The Ray White Group, Australia's largest real estate network, reported sales of a record $44.7 billion in the 2016-17 financial year, with Sydney, Melbourne, Auckland, the Gold Coast and regional NSW the standout markets.
'Super City' Sydney seventh on Knight Frank foreign investment list
Knight Frank's inaugural report, Active Capital – The Report 2017, which looks at foreign commercial real estate investment in ten 'Super Cities', lists Sydney in seventh place.
EAC rebrands, introduces new video marketing tools
Estate Agents Co-Operative has rebranded its business, and brought in a range of new technologies to lower costs and boost services for its agent members.
With the Reserve Bank signalling the cash rate is headed higher, borrowers are advised to prepare for higher rates by calculating how they will be affected, paying off debt now while rates are low, and considering fixing, says Patrick Nolan of ME Bank.
The Australian Government has released draft legislation for public consultation that provides property investors with the opportunity to have their say around proposed changes to depreciation deductions that were announced in this year’s Federal Budget.