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Evolving market creates satisfying environment for industry

April 01, 2020Cameron Micallef

Technology and an ever-evolving industry is creating an exciting time for those operating in Australia’s real estate industry, explains a principal leasing agent. ...

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top 10 agents

1

ALEXANDER PHILIPS

Year of Experience: 17

Support Staff: 5

Residential Properties Sold: 208

Total Value of Residential Properties Sold:

$614,864,500

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TECH MARKETING SALES BETTER BUSINESS PROPERTY MANAGEMENT
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Proptech Association of Australia reb New proptech association hits Aussie market

A new association has been rolled out which seeks to raise awareness of proptech within Australia’s real estate sector ...

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As REB’s top-ranked project marketing agent with over 20 years of industry experience, James Lampropoulos advocates fo ...

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Property data is undeniably a critical tool, but how does one navigate the abundance of information available without p ...

Graeme Hyde WEB What makes a high-performing office?

With 25 years of industry experience under his belt, Graeme Hyde understands the formula for a successful real estate of ...

Tara Bradbury WEB A completely paperless approach to property manage ...

Tara Bradbury launched Active Agents last year as a means of presenting an entirely paperless property management operat ...

James Lampropolous WEB A project marketer’s take on being a successful ...

As REB’s top-ranked project marketing agent with over 20 years of industry experience, James Lampropoulos advocates fo ...

Positive Mindset in Business reb The impact of a positive mindset in the business o ...

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 ...

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EVENTS
REB Awards 2018 logo 01 1
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

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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 Markets - VIC May 2012

01 May 2012 Reporter

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

VICTORIA

Geelong seeks employment precinct funding

Greater Geelong city has applied for federal government funding for the Geelong Ring Road Employment Precinct to facilitate long-term residential development.

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“An extension of the Geelong Ring Road to the Bellarine Peninsula is vital for sustainable, long-term residential and commercial development, and a much sought after aspiration for our region,” the application noted.

The submission requests $3.6 million from the Regional Development Australia Fund to service 327 hectares with infrastructure, roads and services that will attract new industries and maximise the area’s economic potential.

The project could create 10,000 new jobs once the 500-hectare site is fully developed; two thirds of the land is currently undeveloped.

The project is designed to assist the Geelong, Western Victoria and Metropolitan Melbourne markets with access to major transport hubs.

Quality stock hard to find in Melbourne

Melbourne’s property sector will help drive the nation’s economy, although the city faces a “chronic undersupply” of investment-grade property, a number of speakers at a property outlook seminar said recently.

“Melbourne has closed the gap on Sydney and will continue to offer stronger growth potential over the next decade,” trend forecaster Bernard Salt said at the WBP Property Outlook breakfast meeting.

Mr Salt said new lifestyles and social behavior are likely drivers of demand for well-positioned investment property in Melbourne’s inner suburbs.

“The city has experienced the second largest growth of all Australian capitals in the past five years, at 7.6 per cent,” said WBP Property Group CEO Greville Pabst.

WBP Property Group provides property valuations, property management services and advice to prospective home buyers.

“Rents for housing have increased 10 per cent,” he said. “Yields will stay fairly consistent as property prices and rents track similar growth.

“In units, rents are not growing as fast because there is an increase in stock.”

State of Markets - VIC May 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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