Real Estate News
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Bondi agency hits the trifecta
A Bondi agency has sold three homes in the same street in one week – a situation the sales agent describes as “unheralded” in his 30 years operating in the exclusive eastern suburb’s property market. Raine & Horne Double Bay/Bondi Beach Principal, Ric Serrao, who sold the three properties in conjunction with his colleague Mark Yeats, said the three classic semi-detached…
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The RBA leaves interest rates unchanged at 1%
The RBA has left the official cash rate unchanged at one per cent at its September meeting, however, more cuts lie ahead if global conditions continue to weigh on the economy. In a statement that largely mirrored the August update, RBA Governor Philip Lowe suggested Australia is still in for an extended period of low interest rates. “It is reasonable…
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DiJONES Real Estate supporting women’s charity Dress for Success
It’s no secret that in the real estate business, first impressions matter. So Sydney and Southern Highlands-based real estate agency, DiJONES, found a natural connection with Dress for Success – a charity dedicated to helping vulnerable women create a solid first impression as they seek to re-enter the jobs market or take part in an important life event. Relying on…
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New leadership team signals change for Cashmere’s property market
Belle Property has recruited two high-performing agents to form the new leadership team of their Cashmere office in Queensland. Co-Principals, Adam Dickie and Allan Brookes, are taking over the reins of Belle Property Cashmere; rebuilding the office’s presence to become a full-service agency with a customer-first ethos. “Our Belle Property Cashmere office has been given a refresh with two fantastic…
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Concierge team digs deep for OrangeSky
Ray White & Loan Market’s Concierge team recently presented a $5000 donation to Orange Sky Australia – a Brisbane-based charity which helps the homeless with free mobile laundries and hot showers. Orange Sky Australia is the world’s first free mobile laundry service for people experiencing homelessness in Australia, and it has just expanded to Auckland. The idea was born five years…
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Ray White welcomes high-profile agents in NSW and Vic
Ray White has welcomed two established agents to their growing team, with Trevor Byrne rebranding his business Ray White Carnes Hill in south-west Sydney, and Helen Jens recently opening the doors to the newest Ray White business in Kyneton in Victoria’s Macedon Ranges. Both agents come with a wealth of experience and renown within their respective communities. Mr Byrne has worked…
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House prices jump across the country
Buyers are coming out in numbers in Australia’s two major cities and it was the driving force behind the first big jump in house prices that we’ve seen in many months. According to the latest data from CoreLogic, Sydney house prices rose by 1.6 per cent, while Melbourne jumped by 1.4 per cent. Across the country, dwelling values increased by…
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The Agency reports strong growth
Industry newcomer The Agency has notched up an impressive year of growth, with financial results indicating annual group revenue increased 86 per cent during the 2018/19 financial year to $31.3 million. It follows on from 75 per cent growth and 70 per cent growth during the prior two years. Across the board, The Agency figures…
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Sydney Eastern Suburbs specialist Albert Sassoon joins McGrath
McGrath Estate Agents has announced that top eastern suburbs specialist, Albert Sassoon, will join the agency, as an important recruit to its Edgecliff team. In announcing the appointment, McGrath regional sales manager James Hayashi said McGrath was thrilled to welcome Albert and his team to their sales division. “He is well-known and respected as an area specialist for premium properties…
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Buxton opens commercial division headed by industry’s best
Award-winning Victorian real estate group, Buxton, has announced the launch of a Commercial and Industrial division, Buxton Commercial, led by sought-after industry specialist, Kenny Oliver. With company origins dating back to the 1860s, Buxton has grown to a network of 24 residential offices, a project marketing division (Projects by Buxton) and now Buxton Commercial to round out its property ecosystem.…
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New Delhi conference proves huge business platform for RE/MAX
An Australian-New Zealand contingent has recently returned from the fifth annual Asia Pacific Convention for the global real estate giant, RE/MAX, which took place in New Delhi, India from August 19 to 21. RE/MAX Australia and New Zealand managing director, Michael Davoren, said the event represented a continued building of relationships. “After a succession of conferences, people are now talking…
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Ray White Commercial celebrates its 2019 winners
More than 150 guests descended on the Great Room in Brisbane’s W Hotel to celebrate the top offices and individual achievers as part of the annual Ray White Commercial awards on Friday, August 30. Ray White Commercial Head of Agency Operations Michael McCullagh said he was proud of every member and their achievements for the 2018-19 financial year.“Looking around the…
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realestate.com.au targets first home buyers with second series of How to Home Loan
realestate.com.au has continued its partnership with comedian Jess Harris –twentysomething, Wine – to release a second series of the hugely popular How to Home Loan video series, which explores the frustrations of first home buyers when embarking on their home purchasing journey. Season two of the tongue-in-cheek educational campaign shines a light on the realities of buying a home and…
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Search begins for young leaders in NSW and ACT
First National Real Estate has proudly announced its 2020 coast-to-coast sponsorship of the Seven News Young Achiever Awards. Hosted in conjunction with the the Seven Network, the awards aim to bring recognition to young people who are making a difference through two key categories – The First National Real Estate Leadership Award and the First National Real Estate Innovation Award. Conducted…
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OBrien opens at Werribee
More than six years after OBrien Real Estate established its first franchise office in February 2013, the growing brand has now opened its 27th office, located in the growth belt of Melbourne’s west at Werribee. Originating from the south east of Melbourne, OBrien initially had all its offices situated on the east side of the Yarra River, but now there…
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Like father, like son for Ray White Commercial Queensland
As they marked Father’s Day yesterday, father and son duo Stephen and Elliot Kidd of Ray White Commercial Queensland celebrated a father-son relationship that spans both the professional and the personal. It is part testament to the Ray White brand – a family-owned enterprise that dates back to 1902 and where family ties are ingrained in their history – but…
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Sydney blue-ribbon areas lead property comeback
The green shoots of a property market recovery are sprouting, according to DiJONES’s latest annual Market Report released this week, which shows prominent Sydney areas leading the way and a trend of Sydneysiders relocating to the Southern Highlands. The report, which draws data from 176 suburbs surrounding its eight offices in Sydney and the Southern Highlands, shows that unit values…
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Rent.com.au improves earnings in tough market conditions
Rental property website rent.com.au has reported improved earnings for the 2018/19 financial year, amid a slowdown in the property market nationwide. The company had a net loss after tax of $2,497,183 for the year ended 30 June 2019. This was up from the previous year by 8.7 per cent, however topline revenue was lower by -6.9 per cent. Established in…
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Ray White SA appoints first-ever chief auctioneer
Ray White South Australia has appointed its first-ever chief auctioneer, charged with increasing auction market share for the real estate group. Having spent most of his life in England, John Morris moved to Adelaide in 2010, started his real estate training in 2011, became an independent auctioneer in 2012, and has returned to Ray White with grand aspirations. Mr Morris…
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The new due diligence: climate change on the agenda for home buyers
While due diligence has always been of upmost importance for those looking to purchase a new home, once upon a time that simply referred to things like building and pest inspections, utility access and land boundary checks. These days though, as awareness of climate change and its potential impact increases, home buyers need to think more broadly when it comes…
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Qld Sotheby’s International Realty adds elite agent to line-up
Queensland Sotheby’s International Realty’s strong prestige presence has lured experienced Gold Coast real estate sales agent Isaac Genc to the blue-chip brand. Mr Genc is one of the Gold Coast’s top-performing sales agents, who has redefined real estate excellence in the area through innovative property marketing strategies delivering outstanding results. For more than eight years he has focused on achieving…
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Elders leaders unite for extraordinary retreat
More than 80 of Elders Real Estate’s business leaders, corporate team and elite salespeople came together to ‘Be Extraordinary’ on Hamilton Island for the 2019 Leadership Retreat. The group heard from a range of exceptional speakers including renowned leadership speaker Matt Church, Chris Helder, REA’s own Steve Carroll and Australian of the Year Kurt Fearnley. Elders General Manager Real Estate…
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Agents join forces in Whitehorse
The Whitehorse property landscape is set for a spring shake-up as two of the area’s agents join forces to create a formidable ‘power team’. The arrival of Jellis Craig Mitcham, which is the culmination of Noel Jones Mitcham joining Jellis Craig, will anchor a consolidated presence for Jellis Craig in Whitehorse. Further fortifying its footprint,…
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Investment expo to offer more than great ideas…
More than 6000 people are set to converge on the Sydney Showgrounds in late October for the 2019 Property Buyer & Investor Expo. Slated for October 26 and 27, this year’s event is expected to reflect renewed market confidence and will feature five categories of exhibitors who provide a well-rounded picture of the investment landscape. With exhibitors from the finance…
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Sydney Swans and realestate.com.au announce major partnership
The Sydney Swans have announced realestate.com.au as the club’s new major partner and their official property search partner. The three-year deal provides realestate.com.au with access to a suite of digital assets, as well as increased presence at all Sydney Swans home matches, in the form of at-ground branding and a new exclusive realestate.com.au hospitality lounge directly beneath the scoreboard. The Sydney Swans have also announced that realestate.com.au will adorn the back…
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REIWA calls for less talk, more action on stamp duty
The number of annual property sales in Western Australia has dramatically dropped from over 71,000 in 2013 to less than 41,000 in 2018, the lowest the state has seen since 1990 and the numbers are only continuing to fall in 2019. REIWA President Damian Collins said one of the biggest imposts to home ownership is stamp duty, which has significant…
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“Influence and Impact” the theme of Cunninghams’ conference and awards
Northern Sydney real estate brand Cunninghams has celebrated a year of success, hosting a recent awards night and conference with the theme “Influence and Impact”. “This year’s theme came from our desire to leave the world a little better than we found it; through our personal lives, at our place of work, and in our community,” John Cunningham explained. “As…
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Belle Property recruits top-performing agent in competitive Brisbane market
Highly awarded and locally renowned sales agent, Darcy Lord, joins the Belle Property Bulimba team. A move that reinforces Belle Property's growing presence in one of Brisbane's most sought-after markets. Over the 15 years that Darcy was with Bulimba, he had established himself as one of the leading agents in Brisbane's inner eastern suburbs, transacting…
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Property Tree surpasses 3500 customers as cloud adoption increases in Australian real estate industry
Almost twice as many agencies now use cloud technology over server-based software, according to research by Rockend, who note 62 per cent of property management agencies rely on the cloud in an increasingly fragmented market. MRI Software Company, Rockend, is seeing this within its own cloud-based suite, with Property Tree surpassing the 3500 active customer mark this month. According to…
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WA’s top real estate professionals rewarded
Four new property management categories were added to this year’s reiwa.com Awards, ensuring all of Western Australia’s top real estate professionals were rewarded for their work in the industry. Around 700 professionals and guests attended the ’80s-themed 2018-2019 ball at Crown Perth, which honours the state’s best performers across a number of categories. REIWA CEO Neville Pozzi said this year’s…
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Ray White opens in Tamborine Mountain
One of Tamborine Mountain’s most recognised agents is joining forces with Ray White, opening a new office in town. Emma Hawker has operated independently in the area for almost two years, and said the opening of Ray White Rural Tamborine Mountain was a natural progression as her business looks to continue its growth. “The most important thing to me is…
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Ray White Victoria and Tasmania celebrates 2019 winners
More than 1,100 guests descended on the Melbourne Convention and Exhibition Centre for the annual Ray White Victoria and Tasmania state awards on Thursday August 22 to celebrate the top offices and individual achievers throughout the leading network. Ray White Victorian and Tasmanian CEO Stephen Dullens welcomed everyone and reminded them all that the leading…
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Agent helps deliver $173k for charity in Outback Postie Ride
Riding 1,000km through South Australia on a postie bike might sound uncomfortable, but for the recipients of money raised by the Apex Outback Postie Ride, it is a huge comfort. Event founder and Principal of Raine & Horne Port Augusta Greg Kipling OAM said the four-day ride which finished on August 11, raised a stunning $173,000 for the Apex Copper…
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Sunshine State dominates at Belle Property awards
It was a big night for the Sunshine State at Belle Property’s national awards night this week, with two Queensland agents taking home the biggest gongs. Bulimba’s Tony O’Doherty was awarded the highly-coveted National No. 1 Sales Agent of the Year Award, while Andrew Oostenbrink, of Carindale won numerous awards. Hailing from Ireland, Mr O’Doherty has been a Brisbane local…
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LJ Hooker Avnu Lower North Shore expands sales team
LJ Hooker Avnu Founding Partner Adrian Bridges recently welcomed Nic Christou to the team. Mr Christou has an impressive track record, starting his career when he was just 15 years old, and has now chalked up more than 10 years in the industry. Mr Bridges said Mr Christou first reached out to him on Instagram and requested a mentoring opportunity. …
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