Real Estate News
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Why L&M Property Co aren’t looking back
Three months after joining the Agents’Agency and launching L&M Property Co, Victorian agents Leman Djemal and Michael Abbas have nothing but rave reviews about their experience.
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ACT and WA likely to see an uptick in listings
The ACT and Western Australia are likely to see the largest percentage of vendors listing their homes for sale in the coming months according to CoreLogic.
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World’s coolest pools: a perfect blend of design and refreshment
In the scorching heat of summer, finding a pool that offers both respite and captivating design can be a real challenge. However, Architectural Digest has compiled a list of exceptional pools from around the globe, showcasing stunning creations that cater to both swimmers and design enthusiasts. These pools not only offer a refreshing escape but also boast impressive world records,…
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Sad day as :Different goes into voluntary administration
Australian PropTech company :Different has gone into voluntary administration, with KPMG set to sell the platform’s assets and intellectual property.
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South Australia bans rent bidding
The South Australian government has followed New South Wales’ lead and outlawed rent bidding in the hope it will help ease some pressure on the rental crisis.
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AI could potentially lead to white-collar “Rust Belt suburbs”
The rapid rise in AI is already changing the way white-collar workers operate and it has the potential to severely impact the price of real estate in certain suburbs according to an expert.
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News Corp unveils two new property magazines
Real estate development and new home news will be the feature of two new property-related magazines News Corp Australia will unveil this weekend.
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Victoria dominates most in-demand suburbs
The Victorian suburbs of Berwick and Melbourne are the two most in-demand suburbs in the nation, according to new PropTrack data.
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Scammers fleece agent out of $300,000
A WA real estate agent has lost $329,500 after scammers successfully stole $329,500 from a trust account last week.
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Short-term and loss-making resales on the rise
Some sellers could be incurring a loss in order to avoid high mortgage repayments, with new data showing the number of loss-making resales held under two years has spiked.
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The building inspection tips your vendors haven’t thought of
An Adelaide building inspections company has released a 12-step checklist for real estate agents and their vendors to prepare a home for sale, ensure they’re not caught out by ‘hidden’ building issues and help generate the best price possible.
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More branded residences coming to Australia
Australia could soon see more branded residences popping up, with developments featuring the likes of the Ritz-Carlton and Four Seasons brands predicted to grow across the country according to a new report.
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The hotel industry rebounds as tourism nears pre-COVID levels
The hotel sector is showing signs of a return to pre-COVID occupancy levels, while room rates are also forging ahead according to an expert.
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The majority of agents are complying with NSW rent bidding laws
The vast majority of agents in NSW are doing the right thing and complying with rental bidding laws according to NSW Fair Trading.
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Lisa Pennell appointed new CEO for Barry Plant
Lisa Pennell has been appointed chief executive officer of the Barry Plant Group just six months after joining the brand as its chief operating officer.
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RE/MAX Metro on the move
Changes are afoot at RE/MAX Metro, with the Sydney real estate office relocating to the Lower North Shore suburb of St Leonards and ownership transferring to experienced property leasing and management professional, Serena Tang.
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The fibs naughty renters tell their landlords
If you’ve ever told a fib to your landlord, then you’re not alone, with a new survey finding that 26 per cent of Australian renters have kept secrets from their landlord.
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Western Australia has the best property market conditions
Some of Australia’s smaller capital cities and their associated regional areas have the strongest property markets in the country according to new analysis.
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Fisherman Bay has Australia’s most serviceable mortgage repayments
Buyers looking for the most economical towns and suburbs where mortgage repayments are manageable should head to Fisherman Bay in regional South Australia.
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Profitability is the number one concern for agency bosses
Profitability has been named the biggest challenge in the real estate industry courtesy of falling transaction volumes, according to new analysis.
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States desperate for social housing as rough sleeping numbers spike
The government needs to build 6000 new social houses every year for the next decade to end homelessness according to a new report.
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Your chance to own a former theme park
The former Fantasy Glades theme park in Port Macquarie is up for sale with potential buyers able to relive their childhood adventures.
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Herron Todd White: $750,000 won’t buy you as much as it used to
The surge in property prices since 2020 has left many homebuyers out in the cold, with fewer options under $750,000 according to the latest Herron Todd White (HTW) Month in Review.
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REIA hits out at Greens over rental inquiry fiasco
The Real Estate Institute of Australia (REIA) has slammed the Greens over the party’s decision to block the House Australia Future Fund and call for an inquiry into the housing crisis.
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How Lou Colella is winning in Melbourne’s Bayside area
Just three months after striking out with a new brand and fresh approach to his business, Melbourne agent Lou Colella hasn’t looked back.
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Sydney and Melbourne jump up the liveability rankings
After tumbling down the liveability rankings during government-imposed COVID-19 lockdowns, Sydney and Melbourne have bounced back in 2023.
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‘Bula’ from the best of RE/MAX
The elite in the RE/MAX sales force have shaken off any early winter chills to bask in the Fijian sun while experiencing three days of professional stimulation at the Platinum+ event.
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House prices have doubled in two years in some regional areas
The surge in regional house prices has seen values in a number of locations double in just over a year.
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Investment property listings skyrocket in capital cities
The number of investment properties hitting the market has soared past decade-long averages in three capital cities, despite overall new listings remaining well below normal.
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National housing market set to recover next financial year
House prices in Sydney, Adelaide and Perth could have fully recovered from the 2022 downturn and reached new record highs by the end of the 2023-2024 financial year.
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NZ home sales record first annual increase in two years
After being battered by one of the sharpest tightening cycles in the world, there are signs that the New Zealand market might be starting to turn the corner.
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Failed QLD land tax has seen investors flee
The Queensland government’s failed attempt to introduce an expanded land tax has done long-term damage to the state’s stock of rental properties according to new analysis.
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Share house demand surges across the country
Rapidly rising rents and a lack of rental properties are forcing renters to return to share houses in a bid to save money and secure a place to live.
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Cyber security for real estate agencies
Trust is the bedrock of every successful real estate agency and in today’s world of data breaches, that trust must now extend to digital trust, according to an expert.
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New AI tool lets agents in on secret off-market opportunities
One of the original founders of Pricefinder has launched an AI-powered tool to help real estate agents generate more off-market property leads.
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