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Real Estate News
View.com.au partners with Independent Media Publishers
The partnership with Independent Media Publishers (IMP) follows a decision by realestateview.com.au to rebrand as view.com.au and launch Property 360, a property price estimate tool of over 10 million properties offering consumers the ability to track the value of their home and calculate property price estimates. View.com.au says the commercial cross-promotional arrangement with IMP will provide the portal with increased…
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FRANCHISE NEWS
Ray White wins Top Franchise Group in WA at REIWA.COM Awards
More than 700 real estate professionals and guests attended the 2017 reiwa.com Awards Ball at Crown Perth on Saturday night, which celebrated WA’s leading real estate agents and recognised them for their achievements in 2016-17. Ray White WA chief executive officer Mark Whiteman said he was delighted his network won the top honour at the esteemed REIWA.COM awards. “This is…
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OPINION
Common misconceptions debunked about the overseas investor: Ivan Tandyo
It’s hard to deny that house prices in Melbourne and Sydney are through the roof. And it’s not uncommon to hear people blame the government’s ‘relaxed’ rules for foreign investment in Australia. And more often than not, overseas investors are misunderstood and seen as purely negative. People are quick to make assumptions and get angry about foreigners’ local property purchasers…
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SELLING + MARKETING PROPERTY
The Magnificent Seven tips for tip-top window displays
Standing out from the crowd and drawing people in has been part of the marketing and sales mantra of all organisations down the ages – and with increased competition, new technologies and a discerning and time-poor consumer the realities of the modern-day landscape, it has never been more important. And as Mark Carrick, VitrineMedia Australia’s Manager for the Southern States,…
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INDUSTRY NEWS
First Home Owner Grant discriminates against buyers wanting to enter the established market
REIWA President Hayden Groves said first home buyers who wanted to buy an established home were being discriminated against and as a result were finding it increasingly difficult to enter the WA property market. “Housing affordability remains a significant issue for many West Australians. We should be making it easier for all first home buyers to enter the market, not…
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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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Real Estate News
Industry responds to RBA’s July interest rate decision
The Reserve Bank of Australia kept interest rates on hold at 1.50 per cent at its July 2017 board meeting yesterday. Here’s what some industry players had to say following the RBA’s decision: John Cunningham, REINSW President “It comes at little surprise that the RBA has decided to keep a neutral position for the 10th meeting in a row. We believe…
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Real Estate News
Wrap up – What’s new for FY 18: Samantha McLean
July 1 is a date in everyone’s calendar. Not only is it the start of the new financial year, and the halfway point in the calendar year, but also the date when many of the state and federal budget initiatives come into effect. Here is a roundup of what’s changed around the country and in each state when the clock…
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Real Estate News
Urbane Property streaming auctions live
Dealing with crowds and sticky beaks is a thing of the past for buyers, who can now bid on Sydney property with ease from the comfort of their own home. Boutique inner west agency Urbane Property is offering buyers a technology platform to live stream auctions and participate in the bidding remotely. George Nikos, owner of Urbane Property, said the…
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Real Estate News
Submissions closing soon for AREAs
Submissions are closing soon for the Annual REA Excellence Awards (AREAs), which recognise property industry players who go above and beyond. Now in their second year, the AREAs honour innovative, community-minded high achievers across the entire property industry – from residential and commercial agents, property developers and home builders to those providing home loans or working in the media. Residential…
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Real Estate News
Century 21 Launches Australasian Project Marketing Business
Century 21 has launched the group’s first overarching project marketing business that will have a presence across Australasia and in each Australian capital city. The business will work closely with both developers and the Century 21 franchise network to implement full-service project marketing strategies for residential projects from concept to completion. Century 21 Project Marketing will be led by Alex…
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Real Estate News
‘Long overdue’ WA strata title reform welcomed by leading industry bodies
The Western Australian State Cabinet decision to move forward with the strata title reform process has been commended by the Real Estate Institute of Western Australia, Strata Community Association WA, Property Council of Australia and Urban Development Institute of Australia WA. Announced yesterday, the Honorable Rita Saffioti MLA said strata title reform was important to the future housing needs of…
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Starr Partners continues rapid growth with new Miller office
Australian boutique group, Starr Partners, have further extended their presence in Sydney’s South West with the opening of a new office in Miller. The move comes as recent CoreLogic Property Research revealed median house prices in the Liverpool region have increased by 9.6 per cent per annum in the 20 years to Dec 2016, making it one of the top…
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Real Estate News
Overview of budget implications for housing and housing affordability: Tim Lawless
With so much debate about housing affordability it was always going to be the case that the 2017 budget included key policies aimed at improving the affordability of housing and addressing some of the systemic issues that have pushed housing prices out of reach for many Australians. At face value, the budget measures present a good attempt at improving housing…
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Real Estate News
Meet the AREAs judges: a who’s who of property & media
With the countdown on, REA Group is pleased to announce the first 15 judges of the Annual REA Excellence Awards. Coming from the media, property, data, technology and not-for-profit sectors, the first judges to be announced are some of the most respected and experienced in their professions: Ange Ferguson, Group Managing Director, Asia Pacific at ThoughtWorks Chris Gray, leading investment…
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Real Estate News
Leading LJ Hooker Business Moves to Ray White Group
LJ Hooker Lower North Shore, one of the top businesses for LJ Hooker worldwide, is joining the Ray White Group. LJ Hooker Lower North Shore directors Richard Harding, Geoff Smith and Bernard Ryan say they are excited about both the re-brand and the potential for expansion across this region. They have been operating for 60 years and employ more than 50…
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FRANCHISE NEWS
Cobden & Hayson expands to six offices in Sydney
Boutique agency Cobden & Hayson is strategically growing through Sydney’s inner urban fringe with the launch of their fifth and sixth offices in the popular Marrickville and Surry Hills areas. The Marrickville office has just opened as a full-service real estate agency with both residential and commercial and industrial sales and property management departments. The creative force behind the inception…
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INDUSTRY NEWS
Treasurer’s pre-budget comments considered positive by industry experts
In a key pre-budget address to the Australian Housing and Urban Research Institute, Treasurer Scott Morrison reaffirmed the Coalition’s strident opposition to changing negative gearing tax concessions, plus a drive to increase private investment in the supply of housing. Key points in Morrison’s Address No disruption to current negative gearing policies (as this would come at a cost to renters)…
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INDUSTRY NEWS
Tougher home lending conditions not the answer for WA
The Real Estate Institute of Western Australia (REIWA) and Urban Development Institute of Australia WA Division (UDIA WA) have slammed talks of authorities wanting to tighten home lending conditions across the country. REIWA President Hayden Groves said this was a knee-jerk reaction to market conditions on the east coast, in particular, the Sydney and Melbourne markets, and did not take…
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INDUSTRY NEWS
Investors Still Keen In Buying Properties In Australia says Momentum Wealth
Despite concerns over potential property price bubbles, oversupply issues and cyclical downturns, Australian property investors remain bullish with one in two investors aiming to grow their portfolios in the next few months. A national survey of 444 property investors by property investment consultancy Momentum Wealth found that 53 percent of respondents said their primary goal right now was to either…
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Real Estate News
Husband and wife duo opens another Raine & Horne branch in Sydney’s Botany
Two of Raine & Horne long term employees have decided to capitalise on the franchise’s aggressive expansion plans by opening an office of their own in Botany on March 6. Paul Kosta who had worked for the company for the past 15 years at Raine & Horne Maroubra while his wife Olivia spend 10 years in the property management sector…
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Real Estate News
Raine & Horne recognises Woodford office its best for business growth
In a major changing of the guard, Raine & Horne Woodford was named Raine & Horne’s best office for business growth in Queensland in 2016. The leading local real estate office is led by Principal Jill Garth, and the win is a huge result for the team at Raine & Horne Woodford, given the massive growth of the Raine &…
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Real Estate News
High homebuyer pressure pulls North West development dates forward
The Hills of Carmel, a 2,000 lot sub-division spread across 223 hectares in Sydney’s North West, has had its buyer registration period brought forward by four months to meet demand for prompt settlement. Registration is the formal process of lodging the individual lots with the land titles office, allowing the final settlement of property to take place. As a result,…
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National
Real Estate Results Network 2016 Award Winners
Top performing independent real estate agents from the Real Estate Results Network (RERN) in Australia and New Zealand were celebrated at the 11th annual awards (ARERAs) held in Sydney on Monday night. This year’s ARERAs were strongly contested, seeing between five and nine finalists vying for the top honour in many of the individual and agency categories. The Roaring Twenties-themed…
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Real Estate News
Di Jones opens new space in Southern Highlands, to capitalise on local growth
Young Sydney families are slowing moving away from the hustle and bustle of city life and into the Southern Highlands due to its value and lifestyle offering, a real estate agency has suggested. Di Jones Real Estate who first established an office in Woollahra in 1992 has decided to capitalise on the trend of migrating home buyers by opening its…
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INDUSTRY NEWS
Positive median house price growth in regional WA in December quarter
Six out of the 12 centres across regional Western Australia has experienced a positive median house price growth in the December quarter 2016 according to the latest study commissioned by Real Estate Institute of Western Australia (REIWA). REIWA president Hayden Groves said the strong showing was an optimistic sign for the regions as it had a positive effect on regional…
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Real Estate News
Veteran developer Harry Triguboff believes apartment prices may rise this year
The increase in house values in Sydney will only produce a flow-on effect on for apartment prices for the year said veteran developer and Meriton group founder Harry Triguboff. Triguboff who has built more than 70,000 apartments to date said that high house prices were driving demand for apartments from owner-occupiers and tenants, resulting in stronger than expected gains already…
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Video of the Week
Video of the Week – How to Market a Bachelor Pad
Amy Youngren of Urban Lifestyle Group has built a solid reputation for her creative video marketing, earning herself a nomination for most innovative agent of the year by Inman News. One of her most successful listing videos, 88 Colgate Ave PH09, has reached over 5,000 views on the agency’s Facebook page. Want to see your video featured here? Send in your…
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INDUSTRY NEWS
Australasian Real Estate Results Awards 2017 Finalists Announced
The top performing independent real estate agencies and individuals across Australasia have been revealed last week as finalists in the 11th annual Australasian Real Estate Results Awards (ARERAs), to be staged in Sydney next month. Hosted by the Real Estate Results Network (RERN), the ARERAs is the industry’s pinnacle awards event that recognises and celebrates the outstanding achievers in property throughout…
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Real Estate News
Queensland’s property market set to soar in 2017 say Raine & Horne
Queensland’s real estate markets are all set to enjoy a healthy year with significant infrastructure investments, greater affordability and lower interest rates making it an attractive buy, said leading real estate group, Raine & Horne. Investments such as the $21 billion Adani Carmichael coal mine, the $3 billion Queen’s Wharf, Westfield’s $1 billion development at Coomera and the $200 million…
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INDUSTRY NEWS
Australian Community Newspaper Readership 2016: Roy Morgan
Readership of community newspapers in all mainland capital cities has declined, but many titles are bucking the trend and finding new local readers, the latest Roy Morgan Community Newspaper Readership results for the 24 months to September 2016 show. In Sydney, the St George & Sutherland Shire Leader extended its lead as the most-read community paper, with 220,000 readers per average issue (up…
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Elite Agent
World GIS Day 2016
Did you know that today (16 November 2016) is world GIS Day? Of course you did. But on the off-chance that you haven’t yet heard of this auspicious calendar event, GIS Day is an international day to demonstrate the value and real-world applications of geographic information systems (GIS) technology – and in recognition, aerial imagery and data visualisation company, Nearmap,…
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Real Estate News
World First Flat-Packed, Off-Grid Tiny Home Launching at Sydney Architecture Festival
Big World Homes have developed the very first flat-packed, off-grid tiny home – utilising un-activated urban spaces for transitional pop-up communities – offering a revolutionary solution to Sydney’s housing affordability crisis. “We’re excited to be launching one of the most progressive, socially oriented, community driven housing projects that Australia has ever seen, at a time when new options in affordable housing…
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Real Estate News
Idalia: Buyers Flock to Woden’s Newest Address
For the past six weeks apartments in Hindmarsh’s new Idalia development have sold at the rate of around three every week with a cross section of buyers – led by young professionals – vying to be a part of Woden’s transformation. Idalia is now over 70% sold, an impressive result that demonstrates not only the sophistication and quality of the…
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Elite Agent
Renovation Rules: Top 7 Tips and Trends For 2016
THE AVERAGE AUSTRALIAN HAS been given a whole new level of confidence when it comes to renovating. Shows such as The Block, Renovation Rumble, House Rules and Selling Houses Australia have changed the way we look at the idea of renewing our homes and simplified the process so that anyone can do it. Sydney buyer’s agent Amanda Gould shares her…
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