Search Results for: urban X
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Elite Agent
A demand for detached housing will ‘pull the economy forward’: HIA
A renewed interest in detached housing will put our economy into recovery mode, according to HIA's Chief Economist Tim Reardon.
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Elite Agent
Top student housing company offers 20,000 quarantine spots to rebuild industry
A recent report on the $32 billion international student industry paints a dire picture.
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Elite Agent
Flexible leases and satellite spaces: the future of office real estate
The findings note the expectation is that physical office spaces will play a key role as a hub, rather than simply a place to work. As a result, real estate will shift to offer flexible leases, and co-working spaces.
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INDUSTRY NEWS
Clearance rate holds firm as volume continues to increase
The preliminary clearance rate continues to hold firm, reaching 73.2 per cent on the back of higher volume this week, with CoreLogic noting there appears to be momentum building in the property market. Their data indicates 1758 homes were taken to auction across the combined capital cities this week, which is slightly higher than the previous week when 1747 auctions…
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OPINION
$1 billion per year (or less) could halve rental housing stress
COVID has shown us what’s possible when it comes to alleviating poverty. For six months JobSeeker payments were doubled and then maintained at a level 50 per cent above normal. When the bonus finishes at year end it is likely to be permanently increased for the first time in almost 30 years. Commonwealth rent assistance could do with the same sort of attention. Rent assistance…
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Elite Agent
New boutique agency in Noosa taps UrbanX platform
Working with a team of like-minded professionals in a prime location is the aspiration for many. Noosa Estate Agents - the newest boutique agency on Queensland's glorious Sunshine Coast - has the right formula and is ripe for success.
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OPINION
The suburbs are the future of post-COVID retail
The COVID-19 pandemic delivered a body blow to CBD retailers, but it’s just the latest of their challenges in recent years.
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Real Estate News
Why more housing stimulus will be needed to sustain recovery
In response to the COVID-19 recession, federal, state and territory governments quickly provided support to the housing industry for two reasons. First, to safeguard jobs and, second, because investment in the housing and construction industries has a high economic multiplier effect. However, new research released today shows further housing stimulus measures will be essential to help drive an economic recovery into 2021…
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INDUSTRY NEWS
Domain Rental Report shows rental markets in flux
Domain's September Rental Report has shown there is little consistency across the states and territories, with prices hitting all-time highs in some capitals, while rent declines severely in others.
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OPINION
COVID impacts demand a change of plan: from commuting to living locally
Long-term planning has delivered mass transit systems to cater for high-patronage, hub-and-spoke transport systems. Unfortunately, this has left many city residents without basic access to public transport services. And we could never have planned for the impacts of COVID-19. Our previous plans were based on the best available data at the time. Today, these plans must be critically reviewed using new…
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Elite Agent
Is housing supply driven solely by demand? New research sheds light
New Australian Housing and Urban Research Institute (AHURI) research reveals what many of us assumed, that housing supply across Australia is uneven. The uneven distribution of housing supply 2006-2016 was authored by academics at The University of Sydney, Curtin University, and The University of Adelaide, and delves into both the…
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Real Estate News
Queensland teams with Mirvac and Frasers for build-to-rent project
The Queensland Government have announced partnerships with two developers for their Build-to-Rent Pilot Project. Frasers Property and Mirvac will work with the Government to deliver affordable key-worker housing options to the inner-city. Under the Pilot Project agreement, Frasers Property will develop 354 apartments on a 2,020 sqm site in Fortitude…
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Real Estate News
Fielding a winning team
When an ex-professional rugby player starts his own agency, you can be certain teamwork will be top of the agenda. And so it is with former Queensland Reds player and renowned inner-west Brisbane agent, Ben Wakely, who has launched Wakely Properties to service Paddington and its surrounding suburbs. As you’d expect, Ben knows plenty about hard work, commitment and sacrifice.…
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Elite Agent
Cutting JobSeeker payments will cause crippling rental stress in our cities
As soon as the COVID-19 pandemic caused businesses to shut down, state governments acted to avoid evictions by introducing moratoriums, and the federal government introduced the Coronavirus Supplement of A$550 on top of the fortnightly JobSeeker payment. These measures were intended to enable 1.6 million Australians to ride out the pandemic-related business shutdowns. This welcome…
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Real Estate News
Belle Property expands Victorian footprint with three new offices
Belle Property has launched three new offices in Victoria. Belle Property Daylesford, helmed by Principals Will Walton and Peter Douglas, has launched into Trentham, extending the brand’s reach across the Hepburn Shire region. Meanwhile industry veteran Peter Julian has opened two offices servicing the Surf Coast region with Belle Property Geelong and Belle Property Torquay. Dovetailing with lockdown restrictions easing…
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Elite Agent
Ramping up regional service
With city dwellers buying up in nearby regional cities and towns, Mark Nunn says offering top customer service and meeting industry demands has never been more important. With an upswing in metropolitan families moving to regional areas in recent years, a strong standard of customer service has never been more…
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Real Estate News
Should landlords be incentivised to make rentals energy efficient?
The Australian Housing and Urban Research Institute have released a 75-page report that proposes tax breaks and financial assistance for landlords willing to improve the energy efficiency of their rental properties.
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Elite Agent
Australia should aim for zero-carbon buildings by 2030
The Australian Institute of Architects has welcomed the Government's recently-announced $1.9b investment into lowering emissions, but urges the acceleration of the transition to a carbon neutral economy.
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Real Estate News
The pandemic has changed what buyers want, and developers are following suit
The pandemic has changed how and where people want to live, and what features they are now looking for in a house.
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Elite Agent
Why COVID-19 might not change our cities as much as we expect
What will be the normal way of urban living when the COVID-19 crisis passes? What aspects will remain with us and what will disappear? The coronavirus pandemic has thrust us into a moment of rapid change. Like all change, it is difficult to predict. But lessons from history provide us with two important insights. First, temporary change sometimes has remarkably…
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OPINION
After COVID, we’ll need a rethink to repair Australia’s housing system and the economy
A new report from the New South Wales Productivity Commission (NSWPC) announces that “[higher] housing costs […] impose broader economic costs”. That chimes with our own newly published research. The implication is that Australia’s heavily capitalised housing market will weigh down economic recovery from the shocks of the coronavirus pandemic. A niche group of economists and epidemiologists had warned the world for decades that a…
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Real Estate News
Kremer is shaking up the competition
Every capital city has them. Middle-ring suburbs where well-established agencies become firmly entrenched. Like a well-worn groove in a favourite armchair, these existing businesses reach a ‘comfortably familiar’ stage where they’re convinced there’ll be little risk from fresh new players coming in and shaking up their market. That’s what 34-year-old Steven Kremer saw in Brisbane’s Centenary Suburbs, just 12 kilometres…
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Real Estate News
More urban sprawl while jobs cluster: working from home will reshape the nation
For most of us the experience of working from home this year has, on balance, been positive – enough that it may well become the norm after the COVID-19 crisis ends. But modelling by Victoria University’s Centre of Policy Studies shows there will be costs alongside the personal benefits, with more urban sprawl, job flight to the biggest cities and…
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Elite Agent
REIQ: Rental market facing “tightest conditions since GFC”
Seventy per cent of Queensland’s rental market currently faces tight conditions, according to the latest quarterly rental vacancy rate report. Eighteen per cent of Queensland regions are experiencing less than 1 per cent vacancy at present, with areas like Maryborough (0.4 per cent), Mount Isa (0.5 per cent), Rockhampton (0.7 per cent), and Gympie (0.9 per cent) close to impossible…
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Elite Agent
Family business takes leap of faith
The coronavirus crisis has caused some to run for the hills, overwhelmed by what appears to be a risky time for new ventures. But the opposite is true for Queensland-based agents Lou Cooper and her daughter Ambre Perry who are set to shake up Buderim and its Sunshine Coast surrounds with their new agency, ‘Perry Cooper’. And what better way…
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Real Estate News
From private jets to business success
“We’ve just signed our first deal after six days on the market in the $1.7 millions… BOOM! I’m over the moon this morning!” That’s Garry Jones’ opening salvo in what will be a high-energy roller coaster of a discussion about the launch of his new Brisbane agency – Garry Jones Homes. Garry’s path to business ownership is far from traditional.…
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Real Estate News
Why COVID-19 might not change our cities as much as we expect
The coronavirus pandemic has thrust us into a moment of rapid change. Like all change, it is difficult to predict. But lessons from history provide us with two important insights. First, temporary change sometimes has remarkably little lasting effect. Second, what looks like a lasting effect is often the acceleration of existing trends, rather than new, crisis-caused trends. COVID-19 impacts…
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Elite Agent
Walkability: the new gold standard for urban planning
Once upon a time, the Australian dream was to buy a property in the suburbs, taking advantage of the vast networks of highways and the lowering costs of vehicles to get away from the rat race. The suburbs offered plenty of space to raise a family, even if it meant markedly more time in the car, travelling to and from…
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Thought Leaders Podcast
5 strategies to survive and thrive in a crisis
If the impact of COVID-19 on your business has got you down then Dan Argent is the guy to help you not only survive it, but thrive once the deadly bug has moved on. Forced to start his own business during the GFC in order to survive, in this episode of Elevate, Dan shares the five strategies he used to…
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Real Estate News
New strata data examines the growth of apartment living
Twenty per cent of Australians and five per cent of New Zealanders now live in strata-titled properties, according to a new report from UNSW’s City Futures Research Centre. Of the almost three million strata and community-titled properties in Australia, over 960,000 are in NSW, with the insured value of the properties nation-wide growing by over $100 million in the past…
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Real Estate News
Trading up to a better life: Jackson Jones launches on the Sunshine Coast
Making life better by ‘trading up’ is what drives the human quest for self-improvement. That’s exactly what Nigel Jackson and Richard Jones have done, and it’s culminated in the launch of an exciting new agency on the Sunshine Coast known as Jackson Jones. The pair have put together a team dedicated to creating a new level of high-end service for…
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Real Estate News
Sunshine Coast agent strikes out on his own
Clinton Eastell has dreamed of the day he would run his own agency since he started out in the industry at 19-years-old. That plan recently came to fruition with the launch of Eastell & Co – a Sunshine Coast agency which he notes is already proving a roaring financial success. “The day I walked into real estate is the day…
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Real Estate News
REIWA Awards recognise best in the west
REIWA has recognised Western Australia’s top real estate achievers for 2020, with this year’s event streamed to hundreds of people. REIWA CEO Neville Pozzi said during a difficult and evolutionary year within the industry, the awards were more important than ever to showcase the fantastic work that has been achieved. “The Awards for Excellence are the highest accolade that can…
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Real Estate News
‘Use grants wisely’: property investment consultancy advises first-home buyers
New building stimulus measures introduced by the Federal and WA State Governments are driving a significant rise in first-home buyer inquiry, according to reports from Perth-based property investment consultancy, Momentum Wealth. Combined with the existing First Home Owner Grant and duty concessions, the Federal HomeBuilder Scheme and State Building Bonus Package could see eligible first-home buyers in WA receive between…
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Elite Agent
HomeBuilder misses a chance to make our homes perform better for us and the planet
The Federal Government’s new A$688 million HomeBuilder package might protect residential construction jobs but according to academics, it’s a missed opportunity to deliver sustainability benefits that would save owners money in the long run. In an article in The Conversation, senior lecturers Trivess Moore of RMIT and Tony Matthews of Griffith University argue the A$25,000 grant for new homes and renovations could have…
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