Real Estate News
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TRG squad in training for worthy cause
Super fit Ray White TRG managing director Jarryd Rubinstein has top agents Patrick Cosgrove and Oliver Lavers on a gruelling training regime in preparation to tackle the deadly Kokoda Track to raise money for brain cancer.
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Steve Bellotti’s Mosman masterpiece relaunches with $36-$38 million price guide
Former banker Steve Bellotti has relaunched his Mosman mansion with an eye-watering $36-$38 million price guide which would set a new suburb record should it sell.
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Federal Election puts a dampener on auctions
With the nation heading to the polls for a Federal Election at the weekend, both the auction volumes and the preliminary clearance rate felt the effect, slumping to the lowest success rate of the year. CoreLogic reported auction activity was down across all capitals, except Perth, with just 1676 properties going under the hammer in the combined capitals to record…
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Is TikTok moving into Circular Quay?
Popular video-sharing social media network, TikTok is in talks to take up a large portion of Sydney’s soon-to-be tallest office tower in Circular Quay.
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Rising construction costs to weigh on builders and home buyers: HTW
Rising construction costs are ongoing labour shortages are putting increasing pressure on builders and new home buyers, according to the latest Herron Todd White (HTW) Month in Review.
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Perth luxury market ‘gearing up’ for growth
Luxury property market prices in Perth are expected to soar in the second half of 2022, according to experts.
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Tight rental conditions forcing rents higher
Tight rental conditions across the country will likely see rents continue to surge in a number of locations according to new analysis.
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The King of Queens star Kevin James looks to flip his mansion for a tidy profit
The King of Queens star Kevin James is looking to offload his South Florida mansion for a tidy $6 million profit having owned the property for just 18 months.
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Property flipping getting tougher as interest rates and building costs rise
Flipping property has been a solid investment strategy over the past 18 months, however, a leading buyers agent warns there are now additional risks that could make the practice less profitable.
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Qantas CEO Alan Joyce splashes out on Mosman mansion
Qantas Chief Executive Officer Alan Joyce has purchased a $19 million Mosman waterfront as he prepares to move out of his apartment at The Rocks.
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Century 21 expands network with Byron Bay opening
The award-winning Century 21 Plateau Lifestyle Real Estate team are expanding their business with the opening of a second office in Byron Bay. Launching this month as Century 21 Byron Lifestyle, the office is located in the heart of the thriving Byron township.
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Headhunter-style solution for rental applications
Inspect Real Estate has released a new innovation in leasing, and already it's producing results for agents.
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Set and forget commercial assets in high demand
The appeal of "set and forget" commercial assets remains incredibly high with a leading expert suggesting investors should consider specific assets such as data centres, childcare centres and fast food retailers in the current market.
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Property price growth slows across regional Australia
Property prices across regional Australia are finally starting to show signs of easing after a record run of growth according to new data.
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Cameron Diaz and Benji Madden pick up Montecito mansion
Retired movie star Cameron Diaz and her rocker husband Benji Madden have splashed out US$12.67 million for a Montecito mansion adding to their already impressive property portfolio.
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Andrew Pogue uses his community standing to start his own brand
As a well-known and respected member of the local Shepparton community, there was no better time for high-performing agent, Andrew Pogue to launch his own business powered by UrbanX. After following in his father's footsteps and entering the real estate industry 6 years ago, he has always wanted to run his own business and work for himself.Â
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Sales activity starts to slow down across Tasmania
After a record 12 months for real estate sales across Tasmania, new data from the Real Estate Institute of Tasmania shows that sales and prices are beginning to slow.
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Mariah Carey buys The Rock’s former Atlanta rental
Best-selling female recording artist of all time Mariah Carey has reportedly, purchased a 4.2-acre Atlanta mansio in an off-market deal valued at US$5.65 million.
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Who has the better first home buyer policy?
With less than a week until the Federal Election, Ray White chief economist Nerida Conisbee examines the pros and cons of both parties' first home buyer policies.
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Venice penthouse for the price of a Sydney apartment
A historic Venice penthouse with stunning postcard views is on the market for roughly the same price as a luxury Sydney CBD apartment.
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Area Specialist model expands to Mornington Peninsula
Mornington Peninsula agent Lloyd Hillard is looking to give other agents the chance to be their own boss while earning much more than in a traditional real estate office.
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Strong WA economy to boost the local housing market
The latest State Budget for Western Australia has revealed a healthy local economy which should continue to boost residential house prices, according to the Real Estate Institute of WA (REIWA).
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Snowy Mountains agents rebrand to start boutique agency
After a combined 25 years of experience in the real estate industry, husband and wife duo Peter and Joan Bird have decided to leave the traditional large-scale franchise model and launch their own brand with the help of Identity Marketing.Â
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Rising rents put pressure on desperate tenants
Tenants battling soaring rents and tight vacancy rates have turned to "desperate measures" in the struggle to find a home, while property managers are faced with testing conditions.
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In the final weeks of the Federal Election campaign, housing supply takes centre stage
Last night, the Liberal Party launched its Federal Election campaign in Brisbane, unveiling two new housing policies to help people buy homes if they are re-elected. First is an extension of the existing superannuation tax incentive, which allows Australians aged over 65 to sell their homes and invest an extra $300,000 per person into their super. This will now be extended…
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Eview Group rebrands as Agents’Agency
Fifteen years after commencing as a single agency in Victoria, the Eview Group is set to embrace a new look and name as the network continues its rapid expansion across Australia.
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Auction clearance rate falls for fourth consecutive week
The preliminary clearance rate continues to trend lower after auction volumes rose 38 per cent this week to see 2847 homes taken to auction across the combined capital cities.
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RE/MAX office opens in Flagstone
Leading RE/MAX business owner Melina MacNellie-Verrall had Flagstone, between Brisbane and the Gold Coast, targeted for her second real estate office since she joined the global real estate network in November 2020.
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Dynamic duo opens Better Homes and Gardens Real Estate in Glenmore Park
Better Homes and Gardens Real Estate is excited to announce its expansion to a new location in Glenmore Park, NSW.
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New listings drop during a disrupted April
Listings eased off during April as vendors hit the pause on sales campaigns with the Easter and Anzac Day public holidays causing interruptions, according to new data.
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Darren Krakowiak: The four things that matter if you want to do more deals
There are just four things that matter if you want to win more work in commercial real estate.
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Nick Kyrgios lands cool Sydney penthouse
Tennis ace Nick Kyrgios has landed a cool penthouse in Sydney, just a month after he made it known he was set to relocate to the Harbour city.
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Integrated Rex products to help create clients for life
Rex clients will soon have access to a broader real estate eco-system, with the company announcing the integration of its existing products, along with some new additions set to arrive later this year.
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Emily Ratajkowski lists Echo Park compound
Model and actress Emily Ratajkowski has put her renovated Echo Park compound on the market, with a modest US$2.195 million asking price.
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NSW regional vacancy rates on the rise
New data from REINSW indicates record low vacancy rates across much of regional NSW are now starting to ease.
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