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Hot Property: The biggest stories this week 36

By Staff Reporter
01 July 2021 | 10 minute read
Gladys Berejiklian presscon reb

Suburbs gearing up for a busy spring, COVID-19 lockdowns causing havoc, and the dawning of a new financial year: Here are the biggest property stories this week.

Welcome to REB’s weekly round-up of the headline stories and news that’s important not only for the real estate sector, but also for the state of property in Australia more broadly.

Here are this week’s biggest stories:

1. Unveiling Australia’s Top 50 Women in Real Estate for 2021

The numbers have been crunched. REB is pleased to reveal the Top 50 Women in Real Estate for 2021.

2. The suburbs where home owners are nearly ready to sell

Following months of drought, which has starved buyers for choice, Aussies are finally thinking about selling their homes as confidence in the market rises.

3. ‘Never look too far ahead’: Lessons learnt through the pandemic

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While most real estate agencies scramble to save their business during the pandemic, one agent has had a different focus: saving the clients.

4. Solo home buyers ‘growing force’ in market: ME Bank

The proportion of solo borrowers and their average home loan size has jumped during the pandemic at ME Bank, it has revealed.

5. Mortgage Choice officially joins REA Group

The major brokerage has officially joined the REA Group, expanding the digital property advertising business’s reach into the mortgage distribution space.

6. Are landlords and tenants picking up the bill for Sydney’s latest lockdown?

The Real Estate Institute of New South Wales (REINSW) has gone to bat for both landlords and tenants, following the announcement of the state government’s latest support package for small businesses.

7. NSW offers SMEs COVID-19 cash grants

The NSW government has launched a new grants package to support small businesses in NSW impacted by the current lockdown.

8. Property investors may cop a hit this tax time, accountants warn

The past year has raised new tax issues for mum and dad property investors, with many expected to cop a hit this tax time.

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