Real Estate News
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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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Vines to lead Ray White Commercial NSW Western Sydney
Successful commercial real estate agent Peter Vines has taken charge of Ray White Commercial NSW – Western Sydney with aspirations to expand and dominate the market. With 15 years of experience behind him in both Australia and Europe, Mr Vines said the growth opportunities for a commercial business in that area of Sydney were enormous. “The western suburbs are the epicentre of…
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Satellite cities take top spots in population popularity contest
Satellite cities and major regional centres are attracting more Australians than capital cities, with the number of Sydneysiders relocating at an all-time high and the Gold Coast becoming the most popular place to move to in the country. According to property market research firm Propertyology, Queensland, Hobart and parts of regional Victoria and New South Wales were the big winners,…
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Victorian developers to help foot bill for dangerous cladding
The Victorian Government will commit $600 million to address the dangerous cladding crisis in a bid to keep Victorians safe, but developers will also be hit with higher building levies to help subsidise the program. The Andrews Government will foot half of the $600 million bill, while the other funds will come from an increase in building permit levies for…
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McCartneys rejoin McGrath Crows Nest
Mother and son duo Heather McCartney and Ty McCartney-Brown have made a comeback to McGrath Estate Agents, joining the team at the Crows Nest office. Ms McCartney began her nearly 20 years ago on the Lower North Shore and said returning to McGrath has been like “coming home”. “When I was considering what my next move was, it was almost…
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South-West Sydney agency makes switch to LJ Hooker
LJ Hooker has expanded its network in the Wollondilly region in South-West Sydney with a new office opening in Picton. Experienced local real estate specialists David Wolfe, Mal McEachern and Melika McEachern led the office’s transformation to join LJ Hooker, offering a full suite of real estate services including property management, residential and commercial sales. With 55 years of combined…
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Starr power expands business in Armidale
After 13 years owning and operating Ray White Rural Guyra – Armidale, Andrew and Dayna Starr are branching into the residential space with a new office in Armidale. The business will become a full service real estate office covering everything from large scale farms and rural lifestyle properties to residential sales and property management. With more than 20 years’ experience…
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NSW Government looking to continue to reform residential tenancies law
The NSW Government is getting set to continue the overhaul of the current Residential Tenancies Regulation, with the aim of improving the renting experience in NSW. The proposed amendments are set to have a major impact on the way both sales agents and property managers interact with current tenants. As a little history, in October 2018, the NSW Parliament passed…
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Crows Nest office opens for Better Homes and Gardens Real Estate
As interest in the new lifestyle real estate brand increases, so too are the number of locations for Better Homes and Gardens Real Estate. The new Crows Nest office will be operated by Lloyd Allen, Office Principal (LREA) and Jane Allen, Principal and Licensee (LREA). Having been a licensed real estate agent for over 25 years on Sydney’s Lower and…
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Third generation Jones to be managing director of MMJ in Wollongong
Tim Jones took the reins as managing director of MMJ in Wollongong on Monday, making him the third-generation Jones to hold the position. The move was part of a succession plan initiated by his father Geoff Jones whose own father Allan Jones was the inaugural managing director of Martin Morris & Jones when it started at 141 Crown Street almost…
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Leading independent named as inaugural business partner for Stone Real Estate Queensland
Stone Real Estate Queensland has welcomed independent agent Shane Evans as the brand’s maiden business partner in the Sunshine State. A top selling agent in the northern Gold Coast region, Mr Evans has become principal of Stone Real Estate Coomera. Head of Stone Queensland, Scott Kelly, welcomed Mr Evans to the team and noted his addition to the network was…
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Luxe project stirs up interest in Double Bay
There’s been a resurgence of interest in high-end luxury apartments in Sydney since the Federal Election, according to Ray White Projects who has tallied up four luxury apartments for more than $13 million in recent weeks. The 1788 Residences, a 29-apartment $100 million boutique development on uber hip Cross St, sits in the blue-chip heart of Double Bay, directly across…
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The Agency delivers strong results
The Agency Group has bucked the trend by delivering a strong June Quarter 2019 including top results in key areas, despite the lingering property market downturn. The company reported its busiest quarter on record in some areas, with a nine per cent jump in number of exchanges to 674, and its highest number of properties under management (4337) – a…
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Belle Property launches into Potts Point
Highly-regarded Principal Mark Foy is set to open his second office, as Belle Property Surry Hills expands into Potts Point. Seeing the growth and shift in the culture and demographic of Potts Point, Mr Foy made the strategic decision to expand his footprint to the inner Sydney suburb. “The Potts Point area is a sophisticated market, offering a wide variance…
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Queensland leads the way in market recovery
Demand has started to increase in the property market on the back of the recent federal election results and interest rate cuts, with Brisbane and Mackay in Queensland leading the road to recovery. REA’s Property Outlook for July has revealed the “ScoMo bounce” and two interest rate cuts were breathing new life into Australian property, with demand starting to increase…
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Ray White Commercial NSW welcomes Christopher O’Callaghan
Ray White Commercial NSW – Sydney City Fringe has welcomed Christopher O’Callaghan to the team in the role of Senior Property Manager. Mr O’Callaghan has a varied background, having studied ancient history at university before going into the banking and financial services sector. “Looking for a change, I found commercial real estate to be both exciting and dynamic, and I’ve…
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Newtown real estate agency raises $22,000 for homelessness
On any night of the year, 638 people are estimated to be sleeping rough in Sydney’s Inner City, and Raine & Horne Newtown is doing its bit to fight this spreading problem by raising $22,000 for community awareness event. On 6 August, 22 of the team from the Inner West real estate firm will be sleeping rough on the streets…
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Ben Cannon joins McGrath Bulimba
Influential industry leader and nationally top-performing agent Ben Cannon has joined McGrath Bulimba, bringing with him an exceptional track record for sales in the area. McGrath Queensland State Manager Justin Marsden was elated to welcome their new recruit to the Queensland network and said Mr Cannon would be an asset to the team servicing the south side of Brisbane from…
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A Fresh Start for Laing+Simmons Kings Langley | Kings Park
Sales executives Garry Cooper and Greg Cameron will take the reins of the business that operates in the Kings Langley and Kings Park areas. Garry Cooper is confident on the prospects for the neighbouring suburbs given the turnaround in the sentiment in the Sydney market recently and believes the Kings Langley and Kings Park areas are well-positioned for growth as…
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Housing affordability best since 1999
Housing affordability is the best it’s been in 20 years, according to the latest HIA figures. HIA Senior Economist Geordan Murray said the figures, gathered from the HIA Affordability Index for the June 2019 quarter, are thanks to a combination of lower home prices, improvements in wage growth and lower interest rates. “For a home buyer with an average income purchasing…
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Ray White Ballarat office celebrates 30 years
Working in production at his local TV station in 1984, Phillip Lee was wondering where his career would sit in 10 years. Little did he know, he’d go on to become a Ray White Ballarat Director and embark on a 30-year career with close friend and fellow Director Trevor Booth. “All around me people were moving to the ‘Big Smoke’…
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EBM RentCover focuses on educating landlords
For property owners, putting your largest asset in the hands of a tenant who you’ve never met and know little about can be a risky business – and EBM is trying to get the word out. EBM RentCover Managing Director of Sharon Fox-Slater said the company has recently rebranded and she was excited to continue to grow what is already…
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Inaugural PM Retreat declared a success for Raine & Horne
Raine & Horne recently hosted its property management conference in the NSW Hunter Valley, where speakers used the theories of creative thinking expert Edward de Bono to enhance their daily problem-solving expertise. Held at the magnificent Crown Plaza Hunter Valley, the theme of the inaugural Raine & Horne Property Management Retreat was ‘One Percent Better’ according to Maria Milillo, Business…
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Ain’t no mountain high enough for Bas Smith
“Certainly one of the adventure highlights of my life… it was a fantastic achievement to pull this off in the style that we did.” That’s how Ray White Queenstown Principal Director Bas Smith described summiting Denali, the highest mountain peak in North America. The unforgiving Denali, with a summit elevation of more than 6,100 metres claimed the lives of 96…
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Ray White welcomes back Nici Godwin
Ray White Goolwa/Victor Harbor in South Australia has welcomed the award-winning Nici Godwin back to the family in the role of Sales Agent. “Goolwa is my home. It’s where I live, it’s where I work and it’s where my kids have enjoyed growing up. I’m so happy to live in such a unique area,” Ms Godwin said. “Real estate is…
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Top local agents open Ray White Inner North in Perth
With the strength of Australasia’s largest real estate brand behind them, directors Arash Kalani, Simon Pigliardo and Matthew Seabrook are excited to have just opened the new Ray White Inner North office in Perth. With a combined 60 years experience between them, the trio have worked in the inner northern suburbs of Perth throughout their careers and believe this move…
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Cobden & Hayson take the lead on mental wellbeing
New South Was agency, Cobden & Hayson, has taken the lead on mental wellbeing in the real estate profession, rolling out a new initiative they hope will boost their employee’s overall health. In an industry-first initiative, Cobden & Hayson has collaborated with the Real Estate Employers Federation (REEF) to draft and implement a Purchased Additional Leave policy. The program will…
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REINSW 2019 Awards for Excellence finalists announced
The Real Estate Institute of New South Wales (REINSW) has announced the finalists for its annual Awards for Excellence. Now in its 22nd year, the Awards for Excellence is the largest and most respected industry awards in NSW and recognises the best, bravest and brightest work across the industry. REINSW President, Leanne Pilkington, said the quality of applicants gets better…
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Hills District specialist Karen D’Angola joins DiJONES
Experienced agent and Hills District expert, Karen D’Angola has joined DiJONES to leverage her expertise in the local market. Ms D’Angola has worked in real estate across the Hills District for many years as well as being a local resident. “We approached Karen because of her strong position as a market leader in real estate for the Hills District, as…
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Ray White’s innovative Apartment Collective reinvigorates the auction process
An innovative new auction approach has earnt a huge tick of approval from both buyers and sellers and is set to shake up the way the industry approaches older stock. Ray White’s recent Apartment Collective, an initiative to rejuvenate older stock has been hugely successful, selling 12 properties with a combined value of over $6 million over the course of…
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APRA Lending guidelines and income tax cuts provide welcome confidence boost
The Property Council of Australia has welcomed the softening of residential mortgage lending guidelines and the Government’s income tax cuts, noting the initiatives provide a welcome shot of confidence for the property sector at a critical time for the Australian economy. Responding to APRA’s decision last week to remove the 7 per cent interest rate buffer for residential mortgage lending,…
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OBrien Real Estate extends its network into Melbourne’s eastern suburbs
OBrien Real Estate has welcomed a well-known local family agency to its growing network in Victoria, with the Molinaro family joining the brand. The Molinaro family business has been established for more than 30 years in the City of Whitehorse, and will join the OBrien family from July 8, operating from a state-of-the-art, brand new office in Blackburn. Husband and…
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Belle Property Lindfield recruits new lead agent
Belle Property Lindfield has announced the appointment of leading agent Zing Liu. Zing joins the brand to boost its offering and expertise to the diverse buyers and sellers in the upper north shore. “The upper north shore is a diverse area with high demand from Chinese clients due to its proximity to the city, the size of the blocks and…
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Four more offices join One Agency network
One Agency has welcomed four new members to its network during June, and the trans-Tasman real estate network is expecting at least that number again to join in the coming weeks. Head of Australasian Membership John Stewart confirmed more agreements are being finalised and said the second and third of several incoming newcomers in the South East of Victoria is launching…
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Harcourts Solutions Group opens fifth Brisbane Office
The Harcourts Solutions Group is set to open an office in Albany Creek, bringing their ever-growing business to five offices across Brisbane. Harcourts Solutions purchased the sales and rental business, formerly First National Albany Creek, this month. Business Owner and Growth director, Brendan Whipps said Harcourts Solutions was already prolific in Albany Creek and the surrounding suburbs, with Cara Bergmann,…
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