has created diversity across the Australian rental market with international border closures and stalled immigration continuing to impact capital cities, according to CoreLogic RP Data.
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Elite Agent
Taking a chance: Stu Benson
When Stu Benson got the call to appear as the auctioneer on The Block, he was ready. His first foray into television was a few years earlier, as an auctioneer on Channel Seven’s Under The Hammer.
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Elite Agent
Agents on the move
Newly signed Ray White recruit Leigh Grixti has a hidden advantage when it comes to property sales, while Brisbane agent Adam Gould is joining the LJ Hooker Property Centre in Cleveland with his team.
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Real Estate News
Long service leads to partnership at PhilipWebb
PhilipWebb Real Estate in Melbourne’s East, has invited Robert Groeneveld to become a partner at the firm.
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Elite Agent
Auction volumes up 44 per cent over December quarter
CoreLogic’s auction market review for the December quarter 2020 saw the combined capital city clearance rate continue to strengthen, while auction volumes increased by 44 per cent over the same period.
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Elite Agent
Lifting lockdown leads to record Victorian house prices: REIV
The median house price in Victoria has recorded its largest increase since 2000, according to data from Real Estate Institute of Victoria's quarterly December report. For the first time, Metropolitan houses in Melbourne surpassed a median value of $900,000, jumping by 9.5 per cent from the September quarter to land…
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Elite Agent
Hobart and regional Victorian homes lead the nation in profit-making sales
Hobart had the highest rate of profit-making re-sales of all capital cities over the September quarter, according to the most recent data from CoreLogic.
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Elite Agent
Stay remote but come in to collaborate: Knight Frank’s 10 predictions for 2021
Global residential and commercial property consultancy Knight Frank has just released its Top 10 predictions for Australia’s Property Market in 2021, with the pandemic set to reshape the future of business premises. With more employees working remotely, a shift is forecast where facilities will be less about individuals and more about coming together. “Physical offices will be increasingly grounded in…
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Real Estate News
Hemsworth brothers’ Malibu mansion sells for US$4.9 million
A Malibu home that was owned jointly by Luke, Liam and Chris Hemsworth just sold for $4.9 million. The brothers purchased the property in 2016 for $3.45 million. Luke 40, Chris 37 and Liam 30 have had stellar careers in film and television since Luke began acting in an Australian soap opera in 2001,…
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Elite Agent
Lifestyle demand sees rental prices surge
A surge in Aussies moving to lifestyle destinations is causing a hike in rents, with it now costing more to lease a unit in Brisbane than in Melbourne.
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Real Estate News
Record numbers of Aussies say now is a good time to buy
Optimistic home buying sentiment has reached a pre-pandemic high in Australia according to new research from Finder.
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Elite Agent
The hits and misses for commercial property in 2021
COVID-19 changed the way we do commercial property, potentially forever says to Steve Palise, commercial property expert and author.
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Real Estate News
Momentum in Australia’s property market continues to build: CoreLogic
Core Logic's December data points to a strong 2021, with
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Real Estate News
Property boom predicted for 2021
Five out of 8 Australian capital cities are likely to produce double-digit house price growth in the 2021 calendar year while forty (40) or more non-capital city locations will crack 20 percent capital growth over this 12-month block according to Propertyology’s Simon Pressley. Pressley says the history books will show that an Australian property boom commenced in Q3 2019 and,…
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Elite Agent
Auction results indicate a race to the 2020 finish line
The final weekend of property auctions for 2020 proved there is still impetus and interest in the market, with this weekend's high volume matched by an equally impressive preliminary clearance rate. With the Christmas break now under way, Domain is the only source providing auction results. They have reported…
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Thought Leaders Podcast
Generation next: Matt and Luke Lahood
In this episode of the Elevate Podcast, Matt and Luke Lahood discuss family, how the younger generation helped the industry adapt to the changes of COVID-19 and why this Christmas will be a very different real estate event.
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Elite Agent
Best of the Best Report shows 2020’s biggest property market winners
CoreLogic’s Best of the Best 2020 Report reveals Australia’s $7.2 trillion residential real estate market proved remarkably resilient.
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Real Estate News
REIA welcomes State of the Nation’s Housing Report
The National Housing Finance and Investment Corporation (NHFIC) has released its first flagship report producing five-year projections for housing supply and demand across Australia’s major cities and regional areas.
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FEATURE INTERVIEWS
William Bonnici: Unstoppable success
In fact, it’s the cornerstone of his business, First National Bonnici & Associates, in Wodonga, in north east Victoria. An agent with 15 years experience in real estate, William has developed a firm ethos over the years that many hands pulling in the same direction will achieve greater results, in…
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Real Estate News
REIA re-elects Adrian Kelly and Haydn Groves at 2020 AGM
2021 will be a year to watch says newly re-elected Real Estate Institute of Australia President Adrian Kelly. Both Mr Kelly and incumbent Deputy President Haydn Groves were re-elected to their positions at the AGM held last week. In addressing the AGM, Mr Kelly said although it’s been a difficult year, property values have largely held in all regions and…
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Elite Agent
Auction activity shows no sign of a Christmas slump
Auction activity ramped up this week with CoreLogic reporting 2537 homes were taken to auction across the combined capital cities.
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Elite Agent
Return to CBDs should be a New Year resolution
Office occupancy in major CBDs is still well below pre-COVID pandemic levels, and most building owners or managers do not expect to see an increase in CBD office occupancy for three months or longer.
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Elite Agent
Capital city home prices go up in a ‘resilient’ Australian property market
Median house prices in all Australian cities increased by 0.4 per cent during the September quarter, despite the effects of COVID-19.
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Elite Agent
Is this the beginning of Australia’s biggest rental boom?
Possibly the most important story for Australian real estate in 2021 will be an all-time record high increase in household rents and a dire shortage of accommodation for people to live in. Australia will not experience a real estate Armageddon but the biggest rental boom in living memory is currently…
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Elite Agent
Michael Coombs: Selling real estate by numbers
Flashing in bright red text on a charcoal background is the figure $1,600,000,000. No, it’s not the prize the latest lotto winner has scooped, but the total value of properties Michael Coombs has sold. It’s an enviable figure by anyone’s standards and one that sits proudly on the LJ Hooker Avnu founding partner’s website biography. When it comes to prestige…
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Real Estate News
Sydney and Melbourne set for high capital growth in 2021
Pete Wargent, COO of property buyer's agent platform BuyersBuyers.com.au, says that the housing market landscape has shifted quickly over the past three months, with prices now rising across the capital cities and buyer sentiment surging. Mr. Wargent of BuyersBuyers.com.au said 'enquiry has picked up strongly over the past six weeks,…
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Real Estate News
Auctions clock 75.1 per cent preliminary success rate
The preliminary clearance rate is sitting at 75.1 per cent after a weekend that saw 2065 auctions held across the capitals. CoreLogic notes the volume is down slightly on the week prior when 2168 auctions were held, but the initial success rate has risen from last week’s 73.9 per cent,…
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Real Estate News
Almost $30 million worth of property sold at Ray White prestige auction
Ray White hosted its annual prestige auction event in Brisbane on Saturday, with Ray White New Farm, Ray White Bulimba, Ray White Spring Hill, and Ray White East Brisbane joining forces to sell seven properties under the hammer for close to $30 million. Temperatures soared throughout the city, as did the heat of competition at the trendy hotel in Fortitude…
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Thought Leaders Podcast
How to empower your team for growth: Sunil Kumar
Sunil Kumar is the founder and CEO of Reliance Real Estate – a brand which is renowned for fast-paced growth driven by an ethos of empowerment.
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