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John McGrath – EOFY market wrap & what’s in store for FY24
According to John McGrath, Chief Executive Officer of McGrath Estate Agents, the market correction we experienced during FY23 was both short and sharp, with Australian home values returning to growth much earlier than expected.
Barry Plant expands to Yarra Glen tourist hot spot
Award-winning local girl Sarah Savio heads up newest Barry Plant office in the booming tourist and wine region of Yarra Glen in Victoria is a logical business move for the owners of the nearby Barry Plant Croydon. Sarah Savio, as the Yarra Glen branch manager, is the natural choice for the role, according to co-owners Matt Jinks and James Brougham of Barry Plant Croydon.
Wave of investors selling - up to 30% of the market says Ray White Group
The combination of investors coming to market and strong demand from home buyers created the perfect storm for activity at Ray White auctions today. Australasia’s largest real estate group scheduled 316 auctions on Saturday, recording a preliminary auction day clearance rate of 78.9 per cent, an average of 4.2 registered bidders and 3.0 active bidders at its auctions this weekend.
Coronis Group opens another Franchise in the Bayside led by Katie Daunt
Under the visionary leadership of CEO Karuna Mazzocchi, Coronis is making bold strides in the real estate industry by unveiling a strategic expansion plan through the establishment of new franchises across the nation.
Green shoots emerge in Queensland’s rental vacancy rates
The Real Estate Institute of Queensland (REIQ) says consecutive lifts in the state’s quarterly residential vacancy rate is a promising sign that rental conditions are improving.
Redlands' largest rental business emerges but with touch of nostalgia
In a major milestone, First National Real Estate Cleveland has confirmed its status as the largest rental business in Redlands with an attached sales arm under one banner, following its latest and largest acquisition to date.
High ambitions built on impeccable service: How this agent plans to dominate his market
Creating amazing customer experiences has been at the centre of Gary Singh’s real estate success. And in partnership with UrbanX, his name is now at the centre of his future with the launch of GS Property Group.
Proptech Association announces 2023 Proptech Awards Winners
At a gala dinner in Sydney on Wednesday evening, Proptech Association Australia announced the winners of the third annual Proptech Awards.
Cash rate continues to impede housing supply - HIA
“Sales of new homes across Australia fell by 4.8 per cent in June, to remain at rock bottom levels. This poor result in June leaves sales in the 2022/23 financial year down by 33.2 per cent compared to the previous year,” stated HIA Chief Economist Tim Reardon.
Unseasonal uptick in auction volumes continues - CoreLogic
According to Duane Kaak, Research Analyst, CoreLogic Australia, the number of scheduled auctions across the combined capital cities is expected to record a further lift this week, up 16.7% week-on-week and bucking the seasonal trend.
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