Search Results for: melbourne
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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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Real Estate News
REA Group announces strategic partnership with 58 Group in China
REA Group have announced a strategic partnership between their online platform Myfun and one of China’s leading online real estate listing platforms under 58 Group, Anjuke. The partnership will allow Myfun to further expand its footprint in mainland China, while enabling Anjuke to provide international properties to Chinese users. As part of the partnership, Myfun will syndicate Australian residential properties,…
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Elite Agent TV
Strong demand and low unemployment provide a positive property outlook
The latest property outlook from realestate.com.au indicates that the current market downturn is ‘far from the worst we’ve experienced’. Some uncertainty for buyers and sellers will continue in the lead up to the Federal Election whereby a Liberal win should see stability for the market, but a change in government would continue to see values fall along with above market…
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Real Estate News
Rent yields across Australia rise over the first quarter of 2019: CoreLogic
The first CoreLogic Quarterly Rental Review for 2019 has been released, with results showing a national increase in yields over the past three and 12 months. According to CoreLogic Research Analyst Cameron Kusher, gross rental yields for the first quarter are at 4.10 per cent compared to 3.95 per cent in the previous quarter and 3.77 per cent a year…
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Real Estate News
realestate.com.au has launched ‘How to Home Loan’ – a video campaign
realestate.com.au has launched a new video series to help first-home buyers navigate the challenges of securing finance and buying a home. The tongue-in-cheek series, called How to Home Loan, stars Jess Harris and explores the everyday frustrations that come with the home-buying journey. From daunting bank meetings to maintaining the avocado lifestyle while trying to save, the five-part educational series…
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VIC Real Estate News
Study reveals economic and health benefits of denser suburbs
New research has shown that denser and more walk-able suburban developments keep chronic diseases at bay and deliver lifetime economic and health gains of $4,500 for every resident. The paper, published by RMIT University urban researchers in the International Journal of Behavioural Nutrition and Physical Activity, shows there is economic and health benefit to designing new suburbs with health objectives…
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Real Estate News
Victorian Government partners with Women’s Property Initiative to support the homeless
The Melbourne suburb of Ashwood has welcomed the opening of Brian O’Donnell House, which will provide long-term, affordable accommodation for vulnerable Victorians fleeing family violence. The new homeless accommodation was opened by the Victorian Minister for Housing, Richard Wynne, and is an initiative of the Victorian Homeless Fund. It is supported by the Housing Industry Association as well as generous…
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Real Estate News
Budget 2019 focused on a strong economy
Prime Minister Scott Morrison and Federal Treasurer Josh Frydenberg handed down the Federal Budget last night. With a Federal Election on the horizon, the centrepiece of the budget was a cash rebate pitch to middle income earners and no changes to taxation legislation this side of an election. It’s the second year in the row there was no mention of…
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Real Estate News
New appointment for McGrath strengthens Victorian proposition
McGrath Estate Agents has announced Karl Secondis will join the group in the newly created role of State Manager for Victoria, as the company looks to grow its footprint in the state. Mr Secondis, who previously held roles with Ray White Darwin and One Real Estate Darwin, called this move a natural progression for him. “I’ve always been inspired by…
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Real Estate News
Housing downturn loses some steam: CoreLogic
CoreLogic’s latest home value index results show the pace of declining property values in March eased relative to the past four months. Head of Research at CoreLogic, Tim Lawless, confirmed that the 0.6 per cent drop in March was the smallest of the month-on-month declines since values fell by 0.5 per cent in October last year. However, Mr Lawless noted…
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Real Estate News
Century 21 opens a new office in Balwyn, Victoria
Century 21 has expanded its Victorian network with Century 21 Reach. Located in Balwyn, 10km east of Melbourne’s CBD, the office is led by Principal Gilbert Ng, who brings to the brand 20 years’ of industry experience. Century 21 Reach will specialise in both residential and commercial property, and Mr Ng states that he is more than ready to take on…
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Real Estate News
Less than a week to go to submit your game changing idea: Real Ideas Prize
There is only less than a week to go before the entries for the Real Ideas Prize, hosted by realestate.com.au, closes. The Real Ideas Prize is a unique ‘shark tank’ style competition for anyone in the real estate industry to pitch an idea- no matter no big or small- to go in the running to win a share of $100,000…
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Real Estate News
What US$1 million buys you around the world: Knight Frank
The Wealth Report 2019, released this week by Knight Frank, reveals how much US$1 million can buy in prime cities around the world. The aim of the report is to approximate values for luxury properties globally, the study compares how many square metres of luxury internal floor space can be purchased with US$1 million as at 31 December 2018. Monaco…
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Real Estate News
McGrath have opened the doors to their newest office in Ballarat
Real estate group McGrath Estate Agents, a division of McGrath Limited (ASX:MEA), today announced the opening of an office in Ballarat. Reflecting the company’s desire to expand further into key areas in regional Victoria, this move follows McGrath opening its first regional office in Geelong in 2017. Founder and Executive Director John McGrath said that Ballarat is an important growth…
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Real Estate News
REIWA launches ‘What about WA?’ campaign
In the lead up to the federal election, REIWA has launched its ‘What about WA?’ campaign, which aims to ensure Western Australia is not overlooked when election commitments concerning the real estate industry are made. According to REIWA President Damian Collins, the government has had a track record of applying blanket national policy settings, targeted at the east coast, without…
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Thought Leaders Podcast
Episode 82: Dave Stewart – Transparent and time saving transactions
In this week's edition of the Elevate podcast, Samantha McLean catches up with industry gamechanger Dave Stewart. Dave is the AREA award-winning brain behind Market Buy, an online offer management system that is making it as easy for consumers to buy houses just like they're buying their groceries.
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Real Estate News
OBrien Real Estate celebrates cultural diversity in the industry
Melbourne-based OBrien Real Estate, a boutique agency with a 27-office network of over 300 people, is strong on multiculturalism. On 21 March 2019, the group celebrated its diversity with a meeting recognising an important part of the group’s uniqueness. It was a special time to come together to appreciate one another’s values and differences. “The gathering of our people was…
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INDUSTRY NEWS
Negative Gearing reform will increase rents and decrease values: SQM
If Labor’s negative gearing policy is legislated in its current form, expect a rise in rental yields which will occur through a combination of falling house values and, eventually, a rise in rents. That’s the headline from an update to an SQM Research (SQM) research paper released in November 2018, modelling the proposed Labor Party changes to negative gearing that…
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Real Estate News
Canberra takes the mantle as Australia’s most liveable city
Melbourne has for many years been regarded as Australia’s most liveable city. However, new data from realestate.com.au and Ipsos reveals that, when it comes to how residents actually feel about where they live, Canberra comes out on top. The realestate.com.au Life in Australia report, powered by Ipsos, is the nation’s largest annual ongoing study of community values and liveability. The…
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Real Estate News
Leon Lee and Jason Chen have merged with RE/MAX to create the newest RE/MAX ACPA office
Earlier this week, Leon Lee and Jason Chen merged their independent Point Cook real estate business with RE/MAX Australia to launch RE/MAX ACPA. “Joining the RE/MAX network was a conscious choice made on the value we can be to our customers,” said Mr Lee. “Being of value to the customer is at the heart of the real estate process, and…
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Real Estate News
Ray White wraps up biannual training event, Ignite 19
Ray White have kicked off the first quarter of 2019 with a bang, holding its biannual training event, Ignite19, in each capital city earlier this month. The exciting program features inspirational keynote speakers as well as special sessions to help agents excel. The focal messages of this year’s Ignite were to live a life beyond fear and how to adapt…
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Real Estate News
Colliers International and Ad Group have partnered to launch a First Home Buyers guide
Melbourne-founded property technology business, AD Group have partnered with Colliers International to promote their First Home Buyers Guide to buying off-the-plan in NSW, a manual for first-home buyers to assist them in entering the NSW property market. ‘We are really proud to have developed Colliers International First Home Buyers Guide,” said Dennis Vertzayias, National Director, Head of NSW Residential Project…
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INDUSTRY NEWS
realestate.com.au launch new competition to re-imagine the rental experience
realestate.com.au have today launched The Real Ideas Prize, a new ‘shark tank’ style competition for those who work in real estate to pitch their big idea on how to improve the rental experience. Contestants from around the country will have the chance to win a share of $100,000 and access to leading industry mentors to help bring their idea to…
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Real Estate News
The Barry Plant network continues to expand with six new offices in Victoria
The Barry Plant Group is opening six new offices in Melbourne and regional Victoria in the first quarter of this year. The group has attributed this expansion to continued trust in the reputation of the group by vendors, investors and agents alike. Strengthening its existing network in regional Victoria, the group is excited to add offices in Shepparton, Nagambie and…
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INDUSTRY NEWS
Jellis Craig launches innovative suburb reporting
Victorian boutique group Jellis Craig have launched an innovative resource to help buyers and sellers make informed property decisions. Suburb Reports are based on data sourced through Core Logic and are designed to provide potential and existing clients with up-to-date market insights while helping to drive leads for the group. Jellis Craig CEO Nick Dowling believes that the new reports…
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INDUSTRY NEWS
March 2019: RBA rates unchanged, industry responds
Yesterday (5 March 2019), the RBA Board decided to leave the cash rate unchanged at 1.50 per cent for its 27th consecutive meeting. Here’s a quick rundown of what went down! With respect to the housing market: After the earlier large run-up in prices, the adjustment in the Sydney and Melbourne housing markets is continuing as conditions remain soft in…
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Real Estate News
Real Estate Results Network have announced the winners of the Australasian Real Estate Results Awards (ARERAs)
The top-performing independent real estate agents throughout Australia and New Zealand have been recognised at the 13th annual Australasian Real Estate Results Awards (ARERAs). Hosted by industry coaching and training body Real Estate Results Network (RERN), this year’s awards saw strong competition in all award categories. The coveted award for Agency of the Year (metro) was given to Melbourne agency…
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Real Estate News
CoreLogic Home Value Index: Downward trend continues in February
CoreLogic released its February home value index results showing a a fall of 0.7%, across the combined capitals increasing the cumulative decline to -6.8% since values last peaked in October 2017. Head of research at CoreLogic, Tim Lawless said, “The fact that we are seeing weakening housing market conditions across regions where home values were previously rising at a sustainable…
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VIC Real Estate News
Victorian buyers agent announces tech report card grading system for prestige properties
A property inspection portal has been launched claiming to help future home buyers narrow down their search to almost half the time it would normally take. The portal is the brainchild of national buyer agency start-up BuyerX, who say they are attempting to transform the home-buying experience by combining local area specialisation smart technology. The new venture called airopens is…
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Real Estate News
Co-living company Hmlet expands into Australia
Singapore-based co-living company Hmlet (pronounced ‘Hamlet’) has announced its March debut into the Australian market with the launch of two co-living properties in the Sydney suburbs of Newtown and Marrickville. This latest move marks the company’s second overseas location outside Singapore, with Hmlet on track to quadruple its members to more than 2,400 across Asia Pacific by the end of…
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Brand Editorial
Dominating the buy side: Ben Auchettl
It’s all about understanding what your potential buyers look like. And then putting the right information in front of them at the right time. That is the clear message from Ben Auchettl, who keenly watches enough facts and stats direct from the realestate.com.au platform to understand what branding and advertising strategies are working right now. And, he says, it’s being…
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Real Estate News
How property values impact economic growth
Here’s a breakdown of the minutes from that meeting and how different economic factors may affect the property market. With respect to GDP and economic growth, the attendees noted that The September quarter national accounts were released the day after the December meeting, with figures showing that growth in real GDP of 0.3 per cent in the quarter and 2.8 per cent over…
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Real Estate News
Former Ray White CEO returns to the coalface
Domenic Belfiore is already making an impact less than a month into his new role as Ray White Werribee director. It’s a change of pace for Mr Belfiore, who resigned as CEO of Ray White Victoria and Tasmania in January after four years at the helm. Recognising opportunity and potential for great growth, Mr Belfiore enthusiastically commenced work in his new role…
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Real Estate News
Ray White announces new head auctioneer for Victoria and Tasmania
Ray White Victoria and Tasmania has strengthened its focus on selling properties under the hammer with the announcement of Matthew Condon as Chief Auctioneer. Mr Condon started in the role this month, however his ties with the Ray White Group date back two years to when he started in the business as a national skills trainer, educating agents on successful…
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Real Estate News
Three reasons you should register for Momentum 2019
realestate.com.au has announced a new and exciting format for Momentum 2019. The series will return to Brisbane, Sydney, Melbourne, Canberra, Adelaide and Perth in March. On the line up this year is world renown motivational speaker Yossi Ghinsberg, as well as Amanda Stevens and of course Steve Carroll, realestate.com.au’s Head of Industry Relations. There will also be breakout streams for…
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