Real Estate News Archives

Nerida ConisbeeJuly 26, 2022

The slowdown we had to have?

Australia's median house price increased by 32 per cent from March 2020 to December 2021, making it the fastest period of price growth we have ever experienced.

News RoomJuly 26, 2022

When ‘psychology of the sale’ takes on an all-new meaning

Melisha Du Preez credits her certainty in joining the Mackay RE/MAX team to her many years in the psychology.

News RoomRowan CrosbyJuly 26, 2022

HTW: rising costs slowing industrial development

Rising construction costs and higher land values has slowed the initiation of new development across the industrial sector according to the latest Herron Todd White (HTW) Month in Review.

Noel MengelPartner ContentJuly 26, 2022

The three buckets you need to fill for success

Leading a successful real estate office requires energy as well as business acumen and Phill Broom ensures he is ready for the busy day ahead with his morning exercise workout.

Rowan CrosbyJuly 26, 2022

Actress Jaime King selling Walt Disney-built home in Beverly Hills

Fresh from her divorce from director Kyle Newman, actress Jamie King is moving on with her life, listing her longtime home in the mountains above Beverly Hills for US$2.8 million.

News RoomPromoted ContentJuly 25, 2022

RE/MAX makes key appointment for rent roll growth

Well-known WA real estate professional Tracy Kriwopischin joined the RE/MAX Extreme team this month in a career move that draws on her property management expertise.

News RoomRowan CrosbyJuly 25, 2022

What kind of property will $700,000 buy you?

After two years of record price growth, there are still opportunities to find good value properties for under $700,000 around the country, according to the latest Herron Todd White (HTW) Month in Review.

News RoomJuly 25, 2022

New Belle Property office for the NSW Southern Highlands

Belle Property has announced the opening of its latest new office in the picturesque New South Wales Southern Highlands, helmed by well-known local real estate expert, Debbie Pearce.

News RoomJuly 25, 2022

Housing data reveals Sydney faces undersupply

A recent Sydney housing analysis from the Property Council of Australia and Gyde Consulting has found several districts of Sydney are struggling to deliver enough housing, adding concern to Australia's housing affordability crisis.

Rowan CrosbyJuly 25, 2022

Vanessa Hudgens trades up to Los Angeles mansion

High School Musical star Vanessa Hudgens is moving back to her old neighbourhood, trading up to a US$7.5 million Studio City mansion.

News RoomRowan CrosbyJuly 25, 2022

Queensland rental market feeling the ‘squeeze’ of tight vacancy rates

Incredibly tight rental conditions are continuing to ‘squeeze’ renters across Queensland, with many areas still experiencing vacancy rates below 1 per cent.

News RoomRowan CrosbyJuly 25, 2022

Further increases in the cash rate will be needed: RBA

The official cash rate is still lower than it needs to be, according to the Reserve Bank of Australia, who maintain households are well-positioned for higher borrowing costs.

Cassandra CharlesworthJuly 24, 2022

Auction activity increases for second consecutive week

Auction activity has risen for the second consecutive week, with 1818 homes going under the hammer across the combined capital cities this week, resulting in a preliminary clearance rate of 56.1 per cent.

News RoomRowan CrosbyJuly 22, 2022

Chinese property buyers to return to Australia

Chinese property buyers are likely to head back to Australia sooner than expected as Australia emerges from COVID stronger than many other countries, according to an expert.

News RoomRowan CrosbyJuly 22, 2022

Commercial property settlements surged higher last financial year

The volume of commercial property settlements has surged by as much as 60 per cent across the east coast of Australia, according to new data.

Rowan CrosbyJuly 22, 2022

Steph Curry pays over asking price for Florida vacation house

Fresh from leading the Golden State Warriors to a fourth NBA championship, Steph Curry has celebrated by picking up a Florida vacation home.

News RoomJuly 22, 2022

Well-known Cleveland agent makes all the right moves

Leana Reynolds has spent the past five years building great relationships in the Cleveland market, which will serve her well moving forward with the Re/MAX Bayside Properties team. The Announcement: Experienced and results driven agent, Leana Reynolds, joins the award winning RE/MAX Bayside Properties team, newly married and just home from her honeymoon. Leana targeted the high performing Cleveland team,…

News RoomPartner ContentJuly 22, 2022

REA Group celebrates Australia’s Property Managers

REA Group is today applauding its Property Manager customers across the country on National Property Managers Day.

News RoomJuly 21, 2022

Elite Retreat giveaway winners announced

An app that powers up a consumer’s knowledge bank before they buy or sell a home and increased use of video messaging are among the trends agents have tipped to play out in the industry in 2023.

News RoomJuly 21, 2022

Raine & Horne strategic focus on youth achieves office growth gold in 2021/2022

Raine & Horne achieved a record year for growth with 33 offices joining the group in 2021/22. The Announcement: In the 2021/22 financial year, Raine & Horne focused on building its network management team, and the proof is in the pudding, with a record 33 offices chockful of young gun agents joining the Group. The brand appointed Ms Tina Ashton…

Rowan CrosbyJuly 21, 2022

Sofia Vergara and Joe Manganiello selling their Beverly Hills estate

After having settled into their new Beverly Park mansion, celebrity couple Sofia Vergara and Joe Manganiello have put their old Beverly Hills estate on the market for US$19 million.

Kylie DulhuntyJuly 21, 2022

ANZ says cash rate will hit 3 per cent this year

One of Australia’s biggest banks has dramatically revised its interest rate forecast, predicting the Reserve Bank of Australia will lift the cash rate above 3 per cent this year.

News RoomJuly 21, 2022

Upside Realty offers three new payment models for agents

A national fixed-fee agency will now offer a full-fee option, giving agents a choice of how they are paid, with commission splits of up to 75 per cent. Upside Realty, which launched in 2017, said ‘Upside Performance’ would be an agent-driven pricing model with three distinct options for agents. Option one is an employment model where the company pays the…

News RoomJuly 21, 2022

Real estate industry celebrates National Property Managers Day

Often the unsung heroes of a real estate agency, property management can a tough gig that requires a specialised skillset and dedication.

News RoomRowan CrosbyJuly 20, 2022

Rate rises now to avoid sharper economic slowdown

The Reserve Bank of Australia hopes taking swift action on soaring inflation will halt the need to increase the cash rate as high as previous economic cycles.

News RoomJuly 20, 2022

McGrath Crows Nest expands into Willoughby

Top-tier industry performer Peter Chauncy has welcomed Jason Georges to his McGrath Crows Nest team.

News RoomJuly 20, 2022

Leading agent joins Ray White Surfers Paradise

Ray White Surfers Paradise has brought high-performer Lana Faulkner and her team into the ever-growing fold.

Rowan CrosbyJuly 20, 2022

Busy Philipps, Marc Silverstein list secluded Hudson Valley retreat

Freaks and Geeks star Busy Philipps and her former husband, rom-com writer-director Marc Silverstein have put their Hudson Valley property on the market for US$1.75 million.

News RoomRowan CrosbyJuly 20, 2022

Growing crane count suggests construction activity is on the rise

Construction activity across Australia continues to ramp up, with the latest Rider Levett Bucknall's Crane Index showing the first increase since prior to the pandemic in early 2019.