SA Real Estate News
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Semaphore agent maintains standing as one of South Australia’s best real estate agents
Ms Smith scored gold in the competitive Local Auction Salesperson Western/Beachside category and a bronze in the South Australian Salesperson Residential category. “The bronze in the South Australian Salesperson Residential classification is particularly pleasing considering the average sales price for a house in Semaphore is $455,970, and I am competing against agents operating in the pricier city and eastern suburbs markets,” said Ms Smith. The successful local agent was…
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Harcourts South Australia launch interactive ‘Cubby House Project’ to help homeless youth
The Cubby House Project gives people the opportunity to purchase one-of-a-kind cubby houses for their family and give back to their community at the same time. Four cubby houses have been hand-built by the Salvation Army’s Men’s Shed, and will be auctioned off at the Harcourts South Australia Quarterly Awards event on Thursday 19 October at the Adelaide Convention Centre.…
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South Australia celebrates high achievers at REISA Awards
REISA CEO, Greg Troughton, said the Awards are the pinnacle of real estate achievement in South Australia and highlight the passion and dedication that the real estate profession shows to its clients and consumers. “These are the most prestigious and recognised awards for real estate professionals in South Australia. We undertake a rigorous nomination, qualifying and judging process to ensure…
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Maxcon to build Adelaide’s tallest building
Realm Adelaide developers, Parallel Property have announced that Maxcon is the successful builder who will be responsible for bringing Adelaide’s tallest tower, the $200m 40 story Realm Adelaide building to life. Set to change the Adelaide skyline forever, construction on Adelaide’s most exciting residential building project will start next month and the building will be completed by early 2020. Marcello…
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BRICKX Arrives in Adelaide with Bricks from $74
CEO Anthony Millet is pleased to offer investors continuing diversity and an alternative to the Sydney and Melbourne property markets. “We are thrilled to be expanding into Adelaide; our third capital city since launching in September 2016 and our 14th property,” Mr Millet said. BRICKX properties are each put into an individual trust and split into 10,000 units or “Bricks”.…
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REISA market update second quarter 2017
Following the release of the Valuer-General’s median house price data for the 2017 July quarter, REISA CEO Mr Greg Troughton said that sales were up across the entire State with metropolitan Adelaide recording a solid 6.9 per cent increase in sales over the last three months. “It is fantastic that sales have soared in the June quarter and this just…
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New Digs for Harris Real Estate
Exciting news for the team at Harris Real Estate in South Australia as they unveil a new office in Kent Town. The new permanent home for their growing operations has seen the complete refurbishment of a two storeys commercial building creating a bespoke environment for the Harris brand to live. The design of the project was led by Jen Harris,…
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Raine and Horne: Baby boomer demand for apartments could change Adelaide real estate
Baby boomer demand for apartments could change the face of Adelaide real estate, according to Raine & Horne. South Australians’ preference for detached housing is reflected in recent research showing the capital city values have grown consistently since June 2016, with detached housing values increased by 3.1% compared to a modest 0.3% for apartments, according to CoreLogic. However, baby boomers…
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Three In A Row for Bronte Manuel
REISA’s third Auctioneering Championships concluded last Thursday with a Gala Presentation Dinner at the Stamford Grand in Glenelg. Toop & Toop’s Bronte Manuel was the winner for 2017 – a perfect hat-trick – and will represent South Australia at the Australasian Auctioneering Championships in Adelaide in September. Independent auctioneer, AJ Colman, finished in second place and will also represent South…
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Ouwens Casserly ‘orange stars’ shine bright in sales and customer service
Girl power seemed to be the name of the game in the Ouwens Casserly Real Estate EOFY Awards held recently, with Cynthia Sajkunovic taking out the coveted number one agent spot. Director Alexander Ouwens said the awards reflect the customer-service focus of Ouwens Casserly rather than focusing simply on numbers and dollar figures. “As directors, the awards we hold most…
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Turner Real Estate Appoints Two New Leaders
One of South Australia’s largest independent and family-owned agencies, Turner Real Estate, has added to its leadership team with new appointments for Lachlan Turner and Emma Slape earlier in the month. Lachlan Turner, now Managing Director, will take over from his father Robin Turner, who in addition to running this business is also a long time serving president of the Real Estate…
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Taking on the Tribunal and Winning
Kevin Hodges, Director of Kevin Hodges Real Estate in South Australia challenged the ‘unfairness’ of the SACAT in relation to the landlord’s duty to mitigate the loss of a tenant in relation to a break lease scenario and came out on top. There is a requirement in most cases, that in the event of a tenant breaking their lease, that…
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REISA wants stamp duty abolished to stop the state’s brightest from moving to the Eastern states
The Real Estate Institute of South Australia (REISA) wants its state government to replicate the move taken by the Victorian authorities in abolishing stamp duty for first homebuyers as it strongly believes the step would stem the outflow a huge brain drain from moving interstate. “The state government is always seeking ways of making South Australia more attractive to our brightest…
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South Australia’s housing market records healthy increase in sales
South Australia’s housing market has recorded a healthy increase in the volume of sales for the last quarter of 2016 which offers a dose of optimism for the market in the coming months. Real Estate Institute of South Australia (REISA) president, Alex Ouwens, said that the latest figures showed a stable median price of $440,000 – the same result as…
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Raine & Horne reacquires its South Australian operation from long-time franchisees
In a bid to strengthen its presence in South Australia, Raine & Horne had reacquired its real estate business from long-term franchise holders, Chris and Sue Weston for an undisclosed sum late last year. The husband and wife team who has been operating the group’s franchise since 1996 is the latest business to be reacquired by Raine & Horne after…
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It’s not just the Titling system SA is first at…
The Real Estate Institute of South Australia (REISA) embarked on an aggressive adoption of electronic documentation many years ago which is paying off in dividends now. Three years ago the REISA stopped printing or selling its documentation in hard copy and is now leading the way with its adoption of the REI Forms Live platform’s Docusign process. REI Forms Live platform – that…
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South Australia Looks to Change Property Management Licensing Laws
In a move endorsed by The Real Estate Institute of South Australia (REISA), the State Government has announced proposed changes to legislation including the introduction of a Code of Conduct for the real estate industry and the licensing of residential property managers in South Australia. REISA CEO Greg Troughton said “We have lobbied the Government extremely hard for many years…
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Raine & Horne back in Glenelg with experienced real estate team
After a short interlude, Raine & Horne is open again in Glenelg, one of South Australia’s strongest real estate markets. Raine & Horne Glenelg will be led by highly experienced property professionals Graeme Sherwell and Christine Pinkus. “Graeme and Christine, who have had many years of real estate experience, are the prefect recruits to our network. They will enable us…
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Woods Bagot’s Design of Uniting Communities’ Redevelopment Breaks the Mould
Uniting Communities’ redevelopment on Franklin Street in Adelaide is a radically mixed -use building which aims to provide a range of services from retirement living, disability respite and specialist disability accommodation, retail tenancies, a community services hub, convention and meeting space and workplace. Designed by Woods Bagot the redevelopment, which recently received DA approval, will generate a ‘one-stop’ shop experience for…
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Changing of the Guard at Mclaren Vale’s Famous Conte Vineyard
Local wine producer acquires well known family vineyard Well known South Australian winemakers, the Conte family, have sold one of their long-standing vineyards in the famous McLaren Vale wine region. Colliers International’s Nick Goode and Nick Dean facilitated the sale of the Conte family’s McLaren Vale property, totalling approximately 53ha, to local wine producer Dowie Doole. “The property has been…
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REISA announces winner of 2016 Auctioneering Championships
REISA’s second Auctioneering Championships concluded on the eve of Thursday, July 21st with a Gala Presentation Dinner at the Stamford Grand Glenelg. Toop & Toop’s Bronte Manuel took out first place – for the second year in a row – and will represent REISA at the Australasian Auctioneering Championships in Alice Springs. LJ Hooker’s Michael Fenn finished in second place and will also…
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