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Real Estate News
realestateview.com.au announces Antony Catalano as newest board member
realestateview.com.au announced the appointment of Antony Catalano as a board member. Catalano and his business partner, Alex Waislitz, now hold the largest interest in realesteview.com.au with an economic stake of 26 percent. This is another venture for the pair who are currently growing their media portfolio alongside the recent acquisition of Australian Community Media (ACM)…
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SELLING + MARKETING PROPERTY
Four tips for building greener homes at a better price
A leading builder has revealed his top four tips for creating more affordable ‘green’ homes with lower running costs in 2020. AJP Constructions owner Andrew Payton said the idea that homes with green credentials take longer to build and require a ‘sustainability premium’ was ludicrous. “It’s ridiculous that some builders attach a premium to making homes more sustainable,” Mr Payton…
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Elite Agent
Top 20 locations house prices tipped to rise most in 2020
Tasmania is leading the way for median house price rises in 2020 – one of several locations across the country tipped to record a rise of up to $200,000, according to new research. The analysis by SuburbGrowth.com.au – part of the Select Residential Property Research Group (SRP) – identified the top 20 locations where median house prices are tipped to…
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Real Estate News
HTW monthly update – Property prices deliver strong end to 2019
As 2019 draws to a close Herron Todd White have assessed where the nation’s property markets currently sit and how their predictions stacked up over the course of the year. We saw a slow start for property in 2019 thanks to an uncertain regulatory environment and the federal election which had big implications for property investors. Since that point, market…
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Real Estate News
The major changes in our cities that will kick off the 2020s
A drop in car ownership, smaller houses, walkability impacting property prices, residential blocks atop shopping centres, and ‘mini Melbournes’ in outer suburbs. These are the city trends that will begin to emerge next year and mark the commencement of a new decade in urban planning. The forecasts come from one of Australia’s most experienced, recognised and multi-award winning urban planners…
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GUEST INTERVIEWS
Thriving in your first year of real estate: Ryan Smith
“If I knocked on 100 doors and 99 said no it didn’t really bother me.” – Ryan Smith Realmark Rookie of the Year, Ryan Smith believes in integrity, energy, hard work and creative service in every facet of life, not just real estate. An exceptional sportsman, who represented WA in football and golf, Ryan joined Realmark Urban as a sales…
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Real Estate News
Rose Farina joins McGrath as it boosts its presence in Northbridge
Prestige agent Rose Farina has joined McGrath, with the company acquiring her rent roll and business in Sydney’s Northbridge region of the Lower North Shore. CEO Geoff Lucas said attracting highly-respected agents is a strong indicator of continued influence of the McGrath brand. “Equally this expansion is consistent with our strategy to partner with high-calibre, well-regarded agents with a significant…
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Real Estate News
Cobden & Hayson strategic merger
Inner West agency Cobden & Hayson has announced an amalgamation with Richardson & Wrench Leichhardt under the company’s Annandale banner. The Sulfaro family has run the successful Richardson & Wrench business for more than 30 years and has built an incredibly strong reputation based on old school values, hard work and dedication to their craft. Cobden & Hayson is thrilled that the younger generation…
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Real Estate News
Canberra model the key to creating successful new cities
It often gets a bad rap, but Canberra could hold the secrets to planning for Australia's growing population and successfully decentralising our major cities, researchers say. Examining Australia's historical patterns of decentralisation over the last 100 years, researchers from RMIT, Monash and the University of Melbourne suggest the answer to creating successful new cities could…
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Real Estate News
Weekend Auction Wrap: Supply shortages keep driving demand
The top-end buyers were once again out in force in Sydney with a lack of supply continuing to force buyers to pay higher prices. In Sydney, the preliminary auction clearance rate was again well above 80%, finishing up at 84.3% according to the latest data from CoreLogic. The result was up sharply on last week…
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Elite Agent
Report hopeful for future of real estate despite record low listings
An influential property figure has accused state governments of being “addicted to the revenue” they receive from stamp duty and fees, resulting in record low listings across the country. John McGrath this week released the McGrath Report 2020, in which he claimed upgraders in big cities were paying close to $100,000 in fees and “absurdly…
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Real Estate News
REIWA launches plan to boost WA’s economy
The Real Estate Institute of Western Australia has launched a six-point plan to attract buyers and investors back to the market following a dramatic decline in sales activity. The plan includes changes to stamp duty, reintroducing first home owner grants, and revoking the foreign owner duty surcharge. REIWA President Damian Collins said sales activity fell from 89,000 in 2005 to…
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Real Estate News
Sales agent commissions tied to vendor ratings
A Brisbane-based business has established the nation’s first carrot-and-stick agency model – and it gives clients direct influence on how much agents can earn. Under the model introduced by UrbanX, vendors can rate their sales agents, with the size of agent’s commissions on the line, if their service and results prove to be regularly sub-par. Head of UrbanX, Dan Argent,…
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Real Estate News
Which cities worldwide are at greatest bubble risk?
A global study of real estate bubbles has revealed a bubble risk or a significant overvaluation of housing markets in half of all evaluated cities. Bubble risk appears greatest in Munich, followed by Toronto, Hong Kong and Amsterdam, according to the UBS Global Real Estate Bubble Index 2019, a yearly study by UBS Global Wealth Management’s Chief Investment Office. Frankfurt,…
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Real Estate News
2019 REIWA Awards for Excellence winners announced
The Western Australian real estate industry’s best were recognised this evening at the prestigious 2019 REIWA Awards for Excellence, held at Crown Perth. REIWA CEO Neville Pozzi said the Awards were a unique opportunity for the Institute to acknowledge those WA real estate professionals who demonstrate excellence in their chosen careers, which have a positive…
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Real Estate News
Launch of Downsizing.com.au links developers and agents to lucrative over 50’s market
Property developers and agents have a new way to reach the real estate market’s most active and motivated buyers with the launch of Downsizing.com.au, which is Australia’s leading over 50’s property portal. Downsizing.com.au was founded as Seniors Housing Online by NSW-based sisters-in-law Catherine and Amanda Graham in 2003. It has built a loyal following among clients and consumers and served…
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FRANCHISE NEWS
Eastern Suburbs agents take home top awards for Ray White
Sydney’s Eastern Suburbs dominated the annual Ray White New South Wales awards, with Double Bay taking out several of the top honours, and TRG agent Gavin Rubinstein named No 1 sales agent for the seventh year in a row. Some 900 real estate agents and guests celebrated their achievements in Sydney at the weekend, with Ray White Double Bay picking…
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Real Estate News
WA’s top real estate professionals rewarded
Four new property management categories were added to this year’s reiwa.com Awards, ensuring all of Western Australia’s top real estate professionals were rewarded for their work in the industry. Around 700 professionals and guests attended the ’80s-themed 2018-2019 ball at Crown Perth, which honours the state’s best performers across a number of categories. REIWA CEO Neville Pozzi said this year’s…
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Real Estate News
Realmark rewards top performers at awards night
Friday the 16 August 2019 at The Westin Hotel Perth marked the 10th Annual Realmark Awards, celebrating Practice, Performance, People and Passion for the network highlighting the outstanding performance of individuals and offices over the last 12 months. This is a key event for the network with collegial peer recognition. The top awards of the…
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Real Estate News
LJ Hooker opens new office in North West Tasmania
LJ Hooker has expanded its network in North West Tasmania with the opening of LJ Hooker Devonport. Experienced local real estate specialists Michael Ziegler and Melissa Burtt will head up the new office, which offers a full suite of real estate services across residential properties, including sales and property management. With 16 years’ combined experience in the real estate industry,…
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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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INDUSTRY NEWS
Short term growth forecasts for affordable suburbs
New research by research group sellorhold.com.au has uncovered 15 affordable suburbs around Australia, where they say buyers are tipped to make at least $50,000 in three years after offloading underperforming properties elsewhere. Head of Research Jeremy Sheppard said low growth forecasts were common in a number of suburbs in Darwin and Perth, which means that investors would likely be better…
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Real Estate News
Five suburbs set to lead Sydney price rises
Analysis by a Sydney buyer’s agent has revealed five leading-indicator suburbs set to be at the forefront of price gains during the city’s next growth cycle. Principal and buyer’s agent at Buyers Domain, Nick Viner, said by studying the data and applying on-the-ground knowledge, he has identified locations he considers beacons of overall price rises. “The facts are that certain…
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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
Downsizer’s dream wins Victoria’s top property honour
Piccolo Developments have taken out the Property Council of Australia’s Rider Levett Bucknall Victorian Development of the Year award for Elwood House. Elwood House is a low-lying brick building featuring 30 apartments and three retail tenancies. “Elwood House emphasises quality of life with a stunning design in harmony with the local community,” Property Council’s Victorian Executive Director Cressida Wall said.…
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Sponsored Content
An ongoing success: Mark Sinclair
We recently facilitated a sale of a business as a going concern with positive outcomes for both buyer and seller. While there was additional due diligence and settlement requirements, this deal was relatively seamless for everyone involved. With so much interest from agency owners keen to understand each selling option and which is best for them, we wanted to share…
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Real Estate News
RE/MAX holds its first Project Marketing Forum
RE/MAX Australia held its first Project Marketing Forum recently, with the aim of demystifying the project sector for real estate agents. Twenty-five agents from across Brisbane attended the Forum, with interests ranging from five-townhouse developments to large multi-level complexes and land subdivisions. The key speaker at the forum was John Lunney, Development Director at De Martini Fletcher, who was supported…
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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
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
Regional development manager takes top female leadership award
The winner of the 2019 Urban Development Institute of Australia (UDIA) and Frasers Property National Women in Leadership Award for Excellence has been announced, with Lendlease Regional Development Manager – Communities, Tamara Rasmussen, taking the top accolade. Ms Rasmussen has worked in property and development for two decades, including 15 years with Lendlease, and says she is thrilled to have…
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Real Estate News
Rod Leaver appointed CEO of Knight Frank Australia
Stephen Ellis has announced he will be retiring from Knight Frank Australia, effective 30 June, with Rod Leaver taking the position as Chief Executive Officer on 6 May 2019. Mr Leaver will report to Kevin Coppel, Managing Director, Asia Pacific. Since returning to Australia in 2016, Mr Leaver has been advising groups on real estate strategy, portfolio governance and urban…
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Real Estate News
Ray White WA hold half-yearly awards
Ray White Western Australia held their half-yearly awards on 22 March at local venue Steve’s in Nedlands, honouring the top performers across sales and property. Vivien Yap of Ray White Dalkeith | Claremont was the big winner of the evening; she was named the Top Selling Principal in Western Australia and received accolades for the Top Office and Top Marketing…
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Real Estate News
New ideas for more diverse housing in Sydney
The City of Sydney is calling for new ideas to boost the diversity of housing across the city, with a focus on identifying and developing new models to increase affordable housing supply. The Alternative Housing Ideas Challenge encourages new ways of thinking about housing across financing, management and design and is open to anyone interested in innovation in the housing…
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Real Estate News
Finalists revealed for the 2019 REIA awards
The Real Estate Institute of Australia (REIA) has announced the finalists for its 14th Annual National Awards for Excellence, to be held at Crown Perth on Thursday 21 March 2019. REIA President Adrian Kelly said the Awards recognise the best performers across all aspects of real estate including residential and commercial agencies, residential and commercial sales, residential and commercial property…
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Real Estate News
Western Australia takes a step in the right direction for housing diversity according to REIWA
REIWA has commended the McGowan Government on its decision to approve the City of Fremantle’s amendments to its Local Planning Scheme to enable greater housing choice. The plan states that lots between 600 and 750 square metres will now be allowed a maximum of three dwellings, including existing dwellings. While lots over 750 square metres will be allowed an additional dwelling…
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