National

  • The Sunshine Coast and Bathurst are among areas sitting at the top of the property clock, bucking a trend which sees most of New South Wales in a steady decline, while much of regional Queensland begins its recovery. These are the latest insights from independent valuation and advisory firm Herron Todd White who also had …

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  • The Agency Group has reported continued growth, notching up $402 million worth of property sales in April and May, and $34.8 million in year-to date Gross Commission Income (GCI) to the end of May, 2019. West Coast operations, which incorporate The Agency and SLP brands, achieved the highest GCI of $1.3m in May, while the …

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  • McGrath Limited has announced the appointment of a new Chief Financial Officer as the company faces further losses in the final quarter of FY2019 if weak market trends continue. The company expects a full year EBITDA loss of up to $6.5 million for the year ended June, 2019, following on from an EBITDA loss of …

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  • At its annual Australasian Convention, Century 21 inducted Nickolas Dilles to its Hall of Fame and recognised top performers from within its network. Hamilton Island was the location of the 2019 Century 21 Convention, which saw attendees from across the business come together for three days of motivation, training, and networking. A key part of …

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  • Renters will be empowered with greater financial flexibility and convenience when funding their next rental bond thanks to a joint venture between Australia’s leading rental property website and a finance company. Fair Go Finance has partnered with rent.com.au to develop and fund convenient financial products aimed at more than 600,000 renters who visit RENT’s App …

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  • realestate.com.au has announced Jellis Craig Hawthorn Director, Sophie Lyon, is the winner of the inaugural Real Ideas Prize. The nationwide competition saw real estate industry professionals reimagine the rental experience in Australia and had a total prize pool of $100,000 up for grabs. Ms Lyon pitched ShowMeNow – an Uber style concept designed to make …

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  • Housing Industry Association (HIA) National Vice President Simon Norris has been elected the industry body’s President following the recent departure of Pino Monaco. Mr Norris boasts more than two decade’s association with the HIA, including a former stint as Queensland President. “Simon’s involvement with the HIA has spanned over 20 years, in various roles including …

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  • New research by research group sellorhold.com.au has uncovered 15 affordable suburbs around Australia, where they say buyers are tipped to make at least $50,000 in three years after offloading underperforming properties elsewhere. Head of Research Jeremy Sheppard said low growth forecasts were common in a number of suburbs in Darwin and Perth, which means that …

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  • Australian property developer Crown Group says the Reserve Bank’s latest rate cut is welcomed by developers and is seeing a return of confidence among home buyers and property investors. Chairman and Group CEO Iwan Sunito said he had seen a surge in both confidence and buyer activity in the past two weeks, as a result …

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  • After the resounding success of last year’s inaugural competition, the AREC Australasian Auctioneering competition has now established itself as an integral part of the Australian Real Estate Conference. Under the direction of AREC founder John McGrath, the competition was judged by an independent panel of four, who awarded the AREC 2019 Australasian Auctioneer to New …

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  • Housing affordability marginally improved across the country in the March quarter of 2019 with the exception of the Northern Territory, according to research from the Real Estate Institute of Australia and Adelaide Bank. REIA President Adrian Kelly said the March quarter 2019 edition of the Adelaide Bank/REIA Housing Affordability Report found New South Wales had …

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  • Stanton Hillier Parker has announced it will re-open its real estate arm in Australia. The business will be under the guidance of new management, offering boutique property advisory services to a diversified range of clients Australia-wide. Stanton Hillier Parker was originally formed via the merger of Hillier Parker, first established in 1896 in the United …

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  • International edtech company Cohort Go has partnered with UniLodge Australia to roll out custom-built payments software that will make it easier for students to pay for their accommodation. UniLodge, a specialist accommodation provider for universities, colleges and TAFEs, manages over 70 properties across Australia. The partnership enables UniLodge to eliminate manual reconciliation of fortnightly student …

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  • In what was a widely expected move, the Reserve Bank of Australia has cut the cash rate to an all-time low of 1.25 per cent. At their monthly meeting on June 4, the Board elected to lower the cash rate by 25 basis points, explaining the decision was aimed at supporting employment growth and providing …

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