Real Estate News
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What agents need to tell potential buyers about house flipping
A real estate agent’s reputation is their lifeblood, so it’s critical they give the right advice when it comes to flipping houses.
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Vacancy rates fall across most of NSW, except Inner-City Sydney
Vacancy rates across Sydney and much of New South Wales have dropped this month, while the Inner Ring bucked the trend, experiencing its highest vacancy rate rise since June.
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Harcourts partners with RateMyAgent
Harcourts have partnered with RateMyAgent to create benefits for their agents by increasing the volume and reach of their online reviews.
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Auction volumes up 79.4 per cent since early October
High auction volumes continued this week, rising 8.2 per cent on the week prior to see 3562 properties go under the hammer. CoreLogic tips this weekly increase in volumes is likely to continue now lockdown restrictions have eased in Sydney, Melbourne and Canberra, with auction volumes increasing by 79.4 per cent since the first week of October. “With each week…
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Vic housing tax – From lockdown to lock out
The Victorian State Government has proposed a Windfall Gains Tax which the Housing Industry Association says will put home ownership out of reach for even more Victorians.
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Changes to money laundering laws must consider home buyers, tenants and small business, says REIA
The Real Estate Institute of Australia (REIA) has urged the Inquiry into Australia's anti-money laundering and counter-terrorism financing regime to consider genuine home buyers, tenants and real estate agencies when making its recommendations.
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Average NZ home value tops $1 million
Lockdowns have done little to dampen buyer demand in New Zealand where house values have reached a new high.
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McGrath expands Melbourne presence with new office in Ivanhoe
Alex Morgan and Craig Nichol will lead the office, which will service from Ivanhoe in the south to Heidelberg West in the north. The Announcement: Leading residential real estate group, McGrath Estate Agents, today announced the opening of a new office in Ivanhoe, as its expands its presence to service Melbourne’s northeast at a time when the city is emerging…
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Bill and David Malouf join Highland network with new Double Bay office
Bill and David Malouf have joined forces with David Highland, further expanding the Highland network and showing their ever-growing strength in the property market. The Announcement: Bill Malouf, one of the biggest names in Australian prestige real estate, together with his son David, have joined forces with the Highland network to establish a Double Bay office. This comes after a period…
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HomeBuilder legacy lives on in record number of houses being built
The legacy of the HomeBuilder initiative lives on, with a record number of houses commencing construction in the recent June quarter.
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New listings across the capitals reach highest number on record
New listings across Australia’s capital cities reached a record high in October, with sellers flocking to the market due to eased restrictions.
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Retired NBL star Shaquille O’Neal sells his Lake Butler mansion
Despite dropping the price twice, American basketball legend Shaquille O’Neal made a cool $7.05 million profit, following the sale of his Isleworth, Lake Butler estate near Orlando, Florida.
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Australians put property buying plans on hold
Australians are putting their property buying plans on hold as the year comes to a close, according to newly released data.
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Rise in listings and auction volumes as Spring comes to an end
Domain’s latest weekly property report has revealed a rise in listing and auction volumes as spring draws to a close.
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Thomas Blencowe joins Knight Frank
The appointment will see the continued expansion of Knight Frank’s investment sales team in Victoria, following the addition of four new agents earlier this year. The Announcement: A new addition has been made to Knight Frank’s Investment Sales team in Victoria as its expansion continues. Thomas Blencowe has been appointed as Director of Investment Sales, moving to Knight Frank from…
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Properties selling at warp speed
Australian properties are selling at their fastest rate in five years with weekly sales volumes also reaching their highest level this year, fresh data reveals. The REA Group’s latest PropTrack Housing Market Indicators Report showed that in October buyers snapped properties up quickly, with the median amount of time a property was listed on realestate.com.au before selling dropping to just…
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Noosa’s Suter Smith Cleine celebrates record first month
Four of Noosa’s best-known agents have launched their own business, celebrating their first month on the UrbanX platform with a record $19.15 million in sales.
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Husband and wife team open third C21 office, following record sale
Having been married for almost 30 years, Shelley and Tony Bezuidenhout know exactly what to expect from one another.
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Luxury specialist Noel Nicholson expands in Upper Northern Beaches
Ray White Prestige | Palm Beach will open a new office in Whale Beach with a focus on local knowledge and providing first-rate service to discerning clients. The Announcement: ONE of Ray White’s top offices in one of the most highly desirable real estate locations in Australia, Ray White Prestige | Palm Beach is expanding to open an additional premises…
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NZ First Home Buyers hit record market share
Despite tough market conditions and rapidly rising house prices, first home buyers in New Zealand have hit record high market share.
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Survey analyses real estate professionals mental health in tough year
A leading mindset coach conducting research for a whitepaper analysing the mental health and wellness of real estate professionals is searching for more respondents. Jet Xavier says the Revive survey takes just a couple of minutes to fill in and the results are used to help inform projects such as the Rise Initiative and the Real Care App, as well…
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Are we in a housing bubble? Nerida Conisbee offers her thoughts
Ray White Chief Economist Nerida Conisbee offers her perspective on whether or not the current high prices represent a housing bubble
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The 20 housing markets to watch around Australia
Queensland suburbs have taken out the top three spots in the Well Home Loans Green Shoots Report, which identifies the top 20 Australian suburbs likely to experience strong growth in 2022.
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Top Glenwood agent Shiv Nair joins Ray White
High-performing Sydney agent Shiv Nair has joined the Ray White Group for its strong culture and partnership philosophy. The Announcement: Award-winning agent Shiv Nair is levelling up with the powerhouse Ray White Group. Shiv Nair is well known as a star performer within the Sydney Hills District achieving many record sales and he is undeniably one of Australia’s busiest and…
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DiJones intensifies marketing, brand focus with new hire
DiJones has appointed Anjee Hopton as brand and marketing operations manager to ensure the brand DiJones created 30 years ago authentically resonates in today’s market. The Announcement: Delivering sustainable, long-term agent and client value continues to be a focal point for DiJones with the appointment of Anjee Hopton to the role of brand and marketing operations manager. “Anjee’s role is…
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Landlords make the move to Ray White AKG
Ray White AKG has had a flurry of landlords joining their service offering in the last three months.
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Sydney’s next $2 million median suburbs revealed
With house prices rising across Sydney at more than 20% per year and with the median house price of around $1 million, the next barrier for many suburbs will be the $2 million mark.
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Openn expands team across Australia and USA
Openn Negotiation Limited (‘Openn’ or ‘the Company’) (ASX: OPN) has expanded its Australian and US teams with the addition of Mr Michael Price and Mr Andre Vidic, bringing extensive property and technology sector experience to the Company, both of which will be pivotal to the expansion and scale up of the Openn business.
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Tony Blamey joins :Different to drive growth
Australian property management company, :Different, has appointed Tony Blamey as the company’s first Chief Revenue Officer.
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New Zealand property value bounce back likely to be temporary
House prices in New Zealand recorded a mini bounce back in October with values up 2.1 per cent over the month. It was the first time in six months that price growth sped up, according to the CoreLogic House Price Index, after September recorded a monthly growth rate of 1.4 per cent. The average value of a property in New…
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Jellis Craig launches Boroondara Community Awards
Jellis Craig has launched the Boroondara Community Awards, in celebration of 30 years serving the community. The Announcement Jellis Craig has launched a connecting our community campaign entitled the Jellis Craig Boroondara Community Awards. Steve Abbott, Managing Director, Jellis Craig Boroondara said ‘The campaign objective is to come together to celebrate the importance of home and each other.’ Highlighting the…
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Clearance rates begin to fall as auction volumes remain high
Auction volumes remain high with 3276 homes taken to auction across the combined capitals this week, resulting in a preliminary clearance rate of 76.1 per cent. CoreLogic has reported that continued high volume has led to a steady decline in the clearance rate over recent weeks, with the success rate trending lower since its peak of 83.2 per cent on…
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New LJ Hooker office opens in Sydney’s inner west
LJ Hooker will now be represented in Sydney's sought after inner west suburbs after opening a new office in Dulwich Hill.
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Bowling alleys and enormous spas feature in Victoria’s top house sales
If you’ve got a bit of spare time this weekend and want to see how the other half live then check out this list of 10 luxury Victorian homes that sold over the past 12 months.
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REA Group reports Q1 results, revealing strong growth
REA Group delivered strong growth across its Australian segments during the three months to September 30, with revenue excluding acquisitions increasing by 22 per cent year-on-year to $264 million.
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