National
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Property flipping getting tougher as interest rates and building costs rise
Flipping property has been a solid investment strategy over the past 18 months, however, a leading buyers agent warns there are now additional risks that could make the practice less profitable.
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Headhunter-style solution for rental applications
Inspect Real Estate has released a new innovation in leasing, and already it's producing results for agents.
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Set and forget commercial assets in high demand
The appeal of "set and forget" commercial assets remains incredibly high with a leading expert suggesting investors should consider specific assets such as data centres, childcare centres and fast food retailers in the current market.
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Property price growth slows across regional Australia
Property prices across regional Australia are finally starting to show signs of easing after a record run of growth according to new data.
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Rising rents put pressure on desperate tenants
Tenants battling soaring rents and tight vacancy rates have turned to "desperate measures" in the struggle to find a home, while property managers are faced with testing conditions.
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Eview Group rebrands as Agents’Agency
Fifteen years after commencing as a single agency in Victoria, the Eview Group is set to embrace a new look and name as the network continues its rapid expansion across Australia.
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Auction clearance rate falls for fourth consecutive week
The preliminary clearance rate continues to trend lower after auction volumes rose 38 per cent this week to see 2847 homes taken to auction across the combined capital cities.
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New listings drop during a disrupted April
Listings eased off during April as vendors hit the pause on sales campaigns with the Easter and Anzac Day public holidays causing interruptions, according to new data.
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Integrated Rex products to help create clients for life
Rex clients will soon have access to a broader real estate eco-system, with the company announcing the integration of its existing products, along with some new additions set to arrive later this year.
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O*NO Legal offers first month of membership for just $1
Real estate industry clients are seeking more one-on-one support and increased accountability, according to O*NO Legal founder Kristen Porter.
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Buyer’s agent says keep interest rate rise in perspective
The headlines may be screaming doom and gloom, but one buyer’s agent says rising interest rates aren’t all bad news and purchasers need to keep things in perspective.
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Culture, Innovation, Strategy: Scale up your business at Elite Retreat
Elite Agent has announced its inaugural, luxury retreat aimed at equipping agents with the knowledge and strategies to create measurable change in their business and take the leadership position in their market.
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The Queensland mansion where Johnny Depp and Amber Heard stayed is for sale
The QLD property made famous when Johnny Depp and Amber Heard smuggled in their two Yorkshire terriers, Pistol and Boo, is back in the news thanks to the current court proceedings
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Demand for property falls in April
Demand for property eased in April with views-per-listings and sales both lower according to new data.
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Nerida Conisbee: Why this year could be a much better one for first home buyers
The start of the pandemic was a popular time for first home buyers to get into the market.
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The Australian suburbs that are primed for price growth
Campbells Creek in regional Victoria could be ripe for property price growth, as one of a number of locations that are set to buck the trend of a cooling market.
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Rate hikes to impact borrow capacity
Rising interest rates could see average home buyers’ borrowing capacity fall by more than $150,000, according to new research.
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Australian office investment set to surge in 2022
Investment in the Australian office market is set to surge this year, according to the latest research from valuer Knight Frank.
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How the rate rise affected this week’s auctions
After the first rate rise in over a decade, auction volumes were down this week, with 2039 properties going under the hammer, resulting in a preliminary clearance rate of 64.7 per cent.
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REA Group delivers a strong Q3 performance
REA Group has posted a strong third-quarter earnings result, buoyed by a booming property market as listings continued their post-COVID-19 recovery.
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Homely announces strategic partnership with National Property Group
Homely.com.au continues to redefine the way people buy, sell, rent and list property, with the integration of comprehensive property data for agents and consumers.
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Homeowners should expect more rate rises
Homeowners should be prepared for a series of rate hikes with experts tipping the official cash rate could rise to 2.6 per cent.
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Cash rate rises for first time in over a decade
After 17 months of record low interest rates, the Reserve Bank of Australia has today lifted the cash rate 25 basis points to 0.35 per cent while clearly indicating more rate rises are to come.
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Kath and Kim’s home to be demolished
The famous “Fountain Lakes” house used in Kath & Kim is being demolished in a sad day for fans of the iconic Australian TV series.
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Vacancy rates remain at record low levels
The national vacancy rate remains at a record low 1 per cent with all capital cities continuing to operate in a “landlords’ market” according to a new report.
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Labor looks to cut the cost of a mortgage by up to $380K
The Labor Party has announced its intentions to introduce a new shared-equity housing scheme that could help shave up to $380,000 off the cost of a home.
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Rising CPI suggests more affordability worries ahead
The highest inflation in 30 years suggests housing affordability is going to continue to decline, according to an industry body.
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Home prices stalled in April as rate hikes loom
Property prices stalled nationally last month with values seeing their smallest increase since May 2020 and the onset of the pandemic, according to new data.
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Economists predict rate rises are coming before August
Economists believe the RBA is getting set to hike the official cash rate (OCR) with 84 per cent believing a rise is coming before August.
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Propic acquires Property Realm to create intelligent AI platform to ease stress levels
Australian real estate PropTech innovator, Propic has acquired Property Realm in a move it says will “unapologetically disrupt” the real estate industry.
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Auction clearance rate slips further
The preliminary clearance rate has slipped further this week on the back of increased auction volumes across the combined capitals.
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Record inflation to keep pressure on households
The latest CPI figures shows inflation has risen to 5.1 per cent, putting increased pressure on mortgage holders and households according to experts.
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Three of the big four banks predict a May rate hike
The big four banks continue to bring forward their cash rate rise predictions, with three of the majors now forecasting the official cash rate (OCR) will increase next week, with more hikes “imminent”.
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The AI tech that powers agents across the nation
Artificial intelligence has been the buzzword for a decade and whilst other industries are advanced in its applications, the real estate industry is no longer a laggard as more and more agencies leverage this technology.
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Property boom losing momentum – Sydney price growth ‘flatlining’
The rate of property price growth in Australia has dropped dramatically in the first three months of the year, new data reveals.
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