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INDUSTRY NEWS
Study reveals impact of short-term rentals on housing affordability is limited
Short-term holiday rentals, such as Airbnb and Stayz properties, only have a “limited” impact on long-term rental affordability, according to a Queensland Government study.
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INDUSTRY NEWS
From corner store job to heartwarming home sale: Samuel Shooter’s full-circle moment
When Samuel Shooter sold the pastel lemon cottage on Wirraway Close in Dubbo, it represented a lot more than just another sale.
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Celebrity Homes
Gwyneth Paltrow lists guest house on Airbnb
Best actress Oscar winner Gwyneth Paltrow has listed her Montecito guest house on Airbnb, offering a lucky fan, and their guest, the chance to live like an A-lister for a night.
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INDUSTRY NEWS
National property prices set to rise up to five per cent over the backend of 2023
Property prices are expected to increase as much as a further 5 per cent nationally by the end of 2023, new data shows.
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INDUSTRY NEWS
Highland to open new office on the Gold Coast
Leading Sydney real estate agency, Highland, will expand into the vibrant Gold Coast property market with the opening of its sixth office.
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FEATURE INTERVIEWS
Trailblazing Kylie Kis: The rising auctioneer changing the real estate landscape
Kylie Kis has her eyes firmly set on a real estate prize - she wants to make a name for herself as one of the country’s best female auctioneers.
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INDUSTRY NEWS
Dwelling approvals and loan commitments drop
The Reserve Bank of Australia may have kept interest rates on hold this week, but that hasn’t stopped property industry experts from hitting out at the central bank after the latest lending figures showed the number of loans for buying and building a new home has dropped alarmingly.
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INDUSTRY NEWS
RBA keeps interest rates on hold a 4.10 per cent
Australian mortgage holders are breathing a sigh of relief this afternoon after the Reserve Bank of Australia opted to keep interest rates on hold.
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Elite Agent
Resilience: agents who came back from the brink
Resilience. It’s a key word a lot of agents and top coaches say you need if you’re going to succeed in real estate.
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INDUSTRY NEWS
First 3D-printed house in Wolf Ranch completed
The first house in the world's largest 3D-printed neighbourhood has just been completed.
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FEATURE INTERVIEWS
‘Face time’ is the secret to success for this AREA winner
Getting face-to-face with his clients and not hiding behind text and email is what Jeremy Wilkinson credits his latest AREA win to.
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APPOINTMENTS
Graeme Hyde joins Stone Real Estate
Stone Real Estate has appointed experienced industry leader Graeme Hyde to its corporate team as Chief Performance Officer.
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INDUSTRY NEWS
Real estate experts call for action against rental crisis
Real estate experts have called on property managers, agency owners and investors to make a serious amount of noise about the worsening rental crisis, imploring state and federal governments to ditch thoughts of rent freezes and rent caps, which they say will only make the problem worse.
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INDUSTRY NEWS
Real estate consumers call for one agency for life
Almost two-thirds of Australian real estate consumers would prefer to have one agency for all of their property needs in their lifetime, according to new research.
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BTW
Professionals celebrates its best and brightest at PRO-Elite
Professionals Chief Executive Officer Katherine Gonzalez-Cork said the event provided the perfect opportunity to pay tribute to the group’s highest achieving leaders and have some fun.
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INDUSTRY NEWS
Property settlement volumes finish FY23 strongly
Property settlement volumes have trended significantly downward in the most recent financial year, but remain well up on pre-pandemic levels, according to new data from PEXA.
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INDUSTRY NEWS
Building Inspections Gold Coast: Palm Beach shacks signal rising trend
An original Palm Beach shack that sold within a day of hitting the market for the first time, is evident of a building and renovation boom in the highly-sought Gold Coast suburb.
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INDUSTRY NEWS
Tasmania top of the states for economic performance
Tasmania has the nation’s best performing economy, including leading the way on equipment investment and dwelling starts.
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Real Estate News
Suburbs set to thrive from Brisbane Olympics
As Victoria deals with the fallout from cancelling the 2026 Commonwealth Games, the 2032 Brisbane Olympic precinct in Brisbane’s Inner South has topped a list of the city’s property hotspots.
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INDUSTRY NEWS
Victorian properties at high risk of damage from rising seas
By 2100 more than 150,000 Victorian properties could be at high risk of damage from sea level rise and storm surge, according to new research on the impact of climate change on the state.
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INDUSTRY NEWS
First home buyers saving deposits faster
First home buyers are saving almost $200 more per month than they were last year but it still takes more than eight years to gather enough for a deposit.
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INDUSTRY NEWS
Why a lower cash rate likely equals lower rents
With the cash rate still expected to peak this year, tenants are likely also in for a reprieve, with a property market expert explaining rent values usually move in line with interest rates.
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INDUSTRY NEWS
National Property Manager’s Day: Celebrating ‘the heart of every agency’
Kirsten Williams and Maree Chisnall have been named the Australian and New Zealand winners of MRI Software’s 1:1 Leadership Coaching Package to mark National Property Manager’s Day celebrated in Australia on Friday, July 21 and Wednesday, July 19 in New Zealand.
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APPOINTMENTS
Martin Millard and Rochelle Adgo join Ray White
Ray White has secured two big names in real estate, with Martin Millard and Rochelle Adgo joining the network.
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INDUSTRY NEWS
Are international students behind Australia’s housing crisis?
International students could absorb 70 per cent of the new homes built in Australia between now and 2028, a new study has revealed.
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INDUSTRY NEWS
No Commonwealth Games, but more social housing
The Victorian Government has committed to spending $1 billion on more than 1300 social housing homes across the state as a result of pulling out of hosting the 2026 Commonwealth Games.
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INDUSTRY NEWS
Michele Bullock named new RBA Governor
Reserve Bank of Australia Governor Philip Lowe will step down at the end of his term in September, with Michele Bullock moving into the top job.
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Elite Agent
Sun rises on Melbourne Real Estate with infinity loop strategy
Melbourne Real Estate’s business philosophy is a simple one - it wants to be the sun in each client’s universe.
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INDUSTRY NEWS
New listings rise in some capitals but down nationally
New listings and total listings may be down at a national level, but some capital cities recorded a rise in fresh properties coming to market in June, new analysis shows.
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INDUSTRY NEWS
Victorian investors are selling up over costly land tax
Stockdale & Leggo agencies across Victoria have reported a large number of mum and dad investors selling up ahead of the state’s new land tax coming into effect next year.
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INDUSTRY NEWS
NSW Government appoints first rental commissioner
The NSW Government has appointed its first-ever rental commissioner in a role it has termed will be a “voice for renters”.
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INDUSTRY NEWS
Easing rental market, but rising rents loom nationwide
Rental market conditions have eased the most since November 2020, but weekly rents are expected to continue rising.
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SUPPLIER NEWS
REA Group acquires 100 per cent ownership of CampaignAgent
REA Group has acquired full ownership of CampaignAgent, a leading fintech company specialising in property vendor funding solutions.
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INDUSTRY NEWS
NAB lowers refinancing stress test for select borrowers
NAB has joined CBA and Westpac in lowering the stress test on selected refinance applications for borrowers who do not pass the bank’s standard serviceability test.
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INDUSTRY NEWS
NSW Government’s Rental Fairness Bill could worsen the housing crisis
The NSW Government’s proposed Rental Fairness Bill is anything but fair according to real estate experts who fear it will only make the state’s housing crisis worse.
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