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INDUSTRY NEWS
Affordable rentals have vanished in the past three years
The percentage of rental properties priced under $400 per week has seen a dramatic decline in the past three years, presenting significant challenges for low-income earners.
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INDUSTRY NEWS
Low-income earners can’t afford to rent
Low-income earners are doing things really tough at the moment, with a new report finding that minimum wage earners could only afford less than one per cent of rental properties.
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INDUSTRY NEWS
Crane numbers at the second-highest level on record as construction booms
The number of cranes across city skylines is now at the second-highest level on record, signalling a rebound in confidence from developers.
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Movers and Shakers
Andy Camm to lead the new McGrath Whitsundays office
McGrath Estate Agents is doubling down on the Queensland property market after launching their newest office in the Whitsunday led by local agent Andy Camm.
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INDUSTRY NEWS
SA takes the economic crown but WA is closing in
South Australia has come out on top of the economic leaderboard for a second straight year, according to a new report.
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INDUSTRY NEWS
Australian and New Zealand’s top auctioneers set to compete at AUSTROS
Australia and New Zealand's best auctioneers have been named as the finalists for this year's Australasian Auctioneering Championship (AUSTROS) in Hobart.
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Elite Agent TV
Peter Diamantidis on the power of consistency
After getting his start in property as a 15-year-old, Peter Diamantidis has grown into one of the industry’s most dominant agents doing 334 transactions last year.
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INDUSTRY NEWS
Australia’s most affordable coastal hotspots
The swarm of seachangers headed to coastal areas surged during COVID lockdowns and in the process drove up prices.
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INDUSTRY NEWS
2024 ‘better than predicted’ for commercial property
After a tough few years for commercial property investors, weighed down by rising interest rates, 2024 has started better than experts had predicted.
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INDUSTRY NEWS
REIV wants tax reforms to boost rental supply
The Real Estate Institute of Victoria (REIV) has called on the Victorian Government to consider tax reforms that will bolster the supply of rental properties and help ease the escalating affordability crisis.
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Movers and Shakers
Jodie Hughes to lead Raine & Horne Warwick
Experienced agent Jodie Hughes will lead the new Raine & Horne Warwick office in South East Queensland as she looks to expand her reach.
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INDUSTRY NEWS
New listings tumbled 13.6 per cent in March
Vendors took their foot off the pedal last month, with new listings 8.8 per cent lower than the same time last year.
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INDUSTRY NEWS
CommBank, NAB and Telstra named best companies to work for
Australia’s best companies to work for have been named with CommBank, NAB and Telstra taking top honours.
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INDUSTRY NEWS
Arresting development: Fremantle Police Headquarters ‘cells’ for $5 million
The heritage-listed Fremantle police station in Western Australia has been sold to a private buyer after the sales team was able to successfully market the property to local investors.
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Movers and Shakers
Jayden Nichols returns to his roots with LJ Hooker
Jayden Nichols is headed back to where it all began as he takes the reins of the well-established LJ Hooker Muswellbrook office.
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INDUSTRY NEWS
REIQ launches new video series to empower consumers
The Real Estate Institute of Queensland (REIQ) has launched a new video series that aims to help consumers make educated and informed decisions about buying, selling, or renting property in Queensland.
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INDUSTRY NEWS
Capital cities to outpace regional areas with price growth
The big capital cities are shaping up as the best buying opportunities in the next 12 months led by Brisbane, Adelaide and Sydney.
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INDUSTRY NEWS
Ray White New Zealand raises over $400,000 for charity
The Ray White network across New Zealand has spent the month of March, walking, swimming and riding to help raise over $400,000 for Ronald McDonald House Charities.
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Elite Agent TV
Rebecca Cuderman on creating success early in your career
In just her second year as an agent, Rebecca Cuderman from Ray White Marsden hit Elite status with over 60 sales.
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Movers and Shakers
Chris Hynes joins Planum Partners senior team
Planum Partners has appointed Chris Hynes as Director responsible for Real Estate Advisory and will play a key role in growing the firm’s real estate activities.
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Movers and Shakers
Rechelle Hosier to grow the RealtyAssist brand
Rechelle Hosier is looking forward to helping grow the RealtyAssist brand after taking on the role of National Sales Manager.
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INDUSTRY NEWS
Property market confidence is on the rise except for in Victoria
Industry insiders are feeling increasingly confident about the state of the property market, however, Victoria continues to lag behind.
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INDUSTRY NEWS
How agents can win after the NAR commission case
It’s the “educated agent” that’s likely to succeed in a post-NAR commission landscape that the US real estate industry is facing according to experts.
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Movers and Shakers
Ashlee Jade heads up new Barry Plant agency in Doreen
Barry Plant North Eastern Group has expanded to Doreen-Mernda, with local Ashlee Jade set to take the reins.
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INDUSTRY NEWS
Millennials are the most active property investors in Australia
Millennials have emerged as the most active group of property investors in the country with new data showing they are also not afraid to go it alone to get onto the property ladder.
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INDUSTRY NEWS
The largest lollipop in the world hits the market
A property that sweet tooths will love has hit the market in regional Western Australia, boasting the largest lollypop in the world.
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INDUSTRY NEWS
Domain: The rental crisis could reach a turning point in 2024
Embattled renters could be in for some relief ahead with an expert predicting that the rental crisis could be reaching a turning point.
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Movers and Shakers
The finalists for Queensland’s People in Property Awards revealed
The finalists in the inaugural 2024 Queensland People in Property Awards have been announced as the industry recognises the outstanding work and achievements across the state.
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Movers and Shakers
Raine & Horne celebrates its first birthday in New Zealand
Raine & Horne has marked its first anniversary in New Zealand, as the group continues to expand its presence to 70 offices.
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INDUSTRY NEWS
Japanese investors targeting Australian commercial property
Japanese investors have been Japanese investors have actively sought out Australian commercial real estate, while Japan itself has also become a location for international capital flows.
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INDUSTRY NEWS
Ryan Reynolds and Ryan Serhant headline AREC24
Hollywood celebrity and entrepreneur Ryan Reynolds and high-profile US agent Ryan Serhant will be amongst some of the big names headlining this year's Australasian Real Estate Conference (AREC) on the Gold Coast.
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INDUSTRY NEWS
Vacancy rates rise, but no relief for renters
The national vacancy rate has seen a modest increase in March, but renters are still under extreme pressure according to new data.
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INDUSTRY NEWS
WA and QLD renters under extreme pressure
Life is not getting easier for renters with new data showing that tenants in Western Australia and Queensland are experiencing the worst rental conditions in the country.
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INDUSTRY NEWS
National rents remained relatively stable in March
Despite record-low vacancy rates across the country, rents remained relatively stable in March according to new data.
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Movers and Shakers
Christian Hamilton and Mitch Peereboom take the reins at Ray White Wilston
Alistair Macmillan has handed the reins of Ray White Wilston over to Christian Hamilton and Mitch Peereboom as the duo looks to build on the business’s solid foundations.
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