Real Estate News
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Soaring prices makes Port Hedland the best in the west
Port Hedland was the top-performing region in Western Australia in 2021, with house prices increasing 44.7 per cent.
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No relief for Queensland’s excessively tight rental market
egions remaining much tighter than what the Real Estate Institute of Queensland (REIQ) classifies as 'healthy'.
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Northern Territory property prices on the rise
The Northern Territory unit market is going from strength to strength new data reveals.
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Laing+Simmons announces new office at Auburn|Lidcombe
Laing+Simmons has added another new office to its growing network with well-known local real estate identity Themy Panagiotidis and his team recently opening the new Laing+Simmons Auburn|Lidcombe office.
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Australia’s median house price soars past $1 million
Australia's median house price has hit a record high, soaring above $1 million according to new data.
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Auction action: Brisbane agent to hold 15 auctions on one weekend
A Brisbane agent looking to make the most of tight stock levels and an excess of buyers is taking the unusual step of running 15 auctions on one weekend.
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RE/MAX ready for growth in 2022
RE/MAX has had a strong start to the year, with plans to open five new offices before the end of the first quarter.
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Pretty Woman star Richard Gere selling mansion for $28 million
Hollywood star, Richard Gere has listed his 50-acre, upstate New York mansion known as Pound Ridge for sale for an impressive $28 million.
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Dynamic duo join Ray White at Bondi Junction
Riki Tawhara and Damian Camera have joined forces with Ray White promising clients will have a direct communication line to them, as directors, as their point of difference in the eastern suburbs market.
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Covid-era startup records $1.43 billion of sales in 2021
After a year of growth and finishing 2021 with over $1.43B in sales, UrbanX has come a long way in a short amount of time.
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Luke Evans joins The Agency
The Agency welcomes experienced performance and sales coach Luke Evans to the team as General Manager of Sales, NSW and ACT.Â
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Regional Victorian house prices achieve record gains
House prices across regional Victoria have had an impressive 12 months of growth, recording the largest annual increase since 2001.
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WA border delay to keep pressure on housing supply
Western Australia’s housing market will continue to remain tight following the State Government's decision to keep borders closed indefinitely.
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Local Property Team opens third office in two years
Local Property Team is set to add a third hub to the group after clocking up outstanding results over the past two years.
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Ray White Surfers auction achieves 80 per cent success rate
Ray White Surfers Paradise Group kicked off the 2022 auction season in style with 80 per cent of the 77 properties selling under the hammer at the 30th annual 'The Event' on Sunday.
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New auction year kicks off after record December quarter
As predicted, the 2022 auction year has kicked off early, with 448 properties taken to auction nationally this week.
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LJ Hooker sets a new monthly record of $2.2 billion in sales
Nationally, LJ Hooker achieved $2.2 billion worth of sales in December with NSW smashing through $1 billion plus in sales for the first time.
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Sales of new detached homes in a ‘super cycle’
Sales of new detached homes increased by 11.3 per cent in December putting the level of demand in ‘super cycle’ territory according to a leading economist.
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eXp Realty heads to New Zealand
Cloud-based brokerage eXp Realty is continuing its rapid worldwide growth by expanding its real estate operations into New Zealand, the Dominican Republic, and Greece in the first quarter of 2022.
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Kiwis eye-off Australian real estate in greater numbers
New Zealand property seekers have their eyes firmly on the Australian real estate market, outranking the US and China as the overseas cohort with the largest increase in property searches Down Under.
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Two great forces combine at RE/MAX Advanced
Carolyn Drane joins David Wereszczuk at RE/MAX Advanced to double the size of his business.
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Fancy your own fairytale castle? It comes with a hefty price tag
A custom-built Gothic castle has hit the market in the United States for an eye-watering price tag of US$35 million.
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Auctioneer of the Year launches agency
Real Estate Institute of Queensland Auctioneer of the Year David Holmes has launched his own auction agency as property pundits tip Brisbane to lead capital city growth in 2022.
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Inner city buyers and townhouse demand to drive property market in 2022
Reverse sea-changers and people moving back to the inner city and into townhouses could be the driving force behind the property market in 2022 according to a leading buyers agent.
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Another lender weighs into the variable rate battle
Lenders might be raising their fixed interest rates, but variable rates continue to be slashed, with ANZ becoming the latest bank to cut its basic variable home loan.
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Industrial property to outperform in 2022
Industrial property will continue to be a standout performer in the commercial sector while CBD office and retail will potentially struggle in 2022.
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RE/MAX announces key WA appointment
Simon Withers was a standout candidate for the strategic corporate appointment. The Announcement: Simon Withers is tasked with growth of RE/MAX in Western Australia, a decision Managing Director Joel Davoren says sets an exciting direction for the State. He described Mr Withers as a standout candidate for the strategic corporate appointment. “Simon has almost two decades of real estate experience…
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Rolling in the dollars: Adele set to buy Rocky’s house
Singer Adele is getting ready to move into Sylvester Stallone’s Beverly Park Mansion after reportedly making an offer on the movie star’s property.
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Matthew Skene set to disrupt the Byron market under his own brand
The opportunity to do things differently and be a part of the real estate revolution is what motivated Matthew Skene to move away from the franchise model and launch his own brand, Skene & Co powered by UrbanX. Over the past five years, Matthew has been able to gain valuable real estate and sales experience in the Sydney market and,…
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Build-to-rent-to-buy housing to help vulnerable ACT women
A new initiative from the ACT Government aims to help vulnerable and at-risk women get onto the property ladder.
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How much does the average real estate employee earn?
The Australian Bureau of Statistics has revealed the average weekly income for employees in the real estate sector.
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Residential land value hits $6.6 trillion with further increases tipped
The value of residential land in NSW might have hit $2.67 trillion, but it’s still worth less than tech company Apple.
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Central coast home jumps by $4 million in 18 months
A luxury home for sale on the Central Coast has increased in value by $4.5 million in und two years, highlighting the surge in demand for properties in the area.
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Aswin De Silva appointed new REINT CEO
The Real Estate Institute of Northern Territory (REINT) has announced its new Chief Executive Officer will be Aswin De Silva.
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Profit making resales rise despite lockdowns
The rate of profit making resales continued to increase last quarter, overcoming widespread lockdowns in many areas of the country.
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