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REIV issues reminder to members on rental price advertising and the rent review process
The Real Estate Institute of Victoria (REIV) has written to its membership with a reminder on the legislative process when advertising residential rental prices and delivering rent increases, said Jacob Caine, REIV President.
Auction market off to a strong start after 2023’s ‘year of two halves’
CoreLogic tracked 1,671 auctions last week, the second busiest start to the auction season on record. The preliminary clearance rate came in at 73.9%, which was the highest since the week ending August 20 last year and a clear jump on the end of 2023 which saw final clearance rates end sub-60%. Melbourne (71.9%), Sydney (76.3%), Adelaide (77.6%) and Canberra (80.0%) all recorded a preliminary clearance rate above 70%, with Brisbane not far off at 68.5%.
John McGrath – First home buyers are in the market despite peak interest rates
The latest lending figures from the Australian Bureau of Statistics show the number of loans written for first home buyers rose by 20.3% in seasonally adjusted terms over the 12 months to November 2023. A total of 10,395 first home loans were written that month, worth $5.25 billion.
The Agency’s Harriet Saunders Head of Agent Recruitment and Growth as high performance agents a priority for 2024
Leading real estate recruitment professional Harriet Saunders has joined The Agency as Head of Agent Recruitment and Growth for the east coast as the national real estate brand looks to build on its already strong calibre team of high performance agents in 2024, welcomed by The Agency Founder and CEO of Real Estate Matt Lahood.
Belle Property expands presence on Sydney’s lower and upper north shore
Belle Property is bolstering its presence on Sydney’s lower and upper north shore, Belle Property Lane Cove and Hunters Hill welcoming Lindfield and Willoughby to their integrated network of offices. Belle Property CEO Peter Hanscomb said, “Bringing four offices under the leadership of Principals Simon Harrison and James Bennett sees our brand strengthen its hold on the lower and upper north shore.
Featured Property
Aspley heritage Queenslander on 1.2 acres for sale - Sotheby's
700 Trouts Road Aspley for sale by Malcolm Li of Queensland Sotheby’s International Realty is character filled with potential as a dream home or future development prospect.
The Agency recruits market leaders Leigh Melbourne and his team with a focus on Melbourne’s Williamstown
The Agency General Manager of Sales – Victoria, Sally O’Connell said Leigh Melbourne, Mark de Brabander and Noah Lautman-Wurt are a great addition to The Agency due to their unparalleled market knowledge.
REIQ asks Queensland Government and opposition to stop soaring insurance premiums in the Sunshine State as election looms
REIQ CEO Antonia Mercorella said Brisbane insurance premiums rose by 18.5 per cent for the year to December 2023, compared to rises of 13 per cent in Sydney and 15 per cent in Melbourne.
The 2024 auction market starts with a bang, with 1,706 capital city homes set for auction
By Kaytlin Ezzy, Economist, CoreLogic Australia
Belle Property extends its reach across Brisbane’s Northern Suburbs - Belle Property Nundah
National real estate brand Belle Property has extended its reach in Brisbane’s Northern Suburbs with Brooke Hawthorne, Principal of Belle Property Ascot, opening a second office in nearby Nundah. Belle Property Head of Queensland Jon Iceton said we are excited to see her take our brand into the neighbouring area of Nundah.
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