Real Estate News
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Haunted Halloween homes for sale
With Halloween right around the corner, there’s plenty of interest in some of the most haunted homes from around the world.
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New Zealand’s hot property market starting to slow down
New Zealand’s property market may see a mini bounce back in the final two months of 2021, but conditions for a sustained upswing are unlikely to materialise, according to an industry data provider.
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Regional renters struggle as listings plummet
Regional renters are facing an uphill battle to put a roof over their heads with the number of listed properties on realestate.com.au 40 per cent below their pre-pandemic levels.
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Residential land in high demand across Australia
Vacant land is one of the hottest commodities in residential real estate at the moment with some blocks increasing in value 45 per cent in just five months.
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Australian real estate ranks number one for sustainability
Australia’s real estate market has topped the list in the internationally recognised GRESB Real Estate Assessment ranking for 2021, proving yet again that Australia’s real estate sector leads the world in sustainability.
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CPI edges towards RBA target
Newly released figures show the All Group Consumer Price Index for September increased at a similar rate to the previous quarter, while the changes in the analytical series were the highest they’ve been in six years.
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Property prices hit records across the country but the market is cooling
Australia’s median house price is fast approaching $1 million with the fastest rate of annual growth on record hitting 21.9 per cent, according to the latest data.
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Scorching land demand continues across Southeast Queensland
A 70% fall in land for sale in southeast Queensland has led to surging prices and one of the most ‘most competitive land markets in recent history’.
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Rent.com.au financial report reveals further growth
Rent.com.au has released its 2020/2021 financial report, revealing another year of growth, despite posting a net operating loss after tax of $1.295 million.
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Rental prices surge amid stock shortages and high demand
Australian rental prices have surged over the past 12 months, recording the fastest annual rise since 2008, new data has revealed.
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Bayside’s top agents launch new brand
Luke Humphrys and David Pearce have established themselves as the Bayside’s top agents, because of the different approach they bring to real estate and their creativity when marketing properties.
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Tom Ferry: Four creative hacks to get more listings
YouTuber and real estate coach Tom Ferry has revealed his top four 'no-brainer' hacks to generate listings, which focus on convincing homeowners to show their intent to sell.
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Units hot property in Northern Territory market
The unit and townhouse market across the Northern Territory continues to soar with sales volumes and weekly rents climbing.
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NSW property market the strongest in 40 years
REINSW, CEO Tim Gibbons, believes the strength in the current market is ‘like nothing he’s seen before,’ as house prices across the state continue to surge upward.
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Five key pillars to identify growth suburbs
With property market around the country growing at a rapid rate, one property expert has urged buyers to look beyond the headlines and focus on ‘micro factors’ that impact property growth.
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Darwin commercial property sets a new record
A Darwin transit centre, located in the centre of major shopping and entertainment block has set a record price at sale, highlighting the strength of the local mark.
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RiTA by AiRE wins industry innovation award second year running
RiTA by AiRE has been awarded the REIQ Awards For Excellence 2021 - Industry Innovation on Saturday 23 October 2021.
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Market Buy appoints Joel Dixon as chief technology officer
Online offer management pioneer, Market Buy, has announced the appointment of Joel Dixon in the newly created role of Chief Technology Officer.
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CBD office markets emerge from lockdown strongly
CBD office markets have seen the most tenants taking up office space in nearly three years.
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Sydneysiders take the longest to save a house deposit
Sydney continues to be Australia’s least affordable property market, with new data suggesting it takes up to 18 years to save a deposit in many blue-chip locations.
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Fitzroy tops Melbourne’s most liveable suburbs list
Inner-city suburbs continues to top the list of most liveable in Melbourne according to new analysis.
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Commercial real estate market in low-earth orbit taking off
Voyager Space Holdings Inc.’s Nanoracks is planning to launch its own space station, known as Starlab, in what marks a turning point in commercial real estate.
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REIV announces excellence awards
The 2021 Winners of the REIV Awards for Excellence have been announced, with some strong competition across the board.
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Hotel investment surging in regional NSW
It’s been a tough 18 months for the hospitality industry, but with lockdowns set to continue to ease, the outlook once again looks bright especially for regional hotels.
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REA Group expands its pathway for women in tech
REA Group’s Springboard to Tech Program has paved pathways for women in tech for the last three years, and applications are now open.
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The future of property management: add your voice
The past two years have brought unprecedented challenges for all industries, and property management is no exception. Continuous lockdowns and restrictions across Australia have forced an acceleration of change, including rapid digital transformation, that has significantly impacted the way we work and live. To help address future change, MRI Software has launched its 2021 Voice of Australian Property Management Survey,…
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Outlook for commercial property remains positive despite lockdowns
The outlook for commercial property looks strong as tenants return to offices around the country and ecommerce drives record sales.
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Sydney property prices not in bubble territory
Record-low interest rates have fuelled rapid house price growth around Australia, however, Sydney is not in a housing bubble just yet.
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Rising rents push New Zealanders to buy
Signs that rental growth has accelerated sharply across New Zealand is leading many people to look at buying.
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Historic Berrima Gaol hits the market
An iconic Australian gaol where the nation’s first serial killer was hanged has hit the market, with international interest expected in the historic site. Set on 1.9ha, the Berrima Correctional Centre was used as a gaol for almost 200 years and is made up of 60 prison cells and a watch tower. Constructed between 1835 and 1839, Berrima Gaol, as…
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Strong selling conditions as new listings surge across Australia
Buyer demand for property continues to outstrip supply across the country, however, listings are starting to increase according to new data.
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Schitt’s Creek mansion hits the market
The opulent mansion featured on the hit TV show Schitt’s Creek has hit the market.
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Housing affordability pressures create pain for apartment upgraders
Upgraders are increasingly running into affordability constraints as house prices around the country continue to increase.
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A trusted teammate returns to the nest
Surrounded by virtual sales and million-dollar medians, Mr Rosati is embarking on a fresh new opportunity under the Richardson & Wrench brand - right where he began his real estate career in 1980.
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PropertyGuru appoints REA Group CEO Owen Wilson to board of directors
Southeast Asian-based PropTech company, PropertyGuru has announced that REA Group Chief Executive Officer (CEO) Owen Wilson has joined its board as a non-independent director.
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