Real Estate News
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Businesses flee secondary office buildings
The flight to quality across the office sector continues to see businesses move towards higher quality spaces in a trend that is likely to continue.
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Western Australian regional towns record double-digit growth
Tight stock levels and heavy demand continue to put upward pressure on prices in most of Western Australia’s large regional centres, according to new data.
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Realtair expands to New Zealand
PropTech Realtair has kicked off the start of its international expansion program, moving into New Zealand this week.
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Industry applauds National Cabinet’s property reforms
A step in the right direction, game-changing, ambitious and sensible are just some of the terms real estate industry bodies have used to describe National Cabinet’s housing policies announced this week.
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More new homes and rent limits on the way
National Cabinet has supported a deal to build 1.2 million homes over five years from July 2024, with Prime Minister Anthony Albanese also rejecting the idea of a rent freeze but signalling rent limits are on the cards. Under the plan, an additional 200,000 homes will be built on top of the one million properties originally announced in the new…
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David ‘Kochie’ Koch joins Compare the Market
Former Sunrise host David Koch has issued a challenge to Australians to switch and save on a “big bill” every week for the next two months.
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Real estate group creates AI avatar to liaise with buyers
In an American first, a luxury real estate group in the US has created an AI avatar that buyers can liaise with to search for homes.
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New spring selling season campaign for realestate.com.au
Property search portal realestate.com.au, has launched its spring marketing campaign with a headline TV commercial (TVC) featuring celebrated Australian actor, Rodger Corser.
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High end regional property markets continue to struggle
Regional Australia’s housing market has declined over the past 12 months, with the high-end Covid hotspots continuing to lag more affordable locations.
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Stunning 3D-printed hotel to be created in Texas
Cutting-edge 3D printing technology will be used to create a stunning hotel in Texas that will feature never before seen architecture.
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The Block marketing campaigns launch on Domain
Buyers look set to fork out close to $3 million for the homes on season 19 of The Block, with the marketing campaigns going live on Domain this week.
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Falling land sales to add to housing pain
Despite the ongoing housing crisis and record levels of immigration increasing demand for homes, land sales have collapsed.
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The proportion of eco-friendly homes on the rise
The number of eco-friendly listings is on the rise, with more homes being both built and marketed with features like solar panels or water tanks according to new data.
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Apartments emerge as a top investment candidate
Strong demand for apartments has made units an enticing proposition for investors, with a host of locations likely to see rising prices in the next six months.
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Join Domain at RISE Thrive 2023 to embrace a holistic path to success
Later this month, RISE Thrive 2023 will take place at CENTREPIECE, Melbourne Park on Tuesday 29 August.
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US-based Compass is cash flow positive for the first time since going public
Compass, the largest real estate brokerage in the US, has posted a profit for the first time since going public and has increased its market share.
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Art the leading luxury investment, not real estate
Art has topped the list of best-performing luxury investment class ahead of other popular categories including watches, jewellery and coins.
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The common sense way to provide the ultimate buyer experience
When Jane Briscoe began the process of finding a new family home in Sydney’s North in early 2022, never could she have imagined just how much of her time would be devoted to the search.
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RE/MAX Australia’s RMX23 conference ignites inspiration for agents
Mindset coaches, futurists and real estate technicians gathered at RE/MAX Australia’s multi-day Conference, RMX23, recently to motivate and inspire the network's agents.
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Relief for Perth renters as vacancy rates rise
Perth renters might be starting to get some relief, with new data showing that vacancy rates have risen for the first time in six months.
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Fixed rate mortgage cliff hasn’t hurt borrowers yet
With the fixed rate mortgage cliff already underway, there’s still no sign of distressed sellers or a blowout in arrears according to an expert.
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Listings slump leads to REA Group profit drop
A 12 per cent decline in national listings is one of the key factors behind REA Group posting a nine per cent drop in net profit in the year ended June 30.
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Elevate Residential joins fight against over-55 women’s homelessness
A Brisbane real estate agency has joined a campaign to help give women over 55, who are at risk of homelessness, access to safe and affordable housing and personalised support packages.
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A new chapter for Brisbane agency with Agents’Agency
After six years working for himself under another brand, Queensland agent Stephen Browne is taking the next step in his business journey, relaunching his brand as Rennard Harvey and partnering with the Agents’Agency.
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New agency puts community at heart of their experience
For Sunshine Coast agent Bradley Milton, the launch of his new business, Grace Estate Agency, is about far more than selling property.
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It’s all about great service for husband and wife real estate team
For Brisbane couple Tony and Serah Ngo, launching their own real estate brand has been a long-held dream. Now
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Queensland CEO Mitch Peereboom becomes Harcourts shareholder
Harcourts Queensland Chief Executive Officer Mitch Peereboom has signed a shareholder contract and is now a part-owner and director of Harcourts Queensland.
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Profitable resales in New Zealand fall to the lowest level in eight years
Falling property prices across New Zealand has seen the number of homes sold for a gain tumble to the lowest level since 2015.
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Domain launches new app features with a drive to reinvent search
With a view to reinvent the way buyers search for and progress towards buying a home, Domain has released new app features that will making finding a property easier, more transparent and more insights-driven.
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Which generation is most likely to engage in rent bidding?
Baby boomers are the least likely cohort of renters to engage in rent bidding, according to new research from rent.com.au.
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Queensland and Western Australia seeing increased demand for office space
While office vacancy rates are rising in Sydney and Melbourne, demand has lifted Queensland and Western Australia according to an expert.
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Elders Lifestyle Group celebrates with inaugural conference and gala night
More than 100 team members from offices throughout the Elders Lifestyle Group converged at the scenic Sails Port Macquarie for their inaugural conference and gala night.
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WA Government overturns Aboriginal Cultural Heritage Act
The Real Estate Institute of Western Australia has welcomed the State Government’s decision to overturn the controversial Aboriginal Cultural Heritage Act saying it’s “a common sense solution for all parties”.
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Vacancy rate easing was just a “blip” according to new research
Rising vacancy rates in certain suburbs might just have been a “blip” with new data showing the number of available rentals in some areas is again starting to fall.
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The Agency launches a storybook to help children cope with the stresses of moving
The Agency has launched a children’s book to help families manage the stress of moving house.
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