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INDUSTRY NEWS
Presence makes its mark in the Newcastle and Lake Macquarie real estate landscape
When Mark Kentwell rebranded his Newcastle-based real estate business to Presence recently, he did so with a clear vision in mind.
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INDUSTRY NEWS
Nationwide housing drought: Australia’s vacancy rates plunge to record low
Australia needs up to 70,000 additional rental properties to create a balanced market, which is a need unlikely to be met anytime soon.
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INDUSTRY NEWS
BresicWhitney helps Vinnies turn art into aid
Boutique Sydney real estate group, BresicWhitney has joined forces with the St Vincent de Paul Society to help the most vulnerable people in the community.
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INDUSTRY NEWS
Interest rates on hold for fourth month in a row
The Reserve Bank of Australia has kept interest rates on hold at 4.1 per cent for the fourth consecutive month, with new Governor Michele Bullock noting the 12 earlier increases are working.
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INDUSTRY NEWS
Adelaide leads the way as Australian home values rise for eighth straight month
Home values have risen 0.8 per cent in September as the nation’s supply and demand imbalance pushes prices skyward.
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INDUSTRY NEWS
Supreme Court rejects landlords’ challenge to NY rent law
The US Supreme Court has declined to hear a challenge to New York's rent stabilisation law, dealing a blow to landlords seeking relief from state rent controls.
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WEIRD AND WONDERFUL
Unliveable house sells for $1.3 million at auction
A run-down Sydney house, marketed solely for its land value, has sold at auction for $1.35 million.
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INDUSTRY NEWS
Interest rates tipped to hold this month but experts warn hikes may not be over
Real estate and economic experts have tipped the RBA to keep the cash rate on hold at Tuesday’s board meeting, according to the latest Finder survey.
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INDUSTRY NEWS
From jockey to Property Partner: How a brush with mortality led Damian Miller to a career in real estate
It was while recovering from a fall from a horse and surgery to remove a bone tumour, that former jockey Damian Miller realised he needed more in his life than horse racing.
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INDUSTRY NEWS
Brisbane to claim both (property) grand finals
Maybe it’s an omen. If this weekend’s footy grand finals were based on property, and not players, Brisbane would return home with both the AFL and NRL trophies.
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INDUSTRY NEWS
View Media Group launches new real estate portal
Antony Catalano’s View Media Group (VMG) has launched property portal view.com.au, with an innovative listings model where sellers can list their homes for free.
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INDUSTRY NEWS
House prices set to surge by June 2025
House prices will rise almost 15 per cent nationally by June 2025, with limited property supply, heavier migration and anticipated interest rate cuts fuelling the growth.
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FEATURE INTERVIEWS
Trina’s test: Bridging the gap between landlords and tenants
Trina Jones is on a mission. Just eight weeks into her role as NSW's first rental commissioner, Trina is crystal clear on one thing - she wants to foster a better balanced, more mature rental sector, where all parties work together.
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FEATURE INTERVIEWS
Redefining commercial real estate: How Peter Vines achieved a 58 per cent sales surge in a year
Peter Vines has a vision. Not just for how he wants to grow his business, but for how he wants to get there.
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Real Estate News
Harcourts helps to beat the blues with bids
Harcourts will take its Blue Friday charity auction day international in 2024, courtesy of the event’s amazing success on Friday, September 21.
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Real Estate News
Auction numbers surge, clearance rate remains steady
Australia’s auction market is holding steady, with solid clearance rates last week, as the number of properties going under the hammer surged.
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Real Estate News
Short-term loss-making sales have increased
Higher interest rates could be pushing sellers to accept a loss, with new data from CoreLogic showing the proportion of loss-making, short-term sales has increased.
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Celebrity Homes
Sir Elton John lists Atlanta condo for nearly $5 million
Sir Elton John has put his Atlanta residence on the market after more than 30 years, signaling the end of an era for the English music legend in the US.
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INDUSTRY NEWS
Industry experts react to Victorian Government real estate reforms
Entry Education has confirmed it will be a provider of the Victorian Government’s new mandatory continuing professional development for real estate professionals, but scarce other details are available.
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INDUSTRY NEWS
El Nino’s knock-on effect: How weather could impact Australia’s property market
As Australia prepares for a hot and dry El Nino summer, a respected buyers’ agent has warned there are several ways the weather event could impact the property market.
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INDUSTRY NEWS
Property values rise in one-in-three New Zealand suburbs
Home values have risen in 30 per cent of New Zealand suburbs according to the latest CoreLogic Mapping the Market tool.
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INDUSTRY NEWS
Victoria announces major overhaul to rental, planning and housing policy
The Victorian Government will introduce mandatory continuing professional development for real estate industry professionals and implement the biggest shake-up in rental, planning and housing reforms in generations, it was announced today.
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INDUSTRY NEWS
Digital Affordable Housing Register to help solve the housing crisis
Australia will become home to an Affordable Housing Register that will unlock the private sector to participate in affordable housing in an effort to solve the nation’s housing crisis.
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Real Estate News
Kolmeo launches flexible portfolio management options
Property management businesses will now have the ability to run multiple brands across their rent roll courtesy of Kolmeo’s new configurability options.
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Real Estate News
$2.2 billion housing and infrastructure plan announced in NSW Budget
A $224 million Essential Housing Package has been announced as a major part of the NSW Budget as the State Government attempts to address the “historic neglect” of social housing supply.
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INDUSTRY NEWS
Home run for owner-occupiers as investors sit on sidelines
Current buyers looking for new homes are likely to be owner-occupiers, not investors, who want a standalone property rather than an apartment.
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Real Estate News
New listings soar across the country in August
New listings soared more than 20 per cent in August, with Sydney and Melbourne recording their busiest end to winter in more than a decade.
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INDUSTRY NEWS
PropertyMate’s platform transforms home searches, wins industry support
A property search platform that enables consumers to search for their perfect home by lifestyle options is also swiftly gaining support from real estate agencies and agents.
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INDUSTRY NEWS
Population growth to fuel Western Australia and Queensland hotspot growth
Australia’s population has grown to 26.5 million, with Western Australia the fastest growing state, according to new research from the Australian Bureau of Statistics.
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INDUSTRY NEWS
Samantha McLean and Mark Edwards to gear up for 700km Thailand ride for underprivileged children
Elite Agent Publisher Mark Edwards and Managing Editor Samantha McLean have long sponsored the Digital Live Ride to support underprivileged children in Thailand, but in 2025 the pair will officially don the lycra and cycle across The Land of Smiles.
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INDUSTRY NEWS
Sydney’s super-prime home sales double
The number of super prime sales above US$10 million have doubled in Sydney, according to the latest Global Super-Prime Intelligence report.
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Elite Agent
Australian homes valued at more than $10 trillion again
The total value of Australian homes has again jumped above $10 trillion, after rising $325 billion in the June quarter.
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FRANCHISE NEWS
Innovation ahead: Pontem has joined The Agency
Pontem, an innovative agency that uses a digital immersion suite to market and sell projects in Victoria, has joined The Agency.
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Elite Agent
Get your real estate stories in the news: 5 ways to woo journalists (including us!)
It’s an age-old question and one I’ve been asked a lot lately - “How can I get my story in Elite Agent/the media/the news?”
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INDUSTRY NEWS
$10 billion housing fund passes after Greens secure an extra $1 billion
After months of protracted negotiations the Housing Australia Future Fund Bill will finally pass the Senate this week, after the Federal Government today agreed to spend a further $1 billion on public and community housing.
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