VIC Real Estate News
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Real estate ‘click bait’ is great for news but bad for the economy
Celebrating 50 years in real estate this year, Mr Plant has seen a lot of property cycles but fears that this current property correction is being driven deeper by a media whose revenue is driven by clicks and views. “The person on the street could be forgiven for thinking the current property market in Victoria is headed for Armageddon –…
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Former Ray White CEO returns to the coalface
Domenic Belfiore is already making an impact less than a month into his new role as Ray White Werribee director. It’s a change of pace for Mr Belfiore, who resigned as CEO of Ray White Victoria and Tasmania in January after four years at the helm. Recognising opportunity and potential for great growth, Mr Belfiore enthusiastically commenced work in his new role…
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Ray White announces new head auctioneer for Victoria and Tasmania
Ray White Victoria and Tasmania has strengthened its focus on selling properties under the hammer with the announcement of Matthew Condon as Chief Auctioneer. Mr Condon started in the role this month, however his ties with the Ray White Group date back two years to when he started in the business as a national skills trainer, educating agents on successful…
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Record price for Melbourne Penthouse with $30M sale
Luxury property developer GURNER™ has broken Melbourne’s price record for the most expensive apartment sale, contracting a $30m penthouse at its ultra-luxury Saint Moritz development in St Kilda to a high-profile Melbourne family. The sale, contracted off-market prior to the development’s slated public launch in June this year has achieved an unprecedented $40,000 per square metre. The price is 20…
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Three offices join forces to become OBrien Mornington
Three real estate offices have become one in Main Street, Mornington as OBrien Real Estate scores a hat trick. Three agencies in the Mornington Peninsula have consolidated into one large agency as Kayn Luff, director and business owner of long-established and trusted independent Mornington agency Conley Luff, joins forces with Fraser Bayne, director and business owner of OBrien Real Estate…
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Ray White Rural appoints key specialist in Melbourne
Ray White Rural has announced the appointment of a new leader in Victoria. Matt White, a fourth-generation leader in the Ray White family and a successful business owner, has now joined Ray White Rural and Livestock in Melbourne as its state director and auctioneer. Ray White Rural and Livestock CEO Stephen Nell said Mr White’s appointment was a timely critical…
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A new force enters the Horsham market
One of Horsham’s most recognised agents, Aaron Lewis, has opened a new Ray White office in town. Combining personalised service with the strength of the Ray White brand, Mr Lewis said the opening of Ray White Horsham was a natural progression as his business looks to continue its growth. “Having operated independently for the past nine years, I’m looking forward…
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Houses selling for up to $400k more in coveted public school zones: REIV
Homes in the designated neighbourhood boundary of some of Melbourne’s popular public primary and secondary schools are securing sale prices of up to $412,500 more than those just outside the zone, according to the latest REIV data. REIV President Robyn Waters said houses within some school catchment areas are hot property, because access to sought-after public schools is one of…
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Husband and wife team join OBrien Real Estate
Chris and Candice Hill from Melbourne’s South East have joined the O’Brien Real Estate brand. Mr and Mrs Hill will join the Berwick office under the directorship of Dean O’Brien. Mr O’Brien co-founded OBrien Real Estate in late 2010, opening its first office in Berwick. Since then the network has grown to 27 offices. Mr Hill began his career in real estate…
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Kay & Burton announces new corporate structure
Kay & Burton have started 2019 with a change to their corporate structure, after a year of implementing new businesses and platforms in 2018. Major investments included the development of Kay & Burton Projects as a recognised player in high-end off-the-plan new developments. New sales and property-management businesses have also been launched in Armadale and Brighton to meet the needs of…
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Lambros Bollas joins the OBrien Real Estate network
Melbourne-based OBrien Real Estate is excited to welcome respected local agent Lambros Bollas to the team. Mr Bollas joins with more than 20 years’ experience in the industry to become a key member of the leadership team, working alongside director Max Martinucci. “The experience and expertise I can bring to the team is welcomed and I welcome the energy and…
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A familiar face opens Ray White Narre Warren South
With more than 16 years experience in the industry, Metin Aziret says he’s excited to rebrand his office to Ray White Narre Warren South. With a well-established presence across his local area, Mr Aziret said he was confident this is the next step his business needs to continue its growth. “For us to improve we needed a brand that could…
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Ray White’s Malek Younan named Top Agent in Australia by SQM
CONGRATULATIONS go to Malek Younan of Ray White Gladstone Park who has just been named as the top residential agent in Australia by SQM Research. The inaugural list of Australia’s Top 100 Residential Real Estate Agents in 2018 was just released by SQM Research, with Malek Younan of Ray White Gladstone Park in Melbourne leading the list out of 53,650…
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OBrien Real Estate extends network into Melbourne’s Inner North
OBrien Real Estate established its first franchise office in February 2013 and now has just opened its 27th office, located in the growth belt of the inner northern suburbs. Originating in the south-east of Melbourne, OBrien until recently had all its offices situated on the east side of the Yarra River, but now you’ll find four recently opened OBrien offices…
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Barry Plant “Oak Club” celebrates longevity
At a gala event at the Plaza Ballroom in Melbourne last week, Barry Plant Group Directors, Vic Care and Mike McCarthy welcomed 65 new people to their prestigious Oak Club. The Oak Club was created in 2000 to acknowledge the loyalty and contributions of people who have been with the Barry Plant Group for 10 years or more. The oak…
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Melbourne tops Asia Pacific region as best investment for 2019
According to a new report from the Urban Land Institute (ULI) and PwC, Melbourne is the best prospect in the Asia Pacific region for both investment and development. The Emerging Trends in Real Estate Asia Pacific report for 2019 provides an outlook on Asia Pacific real estate investment and development trends, real estate finance and capital markets, and trends by…
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Ripple Wu becomes Co-Principal of McGrath Box Hill
McGrath Estate Agents today announced the appointment of Ripple Wu as a director and co-principal of McGrath Box Hill. McGrath Founder and Executive Director John McGrath said, “Despite a cooling market I believe Melbourne offers good potential for capital growth over the long term due to solid population and employment growth, major investment in infrastructure and affordable housing that will…
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Harcourts Warragul named best in Victoria
Harcourts Warragul was recently recognised as the top performing agency within the Harcourts Victoria Group at their quarterly awards night in October. It was a Regional Victoria double with Ballarat coming in at number two, and provided sound evidence to the current strength of the regional growth areas versus the decline in metropolitan markets. Harcourts Judd White in Glen Waverley had…
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CBRE retail team nabs highly regarded valuer
CBRE’s Victorian Retail Investments team has secured the services of highly regarded valuer Annalee Neil. Ms Neil, a Deakin University property graduate, will take on the role of analyst, Victorian Retail Investments, following nearly three years as a valuer at M3 Property where she focused on valuing retail assets for many of Australia’s major shopping centre owners. National Director Investments…
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New home for DiJONES Eastern Suburbs
The team at DiJONES Eastern Suburbs office will relocate to Five Ways Paddington after 26 years at its Woollahra home, in what is set to be an exciting new chapter for the brand. Since acquiring DiJONES in 2016, CEO Rob Ward said the company has experienced exponential growth of 35 per cent and, in the past 12 months, has sold over…
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Boutique agency OBrien Real Estate opens in Oakleigh
Oakleigh South agent Max Martinucci has celebrated the official opening of his OBrien Real Estate Oakleigh office. The event saw Mr Martinucci joined by buyer’s advocate and serial bidder on The Block, Frank Valentic, speaking about his experience through buying on The Block over the years and sharing his outlook on the property market. A crowd of 120 guests gathered for the launch,…
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Experienced Mornington Peninsula agent leads Stone Real Estate on Victorian expansion
Stone Real Estate has welcomed Lauren Wild to the team as head of the agency’s new Mornington Peninsula office in Victoria, its first outside NSW. Property professional Ms Wild is unique for being one of the youngest high achievers to join the boutique network expanding rapidly along the eastern seaboard. The 28-year-old has already logged several firsts in a decade in…
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David Young Choi joins ActivePipe as Chief Commercial Officer
Melbourne-based automated communications platform ActivePipe has appointed former Domain Group Director of Corporate & Enterprise – Asia Pacific, David Young Choi, as its new Chief Commercial Officer (CCO). Mr Choi is a highly qualified and respected Senior Executive with over 15 years’ experience in Corporate and Business Development, Marketing and Strategy. His extensive executive background working with Australia’s largest real estate brands…
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Harcourts Group Australia names new leader for Victoria state operations
Harcourts Group Australia CEO Marcus Williams has announced the appointment of Tony Morrison to the role of Harcourts Victoria CEO effective 10 December 2018. Mr Morrison currently serves as the CEO of the Harcourts Tasmania state office, a role he has held since 2004, and will become CEO of both state corporate teams. “Tony has driven the growth of the…
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Fletchers Real Estate celebrates 100 years anniversary with a fresh new look
Family owned, fifth-generation real estate business, Fletchers, is celebrating their upcoming centenary in early 2019, marking the occasion with the rollout of a fresh new look and feel. Executive Chairman, Rob Fletcher said the ‘bigger and brighter’ aesthetic was a departure from the iconic, traditionally darker colours of the brand. “Nothing is more important to us than our clients,” said…
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Robert Ding brings bilingual auctions and new market coverage to The Agency
One of the only agents to run successful bilingual auctions in English and Mandarin, Robert Ding has been able to provide significant insights into Melbourne’s Chinese buyer and seller property markets. In his core areas of Boroondara and Whitehorse, Chinese nationals, recent Chinese migrants and well-established Chinese residents have been drawn to these leafy municipalities for the great schools, access…
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REIV elect third female president in 82 years
The Real Estate Institute of Victoria (REIV) has announced that the Board has elected Robyn Waters as President for 2018-19. Ms Waters was the first Australian woman to be appointed World President of the International Real Estate Federation (FIABCI) in May 2014. She served on the REIV Board as Senior Vice President in 2017-18 and as Director from 2001 to…
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Kay & Burton celebrate 80 years in the industry with future set on AI technology
Leading Victorian real estate agency Kay & Burton is celebrating 80 years of innovation in the industry with a look to how the future is set to change when it comes to buying and selling property. New technology is launching faster than ever before and the last decade has seen the explosion of the internet and social media in property…
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hockingstuart raise over $94,000 for Connor’s Run
Victorian real estate agency hockingstuart are very proud to have raised over $94,000 for Australia’s largest fundraising event for paediatric brain cancer, Connor’s Run. Connor’s Run has raised millions of dollars since its first run in 2013. It’s a cause that’s close to the hearts of everyone at hockingstuart, with 205 team members participating in the event which was held on 16th…
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The Agency expands into south-east Melbourne with top-performing agent Adam Cashmmore
High-achieving Stonnington and Boorondara agent Adam Cashmore has joined The Agency. Adam Cashmore is renowned for his exceptional sales results and is strongly entwined with his local community. A long-time Stonnington resident, he is well-known for his genuine and ethical approach to real estate. “Adam’s experience and expertise in the Stonnington area was exactly what we were looking for. He…
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REIV calls for a fair go on rental laws before Parliament this week
The Victorian Parliament’s Legislative Council will consider the Residential Tenancies Amendment Bill (RTA Bill) this week, the second last sitting week before the caretaker period ahead of the Victorian Election in November. Real Estate Institute of Victoria (REIV) President Richard Simpson said the REIV has worked closely with all political parties to help shape the best possible legislative outcome. “The…
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Ray White Victoria & Tasmania celebrates its 2018 winners
More than 1200 guests descended on the Palladium at the Crown for the annual Ray White Victoria and Tasmania state awards last night to celebrate the top offices and individual achievers throughout the network. Ray White Victoria & Tasmanian CEO Domenic Belfiore welcomed everyone and reminded them all that the leading group helped more families achieve their great Australian dream…
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PhilipWebb Announces New CEO as part of succession plan
As Philip Webb approaches 46 years as the face of his real estate agency in Melbourne’s East, he is making moves to ensure the continued success of the business. Having spent decades cultivating one of the most recognisable industry brands, he has created the position of CEO to redefine the company and drive the business forward. Mr Webb has appointed…
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Openn Negotiation makes push for market share in Victoria with State Manager appointment
Online bidding platform Openn Negotiation is strengthening their position in Victoria with the appointment of Mark Levin as State Manager. Mr Levin brings 18 years’ experience from REA Group, Westpac Bank and STA Travel to the role. Mr Levin is a firm believer in the importance of agents in the buying and selling process, and looks to broaden the Openn…
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First National Clayton JXRE expands with merger
First National Clayton JXRE have merged with Harcourts Clayton, turning the office into a dedicated property management department which will continue to run out of their current premises. First National Clayton JXRE will act as the sales office. Both offices sit in prime commercial spaces and are the biggest offices in Clayton. The merge is aimed at servicing clients better.…
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