Real Estate News
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The Perth suburbs where houses sell in just 7 days
Perth’s property market is still experiencing a “high level of buyer demand” with a number of suburbs selling in record time.
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Vacancy rates at lowest level on record
National vacancy rates have plummeted to a record low of 1.2 per cent, while rental values have soared 2.9 per cent in the three months to June.
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Janet Jackson selling her Central Park apartment
After a quarter of a century of ownership, singer Janet Jackson is selling her Central Park apartment for US$8.995 million.
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REIQ concerned about “heavy-handed” changes to rental laws
The Real Estate Institute of Queensland (REIQ) fears investors may "tap out" and sell their rental properties as a result of legislation changes due to take effect from October 1.
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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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Century 21 increases presence in northern Melbourne suburbs
Century 21 is proud to announce the opening of their newest location in Wollert in the northern suburbs of Melbourne.
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Jellis Craig deploys AI technology to enhance customer experience
Leading Victorian real estate agency Jellis Craig has partnered with Melbourne-based start-up Rental Heroes to introduce a 24/7 renter concierge service powered by Artificial Intelligence (AI).
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Another cash rate hike with more to come
The Reserve Bank of Australia has warned homeowners more interest rate rises will follow as they raised the official cash rate 50 basis points, to 1.35 per cent, at its monthly meeting today.
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Top agent finds harmony in life balance
Alex Jordan is one of the highest-achieving real estate agents in Queensland and says looking after his health has been crucial to that success.
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It’s a landlord’s market: vacancy rate at record low
Australia’s rental vacancy rate is at the lowest point on record, with the market remaining firmly in landlords' favour according to the latest Domain Vacancy Rate Report.
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Australia’s housing market downturn building momentum
Adelaide is the only capital city still recording monthly property price growth higher than one per cent, with market experts tipping the rate of housing value decline will gain pace and spread further in coming months.
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Agents’Agency appoints new national head of growth
A sleek new look isn’t the only game changer for Agents’Agency this year, as the national brand announces the appointment of industry expert, Cristian Orrego, as Head of Growth.
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Drake Sells His Hidden Hills ‘Yolo Estate’
Rapper Drake has successfully offloaded the last of his three homes that made up his sprawling Hidden Hills compound for US$11.3 million.
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Over 90 per cent of experts tip interest rates to rise in July
There’s likely to be more pain ahead for borrowers, with 91 per cent of experts tipping the official cash rate to rise tomorrow, according to a new survey.
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Mining towns back in vogue as yields hit 10 per cent
The resurgence of mining towns is back as investors again look at the potential for high capital growth and high yields.
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How to sell in a boom year and still have time for the beach
Image Property Sunshine Coast's Nathan Christmas is coming off the back of a boom sales year in one of the country’s hottest real estate markets.
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Market Buy hires Will Farmer to run its US operation
Market Buy has welcomed a new recruit to lead its American operation as the online offer management company ramps up its rapid expansion into the US.
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Johnny Cash’s quiet California home hits the market
The California home once designed and built by The Man in Black is on the market for US$1.795 million.
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Lowest preliminary clearance rate in two years
The preliminary clearance rate has dropped to its lowest level in more than two years after auction volumes further declined this week.
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Home Guarantee Scheme expands to 40,000 places
Property market leaders have welcomed the expansion of the Federal Government’s Home Guarantee Scheme (HGS), but cautioned rising interest rates and inflation remained key issues for first-home buyers.
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Rising rates putting pressure on home prices
Brisbane property prices have fallen for the first time since April 2020, with rising interest rates dampening buyers' enthusiasm for purchasing.
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Why you need to future proof your real estate agency
Whether you have been in business for years or are thinking of starting up, managing your agency and building a valuable asset needs a solid legal foundation.
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Why sustainable homes sell faster
When given a choice, two-thirds of home buyers prefer energy-efficient homes according to new research from Domain.
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Michael Pallier selected to sell Melissa Caddick’s Dover Heights home
Michael Pallier, of Sydney Sotheby’s International Realty has been appointed to sell conwoman Melissa Caddick’s Dover Heights property.
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Nearly 13 per cent of first home buyers are considering purchasing interstate
With property prices rising faster than buyers can save, one in eight first home buyers have said they are considering purchasing a home in another state to help them get on the property ladder.
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Alyson Hannigan lists contemporary masterpiece that featured in ‘This Is Us’
How I Met Your Mother star Alyson Hannigan stands to make a whopping US$10 million profit for her modern San Fernando Valley estate after listing the five-bedroom, eight-bathroom mansion just six years after buying it.
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A quarter of homes sold for more than $1 million
Almost one-quarter of all homes sold in the past 12 months have been worth more than $1 million dollars
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Property prices fuel rise in household wealth
Climbing property prices continued to fuel an increase in total household wealth in the March quarter, with wealth per capita soaring to a record high of $574,807.
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Just how at risk is Australia of falling property prices?
Australian property prices will not fall as much as they have gained in the past 12 months according to industry experts, despite a new global study saying the market is one of the most at risk in the world of dropping.
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Gold Coast developer accepts crypto as deposit on luxury apartments
A Gold Coast property developer is accepting Bitcoin as a deposit for their latest luxury apartment development.
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Kate Mara and Jamie Bell list their secluded Los Feliz home
Married actors Kate Mara and Jamie Bell have listed their private retreat in the hills of Los Feliz for US$3.2 million.
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Virtual assistants a timesaver for agents
Not enough hours in the day? Frustrated because you really need more hands in the office but don’t have the budget?
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2021 Census: Apartment living rises but fewer homes owned outright
The way Australians live is becoming increasingly diverse, with fewer households owning their home outright and more people living in apartments, according to the 2021 Census.
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Kolmeo appoints Eloise Wall as first chief customer officer
Kolmeo CEO Scott Bateman said Eloise was chosen after an extensive and extremely competitive selection process which considered experienced and highly credentialled candidates.
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Sydney in top 10 for prime residential rent growth
Sydney has ranked fifth on a global list of cities with the highest annual rise in prime residential rents.
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