Real Estate News
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Profitable resales start to fall across New Zealand
Profitable resales across New Zealand have started to fall as interest rates rise and a surge in listings weighs on the property market.
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Inside Real Housewives Diana Jenkins’ ultra-modern Beverly Hills mansion
Real Housewives of Beverly Hills star Diana Jenkins might own a Hidden Hills estate, but she is currently leasing a US$17.4 million Beverly Hills mansion as she shoots the latest season of the hit show.
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AI digital assistant RiTA now integrates with PropTech Group’s Eagle CRM
PropTech Group's Eagle CRM is the newest addition to the list of CRM's digital assistant RiTA plugs into. The integration allows real estate agencies using Eagle CRM to generate more leads from their CRM and clean their data through the power of Artificial intelligence (Ai) and automation.
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REA Group retains top four position in Australia’s Best Workplaces
Great Place to Work has named REA Group Australia’s fourth Best Workplace for 2022 in the large company category.
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Domain records strong financial year results
Significant growth in Domain’s residential online business, including a 9 per cent jump in listings, has underpinned the group posting revenue of $357 million for the 2021-2022 financial year.
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Luxury property expert Bradley Cocks joins DiJones Southern Highlands
DiJones Southern Highlands has bolstered its ranks with the appointment of Bradley Cocks who has extensive expertise across marketing, communications and promotion of luxury travel and property developments.
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Christine Mikhael appointed CEO of LJ Hooker Group
Christine Mikhael has been Acting Chief Executive Officer for the group over the past six months where she has shown outstanding leadership skills, making her a natural fit for the role. The Announcement: The Board of the LJ Hooker Group today announced the appointment of Christine Mikhael as Chief Executive Officer and a member of the Board. Ms Mikhael’s appointment…
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Ray White trademarks ‘Competition Creators’
After being interwoven into the everyday language at Ray White, ‘Competition Creators’ has been successfully trademarked by the group when referring to auctioneering and the auction process. The Announcement: In a world first, the Ray White Group has successfully trademarked the phrase ‘Competition Creators’. The phrase was coined by the group’s chairman Brian White AO and is now interwoven into…
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Crypto king buys Toorak ghost mansion for $80 million
A mysterious crypto king has splurged a stunning $80 million on an unfinished Toorak mansion, setting a state record in the process.
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This is Us star Milo Ventimiglia buys a secluded Malibu getaway
This is Us and Gilmore Girls star Milo Ventimiglia has paid US$4.4 million for a modern, ocean-view, ranch house in the far reaches of Malibu.
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Industrial assets could be a good inflation hedge
Industrial assets could be a good hedge against ongoing inflation pressures but not all commercial assets will be as effective according to an expert.
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145,000 homeowners would consider selling if rates rise
Over half a million Australian households would struggle to pay their mortgage, with many forced to sell, if interest rates rose three per cent according to a new survey.
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New property.com.au marketplace boosting vendor confidence
REA Group’s property research destination, property.com.au, has today launched a new consumer Marketplace aimed at removing more barriers for buyers and sellers.
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Macaulay Culkin buys Kiefer Sutherland’s Toluca Lake estate
Home Alone star Macaulay Culkin and his fiance Brenda Song have been named as the mystery buyers of Kiefer Sutherland’s Toluca Lake estate.
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Domain launches ‘find your way home’ spring campaign
Leading property marketplace Domain has launched its national multichannel spring campaign via DDB and PHD following another successful year, which saw digital audiences peak to 8.4 million in a month.
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Holly Jones takes out two top gongs at Ray White international awards
Holly Jones said she loves providing incredible results throughout the selling process and finds helping buyers find their dream property incredibly rewarding.
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Big banks pass on the full 0.5 per cent rate hike
Three of the big four banks have passed on the Reserve Bank of Australia's full August interest rate rise of 0.5 per cent.
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Nerida Conisbee: Why mortgagee sales are rising
Cost of living pressures and mortgage stress has seen the number of mortgagee sales increase according to new data.
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Free real estate job search website launched
Entry Education has broken new ground with the creation of an innovative job search website designed by property professionals for property professionals.
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Alec Brown named Ray White Australia’s top auctioneer
Alec Brown says he sees auctioneering as a responsibility to agents and their clients, so he ensures he brings his A-game and strives to help facilitate the best outcome. The Announcement: Alec Brown from Ray White Canberra is one of the country’s leading auctioneers and has just been named Ray White Australia’s top auctioneer for 2022 at the agency’s national auctioneering…
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Top locations for investors with a $100k deposit
Outer city and regional areas are providing the best value for investors with a $100,000 deposit according to new research.
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Sherrie Storor’s Build Your Best Life podcast launches Season 2
Australian entrepreneur Lorna Jane Clarkson will join a host of big-name real estate professionals, including Ewan Morton and Michael and Joel Davoren, on Season 2 of Sherrie Storor’s Build Your Best Life (BYBL) podcast.
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The Tasmanian market contracts as rates rise
Rising interest rates have started to bite in Tasmania with sales activity contracting.
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Hugh Jackman buys minimalist West Chelsea penthouse
Hollywood megastar Hugh Jackman has quietly picked up a luxury New York penthouse in West Chelsea for US$21.125 million.
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Clearance rate above 60 per cent for the first time since June
The preliminary clearance rate has topped the 60 per cent mark for the first time in 10 weeks after auction activity rose this week.
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Real estate farewells property manager with a big heart
Coronis Director Lia Storer is being remembered as a top property manager with a great sense of humour and “the biggest heart” following an 18-month battle with cancer.
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New agents are in for a market shock
The throng of new real estate agents who joined the industry during the recent market boom could be set to struggle during the current downturn, according to some of the nation’s top agents.
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Brisbane eastern suburbs expert joins RE/MAX Results
Karen Chappell’s ability to give clients total honesty, focus and care aligns with RE/MAX’s values, making the move a great cultural fit. The Announcement: Real estate director Hayley Van De Ven continues her success in attracting elite agents to her RE/MAX Results team, with highly acclaimed Brisbane eastern suburbs specialist, Karen Chappell, the most recent addition. Ms Chappell has more…
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Early adopter soars to top with Area Specialist
Hardeep Singh doesn’t have time to look back.
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Inflation outstrips rental growth for more than a decade
Inflation has risen at more than twice the rate of weekly rents over the past decade, forcing many landlords to say "enough is enough".
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Ben Affleck selling his Pacific Palisades bachelor pad
Two-time Oscar winner Ben Affleck is selling his LA bachelor pad after marrying former fiancée Jennifer Lopez.
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Why Brett Andreassen makes time for work and play
Setting clear boundaries between work and family time is crucial for high-achieving real estate agent Brett Andreassen.
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Cranbourne agency explores ‘all avenues’ with new business
When experienced agents Naval Aulakh and Yogi Patel decided it was time to break the mould and start their own agency, they enlisted the help of Identity Marketing to create their brand from the ground up.
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Record results for BresicWhitney
BresicWhitney posted record results in its 2021/2022 financial report, following the new leadership structure lead by Thomas McGlynn and Will Gosse.
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LJ Hooker opens two new offices in thriving NSW regional hubs
LJ Hooker have opened two new offices in Bathurst and Griffith as the group continues to expand in New South Wales.
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