Real Estate News
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QANTAS may soon be your new landlord
Qantas is subletting roughly 25,000 square metres of office space in Sydney, Melbourne and Hobart.
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Simpler home loan rules to fuel Australian economy
Reforms announced by the Morrison Government that will streamline and loosen the progress of applying for home loans is hoped to jumpstart our flagging economy.
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Real estate is an essential service: REIQ
As the Queensland State election looms, REIQ have called on political parties to "not forget the critical contributions of Queensland's real estate sector to the local economy."
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REINSW blasts NSW Government: “We expected better”
The Real Estate Institute of New South Wales (REINSW) has blasted the NSW Government's decision to extend its rental moratorium.
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Surge in premium sales across the Sydney’s Lower North Shore
There is little doubt we are in unchartered waters when it comes to the current property market performance and the Covid-19 pandemic. Currently, the Lower North Shore of Sydney is experiencing a surge in premium sales; it is not only strong, but firing. The Agency’s local team has achieved over $42 million worth of sales, across seven transactions in just…
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Should landlords be incentivised to make rentals energy efficient?
The Australian Housing and Urban Research Institute have released a 75-page report that proposes tax breaks and financial assistance for landlords willing to improve the energy efficiency of their rental properties.
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Planning reform will add $5.7b to economy: PCA
The Property Council of Australia are urging the various state and territory Governments to implement at least one of the 'quick win' reforms in their new Planning to Prosper report.
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Australia should aim for zero-carbon buildings by 2030
The Australian Institute of Architects has welcomed the Government's recently-announced $1.9b investment into lowering emissions, but urges the acceleration of the transition to a carbon neutral economy.
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Domain to offer a real estate marketing edge with new ‘Early Access’ product
Domain has announced the launch of Early Access, a tool they say will help agents build interest and demand for their vendor’s property before the traditional marketing campaign begins. The product has been designed to add a touchpoint to the traditional sales process which can take some time between the agency agreement being signed and the listing being uploaded to the…
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House prices set for a 15 per cent surge: Westpac
The economists have mapped out a four-stage housing cycle that they believe will lead to this surge.
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Greens SA introduce ‘Renting with Pets’ Bill
The Greens Party have today introduced a “Renting with Pets” Bill into South Australian Parliament. Currently the default position of most residential tenancy agreements in South Australia is that pets are not allowed. This Bill reverses this so that pets are automatically allowed, except in certain circumstances. “If a tenant applies to keep a pet and the landlord doesn’t consent,…
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Raine & Horne open new Sunshine Coast office
Experienced agent, property valuer, and former Queensland Property Council President Wayne Rex has launched Raine & Horne Marcoola to service the northern section of the Queensland Sunshine Coast. Mr Rex is opening the new office with his wife Penny. They are folding the local branch of their property advisory, valuation, and off-the-plan sales business, Dodds & Bumbu, into Raine &…
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RE/MAX expand to four new countries in 2020
RE/MAX continues to expand to more countries and territories around the world, with the brand setting up office in four new countries this year. “RE/MAX added Belgium, Moldova, North Macedonia and St. Lucia in the…
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Queensland’s border may open to Sydneysiders in under a fortnight
More hopeful border news, following on from the pending reopening of South Australia to all NSW residents, and the softening of Queensland's restrictions to allow 41 postcodes near the border to cross freely. The Queensland…
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Dexus CEO warns of “far more painful” recession if work-from-home continues
"People will sit there and say it's the death of the office, but I don't think that's the case"
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OpenLot portal has thrived through pandemic
After launching earlier this year, digital property platform OpenLot has gone from strength to strength, with the pandemic playing to the portal's strengths.
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Survey: Rent is easier to pay, but renters see a grim future
Renters are finding it easier to make their rental payments than at the start of the COVID-19 crisis, but feel less positive.
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HIA welcomes relaxed Qld border restrictions
Thousands of builders and tradies working either side of the NSW/QLD border will breathe a sigh of relief today.
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PCA call for six-month Home Builder extension
Recent research by the National Housing Finance and Investment Corporation predicted that demand for housing in Australia would fall by up to 232,000 dwellings over the next three years.
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Drop in migration to cause drop in Aussie housing demand
The global COVID-19 pandemic could cut demand for housing in Australia by between 129,000 and 232,000 dwellings over the next three years, according to new research released today by the National Housing Finance and Investment…
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Application date extended for land tax relief scheme
NSW landlords who reduced their tenant’s rent due to COVID-19 can still apply for the NSW Government’s land tax relief, with the submission date now extended until December 31. Relief is available to commercial or residential landlords whose tenants can prove financial distress due to COVID-19, and who have reduced their tenant’s rent for any period between 1 April, 2020…
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COVID-19 Safety Plans now mandatory for NSW open homes and auctions
COVID-19 Safety Plans are now mandatory for open homes and auctions.
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Jason Roach heads up The Agency Upper North Shore
Former banker and lead agent Jason Roach is joining The Agency.
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C21 boosts service offering
Century 21 Australia has acted on insight obtained while operating through COVID-19 and bolstered its service proposition to existing C21 network and those joining the brand. With the level of uncertainty introduced by the COVID-19…
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Michael Sheargold expands leadership toolkit with Coach the Coach
With a tough year now entering its final stretch, there’s never been a better time for real estate leaders to expand their toolkit and bring out the best in their team, according to renowned real…
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New survey tool reveals industry benchmarks and identifies opportunity
New survey tool reveals industry benchmarks and identifies opportunity The team behind the Rex real estate CRM, have announced a new tool that will anonymously benchmark agencies and assist real estate agency owners looking to improve their customer relationship management strategy. Known as CRMGrader, the tools harnesses the team’s 10 years’ worth of knowledge dealing with real estate agents, administrators and business owners to provide a tool that truly provides value to agencies in just five minutes. …
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Highest preliminary clearance rate since March
With Melbourne still out of the picture, the remaining capitals have clocked up their highest combined preliminary clearance rate since March, coming in at 72.4 per cent. This is well above last week’s preliminary success rate of 67.3 per cent, which later revised down to 63.0 per cent at final figures, while CoreLogic notes this time last year, a final…
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Foreign investment fee an “outrageous impost” that will hurt economy: PCA
Proposed legislation that will increase the cost of foreign investment applications fees has been slammed by the Property Council as being "an outrageous impost on safe institutional investment into commercial property and discourage the very…
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Co-living company Hmlet moves into property and lifestyle sector
Hmlet, Asia-Pacific’s fastest growing co-living company, announced a range of products that see them enter the property and lifestyle space. “The goal of Hmlet’s new product lines is to change the way people live for…
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LJ Hooker turns 92, and partners with headspace
On September 20, 1928, Leslie Joseph Hooker opened a real estate office in Maroubra, a beachside suburb roughly ten kilometres from the Sydney CBD.
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REIWA point to Qld’s example as the way forward for WA
REIWA President Damian Collins has commended the Queensland Government's handling of the COVID-19 legislation
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“Mr Premier, I don’t think you understand” – REIV
REIV announce the start of a public campaign urging the government to reconsider their decisions, with the hashtag #reconsider-lockdown.
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$52.5m greener buildings package welcomed
The Property Council of Australia has welcomed today's announcement of a $1.9 billion package of investment in future technologies, including $52.5 million earmarked for improved energy efficiency in residential and commercial buildings.
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The pandemic has changed what buyers want, and developers are following suit
The pandemic has changed how and where people want to live, and what features they are now looking for in a house.
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Qld eviction freeze to be lifted in under two weeks
From September 30, the Queensland Government will lift its ban on the eviction of residential tenants unable to pay their rent due to the COVID-19 pandemic.
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