NSW Real Estate News
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Investors sell, rent bidding ban backfires, property managers leave as rental crisis rolls on
The overwhelming majority of investors are not wealthy property magnates flush with money, but cash-strapped mums and dads who are leaving the residential market because it’s just too hard, a leading property manager says.
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The Sydney suburbs bucking the trend with double-digit growth
Despite property prices declining across Sydney over the past 12 months, a number of suburbs have seen double-digit capital growth with values potentially “bottoming out”.
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How three mates started their own agency and simplified their lives
I’m sure you’ve heard the story that being the principal of a real estate agency can be hell.
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Entry Education expands and sets a new pace in NSW
Australia's largest real estate academy, Entry Education, is expanding its operations in NSW.
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Fair Trading to start attending OFIs from late March
NSW Fair Trading representatives will begin attending rental inspections from late March to ensure compliance with new rent bidding laws, the government has confirmed.
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Top Sydney agents step up with new agency
The Northern Beaches of Sydney beware… Chris Aldren and Tulo Sila have joined forces to launch The North Agency, in partnership with UrbanX, and are set to seriously step up the real estate game.
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Elders opens six new locations with Emms Mooney Acquisition
Elders will significantly expand their NSW footprint, announcing the acquisition of the Emms Mooney real estate and livestock business from 1 March 2023.
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Learn what happened when this agent left a team to build his own agency
When Cham Godakanda decided it was his time to shine, one of his big concerns was how his decision would be perceived by his team.
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100 days in: Craig Pontey shares highlights from time at McGrath Double Bay
We've been closely watching leaders' first 100 days since the times of President Roosevelt, and the two co-principals of McGrath Double Bay are no exception.
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REINSW launches Rent Crisis Action campaign
The Real Estate Institute of NSW (REINSW) has launched a campaign to address the housing crisis affecting tenants and property owners in Australia.
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How city real estate prices affect country areas
A new study has revealed the link between house prices in the coastal regions of NSW and Greater Sydney, shedding light on the factors that drive house price movements in those areas.
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Elders Lifestyle Group expands again in regional NSW
Renowned Northern Rivers and Mid North Coast agency Elders Lifestyle Group, continues to expand its footprint on the Northern NSW Coast after acquiring a stake in existing office, Elders Grafton, and the upcoming purchase of another agency that will be announced on March 1.
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Cameron Nicholls on why your brand needs to grow with you
It wasn't until he was in the middle of acquiring another agency, and looking at his own brand from the "outside in", that Cameron Nicholls realised it was time for a change.
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The best for Bathurst: Jim Connors launches independent agency with UrbanX
Jim Connors loves real estate. He loves the people he meets and the relationships he makes. His clients love it too and it’s his commitment to achieving the best for Bathurst that has led him to start his own independent agency, Connors & Co.
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Mathew and Brooke Iuliano Partner with UrbanX
Committed to staying ahead of the industry, Mathew and Brooke Iuliano are leveraging the support of UrbanX, launching the progressive agency, Mavis.
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Agents report strong buyer numbers
There might be a lot of talk about the property market downturn but Sydney and Melbourne agents have noted buyers are flocking to properties and this is translating to sales.
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Stephens Estate Agents launches in the Gold Coast-Tweed region
Ben Stephens is no stranger to running a real estate business. As a second-generation agent, he knows only too well what’s involved in building a successful agency.
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‘Still undervalued’: The Agency recruit Rebecca Fearon says Balmain market has plenty left in the tank
The Agency has announced the appointment of Rebecca Fearon as a Property Partner, based in Balmain, with Ms Fearon saying the prestige market still has strong growth potential.
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Top lifestyle real estate specialist joins RE/MAX
A desire to deliver great outcomes for sellers and buyers of rural and lifestyle properties has led NSW Central Coast agent Tim Jarvis to join the RE/MAX Pamilya Properties team.
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Gnome sweet Gnome: Josh Horner launches The Horner Agency with UrbanX
Former Dancing With The Stars host turned real estate agent, Josh Horner, has propelled himself further into the spotlight, launching his alternative high-energy real estate business, The Horner Agency.
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Glenn Curran on joining The Agency and what’s in store for Sydney’s market in 2023
The Agency has extended its reach in Sydney's Upper North Shore market with the appointment of Glenn Curran as a Property Partner, with Mr Curran predicting a strong year of sales on the back of a resurgence in overseas buyers.
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Australia’s rich-listers buy and sell over Christmas
Australia's mega-rich have been buying and listing lavish properties during the Christmas-New Year period, with Atlassian Co-founder Scott Farquhar paying a whopping $130 million for the Point Piper trophy home ‘Uig Lodge’.
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When should NSW first-home buyers consider stamp duty over property tax?
It would take more than a decade for first-home buyers in NSW to be better off opting for stamp duty over the state's new property tax, though the scheme does risk inflating prices for properties under $1.5 million, Domain's Chief of Research and Economics says.
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NSW Labor to shake up pets in rentals and stamp duty if elected
NSW Labor has hit the campaign trail hard, promising to extend first-home buyer stamp duty exemptions and make renting with pets easier if elected in March.
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Some of the NSW property sales that wowed us in 2022
There's no doubt Sydney has some of the most luxurious homes in the world and some of the top sales this year didn't disappoint. Let's take a look!
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Combating Taree’s rental crisis with transitional housing
The rental crisis across Australia is reaching extreme levels, with some of the biggest shortages occurring in regional areas forcing vulnerable people into incredibly challenging situations.
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NSW state government bans rental bidding
The controversial practice of rental auctions is set to be banned in NSW from this Saturday.
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REINSW calls on NSW Government to stop the rental crisis blame game
The Real Estate Institute of NSW has hit out at the State Government’s implication that property managers and landlords are to blame for the state’s rental crisis, following news this week that the practice of ‘rent bidding’ was being investigated.
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Cunninghams expands on the Northern Beaches
Cunninghams Northern Beaches has continued its expansion after merging with the former LJ Hooker Collaroy team.
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Auction volumes drop across Sydney in November but sentiment starting to change
Sydney auction volumes have halved compared to this time last year as uncertain vendors have moved across to private treaty sales according to an expert.
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Vendors slash asking prices as selling conditions get tougher
Some vendors across Sydney are cutting their asking prices by as much as $800,000 as the market continues to shift.
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AFL star Lance ‘Buddy’ Franklin lists luxury Rose Bay home
Sydney Swans forward Lance Franklin and his wife Jesinta are selling their luxury Rose Bay home with a price guide of $5 – 5.5 million.
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Flood toolkit to help NSW real estate industry
The Real Estate Institute of NSW (REINSW) has updated its Disaster and Flood Relief Toolkit to help agencies and property managers better support their landlords and tenants, as well as take care of themselves.
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Next property boom could begin in mid-2023
The next property boom could start as soon as mid-2023 according to experts. Ayre Real Estate’s Directors Adrian Wilson and Craig Donohue have predicted that buyers should look to get into the market now ahead of a market turnaround when interest rates begin to fall. The Sydney city prestige apartment specialists said during the next boom apartments will likely outpace…
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Introducing JET Real Estate Byron Bay
Jason Dittmar, Elizabeth Hickey and Tania Sheppard are JET - the newest agency to hit the Byron Shire and Tweed Valley.
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