Search Results for: melbourne
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Real Estate News
Preliminary clearance rate increases to 71.7 percent, while auction volumes remain steady
National auction clearance results for the week ending 20/08/2017 courtesy of CoreLogic Volumes continue to track higher than what was seen over the corresponding July-August period last year. Across the two largest markets, Melbourne’s preliminary clearance rate rose this week (77.7 percent), after last week’s final results saw a weakening in the rate of clearance, falling below 70 percent for the first…
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INDUSTRY NEWS
realestate.com.au unlocks homes of the future
Future Homes, created by Neighbourhood Films for realestate.com.au, showcases the convergence of changes across architecture, technologies, population and socio-cultural trends. From the tiny house movement to the latest in smart homes, realestate.com.au Creative and Video Manager Monique Knoblanche said the video series was an exploration into the progressive change taking place in the way we live in our homes. “We…
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INDUSTRY NEWS
CoreLogic Property Pulse: housing stock under $400k declines
New research by CoreLogic shows properties in the $400,000 price bracket have declined. The research shows that across Australia, 31.2% of houses and 37.3% of units sold transacted for less than $400,000. By comparison, a year ago the proportions were recorded at 32.8% for houses and 38.6% for units. A decade ago, 62.4% of all house sales and 68.9% of…
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Real Estate News
ActivePipe big winners in Australian Business Awards
Melbourne-based technology start-up ActivePipe has been recognised as an ABA 100 Winner in the Technology Innovation, Marketing Innovation and Software Innovation categories of the Australian Business Awards 2017. ActivePipe specialises in automated communications for real estate and has created technology to improve the way real estate agents communicate with their customers. Now in their fifth year, The Australian Business Awards…
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Real Estate News
Auction volumes highest they’ve been for 6 weeks with a low 70’s clearance rate.
National auction clearance results for the week ending 13/08/2017 courtesy of CoreLogic This was the largest number of auctions held since the last week of June 2017 and approximately one third higher compared with the same week a year ago. However, as more results are collected it is expected that the final auction clearance rate will be revised lower to remain within…
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Elite Agent
Reviving Industry Wellness: Why the Real Estate Industry Needs to Take Action
AS PROVIDERS OF PROFESSIONAL services, the wellness and well-being of people in real estate needs to be a core consideration of industry sustainability. We’ve been focused on the digital and the dollar while a silent epidemic affecting the physical and emotional health of our agents, principals and property managers appears to have crept in at higher rates than other industries.…
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Real Estate News
Walk A Mile In Their Shoes 2017 set for 1 September
At eight locations across Australia, Harcourts staff, family, friends and supporters will ‘walk a mile’ in women’s heels to show solidarity and bring awareness of violence against women. Raising funds through the group’s charitable arm, The Harcourts Foundation, all monies raised will support White Ribbon’s ‘Breaking the Silence’ prevention initiatives in primary and secondary schools. The fifth annual event aims…
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Real Estate News
CoreLogic Property Pulse and auctions 10 August 2017 – Million Dollar Sales at Record Levels
Research by analyst Cameron Kusher shows that the cost of housing has continued to rise in most parts of the country over the past 12 months. He said, “Bracket creep should come as no surprise in markets like Sydney and Melbourne, where dwelling values have increased by 77 per cent and 61 per cent respectively over the past five years.…
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FRANCHISE NEWS
Young talent shines at hockingstuart awards
Taking out the coveted Franchise of the Year award was hockingstuart Armadale. The office’s vendor NPS of 62, a strong market share, increase in sales value, and outstanding customer service and staff engagement earned them the prestigious title. The office also received the Most Improved Market Share award, reflective of the team’s burgeoning talent, with young-guns Jack Richardson (reigning REIV Novice…
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SUPPLIER NEWS
view.com.au launches new Property Price Estimates tool
In preparation for the upcoming spring selling season, view.com.au (formally known as realestateview.com.au) have launched a new data-driven portal that will empower buyers, sellers, and renters by giving them access to detailed property insights. The new portal features an insights tool called Property 360, which includes over 10 million properties that allows people to track the value of their home, calculate…
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Real Estate News
Auction volumes were down in the first week of August however preliminary clearance rate was higher
National auction clearance results for the week ending 06/08/2017 courtesy of CoreLogic The preliminary auction clearance rose to 71.5 percent, after last week saw the final auction clearance rate fall slightly to 68.7 percent (revised lower from a preliminary clearance of 70.7%). Over the last month, auction volumes have remained relatively steady and while clearance rates have shown a softening, final results…
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FRANCHISE NEWS
Darwin agent Adam McCann named top Raine & Horne salesperson
Darwin sales agent Adam McCann was named Raine & Horne group’s top salesperson for this financial year. The leading Darwin firm commands 12 per cent market share of the property rental market and a 22 per cent share of the sales market. Mr McCann received his award at the 40th annual Raine & Horne Awards held at the Darwin Convention Centre…
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Real Estate News
360 Rooms app allows creation of virtual tours for properties
Real estate agents and property managers can now create their own immersive virtual tours in less than 10 minutes, for only $10 each, using the 360 Rooms app. The app is free to download and pairs with the Ricoh Theta S camera to instantly capture 360 photos and stitch them together into a seamless virtual tour. The tours can be…
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INDUSTRY NEWS
CoreLogic home value index shows house prices jumped 1.5 per cent across capital cities in July
Melbourne house prices jumped 3.1 per cent in July and have been the key driver in the 1.5 per cent increase in combined capital city dwelling values for the month. CoreLogic’s latest home value index shows house prices rose in Sydney by 1.4 per cent, while Canberra prices jumped by 2.4 per cent but fell in Brisbane (-0.6%), Perth (-1.3%)…
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Real Estate News
HIA: New home sales hit lowest level since 2013, while housing affordability continues to decline
New home sales in Australia’s largest states hit their lowest level since October 2013, with sales sliding in both the detached house and multi-unit sides of the market, according to the latest HIA New Home Sales Report. New homes sales declined by 6.9 per cent in June compared with the previous month and were 11.9 per cent lower than the…
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INDUSTRY NEWS
RE/MAX explodes into new financial year
RE/MAX Australia began this financial year with the same growth pattern as the end of the previous year with a new office signing each week over an eight-week period in June and July. “RE/MAX has arrived in Hendra and Seventeen Mile Rocks in Brisbane, Hoppers Crossing in Melbourne and Baulkham Hills in Sydney this month, said Franchise Director Joel Davoren.…
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Real Estate News
Auction volumes continue to increase as preliminary clearance rate scrapes above 70%
National auction clearance results for the week ending 30/07/2017 courtesy of CoreLogic Auction clearance rates have seen a slight improvement across the combined capital cities over the month of July, with the final clearance rate over the last two weeks just falling short of the 70 percent mark. Auction volumes were higher this week with 1,957 homes taken to auction across the…
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INDUSTRY NEWS
CoreLogic Property Pulse and auctions 27 July 2017 – renting on the rise and homeownership declining
CoreLogic research analyst Cameron Kusher said analysis of recent Census results show the proportion of properties rented has been trending higher, increasing from 29.6% at the time of the 2011 Census and 27.2% at the time of the 2006 Census to reach 30.9% of all dwellings in 2016. “While the proportion of dwellings being rented is climbing, the proportion of…
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Real Estate News
Harcourts reports record $98 million in June sales in Tasmania
Interstate buyers and the demand for prestige properties have boosted sales in Tasmania, with Harcourts Group reporting a record $98.1 million in sales during June. “It was our biggest month ever, and represents an increase of almost three per cent over our previous record month,” said Harcourts Tasmania CEO Tony Morrison. “There have been some significant residential sales to attribute…
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Real Estate News
Ray White has biggest year yet with $44 billion in sales
Ray White Group have reported their biggest-ever year with $44.7 billion in sales in 2016-17, up four per cent on the previous fiscal year. The Ray White Group’s sales market share in Australia and New Zealand improved 0.15 per cent to 10.3 per cent in the year to June, and with around 15 per cent of the auction market. Ray…
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INDUSTRY NEWS
New listings higher than year ago while total listings lower: CoreLogic
The number of new listings is higher than a year ago but the total number of listings is lower, according to CoreLogic data. The number of properties advertised for sale is now showing substantial differences between regional and capital city markets, as well as between individual capital cities. Research analyst Cameron Kusher noted that comparing the capital city and national…
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INDUSTRY NEWS
REIWA: Perth properties selling faster by auction than private treaty
Perth sellers struggling to sell should look at going to auction, with the Real Estate Institute of WA revealing it was 42 days faster to sell by auction in the metropolitan area than by private treaty in the three months to June. REIWA President Hayden Groves said that, while auctions represented a small component of the Perth property market, those…
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Real Estate News
Survey finds 7 out of 10 Australians believe market for Airbnb is growing
The quarterly report released by And Chill Property Management – Australia’s leading Airbnb management agency for property investors – is derived from survey responses from 1,200 individuals across Melbourne and Sydney. The Short Stay Confidence Index report examines the sentiment around the growth of the Airbnb market as well as the willingness for property investors to list their homes on…
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Elite Agent
How to Stand Out and Get More Listings with LinkedIn
Personal brand is everything in real estate, and one of the best (and underused) ways is to launch, grow and amplify your profile through linkedin.com. LinkedIn is the largest directory of professionals in the world, with over 3.6 million active users in Australia. Colin Anstie of Raging Digital explains how you can make it work for you. Creating a good…
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Real Estate News
Cute toddler photobombs listing photos
How do you get more people to look at your listing? Simple. Just add a cute toddler. That’s what Bell Real Estate agent Rebecca Halit learned when three-year-old Henry photo bombed the listings photographs, propelling the house at 17 Glen Harrow Heights Rd in Belgrave to international stardom. The McAdam family listed their three-bedroom home, located in Belgrave just outside…
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Real Estate News
CoreLogic Property Pulse: How did the housing market perform over the financial year?
Research by CoreLogic has confirmed that over the past 20 financial years combined capital city dwelling values fell just twice. Over the last twelve months, CoreLogic found that combined capital city dwelling values increased by 9.6 per cent, which was actually greater than the 8.3 per cent rise over the 2015-16 financial year. According to research analyst Cameron Kusher, combined…
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Real Estate News
Govt crackdown may open up $100m worth of property, but will come with a cost: Gunning
Limiting foreigners from buying property in Australia is xenophobic, according to the Real Estate Institute of Australia president Malcolm Gunning. Mr Gunning’s comments come following the news of the Government’s crackdown on illegal foreign property purchases, which could open up more than $100 million worth of property. The hurdles placed in front of foreign buyers are significant and are working,…
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Real Estate News
Auction volumes lower with 1600 properties taken to auction, returning a stronger preliminary clearance rate of 72.4 percent
The number of homes taken to auction across the capital cities has fallen for the 4th week in a row, with just 1,612 auctions held this week, down from 1,766 last week, although higher than this time last year when 1,391 properties went under the hammer. National auction clearance results for the week ending 16/07/2017 courtesy of CoreLogic The combined capital city…
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Real Estate News
Confidence Surges With Peak In Residential Construction: Master Builders
The boom in residential building activity is reaching its crescendo with key indicators showing residential builders in the south eastern states enjoying near pre-GFC conditions. “Master Builders National Survey of Building and Construction shows business confidence continued to improve in the June quarter, recording an index score of 60, the most positive result since June 2015 – an index score…
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Real Estate News
Melbourne market sees solid June quarter growth: REIV
The cold weather hasn’t dampened Melbourne’s property market with the citywide median house price increasing for the fifth consecutive quarter. New REIV data shows the metropolitan Melbourne median house price rose 2.9 per cent in the three months to June 30, to $822,000. The city’s middle and outer suburbs were the main growth drivers in the June quarter with both…
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Real Estate News
Ray White reports increase in results for June 2017
Ray White this week released the White Paper which reflects on annual results and reported a total of $4.3 billion in sales across the Group for the month of June 2017. This result is a 20 per cent increase on last June’s results, which is notable given that June is normally a slower month and there was plenty of distraction last…
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Elite Agent
Psychology expert says working remotely has benefits
Offering your employees the option to work remotely should be standard practice rather than a perk, and is the key to implementing the practice successfully. This is the message a workplace psychology expert will give the APS College of Organisational Psychologists Conference in Sydney today. Workplace psychologist George Mylonas MAPS says that in the right circumstances remote work, or telecommuting…
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Elite Agent
Time for swift action on building products and safety: Andrew Cocks
There’s an important lesson to be learned from the agreement reached between the South Australian Government and Tesla to build the world’s largest lithium-ion battery, and it’s got nothing to do with climate change, sustainability or energy security. It’s about the speed at which it has progressed from an idea on Twitter to an actual signed agreement with completion date.…
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Elite Agent
Tradition and Innovation: Toop&Toop Real Estate
Toop&Toop Real Estate, one of South Australia’s leading real estate agencies, has been recognised with three major awards at the 2017 Real Estate Institute of Australia (REIA) National Awards for Excellence in Canberra. From humble beginnings, this family business has gone from strength to strength since its inception in 1985. Sisters Suzannah Toop, CEO of Property Investment & Finance, and Genevieve…
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Real Estate News
Auction volumes continue downward trend returning a preliminary clearance rate of 70.7 percent
The combined capital city preliminary clearance rate increased to 70.7 percent this week, up from 67.3 percent last week, while auction volumes fell week-on-week. There were 1,751 properties taken to auction this week, down from 2,001 last week. National auction clearance results for the week ending 09/07/2017 courtesy of CoreLogic Auction volumes were higher than this time last year when 1,399 auctions…
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