VIC Real Estate News
-
McGrath tips Geelong as a strong performer this Spring Office reports upturn since joining the brand
McGrath Founder John McGrath said Geelong is well positioned for growth with many new Government departments and infrastructure setting up in the CBD, which is driving demand for residential property. “Geelong is becoming a hub for many medical, tech and government organisations, which has been a very positive economic driver for the area,” said Mr McGrath. McGrath Geelong Co-Principal David…
Read More » -
Change of Guard at Stockdale & Leggo Manningham
Stockdale & Leggo have welcomed leading Principal, James Aldinger to the family with James’ recent acquisition of the Stockdale & Leggo Manningham office. With over 20 years’ experience across sales, project sales and property management, with the last 15 years running his own number of successful real estate agencies, Stockdale & Leggo Chief Operating Officer Anna Thomas, believes James is…
Read More » -
Young talent shines at hockingstuart awards
Taking out the coveted Franchise of the Year award was hockingstuart Armadale. The office’s vendor NPS of 62, a strong market share, increase in sales value, and outstanding customer service and staff engagement earned them the prestigious title. The office also received the Most Improved Market Share award, reflective of the team’s burgeoning talent, with young-guns Jack Richardson (reigning REIV Novice…
Read More » -
view.com.au launches new Property Price Estimates tool
In preparation for the upcoming spring selling season, view.com.au (formally known as realestateview.com.au) have launched a new data-driven portal that will empower buyers, sellers, and renters by giving them access to detailed property insights. The new portal features an insights tool called Property 360, which includes over 10 million properties that allows people to track the value of their home, calculate…
Read More » -
Home Loan Refinancing Now Fully Digital in Vic and NSW
If you, or your clients, are looking at refinancing in either of these two states, the applications must now be lodged online with the land registries. WA also has a mandatory deadline for refinancing which kicks in from December. According to PEXA, the platform which makes electronic land transfers possible, the deadline will enforce the capability to provide consumers with…
Read More » -
Melbourne market sees solid June quarter growth: REIV
The cold weather hasn’t dampened Melbourne’s property market with the citywide median house price increasing for the fifth consecutive quarter. New REIV data shows the metropolitan Melbourne median house price rose 2.9 per cent in the three months to June 30, to $822,000. The city’s middle and outer suburbs were the main growth drivers in the June quarter with both…
Read More » -
Brickx bursts into Brunswick West with Bricks from $99
Australians can now invest in a house in Brunswick West from $99 with Brickx. CEO Anthony Millet expects this latest offering in Melbourne to be popular with investors further adding to the current Melbourne portfolio of Prahran and Port Melbourne. “We’re thrilled to provide access to such a stunningly transformed terrace at an affordable entry price of just under $100,”…
Read More » -
Anthony Stevens, former AFL legend joins Elders Real Estate
Former AFL Kangaroos star, Anthony Stevens is embarking on a new career path as a rural real estate sales executive with Elders Real Estate. Mr Stevens will service clients across all agriculture asset classes throughout Victoria and the Riverina. Inducted into the AFL Hall of Fame this week, following an outstanding football career spanning over 16 years and 279 games…
Read More » -
Harcourts office opens in Frankston, Victoria
Brent Pullar and Steve Foster-Swan have teamed up as business partners to launch and operate the 80th franchise for the Harcourts group: Harcourts Central. Brent Pullar was a co-founder of real estate empire MPRE group (as it was back in 2000) with 21 offices in the local area, who later went on to be the Harcourts CEO for Victoria for…
Read More » -
Language is no barrier in multi-cultural Sunshine: Ray White
Ray White Sunshine has just opened in inner west Melbourne with young gun Dee Nguyen at the helm, who is excited to be joining the Ray White family. Principal Mr Nguyen started in real estate in 2008 and is rebranding to Ray White from a smaller independent agency group, with a team of more than 10 staff across property management…
Read More » -
Ray White principal celebrates record first month
Ray White Frankston has achieved a record month in March, with 37 sales from 37 listings following the appointment of Ash Weston as Principal and Director of Sales. Ash comes to the position with three years of experience running the sales side of the business. Since his appointment as principal, the business has experienced record growth. “In the last two years,…
Read More » -
Melbourne’s median house price hits $800,000
Melbourne’s median house price has recorded its strongest quarterly price growth since 2013 to smash the $800,000 barrier for the first time, new data from the Real Estate Institute of Victoria (REIV) shows. The citywide median increased 7.6 percent in the first three months of 2017 to a record high $826,000 – up more than $55,000 on December figures. REIV…
Read More » -
Century 21’s owner now Property Connect chairman
ASX-listed Property Connect has appointed the chairman and owner of Century 21 Australasia Charles Tarbey into the same role in its organisation, effective immediately. Tarbey’s appointment as chairman of Property Connect comes together with an agreement that several Century 21 offices in Victoria and Western Australia will undertake a trial of the LiveOffer technology in Australia from April 2017. In…
Read More » -
Landchecker, helps buyers do due diligence on properties for free
A Melbourne-based company Landchecker has created a free tool for anyone looking to do their due diligence on Victorian property. Developed two years off the back of the government’s initiative to foster innovation through open source data, Landchecker is a user friendly, colour coded map that updates with property planning information such as planning zones, planning overlays, permit activity, bushfire…
Read More » -
Aussie long-term rental start-up Cubbi.com gets fresh new round of funding
Melbourne-based Cubbi.com, which offers tenants long-term rentals anything ranging from three months to two years, has just announced a $300,000 seed round of funding from a consortium of investors led by 1Form co-founder Chad Stephens. Co-founder and co-Ceo Jason Gilbert who runs the company with his older brother Michael told Elite Agent that the seed funding received from Stephens was…
Read More » -
REINSW calls on NSW to follow Victoria’s lead on stamp duty
A decision by the Victorian Government to abolish stamp duty for first homebuyers for purchases below $600,000 should propel the New South Government to also meaningfully tackle housing affordability. REINSW President John Cunningham said premier Gladys Berejiklian must put meaning behind her assertion that housing affordability is the number one priority for her government. “Victoria has acted,” Mr Cunningham said.…
Read More » -
REIV chief: Concern for rental reforms
The state’s most disadvantaged tenants will be the hardest hit if proposed reform of the Residential Tenancies Act – the law that governs the rights and responsibilities of landlords and tenants – is adopted, says REIV chief Gil King. As many of the proposed reforms are designed to improve rental conditions for these very tenants, despite its intentions, the Andrews…
Read More » -
A fresh new identity for the Victorian-based Barry Plant Group
Victorian-based Barry Plant Group has rolled out a new branding in the first quarter of 2017, at its annual Barry Plant Kick Start conference held on Monday. The new branding includes small changes made to its logo, the first since it was last updated 11 years ago. “Our goal was to evolve our brand identity to accurately reflect our group’s…
Read More » -
O’Brien Real Estate branches out in Melbourne, with two new offices
Melbourne-headquartered O’Brien Real Estate will open two new offices in the first quarter of the year – making its total headcount to 19 offices, a long way from where they started six years ago. Last month, the company unveiled its 18th office located at 951 Nepean Highway, Bentleigh, which will service suburbs such as Highett, Bentleigh East, Hampton East and…
Read More » -
Barry Plant Group throws its support behind Women’s Property Initiatives
The Barry Plant Group has rendered its support in helping bolster more funds towards Property Initiatives Real Estate, a social enterprise run by the Women’s Property Initiatives (WPI) in Melbourne. Barry Plant Group said the collaboration will see WPI’s social enterprise benefitting from its professional services which include running a better-managed rent roll and achieving maximum profitability through the advice given…
Read More » -
Belle Property opens first office in Melbourne
Boutique real estate group, Belle Property International is redefining real estate in Melbourne with the opening of their office in Docklands. A world-class concierge partner that represents both property developers and investors across Asia and Australia, Belle Property International Melbourne is set to deliver a personalised and unique approach to large scale projects. A well-respected expert who has been involved…
Read More » -
NSW Federation Council moves in to save iconic Castle home from being demolished
The iconic home that was used in the filming of Australia’s cult film the Castle which was in danger of being demolished will instead be placed at new a location with plans of turning it into a tourism attraction by year-end. New South Wales Federation Council administrator Mike Eden told Elite Agent that the iconic home would be moved from…
Read More » -
Ray White Victoria posts record month despite falling stock
In Victoria, where it’s estimated there’s a 20 per cent drop in stock levels across the state, Ray White has recorded a personal best in sales. Achieving $651 million is sales for the month of October, Ray White Victoria CEO, Domenic Belfiore said the momentum has been building all year. “It’s been a fantastic year and we’re thrilled with the…
Read More » -
REIV Awards recognise its best performers
The Real Estate Institute of Victoria has awarded the industry’s top performers for 2016, recognising agencies and professionals who are setting new best practice standards. The REIV’s annual Awards for Excellence are a highlight on the REIV’s event calendar, attended by more than 1,000 real estate agents from across Victoria. At a gala function last night at Crown Palladium in…
Read More » -
Joseph Walton elected REIV President for 2016-17
The Real Estate Institute of Victoria has announced that Joseph Walton has been elected President for 2016-17. Mr Walton has a long history of involvement with the REIV, having served on a number of committees and as REIV President over the past six months. Joseph has had an extensive involvement with the REIV Commercial and Industrial committee – serving as…
Read More » -
Barry Plant Network Awards Its Winners
The Barry Plant Network hosted its 2016 Awards for Excellence at Melbourne’s Crown Palladium last week. Over 1,000 Team Members, Directors, Sponsors and Partners turned up in black tie, except for Mr Barry Plant who wore a red and white striped bow-tie and matching pocket square, proudly declaring that it ought to be mandatory uniform for auctioneers of the group. In…
Read More » -
REIV Awards for Excellence Finalists Announced
REIV has announced the finalists for its annual REIV Awards for Excellence. The awards recognise and reward members who have gone the extra mile in pursuit of service, ethics and results. This year’s awards will be presented at the Awards for Excellence Gala Dinner at Crown Towers on Thursday, 27 October. Agency Awards: Best Website Award Think Property & Co. Nelson Alexander Pty…
Read More » -
Sophie Lyon Elected to REIV Board
Jellis Craig Boroondara’s Property Management GM Sophie Lyon has been announced as a new board member of the Real Estate Institute of Victoria (REIV). The REIV is the professional association for Victoria’s real estate industry and has over 2,000 agencies as members. Lyon’s appointment means that she will be one of three female members on the eight-member board; whereas during…
Read More » -
VCAT determination upholds pets’ rights
Developer Caydon has welcomed a recent landmark determination from the Victorian Civil and Administrative Tribunal (VCAT) that could see the end of blanket bans on pets in apartments, townhouses and units. The determination came after Melbourne dog owner Madison Brewster contested the banishment of her 4-year-old cavoodle Hamish by the owners corporation of the Eaglemont townhouse she rents, despite landlord…
Read More » -
Going ‘green’ in the home saves cost and improves quality of life, says RMIT study
New research by RMIT on low-carbon housing has found that households could be better off by $1,000 per year by going green. At a time of rising stress over high energy costs, especially among low-income households, the study led by RMIT’s Centre for Urban Research (CUR) reported that low-carbon houses in comparison with ‘standard’ residences in the town of Horsham,…
Read More » -
Brad Cooper appointed as Franchise Manager for Barry Plant Group
Victorian real estate network, The Barry Plant Group have announced the appointment of Brad Cooper as their new Franchise Manager. With over twenty years’ experience in real estate, Brad is an REIV accredited auctioneer and a licensed real estate agent. Brad’s appointment will oversee mentoring and support for the staff and directors across The Barry Plant Group’s eighty offices. It will…
Read More » -
Barry Plant builds on presence in the inner north
The joint-directors of Barry Plant’s Coburg and Pascoe Vale offices have expanded their successful operation, establishing a Barry Plant Brunswick office in Lygon Street’s vibrant café precinct. This office in Brunswick completes a trifecta of offices ideally located to serve the Greater Moreland area. “Barry Plant has been servicing the Brunswick area since 1986,” says Group CEO Mike McCarthy. “During that…
Read More » -
hockingstuart salutes outstanding talent at annual awards night
One of Victoria’s leading real estate agencies, hockingstuart, celebrated the achievements of its employees at the agency’s 2016 awards evening on August 11th, with its regional and outer suburban offices leading the charge. Held at the Plaza Ballroom in Melbourne, the evening recognised the individual and office achievements for the past financial year, based on sales growth, market share and customer…
Read More » -
First National Real Estate launches landmark Asian project marketing initiative
First National Real Estate has today entered a landmark agreement with First National Real Estate Platinum Project Marketing at its Melbourne’s CBD offices to launch a major new project marketing initiative throughout Asia. The agreement leverages the strength of relationships founded in Australian based Asian communities by First National Real Estate, which are themselves the result of a leading Australasia…
Read More » -
Brookfield Multiplex Delivers New Tower to Melbourne CBD
Brookfield Multiplex, a leading global contractor, has delivered another high-rise tower to Melbourne’s city skyline, with the completion of Central Equity’s $295 million residential tower Melbourne One on time. Located at 618 Lonsdale Street, the landmark 47 level tower stands some 149 metres above ground level. The construction of Melbourne One generated in excess of 1,000 jobs and used some…
Read More »