Real Estate News
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Clearance rate steady as auction volumes continue to rise
Auction activity continued to increase this week, with volume up 20.7 per cent week-on-week and 36.2 per cent higher than the same time last year.
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The gap between house and unit values reaches a record high
Ongoing demand for more space has seen the difference in price between houses and units accelerate with the gap now at a record high.
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REIA announce National Awards for Excellence finalists
Finalists in the 17th REIA National Awards for Excellence 2022 have been announced, with the best agencies, agents and property managers set to vie for the coveted awards.
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REA Group introduces new team to give real estate agents a bigger voice in the industry
REA Group has introduced a new commercial growth and industry partnerships team to boost support to the real estate sector, with one of its first projects tackling property managers wellbeing.
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Flea lists his funky LA compound
Red Hot Chili Peppers' bassist Michael “Flea” Balzary has listed his unique, architecturally designed LA compound for US$9.8 million.
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Market Buy’s engine now available to brands
Online offer management platform Market Buy now provides brands with the ability to ‘white label’ their software for a branded experience.
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Explore Property enters the Whitsundays and Rockhampton markets
Explore Property Group is capitalising on the COVID-inspired trend of sea and tree changes, with new offices opening in the Whitsundays and Rockhampton.
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Luxe Listings Sydney is back for Season 2… with a new agent
The hotly anticipated second season of the hit show, Luxe Listings Sydney is about to hit the screens in Australia after quickly becoming must-watch TV for lovers of high-end real estate.
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Domain’s marketplace strategy reaping results with half-year revenue up 27.9 per cent
Domain’s ‘Marketplace strategy’ is reaping rewards with the group posting revenue of $175.3 million for the first half of the 2021/22 financial year.
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More Queenslanders eyeing off a career in real estate
On the back of a booming property market and an influx of new residents, nearly one in three Queenslanders like the idea of a career in real estate.
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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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Agencies embrace Richardson & Wrench business model
A growing number of seasoned agency owners are beginning the new year with a new name and more bang for their business buck after moving to the Richardson & Wrench franchise family.
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Retail property starting to bounce back
Sales volumes for retail property has returned to the highest levels since 2015 after seeing off a tough few years for the sector.
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Aussie iBuyer continues to grow as Zillow Offers exits US
A leading Australian iBuyer isn’t concerned about its position in the market despite Zillow calling it quits on its US homebuying 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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High Court rules on employee versus independent contractor issue
The High Court has confirmed the primacy of contractual terms and the importance of contractual interpretation in two crucial decisions handed down on 9 February 2022 regarding the distinction between employees and independent contractors.
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Antony Catalano to launch a new Melbourne-based publication
ACM Executive Chairman, Antony Catalano has confirmed that ACM will launch its first local news, lifestyle & property publication in the inner east of Melbourne, capturing Richmond, Cremorne, Burnley, Abbotsford and East Melbourne: the Inner East ReView.
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Aussie’s Spent $688 billion on property in 2021
Australians spent a whopping $688 billion in a home buying spree in 2021, which was an astounding 57 per cent more than the year before.
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ANZ scraps its most popular home loan
ANZ will scrap its most popular Breakfree package in a move that will impact 350,000 existing customers.
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HTW property clock stable, but what will happen next?
Herron Todd White (HTW) has released its real estate predictions for the year ahead as the monthly property clocks continues to show market stability.
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Openn appoints new CEO for Australia and New Zealand
Openn has appointed former chief operating officer Sean Adomeit as chief executive officer of its Australia and New Zealand operations, as part of its US expansion plans.
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Tree-changers drive regional property prices, reduce selling times
More space, flexible working conditions and affordability is fuelling a surge in regional property values, as Australians flee the capital cities in search of a more relaxed style of living.
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Mental health battles to force one in four property managers out
The pressures of the last two years have started to significantly impact the mental health of property managers across the country, with one in four now looking at leaving the industry.
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Similarweb names Openn in its Digital 100 annual rankings
Openn has been recognised by web traffic analysis company, Similarweb in an annual ranking of the fastest growing digital brands across five industry categories. Known as the Digital 100, the annual ranking is a globally recognised benchmark of digital performance. It ranks the fastest-growing sites in Australia across five key industry categories, including real estate, apparel, beauty, financial services, and…
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NSW and QLD driving demand for new housing
The home building boom is in full swing in NSW, with sales of new detached homes the second-highest on record over the past three months.
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Harcourts Packham initiates partnership to tackle homelessness in SA
A former backpacker’s hostel in the heart of the Adelaide CBD has been transformed into short-term accommodation for South Australians experiencing or at risk of homelessness in a partnership that is a first for the state.
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New data reveals best practice for email marketing
A new report from ActivePipe helps real estate agents make their email marketing more effective by revealing the key benchmarks to surpass to deliver best practice campaigns.
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Rents to skyrocket by thousands in 59 Australian suburbs
The cost of renting could jump $5000 in 59 suburbs across the country this year, as Australia sits on the cusp of the worst rental crisis in 230 years, according to Propertyology's Simon Pressley.
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How to maximise your buyers’ offers and keep them all onside
Every Agent knows that technology holds the key to help them become both effective and efficient.
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Auction volumes up 35 per cent, clearance rate also climbing
Auction volumes and the clearance rate continued to climb this week, with the number of auctions increasing 35.2 per cent while enjoying the highest success rate since late November last year.
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Inside Gwyneth Paltrow’s ‘forever home’
Movie star Gwyneth Paltrow might be known for her wellness-inspired brand Goop, however, if you’re expecting to find an array of Goop products in her home you’re going to be disappointed.
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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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Introducing the 2021 AREAs finalists
REA Group has this week announced the finalists for the 2021 Annual REA Excellence Awards (AREAs) with winners set to be announced at state-based events on 24 March.
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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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