NSW Real Estate News
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Home Loan Refinancing Now Fully Digital in Vic and NSW
If you, or your clients, are looking at refinancing in either of these two states, the applications must now be lodged online with the land registries. WA also has a mandatory deadline for refinancing which kicks in from December. According to PEXA, the platform which makes electronic land transfers possible, the deadline will enforce the capability to provide consumers with…
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Ray White’s newest office Berkeley Vale under the leadership of familiar faces
Ray White’s newest office in Berkeley Vale on the NSW Central Coast is under the leadership of two familiar faces. Principal Ian Boyle is a well-known award-winning local agent with large market share in the area. His partner Cathy Burnside is a relative newcomer to real estate but a familiar face from TV. “I have been on All Saints and some…
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Stone Real Estate opens first regional office in Wollongong
Stone Real Estate opens the doors of its Illawarra office today – the brand’s first office outside metropolitan Sydney. Wollongong agents Michael Schlegel and Paul Piacentin are at the helm of Stone’s 12th office after the company started three years ago. The pair brings over 30 years of local market experience to the new franchise, which will cover suburbs from…
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Laing + Simmons Port Macquarie wins office of the year at 50th Anniversary awards
This year marks 50 years for Laing+Simmons, who held their annual awards night on Saturday to celebrate the group’s achievements. Laing+Simmons Port Macquarie took the Office of the Year Award, while the North Sydney team was recognised with the Gold Award for Business Growth. Damian King of Port Macquarie took home the Doug Laing Memorial Award, named after one of…
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HEM Property is a finalist in Greater Port Macquarie Business Awards
HEM Property is a finalist in the New Business category of the 2017 Greater Port Macquarie Business Awards. The young business was started five months ago by three agents who wanted to make customers their focus. Naomi Hunter said she and her fellow directors David Evans and Kristian Murphy know the client comes first, given how deeply emotional and personal…
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Ex-Macquarie Bank director launches new hybrid real estate agency
Sello, a new hybrid real estate agency was launched by CEO and co-founder Macintosh, with David Murphy and Craig Hewett who are both founding investors. Macintosh held senior roles at Macquarie Bank overseeing real estate funds management, risk management, product development and project management. David Murphy runs his eponymous agency in Mosman. Tech entrepreneur Craig Hewett co-founded Wego.com, a leading…
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Flagship office of the Agency in Bondi Beach opens its doors
Designed by award-winning architects Redgen Mathieson, The Agency’s stunning new office holds prime position in the new Pacific Bondi Beach development overlooking the iconic Sydney Beach. The open, transparent, striking space has been designed to embody and foster the brand’s dynamic approach to real estate. CEO Matt Lahood says that he views the Bondi office as more than a workspace,…
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NSW tradies prices up 8% from last quarter
The renovation boom due to high house prices has left NSW tradies cashed up, with tradie prices in NSW up 8.4 per cent this quarter. Tradies are charging an average of $62.90 per hour, according to figures from ServiceSeeking.com.au’s Tradie Price Index. The last Tradie Price Index, released in May, showed a drop in the cost of hiring a tradie,…
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On the road to salvation: Andrew Cocks
If you’ve travelled Sydney’s M4 in the past few weeks you’ll have noticed what a difference an extra lane can make; faster on and off ramps and a freer flow of traffic all equating to less time on the road and more time at work and home. The official opening of the revamped M4 on the weekend attracted predictable opposition…
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Di Jones agent Emma Brown-Garrett wins Novice Auctioneers Competition
Auctions are often described as the real estate industry’s ‘piece of theatre’, and a background in acting has helped novice auctioneer Emma Brown-Garrett secure a place in the State Final of the REINSW Novice Auctioneers Competition. Ms Brown-Garrett, a sales agent based at the Woollahra office of Di Jones Real Estate, won the 10th and final heat of the Novice Auctioneers…
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Time to move forward or be left behind: REINSW
The REINSW held its first ever Property Industry Think-Tank on professionalism to discuss education and the future of the industry. The think-tank, held at Parliament House in Sydney, invited 60 thought leaders and high-performing real estate agents to explore what the industry needs to do to become a true profession. REINSW President John Cunningham spoke to the aspiration to have…
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Paul Franks joins Ray White Warriewood
Ray White has added another office in NSW in the Northern Beaches suburb of Warriewood, under the helm of experienced property valuer Paul Franks. The office is due to open its doors later this month and is centrally located on Pittwater Rd, with an exposure of 40,000 residents driving past daily. Mr Franks will be supported by three other staff…
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Unique business model attracts experienced franchise manager Luke Cameron
20 offices within three years for a new brand might sound ambitious, but for Stone Real Estate franchise manager Luke Cameron, this is the reality for the young brand. The unique Stone Real Estate business model is what Mr Cameron credits for its rapid growth and success. The business, started by CEO Peter Mumford, is based on a centralised database…
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Shire agents unite against domestic violence
Real estate agents are in the business of selling the dream of a happy home. But, for some families, home is not a happy or safe place. The demand for support services in domestic violence cases has prompted business owners in the Sutherland Shire to join together and commit to the fight. One of these businesses has been Highland Property…
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Changing of the guard at Ray White Killcare
Lea Turner lives and breathes real estate. She counts herself as lucky that she gets to work in real estate in the stunning Killcare Peninsula on the Central Coast, just an hour and a half from the Sydney CBD. As the incoming selling principal and owner of Ray White Killcare Peninsula, Ms Turner has been in real estate for the…
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Property Council welcomes deferring FESL
The Property Council of Australia welcomes the Premier’s announcement today that the Government will defer the introduction of the Fire and Emergency Services Levy (FESL). “The Property Council has had serious concerns about the FESL model with some commercial, inner city and industrial property owners reporting bill rises of nearly 600 per cent,” Property Council of Australia NSW Deputy Executive…
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New Ray White powerhouse in the Sutherland Shire
Five of the most successful real estate agents in the Sutherland Shire have joined forces to open the new Ray White Cronulla office. Matt Debreczeni and Gavin Ottaway, the owners of the Ray White Menai and Sutherland businesses, have teamed up with Matt Johnston, Jill Yankos and Charlie Yankos to open the Cronulla business, creating a real estate powerhouse across…
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Pressure being felt across Sydney rental market, REINSW
Residential vacancy rates across Sydney are showing no signs of relief, according to the Real Estate Institute of New South Wales. REINSW President John Cunningham said the April 2017 REINSW Vacancy Rate Survey saw the Sydney metropolitan area remain steady at 1.7 per cent, despite a decline of 0.2 per cent at 1.2 per cent in Middle Sydney. “A vacancy…
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Luxury agent Chantal Hooper joins Di Jones
Di Jones Real Estate has appointed Chantal Hooper to join its Eastern Suburb’s team. Di Jones Real Estate CEO Rob Ward said Chantal’s international experience, network and ability to work across cultures sees her as a valuable addition to the team. “With a wealth of experience servicing prestige clients in Sydney, we’re delighted to have Chantal joining us at Di…
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Starr Partners continues rapid growth with new Miller office
Australian boutique group, Starr Partners, have further extended their presence in Sydney’s South West with the opening of a new office in Miller. The move comes as recent CoreLogic Property Research revealed median house prices in the Liverpool region have increased by 9.6 per cent per annum in the 20 years to Dec 2016, making it one of the top…
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Crown Group Reveals Australia’s Tallest Manmade Waterfall
Crown Group, the award-winning developer of distinctive residential and mixed-use properties across Sydney, today announced the highly-anticipated details of Waterfall by Crown Group, an iconic, grand-scale project in Sydney’s burgeoning Green Square precinct featuring Australia’s largest man-made waterfall. Eye-catching images and animation of the waterfall were revealed at an event held in Sydney today. “This development is something entirely unique…
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A sale a day in April for $99.87M
Powerhouse agency Ray White Double Bay just sold 30 properties for $99.87 million in April and the outlook is even brighter for the blue chip agency with increases in stock and prices. Craig Pontey, director of Ray White Double Bay, was incredibly proud of his team to sell “the equivalent of a property a day in April, it’s quite an…
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Inner Sydney Agency Chalks Up 40-year Milestone
Sydney property figure Warwick Williams is preparing to celebrate the 40th anniversary of the Drummoyne real estate business he founded in 1977. The agency has grown from a humble four-person operation with a modest rent roll to become one of the largest independent real estate operations in Sydney’s vibrant inner west. Today, Warwick Williams Real Estate is Drummoyne’s leading agency…
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Highland Property Agents gives back to the community
Highland Property Agents is celebrating their tenth birthday this year and attribute their success to their community spirit and innovative approach to the industry. Speaking exclusively to Elite Agent, CEO David Highland said, “we have outworked our competition and new ways to be innovative”. Focused on creating a positive atmosphere for staff and promoting an environment everyone can perform to…
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Vacancy rates tighten in Sydney while Airbnb has a win
Residential vacancy rates have fallen across the Sydney market led by solid falls in availability in Middle Sydney, according to the Real Estate Institute of New South Wales. REINSW President John Cunningham said the March 2017 REINSW Vacancy Rate Survey saw the Sydney metropolitan market down 0.2 per cent at 1.7 per cent. “Middle Sydney led the fall in rental…
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Cobden & Hayson expands to six offices in Sydney
Boutique agency Cobden & Hayson is strategically growing through Sydney’s inner urban fringe with the launch of their fifth and sixth offices in the popular Marrickville and Surry Hills areas. The Marrickville office has just opened as a full-service real estate agency with both residential and commercial and industrial sales and property management departments. The creative force behind the inception…
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Heath Dockary team joins Di Jones
The strategic expansion at Di Jones Real Estate continues with the Northern Suburbs team growing through the appointment of high-profile agent Heath Dockary and his support team. Dockary has been recognised in the top 25 agents across the McGrath network for several years and in the top five percent of all agents in NSW. Di Jones Real Estate CEO Rob…
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RE/MAX Australia Seeks Buyers from China with New Juwai.com Partnership
RE/MAX Australia and RE/MAX New Zealand have announced a new partnership agreement with Chinese portal Juwai.com for full Chinese translation of listings. Whilst RE/MAX listings will continue to be bulk uploaded to Juwai.com in English, the new partnership provides RE/MAX agents and their vendors the option to upgrade individual listings with full Chinese translation and a superior listing rank for…
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Aussie startup just became your ideal housemate
House sitting just got a makeover with My Home Watch (MHW), a GPS tracked, live streamed, paid-for service that helps homeowners do a range of things pertaining to their housing needs while away from the property. From putting the bins out and looking after pets and plants to taking the mail and papers in and checking for pest infestations, MHW…
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Axing Of 457 won’t impact vacancy rates, say REINSW
The axing of the 457 visa schemes will only have some bearing on the rental markets in several parts of Sydney such as the iconic Bondi beach and upmarket suburbs like Manly, the Real Estate Institute of New South Wales (REINSW) said. REINSW president John Cunningham said there would be some areas in Australia where the banning of the 457…
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First National Expands Footprint
Cooperative brand First National Real Estate has expanded its network of offices nationally, opening 35 new locations in the past 12 months. Much of the growth, they say, is centred in New South Wales, Victoria, Tasmania and Queensland. Chief Executive, Ray Ellis, attributes the rapid increase to First National’s operating model and its membership’s supportive culture. “First National Real Estate’s…
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Airbnb War Needs Government To Legislate A Truce Says Industry Expert
The war between Airbnb and apartment owners is only going to get worse unless the government takes decisive action to regulate the short-term letting industry, said strata industry expert Paul Morton. The New South Wales government is due to give its response to the report of the Parliamentary inquiry into Airbnb next week and Morton, the managing director of Lannock…
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New Home Approvals Hits A Six-Month High: HIA
New building approvals for February has hit a six-month high the Housing Industry Association (HIA) said in a statement on Monday. HIA senior economist Shane Garrett said new dwelling approvals for February reached its highest level since August of last year, according to figures released by the Australian Bureau of Statistics. In seasonally-adjusted terms, total new dwelling approvals increased by…
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R&W Opens New Illawarra Office
The Richardson & Wrench group has opened a new office in the fast-growing Illawarra region which will start trading on Monday. Known as R&W Dapto, the new office marks the return of the franchise to the Illawarra region after an absence of many years. R&W Managing director Andrew Cocks said the combination of Sydney’s growing population and housing affordability pressures…
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Liverpool real estate agency merges with Starr Partners
In a statement made by the company on Monday, Liverpool-based Metro Professionals, following a recent rebranding, will now be known as Starr Partners Liverpool. Company director Gavin Belci said the name change comes after it had merged with Starr Partners earlier in the year to future-proof its business further which has been operational for the last 20 years. “Joining Starr…
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