SA Real Estate News
-
Taking on the Tribunal and Winning
Kevin Hodges, Director of Kevin Hodges Real Estate in South Australia challenged the ‘unfairness’ of the SACAT in relation to the landlord’s duty to mitigate the loss of a tenant in relation to a break lease scenario and came out on top. There is a requirement in most cases, that in the event of a tenant breaking their lease, that…
Read More » -
REISA wants stamp duty abolished to stop the state’s brightest from moving to the Eastern states
The Real Estate Institute of South Australia (REISA) wants its state government to replicate the move taken by the Victorian authorities in abolishing stamp duty for first homebuyers as it strongly believes the step would stem the outflow a huge brain drain from moving interstate. “The state government is always seeking ways of making South Australia more attractive to our brightest…
Read More » -
South Australia’s housing market records healthy increase in sales
South Australia’s housing market has recorded a healthy increase in the volume of sales for the last quarter of 2016 which offers a dose of optimism for the market in the coming months. Real Estate Institute of South Australia (REISA) president, Alex Ouwens, said that the latest figures showed a stable median price of $440,000 – the same result as…
Read More » -
Raine & Horne reacquires its South Australian operation from long-time franchisees
In a bid to strengthen its presence in South Australia, Raine & Horne had reacquired its real estate business from long-term franchise holders, Chris and Sue Weston for an undisclosed sum late last year. The husband and wife team who has been operating the group’s franchise since 1996 is the latest business to be reacquired by Raine & Horne after…
Read More » -
It’s not just the Titling system SA is first at…
The Real Estate Institute of South Australia (REISA) embarked on an aggressive adoption of electronic documentation many years ago which is paying off in dividends now. Three years ago the REISA stopped printing or selling its documentation in hard copy and is now leading the way with its adoption of the REI Forms Live platform’s Docusign process. REI Forms Live platform – that…
Read More » -
South Australia Looks to Change Property Management Licensing Laws
In a move endorsed by The Real Estate Institute of South Australia (REISA), the State Government has announced proposed changes to legislation including the introduction of a Code of Conduct for the real estate industry and the licensing of residential property managers in South Australia. REISA CEO Greg Troughton said “We have lobbied the Government extremely hard for many years…
Read More » -
Raine & Horne back in Glenelg with experienced real estate team
After a short interlude, Raine & Horne is open again in Glenelg, one of South Australia’s strongest real estate markets. Raine & Horne Glenelg will be led by highly experienced property professionals Graeme Sherwell and Christine Pinkus. “Graeme and Christine, who have had many years of real estate experience, are the prefect recruits to our network. They will enable us…
Read More » -
Woods Bagot’s Design of Uniting Communities’ Redevelopment Breaks the Mould
Uniting Communities’ redevelopment on Franklin Street in Adelaide is a radically mixed -use building which aims to provide a range of services from retirement living, disability respite and specialist disability accommodation, retail tenancies, a community services hub, convention and meeting space and workplace. Designed by Woods Bagot the redevelopment, which recently received DA approval, will generate a ‘one-stop’ shop experience for…
Read More » -
Changing of the Guard at Mclaren Vale’s Famous Conte Vineyard
Local wine producer acquires well known family vineyard Well known South Australian winemakers, the Conte family, have sold one of their long-standing vineyards in the famous McLaren Vale wine region. Colliers International’s Nick Goode and Nick Dean facilitated the sale of the Conte family’s McLaren Vale property, totalling approximately 53ha, to local wine producer Dowie Doole. “The property has been…
Read More » -
REISA announces winner of 2016 Auctioneering Championships
REISA’s second Auctioneering Championships concluded on the eve of Thursday, July 21st with a Gala Presentation Dinner at the Stamford Grand Glenelg. Toop & Toop’s Bronte Manuel took out first place – for the second year in a row – and will represent REISA at the Australasian Auctioneering Championships in Alice Springs. LJ Hooker’s Michael Fenn finished in second place and will also…
Read More »