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The biggest real estate news – the week ending 21 July 2024

By Staff Reporter
19 July 2024 | 6 minute read
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Sydney suburb rezoning plans, an executive appointment in Queensland, and could build-to-rent create a class divide?

Welcome to REB’s weekly round-up of headline stories that are important to both the real estate sector and the state of the Australian property market.

To compile this list, we consider the week’s most-read stories and the news that matters to you, collating your need-to-know property report from across our site and sister brands. Here are the biggest stories of the week:

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  1. ‘Built-to-rent will create a class system’: CEO

A proliferation of build-to-rent housing could create a class divide on par with the US, a Sydney architectural firm has stated.

  1. Charles Higgins to drive Aurora Property expansion

With Brisbane’s inner-city suburbs as a starting focus, the Queensland-based executive has been tasked with spearheading sales growth for the firm.

  1. 7 Sydney suburbs launch rezoning plans

High-density development plans have been announced in seven key transit centres, with over 60,000 new homes set to come onto the market.

  1. Building commencements rising from the doldrums

After having hit a record low in September, building commencements are slowly ticking back up again, but brokers are still seeing headwinds for borrowers.

  1. Urban population growth and its effect on the housing market

Recent data has tracked the growth in Australia’s urban population over a century. Economists are now weighing in, giving insights on what these trends mean for the housing market in Australia and whether it’s expected to continue.

  1. Openn unveils Lendi co-founders as newest owners

The real estate sales transaction business has revealed several fresh faces in its ownership group.

  1. ‘Paddock to PM’ vision hits $1.3bn portfolio value

With 15 offices now in operation across Sydney and the Hunter Valley, this 25-strong team has marked a massive milestone in its rent roll.

  1. NSW and Qld look to recommence interoperability despite ‘pause’

The land registries in Queensland and NSW have committed to continuing the progression of interoperability despite ARNECC pausing the program.

9. ‘It’s all property’: Meet the leader bringing sales and PM together

Alon Beran is looking to break the mould when it comes to property management’s role in his real estate business.

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