Real Estate News
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The Agency records 26 per cent growth in revenue
The Agency has reported improved financial and operational results for the March quarter, with its total revenue up 26 per cent on the same quarter in the 2021 financial year.
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Pop king Robbie Williams buys Fannie Brice mansion
Musical superstar Robbie Williams has added a new purchase to his property portfolio having paid US$49.5 million for the former home of American comedienne, singer, theatre and film actress Fannie Brice.
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Slowdown arrives for New Zealand’s hot property market
New Zealand’s overheated property market looks to be slowing down thanks to rising interest rates and lower demand according to a new report.
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Sunshine Coast trio launch boutique brand to capitalise on their reputation
A Sunshine Coast team of three to has capitalised on more than 40 years of real estate experience and launched their own business, Walker & Rigby powered by UrbanX.
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Propic appoints head of innovation amid record growth
PropTech Artificial Intelligence pioneer Propic has appointed former McGrath Head of Martech Ryan Campbell as Head of Innovation, as it records significant Australian market growth and seeks to push into international markets.
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Elle selling her Coral Gables house
Supermodel Elle Macpherson has listed her Coral Gables house, set on 1.71 acres in the exclusive gated community of Journeys End Estates for US$29 million.
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Victoria most affordable for average income earners
Victoria dominates the list of most affordable properties for buyers on average salaries, according to new research.
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Inside Australia’s home of the year
JW Constructions in Queensland has won the HIA-CSR Australian Home of the Year award for a beautifully designed home that showcases open-plan living at its best.
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Ray White Surfers Paradise grows its leadership team
One of Australia’s most successful real estate agencies has added a new generation of leadership to ensure its continued success as it begins its fourth decade of operation.
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Geelong leads pandemic population surge
Geelong saw the largest population increase during the pandemic as homebuyers sought out more space and an escape from the city.
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Webinar to skill agents in what to do if a client’s privacy is breached
Did you know that Privacy Awareness Week is next week? Have you thought about how your office can participate and champion privacy with the rest of Australia?
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Sentiment remains high despite softening property prices
Confidence in the real estate market remains high despite slowing growth in property prices, according to a new survey.
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Madonna lists her Hidden Hills mansion
Yet another celebrity is leaving the exclusive enclave of Hidden Hills in Los Angeles with Madonna listing her luxury estate for US$25.995 million.
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The lowest preliminary clearance rate of the year
Despite the ANZAC Day long weekend, 1813 homes were taken to auction across the combined capital cities this week, resulting in a preliminary clearance rate of 67.6 per cent.
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Rental demand continues to soar as availability falls to lowest level in more than a decade
Near record demand and the lowest level of availability in almost 20 years is propelling a tough rental market, new analysis shows.
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You can now stay in the childhood home of the Beatle’s George Harrison
Beatles fans can get an insight into one of music’s most famous names with the childhood home of lead guitarist George Harrison available for overnight stays.
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Foreign investment in Australian commercial property doubles
Foreign buyers continue to be active in both buying and selling Australian commercial assets according to a leading expert.
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Perth’s bargain suburbs under $375,000
Despite Perth seeing a strong 12 months of property price growth, it’s still possible to find bargain buys close to the CBD according to REIWA.
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What’s driving the housing markets: HTW
Demand for residential property remains strong, however, the rate of growth is slowing according to the latest Herron Todd White (HTW) Month in Review.
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Emma Stone buys Texas estate
Actress Emma Stone looks to be relocating from LA to the increasingly popular city of Austin Texas.
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First Home Guarantee Scheme might not help all first-time buyers
While the First Home Guarantee Scheme has been expanded to help more first home buyers enter the property market, a leading expert believes many purchasers will not be in a position to access the increased financial caps.
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How property can help Australia become prosperous again
The Property Council of Australia is calling on the next Federal Government to adopt a range of property-related initiatives to help the country 'make the most of the 2020s' and return to prosperity.
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How to deliver ‘wow moments’ in a changing market
constraints and weakening consumer sentiment, Exp Australia Director Emily Morgan knows her vendors need more than her knowledge and experience to successfully navigate the current changing market.
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Investor lending reaches record high
Lending to investors has hit a record high level, outpacing the last two property booms.
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East coast kicks off 2022 with $150B worth of property sales
Despite talk of a softening market, Australia’s love affair with real estate continues, with the latest data from PEXA revealing more the $150 billion worth of property on the east coast settled during the first quarter of 2022.
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Zedd relists discounted Beverly Hills mansion for $23 million
DJ Anton Zaslavski, better known as Zedd, has relisted his Beverly Hills mansion for US$23 million - US$3.5 million less than he was asking last year.
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Bruce Willis’ former getaway is for sale at $37.5 million
Bruce Willis' former beachfront estate in the Turks and Caicos on Parrot Cay is for sale at US$37.5 million.
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Confidence in property dips in March
Confidence in Australia's property sector fell slightly in March but remains at historically elevated levels, according to the latest ANZ/Property Council's industry survey.
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Construction costs rise at the fastest rate in 21 years
The cost to construct a new home is rising at the fastest rate since 2001 putting increased pressure on builders, new home buyers and renovators.
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Brisbane high performer returns to RE/MAX
Accomplished Brisbane agent Henry Wong has rejoined the RE/MAX network after an absence of less than two years.
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Rents continue to rise as supply shortage bites
Rental prices for houses in Australia’s capital cities have hit their highest point on record, with the median price now $508 per week, according to the latest data.
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Low clearance rate due to Easter auction slowdown
The Easter long weekend resulted in the auction slowdown that had been widely predicted, with just 134 properties going under the hammer across the major capitals.
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What’s making news: Ryan Serhant, indoor plants, Luxe Listings and the rental crisis
There's never a dull moment when it comes to real estate. And with so much happening it can be easy to miss a great news story, an in-depth podcast or the latest in industry trends. That's why, each quarter we're going to bring you a compendium of some of the best read, watched and listed to content from Elite Agent.
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Big Bang Theory star sells mansion for $16 million
Big Bang Theory star Kaley Cuoco and former partner Karl Cook have sold their California mansion for $US16.2 million
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Australia’s top 10 most affordable regional areas
The great Australian dream of owning a home is still alive, with a new report identifying the Top 10 affordable regional areas in the eastern states.
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