Real Estate News
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Hope Island’s Gallery estate on course to sell out
The holiday season has helped push buyer activity to a new high at The Gallery, a 46-lot land estate at Hope Island on the Gold Coast, helping it secure sales of more than $4 million in a two-week period.
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Belle Property rings in new year with two new Queensland offices
Belle Property has started 2021 with a bang by opening two new offices in Queensland.
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Barry Plant’s Chari Emirzade has 1000 reasons to smile
Barry Plant Group’s most prolific sales agents has just added another notch to his belt, selling his 1000th property.
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Is it time to review your business’s online reputation?
According to the old adage, there’s no such thing as bad publicity but new research from Podium shows that in the wake of COVID-19, good reviews are fundamental to winning Australian consumers’ business.
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Hodges Group appoints Tony Zarka as new CEO
Hodges Real Estate has announced the appointment of Tony Zarka as the group’s new CEO, who is set to commence in the role next month.
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Vic Government calls for social housing feedback
Victorian Premier Daniel Andrews’ Labor Government has called on the state’s residents to have their say on social and affordable housing as part of a 10-year strategy it says will ensure more Victorians have safe, suitable and secure housing. The state’s Housing Minister Richard Wynne has released a discussion paper to seek community and stakeholder feedback to help inform the…
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Office occupancy rates up as workers return to CBDs
New data released by the Property Council of Australia has revealed CBD office workers have returned to their workplaces in strong numbers in 2021.
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Greater Bank claims title of Australia’s lowest home loan
It’s a race to the bottom that lenders are happy to be associated with and in great news for borrowers, Greater Bank has just claimed the new lowest home rate in Australia at 1.69 per cent, fixed for one year.
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Hockingstuart crosses the border with Nowra office
Since launching more than 35 years ago, Hockingstuart has established itself as a strong force in the Victorian property market and the agency has just announced its expansion into NSW, opening an office in Nowra.
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Panel uses logic to drill to the core of climate issues
Some of the Asia-Pacific’s brightest minds in climate change risk management met last week to discuss how the financial services industry can effectively identify, assess and manage climate-related risks.
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RE/MAX agent continues stellar run in Bungarribee
The popularity of the tightly held Western Sydney estate of Bungarribee has surged so far in 2021, with RE/MAX agent Billy Markovski selling four properties by the end of January, one of which was a suburb record.
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Eastern markets coast to record January highs
Across January 2021, The Agency’s east coast operation experienced a 94 per cent uplift in listings and the network overall achieved an 80 per cent increase in sales turnover compared to the same time last year.
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Interest in South Australian market heading north
The New Year is often a sluggish period for property sales but the Adelaide market has defied traditional expectations, attracting huge interest from potential buyers.
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Clearance rate tops 80 per cent with higher auction values
Auction markets have returned a strong result on higher volumes this week, with the combined capitals preliminary clearance rate holding above 80 per cent, and Sydney clocking up almost a 90 per cent success rate.
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REA announces first-half results, new partnerships
Realestate.com.au today announced its results for the first half-year ended December 31, 2020, delivering a strong performance despite volatile market conditions arising from the COVID-19 pandemic.
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Ray White Upper North Shore opens Roseville office
It’s all coming up roses for Ray White Upper North Shore, with the team announcing its expansion into Roseville and a new office in the suburb.
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McGrath and Canvas have designs on collaboration
McGrath Estate Agents has announced a strategic partnership with award-winning Sydney digital design agency Canvas Group to collaborate on brand, design and content in a co-working environment.
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Travis Wentriro takes up strategic post with Raine & Horne
Raine & Horne have announced Travis Wentriro as the network's new Network Manager for NSW/ACT.
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REIA identifies Budget priorities for property sector
The Real Estate Institute of Australia (REIA) has identified 12 priorities it believes the Federal Government should adopt in the 2021-22 Budget to assist the nation’s property customers in succeeding in a COVID-normal environment.
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Finalists for AREAs 2020 announced including new data-driven recognition
The finalists for the 2020 Annual REA Excellence Awards (AREAs) have been announced, with top agents reporting record years, despite the Coronavirus pandemic.
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Agents for change hit milestone as Zango celebrates first birthday
Canberra-based property-listing portal, Zango, has just turned one, with the locally owned and operated business celebrating the anniversary of its go-live date on Wednesday.
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Interest is not enough: 1-in-4 Aussies would prefer a cashback loan
Low interest rates may not be enough to attract new mortgage customers, but cash could sweeten the deal, according to new research by Finder.
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Rex Software online learning program aims to foster closer ties with users
Real estate industry CRM platform Rex Software has just announced a new initiative to give agents a boost, with a free two-month program aimed at helping better integrate technology into their businesses to drive productivity and build better relationships with clients.
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State of Origin competition at Ray White drives 7000 appraisals
In less than four hours, Ray White agents have drummed up nearly 7,000 extra appraisals across Australia and New Zealand, actively demonstrating how the leading group knows how to both harness its scale and have some fun along the way - especially in challenging times.
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Survey shows Australians banking on a positive year for property market
Home lending and property values are not the only things hitting a high point in 2021, with positive sentiment almost booming for those in the market, according to ME’s latest Quarterly Property Sentiment Report.
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Phil Collins sells Miami slice of paradise
When UK-born rocker Phil Collins decided to move to Miami Beach in 2015, the “Can’t Hurry Love” singer soon set his sights on one of the area’s most prestigious mansions on Biscayne Bay.
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RBA leaves cash rate at record low
The Reserve Bank has left interest rates unchanged at its first meeting of the year, with the Board voting to keep the official cash rate at a record low of 0.1 per cent.
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Wallabies legend’s son joins Ray White Commercial QLD
Wallabies legend Tim Horan's son, Alex Horan, has joined Ray White Commercial QLD in the role of Sales and Leasing Executive.
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The Agency Group achieves dual wins against Magnolia Capital
After several weeks of upheaval for The Agency, some certainty has arrived for the group in the form of definitive rulings from both the Takeovers Panel and the Federal Court.
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Century 21 Australasia announces internal promotion to CEO role
Century 21 Australasia has appointed experienced real estate professional James Bell to the role of Chief Executive Officer.
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Perth now Australia’s fastest growing property market
Perth has become Australia’s fastest-growing major property market after the city’s home value index rose 1.6 per cent last month and 3.8 per cent compared to three months, according to CoreLogic data released yesterday.
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Low rates and high values drive home lending to all-time high
Record-low interest rates and record-high property values have helped drive home lending to an all-time high, according to newly released figures.
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Sea change leads to coast post for former Hodges Chief
Former Hodges Real Estate CEO Carmel Kellett has traded Melbourne’s laneways and trams for the laid-back lifestyle and light-rail of the Gold Coast after taking on the role of national Franchising Director for end-to-end property business Coronis.
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