ACT Real Estate News
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BHGRE appoints new growth manager
With the continued growth of Better Homes and Gardens Real Estate offices and Aspire agents, the lifestyle real estate brand has announced the appointment of experienced real estate professional Melanie Spencer to its NSW/ACT growth team. Having worked in real estate her entire career, Ms Spencer has accumulated a diverse and deep knowledge of many facets of the industry, including…
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Canberra tenants given a break on break fees
Changes made to Canberra’s Residential Tenancies Act this week mean that residential tenants who have been financially impacted by the pandemic will not have to pay the usual ‘break fees’ for terminating a fixed-term lease. In addition, tenants across the territory can now give three weeks notice when breaking a fixed-term lease without needing to file an official application through…
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Blackshaw expands to the South Coast
Since taking the reigns at the Blackshaw Real Estate group in 2019, Andrew and Belinda Chamberlain, supported by their franchise principal team, have had a very clear vision for the company - a key element of which includes its continuing expansion. This week that vision has taken a significant further step, as the brand officially…
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Hannah Gill named an ACT Telstra Business Woman of the Year
The Managing Director of a Canberra property management business has been named as one of five Telstra Business Women of the Year in the Australian Capital Territory. Independent Property Management’s Hannah Gill won the medium and large business award this week and will go on to the National Awards in Sydney in May. Ms Gill is a highly regarded professional…
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The Agency kicks off in Canberra
Peter Micalos is set to take the driver’s seat at The Agency’s new Canberra chapter, which launched this week with a significant project pipeline. Canberra’s growth trajectory – recent CoreLogic data showing dwelling values increased by 2.3 per cent over December and 3.14 per cent in January 2020 – has been on The Agency’s radar since the company’s inception three…
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Stamp duty labelled ‘government addiction’ as industry calls for reform
Calls for changes to stamp duty are starting to grow stronger after New South Wales Treasurer Dominic Perrottet put the federal government on notice to act on tax reforms. In a recently released report, an independent panel appointed by the NSW Treasurer looked at how NSW and the Commonwealth could work together to build a stronger economy. One of the…
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New Real Estate Portal Zango Launches in Canberra
A new listing portal focused on the Canberra property market is getting set to launch in a bid to change the way locals view real estate. Zango has been developed in collaboration with a group of local real estate agents in Canberra, who were wanting to create a wholly-owned local platform. Zango will focus on…
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$5.85M Peter Blackshaw sale sets new Canberra auction record
A new Canberra real estate auction record has been set over the weekend, with Peter Blackshaw-listed, 30 Mugga Way, being sold under the hammer for an astonishing $5.85 million – after a strong, mixed-media, four-week marketing campaign. The campaign was spearheaded by leading Canberra real estate agents Mario Sanfrancesco, and Peter Blackshaw Managing Director, Andrew Chamberlain. The previous auction record…
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Canberra model the key to creating successful new cities
It often gets a bad rap, but Canberra could hold the secrets to planning for Australia's growing population and successfully decentralising our major cities, researchers say. Examining Australia's historical patterns of decentralisation over the last 100 years, researchers from RMIT, Monash and the University of Melbourne suggest the answer to creating successful new cities could…
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Rural agent invited to gala awards dinner in the capital
Award-winning Ray White Parkes agent Kim Watts was recently invited to the AgriFutures Rural Women’s Award Dinner at Parliament House in Canberra. Ms Watts said she met lots of people in the rural space at the awards, which were set up to acknowledge and support the essential role women play in rural industries, businesses and communities. The awards provide a…
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ACT Real Estate celebrates 25 years of awards for excellence
The ACT real estate sector celebrated its achievements for the past year with a Gala Dinner at the QT Hotel on Saturday night. A crowd of over 320 were present to acknowledge the outstanding performances of the industry’s elite. “In 1995 the Institute held its first Awards for Excellence and presented nine awards, this year we presented 30 awards,” REIACT…
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Support for kids with disabilities and financial disadvantage extended a further three years
Thanks to First National Real Estate, almost 200,000 disadvantaged kids across NSW and the ACT will continue to receive a fair go. Having already completed two years of sponsorship of Variety’s Postie Bike Dash, First National Real Estate has now committed to a further three years of sponsorship. The famous ride, which takes place throughout northern NSW using classic Australia…
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Post election stability reported around the country
Has the coalition victory created an increase in consumer confidence as it relates to the property market? Many groups are saying that stability is a good thing with signs already of greater optimism, clarity and certainty. Dexar Group Dexar Group Chief Experience Officer John Minns has welcomed the end of the election campaign and stability for the housing market in…
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Colliers International welcomes two new faces to the Canberra team
Colliers International has welcomed its newest agent Sisi Chen to its Canberra team while also welcoming back Michael Pearson and Nathan Burraston. “Over the past six months our team has grown by 50 per cent,” Colliers International Director Residential, Shane Radnell revealed. Late last year the office also recruited Tom Maloney. “The number of residential sales agents employed in our…
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Allhomes appoints Danielle Harmer to the role of GM
Canberra property website Allhomes has announced the appointment of Danielle Harmer as its new General Manager. Ms Harmer joined the company in 2016 as Head of Product and will now be charged with leading the Allhomes team and continuing to drive the business forward. Ms Harmer has previously held roles with IBM, The New York Times and Fairfax, and said…
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Office space demand – through the roof in the ACT
Demand for office space in the ACT was 109 per cent higher in the first quarter of 2019 compared to the same period last year, according to Colliers International’s latest Office Demand Index. “Nationally, the strongest growth in demand was for office space ranging from 1,000 to 2,999sqm an the ACT definitely was not immune to this trend, recording a…
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Residential appeal of Canberra extends to commercial market
The demand on Canberra’s office stocks continues to rise as the city’s attractions entice people and businesses to locate in the national capital. “Over the past few years, Canberra has topped a number of liveable city polls, including being named the best place in the world to live by the Organisation for Economic Co-operation and Development in 2014,” Colliers International…
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Independent rebrands to reflect a focus on the future
Independent has rebranded their businesses, dropping ‘Property Group’ from the brand name to reflect a drive towards innovation. According to Chief Experience Officer John Minns, the company’s new look represents the future. “This rebrand is about updating the look and feel of Independent to be in line with how we are as a company – innovative, friendly, relatable and approachable,”…
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Belle Property make a new home in Queanbeyan
Boutique agency Belle Property Kingston has opened its second office in the rural lifestyle suburb of Queanbeyan. The office will service the growing and thriving rural lifestyle market of the ACT’s fringe suburbs, including Queanbeyan, Googong, Jerrabomberra and Bungendore. According to co-principal of Belle Property Queanbeyan Dan McAlpine, the speed with which the Kingston business achieved growth in the ACT…
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Colliers International ACT to expand with a new office in the Civic Quarter
After recently taking out the 2019 Real Estate Institute of Australia Commercial Agency of the Year, Colliers International ACT has outgrown its current office space and will move into the A-Grade Civic Quarter (CQ) when it is completed later this year. “Our business has continually performed strongly year-on-year and this has allowed us to continue to welcome new members to…
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Independent Property Group to hold a free seminar for first-home buyers wanting to break into the Canberra market
Independent Property Group has announced the launch of a free seminar, sponsored by Westpac Bank, for first-home buyers looking to break into the housing market in Canberra. The event will feature Will Honey, Principal at Independent Property Group Tuggeranong, Aimee Bergan and Nicole Kerli from Westpac Bank, as keynote speakers on the evening. The expert panel will cover everything concerning finance…
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Colliers International appoints new Director Capital Markets and Investment Services
Following a long and successful career in Asia and the United States, Michael Montelibano is bringing his experience and skills to Australia and Colliers International’s Canberra office. “We are exceedingly pleased to have such as accomplished property professional joining our business,” Colliers International State Chief Executive Paul Powderly said. Mr Montelibano’s corporate history includes experience in mergers & acquisitions (M&A),…
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Harcourts Group Australia adds Director NSW/ACT Board
Harcourts Group Australia CEO Marcus Williams has announced the appointment of Mahan Shishineh as a director of the Harcourts New South Wales/Australia Capital Territory group as he takes a 10% equity stake in this business. Mr Shishineh currently serves as Franchise Development Manager for the NSW/ACT group, a role he has had since 2014, and will continue as Harcourts focuses…
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Dominic Aungles joins Colliers to bring value to commercial property sales
Qualified valuer and former professional athlete Dominic Aungles is turning his analytical mind and drive to a new challenge – commercial investment sales. “Having worked for three of Australia’s top four commercial property firms in roles across real estate management, valuations and consultancy, I have been widely exposed to all the opportunities that exist in this rewarding career,” Colliers International…
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Capital real estate stars join Ray White Canberra
Rent roll growth has been Maria Edwards’ passion for more than a decade. Ms Edwards has joined Ray White Canberra as Head of Growth, and was looking forward to plying her trade with Canberra’s fastest growing real estate agency. “I was particularly drawn to the culture of continuous improvement, and the support of the principals for my ambition. There is…
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Domain appoints new Director – Corporate and Enterprise
Domain Group (ASX: DHG) has today announced that Jon McConkey has been promoted to Director – Corporate and Enterprise. In his new role, Mr McConkey will be responsible for managing and consolidating relationships with corporate partners for Domain’s residential and enterprise divisions. He will also drive greater exposure to data-driven insights and Domain’s property cloud proposition, reporting to Tom Ainsworth,…
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Colliers International receives top honour at REIACT awards
Colliers International was named Commercial Agency of the Year at the Real Estate Institute of the ACT’s Awards of Excellence on Saturday night, and Director Rupert Cullen was recognised as Commercial Property Manager of the Year. “This is the second year Colliers International has taken home the title of Commercial Agency of the Year,” Colliers International Associate Director of Investment…
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Belle Property Commercial Launches in the ACT
In response to Australian Capital Territory’s strong development activity and emerging population growth, Belle Property Commercial has established Belle Property Retail Canberra. With a key focus on leasing and sales of mixed-use developments the office will be led by Director, Nathan Dunn, a highly respected identity in the ACT commercial property industry, and who has the backing of retail property…
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The Power of Connection: Rik Rushton’s new book available for purchase
We might live in a world that is more connected, switched on, plugged in and constant than ever before, but how do you combat the fact many people are clocking in and checking out? This is the question posed and answered by renowned real estate and business advisor Rik Rushton in his latest book: The Power of Connection – How to…
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Overcoming adversity and setting goals: Anna Thomas
If there’s someone who knows a thing or two about overcoming adversity, it’s Anna Thomas, COO of Stockdale & Leggo. Anna grew up at the MCG Pub in Melbourne and was kicked out of home at 19, but became the first woman in her family to get a uni degree (and now she has multiple qualifications). Her career has taken her…
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Westpac backs BRICKX
The Fintech company provides access to residential property by enabling Australians to buy “Bricks” in individual property trusts. The investment is a sign that banks are heading into a territory they have been wary of in the past. “The reason we are seeing the rapid rise of Fintech businesses is because they are creating products that are customer-centric and solving…
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Rent.com.au solves the cats versus dogs debate
New data from Rent.com.au has solved the age-old dog versus cat debate and it’s no surprise that man’s best friend is Australia’s most loved household pet. Rent.com.au’s Pet Resume feature has now exceeded 50,000 resumes, with around one-third of renters choosing to attach a profile for their furry friend to their Renter Resume. “The ability to move into a rental…
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James Baker and Adrian Venturi of McGrath Avalon on leadership and resilience
After studying architecture and structural engineering in Manchester, James practiced or a year before spending 15 years in recruitment, which included running the Asia Pacific rim for a business with a $50 million turnover. Real estate combined his passion of structure, architecture, sales and people, and he started his real estate experience during the GFC selling prestige property in Palm…
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Core Logic weekly wrap – remember the good times with the bad
During the up cycle of any property market, it’s natural that people will tend only to focus on when values rise. However, it’s important to remember the times values have fallen dramatically but recovered, bearing in mind it’s more common for combined capital city dwelling values to increase rather than fall. “Although value rises have been more common, it doesn’t…
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Idalia: Buyers Flock to Woden’s Newest Address
For the past six weeks apartments in Hindmarsh’s new Idalia development have sold at the rate of around three every week with a cross section of buyers – led by young professionals – vying to be a part of Woden’s transformation. Idalia is now over 70% sold, an impressive result that demonstrates not only the sophistication and quality of the…
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