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Property news you need to know: The week ending 19 December

Smart Property Investment is pleased to present a weekly round-up of the biggest stories across property, investment, real estate, and finance, with thanks to Momentum Media.

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Here are the biggest stories for the week ending 19 December 2021:

  1. REIA names new president

After Adrian Kelly revealed his intention to step down from the top job late last month, the Real Estate Institute of Australia (REIA) has elected a new president alongside two other appointments.

  1. 6 out of 8 capital cities have ‘undervalued’ housing prices

Australia’s historic property boom is pushing house prices to record-breaking levels, but new research shows that house prices are still “undervalued” across most of the country.

  1. Winners of the Women in Real Estate Awards 2021 crowned

The leading women of Australia’s real estate industry were recognised for their achievements in a glittering ceremony.

  1. New Woollahra office takes network back to the future

An NSW network returns to its roots, opening an office in the suburb where it all started three decades ago.

  1. Tenants to take on longer leases in 2022

The rental market is set to be especially competitive over the coming year – and it’s set to increase the demand for longer term leases, according to one individual.

  1. Queensland’s phenomenal growth predicted to continue in 2022

The Queensland residential property market is experiencing a good streak, with median house prices showing robust performance for the September quarter.

  1. Winners of the 2021 Women in Finance Awards unveiled

The Adviser is thrilled to announce the winners of the 2021 Women in Finance Awards, which was held in person with over 550 people in attendance.

  1. Macquarie launches one-click offset accounts

Home loan customers with the bank will be able to instantly open and link up to 10 offset accounts to their mortgage with one click.

  1. Harcourts rounds out leadership with new SA CEO

Stu Costello will take the reins at Harcourts South Australia as chief executive in early January 2022, the network has announced.

  1. Government to revamp Pension Loans Scheme

The federal government will reduce rates on the Pension Loans Scheme and rebrand the initiative from next year.

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