Real Estate News
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RE/MAX Extreme grows with addition of Oceanside Realty
Neighbouring real estate businesses have merged in Perth with the sale of successful boutique agency, Oceanside Realty, to RE/MAX Extreme, a leading office in the Australian and global network.
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Office demand improving for high migration states
Locations with strong population growth have also started to see improvement in office demand.
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Should NZ first-home buyers purchase now or wait?
There might be merit in first home buyers waiting a little longer before trying to get into the New Zealand property market, according to a leading expert.
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Belle Property Newmarket welcomes Jonathan and Anna Levey
Belle Property is pleased to announce new leadership to its leading Newmarket office in Brisbane. The Announcement: Leading real estate brand Belle Property has announced an exciting change of ownership of its successful Newmarket office. After eight years as business owners of a nearby real estate agency, leading Sales agent and Principal, Jonathan Levey, and Property Management specialist, Anna Levey,…
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Growing your business isn’t all about digital
It’s easy to get bogged down and overfocused on digital platforms, including digital marketing and social media, when it comes to business growth.
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More Perth suburbs join the million-dollar club
Strong price growth across the upper end of the Perth market has seen eleven new suburbs join the million-dollar price bracket for the first time.
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Johnny Galecki selling his Hollywood Hills home
Big Bang Theory star Johnny Galecki is selling his Los Angeles home that has been previously owned by Jason Statham, Lou Diamond Phillips and Ben Stiller.
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Sydney properties top the international waterfront index
Luxury waterfront properties in Sydney command the highest premiums in the world, with the Harbour City taking out top spot in this year’s international waterfront index.
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How the Ray White business continues to innovate and evolve
The fourth-generation custodians of the Ray White group of businesses have offered an insight into how they approach growth and innovation in a family enterprise that dates back 120 years.
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Day 2 of Ray White Connect brings the big keynotes and the creativity
Almost 3000 agents came together for Day 2 of the Ray White Group’s Connect conference on the Gold Coast yesterday. Elite Agent Managing Editor Samantha McLean went along for the ride and walked away with a series of top takeaways you can implement in your business.
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McGrath announces expansion in NSW alpine region with third key office
Two years ago McGrath launched its first office in the Snowy Monaro, and now they are opening their third office in the region, all under the banner of McGrath Snowy Mountains. The Announcement: Following the successful launch of two regional agencies in Cooma and Berridale in 2020, McGrath Estate Agents today announced the opening of a third office, this time…
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Listings surge sees REA Group post strong earnings
REA Group has released its full-year financial results with the post-lockdown surge in listings on realestate.com.au leading to a sharp jump in both revenue and earnings.
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Time to grab a bargain in our most expensive suburbs?
You may have a little bit of luck in Sydney and Melbourne, but elsewhere prestige is still recording price rises. Interest rates are on the move, prices are slowing but at a suburb level we are yet to see much evidence of widespread declines in prices. So much so that only 1.5 per cent of Australian capital city suburbs have…
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Richard Gere buys Paul Simon’s Connecticut home
Pretty Woman star Richard Gere has quietly purchased the long-time Connecticut home of married musicians Paul Simon and Edie Brickell.
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Three-quarters of Aussie borrowers have had their interest rates increased
Australian borrowers have felt the pinch of rising interest rates with 77.1 per cent of mortgage holders already experiencing a rate hike, according to a new survey.
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Virtual assistants reduce the load on property pros
Real estate industry technology has evolved substantially in recent years, but the issues agencies face have not, according to tech and outsourcing expert Tiffany Bowtell.
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Australia’s very own Schitt’s Creek hits the market
If you’ve ever dreamed of owning your own town, just like the Rose family's infamous purchase in the hit TV show Schitt’s Creek, then you might have your opportunity with the small Victorian town of Coopers Creek hitting the market.
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Top takeaways from Ray White Connect 2022
More than 2800 agents have come together on the Gold Coast as the Ray White Group celebrates its 120th anniversary and the first Connect conference since the start of the pandemic.
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What agents can learn from Olympian Jana Pittman
Olympian Jana Pittman spoke at Connect 2022 about how her failures have helped shape who she is today. The Announcement: World champion athlete Jana Pittman has experienced plenty of highs and lows in her life and she shared that amazing story with 3,000 attendees at Ray White’s Connect conference. She’s an Australian hero, well-known for her impressive athletics career but…
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Ray White returns to ‘The Shed’ to celebrate 120 years
Almost 300 Ray White members and their families have attended the Ray White Group's The Shed Open Day to celebrate 120 years of the leading brand on the site where the agency started.
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Southern investor demand prompts Raine & Horne Commercial to launch in Townsville
Raine & Horne Commercial has opened a new office in Townsville, the largest city in Northern Australia. The Announcement: With southern investors leading the charge for local commercial real estate, Raine & Horne Commercial has announced the launch of a new office in Townsville. Led by Steve Leaumont, who since 2017 has been the principal of the highly successful Raine…
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New tenancy laws could prove problematic for Queensland landlords
The Real Estate Institute of Queensland (REIQ) has pushed back against State Government changes to rental laws, which could see landlords “inherit a tenant for life”.
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Local champion thrives with switch to Area Specialist
Real estate agent Brett Reddell made the wisest move of his career when he backed his reputation and business expertise and partnered with real estate network Area Specialist.
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Australian property market turns “multi-speed”
The Australian property market has turned “multi-speed”, with different markets growing at different rates according to a new report.
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Elite Retreat 2022: It’s a wrap
We would like to thank our elite retreat ’22 event partners principal partner major partners supporting partners (click the images to view larger) Highlights from the conference sessions Sunday night “Welcome Party” – Presented by Connectnow Monday Night “Magazine Live” presented by Propic Tuesday night “YOT Club” presented by Kolmeo To find out about Elite Retreat 2023 CLICK HERE
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Ray White Queensland celebrates its 2022 award winners
Some 1200 Ray White Queensland members gathered at the Gold Coast Convention Centre last night to celebrate the achievements of the top offices and individuals over 2021/22.
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Quiet auction week sees clearance rate increase
It was the quietest auction week since mid-June, with 1471 homes auctioned across the combined capitals this week to return a preliminary clearance rate of 59.5 per cent.
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New building and construction solutions needed to address rental crisis
Better design, improved construction practices and new rental models could alleviate the risk of rental stress according to urban research experts.
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Knight Frank appoints head of retail valuations
The appointment has bolstered Knight Frank’s valuation and advisory team, with the global property consultancy now providing a full service offering to clients. The Announcement: Knight Frank has made a new appointment to its Valuation & Advisory team, bolstering the global property consultancy’s offering to clients. Hanna Clarke has joined the team in Sydney as Partner, Head of Retail Valuations…
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National vacancy rate drops to a record low
The national vacancy rate has tumbled to a record low, dipping under 1 per cent and heaping more pressure on tenants already struggling with rising rents.
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Demand for CBD office space slowly returns
Demand for office space remains solid as tenants slowly return to CBDs across the country.
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Falling investor lending to put pressure on renters
The rate of growth of new home loans to investors is slowing which could make it harder for tenants to find rental properties according to an expert.
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Fairlight cottage tipped to go from $3000 to more than $3 million
A Circa 1910 cottage that cost just $3000 about 60 years ago is now on the market with a price guide of $3.7 million.
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Sub-$2 million commercial market to remain strong
Commercial property valued under $2 million is likely to remain in demand, despite rising interest rates reducing the pool of buyers.
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Perth defies national trend as house prices continue to rise
Perth property prices have been able to buck the national trend and record a rise in values last month.
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