NEWS
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Pretty Woman star Richard Gere selling mansion for $28 million
Hollywood star, Richard Gere has listed his 50-acre, upstate New York mansion known as Pound Ridge for sale for an impressive $28 million. …
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Covid-era startup records $1.43 billion of sales in 2021
After a year of growth and finishing 2021 with over $1.43B in sales, UrbanX has come a long way in a short amount of time. …
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Luke Evans joins The Agency
The Agency welcomes experienced performance and sales coach Luke Evans to the team as General Manager of Sales, NSW and ACT. …
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Regional Victorian house prices achieve record gains
House prices across regional Victoria have had an impressive 12 months of growth, recording the largest annual increase since 2001. …
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WA border delay to keep pressure on housing supply
Western Australia’s housing market will continue to remain tight following the State Government's decision to keep borders closed indefinitely. …
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Local Property Team opens third office in two years
Local Property Team is set to add a third hub to the group after clocking up outstanding results over the past two years. …
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Ray White Surfers auction achieves 80 per cent success rate
Ray White Surfers Paradise Group kicked off the 2022 auction season in style with 80 per cent of the 77 properties selling under the hammer at the 30th annual 'The Event' on Sunday. …
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New auction year kicks off after record December quarter
As predicted, the 2022 auction year has kicked off early, with 448 properties taken to auction nationally this week. …
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Sales of new detached homes in a ‘super cycle’
Sales of new detached homes increased by 11.3 per cent in December putting the level of demand in ‘super cycle’ territory according to a leading economist. …
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eXp Realty heads to New Zealand
Cloud-based brokerage eXp Realty is continuing its rapid worldwide growth by expanding its real estate operations into New Zealand, the Dominican Republic, and Greece in the first quarter of 2022. …
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Kiwis eye-off Australian real estate in greater numbers
New Zealand property seekers have their eyes firmly on the Australian real estate market, outranking the US and China as the overseas cohort with the largest increase in property searches Down Under. …
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Fancy your own fairytale castle? It comes with a hefty price tag
A custom-built Gothic castle has hit the market in the United States for an eye-watering price tag of US$35 million. …
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Inner city buyers and townhouse demand to drive property market in 2022
Reverse sea-changers and people moving back to the inner city and into townhouses could be the driving force behind the property market in 2022 according to a leading buyers agent. …
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Another lender weighs into the variable rate battle
Lenders might be raising their fixed interest rates, but variable rates continue to be slashed, with ANZ becoming the latest bank to cut its basic variable home loan. …
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Industrial property to outperform in 2022
Industrial property will continue to be a standout performer in the commercial sector while CBD office and retail will potentially struggle in 2022. …
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Rolling in the dollars: Adele set to buy Rocky’s house
Singer Adele is getting ready to move into Sylvester Stallone’s Beverly Park Mansion after reportedly making an offer on the movie star’s property. …
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Matthew Skene set to disrupt the Byron market under his own brand
The opportunity to do things differently and be a part of the real estate revolution is what motivated Matthew Skene to move away from the franchise model and launch his own brand, Skene & Co powered by UrbanX. Over the past five years, Matthew has been able to gain valuable real estate and sales experience in the Sydney market and, after moving to the Byron region with his family, …
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Build-to-rent-to-buy housing to help vulnerable ACT women
A new initiative from the ACT Government aims to help vulnerable and at-risk women get onto the property ladder. …
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How much does the average real estate employee earn?
The Australian Bureau of Statistics has revealed the average weekly income for employees in the real estate sector. …
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Residential land value hits $6.6 trillion with further increases tipped
The value of residential land in NSW might have hit $2.67 trillion, but it’s still worth less than tech company Apple. …
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Central coast home jumps by $4 million in 18 months
A luxury home for sale on the Central Coast has increased in value by $4.5 million in und two years, highlighting the surge in demand for properties in the area. …
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Aswin De Silva appointed new REINT CEO
The Real Estate Institute of Northern Territory (REINT) has announced its new Chief Executive Officer will be Aswin De Silva. …
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Profit making resales rise despite lockdowns
The rate of profit making resales continued to increase last quarter, overcoming widespread lockdowns in many areas of the country. …
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WA skills shortage could lead to an affordability crisis
A new Property Council report has revealed 35 per cent of new apartment developments are on hold across Perth due to the impact of the state’s ongoing skills shortages. …
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Perth’s top 10 suburbs for price growth revealed
The Real Estate Institute of Western Australia (REIWA) has revealed the top 10 Perth suburbs with the greatest price growth in 2021, with Woodlands leading the charge. …
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Value of home loan commitments rises after three months of falls
New loan commitments rose 6.3 per cent according to the latest data from the ABS marking continued strength in the national housing market. …
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Every New Zealand suburb grew in value in 2021
A new report has highlighted just how strong the New Zealand property market has been, with every suburb showing positive capital growth in the past 12 months. …
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Top 20 locations where investors can buy with a deposit of $100,000
New research has revealed the top 20 locations that investors can buy into with a deposit of up to $100,000. …
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Toby Sandell and team bring The Agency to Toowoomba
The Agency today announced the continued expansion of its national footprint with its launch into Queensland’s regional city of Toowoomba, helmed by leading and well-respected sales agent Toby Sandell. …
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An unremarkable end to a remarkable property year in NZ
A remarkable year for New Zealand’s residential property market came to an unremarkable end, according to property intelligence firm QV. …
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Peak, peaked or peaking? How to read the current property market
Last year’s incredible house price growth drew plenty of media commentary, but there’s one big question many continue to ask: when will the market peak? …
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Rents hit record highs in most capital cities
The latest data from Domain shows that rents across most capital cities in Australia are now at record high levels. …
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Bethenny Frankel’s loft hits the market
Reality TV star Bethenny Frankel’s Soho Loft has hit the market with an asking price of US$6.995 million. …
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More than 1000 suburbs top $1 million mark
The median house value has hit $1 million or more in 1120 Australian suburbs, new analysis from CoreLogic shows. The data released today shows that more than 400 suburbs in Sydney have a median house value equal to or greater than $1 million, while there are 221 suburbs in Melbourne. CoreLogic Research Director Tim Lawless said a $1 million price tag was becoming “more normal”. …
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Law reform key to digital Australia
Lawyers and business owners are calling out for consistent and permanent reforms across all Australian jurisdictions as digital document signing becomes a business mainstay. …
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