NSW Real Estate News
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How floods impacted this week’s auctions
Just days after floods impacted both south east Queensland and New South Wales, the first set of property market data is in, with auction clearance rates and withdrawals offering an insight into the impact of the recent severe weather.
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Flood-affected housing markets could take years to recover
Property prices in flood ravaged East Coast markets could take years to recover according to new analysis.
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REIQ and REINSW outline resources for agents and PMs in flood-affected areas
The Real Estate Institute of Queensland is calling on agents and property managers to familiarise themselves with the resources available as the flood clean-up in Queensland continues.
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C21 continues expansion with two new offices
Following the rapid success of her Forbes office, Century 21 Principal Tara Kelly has opened a brand-new office in the diverse and thriving regional city of Parkes, in central NSW.
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Dynamic duo open third C21 office
Following the rapid success of their two existing Century 21 offices, experienced directors, Evan Wei and Jimmy Luo have opened a third office in the Inner Western Sydney suburb of Strathfield.
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Border reopening good news for some but could tighten rental market
Australia’s international border has reopened and a leading buyers’ agent says that spells good news for landlords hard hit by the mass Covid exodus two years ago.
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Dilapidated Sydney homes selling well above reserve
Three rundown Sydney properties have sold well above their reserve price over the weekend, highlighting just how strong the current market is.
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A different approach to real estate education
By the very nature of their profession, real estate agents are busy people, so when it comes to pursuing further study, the traditional process can be prohibitive.
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C21 Norwest launches with a digital focus
Having collectively spent decades in sales, finance, and business development, the three Principals of the new Century 21 Norwest office plan to bring a fresh approach with them, as they open their new real estate business.
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Newcastle high performer goes solo with her own business, Salt Property
After 23 years in the real estate industry, high-performing Newcastle Agent, Lyndall Allan has decided to take the next step in her career, launching her own business, Salt Property powered by UrbanX.
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C21 opens full service real estate agency in Box Hill
Century 21 is breaking the mould with its new real estate office in the booming suburb of Box Hill in Sydney’s North West.
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Proposed NSW property tax changes labelled ‘nonsensical’
The Real Estate Institute of NSW has labelled the State Government’s proposed changes to stamp duty "nonsensical".
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Franchise owner shifts gears to start his own brand
With over 20 years of real estate experience, Manly franchise owner, Marc Sorrentino has made the decision to leave the traditional model and launch his own brand, Sorrentino Property powered by UrbanX.
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New listings still won’t meet demand in NSW
A flood of new listings set to come to market this month will not be enough to make a tangible impact on undersupply in New South Wales.
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Leading Central Coast agents launch family business
A focus on providing an exceptional client experience is what motivated four central coast leading agents to launch their own boutique family business, Empire Property Co, powered by UrbanX. With over 55 years of combined experience, family members and top-performing agents, Jason Easton, Tatum Easton, Susan Svenson, and Josh Svenson took the leap to launch their own business, bringing an…
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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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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,…
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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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Second generation agent starts a new chapter in Figtree
Wollongong native and respected agent Michael Moate, along with his devoted team, will send off the year with a bang by launching Richardson & Wrench Figtree.
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Work-life balance is the key to an agency’s success
Great staff members are hard to find, and with a growing team over multiple offices Roy Amery knows the value of dedicated personnel.
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6 metre wide Darling Point home sells for $15.5M in just nine days
Sydney’s skinniest harbourfront home, previously owned by the late Lady Susan Renouf, has sold for $15.5 million, snapped up by a Melbourne couple before its February 12 auction date. At just six metres wide, the Darling Point residence was only listed for sale on December 3, according to realestate.com.au. CoreLogic records show the last time the property sold, in June…
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Report tips Sydney’s top performers for 2022
Rydalmere is tipped to be among Sydney’s best performers in 2022, according to a recent report which has crunched the numbers and looked at growth indicators for more than 600 Sydney suburbs. According to the Shore Financial State of Sydney Report, the suburb, which is next to Parramatta in Sydney’s west, could enjoy price growth of 17.4 per cent in…
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Sydney apartments set to make a comeback
Sydney apartments are set to be back in favour come the new year, according to Sydney agent Adrian Wilson.
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The Australian city second in the world for prime price growth
Sydney’s prime prices are expected to rise by 9 per cent next year, according to new data, making it the second highest city for prime price growth in 2022.
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More than half of first home buyers are going solo
First home buyers in New South Wales are seeking a home not an investment, with more than half going it alone, according to new data. The latest InfoTrack Property Market Update revealed in the year to October’s end, 84 per cent of NSW first home buyers purchased either a house (47 per cent) or a strata property (37 per cent)…
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Return of international students welcome news for investors
The impending return of international students will be welcome news to Sydney investors, particularly those with apartments near the city’s universities. With most Sydney residents now vaccinated against COVID-19, the NSW Government has announced hundreds of international students will be permitted to return from as early as December, with tens of thousands to follow in 2022. Century 21 Eastern Beaches…
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What agents need to tell potential buyers about house flipping
A real estate agent’s reputation is their lifeblood, so it’s critical they give the right advice when it comes to flipping houses.
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Vacancy rates fall across most of NSW, except Inner-City Sydney
Vacancy rates across Sydney and much of New South Wales have dropped this month, while the Inner Ring bucked the trend, experiencing its highest vacancy rate rise since June.
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Sydney’s next $2 million median suburbs revealed
With house prices rising across Sydney at more than 20% per year and with the median house price of around $1 million, the next barrier for many suburbs will be the $2 million mark.
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John Minns appointed as first NSW Property Services Commissioner
Former Independent Property Group Managing Director John Minns has been appointed as the first Property Services Commissioner for NSW, in a move to support the $100 billion industry and its consumers.
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New REINSW president Peter Matthews takes the reins
Peter Matthews, Founder & CEO of Realtair, today begins a two-year tenure as President of the Real Estate Institute of NSW (REINSW). Mr Matthews takes the reins from Leanne Pilkington, CEO and co-owner of the Laing+Simmons network, who remains on the REINSW Board.
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Sydney house prices to reach new heights in 2022
House prices are expected to surge as domestic borders open and international travel resumes, according to experts surveyed by financial comparison site, Finder.
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Bayside’s top agents launch new brand
Luke Humphrys and David Pearce have established themselves as the Bayside’s top agents, because of the different approach they bring to real estate and their creativity when marketing properties.
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NSW property market the strongest in 40 years
REINSW, CEO Tim Gibbons, believes the strength in the current market is ‘like nothing he’s seen before,’ as house prices across the state continue to surge upward.
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