VIC Real Estate News
-
hockingstuart relaunches Red Magazine
Victorian group hockingstuart have re-vamped their in-house Red Mag in a new A3, glossy format, providing the latest market news, lifestyle and design tips and showcasing more listings better than previously. hockingstuart engaged publishing house Indesign – the company behind popular monthly design titles Indesign and Habitus – to bring the new-format magazine to life. The weekly magazine will be filled…
Read More » -
Barry Plant Kick Start their 2018 with guest speaker Mick Malthouse
Barry Plant continues a focus on the professional development and investment in their network of agents with the 13th annual Kickstart Conference. Held, last week, the conference commenced with a powerful address from AFL Premiership Coach, Mick Malthouse, focusing on the role of strong leadership and leading teams by example. “Leadership and integrity are non-negotiables in our business and in…
Read More » -
Top Melbourne agents team up at Ray White
Two leading Melbourne agents Malek Younan and Phillip Mercieca have joined forces to open a business within the Ray White Group. The pair who have been friends since they studied together at Gladstone Park Secondary College are now so excited to be opening a Ray White business in the community they know and love. The successful duo have a combined…
Read More » -
New Grants To Boost Social Housing Stock
The Andrews Labor Government is providing grants of up to $200,000 for local governments to help build new, innovative social housing projects. Minister for Housing, Disability and Ageing Martin Foley today announced the $2 million Social Housing Investment Planning grants program during a visit to the Stokes Penola public housing estate – currently under construction in Preston. The $20 million…
Read More » -
New outsourcer of rental inspections helps time poor consumers
One executive’s search for a rental property highlighted a gap in customer service, along with the creation of a new outsourced rental inspection service called Propzee. For James Bentley, a newly relocated executive from the UK, the rental inspection experience was frustrating, particularly in Melbourne’s hot rental market. James found inspections clashed, were at inconvenient times, on the weekend interfering…
Read More » -
Ray White Warrnambool celebrates 20 years
Ray White Warrnambool has celebrated many achievements over the years, but none have been quite as special for them as marking 20 years with the Ray White Group. Principal Jess Densley proudly leads this award-winning regional Victoria office after joining the group in 2007. “It’s exciting and it means a lot,” said Mr Densley. “We’ve become a dominant player in…
Read More » -
Zed Nasheet on stage for Million Dollar Evening with the Altman Brothers
In a little over a decade, Australian real estate agent Zed Nasheet has risen from hot dog salesman to rising local real estate star, notching up some achievements along the way. Aged only 27, he’s been in the game around eight years and recently opened his own agency, listing $45 million worth of property in the first two months. Last…
Read More » -
Say hello to Diana, the real estate agent of the future
Bayside buyers and vendors can now meet face-to-face with Diana Dugan without leaving home, after the Beaumaris real estate director launched the country’s first augmented reality property website. When you log onto dianaduganproperty.com.au Diana, the company director, is smiling back at you from her North Concourse Beaumaris virtual office, ready to lead you through the website with voice recognition technology.…
Read More » -
Victorian Government proposed reforms will push rents higher and send investors interstate, says PICA
The Property Investors Council of Australia (PICA) have urged Victorian property investors to unite and petition the State Government to amend the proposed changes to the Residential Tenancies Act. They say Victoria’s new rental laws, announced in October 2017, are will strip landlords of many essential rights, in favour of tenants. PICA chairman Ben Kingsley said a falling rental supply amid a…
Read More » -
Victorian government announces initiative to get young people into their own home
The Victorian Government’s announcement that it will be soon accepting applications for its shared equity scheme known as HomesVic has been welcomed by HIA – it is a positive scheme that addresses the rising problem of housing affordability and will help see young people achieve the Aussie dream of owning their own home faster,” senior spokesperson for HIA Kristen Brookfield said. “The…
Read More » -
RE/MAX open office in Melbourne’s West
Friends Kris Bansal and Satyam Mendiratta bring together their talents and experience plus their confidence in Melbourne’s western corridor and the Wyndham Council in their business RE/MAX West at Hoppers Crossing. Mr Bansal’s background is in business, investment and wealth creation, while Mr Mendiratta has vast experience in property development and construction specialising in house and land packages, new-builds and…
Read More » -
Elders Real Estate ‘Win a Holiday’ digital campaign reaches new heights
Elders Real Estate has announced a winner for the ‘Win a Holiday’ campaign, which made waves during the national digital campaign period – with the integrated digital strategy driving over 112 million impressions of the campaign. The campaign ran throughout spring and provided potential clients with the opportunity to win a holiday experience up to the value of $15,000, through…
Read More » -
New home approvals hit a 15 month high based on strong growth in Victoria
Today’s Australian Bureau of Statistics data shows the total value of Victorian building approvals increased by 28.5 per cent to $4.6 billion in November 2017, and is up 67.2 per cent over the year, the highest level since August 2016. Victoria, Tasmania and WA are the three states showing the largest increases, with Victoria by far showing the strongest growth…
Read More » -
McGrath continues its Melbourne expansion
McGrath Estate Agents has opened a Coburg/Brunswick office in Melbourne’s inner north. Melbourne continues to be an important market for the company with the opening of McGrath Coburg/Brunswick, as it operates 10 offices in the southern state. McGrath Founder and Executive Director John McGrath said “Melbourne is a city people want to live and invest in, which is reflected in…
Read More » -
New REA Group showroom highlights invention and innovation
Designed by leading interior and architectural design firm, Futurespace, the new showroom was previously occupied by Woolworths, but has now been renovated to become a shared invention and customer space for REA Group. The showroom is fitted for multiple uses, but most importantly demonstrates some of the emerging ideas and technologies that REA Group is developing. Managing Director of Futurespace,…
Read More » -
Melbourne’s million-dollar boom: REIV
In the year to September 30, 154 Melbourne suburbs recorded a median house price of $1 million or higher from a total of 402 suburbs. A remarkable 90 per cent of suburbs within 10km of the CBD have a million-dollar median house price, while almost 50 per cent of suburbs in the middle ring are also in the million-dollar club.…
Read More » -
hockingstuart opens three new offices in response to coastline demand
The network has opened a new office on the Bellarine Peninsula, joining the existing hockingstuart Geelong and Torquay offices in the area. The new office in Ocean Grove will cater to heightened interest from buyers who are looking to Melbourne’s Surf Coast for affordable homes that are still close to businesses and amenities. The increase in demand has been reflected…
Read More » -
REIV launches online petition to give landlords a voice
The REIV has launched an online petition calling on the Andrews’ Government to amend proposed changes to Victoria’s rental laws. The ‘Rentfair is Unfair’ petition will highlight the level of concern in the marketplace with reform of the Residential Tenancies Act set to remove important landlord rights, including the ability to consent to pets and to minor property modifications. Landlords…
Read More » -
Returning empty homes to Melbourne’s rental market could be life changing
HomeGround Real Estate, a division of Launch Housing, is calling on owners of empty properties in Melbourne to return 1,000 homes to the rental market. Despite the current housing affordability crisis, more than 7,000 homes in the City of Melbourne municipality remain empty according to City of Melbourne demographic data 2013*. Returning just 14 percent, or 1,000 homes, to the…
Read More » -
Barry Plant Group raises $100,000 in annual “Wishtober” initiative for children with life-threatening medical conditions
For the past four years, the group has renamed October “Wishtober” and the initiative has raised more than $450,000 in total for Make-a-Wish® Australia since its inception. Now a much-loved tradition within the Barry Plant Group, each of the group’s offices contributes donations from commissions earned on every property sold throughout October. The Corporate office also donates a significant amount…
Read More » -
Eview Group celebrates high achievers at 11th annual gala awards
Eview Group had their 11th Annual Awards on Saturday night and celebrated the group’s high achievers. Eview Group director, Manos Findikakis, said Eview has seen a 70 per cent increase in growth in terms of individual figures. “Our multiple brand platform allows people to have their own brand, that’s a real point of difference and we’ve attracted some great talent.…
Read More » -
Jellis Craig announces new appointments of Geordie Dixon to role of Director and Carla Fetter to Partner
Jellis Craig has announced new appointments of two talented agents within the group. Geordie Dixon has been appointed as a Director of Jellis Craig Hawthorn, Balwyn and Glen Iris offices. Carla Fetter has been appointed a Partner of the Jellis Craig Armadale, South Yarra and Richmond offices. Carla, 36, has been with the business for 13 years and in that…
Read More » -
Noel Jones launches consumer information site melbournepropertytalk.com.au
melbournepropertytalk.com.au launched last week and is a new brand for the Noel Jones team, geared at engaging customers online before they might normally approach a real estate agent. Director, and recent winner of REIV Salesperson of the Year, Matthew Scafidi said, “Melbourne Property Talk was a natural progression for us to offer a platform where we could truly educate, inform and…
Read More » -
Scaling down: two-bedroom homes are Melbourne’s top performers
The latest REIV figures show the citywide median price for a two-bedroom house increased 17.1 per cent over the year to September to $891,500 – $130,000 more than the same period last year. This was higher than the metropolitan Melbourne median price for any other property type, including four-bedroom homes at $831,000. REIV President Richard Simpson said growth for two-bedroom…
Read More » -
Barry Plant Manningham wins REIV property marketing campaign under $10k award
Faced with the challenge of targeting a wealthy buyer pool for an ultra-modern, hill top mansion in Warrandyte they put together a clever, targeted campaign that showcased the sheer magnificence of the home. While still using the traditional marketing tools such as newspaper advertising and photo board, they elected to put a heavy emphasis on digital media, with the result…
Read More » -
REIV celebrates their best for 2017
The Real Estate Institute of Victoria has awarded this year’s best in business, recognising industry leaders across more than 25 categories. This year’s award winners included: Large Residential Agency of the Year: Methven Professionals Mooroolbark Residential Salesperson of the Year (Executives): Matthew Scafidi, Noel Jones Mitcham Outstanding Young Agent of the Year: Bianca Butterworth, CBRE Buyer’s Agent of the Year:…
Read More » -
Stockdale & Leggo celebrates high achievers across network
Chief Executive Officer of Stockdale & Leggo, Peter Thomas, paid tribute to the top performers and was thrilled with the efforts of the entire group over the year. “Recognition is incredibly important, particularly in an industry as tough as real estate, and I’m very happy to be able to celebrate the efforts of our people in both individual and office…
Read More » -
Victoria braces for record auction weekend
The previous record for auctions held in a single weekend was set in November 2015 when 1,712 auctions were held. A remarkable 1,826 auctions are scheduled for this Saturday alone with around 75 auctions being held on Sunday, including the five Block properties. In total, 1,935 homes will go to auction this week with high auction volumes in Camberwell (29…
Read More » -
Richard Simpson elected REIV President for 2017-18
He has also provided extensive input to a number of Institute committees, serving as Commercial & Industrial Chapter Chair for three years and Members Council Chair for two years. Mr Simpson is a partner in the family business W.B. Simpson & Son, located in North Melbourne with a history dating back over 145 years and both his father and grandfather…
Read More » -
Melbourne house price growth moderates as policies show positive impact for first homebuyers
New REIV data shows the metropolitan Melbourne house price recorded its lowest increase in almost two years, up just 0.7 per in the September quarter to $817,000. REIV Acting President Richard Simpson said the moderation was attributable to 44 per cent of all sales in the September quarter being below $600,000. “In the June quarter we saw vendors with houses…
Read More » -
Victorians respond positively to Andrews’ government announcement to improve tenant rights: Rent.com.au survey
A Rent.com.au survey has found that the Victorian government’s proposed changes to improve tenant rights are welcomed, but 85 per cent of renters still think landlords are ‘too powerful’. The Rent.com.au Changes to Victorian Tenancy Law Survey drew responses from Victorian-based renters and revealed that 81 per cent of renters feel the changes are ‘positive and long overdue’. The survey focused on…
Read More » -
Barry Plant celebrates top acheivers with Awards of Excellence
Louise Carrigg, Principal of Barry Plant Heathmont and Ringwood offices fought off a number of highly experienced auctioneers to claim the 2017 title of Senior Auctioneer of the Year. Ms Carrigg is the first female to be awarded the title in the history of the Barry Plant Group. Other notable winners include: Sarah Fraser, Chari Emirzade, Ned Nikolic and Alan…
Read More » -
Ray White opening in Forest Hill, Melbourne
He believes the timing is right to open in Forest Hill which is undergoing strong renewal. “Forest Hill is undergoing a renewal so the timing is right to open. The market has had a strong run for the last couple of years and Forest Hill is 71 per cent owner occupiers, with many older families looking to downsize,” Mr Francis…
Read More » -
Andrews Government in Victoria promises to make renting ‘fairer’ for tenants
In a media release yesterday, the Andrews Labor Government has promised to make renting “fair” with “an unprecedented package of tenancy reforms” in response to a review of the State’s Residential Tenancies Act. Right now, more than one in four Victorians rent their home and that number is increasing as it becomes more difficult for Victorians to break into the…
Read More » -
OBrien Real Estate opens two new offices and relocates corporate headquarters
OBrien Real Estate will open its 21st office next week at Tecoma to service the Dandenongs in the Yarra Ranges and Cardinia Shires. OBrien Real Estate Tecoma/Belgrave/Olinda will be under the leadership of Rebekah Whittaker. The group will open its 22nd office in Wantirna South on October 20. Under the leadership of Geraint Gardner, Nicole Gardner, Dean O’Brien and Neo…
Read More »