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Hot Property: Biggest headlines from the week that was

May 28, 2020Grace Ormsby

Why Australians could be given $50,000, how to terminate a tenancy and the need for a stamp duty plan: Here are some of the biggest stories from this week. ...

REB_top100agents
top 10 agents

1

Alexander Phillips

Year of Experience: 20

Support Staff: 3

Residential Properties Sold: 215

Total Value of Residential Properties Sold:

$ 522,477,791

VIEW COMPLETE REPORT

Have you experienced sexual harassment or bullying in the workplace?

Yes, I've been the victim of sexual harassment (15.8%)
Yes, I've been the victim of workplace bullying (21.1%)
No (63.2%)

Total votes: 19
The voting for this poll has ended on: April 30, 2020
TECH MARKETING SALES BETTER BUSINESS PROPERTY MANAGEMENT
Neville Pozzi reb REIWA rolls out new ‘digital doorknock’ strate ...

The Real Estate Institute of Western Australia’s longstanding partnership with The Salvation Army is seeing the real e ...

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Kul Singh reb New integration to provide better buyer experience

Openn Negotiation has confirmed a new integration with realestate.com.au which aims to provide a better experience for b ...

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REA Group has confirmed its Prop20 series will be transformed into a digital experience. ...

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After an initial lull, things have started ramping back up in the Brisbane property market, but Heath Williams, lead age ...

Mark Morrison WEB 2020 REB Business Empowerment Showcase: An innovative p ...

The global pandemic has undeniably presented some challenges for the real estate sector. However, there are still opport ...

Michael Johnson WEB How COVID-19 has been impacting real estate agents ...

In April, Momentum Intelligence conducted a major survey to understand how the coronavirus pandemic has been affecting t ...

Tom Panos 140520 What’s Making Headlines – 14 May 2020

What’s Making Headlines is your new source for all the latest in Australian real estate news. ...

Heath Williams WEB Selling Brisbane’s most luxurious properties dur ...

After an initial lull, things have started ramping back up in the Brisbane property market, but Heath Williams, lead age ...

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Let’s be real: running a business or an office is stressful. Here’s a quick rundown of some insights on keeping yo ...

Cameron Black reb Lies and statistics: Has the property market actua ...

It seems like there has been a huge change of sentiment in the last month as a confluence of factors has come together t ...

short 850x400 june2019 How to get that big win

Getting a big win is more than just sales. It involves strategic planning and setting goals, according to real estate bu ...

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Ray White Balmain sales dynamo Megan Smith has sold one of the most expensive houses in Australia this year, with the pr ...

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The Australian Housing and Urban Research Institute (AHURI) is undertaking several priority research projects which aim ...

suburbs high shot reb Forward indicators point to property recovery

The property market is beginning to show signs of life, with sellers looking to cash in on buyers’ demand, according t ...

housing properties reb ‘No signs of distress yet visible in housing mar ...

While the current crisis could exacerbate high mortgage debt, there are currently no signs of distress visible in the ho ...

home owners reb Home owners given stern warning on upcoming regula ...

Property managers in Victoria should advise caution to home owners, after a stern warning was issued about regulations s ...

EVENTS
REBAWARDS Listready
Real Estate Business Awards 2020

The REB Awards is the benchmark of success in the Australian real estate industry. It reflects not only the business astuteness of the country’s leading real estate operators and networks..

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Why we’ll keep delivering for our communities in the face of COVID-19

alex

As Australia tries to keep pace with a rapidly changing business and social landscape in the wake of COVID-19, Momentum Media is leading the way delivering essential content to our communities, writes Alex Whitlock, director of REB.

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State of Market - VIC April 2012

02 April 2012 Reporter

Essential information, plus expert insight on what is shaping the national property market...

VICTORIA

New infrastructure to open up regional sites

Significant new infrastructure works are opening up regional Victoria, according to the state Department of Infrastructure and Transport, potentially increasing the attractiveness of some areas for investors.

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A $152 million contract has been awarded for a 23km section of highway as part of wider plans for the Western Highway duplication.

The federal infrastructure and transport parliamentary secretary and member for Ballarat, Catherine King, and Victorian roads minister Terry Mulder said the road would be a four-lane divided highway, representing a milestone for the duplication project overall.

“We are working in partnership with the Victorian Government to renew and expand our transport infrastructure to support the national economy, and to better connect people living and working in regional Victoria,” Ms King said.

There will also be a bypass to the south of the Trawalla township, said Mr Mulder.

“The new works will improve the efficiency of freight movement to make the Western Highway much safer for the local communities and for through traffic,” he said.

Melbourne market now oversupplied

Melbourne’s residential property market is now oversupplied and may take years to recover, according to property analyst Michael Matusik.

Speaking at the Urban Development Institute of Australia (UDIA) conference in Melbourne, Mr Matusik said low confidence and high vacancy rates were keeping investors out of the market.

“The Victorian market is now oversupplied with both new and existing stock,” he said. “Melbourne is past its peak and is at 1 o’clock on the property clock. It might take two to three years to recover, at best.”

In addition to oversupply, Melbourne now has the highest vacancy rate of any Australian capital, at over 4 per cent.

“Confidence is low, end prices are high and there are fewer jobs being created.” Mr Matusik said.

State of Market - VIC April 2012
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Listen to other installment of the Real Estate Business Podcast

Why we’ll keep delivering for our communities in the face of COVID-19

alex

As Australia tries to keep pace with a rapidly changing business and social landscape in the wake of COVID-19, Momentum Media is leading the way delivering essential content to our communities, writes Alex Whitlock, director of REB.

Read more
Do you have an industry update?
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