National
-
Realestate.com.au launches ‘This is the Place’ ahead of Spring selling season
“It’s exciting to launch the new campaign right in time for the Spring season to really celebrate that moment when Australians find their ‘place’,” Andrew Rechtman, realestate.com.au Executive General Manager – Residential, said. “When you’re selling your home, you want the most amount of people to see it and when you’re looking for a place to live, you want to…
Read More » -
Richardson & Wrench Stars Shine Bright at the 2017 Annual Awards
The depth of talent within the Richardson & Wrench group has been highlighted by some outstanding performances across all of R&W’s markets. A true standout was Bondi Junction Principal Andre Frack claiming three of the most coveted trophies at the group’s annual awards on Saturday. Frack won the Most Outstanding Principal, both transactions and income earned, and took out the…
Read More » -
Auction volumes fall with the clearance rate clinging to 70 percent
National auction clearance results for the week ending 03/09/2017 courtesy of CoreLogic The final clearance rate across the combined capital cities has been sitting in the mid-high 60 percent range since June and it is likely that this will be the case again on Thursday when our final results are published. All but two of the capital cities saw the clearance rate…
Read More » -
Core Logic Home Value Index August 2017
Using the upgraded hedonic index methodology, the CoreLogic August home value index results for the month confirm a slowdown in housing market conditions in Sydney, while Hobart emerged as the country’s best performing capital city based on growth in dwelling values over the past twelve months. National dwelling values remained flat during August, with capital city values edging 0.1% higher.…
Read More » -
Where are the most popular places to retire in Australia: CoreLogic
With only 2,904 residents, the small council area of Queenscliff on the Bellarine Peninsula in southern Victoria, recorded the highest proportion of retirees aged over 65 years (40.3%) according to the ABS data. The small council area of Quairading in Western Australia’s Wheat Belt region enjoyed the greatest house value growth over the year (+21.5%), followed by Shoalhaven in New…
Read More » -
Vacant land lot prices increasing and creating housing affordability issues: HIA
“Land price increases in Australia are unrelenting,” HIA Senior Economist Shane Garrett said. “The substantial increase in the price of residential land continues to be the single biggest factor behind recent deteriorations in housing affordability,” Mr Garrett said. The HIA-CoreLogic Residential Land Report shows that a typical vacant lot of land for housing increased in price by 2.1 per cent…
Read More » -
REIQ Host Real Tech 2017 and launch Agent.ID
The REIQ Real Tech 2017 Conference was created to fill a gap in the Queensland market – a conference that was solely dedicated to bringing only relevant technology to the real estate practitioner. REIQ CEO Antonia Mercorella said the idea sprang out of her recent trip to Inman Connect in New York. “It was an inspirational event and I realised…
Read More » -
The Threat of Fraud Is The Real Fraud
In a recent industry survey conducted by InfoTrack, 40 per cent of real estate agent respondents reported concerns about fraudulent activity when using electronic and digital signature technology. The hyper-vigilance that seems to dissuade agents from digitising contracts doesn’t seem to apply to the same degree of scrutiny to good old-fashioned fraud. The survey indicated that only 2.17 per cent…
Read More » -
Finalists announced for Annual REA Excellence Awards (AREAs)
The AREAs celebrate success and achievements across the real estate and media industries in the categories of Innovation, Service and Marketing and Community and will be held in Melbourne on November 16. For the first time, the competition will include a Gold AREA – Agency of the Year award, which will recognise agencies who work hard to set themselves apart…
Read More » -
New Home Sales Continue to Ease from Record Highs
“July’s result was driven by a 15.7 per cent decline in multi-unit sales and a more measured reduction in detached house sales. The large drop in multi-unit sales this month is in contrast to strong sales volumes late in 2016 and early 2017,” outlined Mr Reardon. The HIA New Home Sales report – a monthly survey of the largest volume…
Read More » -
Coast swells with RE/MAX agents
Eighteen regions now make up RE/MAX Asia Pacific, with delegates also coming from countries such as Canada, United States, United Kingdom, Poland, Argentina, South Africa and Italy. Many arrived early to partake in meetings or the charity golf day at Royal Pines on Tuesday and Wednesday. Indigenous dancers from Australia and New Zealand signal the start of the formal program…
Read More » -
Banks shut the door on new interest-only borrowing
APRA’s June Quarterly ADI Property Exposures data released today shows a 7.0 per cent drop in interest-only terms for new lending from the previous quarter. The drop comes despite a 10.6 per cent rise in new lending in all categories since March 2017. RateCity.com.au Money Editor Sally Tindall said today’s APRA data showed banks had responded to the regulator’s demand…
Read More » -
Corelogic launches new generation Hedonic Index
CoreLogic, has launched its new-generation Hedonic Home Value Index using updated methodologies and processes to provide insights into housing market conditions across the regions of Australia. The upgraded Index, which will continue to be published on the first business day of each month, combines a property’s key attributes, such as land area, number of bedrooms, bathrooms and car spaces, with…
Read More » -
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…
Read More » -
Auction volumes at their highest levels in 12 weeks
National auction clearance results for the week ending 27/08/2017 courtesy of CoreLogic Over the corresponding week last year, the clearance rate was 74.5 percent and 2,153 auctions were held. It is expected as more results are collected that the final auction clearance rate will revise lower to remain within the high 60 percent range, where clearance rates have been tracking since early…
Read More » -
How to respond to queries from clients faster and more cost effectively
Launching the new PM Assist service at ARPM 2017, Aimee Engelmann, CEO of outsourcing company Beepo, said one of the key factors of the growing pressure comes back to people and resources, with the allocation of workloads and the growing amount of administration within the sector. “A leading brand recently blind surveyed their offices and found that over 200 of…
Read More » -
Snug.com launches BondCover to free up rental bonds
Rental community platform startup Snug.com is launching its first feature, BondCover, a surety bond designed to transform the rental market by freeing up $4 billion worth of rental bonds. “With 2.5 million renters across Australia, it’s time to recognise good renting,” says Justin Butterworth, Founder of Snug. “The current cash bond system is completely outdated, and the resulting liquidity and…
Read More » -
CoreLogic Property Pulse 24 August: Housing turnover remains low
Housing turnover remains low despite strong selling conditions in Sydney and Melbourne, according to latest CoreLogic data. CoreLogic data confirms over the 12 months to May 2017 only 4.8 per cent of all houses nationally actually sold, highlighting just how little stock sells in a given 12-month period. Across house sales over the past 12 months, Tasmania recorded the highest…
Read More » -
Bouris invests in virtual estate agent Property Now
Mr Bouris and his ASX-listed investment and mortgage broking firm Yellow Brick Road have taken a 5 per cent stake in PropertyNow, joining BRW rich-lister Jeremy Same as shareholders in the privately-held company. PropertyNow founder and director Andrew Blachut said three years of courting Mr Bouris paid off when he bought into PropertyNow earlier in this month. “The business is…
Read More » -
Danielle Mariu of Port Hedland, WA wins Josh Phegan’s Changed Agent Award for 2017
The Josh Phegan team held their annual Blue-print conference in Sydney at the stunning IVY in George Street on Tuesday the 15th and Wednesday the 16th of August 2017. At the event, four incredible finalists from across Australia were invited to share their story of triumphs from humble beginnings in the annual Changed Agent Awards proudly supported by Agent Box.…
Read More » -
InspectSafe: Streamlining the inspection process
InspectSafe is the latest inspection management solution transforming the way residential property inspections are managed across Australia and New Zealand. It is an inspection app that provides essential personal safety features for property managers, whilst delivering peak efficiency and the real-time outcomes which property owners expect from professional management. InspectSafe captures key information from all trust systems and covers all…
Read More » -
realestate.com.au study reveals Australians not so neighbourly
The study surveyed Aussies’ regard, or lack of, for their neighbours. More than 15 per cent admitted they go out of their way to avoid speaking to a neighbour, while one in five revealed they’d previously had a dispute with someone living in their street. realestate.com.au Executive General Manager of Residential, Andrew Rechtman, said the findings showed that for the…
Read More » -
REA Group appoints Val Brown as Executive General Manager – Consumer Experience
REA Group has appointed Val Brown to the role of Executive General Manager of Consumer Experience. She will be part of the company’s Executive Leadership Team, reporting to REA Group Chief Executive Officer, Tracey Fellows. Ms Brown is responsible for driving the Group’s consumer product strategy for realestate.com.au and Flatmates.com.au. With a specific focus on personalisation, her product, design and…
Read More » -
Bankwest housing density report shows NSW only state to see growth in medium density housing approvals
New South Wales was the only state in Australia to experience growth in medium density approvals in the 12 months to March 2017. That is one of the key findings of the Bankwest Housing Density report which analysed approvals in medium density and low density housing over both the long and the short term. The report also found that NSW…
Read More » -
Ex-CEO of LJ Hooker Joins LocalAgentFinder
LocalAgentFinder is a leading comparison platform that enables property owners to compare local real estate agents or property managers for their sale or leasing requirements. The business, led by Matt McCann, the former CEO of iSelect, is continuing to explore its strategic options including an Initial Public Offering (IPO) as part of its growth strategy. Mr Harrod is the current…
Read More » -
R&W Colours Up for Starlight Foundation
They took part under the red banner of Richardson & Wrench, wearing purple and yellow wigs for the Starlight Children’s Foundation. And, at the end of the 5km Color Run fundraiser around Centennial Park, the 120 R&W runners, smeared top to toe in bright paint, had collected more than $10,000 to make the lives of seriously ill children just a…
Read More » -
Whitsunday’s Island for sale
Drop the suitcases, wash away the cares of the world, sink into relaxation and become immersed in a tropical paradise … there’s absolutely nothing more to be done. That’s the message from the owner of Victor Island, in the blissful Whitsundays, who has placed the cherished property on the market for $3.5 million. Paul Sullivan and wife Megan bought the…
Read More » -
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…
Read More » -
Elders digital strategy drives consumer holiday competiton
Elders Real Estate has announced a national competition to drive customer engagement, brand awareness, and importantly, generate local leads for agents. The competition will run until the end of October and provide potential clients with the opportunity to win a $15,000 holiday experience, through registering and receiving a sales or rental appraisal. Elders Real Estate National Marketing Manager, Belinda Connor…
Read More » -
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…
Read More » -
Raine & Horne takes community approach with Local Hero campaign
“Our Local Hero campaign is a community-focused promotion that will support those sporting clubs achieving great things in their local communities,” said Angus Raine, Executive Chairman Raine & Horne. “Grassroots sports are the lifeblood of many Australian communities, yet they are often forced to operate on the smell of any oily rag. “We believe they deserve some financial support through…
Read More » -
Real Estate Bookings Launches REBconnect
The Real Estate Bookings platform captures buyer and tenant enquiries from a range of online channels. The platform integrates with Facebook, Instagram, property websites and real estate portals. This data can now be used to directly remarket listings to in-the-market buyers via social media. Combining this with other data sources, such as CoreLogic, Acxiom and Quantium, means every property advertisement…
Read More » -
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…
Read More » -
Australasia’s best auctioneers vie for ultimate gavel in SA
Australia’s best auctioneers will compete for the title of champion in Adelaide which will host the 2017 Australasian Auctioneering Championships from 6-7 September 2017, hosted by the Real Estate Institute of South Australia. The annual competition showcases Australia and New Zealand’s best auctioneers who are ready to take up the challenge with a frenzy of calling, bidding and selling. “The…
Read More » -
Stockdale & Leggo Wins Gold Stevie Award in 2017 International Business Awards
Stockdale & Leggo was named the winner of a Gold Stevie® Award in the Real Estate category in The 14th Annual International Business Awards. The International Business Awards are the world’s premier business awards program. All individuals and organisations worldwide – public and private, for-profit and non-profit, large and small – are eligible to submit nominations. The 2017 IBAs received entries…
Read More »