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Elite Agent
ScoMo and the PCA want you to get back to the office
Property Council of Australia Chief Executive Ken Morrison has welcomed the Prime Minister's call for public servants to return to their offices, and for other businesses and workers to follow suit.
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Elite Agent
Buyers keen but sellers hesitant in an uncertain market
With COVID-19 restrictions continuing to ease just in time for the spring selling season, the property market is expecting a surge of buyer demand.
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Elite Agent
NSW Fair Trading issues clarification on mandatory COVID-19 Safety Plans
We have republished their article below, with the clarifications made by Fair Trading in bold.
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Elite Agent
Queensland’s property market defies pandemic predictions
Queensland’s real estate market has overcome predictions of property price falls as a result of the COVID-19 pandemic.
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Real Estate News
The Block’s winning bedroom borrowed from Byron designer
Block contestants Luke and Jasmin were thrilled after scoring a perfect 30 for their jungle-themed children's bedroom on Sunday's episode of The Block, but it soon became apparent they'd leant a little too heavily on a popular Byron Bay AirBnB for inspiration.
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Real Estate News
The unassuming house with a skatepark inside
From the road, you'd never imagine that the unassuming house above contains an entire skatepark that draws professional skaters from around the world.
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Real Estate News
RBA expected to cut cash rate to 0.1 per cent
It seems a fait accompli that the Reserve Bank will be slashing the cash rate by 0.15 per cent, but experts are divided on when it will happen.
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Elite Agent
Universities will need to sell $25b real estate portfolio
The Australian university sector is in dire straits, with Universities Australia predicting losses of $16 billion across our tertiary institutions over the next three years, as the usual influx of international students is stalled.
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Elite Agent
Sydney mansion breaks national auction record, selling for $24.6m
Sydney enjoyed an impressive weekend of auctions, with the clearance rate hovering just under 75 per cent, and a new nationally residential auction record.
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Real Estate News
QANTAS may soon be your new landlord
Qantas is subletting roughly 25,000 square metres of office space in Sydney, Melbourne and Hobart.
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Elite Agent
Simpler home loan rules to fuel Australian economy
Reforms announced by the Morrison Government that will streamline and loosen the progress of applying for home loans is hoped to jumpstart our flagging economy.
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Elite Agent
Real estate is an essential service: REIQ
As the Queensland State election looms, REIQ have called on political parties to "not forget the critical contributions of Queensland's real estate sector to the local economy."
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Real Estate News
Should landlords be incentivised to make rentals energy efficient?
The Australian Housing and Urban Research Institute have released a 75-page report that proposes tax breaks and financial assistance for landlords willing to improve the energy efficiency of their rental properties.
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Elite Agent
Planning reform will add $5.7b to economy: PCA
The Property Council of Australia are urging the various state and territory Governments to implement at least one of the 'quick win' reforms in their new Planning to Prosper report.
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Elite Agent
Australia should aim for zero-carbon buildings by 2030
The Australian Institute of Architects has welcomed the Government's recently-announced $1.9b investment into lowering emissions, but urges the acceleration of the transition to a carbon neutral economy.
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Real Estate News
House prices set for a 15 per cent surge: Westpac
The economists have mapped out a four-stage housing cycle that they believe will lead to this surge.
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Elite Agent
Greens SA introduce ‘Renting with Pets’ Bill
The Greens Party have today introduced a “Renting with Pets” Bill into South Australian Parliament. Currently the default position of most residential tenancy agreements in South Australia is that pets are not allowed. This Bill reverses this so that pets are automatically allowed, except in certain circumstances. “If a tenant applies to keep a pet and the landlord doesn’t consent,…
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Real Estate News
Queensland’s border may open to Sydneysiders in under a fortnight
More hopeful border news, following on from the pending reopening of South Australia to all NSW residents, and the softening of Queensland's restrictions to allow 41 postcodes near the border to cross freely. The Queensland…
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Real Estate News
Dexus CEO warns of “far more painful” recession if work-from-home continues
"People will sit there and say it's the death of the office, but I don't think that's the case"
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Elite Agent
PCA call for six-month Home Builder extension
Recent research by the National Housing Finance and Investment Corporation predicted that demand for housing in Australia would fall by up to 232,000 dwellings over the next three years.
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Real Estate News
LJ Hooker turns 92, and partners with headspace
On September 20, 1928, Leslie Joseph Hooker opened a real estate office in Maroubra, a beachside suburb roughly ten kilometres from the Sydney CBD.
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Elite Agent
“Mr Premier, I don’t think you understand” – REIV
REIV announce the start of a public campaign urging the government to reconsider their decisions, with the hashtag #reconsider-lockdown.
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Real Estate News
$52.5m greener buildings package welcomed
The Property Council of Australia has welcomed today's announcement of a $1.9 billion package of investment in future technologies, including $52.5 million earmarked for improved energy efficiency in residential and commercial buildings.
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Real Estate News
Qld eviction freeze to be lifted in under two weeks
From September 30, the Queensland Government will lift its ban on the eviction of residential tenants unable to pay their rent due to the COVID-19 pandemic.
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Elite Agent
Gen Z wants split-rate mortgages, Boomers want fixed rates
The generational gap is evident in new research by Finder, which shows a new level of employment uncertainty is influencing how younger generations would prefer to structure their home loans. Out of 1000 Australians surveyed on how they would structure their mortgage if they were to refinance, 20 per cent would choose a split mortgage, dividing their loan into fixed…
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Real Estate News
Outdoor auctions now allowed in regional Victoria
Some good news has come at last for the Victorian real estate industry.
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Real Estate News
HomeBuilder will keep residential building industry afloat in December Quarter
The HIA New Home Sales report indicates that HomeBuilder will support building activity and protect jobs in the industry during the December 2020 Quarter.
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Real Estate News
Vic Government passes “fundamentally flawed” retail leases bill
The Victorian Government yesterday passed the Retail Leases Amendment Bill.
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Elite Agent
Australia’s lowest mortgage rate is now 1.89 per cent
In late June, Loans.com.au became the first lender in the country to offer a home loan rate of under 2 per cent, with their 1.99 per cent introductory rate. Since then, nine other lenders have slid under the 2 per cent bar, prompting a race to the bottom that is now being led by Reduce Home Loans – who clearly…
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Real Estate News
REIWA: Dwindling vacancy rate “a recipe for disaster”
In two months, Perth’s vacancy rate has dropped from 2 per cent to 1.3 per cent, and the Real Estate Institute of Western Australia expects this figure to keep dropping – a situation they are dubbing “a recipe for disaster” for tenants looking for a rental property. “The McGowan Government’s short-sighted decision to extend the emergency period for all tenancies…
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FEATURE INTERVIEWS
From Olympic Gold to real estate gold: Gail Miller reflects on Sydney 2000
Gail Miller is the founding director of Goldstone Property Sales
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Real Estate News
REIV implores government to allow one-on-one inspections
Touting what they call “a safe and simple answer”, the REIV has called for the Victorian Government to allow one-on-one inspections of properties to “help save many Victorians from financial distress and homelessness”. They argue that the current restrictions are hurting potential sellers, especially considering that often people are forced into selling their home due to financial pressure, and this…
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Real Estate News
The 10 ‘danger zones’ for unit oversupply in Australia
RiskWise has identified the Top 10 'Danger Zones' areas in Australia.
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Real Estate News
Josh Logan-Pye wins 2020 REINSW Novice Auctioneers Competition
Josh Logan- Pye beat out more than 25 novice auctioneers last night to take out the 2020 REINSW Novice Auctioneers Competition champion. “I’m blown away to be crowned NAC Champion,” says Logan-Pye. “I decided to…
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Elite Agent
Victorian Treasurer offers hope to real estate agents angered by restrictions
Victorian Treasurer Tim Pallas has suggested a level of flexibility in the much-maligned Victorian roadmap that may give relief to frustrated real estate agents.
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