Real Estate News
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McGrath shows its confidence in the Illawarra with a new office in Wollongong
McGrath Estate Agents has reaffirmed its commitment to the Wollongong/Illawarra region of NSW having assigned the franchise to its long-time franchise partner, the McCarthy/Sutherland Shire Group, led by Patrick McCarthy. According to Christopher Mourd, Head of Franchise Network, the company continues to believe that Wollongong, as the gateway to the south coast, is an important and evolving property market that…
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City of Sydney announces free strata workshops covering need to know basics
A new incentive to help owners understand the nooks and crannies of strata is set to roll out in early April as the City of Sydney announces a series of free workshops in English and Chinese. These two-hour sessions will help both strata-dwelling owners and renters tackle issues including pets, levies and noisy neighbours. The City of Sydney’s strata skills…
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New ideas for more diverse housing in Sydney
The City of Sydney is calling for new ideas to boost the diversity of housing across the city, with a focus on identifying and developing new models to increase affordable housing supply. The Alternative Housing Ideas Challenge encourages new ways of thinking about housing across financing, management and design and is open to anyone interested in innovation in the housing…
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RE/MAX Precision’s Scott Mackey recognised as one of regional Queensland’s most influential people
The Power 50 is a list of ‘movers, shakers and shapers’ put together by News Mail in association with Central Queensland University. More than 100 names were put forward for consideration in the selection of the region’s most influential, which were then reduced to a top 50. Scott Mackey rounded off the list last year at #50 and this year…
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World first cryptocurrency auction to take place on the North Coast of NSW
History is set to be made next month on Monday April 8 2019, when James Pratt becomes the first auctioneer to conduct a live cryptocurrency real estate auction. A first also for Australia to be the country to facilitate this. Mr Pratt was asked to collaborate with international heavyweight blockchain corporation NuYen, and cryptocurrency giants Binance to offer interested bidders the…
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Sunshine Coast agents dominate the REIQ Awards
THE Sunshine Coast staked its claim to be home to the best agents in Queensland, scooping five of the 19 awards at last night’s REIQ Awards for Excellence gala, as more than 500 real estate professionals gathered at the RNA Showgrounds. Jodie Hedley-Ward from McGrath Caloundra claimed the Best Salesperson of the Year award, while the agency also took home…
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Century 21 have rebranded the Beachside and Lakes office in South Australia, in their aim to refresh all offices nationwide
Century 21 has rebranded in South Australia, rolling out the makeover by rebranding its 22 offices across the state as it refreshes its look in the real estate market over the next two months. The Century 21 Beachside & Lakes office located at Semaphore has launched the new brand and renovated look. The rebrand features an updated logo and a…
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Ray White wraps up biannual training event, Ignite 19
Ray White have kicked off the first quarter of 2019 with a bang, holding its biannual training event, Ignite19, in each capital city earlier this month. The exciting program features inspirational keynote speakers as well as special sessions to help agents excel. The focal messages of this year’s Ignite were to live a life beyond fear and how to adapt…
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Colliers International and Ad Group have partnered to launch a First Home Buyers guide
Melbourne-founded property technology business, AD Group have partnered with Colliers International to promote their First Home Buyers Guide to buying off-the-plan in NSW, a manual for first-home buyers to assist them in entering the NSW property market. ‘We are really proud to have developed Colliers International First Home Buyers Guide,” said Dennis Vertzayias, National Director, Head of NSW Residential Project…
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The Green Building Council of Australia (GBCA) have appointed Davina Rooney as the new CEO
Officially commencing the appointment on 11 June 2019, the former General Manager of Sustainability and Corporate Procurement will take the reins as Corporate Executive Officer at the Green Building Council of Australia (GBCA). “Davina’s inspirational leadership capacity together with her deep technical knowledge would enhance the organisation’s industry perspective as it furthered its goals to make communities more productive, liveable…
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Crown Sydney on a steady course for completion in early 2021
Crown Resorts Limited’s (ASX: CWN) latest development of Crown Sydney, One Barangaroo, which will house Australia’s first branded residences, Crown Residences at One Barangaroo, is on a steady course to meet its completion in the first half of 2021. The construction team has reached three critical building stages; completion of the podium structure which is capped off by two roof top…
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AI-powered commercial lending platform has launched
Lenflo, an entirely paperless and AI-powered commercial lending platform for brokers and borrowers has officially been launched. Developed by commercial lender Global Capital Commercial, the platform offers more than 450 lenders and has the capacity for $1bn in settlements per month with its developer predicting that it will boost commercial loan approvals by 500 per cent. According to Global Capital Commercial,…
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Ray White Commercial Qld welcomes new head of investment sales
Ray White Commercial Qld has welcomed a new face to the team with the appointment of Tom Barr as Director and Head of Investment Sales. Mr Barr has been in the commercial sales and leasing industry for over 15 years and said he is excited to take on the role. ‘Having known Dan White for many years, I was attracted to…
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REIQ appoints new digital-focused General Manager
The REIQ is one step closer to finalising its digital transformation with the appointment of its new General Manager, Josh Callaghan. Mr Callaghan, who was previously the General Manager of financial comparison site Canstar and also co-founder of FinTech Queensland, says he is excited to take on this new challenge of REIQ’s transformation. “Real estate is dear to all Australians…
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Peake Agency honour founder Christine Peake after taking home dual ARERA awards
The annual Australasian Real Estate Results Awards (ARERAs), honouring the top real estate network results in 2018, was held on 25 February 2019 in Sydney. We caught up exclusively with the team at Peake Agency after being awarded the Marketing Campaign of the Year and Boutique of the Year awards collectively. Coming off a win from last year’s ARERA awards…
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Savills Queensland have welcomed two new graduates to the 2019 program
Savills Queensland has announced the appointment of Michael Fowler and Sophie Dong to the graduate program for 2019. Michael Fowler is currently undertaking a Bachelor of Property Economics with minors in Economics & Valuations, due for completion at the end of 2019. Mr Fowler said he believes the programme will work hand-in-hand with what he is learning through his studies,…
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International RE/MAX Convention in Las Vegas puts Aussies on the map
Twenty-five Australian RE/MAX members joined RE/MAX Australia and RE/MAX New Zealand’s Managing Director, Michael Davoren, in Las Vegas recently for the 46th annual R4 Convention, where they rubbed shoulders with many thousands of real estate agents and broker owners representing more than 60 countries. “The Greatest Network On Earth was a proud theme and a bold statement in Vegas this year, but…
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First National have announced the top Queensland General Excellence and Marketing Award winners
These awards recognised the best of First National’s QLD agents throughout 2018, with the top 10 individuals and offices now in the running for a national GEM Award. This will include an all-expenses-paid trip for the top 10 national winners to the National Association of Realtors conference in San Francisco this November. QLD State Chairman David Forrest says the results…
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realestate.com.au launch new competition to re-imagine the rental experience
realestate.com.au have today launched The Real Ideas Prize, a new ‘shark tank’ style competition for those who work in real estate to pitch their big idea on how to improve the rental experience. Contestants from around the country will have the chance to win a share of $100,000 and access to leading industry mentors to help bring their idea to…
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The Barry Plant network continues to expand with six new offices in Victoria
The Barry Plant Group is opening six new offices in Melbourne and regional Victoria in the first quarter of this year. The group has attributed this expansion to continued trust in the reputation of the group by vendors, investors and agents alike. Strengthening its existing network in regional Victoria, the group is excited to add offices in Shepparton, Nagambie and…
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Richardson & Wrench have pushed further into Queensland with a new Bundaberg office
Richardson & Wrench continue to expand their network in key Queensland markets with the opening of a new franchise in the regional city of Bundaberg. R&W representation on the coast now extends from Coolum to Noosa, Hervey Bay, Bargara Beach and Bundaberg. R&W Bundaberg will be operated by Driss Doukari. Managing Director Andrew Cocks said the addition of the Bundaberg office…
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New president elected to lead NSW Property Council
The New South Wales Division of the Property Council of Australia has elected a new Division Council and President for the next two years. Carl Schibrowski, Head of Development for Brookfield Properties, has been elected the new NSW President. Carl holds has held senior roles at Charter Hall, Macquarie and Lend Lease and has worked internationally in Spain and the United…
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British agency Fine & Country have landed in Perth with a new office
With 300 offices worldwide, international real estate agency Fine & Country have opened a new office in Perth, WA. The company has won the award for the Best International Estate Agency Marketing for five consecutive years at the International Property Awards. The new office will reportedly take advantage of Fine & Country’s award-winning marketing service as well as the global referral…
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Jellis Craig launches innovative suburb reporting
Victorian boutique group Jellis Craig have launched an innovative resource to help buyers and sellers make informed property decisions. Suburb Reports are based on data sourced through Core Logic and are designed to provide potential and existing clients with up-to-date market insights while helping to drive leads for the group. Jellis Craig CEO Nick Dowling believes that the new reports…
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Victoria continues to lead First Home Buyer Market as each capital improves in different sectors
The Adelaide Bank/REIA Affordability Report for the December quarter 2018 showed a slight decline in housing affordability nationally with the proportion of income required to meet loan repayments increasing to 31.2 per cent, up by point one per cent. However, it showed an improvement of point four per cent when compared to the December Quarter of 2017. “When we look…
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Xperience Realty have opened in Toowong with a quirky office
With artificial grass for flooring, comics on walls, a football table, Warner Brother’s statues, a giant M&M dispenser and a 63-inch screen for Mario Kart, Xperience Realty are setting themselves apart from the crowd. Founder and Principal of Xperience Reality Vish Uttam said it was important to make his environment as employee-friendly and stress-free as possible, in hopes that the unique…
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Realmark have celebrated 30 years of growth and consistency
In a market of challenges, Western Australian locals Realmark recorded another year on year increase in market share during 2018. Owned and operated in WA, with consistent leadership from co-founders John and Anita Percudani for what will mark the 30th year in 2019, Realmark has reportedly shown year on year market share growth, attributing consistency and trustworthy representation as the key to growth…
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Ray White have marked another anniversary with Linda Frisina reaching 30 years
This week Linda Frisina celebrated three decades with the Ray White Group as the face on the front desk of the Queensland corporate office. “I’ve been lucky with all the moves, because each time we’ve moved it’s been a different environment and something new.” Linda said working within the Ray White Group had been like working with a large family…
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March 2019: RBA rates unchanged, industry responds
Yesterday (5 March 2019), the RBA Board decided to leave the cash rate unchanged at 1.50 per cent for its 27th consecutive meeting. Here’s a quick rundown of what went down! With respect to the housing market: After the earlier large run-up in prices, the adjustment in the Sydney and Melbourne housing markets is continuing as conditions remain soft in…
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Professionals Montgomery Group rebrand to Belle Property
Professionals Montgomery Group, with three offices across Sydney’s St George region, has rebranded to Belle Property. “The St George area is a vital part of our growth strategy so choosing the right team to drive our market presence was crucial,” said Peter Hanscomb, CEO of Belle Property. “Directors Michael Kaye, Mark Somboli and Kristina Lee are incredibly talented and committed,…
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Joshua Gilbert has won the First National Real Estate Leadership Award at Seven News Young Achiever Awards
Joshua Gilbert won the Award from a strong field of young achievers. The winners were announced on Friday 1 March at Doltone House, Darling Island Wharf, hosted by 7 News Presenter Michael Usher. Commenting on the importance to communities of the Awards, Mr Ellis said that First National along with Prime Seven were honoured to be the only major sponsors…
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Barry Hudson from Ray White Hornsby celebrates half a century in the game
The 74-year-old has made a career out of helping others buy and sell real estate for fifty years, with three of those decades spent working for Ray White. Mr Hudson started his career in Hornsby in 1969 following a stint as an apprentice motor mechanic. “I saw an ad in the local paper wanting real estate agents,” he said. “I…
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Andrew Bell says there will be an urgency among property buyers on the election leadup
The Gold Coast property market may be getting an unexpected shot in the arm from the federal election, according to Ray White Surfers Paradise Group (RWSP). RWSP CEO Andrew Bell says he has noted an emerging sense of urgency among some buyers eager to lock in a purchase sooner rather than later. These buyers are factoring in a change of…
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Real Estate Results Network have announced the winners of the Australasian Real Estate Results Awards (ARERAs)
The top-performing independent real estate agents throughout Australia and New Zealand have been recognised at the 13th annual Australasian Real Estate Results Awards (ARERAs). Hosted by industry coaching and training body Real Estate Results Network (RERN), this year’s awards saw strong competition in all award categories. The coveted award for Agency of the Year (metro) was given to Melbourne agency…
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Clint Hynes takes the reins of Ray White Nerang on the Gold Coast
Real estate agent Clint Hynes has just opened the doors to the newest Ray White business on the Gold Coast, in Nerang. Mr Hynes, who has been a high performer at his family’s Ray White Oxenford/Helensvale offices for the past six and a half years, has decided to take the leap into business ownership. “Real estate is such a social…
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