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News
Former Youi chief lists $7m Paddington home for sea change
8+ hour, 27+ min ago (392+ words) Frank Costigan, who led Youi and QBE over a 40-year corporate career, is heading to the Sunshine Coast and has listed his double-block Paddington residence in Sydney for auction through Alexander Phillips. Frank Costigan, former CEO of Youi and QBE,…...
Clearance rates dropped 18 points – some agents are having their best spring yet
10+ hour, 43+ min ago (586+ words) With listings tight and buyers cautious, sales agents who reprice fast and follow up faster are reportedly outperforming last year's boom-time numbers, according to the piece. If your spring strategy is “do what worked last September,” it’s worth a second…...
First-home buyer wins Bondi Junction apartment as in-house team solves lease hurdle
11+ hour, 41+ min ago (382+ words) A first-home buyer secured the one-bedroom apartment through their buyer's agent after Nicholas Armstrong-Smith's team resolved a tricky lease settlement using their in-house property management expertise. The one-bedroom, one-bathroom apartment with one car space went under contract on 30 June after…...
Transparent pricing delivers result for flood-affected Cessnock property
13+ hour, 11+ min ago (530+ words) Bryce Gibson's transparent approach to a flood-affected Cessnock property attracted the right first-home buyer by pricing it correctly and highlighting what mattered most. Bryce Gibson knew the flood development control overlay on 6 Nelson Street, Cessnock would be a conversation point…...
Metro completion drives Cronulla family to Campsie in competitive auction
13+ hour, 10+ min ago (452+ words) A family relocating from Cronulla to capitalise on the imminent metro completion drove competitive bidding at a Campsie auction, with Colemon Su's strategic midweek open homes and presentation focus delivering a result well above reserve. Colemon understood that working buyers…...
Targeted upsizer strategy secures pre-auction townhouse sale in Botany
1+ day, 11+ hour ago (605+ words) A strategic marketing campaign targeting upsizers delivered two competing buyers and a pre-auction sale for Luke and John Higgins for a Botany townhouse. Luke and John Higgins knew the type of buyer who would buy 36/73 Banksia Street in Botany before…...
Bronte unit held since 1988 sells for $1.035 million after styling refresh pays off
1+ day, 11+ hour ago (427+ words) Century 21 Armstrong-Smith's Nicholas Armstrong-Smith convinced the vendor to vacate the tenants, refresh and take a one-bedroom unit held for 37 years to auction — delivering a sale well over reserve. The result demonstrates how preparation can unlock value even in a softer…...
Housing tax package could cut 10,700 new homes as industry warns rents will rise
3+ day, 9+ hour ago (719+ words) Updated independent modelling commissioned by four of Australia's peak property and construction bodies estimates the Federal Government's housing tax package could reduce new dwelling starts by about 10,700 over four years, while pushing rents higher and cutting construction employment. Master Builders…...
Heritage Botany house on 1,064sqm breaks suburb record at $3.8 million
3+ day, 9+ hour ago (683+ words) A heritage house on more than 1,000 square metres in Botany has shattered the suburb's price record, with John Higgins and Luke Higgins securing $3.8 million after a strategic campaign targeting buyers from higher-priced neighbouring markets. The property at 151 Bay Street presented…...
Tough market fails to dampen interest in real estate careers
3+ day, 10+ hour ago (500+ words) Barry Plant Docklands & Yarra’s Edge has attracted 173 registrations for its latest Careers Night, with 73 prospective recruits attending as the agency looks to build its sales and property management ranks. Barry Plant's Melbourne offices drew record attendance at recruitment events – 73 people…...