Real Estate News
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Harcourts expands in NSW with two new offices
Harcourts Australia has announced the expansion of the 400-plus office real estate network, with the opening of two franchises in Batmans Bay and Cabramatta, New South Wales. Harcourts Batemans Bay is owned by Dene Lewthwaite and Adam Sadil , who together have over 50 years’ experience in real estate and specialise in residential sales and multi-unit developments. “After long discussions…
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RE/MAX Rally aims to differentiate
RE/MAX Australia has awarded its January to June 2019 top performers, with Managing Director, Michael Davoren, noting achievement and success represented the ability to adapt to the market. At the RE/MAX July Rally, held at Moda Events, Portside, in Brisbane, Mr Davoren announced RE/MAX Bayside Properties as the top office for both commission and sales transactions. RE/MAX Results, Morningside, and…
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The Agency opens in Victoria’s High Country with top agents Allana Storer and Kate McDougall
The Agency has announced the opening of its first regional office in Victoria’s High Country, after partnering with top agents Allana Storer and Kate McDougall. The Agency’s General Manager Victoria, Peter Kakos, said the growing brand was “thrilled to be linking arms and partnering” with such incredible talent. “The Agency had always wanted to expand to regional Victoria, but it…
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Coronis North Lakes named Team of the Year at 2019 Coronis Annual Awards
Coronis hosted their Annual Awards on Saturday, 27 July at the River City’s newest hotspot, Howard Smith Wharves, where they celebrated the achievements of FY19 and recognised the company’s top agents, property managers, mortgage brokers and support staff. Managing Director Andrew Coronis said the Coronis Annual Awards was their night of nights and a great…
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Noakes brothers to head up Stone Real Estate in Hornsby
Stone Real Estate has staked a claim in the northern Sydney hotspot of Hornsby, with two of the area’s talented agents opening the boutique brand’s first office in the suburb. Brothers Steve and Adam Noakes bring almost 20 years combined experience to their roles as co-principals of Stone Real Estate Hornsby. Born and raised in Hornsby, the pair said they…
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Bell to grow Better Homes and Gardens Qld business
Better Homes and Gardens Real Estate has expanded its Queensland team, appointing James Bell as Growth Manager for the state. A renowned and experienced industry professional with a real estate career spanning more than two decades, Mr Bell comes with frontline knowledge on sales, property management, office administration and auctioneering, having owned his own real estate business. More recently, Mr…
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Record Newcastle apartment sale set to boost local market
Newcastle’s most expensive large-format penthouse apartment per square metre has been sold by PRDnationwide Newcastle and Lake Macquarie. The three-bedroom apartment, which is part of Iris Capital’s East End development, has sold for just over $4.8 million. At 234 square metres, this equates to $20,460 per internal square metre, making it the highest agent-initiated sale for a penthouse in Newcastle’s…
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Elders opens new Rockhampton location
Elders Real Estate is set to open a new office in Rockhampton, with a long-standing rural property sales specialist and award-winner at the helm. Virgil Kenny, who won multiple State and National accolades at the recent National Awards, will expand into the residential, lifestyle and commercial property market in central Queensland, servicing Rockhampton, Theodore, Moura, Springsure, Rolleston, Emerald and as…
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“Like Afterpay for VPA”: How CampaignAgent is streamlining cashflow for vendors and agents
Sitting on a ski lift on the way up the slopes of a snowy Mt Buller in 2015 is where the idea for CampaignAgent took off. Founded by Seth Watts, a real estate printer, and Shaun Moriarty, a finance professional, CampaignAgent is a Melbourne-based financial technology company that is shaking up vendor paid advertising, reducing…
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Wythes turning the Hinterland orange with second office
It’s been a busy eighteen months for Directors and Co-owners of Wythes Real Estate, John and Sirah Robb, as they announce the opening of their second office, in Doonan (formerly Fiona Winter Realty). The pair acquired Cooroy based Wythes Real Estate in November 2017 and haven’t looked back since. With a diverse skill-set from backgrounds…
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Sentinel appoints Paul McDonnell as Director of Property
Sentinel Property Group has appointed real estate industry leader Paul McDonnell to the newly-created senior management position of Director of Property. Mr McDonnell will begin work with Sentinel in Brisbane from August 5 as part of the Group’s executive team, with a wide-ranging role focusing on Sentinel’s property and asset management divisions. Sentinel Managing Director Warren Ebert said Mr McDonnell…
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Ray White adds valuations service to NSW operations
RAY White Group is enhancing its commercial and residential property valuations and advisory service with the addition of the new Ray White (Valuations NSW). Formerly LandMark White Sydney (LMW Sydney), the team will continue offering its high-quality property valuation service within the Ray White network, while enhancing the Ray White offering. Ray White Group Managing Director Dan White said he…
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Chinese real estate heavyweights set to merge
Leading Chinese real estate companies Juwai.com and IQI Global are set to combine their forces to create Asia’s largest real estate group. The company will focus on advertising and marketing new development properties from across the globe, and is the first type of collaboration of its kind. Juwai.com is the No. 1 Chinese international property marketplace and reaches 3.3 million…
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Rockingham real estate firm helps boost local businesses
A Rockingham real estate agent has led the charge in revitalising the town’s foreshore area and boosting local business amid “capital works chaos”, giving back to the community he says has given him so much in his 20 years of operation. Raine & Horne Rockingham Beach Director Paul Curran said the council had been digging up roads in the area,…
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Co-living operator secures $55 million Series B funding to accelerate growth across APAC
Singapore headquartered co-living operator Hmlet has raised $55 million in a Series B round, which will allow the company to accelerate expansion across Asia-Pacific and continue bridging gaps in demand for affordable, flexible and secure housing across the region. The round was led by Burda Principal Investments, with participation from existing investor Sequoia India and new investors Mitsubishi Estate Co,…
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Growth on horizon for property tech group
Property technology group Openn Negotiation has successfully closed a $3.5 million Series A funding round. The fundraising comes off the back of a successful Seed Capital round in December 2016 to launch the Openn platform. The equity injection will help Openn Negotiation in the next growth period for the company which has rapidly evolved since…
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Alexa, find me a realtor (and help me move in)
Amazon.com made a move into the real estate business announcing a partnership called Turnkey with US Real Estate Group Realogy (NYSE: RLGY). The collaboration is intended to seamlessly connect consumers wishing to buy a home with making it home. The program hand matches a real estate agent from one of the Realogy Brands to buy…
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Moving to Sydney? It’s going to cost you
These days, there is a high likelihood that at some point in your life, you and your family will choose to live and work in a new city. Real estate agents and property managers likely deal with this very scenario on a daily basis. Given that expats are generally drawn to the leading global cities around the world including Sydney…
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LJ Hooker Avnu recruits Chatswood specialists
Significant demand from the tech-savvy Chatswood market has driven the appointment of Nicole Zeng and Lisa Han to the burgeoning LJ Hooker Avnu team. The expansion has been a natural progression, as Avnu has grown its footprint across the North Shore since it first opened for business late last year. Ms Zeng and her associate Ms Han, who have been…
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Hutton & Hutton and DIAKRIT are stepping up online listings
New Farm-based real estate agency Hutton & Hutton have teamed up with DIAKRIT to revolutionise the way people are looking at purchasing property. DIAKRIT pride themselves on combining the highest quality photography and videography for listings with 2D floorplans, furnished 3D floor plans, virtual walkthroughs, virtual furnishings, and virtual renovations. Fletcher Norman, the Queensland state sales manager for DIAKRIT, said…
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PRD continues NSW expansion with 4 new offices
PRD, the wholly-owned real estate brand of Colliers International, is expanding with the addition of four new offices in the past six months. PRD Chairman and Managing Director, Tony Brasier said market changes were forcing principals of real estate offices to look at what options were out there to grow their business potential. “Our unique service offering and a collaborative approach…
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Familiar faces take the reins at Ray White Beenleigh
Building on the success of Ray White Marsden, business owner Avi Khan is expanding into nearby Beenleigh. Along with new business partners and joint owners Glenn Hamilton and Bec Cragg, the new team is aiming to replicate the rapid growth and success they’re experiencing in Marsden. “I only opened the Marsden office in January 2018, and already we’ve grown to…
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Auctions this week: Clearance rates continue to tick higher on low volume
Auctions this week: Clearance Rates Continue to Tick Higher on Low Volume It might be the middle of winter in Australia, but that hasn’t stopped the resurgence in the auction clearance rate across the country. In Sydney, the preliminary clearance rate was up to 81.5%, its highest in more than 18 months. In Victoria CoreLogic…
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Ray White Helensburgh support beanies for brain cancer fund raiser
For Ray White Helensburgh managing director Simon Beaufils, the devastation of brain cancer became terrifyingly real as he saw his good mate, channel Nine NRL boss Matt Calandar suffer with the disease. “Matt was a really good friend of mine,” said Mr Beaufils this week, who describes watching his friend pass away in 2017 as seeing the ‘coal face’ of…
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The capital city suburbs where house prices are tipped to soar
New research has revealed the best housing markets in our three biggest capital cities where prices are forecast to soar by up to 25 per cent in just three years. The analysis by the Select Residential Property Research Group (SRP) identified the top 10 markets for housing price growth in Sydney, Melbourne and Brisbane with the Sunshine State capital tipped…
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The annual Real Estate Sleep Out to take place next month
Cooley Auctions and Youth Off The Streets are calling on the real estate industry to brave the winter chill and take part in the 2019 Real Estate Sleep Out on Monday, 19 August. Now in its fourth year, Real Estate Sleep Out raises money and awareness for Father Chris Riley’s Youth Off The Streets. The event has expanded interstate since…
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Patrick Leo launches Buyers Agency service in Melbourne
Patrick Leo, a leading real estate agency specialising in investment property sales, has recently launched a Buyers Agency service in Victoria in response to growing demand. “We are excited to launch the buyers agency service. Many clients have asked us over the years to help source their homes after we have delivered them great results with investment properties,” said James…
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Record-breaking month for Ray White Maroochydore
It’s a case of double delight for Ray White Maroochydore as the office celebrated a record-breaking month of sales in June and achieved a property management milestone. A total of 28 properties were sold last month with a combined value of $17,300,000 and the team now manage a total of 1001 properties.Ray White Maroochydore Director and Auctioneer Dan Sowden said he was…
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The Agency’s Jesse Raeburn to star on The Block
To succeed in real estate it takes a combination of tenacity and drive. It’s clear that the Agency’s Jesse Raeburn has both and it is one of the key reasons Jesse has found success as an agent in a short period of time. Those very same attributes have also managed to help Jesse gain a…
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Digital Live to return in 2020
Digital Live will be back bigger and better than ever next year, with one concrete purpose; to move the real estate industry forward in its knowledge of all things digital, while improving access to education for disadvantaged children. It’s no secret that the digital world can be confusing. In an ever-changing market driven by digital,…
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McGrath recognises top performers
Twenty-two of McGrath's best were honoured at the annual awards last Thursday night in Sydney. Recognising the highest achieving, community-minded and innovative performers in the group, awards were presented across sales, property management and administration. Mat Steinwede was once again honoured as the Agent of the Year. https://www.youtube.com/watch?v=zHNxZxofmy4&feature=youtu.be
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Millennial first home buyers urged to buy now before start of the First Home Loan Deposit Scheme
Millennials and younger first home buyers may not yet have seen the urgency but First National Real Estate’s chief executive Ray Ellis is urging them to get off the sidelines and seize their opportunity to buy now before the Morrison Government’s First Home Loan Deposit Scheme takes effect on 1 January 2020. “We have record low interest rates and more…
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Buxton and Beller unite to form real estate powerhouse
Two of the most established companies in Victorian real estate, Buxton and Beller, have joined forces, forming a formidable partnership under the Buxton brand. Founded in 1994, the Beller Group’s Windsor office, led by Beller Group Director Andrew Fawell, became Buxton Stonnington on July 1, bringing the company to a total of 24 offices across the state. While the company…
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National agreement reached on building reforms
Both the Property Council of Australia and the Australian Institute of Architects have welcomed a national approach to building reforms after Commonwealth, State and Territory building ministers last week agreed to implement all 24 recommendations of the Shergold-Weir Building Confidence report. Shergold-Weir Building Confidence ReportDownload The report sets out 24 recommendations that look to cement the National Construction Code as…
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One Agency appoints three offices in Fiji
Rapidly expanding Australasian network One Agency has announced the appointment of Bayshore Real Estate Fiji’s three offices to their network – the brand’s first members in the Pacific Islands. The association was confirmed at Bayshore’s annual awards dinner in Lautoka, attended by and the brand will be rolled out in Nadi, Lautoka and Suva over the next few weeks. One…
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