VIC Real Estate News
-
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 » -
Stockdale & Leggo win People’s Choice “Stevie” award
The award is in addition to the Gold Stevie Award that the group won in August after being judged by 200 executives worldwide who participated on 12 juries. Stockdale & Leggo has over 70 offices throughout Victoria, New South Wales, Queensland and the Northern Territory and were delighted to take out the real estate category for the People’s Choice “Stevie” Award…
Read More » -
How can agents effectively use social media marketing?
Leading an auction in front of over 2 million viewers isn’t something many real estate agents experience over the course of their career. But, for Daniel D’Assisi at Noel Jones Doncaster, who was selected to sell the Block property of Sticks and Wombat, it’s exactly the audience size he can expect on Auction Day. Real Estate Bookings who help connect…
Read More » -
How much is a postcode worth? REIV looks at price differences within suburbs
Buyers are often encouraged to purchase the worst house in the best street, but new REIV data suggests the postcode may be worth more than the street name – up to $836,000 more to be exact. In the year to June 30, homes on Beach Rd experienced the largest price discrepancy between postcodes with apartments in Hampton recording a median…
Read More » -
Stockdale and Leggo partners with Deloitte Private to deliver a training and development program for franchisees
The curriculum of the Ignite Program will be designed to challenge franchisees to take the next step in their businesses and to raise the bar in how franchisors can service their franchisee group. “Stockdale & Leggo is incredibly excited about working with Deloitte Private to deliver this internal training and development program, which has been designed to strengthen the…
Read More » -
Barry Plant Croydon under new leadership
Matthew has been the director Of Barry Plant Lilydale for 11 years and takes over ownership of Barry Plant Croydon in the neighbouring suburb from Geoff Thompson, who has owned and operated the office for almost 30 years. Geoff will still be involved in the business through the rental department. Matthew said he jumped at the opportunity to buy Barry…
Read More » -
Stockdale & Leggo Expands into Footscray
With over 10 years’ experience across sales in the Melbourne real estate industry, Stockdale & Leggo Chief Operating Officer Anna Thomas believes new franchisee Anil Salimeda is an excellent addition to the Stockdale & Leggo group and their expansion into in the Footscray area. “Footscray has been on our agenda for some time now and we’ve been waiting for a…
Read More » -
Education hot spots driving house price growth: REIV
Homes zoned for some of Melbourne’s top performing public schools are delivering six-figure dividends for property owners, compared to neighbouring homes outside the catchment. In the year to June 30, the largest price difference was recorded for homes located within the catchment area for South Yarra Primary School. Homes within the zone had a median price of $2 million while…
Read More »