Real Estate News
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Property Council survey reveals slowdown in rate of workers returning to offices
Australia’s central business districts are taking a long while to recover from the effects of COVID-19 social restrictions, with new data revealing a slowdown in the rate of workers returning to their offices.
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Eagle Software launches new Interactive Owner Portal
Eagle Software has announced a new release, with its reporting being given a complete redesign thanks to the Interactive Owner Portal.
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Double Bay and Bondi Beach office reigns at Raine & Horne NSW State Awards
Raine & Horne held its annual NSW State Awards on Friday night, with the network’s Double Bay/Bondi Beach office retaining its crown as the brand’s best office in the state for the 20th year in a row.
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Perth listings at 10-year low after dipping below 8000 in February
Listings for home sales in Perth dropped to a 10-year low in February, with fewer than 8,000 properties listed for sale on reiwa.com in the West Australian capital at the end of last month.
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Reserve Bank leaves official interest rates at historic low
As widely expected, the Reserve Bank left official interest rates unchanged at the historic low of 0.1 per cent when it met for the second time this year on Tuesday.
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Price growth in capital cities outstripping regions according to REA Insights Home Price Index data
Capital city price growth outpaced regional growth for the second time in 12 months in February, data from the new REA Insights Home Price Index released today shows.
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Fresh start for Barry Plant Berwick as seasoned hands take over thriving business
Barry Plant Real Estate's Berwick office is primed for a historic change, with Matt Ketteringham and Dan O’Loughlin, directors of the Barry Plant Pakenham and Barry Plant Drouin offices, set to take over the thriving business in Melbourne’s south-east.
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Five employees for the price of one
Innovate Property Group isn't Mark Spinelli's first tilt at starting a business, but lessons from the past about homing in on your talents while outsourcing the rest are making this new journey even sweeter.
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Australian home values rise at fastest rate in 17 years
CoreLogic’s national home value index for February showed prices rose across each of the capital city and rest-of-state regions in February, demonstrating the breadth of the housing upswing.
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The Agency announces half-year profit and record earnings
The Agency has released its half-year financial results, chalking up a maiden profit and record earnings for the six months to December 20.
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ListSure and Campaign Flow form partnership to ‘reshape the market’
Pay on success innovator ListSure has joined forces with pay later provider Campaign Flow to form a partnership designed to change the way real estate agencies fund vendor marketing.
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‘Like throwing petrol on a bonfire’: Industry Super boss slams plan to use retirement savings for home deposits
Industry Super Australia has thrown cold water on the concept of allowing prospective homebuyers to access their superannuation to enter the housing market, describing the idea as fundamentally flawed.
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Fourth week of auction preliminary clearance rate above 80 per cent
Auction volumes continue to climb across the capitals, with the preliminary clearance rate topping 80 per cent for the fourth consecutive week this year. CoreLogic reports there were 2451 homes taken to auction across the combined capital cities this week, up from 2128 over the previous week, although lower than this time last year when 3026 auctions were held. Of…
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Dave Neilson lands Eagle as RE/MAX honours 2020’s best
It was a full house at Brisbane’s City Hall on Thursday, February 25 for RE/MAX’s annual awards night, with hundreds gathered to see the network's top performers recognised for their achievements.
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DiJONES extends footprint with three new offices on Central Coast
DiJONES has expanded its reach after opening three new NSW Central Coast offices in Terrigal, Avoca, and Erina.
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Call for fast-tracked infrastructure investment
Infrastructure Australia has released its 2021 Priority List, which the nation’s property industry has labelled a “wake-up call” for governments to fast-track investment to speed up economic recovery.
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CoreLogic research reveals almost 9 per cent of Victorian properties at high risk of climate hazard
As part of its strategic partnership with global reinsurer Munich Re, CoreLogic International has analysed Victoria's residential property climate hazard and risk exposure.
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ANZ innovation division launches digital offer solution Propps
A new white-labelled digital offer management solution for the real estate industry was released yesterday, allowing agents to generate legally binding offers directly from their own website and manage the process between buyer and vendors.
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Time of the essence as Rex announces new purpose-built calendar
The team from Rex Software has announced the second headline act for Rexfest, its free, two-month-long learning festival, unveiling a new calendar designed specifically for the real estate sector.
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Suzi Cowperthwaite returns to First National for new role
First National Real Estate’s former Online Services Manager Suzi Cowperthwaite has returned to the group in the newly created role of National Experience Manager.
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Cooley Auctions heads for warmer climes with expansion into Queensland
Cooley Auctions have headed over the border to Coolangatta and beyond, with leading auctioneer David Holmes to represent the brand north of the Tweed in its first interstate offering.
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Proply and ListReady partnership offers ‘list now, pay later’ solution
Leading digital proposal software group Proply and real estate credit provider ListReady have teamed up to provide agents and vendors with a seamless “list now, pay later” payment solution.
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The real cost of cheap vs affordable CRMs
Bargain hunters. You know the type. The ones who go with the discount agent who’s more than willing to shave 0.75 per cent off their comms.
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Survey reveals pandemic has proven prosperous for proptech sector
A new study from the Property Council and Yardi Systems has found data analytics, business process automation and virtual tours are the top technologies the Australian real estate sector has embraced in 2021.
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REIWA calls on parties to prioritise rental shortages
With Western Australia’s state poll less than a month away, the REIWA is trying to put the state’s rental shortage at the top of the political agenda.
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Positive conditions forecast to continue according to REA Insights Property Outlook Report
REA Group's newly released Insights Property Outlook Report is tipping positive conditions to remain throughout 2021, with a few notable exceptions.
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Johnny Depp’s French village estate could be yours… but you’ll need deep pockets
It appears Johnny Depp is readying to relist his opulent French village estate, with Top Ten Real Estate Deals reporting the actor will put the village back on the market at US$55.5 million ($69.5 million).
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realestate.com.au sets early records in 2021; launches new brand campaign
realestate.com.au have reported an all-time record of more than 128 million visits* to the site over January 2021. Meanwhile, the brand has launched its new autumn campaign which talks to its audience leadership position and the personalisation features of the realestate.com.au experience. REA Group Executive Manager – Consumer Marketing, Sarah Myers, said the team took a fresh approach to the autumn…
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Top independent agents named at 15th annual Australasian Real Estate Results Awards
The region's top performing agencies and individuals came together last night competing for top honours at the 15th annual Australasian Real Estate Results Awards (ARERAs).
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Bay of plenty of interest with Central Coast’s 2261 postcode booming in 2021
Killarney Vale on the NSW Central Coast is attracting hordes of Sydney buyers every weekend to open for inspections, as are nearby Blue Bay and Toowoon Bay.
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Spike in demand leads to rise in construction costs according to CoreLogic figures
The cost of construction in Australia rose by 1 per cent over the December quarter, according to newly released figures from CoreLogic.
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Pinnacle of change as Tasmanian LJ Hooker agency launches new hybrid model
A Tasmanian LJ Hooker agency has launched a hybrid real estate model it says will recalibrate the local industry and expand and re-establish the brand’s presence across Greater Hobart.
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McGrath back in the black with $9.1m turnaround
McGrath Real Estate Group is back in the black after announcing a $9.1 million turnaround in its Net Profit.
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Construction of new homes to hit record high in 2021
A record number of almost 130,000 detached homes are anticipated to commence construction in 2021.
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Gladstone property prices enjoy biggest spike since 2016
The booming property market in the southeast corner of the Sunshine State has snatched the headlines recently but regional areas - such as Gladstone, in Central Queensland - have experienced similarly impressive price rises over the past year.
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