News

New office complete!

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Richardson & Wrench Coogee/Clovelly have just completed the refurbishment of our new office. Feel free to come and check out the new office we are located at 264 Arden Street, Coogee.

It has been much anticipated for us and we are thrilled with the look and feel of the new office. More … more »

Home Prices Rise

Home Prices; PMI; Chinese PMI
• Home prices rise: The RP Data – Rismark Home Value Index reported that capital city home prices rose by 0.3 per cent in February and are up 1.3 per cent on a year ago. In February house prices rose by 0.2 per cent, while apartment prices rose 0.6 per cent.
• Total returns on capital city … more »

Home sales on the rise

New home sales increased in December, marking a third consecutive monthly rise.

According to the Housing Industry Association’s (HIA’s) New Home Sales report, total seasonally-adjusted new home sales increased by 6.2 per cent in December 2012.

New home sales increased by 3.3 per cent over the December 2012 quarter, but were still 12.7 per cent lower than the level of sales during … more »

RBA’s Guy Debelle says the central bank remains ready to lower interest rates

From www.thepropertyobserver.com.au
By Jonathan Chancellor
Tuesday, 26 February 2013

The Reserve Bank of Australia assistant governor Guy Debelle has sent a signal that the central bank remains ready to lower interest rates if needed to counter the high dollar.

But Dr Debelle warned that low official interest rates could generate excessive credit growth, surging asset prices and other imbalances.

“We still obviously retain scope to … more »

18 month-old agency wins top award

Brendan Wong
An agency that was formed less than two years ago booked a major win at the recent Real Estate Institute of Queensland (REIQ) Awards of Excellence.
Gold Coast-based real estate office Harcourts Coastal was awarded the 2013 REIQ Medium Re…

Clean, online & professional

Often in the property game you become your own brand. It’s great if you get your name on a corflute or your head on a bus shelter. This can give a name and face to the service and offer a sense of authority and responsibility. I say it can. What happens when your high-school mate […]

New laws to slash red tape, reduce risk

Staff Reporter
New laws in Queensland will help relieve agents and consumers of pages of paperwork, according to the state’s attorney-general.
Attorney-general Jarrod Bleijie yesterday released a proposal to slash red tape and fulfil the&nb…

Group offers an Audi as incentive for sales

Steven Cross
One major group will give all its sales agents the opportunity to win a new Audi, just by listing and selling property.
CEO of LJ Hooker, Georg Chmiel, told Real Estate Business that the LJ Hooker Audi Summer Sprint competition will help…

Investors need to check flood zoning information

Investors need to be vigilant about checking flood zoning and insurance, Propell National Valuers has warned following the recent flooding disaster in Queensland and New South Wales.

Non-bank lender BMC Mortgage the first to move independently of the RBA with variable rate cut

Sydney-based non-bank lender BMC Mortgage Corporation has become the first lender to cut its variable rates outside of an official RBA rate cut.

The lender dropped its variable home loan rates by 10…