National

  • After a tight competition, the Australasian Real Estate Institutes’ Auctioneering Championship for 2018 has been awarded to Andrew North of New Zealand at a gala dinner at the Maritime Room in Auckland last night. Real Estate Institute of Australia (REIA) President Malcolm Gunning said the event, hosted this year by the Real Estate Institute of New Zealand (REINZ), who stage…

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    Fifth-generation real estate veteran Geoff White has taken over the reins as the CoreLogic National Head of Real Estate. A prominent member of the Victoria real estate industry with extensive expertise, Geoff has been CoreLogic’s Group Sales Director since 2017, and previously headed up the Real Estate Institute of Victoria (REIV). Mr White says that his time with CoreLogic Victoria…

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  • Australia and New Zealand are battling it out again, but this time the two countries are going head to head at the 2018 Australasian Real Estate Institute’s Auctioneering Championships, with the winner to be crowned Australasia’s best auctioneer at a gala dinner tonight. The Real Estate Institute of New Zealand (REINZ) is playing host this year and the five finalists who…

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  • The Agency has partnered with short-term rental management company MadeComfy to give property investors wanting to maximise yields, or homeowners seeking an income from a vacant property, a short-term alternative. “MadeComfy has a unique market positioning; their company and customer values are in alignment with The Agency – our core focus being customer-centric,” Maria Carlino, The Agency’s National Director of Property…

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  • The Harcourts Foundation, the charitable arm of Harcourts Group Australia, announced grants to nine Australian charities during its most recent quarterly funding round. A total of $66,268 was donated across Australia to benefit charities serving the communities where Harcourts employees live and work. “Over the past six months, a total of $100,128 has been granted by The Harcourts Foundation,” said…

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  • The Royal Commission released their interim report last week from the investigation into Misconduct in the Banking, Superannuation and Financial Services Industry. The report has called into question how buyers are assessed for loans and is likely to mean serviceability will continue to tighten. The report also called ASIC into question for failing to police the banking sector and highlighted…

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  • The October 2018 issue of the Month In Review report from independent property valuation and advisory firm Herron Todd White shows that the majority of markets in New South Wales are either at their peak or declining, while Brisbane and Adelaide are still on the rise. Residential According to the firm’s Residential Property Clock, NSW’s North Coast region, including Coffs…

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  • Yesterday (2 October 2018) the RBA Board decided to leave the cash rate unchanged at 1.50 per cent for its 24th consecutive meeting. “Conditions in the Sydney and Melbourne housing markets have continued to ease and nationwide measures of rent inflation remain low,” says RBA Governor Dr Philip Lowe. “Growth in credit extended to owner-occupiers remains robust, but demand by investors…

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  • In a potential omen ahead of Saturday’s AFL blockbuster, LJ Hooker has found West Coast’s neighbourhood outperformed the Pies’ over the last 12 months to claim the Grand Final of property. In a tight affair, it was the resurgence of the housing market in Subiaco – the traditional home of the Eagles – which kicked the deciding goals. Perth had been…

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    Harcourts Australia National Conference has been confirmed as among the best events in the country with the announcement of National and State Finalists in the 2018 Australian Event Awards. Recognised as a world leader in real estate events, the Harcourts National Conference is a defining three-day experience both across the franchise network and throughout the real estate industry. The Conference…

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  • REA Group has today announced the finalists for this year’s Annual REA Excellence Awards (AREAs), to be held in Sydney on Thursday 15 November 2018. The AREAs honour the most innovative, community-minded and highest-achieving individuals and businesses across the property and media industries. Twenty-one awards will be presented across the three categories of Innovation, Service and Marketing Excellence, and Community.…

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  • McGrath Estate Agents have announced that its agents and offices throughout the eastern seaboard have collectively donated more than $1,000,000 to charities during the 2018 financial year. McGrath Chief Executive Officer Geoff Lucas affirmed the company’s commitment to supporting and giving back to its local communities. “Community is at the core of McGrath’s values and truly ingrained in our culture. We…

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    For the eighth consecutive year, Australia and New Zealand’s real estate market has been ranked the world’s number one for sustainability in the internationally recognised 2018 GRESB real estate results. GRESB is the global benchmark for environmental, social and governance (ESG) performance of real assets, defining and measuring standards for sustainability performance. In 2018, GRESB assessed 903 real estate companies,…

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    Sustainable homes will see an increase in value as more and more householders take up solar rebates and reduce household energy consumption, according to independent valuer and advisory group Herron Todd White. HTW’s Managing Director in Melbourne, Tony Kelly, said as homeowners continued to take advantage of solar energy rebates and substantially reduced energy costs, the value of their homes…

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