NSW Real Estate News
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REINSW calls on NSW Government to stop the rental crisis blame game
The Real Estate Institute of NSW has hit out at the State Government’s implication that property managers and landlords are to blame for the state’s rental crisis, following news this week that the practice of ‘rent bidding’ was being investigated.
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Cunninghams expands on the Northern Beaches
Cunninghams Northern Beaches has continued its expansion after merging with the former LJ Hooker Collaroy team.
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Auction volumes drop across Sydney in November but sentiment starting to change
Sydney auction volumes have halved compared to this time last year as uncertain vendors have moved across to private treaty sales according to an expert.
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Vendors slash asking prices as selling conditions get tougher
Some vendors across Sydney are cutting their asking prices by as much as $800,000 as the market continues to shift.
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AFL star Lance ‘Buddy’ Franklin lists luxury Rose Bay home
Sydney Swans forward Lance Franklin and his wife Jesinta are selling their luxury Rose Bay home with a price guide of $5 – 5.5 million.
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Flood toolkit to help NSW real estate industry
The Real Estate Institute of NSW (REINSW) has updated its Disaster and Flood Relief Toolkit to help agencies and property managers better support their landlords and tenants, as well as take care of themselves.
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Next property boom could begin in mid-2023
The next property boom could start as soon as mid-2023 according to experts. Ayre Real Estate’s Directors Adrian Wilson and Craig Donohue have predicted that buyers should look to get into the market now ahead of a market turnaround when interest rates begin to fall. The Sydney city prestige apartment specialists said during the next boom apartments will likely outpace…
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Introducing JET Real Estate Byron Bay
Jason Dittmar, Elizabeth Hickey and Tania Sheppard are JET - the newest agency to hit the Byron Shire and Tweed Valley.
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A combined vision for culture: Michell Estate Agents launches with UrbanX
Simone Michell, in partnership with UrbanX, is excited to launch Michell Estate Agents, empowering her to create a space that embodies everything she believes in.
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NSW and Brisbane hit hard by the housing supply crunch
Inner Brisbane and the western suburbs of Sydney are some of the hardest hit locations of Australia’s housing supply crunch according to new research.
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Craig Pontey and Michael Finger move to McGrath
High-profile Double Bay agents, Craig Pontey and Michael Finger have officially moved over to ASX-listed McGrath after 35 years with Ray White.
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Online broker powers sales high for Ellen Property
Ellen Revello has posted her best year in real estate sales after launching her own business, Ellen Property, with the support of international online real estate brokerage eXp Realty.
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House buyback scheme announced for Northern Rivers flood victims
Two thousand homeowners affected by this year's severe flooding across Northern NSW will be able to access a land buyback scheme and additional support to raise or flood-proof their homes under a new government scheme.
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Two experienced agents turn to UrbanX for the future
One of the newest agencies to hit Coffs Harbour, Dobbs & Co is set to build a strong reputation on the northern beaches.
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Central Place Sydney receives DA approval from City of Sydney
Sydney’s new tech precinct, continues to take shape, with Central Place Sydney receiving Development Application approval from the City of Sydney.
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Renovate now, pay later adds thousands to properties sale price
A renovate now, pay later home preparation company is helping real estate agents and their vendors achieve hundreds of thousands of dollars above their initial appraisal price.
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Sydney vacancy rate hits nine-year low
Finding a rental property in Sydney is getting increasingly difficult, with new data showing the rental vacancy rate has just hit a nine-year low.
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Financial relief for flood-affected communities
In the wake of this weekend’s widespread flooding across south eastern Australia, the Federal Government and Victorian State Government have announced financial relief is available for flood-affected communities.
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New program to unblock local housing backlog
The NSW Government has announced an $11.5 million Unblocking Homes Program that will help fast-track the delivery of tens of thousands of homes tied up in local council red tape.
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Rundown Sydney home in need of $500,000 in repairs hits the market
A rundown Sydney home that needs upward of $500,000 in repairs is attracting plenty of interest from potential buyers.
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Sydney’s ‘Rainbow House’ to go under the hammer
One of Sydney’s most recognisable houses, a two-storey Enmore terrace painted in rainbow stripes in support of the 2017 same-sex yes vote, will go to auction on Saturday, October 8.
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Hefty deposit needed to inspect Melissa Caddick’s Dover Heights home
The Dover Heights home of missing alleged fraudster Melissa Caddick has officially hit the market, but if you’ve been wanting to take a peek inside, these photos are likely the closest you’ll get.
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Rent roll values rise across the eastern states
The median value of a rent roll across Australia’s eastern seaboard has risen to $470,657, new data from a specialist rent roll broker shows.
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Sydney’s Annandale Abbey back on the market for $15 million
One of Australia’s finest heritage homes, Annandale Abbey, is back on the market for $15 million.
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Sydney’s top-performing suburbs over the past year
Despite property prices trending lower across Sydney, there are still a number of suburbs that continue to perform strongly according to new analysis.
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$8 million double apartment sale in The Horizon breaks records
A double apartment in Sydney’s The Horizon tower has sold for a record-setting $8 million.
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Tech occupiers drive rapid growth in city fringe office market
Commercial investor activity on Sydney’s city fringe is tipped to hit record levels before the end of the year.
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Overseas investors vying for Sydney’s Tech Central
Overseas investors are among the front runners vying for a slice of Sydney’s new big-ticket technology precincts.
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The Agency expands Sydney footprint into Rosebery
The Agency today announced the expansion of its Sydney footprint with respected Rosebery agent Chris Skarlatos joining the team.
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TRG names a new director for the Woollahra office
Another new face is walking the floors at The Rubinstein Group, with Eastern Suburbs specialist Mark Lowe named as director of the group’s Woollahra office.
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John Minns reinstated as NSW Property Services Commissioner
In a surprise move from the NSW Government, John Minns has been reinstated as Property Services Commissioner just weeks after it announced he would be replaced with an independent statutory Property Services Commissioner.
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Sydney properties top the international waterfront index
Luxury waterfront properties in Sydney command the highest premiums in the world, with the Harbour City taking out top spot in this year’s international waterfront index.
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Fairlight cottage tipped to go from $3000 to more than $3 million
A Circa 1910 cottage that cost just $3000 about 60 years ago is now on the market with a price guide of $3.7 million.
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NSW Government to appoint independent statutory property services commissioner
The NSW Government has announced it will appoint an independent statutory Property Services Commissioner from August 1 to drive reform, boost industry standards and support consumers.
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LJ Hooker South Coast offices ready to save a life
Ten LJ Hooker real estate offices on the NSW South Coast have been fitted with lifesaving medical equipment in a bid to reduce the number of Australians that die from the nation’s biggest killer each year - sudden cardiac arrest.
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