ACT
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Premium Sydney suburbs recovering the quickest
The Sydney suburbs that recorded the biggest price falls last year are the same ones that are leading the charge now that the market is recovering.
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Propic hits the nation’s capital with Luton introducing AI
A forward-thinking Canberra real estate agency has introduced market-leading artificial intelligence to ensure 24/7 customer service and that no potential sales or property management lead is missed.
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REIACT appoints new chief executive officer
The Real Estate Institute of the ACT (REIACT) has appointed Maria Edwards to the CEO role, taking over from Michelle Tynan.
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Canberra’s first electric vehicle apartment development
In a first for Canberra, a new apartment development will include individual Electric Vehicle (EV) chargers for each apartment in a bid to make the building more environmentally friendly.
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One in five ACT landlords plan to sell if rental changes come in
Proposed changes to the Residential Tenancies Act in the ACT could lead to one in five investors selling their rental property.
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Luke Evans joins The Agency
The Agency welcomes experienced performance and sales coach Luke Evans to the team as General Manager of Sales, NSW and ACT.
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Build-to-rent-to-buy housing to help vulnerable ACT women
A new initiative from the ACT Government aims to help vulnerable and at-risk women get onto the property ladder.
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The Agency launches in the nation’s capital city
The Agency continues to grow its national presence with the establishment of a high-performing team in Canberra.
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Onsite auctions return to Canberra as lockdown ends
Agents in the ACT have woken up this morning out of lockdown and able to conduct onsite auctions again, albeit with a few restrictions. Under the ACT’s pathway out of lockdown, live auctions can recommence from today with a maximum of 25 people on site. Mask wearing and social distancing requirements also remain in place, with Real Estate Institute of…
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Hangover from previous rental assistance could render new initiatives inadequate
REIACT has tentatively welcomed the announcement of rental assistance incentives for both residential and commercial tenancies.
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The ACT real estate industry can bring new properties to the market as restrictions ease
As of midnight, ACT agents can arrange a building inspection, EER reports and photography and videography.
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REIACT and the Attorney General urge tenants and landlords in Canberra to work together in lockdown
REIACT supported Attorney General Shane Rattenbury' suggestion tenants and landlords in Canberra will have to work together amid lockdowns.
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Ray White Canberra welcomes Chris Dixon and Maree van Arkel to the team
Ray White Canberra has welcomed top agents and north Canberra specialists Chris Dixon and Maree van Arkel to their rapidly expanding group.
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REIACT speaks out against proposed Residential Tenancies Act changes
The Real Estate Institute of the Australian Capital Territory (REIACT) has urged all landlords and tenants to speak up about proposed changes to the Residential Tenancies Act. REIACT CEO Michelle Tynan said the proposed changes to the Residential Tenancies Act (RTA) could have wide and damaging consequences for private rental stock numbers in the territory. “The minimum energy efficiency standards…
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Brett Hayman: Olympian to AREAs winner
As a three-time World Champion and Olympic silver medallist, Brett Hayman knows a thing or two about discipline. Here, the Hayman Partners director explains how adopting the same approach in real estate has seen him rise to the top of his field.
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From Wagga to Canberra: The next big step for Dave Skow
Dave Skow has set his sights on Canberra, teaming up with Independent Property Group as their new senior operations manager
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Canberra needs 12 new houses a day for next 20 years
Arabella Rohde was elected as the Property Council’s new ACT division president last month and she’s now issued a blunt warning about challenges faced by population growth in the nation's capital.
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Know your Territory: Getting your listing right can make a big difference in Canberra
With Canberra house prices setting a new record high and unit prices also edging their way towards a new peak, many potential sellers appear to be changing gear.
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Independent Property Group announces new General Manager and shifts focus solely to Canberra market
Canberra’s longest-running real estate agency, Independent Property Group (IPG), has announced major changes to its operation in an effort to position itself for further growth in what is one of Australia’s hottest property markets.
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Agents for change hit milestone as Zango celebrates first birthday
Canberra-based property-listing portal, Zango, has just turned one, with the locally owned and operated business celebrating the anniversary of its go-live date on Wednesday.
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REIACT Awards 2020: All the winners
The ACT’s real estate sector came together on Saturday night to celebrate its’ achievements and recognise outstanding performers in a year that has changed the way real estate has had to be done. “This year, our Awards for Excellence has showcased the adaption, innovation and education the real estate sector…
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Property confidence rises in SA but plummets in ACT
The latest ANZ/Property Council Survey has shown that as South Australia's property industry continues to gain confidence, the ACT industry's confidence levels have plummeted.
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Ray White NSW | ACT celebrates its 2020 winners
Close to 1000 people tuned in to watch the Ray White NSW | ACT 2019-20 awards, which looked a little different this year, held over Zoom. Nonetheless, the night felt the same, as the network celebrated the achievements of its top offices and individuals. Ray White NSW CEO Andrew McCulloch said the iso-style awards were a sign of 2020 given…
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Rental affordability best since 2007: REIA
The REIA Housing Affordability Report shows rent affordability has improved across the country in the June quarter, with figures not seen since late 2007. “The proportion of income required to meet rent payments decreased to 23.3 per cent in the quarter, a decrease of 0.4 percentage points over the quarter and down 0.5 percentage points compared to the same time…
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Canberra’s property prices quadrupled since 2000
Housing prices have quadrupled in just two decades, unit prices have tripled, and values could reach an average of over $3.8 million and $1.3 million respectively – These are some of the key insights from Allhomes’ research on Canberra’ property market over the past 20 years. The report also noted that, since 2000, houses sold at auction have risen from…
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ACT tax rebate for landlords extended
The ACT Government scheme which awards a land tax rebate to landlords who slash their tenants’ rents by 25 per cent has been extended until December. Over 750 landlords are currently involved in the scheme. “We understand this is a difficult time for many Canberrans, particularly those who have suffered a significant reduction in their income,” ACT Attorney-General Gordon Ramsay…
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BHGRE appoints new growth manager
With the continued growth of Better Homes and Gardens Real Estate offices and Aspire agents, the lifestyle real estate brand has announced the appointment of experienced real estate professional Melanie Spencer to its NSW/ACT growth team. Having worked in real estate her entire career, Ms Spencer has accumulated a diverse and deep knowledge of many facets of the industry, including…
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Canberra tenants given a break on break fees
Changes made to Canberra’s Residential Tenancies Act this week mean that residential tenants who have been financially impacted by the pandemic will not have to pay the usual ‘break fees’ for terminating a fixed-term lease. In addition, tenants across the territory can now give three weeks notice when breaking a fixed-term lease without needing to file an official application through…
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Blackshaw expands to the South Coast
Since taking the reigns at the Blackshaw Real Estate group in 2019, Andrew and Belinda Chamberlain, supported by their franchise principal team, have had a very clear vision for the company - a key element of which includes its continuing expansion. This week that vision has taken a significant further step, as the brand officially…
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Hannah Gill named an ACT Telstra Business Woman of the Year
The Managing Director of a Canberra property management business has been named as one of five Telstra Business Women of the Year in the Australian Capital Territory. Independent Property Management’s Hannah Gill won the medium and large business award this week and will go on to the National Awards in Sydney in May. Ms Gill is a highly regarded professional…
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The Agency kicks off in Canberra
Peter Micalos is set to take the driver’s seat at The Agency’s new Canberra chapter, which launched this week with a significant project pipeline. Canberra’s growth trajectory – recent CoreLogic data showing dwelling values increased by 2.3 per cent over December and 3.14 per cent in January 2020 – has been on The Agency’s radar since the company’s inception three…
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Stamp duty labelled ‘government addiction’ as industry calls for reform
Calls for changes to stamp duty are starting to grow stronger after New South Wales Treasurer Dominic Perrottet put the federal government on notice to act on tax reforms. In a recently released report, an independent panel appointed by the NSW Treasurer looked at how NSW and the Commonwealth could work together to build a stronger economy. One of the…
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New Real Estate Portal Zango Launches in Canberra
A new listing portal focused on the Canberra property market is getting set to launch in a bid to change the way locals view real estate. Zango has been developed in collaboration with a group of local real estate agents in Canberra, who were wanting to create a wholly-owned local platform. Zango will focus on…
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$5.85M Peter Blackshaw sale sets new Canberra auction record
A new Canberra real estate auction record has been set over the weekend, with Peter Blackshaw-listed, 30 Mugga Way, being sold under the hammer for an astonishing $5.85 million – after a strong, mixed-media, four-week marketing campaign. The campaign was spearheaded by leading Canberra real estate agents Mario Sanfrancesco, and Peter Blackshaw Managing Director, Andrew Chamberlain. The previous auction record…
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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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