NSW Real Estate News
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Work-life balance is the key to an agency’s success
Great staff members are hard to find, and with a growing team over multiple offices Roy Amery knows the value of dedicated personnel.
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6 metre wide Darling Point home sells for $15.5M in just nine days
Sydney’s skinniest harbourfront home, previously owned by the late Lady Susan Renouf, has sold for $15.5 million, snapped up by a Melbourne couple before its February 12 auction date. At just six metres wide, the Darling Point residence was only listed for sale on December 3, according to realestate.com.au. CoreLogic records show the last time the property sold, in June…
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Report tips Sydney’s top performers for 2022
Rydalmere is tipped to be among Sydney’s best performers in 2022, according to a recent report which has crunched the numbers and looked at growth indicators for more than 600 Sydney suburbs. According to the Shore Financial State of Sydney Report, the suburb, which is next to Parramatta in Sydney’s west, could enjoy price growth of 17.4 per cent in…
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Sydney apartments set to make a comeback
Sydney apartments are set to be back in favour come the new year, according to Sydney agent Adrian Wilson.
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The Australian city second in the world for prime price growth
Sydney’s prime prices are expected to rise by 9 per cent next year, according to new data, making it the second highest city for prime price growth in 2022.
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More than half of first home buyers are going solo
First home buyers in New South Wales are seeking a home not an investment, with more than half going it alone, according to new data. The latest InfoTrack Property Market Update revealed in the year to October’s end, 84 per cent of NSW first home buyers purchased either a house (47 per cent) or a strata property (37 per cent)…
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Return of international students welcome news for investors
The impending return of international students will be welcome news to Sydney investors, particularly those with apartments near the city’s universities. With most Sydney residents now vaccinated against COVID-19, the NSW Government has announced hundreds of international students will be permitted to return from as early as December, with tens of thousands to follow in 2022. Century 21 Eastern Beaches…
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What agents need to tell potential buyers about house flipping
A real estate agent’s reputation is their lifeblood, so it’s critical they give the right advice when it comes to flipping houses.
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Vacancy rates fall across most of NSW, except Inner-City Sydney
Vacancy rates across Sydney and much of New South Wales have dropped this month, while the Inner Ring bucked the trend, experiencing its highest vacancy rate rise since June.
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Sydney’s next $2 million median suburbs revealed
With house prices rising across Sydney at more than 20% per year and with the median house price of around $1 million, the next barrier for many suburbs will be the $2 million mark.
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John Minns appointed as first NSW Property Services Commissioner
Former Independent Property Group Managing Director John Minns has been appointed as the first Property Services Commissioner for NSW, in a move to support the $100 billion industry and its consumers.
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New REINSW president Peter Matthews takes the reins
Peter Matthews, Founder & CEO of Realtair, today begins a two-year tenure as President of the Real Estate Institute of NSW (REINSW). Mr Matthews takes the reins from Leanne Pilkington, CEO and co-owner of the Laing+Simmons network, who remains on the REINSW Board.
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Sydney house prices to reach new heights in 2022
House prices are expected to surge as domestic borders open and international travel resumes, according to experts surveyed by financial comparison site, Finder.
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Bayside’s top agents launch new brand
Luke Humphrys and David Pearce have established themselves as the Bayside’s top agents, because of the different approach they bring to real estate and their creativity when marketing properties.
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NSW property market the strongest in 40 years
REINSW, CEO Tim Gibbons, believes the strength in the current market is ‘like nothing he’s seen before,’ as house prices across the state continue to surge upward.
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Hotel investment surging in regional NSW
It’s been a tough 18 months for the hospitality industry, but with lockdowns set to continue to ease, the outlook once again looks bright especially for regional hotels.
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Sydney property prices not in bubble territory
Record-low interest rates have fuelled rapid house price growth around Australia, however, Sydney is not in a housing bubble just yet.
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Historic Berrima Gaol hits the market
An iconic Australian gaol where the nation’s first serial killer was hanged has hit the market, with international interest expected in the historic site. Set on 1.9ha, the Berrima Correctional Centre was used as a gaol for almost 200 years and is made up of 60 prison cells and a watch tower. Constructed between 1835 and 1839, Berrima Gaol, as…
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A trusted teammate returns to the nest
Surrounded by virtual sales and million-dollar medians, Mr Rosati is embarking on a fresh new opportunity under the Richardson & Wrench brand - right where he began his real estate career in 1980.
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Record demand for regional NSW property continues
Record real estate activity in many areas of regional NSW, has local agents thinking that there could be more strong house price growth ahead.
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Caring sees Cathy Baker capture top real estate awards
Cathy Baker has taken out two prestigious accolades at the Real Estate Institute of NSW Awards for Excellence,
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North Shore native Nick Separovich joins The Agency
The Agency has further cemented its position in Sydney’s prestigious North Shore with the addition of highly experienced and skilled agent Nick Separovich to the team.
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REINSW answers the big questions on real estate’s roadmap to reopening
The Real Estate Institute of NSW (REINSW) has sought to clarify some of the confusion as the industry returns to work after prolonged lockdowns.
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The @realty network grows with first agents in Tamworth
The growing @realty real estate network is taking on a country music flavour with its first recruits in the booming NSW town of Tamworth. Stuart Watts and Dee Plowman have joined @realty, establishing an office on the main street of the town, famous for its country music festival. Mr Watts said he left a real estate, state manager real estate…
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The top Sydney and Melbourne suburbs with potential for unit oversupply
Schofields, Gosford and Rouse Hill are among the top Sydney and NSW suburbs most at risk of unit oversupply and potentially poor metrics for landlords, new research has revealed.
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Hard work and dedication the key to Kayla’s success
Kayla Welsh joined the real estate industry just four days after finishing high school, and the Richardson & Wrench Rooty Hill sales executive hasn’t looked back since.
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Media maven Stacey Leonie returns to real estate
They say if you do what you love, you’ll never work a day in your life. Stacey Leonie has embraced this philosophy and merged her two professional passions - real estate and communications.
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18 – 29 year olds account for more than one-third of all first home buyers
Millennials and Generation-Z hold a significant proportion of the first home buyer market, despite rising property prices.
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From flipping burgers to selling houses: The secret recipe to Adrian Borg’s success
Richardson & Wrench Rooty Hill sales executive Adrian Borg explains how McDonalds helped him develop customer service and hit KPIs.
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Knight Frank appoints Paul Roberts as Head of New South Wales
Knight Frank has announced a new leader for its New South Wales (NSW) business, with an optimistic outlook moving forward for the state.
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Auctioneer Stu Benson raised $10,000 to thank frontline workers in Sydney
A few days ago, Benson Auctions director Stu Benson started a homegrown initiative to raise funds to buy frontline workers coffees, sharing it with his local community Facebook group Dads of the Hills. Since then, they've raised $10,000 so far and plan on expanding the initiative to other hospitals in the region.
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Sydney vacancy rates plummet to the lowest level in more than three years
Vacancy rates in Sydney have dropped down to 2.6 per cent, hitting the lowest level since 2018.
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Top luxury sales across New South Wales
We’ve collated a stunning list of some of the most luxurious homes that have sold in NSW over the past 12 months.
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Housing affordability advocates condemn Liberal MP Jason Falinski’s ‘prejudiced’ objections to social housing reform
A coalition of housing affordability advocates have rejected the "prejudiced" comments made by Jason Falinski, MP for Mackellar
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How first home buyers can get the upper hand as investors return to the market
As investors re-enter the market, one expert believes there could be a silver-lining for first home buyers.
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