National
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Auction clearance rates ease slightly
This week’s (week ending 11 September, 2016) preliminary auction clearance rate is down slightly from last week’s clearance rate of 77.1 percent, which was the highest clearance rate recorded for the year to date. At the same time last year, the clearance rate was 71.2 percent. So far this week, 1,682 capital city auction results have been reported to CoreLogic.…
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CoreLogic: September 2016 Market Outlook
If you’re eager to find out what the various property markets around the country were up to during August, and you want to have a sneak peek at what might be ahead, read on for CoreLogic’s monthly Market Outlook. Average capital city home values are up Over the month of August 2016, combined capital city home values increased by 1.1%…
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Add value to new investors by educating them, say BMT
New property investors could benefit greatly from education on legitimate depreciation deductions for investment properties so they don’t miss out on thousands of dollars in tax savings. According to BMT Tax Depreciation, the recent property boom has seen many new investors hit the real estate market. However, these newbies might not be aware they can claim tax deductions on the…
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Cody Live expanding digital signboard solution
Cody Live is an outdoor advertising solution that is the first of its kind, creating dynamic signboards for real estate agencies. And this week they were launched in Brisbane with Melbourne, Canberra and Auckland in the coming weeks. The aim of Cody Live is to give vendors and agents more choice and better control of how their properties are represented…
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BizCover: Avoiding Real Estate Advertising Blunders
Most of us have been there – a mistake is accidentally made on an ad, no one picks it up and it goes to print. Sometimes we’re lucky and we can hustle to fix the problem before the whole world knows about it. But BizCover asks the question: have you thought about the impact of a small error if it’s…
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Purplebricks Launches in Australia
The UK’s fastest growing online real estate agency has launched in South East Queensland and Melbourne. Purplebricks has launched in Australia, to offer homeowners a proposition of a cheaper method of sale for their home. The “virtual” service provides the support of a licensed and dedicated ‘Local Property Expert’, a flat rate fee, an accessible and transparent online technology platform…
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Agent Finder Websites ‘A Raw Deal’, says First National’s Ray Ellis
According to Ray Ellis, the Chief Executive of First National Real Estate, property owners and buyers around Australia are being misled by a range of ‘Agent Finder’ websites. ‘There are a variety of agent finder websites that have inserted themselves as middlemen in the marketplace, claiming to connect consumers with the best local agents for free, but charging agents a…
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VitrineMedia Continues To Lead In Shopfront Innovation
VitrineMedia, a world leader in LED display technology dedicated to window solutions, has now brought even more light with less energy output to the real estate industry. In the last 12 months they have designed several new LED display panels to add to their collection to make the real estate shopfront really stand out. Speaking at AREC 2016, Global CTO…
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Spring auction clearance rates reach a new year to date high
According to CoreLogic’s preliminary weekend summary, Spring has sprung with auction rates this weekend seeing a combined capital city clearance of 78.4 percent, a new high for the year. The number of homes taken to auction this week fell slightly to 1,858, compared to the 2,153 auctions held last week and 2,297 one year ago. The preliminary clearance rate was…
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Smart energy home of the future one step closer
Sydney-based start-up Evergen, who has just launched their intelligent home energy management system in Australia, has raised $3.7 million in funding from AMP Capital and CSIRO, as it takes their Australian first smart energy offering to the market. Combining solar and batteries with smart technology, the Evergen system continuously analyses and optimises home energy costs, choosing the most efficient source…
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Improve your profile on realestate.com.au
An improved Real Estate Agency Profiles platform has been released on realestate.com.au to help agents improve their profile and get more clients. The updated profile system allows agents to showcase their areas of expertise alongside their listings, providing greater benefit to vendors and the agents themselves. The changes are expected to help drive a larger number of enquiries and listings. The…
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PropertyIQ wins Most Innovative Business Bank Award
The Australian Business Banking Awards 2016 were held on August 11 with PropertyIQ taking out the award for Most Innovative Business Bank Product or Service. The award was judged on the ability to “deliver innovative solutions or services to business banks and their customers in performances across all major metrics” and was won on the merits of PropertyIQ’s three core…
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Domain launches Spring campaign
With spring just around the corner, Domain has just launched its latest Spring campaign centred on what it claims is “Australia’s best property app”. The new campaign, which is dubbed Spring, uses a multi-channel approach encompassing its national sponsorship agreements with The Block, an online video content series, two new television commercials, and the rollout of one of the nation’s…
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Laing+Simmons recognise their best
On Saturday real estate network Laing+Simmons held its annual awards event to recognise and celebrate the most talented people in its ranks – from long term industry stalwarts to the up and coming stars of tomorrow. Laing+Simmons Managing Director Leanne Pilkington said the awards are more than just a chance to catch up and network. “Recognising and celebrating the achievements…
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Google Duo: Another easy step in virtual property viewing?
When you can’t show a potential buyer or tenant a property, a video call can be the only other alternative. And with the recent release of Duo – Google’s new 1-to-1 video calling app for Android and iOS – the company is promising the experience will soon be a whole lot smoother and easier. Like Apple’s “Facetime” the Duo app…
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Bizcover – Saving You Time and Money on Your Insurance
They say in the world of real estate, trading without Professional Indemnity Insurance is equivalent to a surgeon practising without Medical Indemnity Insurance. Although you’re not performing brain surgery, real estate is a complex industry, and as an estate agent you’re open to litigation involving breach of contract, allegations of misrepresentation, poor property management and a breach of statutory provisions –…
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Raine & Horne National Awards for Excellence winners announced
The 2016 Raine & Horne National Awards for Excellence event, held at the spectacular Hamilton Island Conference Centre, attracted more than 200 of Raine & Horne’s best and brightest from its national and international network of offices. Congratulations to all the winners of the 2016 Raine & Horne National Awards for Excellence: Top Salesperson (Dollar Value) James Baker, Raine &…
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CoreLogic: July Rent Review
Rental rates showed no signs of lifting over July, according to the CoreLogic July Rent Index. Rental rates fell by -0.3% over the month to be -0.6% lower over the 12 months to July 2016. According to CoreLogic research analyst Cameron Kusher, rental rates continue to ease as supply ramps up. In July, rental rates dropped in all cities except…
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Starr Partners puts its agents to the honesty test
When real estate agents featured amongst the lowest ranked professionals for honesty, Douglas Driscoll, CEO of real estate group Starr Partners, set out to prove it wasn’t so by putting some of his agents to the ultimate test – a polygraph machine. Engaging independent forensic polygraph company Advanced Polygraph, Douglas sat down with his agents to ask them questions from…
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REA Goes Global
Realestate.com.au has taken its real estate portal to the world, with the announcement of the REA Global Property Network. This ground-breaking website (now the largest source for global property listings in the world) works in two ways – offering Australian investors the chance to purchase properties across the world, whilst also exposing Australian vendors’ assets to an international audience –…
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realestate.com.au launches global property network
REA Group, parent company of realestate.com.au, has announced the launch of its global property network. The network is a platform that opens up a new way for people to search for international property while exposing Australian property listings to a global audience. With listings from 56 countries, connected by property sites in 12 markets, including US, Italy, Germany, France, Malaysia…
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REA Group named on Forbes’ World’s Most Innovative Growth Companies list
REA Group has been recognised as one of Forbes’ World’s Most Innovative Growth Companies, featuring the top 100 most innovative growth companies from around the world. REA Group ranked 19th alongside only two other Australian companies – Seek (13th) and Domino’s Pizza Enterprises (20th). According to Forbes, the list relies upon investors’ ability to identify firms they expect to be…
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Elite Agent Magazine reaches finals for two Publish awards
The finalists of this year’s Publish Awards, recognising the best in print and digital publishing across Australia have been revealed, with Elite Agent Magazine being shortlisted in two categories, Business Magazine of the Year and a nod to Samantha McLean for Business Editor of the year for the second year running. Other finalists in the same category include Bauer Media for…
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Property market bounces back: Domain
House prices have increased in almost every capital city, bouncing back from recent price falls, according to the June quarter Domain House Price Report. Nationally, the median house price increased 1.5 per cent, with strong growth in Sydney, Melbourne, Brisbane, Adelaide, Canberra and Hobart. The exceptions are Perth and Darwin, where steep price falls continued, decreasing 1.7 and 0.7 per…
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New economic report shows solid growth for Australian property market
The PRDnationwide Research Team has released a new report revealing the Australian property market has made a positive start to 2016, with housing and rental growth recorded in capital cities and metro areas along with improved conditions in regional areas. After a hot 2015, the PRDnationwide 2016 Australian Economic and Property Report reveals the Australian property market has returned to…
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Raine & Horne gives homeowners the chance to share in $40,000 prize pool
Australian homeowners considering selling their properties between July and November will have the chance to make the move to their new house even more exciting, thanks to leading real estate group, Raine & Horne. As part of Raine & Horne’s Spring 2016 marketing campaign, “Make Your House A Home”, anyone listing their residential properties for sale with Raine & Horne…
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New app Abakus helps maximise tax returns for property investors
Abakus Apps, a new finance-based smartphone application and the first of its kind in Australia, launched today. Aimed at everyday Australian residential property investors, Abakus makes property tax management more convenient and efficient – helping users self-manage their investment/s, maximise their tax return and obtain an estimate of their tax position at any time during the financial year. Investing in property offers tax benefits that make real…
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realestate.com.au ramps up content offering with relaunched news section
realestate.com.au is ramping up its content offering by increasing its content and product teams and launching a new-look news site. The new investment in content comes as Australia’s leading property site surpassed 3.4 million visits1 for the news section alone, growing 509 per cent year on year2 (January 2015 – January 2016). The new realestate.com.au/news, launched this week, features more…
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realestateVIEW.com.au partners with AFL players to share real estate journeys
realestateVIEW.com.au has launched an exciting new partnership with The AFL Players’ Association with a short behind-the-scenes look at Jack Riewoldt’s family home in Bellerive, Tasmania. The first taste of five AFL stars to begin sharing their real estate story, Riewoldt provides a glimpse into his childhood home in the upcoming series, which will launch on realestateVIEW.com.au on Monday 11th July.…
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BMT Acquires Homesales
BMT Tax Depreciation today announces that it has agreed to acquire homesales.com.au from carsales.com (ASX:CAR) in a move that is expected to generate immediate value for both businesses. BMT is a specialist quantity surveyor and a dominant provider of tax depreciation schedules for property investors across Australia. The homesales.com.au real estate sales portal was launched in 2009 bycarsales.com – Australia’s…
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Submissions open today for the AREAs
Submissions are now open for the Annual REA Excellence Awards (AREAs), the only awards to recognise and celebrate the success of the entire property and media industries. All customers of REA Group are eligible to enter and can do so until submissions close on 1 August 2016. Andrew Rechtman, REA Group’s Executive General Manager – Residential, said he was looking…
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Renter needs overlooked in pursuit of great Australian dream, reveals election survey
While housing affordability continues as a key issue in the final days of the Federal Election campaign, Renters are calling for more support, improved services, financial incentives and the recognition of renting as an accepted lifestyle choice in Australia. According to a recent 2016 Federal Election survey (1,541 respondents) conducted by Australia’s leading website dedicated to rental property, Rent.com.au, more…
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Landlord Real Estate Tycoon – A Real Estate Mobile Game to sharpen your investment skills
‘Landlord Real Estate Tycoon’ Provides a thrilling GEO-Based Property Trading Simulation Game On iOS® & Android™ Game developer and publisher Reality Games is proud to officially announce the worldwide release of Landlord: Real Estate Tycoon now available as a F2P (free-to-play) download on iOS® and Android™. Completely revamped on the iOS® and released for the first time ever on Android™…
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Ray White launches Home Now providing more value to each customer experience
Ray White continues it’s focus on customer excellence with the the launch of Ray White Home Now – an online comparison tool and utility connection service connecting customers faster when they move into a new home. Home Now’s point of difference is that it allows valuable customer data to stay within the business rather than being sent to external third…
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REA Group named as one of LinkedIn’s Top Attractors
REA Group has been included in LinkedIn’s Top Attractors list, featuring the top 25 companies where Australians would most like to work now, based on LinkedIn data. Entering the list for the first time, REA Group ranked 17th and was the sole company featured from both the digital and media industries. Commenting on the honour, REA Group CEO Tracey Fellows…
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