NSW Real Estate News
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New company set to make build-to-rent more flexible for tenants
A new property management company is aiming to make build-to-rent properties across Sydney more flexible and convenient for tenants with the ability to move buildings and be quickly approved for a rental.
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Foreign Investment Review Board rejects Tinkler buyer
The multi-million dollar sale of Nathan Tinkler's beachfront mansion has collapsed, with reports suggesting the Foreign Investment Review Board (FIRB) rejected the buyer.
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Chrissie Ren joins The Rubinstein Group
The Rubinstein Group has appointed its first female sales executive, with Chrissie Ren joining the group at its new Rose Bay office.
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Presence makes its mark in the Newcastle and Lake Macquarie real estate landscape
When Mark Kentwell rebranded his Newcastle-based real estate business to Presence recently, he did so with a clear vision in mind.
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Going for gold: RE/MAX opens in Olympic Park
Experienced business owner and sales director, Joseph Choi, has opened RE/MAX Prestige, which is the first, and currently the only, residential real estate sales office established in Olympic Park, Sydney.
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Unliveable house sells for $1.3 million at auction
A run-down Sydney house, marketed solely for its land value, has sold at auction for $1.35 million.
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Vacancy rates on the rise across NSW
In positive news for NSW renters, vacancy rates continue to rise, however, conditions still remain tighter than prior to COVID.
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$2.2 billion housing and infrastructure plan announced in NSW Budget
A $224 million Essential Housing Package has been announced as a major part of the NSW Budget as the State Government attempts to address the “historic neglect” of social housing supply.
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Landlord ordered to pay tenant for not keeping property in “reasonable repair”
A NSW landlord has been ordered to pay a former tenant $2100 for not keeping a rental property in “reasonable repair”.
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Honest marketing plan sees hoarder house sell way above reserve at auction
A Central Coast hoarder house, complete with clutter and disarray has been sold for an astounding $160,000 over its reserve price, catching onlookers and real estate agents off guard.
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Best Nest creates innovative rewards program to ease tenant vacate costs
An innovative property management agency on Sydney’s far western outskirts is set to introduce a new tenant rewards program that solves one of renters main pain points - the added costs associated with vacating a property.
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“Pure paradise” hits the market at picture-perfect Yamba
A luxurious property in Yamba, situated just an hour from Byron Bay, has hit the market with a price guide of $13-$14 million.
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It costs $75,000 less to build a new home closer to Sydney CBD
Housing built closer to the Sydney CBD could end up saving $75,000 in infrastructure-related costs per home according to new research.
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Affluent Sydney suburbs expected to outpace more affordable areas
Suburbs in the middle and upper end of the Sydney property market are expected to grow by as much as nine per cent in the next six months, far more than more affordably priced homes according to a new report.
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REA Group identifies ways to ease the NSW rental crisis
Unlocking housing supply, including improved use of existing properties and streamlined government planning processes to boost fast and effective development, are among the key recommendations from REA Group to solve the rental crisis in NSW.
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Social housing boost for Sydney’s Waterloo Estate
Almost 500 additional social and affordable homes will be added to Waterloo Estate, under revised plans for the rejuvenations of one of the nation’s largest social housing estates.
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Agents need to plan auction campaigns early ahead of a busy Spring
With listings set to rise this Spring selling season, it’s critical that agents start planning their auction campaigns early to ensure they get the best possible result, according to an expert.
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Richardson & Wrench Kellyville opens with top team
Richardson and Wrench has bolstered its network presence in Sydney’s Hills District, partnering with highly regarded property professionals Amit Shrestha, Joseph Supan and John Albertini to open a new office in Kellyville.
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From corner store job to heartwarming home sale: Samuel Shooter’s full-circle moment
When Samuel Shooter sold the pastel lemon cottage on Wirraway Close in Dubbo, it represented a lot more than just another sale.
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Housing affordability is driving families out of Sydney
Young families are leaving overpriced Sydney en masse, pushed out by the skyrocketing price of property according to a new report.
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Reaching his peak: Mark Poole launches Poole Property
After 12 years in real estate, Mark Poole has decided to take the plunge and create something extraordinary - launching Poole Property in partnership with UrbanX.
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Former Fairfax family estate hits the market for $12 million
A stunning country estate that was built for media mogul John Fairfax's grandson, has hit the market with an asking price of $12 million.
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NSW Government appoints first rental commissioner
The NSW Government has appointed its first-ever rental commissioner in a role it has termed will be a “voice for renters”.
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NSW Government’s Rental Fairness Bill could worsen the housing crisis
The NSW Government’s proposed Rental Fairness Bill is anything but fair according to real estate experts who fear it will only make the state’s housing crisis worse.
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Stone Real Estate joins forces with Propic to leverage leading Artificial Intelligence technology
Stone Real Estate has announced a game-changing partnership with Propic, a leading Australian real estate PropTech innovator.
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The majority of agents are complying with NSW rent bidding laws
The vast majority of agents in NSW are doing the right thing and complying with rental bidding laws according to NSW Fair Trading.
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RE/MAX Metro on the move
Changes are afoot at RE/MAX Metro, with the Sydney real estate office relocating to the Lower North Shore suburb of St Leonards and ownership transferring to experienced property leasing and management professional, Serena Tang.
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States desperate for social housing as rough sleeping numbers spike
The government needs to build 6000 new social houses every year for the next decade to end homelessness according to a new report.
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Your chance to own a former theme park
The former Fantasy Glades theme park in Port Macquarie is up for sale with potential buyers able to relive their childhood adventures.
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NSW vacancy rates ease but crisis not over
Vacancy rates have lifted across some parts of NSW but the state’s peak industry body has warned the rental crisis is far from over.
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Why a distinctive brand is important: lessons from a recent trademark case
It’s no secret that real estate is a competitive business. Day in, day out, agents are competing for the attention of vendors and seeking ways to stand out from the crowd.
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Sydney’s Macarthur area to gain a new agency with Richardson & Wrench Campbelltown
Leading real estate group Richardson & Wrench is welcoming a new member to its growing family of agencies in Sydney’s South West, with the launch of its Campbelltown office.
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The Sydney suburbs tipped to see values rise
With home prices rebounding across Sydney in recent months, a number of high-profile suburbs including Kogarah Bay, North Bondi and Paddington are tipped to see even more growth according to a new report.
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Sydney council proposes tax on empty homes
In an effort to combat the housing affordability crisis and increase the availability of rental properties, the Inner West Council in Sydney has put forward a proposal for a tax on empty homes.
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Rent bidding legislation could prove problematic
Proposed legislation to eliminate “secret rent bidding” is currently before NSW parliament, but the head of the state’s leading real estate industry body fears it could be difficult to manage in practicality.
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