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Rich pickings discovered above reserve

Keen punters are stopping at nothing to snag property purchases, with estate agents and auctioneers reporting sales of property reaping figures well above reserve – from $100,000 to even a cool million.

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FRIDAY FUNNIES: The pick of Halloween

Relevant to Australians or not, Halloween is now a rite of passage for Aussie children and a chance for them to don scary costumes and pilfer sweets from the good natured under the threat of being 'tricked' should one not oblige.

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Domain reshuffles for agent reach

Listings portal Domain has announced two senior appointments to drive agent engagement and consumer reach at the same time the company makes further state inroads with its agent participation model.

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REIV kicks off million-dollar stoush

The Real Estate Institute of Victoria has slammed the Victorian government’s recent decision to exempt some commercial property agents from current licensing requirements, with REIV chief executive officer Enzo Raimondo accusing the state government of pandering to the demands of large shopping centres by allowing the change.

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Agent cops 'A Current Affair' treatment, fights back

Auctioneer Robert Ding underwent the tabloid television treatment earlier this week and is largely unaffected by the outcome, even though his full and frank hour of question and answer with A Current Affair was edited down to just a few snippets of his actual interview.

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Investment coffers ease onshore purchasing

An enterprising Australian property, immigration and financial services company is looking to set up a $150 million Real Estate Fund directed towards Significant Investment Visa holders to capitalise on onshore property investment.

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Stamp duty 'farce' demands amendment

The stamp duty paid on residential property sales in New South Wales in the first quarter of the 2014/2015 financial year has risen by $500 million compared to the same period last year, prompting one industry body to call for a review of this “enormous windfall” for the state government.

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Death knell for QR code tech

Quick Response (QR) codes, the funny-looking ‘barcodes’ or pixelated blobs that once heralded a merger between print and online property marketing, could soon become irrelevant.

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Inner-city digs above median: RBA

Pent-up demand for medium- and high-density living has driven prices of inner-city properties above the national median, according to Luci Ellis, Reserve Bank of Australia head of financial stability.

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