Search Results for: melbourne
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Real Estate News
Housing affordability best since 1999
Housing affordability is the best it’s been in 20 years, according to the latest HIA figures. HIA Senior Economist Geordan Murray said the figures, gathered from the HIA Affordability Index for the June 2019 quarter, are thanks to a combination of lower home prices, improvements in wage growth and lower interest rates. “For a home buyer with an average income purchasing…
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COMMERCIAL
Ray White Ballarat office celebrates 30 years
Working in production at his local TV station in 1984, Phillip Lee was wondering where his career would sit in 10 years. Little did he know, he’d go on to become a Ray White Ballarat Director and embark on a 30-year career with close friend and fellow Director Trevor Booth. “All around me people were moving to the ‘Big Smoke’…
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We Are Real Estate
Spiro Drossos: Going off-script
With 17 years’ experience under his belt, Barry Plant’s Spiro Drossos reveals why it’s important to have real conversations and to think like a customer – not a real estate agent. On getting into real estate As a kid I was always intrigued by and interested in real estate. This, together with my strong customer service background, made real estate…
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Real Estate News
OBrien Real Estate extends its network into Melbourne’s eastern suburbs
OBrien Real Estate has welcomed a well-known local family agency to its growing network in Victoria, with the Molinaro family joining the brand. The Molinaro family business has been established for more than 30 years in the City of Whitehorse, and will join the OBrien family from July 8, operating from a state-of-the-art, brand new office in Blackburn. Husband and…
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INDUSTRY NEWS
Property prices start to recover in Sydney and Melbourne
There are some positive signs for property prices on the East Coast as both Sydney and Melbourne have posted monthly gains for the month of June. Values in Australia’s two major housing markets were up 0.2 per cent in Melbourne and 0.1 per cent in Sydney for the month, according to the latest figures from CoreLogic’s Hedonic Home Value Index.…
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Real Estate News
Melbourne agencies Thomson Murrumbeena and Gary Peer & Associates join forces
Melbourne agencies Thomson Murrumbeena and the Gary Peer group have joined forces, providing the local market with over 90 years of combined local experience and expertise. Thomson Murrumbeena directors David Thomson, Anthony Lee and Felicity Thomson will all remain on board, focusing on their traditional areas of expertise. Mr Thomson will join the local Gary Peer sales team at 42…
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Real Estate News
New owners for RE/MAX on Bribie Island
It’s truly a family affair for the new owners of RE/MAX Advanced, who said they are armed with a clear plan to grow their team in response to the confidence in the Bribie Island property market. David and Karen Wereszczuk are part of the office’s success story, having worked in the team for the past two years as senior sales…
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Real Estate News
Tom Esze hammers it home to take out REIWA’s Auctioneering Championships
Tom Esze from Tom Esze Auctions has taken out the Gift of the Gavel at the annual REIWA Auctioneering Championships this week. Held at the Wembley Golf Course, the 2019 championships showcased Western Australia’s best talent in the auction space under two categories – novice and senior. REIWA President Damian Collins said as auctions continue to grow momentum for the unique…
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FRANCHISE NEWS
Buxton and Beller form formidable partnership
Two of the most established companies in Victorian real estate, Buxton and Beller, have announced they will join forces under the Buxton brand. The Beller Group’s Windsor office, founded in 1994 and led by Beller Group Director Andrew Fawell, will on July 1 become Buxton Stonnington, bringing the company to a total of 24 offices across the state. While the…
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How to Lead a Winning Team in 2018
Airbnb property management startup Hometime just scored $6 million from a new VC fund that offers debt
Sydney-based Airbnb property management services company Hometime has landed a $6 million debt and equity funding deal with Australian technology venture capital firm OneVentures. It’s the first deal from the new $100 million OneVentures Fund, launched less than 12 months ago. The fund is a partnership between OneVentures and Viola, the technology-focused Israeli venture credit fund. It’s also one of…
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Elite Agent
Clock’s tickin’ – Qld and SA in recovery as NSW continues its decline, according to Herron Todd White
The Sunshine Coast and Bathurst are among areas sitting at the top of the property clock, bucking a trend which sees most of New South Wales in a steady decline, while much of regional Queensland begins its recovery. These are the latest insights from independent valuation and advisory firm Herron Todd White who also had some good news for much…
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Real Estate News
Agency director Sophie Lyon wins $60,000 to reinvent the rental experience
realestate.com.au has announced Jellis Craig Hawthorn Director, Sophie Lyon, is the winner of the inaugural Real Ideas Prize. The nationwide competition saw real estate industry professionals reimagine the rental experience in Australia and had a total prize pool of $100,000 up for grabs. Ms Lyon pitched ShowMeNow – an Uber style concept designed to make it easier for tenants looking…
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Real Estate News
Crown Group property developers’ sales rebound
Australian property developer Crown Group says the Reserve Bank’s latest rate cut is welcomed by developers and is seeing a return of confidence among home buyers and property investors. Chairman and Group CEO Iwan Sunito said he had seen a surge in both confidence and buyer activity in the past two weeks, as a result of the federal election outcome.…
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Real Estate News
Stanton Hillier Parker relaunches Australian real estate arm
Stanton Hillier Parker has announced it will re-open its real estate arm in Australia. The business will be under the guidance of new management, offering boutique property advisory services to a diversified range of clients Australia-wide. Stanton Hillier Parker was originally formed via the merger of Hillier Parker, first established in 1896 in the United Kingdom, and Stanton & Sons…
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Real Estate News
Housing downturn losing steam: CoreLogic
The CoreLogic May 2019 home value index results have shown national dwelling values were down 0.4 per cent, the smallest month-on-month decline since May 2018. Although at a broad level dwelling values are still trending lower across the regions of Australia, the pace of declines eased further in May, continuing a trend that has been evident since the beginning of…
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Real Estate News
First National recognises more young leaders
First National Real Estate has recognised four more young Australians for their community leadership by presenting them with the First National Real Estate Leadership & Innovation Awards through the 2019 Seven News Young Achiever Awards. The winners announced across four states at separate awards functions included: Victoria – Yasmin Poole, 20, of Williamstown (First National Leadership Award) Yasmin is the…
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Real Estate News
Buxton Hampton East welcomes return of Alex Spanidis
The return of Alex Spanidis has strengthened the team at Buxton Hampton East. Having previously worked at the office for 13 years, Alex is a distinguished agent and auctioneer with almost 20 years experience, particularly in Melbourne’s bayside suburbs. Buxton Hampton East Director Adam Gillon said the office is thrilled to be welcoming him back to what is already an exceptional team.…
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Real Estate News
One Agency reports strong start to 2019
Sydney-based Trans-Tasman network, One Agency, has reported a strong start to the year, already adding a dozen new members to the network with more on the way. CEO and Founder Paul Davies said the group continued to attract former franchised offices seeking a less constrained, more cost-efficient environment. “In both New Zealand and Australia we are also seeing a number…
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Real Estate News
New software solution launched with Jeffery Gray as CEO
Jeffery Gray has been appointed the CEO of a new end-to-end real estate software solution called Propic. Mr Gray has previously worked with companies such as Dexar Group and will now work alongside Propic COO Peter Hutchison, leading a team of 40 with offices in Sydney and Melbourne. In a statement, the company noted that to date, Software as a…
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INDUSTRY NEWS
Luke Banitsiotis claims auctioneer title for second consecutive year
Luke Banitsiotis of Woodards Blackburn has won the title of 2019 REIV Senior Auctioneer of the Year for the second year in a row. Organised by the Real Estate Institute of Victoria (REIV), the Senior Auctioneer of the Year Competition is a two-day event, testing auctioneers on their knowledge of best practice and legislation. It also tests their performance in a…
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Elite Agent
You win or you learn
Real estate is a tough gig mentally, emotionally and sometimes physically too. Taking time out to focus on yourself outside of work hours can make a world of difference to how well you perform when you’re on the clock and the pressure is on. For many successful agents, the best ‘R&R’ is exercise, and they find the practice of religiously…
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Real Estate News
Victoria’s best auctioneers battle it out
Some of the best auctioneers from around Victoria will battle it today for their chance to compete in the Australasian Auctioneering Championships in October. The Senior Auctioneer of the Year Competition, organised by the Real Estate Institute of Victoria (REIV), is a two-day event, testing auctioneers on their knowledge of best practice and legislation. It also tests their performance in…
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Real Estate News
Callum MacPherson joins Ray White Frankston
High performing agent Callum MacPherson has joined Ray White Frankston in the outer south-east region of Melbourne. Mr MacPherson said he has enjoyed a passion for property and the region since he was a child. “I was born and raised in the Frankston region, and I wouldn’t choose anywhere else to raise my own family now,” he said. Ray White…
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Real Estate News
The future of rent – Real Ideas Prize finalists revealed, it’s time to cast your vote!
The competition to discover inspiring ideas that move the rental experience forward has now entered its final phase, with the public invited to have their say on who should win the Real Ideas Prize. Five entries were chosen to make the shortlist for the award after an overwhelming amount of entries were received nationwide. These finalists were recently given the…
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Real Estate News
International House Sydney: Rider Levett Bucknall Australian Development of the Year
Lendlease has claimed the nation’s top property prize, receiving the Rider Levett Bucknall Australian Development of the Year award for their innovative timber marvel, International House Sydney. Lendlease was presented with the accolade at the Property Council of Australia / Rider Levett Bucknall Innovation and Excellence Awards in Sydney on Friday. “International House is not only a construction industry ‘game…
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Real Estate News
McGrath continues Victorian expansion with a new Greensborough office
McGrath has continued its Victorian growth strategy with the opening of a new office in Greensborough located in Melbourne’s North-East. This will be the company’s 12th Victorian office since first entering the state in December 2015. McGrath Greensborough Eltham will be led by joint Principals Ben Flannagan alongside his father Brent. The Flannagans have operated a family-led real estate business…
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Real Estate News
OBrien Real Estate stake a claim on Melbourne’s Monash corridor with Gareth Apswoude
OBrien Real Estate continues to expand its network in the Monash corridor of Melbourne with the addition of Gareth Apswoude and assistant Zoe Zhao. OBrien Managing Director Dean O’Brien described Mr Apswoude as a highly valued addition. “What we like about Gareth is he is straight talking, creative in his approach, customer focussed, confident and has a track record of…
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Elite Agent
Purple Rain: 7 marketing lessons for any business
Purplebricks spent roughly 900 days on Australian soil, reportedly spent roughly $200 million in marketing, yet couldn’t make their business model work. With my marketer’s hat on, here are what I hope are seven useful and practical lessons we can all take away from the experience. 1. There is no point branding unless you can convert Homer Simpson can’t live…
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Elite Agent
To market, to market
Bread, milk, butter and a house. That may seem like a highly unusual, if not impossible, shopping list but modern technology has combined with the smarts of a Melbourne real estate innovator to make it possible to buy a home at the same time as picking up the groceries. Market Share Property’s David Stewart won the Game Changer of the…
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Real Estate News
Victorian high-achiever Anton Zhouk is set to go it alone
Victoria high-achiever Anton Zhouk has recently announced the launch of his own agency, Anton Zhouk. Based in the Melbourne suburb of Hawthorn, Mr Zhouk said he chose to set up shop there because he loves the area and would like to offer the client base something different. “We have no interest in being known as the agency who sells the…
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Real Estate News
The worst could now be behind us: CoreLogic
CoreLogic has released the home value index results for April 2019, confirming that the decline in home values has lost some momentum over recent months. Dwelling values across Australia continued their downward trajectory in April, falling by half a per cent over the month to be down -7.2 per cent over the past twelve months, and -7.9 per cent lower…
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Real Estate News
OBrien Real Estate expands its network
OBrien Real Estate has launched a regional model into its network with the addition of Judith Wright in Melbourne’s Phillip Island. The merge comes as part of OBrien’s new strategic regional model, which it plans to drive through key regions across Victoria. According to OBrien Real Estate’s General Manager, Jason Mudford, the company is giving independent brands the opportunity to…
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Real Estate News
Game Day: realestate.com.au launches new sponsorship campaign
realestate.com.au has launched a new sponsorship campaign to support its wider AFL partnership. The Other Saturday Game was produced by sports and entertainment agency Octagon and highlights the role that sport and property plays as two of Australia’s great obsessions. The campaign features former Sydney Swans and Melbourne Demons coach Paul Roos, AFLW star and Channel Seven commentator Daisy Pierce and West…
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OPINION
Negative gearing is not the biggest issue our property market faces: Charles Tarbey
The Australian property market has been consistently disrupted by false and misleading predictions which coupled with a widespread tightening of credit policy has created the real issue impacting our industry. A fallout from the Banking Royal Commission saw banks apply stricter lending requirements that made it difficult for consumers to obtain finance, particularly for investors. Whilst I have the greatest…
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Real Estate News
WeWork and REA Group join forces to help more people work, their way
REA Group has announced a partnership with global shared workspace company, WeWork, to bring flexible, collaborative workspaces to Australians. The relationship will see WeWork’s Australian listings advertised across REA Group owned and operated commercial property sites, Spacely and realcommercial.com.au. Spacely will showcase all of WeWork’s 16 open Australian locations, including 120 Spencer St, Melbourne, and 50 Miller St North, Sydney.…
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