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INDUSTRY NEWS
Why Simon Cohen’s teaming up with view.com.au to help the industry stay sharp
A month into his new role as Property Expert and Brand Ambassador for view.com.au, Simon Cohen says he’s not here to simply comment on the market, he’s here to help the industry stay sharper, be better informed, and more connected to what’s really going on.
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Celebrity Homes
Sardinian seafront villa sells for more than €160 million in record-breaking deal
A seafront estate on Sardinia’s exclusive Costa Smeralda has sold for more than €160 million (AUD $267 million), setting a new record for the most expensive residential sale in Italy.
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INDUSTRY NEWS
Could Brisbane overtake Sydney in house prices by 2029?
Brisbane’s property market is experiencing rapid growth — and some are now daring to ask the question: could it actually outpace Sydney in median dwelling prices within the next five years?
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Celebrity Homes
Historic Brisbane home with David Jones and John Eales links sells for $5.8 Million
A landmark Brisbane residence with ties to the David Jones family and former Wallabies captain John Eales has sold for $5.8 million; that's $2 million more than its last sale price just three years ago.
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INDUSTRY NEWS
Calls to ease housing affordability pressures as property leaders back red tape reduction
Two of Australia’s leading property industry voices have thrown their support behind changes to lending and investment policy, arguing they are necessary to improve housing affordability and attract investment.
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FEATURE INTERVIEWS
Navigating longer sales cycles in a shifting luxury market
When it comes to prestige property, patience is more than a virtue — it's part of the process. As Australia's luxury housing market shifts and sale cycles stretch, seasoned agents are adjusting their pace and strategy. Marshall White Sales Director John Bongiorno is one of them.
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INDUSTRY NEWS
More choice, flexibility and support ahead for agents, says REA Group
Agents can expect “more choice, more flexibility, more value than ever before” in 2025, with REA Group rolling out a number of product updates and service enhancements in direct response to customer feedback.
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Celebrity Homes
Scarlett Johansson and Colin Jost snap up “bargain” Upper East Side penthouse for US$13M
Hollywood actress Scarlett Johansson and comedian Colin Jost have secured a prime piece of New York real estate, buying a grand triplex penthouse at 1220 Park Avenue for US$13 million (AUD $19.7 million).
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INDUSTRY NEWS
Ireland’s global pitch to solve its housing crisis
Ireland made its first official pitch at MIPIM, Europe’s biggest real estate trade show, aiming to attract international capital to help close a €20.4 billion annual housing funding gap.
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Celebrity Homes
Andy Warhol’s former NY townhouse selling for $10.6 Million
A rare piece of pop art history has hit the market, with Andy Warhol’s former Manhattan townhouse listed for $6.95 million (approx. AUD $10.6 million).
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Celebrity Homes
Marcus Bontempelli lends star power to Footscray’s ARCO development
Western Bulldogs captain Marcus Bontempelli is bringing more than just sporting success to Melbourne’s west, teaming up with Ray White Williamstown to support the boutique ARCO apartment development in Footscray.
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INTERNATIONAL
Extell secures final Fifth Avenue lot for $265M AUD, plans $1.5B tower with Manhattan’s first IKEA
After a decade of strategic acquisitions, real estate heavyweight Extell Development Company has finalised its long-anticipated deal for the final parcel at 576 Fifth Avenue, securing full control of the entire block between West 46th and 47th Streets in Midtown Manhattan.
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INDUSTRY NEWS
NSW ends No-Grounds Evictions: rental reform laws to begin in May
The Minns Labor Government has confirmed that major rental law reforms — including the end of no-grounds evictions — will take effect in New South Wales from 19 May 2025.
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INTERNATIONAL
Norway’s oil fund buys 25% stake in London’s Covent Garden for £570 Million
Norway’s sovereign wealth fund, the world’s largest at US$1.8 trillion, has acquired a 25 per cent stake in London’s Covent Garden for £570 million, continuing its expansion into some of the city’s most prestigious real estate.
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Celebrity Homes
The Block winners Mitch & Mark list luxurious beach home
TV renovation stars Mitch and Mark have listed their meticulously transformed home in Sydney's Northern Beaches, marking their first major project since winning The Block.
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INDUSTRY NEWS
Victoria leads Australia’s population growth as housing shortfall looms
New data from the Australian Bureau of Statistics (ABS) shows Australia’s population grew by 484,000 people (1.8%) in the year to September 2024, with Victoria leading the way, adding 147,000 new residents. Oliver Hume Chief Economist Matt Bell warns a housing shortfall will be a “tragedy” for low and middle-income households already struggling with affordability.
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Celebrity Homes
Sonia Kruger sells Mosman mansion for nearly $20 Million
Gold Logie-winning TV presenter Sonia Kruger and her partner Craig McPherson have sold their stunning Mosman home for just under $20 million.
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INDUSTRY NEWS
LJ Hooker calls for urgent housing action ahead of Federal Budget
Australia’s housing crisis is in the spotlight as LJ Hooker urges the Federal Government to fast-track solutions to boost supply, ease affordability, and cut red tape.
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INTERNATIONAL
Dar Global invests AUD$613 million in Saudi Arabia’s residential market
Luxury real estate developer Dar Global has made a significant move in Saudi Arabia’s booming property market, investing €358 million (AUD $613 million) to acquire two residential-led development sites in Jeddah and Riyadh.
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Celebrity Homes
Rock icons and fine wine: Tallagandra Hill hits the market
A celebrity-favourite winery and events venue, which has hosted some of Australia’s biggest music legends, is now on the market.
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INDUSTRY NEWS
Big wins for home sellers, but unit owners feel the pinch
Australian home sellers achieved record-breaking profits in the December 2024 quarter, with a median nominal gain of $306,000, according to CoreLogic's latest Pain & Gain report.
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Celebrity Homes
New York’s Woolworth mansion drops price to just under US$50 Million
A landmark Upper East Side townhouse, known as the Woolworth Mansion, has seen its asking price slashed by nearly $10 million, now listed for just under $50 million (AUD $76 million).
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INDUSTRY NEWS
Trump’s tariffs push up construction costs for US developers
Real estate developers across the US are facing rising costs as President Donald Trump’s latest tariffs increase prices on key building materials, including steel, aluminum, copper, and tiling.
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INDUSTRY NEWS
Brisbane and Gold Coast property markets bounce back after Cyclone Alfred
Just a week after Cyclone Alfred disrupted open homes and auctions, Brisbane and the Gold Coast real estate markets have shown little sign of slowing down.
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Celebrity Homes
Ellen DeGeneres lists one of her last US homes following UK move
Ellen DeGeneres is continuing to shed her US real estate portfolio, putting one of her last remaining Californian properties on the market for $5 million (approx. $7.6 million AUD).
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INDUSTRY NEWS
Five years on: COVID-19’s lasting impact on Australia’s housing market
Five years after COVID-19 was declared a global pandemic, its influence on Australia’s housing market remains strong, with national home values rising 38.4% since March 2020.
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INTERNATIONAL
Rental prices drop in Auckland and Wellington, offering relief for renters
New data from realestate.co.nz shows that rental prices have dropped in two of New Zealand’s largest cities, with Wellington seeing the biggest decline.
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LEADERSHIP
What real estate agents can learn from an FBI hostage negotiator
Former FBI hostage negotiator Chris Voss has spent decades perfecting the art of persuasion, and his strategies translate seamlessly into the world of real estate.
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INTERNATIONAL
Dubai’s real estate boom reshapes the Gulf’s luxury market
Dubai’s property market continues its rapid expansion, with residential sales reaching AED 120 billion ($32.7 billion) in the third quarter of 2024, driven by an influx of high-net-worth buyers.
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INDUSTRY NEWS
Property market gains momentum as new listings spike in February
Australia’s property market showed renewed momentum in February, with new listings rising across major capital cities and auction clearance rates improving, according to the latest data from Domain. New supply reached a four-month high, marking the second-highest February level on record.
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Celebrity Homes
Step inside Keira Knightley’s ‘Black Doves’ home
The grand Victorian villa that served as Keira Knightley’s on-screen home in the Netflix spy thriller Black Doves is now on the market for £5 million (AUD $9.7 million).
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INDUSTRY NEWS
Rocket Companies to acquire Redfin in US$2.4 billion deal
Redfin has announced that it will be acquired by Rocket Companies in an all-stock transaction valued at $2.4 billion, marking a significant shift in the real estate and mortgage industries.
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Celebrity Homes
Mick Fanning’s Hamptons-inspired retreat up for auction
Surfing legend Mick Fanning has officially listed his luxury Gold Coast beach house for sale.
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FEATURE INTERVIEWS
Are family-sized apartments the future?
For years, Australian apartment living has been synonymous with young professionals and downsizers, while families have largely gravitated toward standalone homes. But as affordability challenges grow and urban planning evolves, a new trend is emerging: larger apartments designed specifically for families.
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INTERNATIONAL
Hartford leads America’s hottest housing markets as buyers pay over asking
Hartford, Connecticut, has been named the hottest housing market in the U.S. for February, according to the latest Realtor.com report.
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