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The biggest colour trends taking off in 2025 

From vibrant to minimalistic, a diverse set of colour trends have been reshaping interior spaces across Australia in 2025, as seen in some of the latest design. 

Whether you’re designing a new home or renovating an existing space, choosing the right colours is crucial to creating a space that complements your lifestyle and reflects your personality. 

It’s in the new builds market where we particularly see trends emerging, with interior designers reflecting the latest styles that are capturing attention. 

Based on what they’re seeing from clients and customers, paint brands will also offer their insights, highlight trending shades to guide homeowners on how to infuse various spaces – be it living rooms, kitchens, or bedrooms – with personality and cohesion.  

And so far, the trends reflect a desire to bring warmth, nostalgia, and modern vibrancy into our homes.  

We explore four major colour trends that are defining interiors in 2025.  

1. Warm neutrals 

Often seen as the backbone of a room’s colour palette, warm neutrals offer a sense of peace and understated elegance.  

Wattyl refers to these as the “new neutral,” with shades like Warm Sand that complement natural, raw, and organic materials. This versatility makes them perfect for kitchens, bathrooms, and living spaces alike. 

Dulux’s offerings, such as Mellow Beige and Clay Pipe are part of the brand’s Still palette, which is described as a collection of calming neutrals with a subtle warmth. 

Wattyl’s Warm Sand swatch. Picture: Fenton & Fenton

Complementing this trend, Haymes Paint champions natural tones inspired by the diverse landscapes of Australia.  

Sand Haze, inspired by the Great Ocean Road, is described as a “neutral feel” but has a desaturated quality which gives it a calming effect.  

Taubmans also contributes to the warm neutral palette with options like Manhattan Snow and Stowe White, highlighting the enduring appeal and adaptability of warm neutrals. 

2. Earth shades

A growing emphasis on sustainability and biophilic design has brought earthy shades to the forefront of interior design.  

Haymes’ Daintree colour palette is inspired by one of the world’s oldest rainforests. While the dominant colour is green, there are a range of swatches with deep greens, mossy hues and earthy browns.  

For example, Contrast is a yellow/green colour reminiscent of the Eucalyptus flower.  

The Terracotta colour scheme as part of Sarazin’s Murcia Residences in Queensland. Picture: realestate.com.au

Dulux’s Clay Court, also part of its Still collection and Faded Terracotta, part of the Recollect palette, which reflects an eclectic style, are some earthy tones that possess a grounding quality, serving as a gentle reminder of the beauty and serenity found in the natural world. 

Terracotta is also a popular choice in new build colour palettes, with Murcia Residences in Queensland, for example, offering it as one of two styling options.

Wattyl’s focus on desert landscapes also introduces rich terracottas like Terracotta Tone, which offer depth and a full-bodied presence that both contrasts and complements softer tones.  

It’s also described as an ideal backdrop for artworks and furniture, working well with pink and lavender pastels and mustard yellow and deep burgundy reds. 

3. Rustic reds

Speaking of red, rustic reds can bring vibrancy and nostalgia to interior space. These shades create lively atmospheres that pay homage to craftsmanship and heritage, offering unique expressions as focal points.

The Terracotta Tone swatch from Wattyl. Picture: Fenton & Fenton

Dulux’s Recollection palette includes Red Clown and Auburn Flair, reflecting a connection to craftsmanship and heritage, perfect for creating focal points that demand attention. 

As part of its 2025 colour forecast, the brand also noted that rich burgundies and wine hues will become more prominent throughout residential interior design.  

Haymes taps into landscapes inspired by Western Australia, South Australia and Tasmania, with deep reds that bring drama and warmth to any room.  

For example, Worn Red has soft orange undertones that works well for colour drenching.  

Taubmans has a range of reds suitable for any area of the house. Rebel Wine was listed in the brand’s 2025 Colour Trends guide as an ideal colour for living and theatre areas.  

4. Dynamic blues

Dynamic blues are emerging as a significant trend in 2025, offering a range of tones that infuse interiors with energy and a modern twist.  

A blue shade from Sherridon Homes’ Lakeport home design. Picture: realestate.com.au

Dulux’s Justice, part of the Emerge palette, a collection of soft and mid-tone hues, captures this trend with its contemporary feel, evoking a sense of serenity mixed with a bold statement.

Haymes Paint explores vibrant blues in its Colours of Australia collection, with hues like Mindful, inspired by the Fleurieu Peninsula, and Faded Blue, ideal for serene sleeping spaces.  

Sherridon Homes also shows off how blue can make a room feel both modern and comfortable, using it to great effect in a recent display for its Lakeport home design.

These blues are enhanced by their ability to integrate into fresh architectural designs, providing well-lit spaces with cool and calming presence. 

Are you interested in exploring the latest designs? Visit our New Homes section. 

The post The biggest colour trends taking off in 2025  appeared first on realestate.com.au.

May 16, 2025/0 Comments/by JKents
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‘Tangible relief’: Interest rate cut imminent say 88pc of experts

A massive 88 per cent of experts believe the RBA will cut interest rates come Tuesday.

Struggling Aussie homeowners and buyers are set to see ‘tangible relief’ come Tuesday with 88pc of experts backing RBA to slash, with a huge call over what numbers will be by Christmas.

Finder’s RBA Survey involving 41 experts and economists saw 36 of them now believe a rate cut is certain on May 20 – 34 of whom predict it will be a 25 basis point drop and two taking the same line as the National Australia Bank predicting a large 50bp fall.

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RBA Governor Michele Bullock is facing mounting pressure for another rate cut for 2025. Picture: NewsWire / Nikki Short

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Finder head of consumer research Graham Cooke said “with a February cut and now one expected in May, homeowners might finally start to feel tangible relief”.

“Our experts are predicting several more cuts later this year, and we could be looking at a cash rate of close to 3 per cent by Christmas.”

More than half of those surveyed (56pc) expect two more cuts – in July and August – mostly because of inflation returning to RBA’s 2-3pc target, though some also flagged weak growth and global uncertainty.

Oxford Economics Australia head of macroeconomic forecasting Sean Langcake said “with upside inflation risks dissipating, the RBA can afford to lend the economy some more support”.

Finder’s latest RBA Survey has 56pc also picking July and August for cuts, 34pc September and November, and the numbers dwindling after that.

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Bendigo Bank head of economic and market research David Robertson would like to see a larger cut than 25bp come Tuesday.

“I expect the RBA to cut rates by another 25 basis points on May 20, with some risk of a larger cut (35bp would be ideal) but in the absence of a sudden sharper downturn in global conditions a 50bp cut appears unlikely.”

But five of the 41 experts continue to hold out, expecting the Reserve Bank board to do so as well (12pc of those surveyed), with one of the reasons cited being wages growth.

Ord Minnett head of institutional research and asset allocation Malcolm Wood explains: “the labour market remains tight, driving above trend wages growth. With no productivity growth, this puts unit labour costs above the RBA’s inflation target”.

Finder head of consumer research Graham Cooke says we could be looking at a cash rate of close to 3pc by Christmas.

US President Donald Trump’s double backflip on tariffs was also a factor, according to Monash University director of the bachelor of international business program Mark Crosby: “US policy randomness is settling into a pattern of reversals which make US and global slowdowns less likely”.

Regardless of what direction it takes, Mr Cooke said homeowners who maintained the status quo on their repayment amounts they will be better off later.

“With any rate cut, if you can continue making the same payment each month, you will knock more off the principal and pay less interest over the long run”.

The post ‘Tangible relief’: Interest rate cut imminent say 88pc of experts appeared first on realestate.com.au.

May 16, 2025/0 Comments/by JKents
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South Yarra: Five-car garage home that’s an entertainer’s paradise revs up buyers

61 Tivoli Rd, South Yarra - for herald sun real estate

Fancy a five-car garage? The house at 61 Tivoli Rd, South Yarra, has one – and plenty of other features.

A South Yarra house with a five-car garage is on the road to a $6.4m-$6.9m sale.

The four-bedroom pad at 61 Tivoli Rd was built circa-1885 and renovated by its owners two years ago.

Period features including leadlight windows, high ornate ceilings and an arched entrance hall have been retained at the double-fronted home.

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Marshall White Stonnington director Nicholas Brooks said one of the owners was an avid car collector and that other vehicle collectors have been attending inspections of the home, attracted by the amount of garage space that’s something of a rarity in South Yarra.

The abode’s kitchen is fitted with Gaggenau appliances including a steam oven, integrated Liebherr fridge and freezer, two dishwashers, a marble island bench and combined butler’s pantry and home office.

61 Tivoli Rd, South Yarra - for herald sun real estate

A marble bench takes centre stage in the kitchen.

61 Tivoli Rd, South Yarra - for herald sun real estate

Remote-operated sunshades can be used to cover the backyard during warm weather.

61 Tivoli Rd, South Yarra - for herald sun real estate

The five-car gym means you’ll never struggle to find parking.

The open-plan living and dining room leads to a paved outdoor terrace with a barbecue, solar-heated pool and large spa.

Mr Brooks described the impressive set-up as much like a resort.

“The rear outdoor entertaining space is a big space with a beautiful built-in barbecue and pool,” he said.

“The first time I walked in, I could tell it was an entertainer’s home and that all the guests would congregate there.”

The residence also features a library and study with a marble fireplace and a main bedroom with its own marble fireplace, ensuite and built-in wardrobes.

61 Tivoli Rd, South Yarra - for herald sun real estate

A marble fireplace in the library and study.

61 Tivoli Rd, South Yarra - for herald sun real estate

One of the three bathrooms.

61 Tivoli Rd, South Yarra - for herald sun real estate

The basement features a wine display cabinet.

In the basement level, there’s a home theatre, the fourth bedroom with wardrobes and an ensuite, a laundry with two drying cabinets and a wine display area.

Other highlights include a video intercom, hydronic heating, underfloor heating, airconditioning, heated bathroom floors, indoor and outdoor speakers and a powder room.

Mr Brooks said that Tivoli Rd was one of South Yarra’s most sought-after streets.

“It’s quiet street but with easy access to Chapel St,” he added.

Expressions of interest close at 3pm on May 26.


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The post South Yarra: Five-car garage home that’s an entertainer’s paradise revs up buyers appeared first on realestate.com.au.

May 16, 2025/0 Comments/by JKents
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Iconic Camberwell homes blending heritage design with contemporary quality

In one of Camberwell’s finest pockets, buyers are being treated to a rare blend of timeless design and contemporary craftsmanship.

A stunning new architecturally-designed development is launching in the heart of Camberwell, bringing together the romance of heritage architecture with refined, contemporary living.

Tucked away on a peaceful, tree-lined street in a sought-after enclave, Glyndon by Above Zero presents a rare opportunity to own a home that blends classic character with cutting-edge design.

Each of the homes have been thoughtfully crafted with a distinct architectural language inspired by Federation-era charm.

Ready for move-in by 2027, the development is already generating significant interest, according to Above Zero managing director, AJ Batra.

“It’s not every day you secure a premium 3,000sqm non-heritage parcel on one of Camberwell’s best streets—where homes can command prices above $10 million—and have the chance to reimagine it into a landmark development that respects heritage while looking to the future,” he shares.

Glyndon by Above Zero is a rare opportunity to secure a prestigious address in historic Camberwell.

Design-led living

At the core of Above Zero’s ethos is a commitment to enduring quality and purposeful design.

Brought to life through collaboration with renowned partners such as Cera Stribley, Lauren Tarrant Design, CDA Design Group, and Wilbow Group, Batra says every residence will be its own private “sanctuary.”

“Every home at Glyndon is crafted with intention—from considered layouts and enduring finishes to passive design principles that invite in natural northern light and achieve a 7-star-plus energy rating,” he explains.

They truly stand apart by marrying Cera Stribley’s architecture—where modern elegance meets enduring Federation-era charm—with Lauren Tarrant’s refined interiors that channel classic French sophistication.

The result is a series of homes that feel quietly refined, warm and deeply personal.

“Plus, our unparalleled customisation journey means each home is tailored to the unique needs of its future owner,” adds Batra.

With luxe finishes and considered design, Glyndon homes are perfect for discerning buyers.

No stone has been left unturned with outdoor spaces designed by Tim Vernon and CDA.

“They’ve created expansive private gardens and a central walkway adorned with arbours, canopy trees—over 47 of them—and lush plantings that cover more than half the site – creating a leafy, secure and low-maintenance setting that brings a sense of calm to daily life,” Batra notes.

Buyers have the choice of three- and four-bedroom homes, each designed to hero the garden views and northern light.

There are also all the thoughtfully considered elements, such as the personal lift, V-ZUG appliances, locally-made feature wall sconces by Sarah Nedovic, custom parquetry and marble flooring, and unique joinery.

Limewash feature walls add warmth, while the signature rosa stone powder room serves as a romantic detail , illustrating the artistry embedded in every element of the home.

The modern, considered designs of these Camberwell homes celebrate the incredible garden views.

Historic Camberwell

Batra highlights that the location in one of Melbourne’s most prestigious suburbs known for its heritage character and vibrant community, is central to its allure.

“A Camberwell address is synonymous with prestige,” he shares.

“The local dining scene here is charming and inviting. Whether it’s enjoying a leisurely breakfast at the local Fordham Village Milk Bar or unwinding with a glass of wine at one of the area’s intimate wine bars, these experiences create a warm, community feel that enriches everyday life.

“Lush parks and great walking paths provide a breath of fresh air amid urban life.”

The suburb is also rich in Federation architecture, which has been mirrored in the Glyndon homes.

He also points to the top-tier schools, great transport connections, and that the location is only a quick 20-minute trip to the CBD.

Median house prices in the area are also impressive sitting at $2.59 million, with a remarkable 23.3% price growth since 2020, which underscores the area’s desirability.

Camberwell is an exclusive, historic suburb blending leafy streetscapes with city convenience.

Flexible homes

In the bid to appeal to the diverse range of buyers in the Camberwell market, Batra says these luxury homes have been purposely designed to be flexible, making them a perfect fit for everyone —from families to downsizers.

A standout feature is the development’s concept of “Your Other Space”—a private basement sanctuary that offers complete customisation.

Whether made into a wellness retreat, a cinema lounge, a home office, or a family haven, this unique space adapts to the needs of the residents.

Batra says the collection of new homes is already proving popular and that interested buyers are encouraged to contact the Jellis Craig Projects sales team to book a private appointment in the display suite.

The post Iconic Camberwell homes blending heritage design with contemporary quality appeared first on realestate.com.au.

May 16, 2025/0 Comments/by JKents
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Adelaide’s shared rental home with ‘scary’ bathroom, kitchen camera

An Adelaide home has been slammed for it’s “scary” bathroom with the “weirdest note” after photos of it were posted online in an advertisement to rent out one of its bedrooms.

In photos of the Mile End property’s bathroom, a set of instructions can be seen stuck to the old shower, which appears to be riddled with mould.

“Please open and close these two doors softly …” one read, warning that if moved too quickly the pulleys would break.

“Please stand your back to tile walls/your face directly to doors – so water not drop (sic) to outside floor,” another read.

Notes are posted all over the shower. Picture: reddit

One asks bathers to stand a certain way while showering. Picture: reddit

Mould can be seen all through the shower. Picture: reddit

One of the messages also asked bathers to mop the floor if it was wet afterwards.

The advertisement for the property’s fully furnished “one double bedroom” with a vanity that has hot and cold water, a microwave, fridge and good internet was spotted on Facebook.

It was listed for $200 per week for one person or $280 for two.

Screenshots of the since-deleted advertisement were later posted to reddit, where they have been slammed by users.

“Australia, the country where landlords feel entitled to dictate which direction the tenant must face whilst showering,” one comment said.

“Did they turn a bathroom into a bedroom? Why the random sink? And a full size fridge in the room, did I read that right? Everything about this is horrific,” another said.

There appears to be a CCTV camera in the kitchen. Picture: reddit

Just one room in the house is listed for rent. Picture: reddit

It has a basin with hot and cold water and a fridge, according to the advertisement. Picture: reddit

One person joked that “my prison cell was nicer”, while many others were concerned about the CCTV camera in the home’s kitchen.

“Sad part is people are jumping on these opportunities because there is nothing else,” one person said.

However, there were some who jumped to the defence of the person who posted the advertisement.

“Is this a landlord or a head tenant? If it’s a head tenant, they’re taking reasonable steps to look after the property so they don’t get breached or evicted,” one said.

“As for the CCTV, those things are great in case of a home invasion.

“Really, the only thing wrong with the place is that it’s $200 a week instead of $50 like it would have been 20 years ago.”

The post Adelaide’s shared rental home with ‘scary’ bathroom, kitchen camera appeared first on realestate.com.au.

May 16, 2025/0 Comments/by JKents
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Australia’s largest urban renewal project is underway in inner-city Melbourne  

New homes, retail and commercial opportunities, educational facilities and green spaces are all set to be built across this inner-city location. 


Victoria has just broken ground on major works to bring the Fishermans Bend Innovation Precinct to life. 

Sitting at the heart of the large-scale Fishermans Bend Urban Renewal Project, the innovation precinct is set to be home to a “world-class advanced manufacturing, engineering and design precinct,” according to plans from the Victorian government. 

This includes the University of Melbourne’s new School of Engineering and Design campus, which is already underway and set to open next year, as well as commercial spaces suited to a range of light industrial and commercial ventures, bringing new job opportunities to this central city neighbourhood. 

Located on the south of the Yarra River across the two municipalities of the City of Melbourne and the City of Port Phillip, the larger project will span 480 hectares and encompass five defined neighbourhoods. The Victorian government has called this the “largest urban renewal project in Australia”.

A Melbourne aerial view with the Fishermans Bend urban renewal area in the foreground. Image: Getty

The Innovation precinct, at the centre of the renewal area, makes use of the old General Motors Holden site bounded by Salmon Street and Todd Road. 

Winslow Infrastructure Pty Ltd has been appointed to complete main works for Stage 1 at this historic site, which has just broken ground and will deliver new roads, a public park and the necessary infrastructure for the engineering and design facilities that will come in later stages. 

The four other precincts – called Montague, Lorimer, Sandridge and Wirraway – will be largely mixed use, encompassing residential living, retail and office space. Existing homes and buildings, new constructions and heritage renovation will mix across these neighbourhoods to create a renewed vibrancy right on the doorstep of Melbourne’s CBD. 

By 2050, it’s estimated that this area will be home to 80,000 residents and provide employment for 80,000 workers. 

While it’s a long way off, excitement is already bubbling around the plans for this reinvigorated part of the city. 

Several developments are underway now on the fringes of the precinct, offering the opportunity to watch the neighbourhood undergo a transformation, and be right in the thick of it once the rejuvenation is complete. 

A rendering of a terrace at Port Lane, overlooking a community oval. Image: realestate.com.au

Port Lane, at 201 Williamstown Road on the Port Melbourne side of the project, is right on the edge of the Wirraway precinct and will offer a boutique selection of townhomes when completed later this year. 

From Project developers ID_Land, architects Rothelowman and interior designers Hecker Guthrie, this costal-themed development (a nod to its proximity to Port Melbourne Beach) is currently offering a number of three-bedroom dwellings.  

On the other side of the Fishermans Bend project, The Canopy at 272 Normanby Road falls within the boundaries of the new Sandridge precinct.  

An apartment block that’s set to be home to more than 200 homes, this project from Gamuda Land and Hayball Architects draws heavily on the growing desire for eco-conscious apartments.  

With EV charging, a 5 Star Green Star target and 7.5-star NatHERS average rating, the building will feature landscaping from Oculus to bring the name “Canopy” to life. 

A rendering of the rooftop facilities at Canopy. Image: realestate.com.au

To the north, right on the banks of the river, Trielle at Yarra’s Edge will be just across the road from the Fishermans Bend renewal area’s Lorimer precinct.   

With one- two- three- and four-bedroom apartments and three-bedroom townhomes available, this Mirvac construction is set to offer oversized floorplans across its diverse array of dwellings, with an expected completion date in 2027. 

Are you interested in off-the-plan homes? Check out our dedicated New Homes section.

The post Australia’s largest urban renewal project is underway in inner-city Melbourne   appeared first on realestate.com.au.

May 16, 2025/0 Comments/by JKents
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The winning formula behind this property manager’s success

Trust is a precious commodity in property management, but at Harcourts Solutions, they say it’s the foundation of what they do.    

Whether it’s landlords handing over the keys to their investment properties or tenants relying on timely support, the team strives to make people feel that they’re in safe hands.

That trust is backed by results. The Brisbane-based team has achieved a net promoter score – which is a measure of customer loyalty – well above the industry average. 


“What really stood out to us was how surprised our team was at how much our clients valued them,” Harcourts Solutions property management director Jodie Stainton told realestate.com.au.    

“They rated themselves much harsher than the feedback we received and that realisation – that they are genuinely trusted and appreciated – was powerful.”    

Now, their efforts have earned national recognition, with Harcourts Solutions named Property Management Team of the Year at the 2024 REA Excellence Awards.    

Ms Stainton said their approach was built on care, accountability, and a commitment to putting people first.   

Each member of the 29-strong team takes full ownership of their portfolio and manages it with transparency.  

And the results speak for themselves, with longer-than-average staff retention rates and low vacancy rates across their more than 2,200 properties.  

“We treat our team like the leaders they are,” Ms Stainton said.    

Harcourts Solutions took out the Property Management Team of the Year award at the 2024 REA Excellence Awards. Picture: supplied

“They have autonomy, they understand every metric that affects their role from income to efficiency to satisfaction scores. It gives them confidence and real accountability.”   

Virtual tours have become a standard part of the Harcourts Solutions toolkit, with more than 800 listings featuring high-quality digital walk-throughs.  

These tours not only improve the quality of tenant applications but also enable pre-approval before physical inspections, giving the team a competitive edge in a fast-moving rental market.    

But beyond the operational metrics and digital innovations, Harcourts Solutions has also been leading with heart. 

Last year, the team launched an initiative that encouraged landlords to donate a day’s worth rent to charity, dubbing it ‘Christmas Day’s rent’.  

Harcourts matched the amount of the management fees, raising about $6,500 for Orange Sky Laundry. 

Orange Sky is a national charity supporting people experiencing homelessness and hardship through access to free laundry, warm showers and genuine conversation.  

“It was something I’d always wanted to do, and the team got behind it wholeheartedly,” Ms Stainton said. 

Australia’s rental crisis has put considerable strain on property managers who have had to turn away renters in need due to a shortage of rental homes. Picture: Steve Christo/Getty

“We’re now writing this in our management agreements, so we’re expecting to raise over $20,000 this year.”  

For the team, the initiative was also personal. Given Australia’s housing crisis, property managers found themselves saying no to vulnerable people in desperate need of shelter.

Giving back to those at risk and experiencing homelessness was a way to channel that emotional toll into something hopeful and constructive.   

“It was a really hard time for our team, constantly turning people away,” she said.  

“Supporting Orange Sky felt like a way to give something back and to do something meaningful.”   

Looking ahead, the team is ready to grow, with plans to scale to 5,000 properties under management and continue developing industry-leading training systems to help its people.

“We’re not afraid of change, we embrace it,” Ms Stainton said. 

“Our team has an agile mindset and they’re willing to test, to fail, and to learn fast, so that’s a big part of what sets us apart. People first is not just a value for us, it’s how we run our business.”

The post The winning formula behind this property manager’s success appeared first on realestate.com.au.

May 16, 2025/0 Comments/by JKents
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15 lenders cut home loan rates ahead of RBA meeting

RATES

RBA Governor Michele Bullock during a press conference. Picture: NewsWire / Nikki Short

Fifteen Aussie lenders have cut variable rates since the start of April, in addition to the February cash rate cut, as mortgage competition ramps up ahead of next week’s RBA meeting.

Latest Canstar rate tracking has revealed the top Aussie banks to have advertised new customer variable rates since April 1, including Commonwealth Bank, Westpack, Bank of Queensland, Newcastle Permanent, Greater Bank, AMP Bank, Aussie, Bank of China, Bank of Melbourne, BankSA, BankVic, Defence Bank, Macquarie Bank, St.George Bank and Summerland Bank.

The lowest variable rate is currently 5.59 per cent, while Canstar.com.au shows there are 35 lenders offering at least one variable rate under 5.75 per cent.

Come Tuesday’s RBA board meeting, Canstar predicts over 30 lenders could offer at least one advertised variable rate under 5.50 per cent.

The lowest variable rate, meanwhile, could fall below 5.40 per cent, while the new average existing owner-occupier variable rate could drop to 5.81 per cent.

According to Canstar, at least 30 lenders have also slashed fixed home loan rates since April, including ANZ, NAB and Macquarie Bank.

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Source: Canstar

As a result, there are now fixed term rates starting with a ‘4’, with Bank of Queensland and Police Bank offering select fixed rates under 5 per cent.

Canstar.com.au’s data insights director Sally Tindall said Australia’s mortgage market was buzzing with healthy competition.

“If there is a cash rate cut in May, we expect competition in the market to ramp further up as borrowers check in on their new rate and ideally compare it against the rest of the pack,” she said.

“If the cash rate drops to 3.85 per cent, the average owner-occupier could see their variable rate fall below 6 per cent, however, borrowers can do far better than this. We expect there’ll be more than 30 lenders offering at least one rate under 5.50 per cent.

“All these rate changes are great news for Australians with variable home loans, but only if they take advantage of the competition.

MORE NEWS: Wild reason most Aussies won’t get a rate cut

Source: Canstar

“While the vast majority of banks should pass on the next cash rate cut in full to their existing variable customers, the reductions we’ve seen outside the RBA decisions are typically only reserved for new business or those prepared to lock in their rate.

“Borrowers should use the next few days to take stock of their interest rate and work out where it sits in the pack before a potential cash rate cut, and if need be, pick up the phone and haggle with their bank for a lower rate.”

All of the big four banks are forecasting a cash rate cut on Tuesday, with NAB expecting a double cut down to a cash rate of 3.60 per cent.

ANZ has also updated its cash rate forecast, tipping a cut next Tuesday, saying the move is “more likely than not”.

MORE NEWS: Sad finding amid wild Aussie bank rate cut call

Source: Canstar

It still expects a total of three RBA cuts to come, however, it has shifted the timing of the following two cuts to August and then the first quarter of 2026 (previously it was July and August).

For an owner-occupier with a $600,000 debt and 25 years remaining on the loan, a 0.25 percentage point RBA cut could see monthly repayments drop by $91, assuming the banks pass it on in full to existing variable rate borrowers.

The post 15 lenders cut home loan rates ahead of RBA meeting appeared first on realestate.com.au.

May 16, 2025/0 Comments/by JKents
https://www.juliankent.com/wp-content/uploads/2025/11/logo.png 0 0 JKents https://www.juliankent.com/wp-content/uploads/2025/11/logo.png JKents2025-05-16 12:02:512025-05-16 12:02:5115 lenders cut home loan rates ahead of RBA meeting

Selene appoints new President and Chief Strategy Officer to drive next phase of growth

Selene, a provider of industry leading loan servicing, diligence and title solutions, today announced the appointments of Jocelyn Martin-Leanoas President, Selene Finance and Doug Whittemore as Chief Strategy and Growth Officer for all Selene Holdings’ business lines, effective immediately. In these roles, Martin-Leano will oversee all Selene Finance operations and Whittemore will focus on Selene’s product development and company growth, as well as client and industry relations.

Martin-Leano most recently served as President of Rushmore Loan Management, where she led the growth and operational transformation of the servicing business. Her career includes leadership roles as COO of Genworth US Mortgage Insurance and President of Irwin Home Equity Corp, a home equity bank subsidiary. She has guided firms through various business cycles from start-ups through M&A.

“I am delighted to welcome both Jocelyn and Doug to Selene,” said CEO Joe Davila. “Jocelyn is a renowned and respected leader in the mortgage services industry. She has an impressive background in scaling businesses, driving innovation and delivering results in complex, highly regulated environments. Jocelyn’s expertise in leading the growth and operational transformation of servicing businesses will be a tremendous asset to Selene as we continue to build on our solid foundation and drive the innovation and high performance our clients and customers value.”

Whittemore brings 25 years of experience leading strong-performing teams, including roles at U.S. Bank, JPMorgan Chase, Mr. Cooper and Citibank, where he led major strategic initiatives across both domestic and international markets.

“Doug, a seasoned veteran in the industry, brings over two decades of leadership experience in mortgage banking, default servicing operations and strategic growth. His experience leading major strategic initiatives will play a crucial role in Selene’s continued advancement in innovation to meet the needs of today’s market and tomorrow’s opportunities.”

“Jocelyn and Doug are powerhouse additions to the senior leadership team at Selene,” Davila added. “The combination of these two talented leaders signifies an exciting time in the evolution of Selene as we embrace the outstanding opportunities to grow and to better serve our clients.”

Martin-Leano served as Chairperson of the National Mortgage Servicing Association, an influential industry trade group, from 2022-2024. She also received the 2024 Five Star Lifetime Achievement Award and was named an Industry Titan by National Mortgage Professional Magazine.

Whittemore served on the boards of the Veterans Financial Services Advisory Council and the Five Star Institute Editorial Board. He is also the co-founder of The Ruth Cheatham Foundation, a nonprofit dedicated to supporting adolescent cancer survivors through scholarships and educational programs.

About Selene

Selene delivers dynamic and extraordinary solutions tailored to maximize investments in homeownership, through its subservicing, diligence and title services.

Founded in 2007 to provide creative loan-resolution strategies, Selene has evolved to become a top tier mortgage subservicer and diligence company, who provides services to both the performing and non-performing loan market.

Selene focuses on multiple product capabilities that include new originations, reperforming loans and non-performing loans for government agencies, private investors and loan originators. Selene’s platform is centered around proprietary technology, an experienced management team and a focus on mitigating losses while ensuring a seamless borrower experience.

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May 16, 2025/0 Comments/by JKents
https://www.juliankent.com/wp-content/uploads/2025/11/logo.png 0 0 JKents https://www.juliankent.com/wp-content/uploads/2025/11/logo.png JKents2025-05-16 12:02:512025-05-16 12:02:51Selene appoints new President and Chief Strategy Officer to drive next phase of growth

Manhattan median rent spiked 6 percent to $4,500 in April

Renters signing new leases in Manhattan last month likely experienced sticker shock from sharply higher rents. Median rent for the borough was up nearly 6 percent compared to a year ago, and at least a quarter of renters were willing to pay more than landlords were asking to land their apartments.

The New York City rental market continues to see increased competition for apartments from would be-buyers who got cold feet about mortgage rates, the economy, and the impact of President Donald Trump’s new tariffs—and that competition is fueling higher rents.

Manhattan median rent rose 5.9 percent to $4,500 last month compared to $4,250 in April 2024, representing a new record for the second time in three months, according to the latest edition of the Elliman Report for the Manhattan, Brooklyn, and Queens rental markets.

“New York City is seeing more growth in rents than the rest of the country,” said Jonathan Miller, president and CEO of appraisal firm Miller Samuel and author of the report. He attributed this to mortgage rates stuck at high levels and the inflationary impact of tariffs, which is leading more New Yorkers to put off buying and rent instead, a trend that NYC has seen since the Federal Reserve began raising interest rates.

Interest rates were predicted to drop this year and buyers were expected to make their move back into the sales market. “But it became clear in the beginning of the year that this was an unreasonable expectation,” Miller said. The economy was rattled by President Trump’s tariff announcements and in February, Manhattan rents hit an “unusual” all-time high.

“Normally we don’t see all-time highs in the winter. It makes me think we’re going to see more records,” Miller said.

Despite Manhattan’s high rents, leasing activity was elevated. New lease signings rose annually for the 13th time, increasing 4 percent over April 2024. “We continue to be surprised by leasing activity at higher rents,” Miller said.

Bidding wars were involved in roughly one in four new leases last month, a ratio reflected across all apartment sizes and all price segments of the rental market, he said.

Also surprising is how much more renters are willing to pay on top of what landlords are asking: The average additional amount is 11.8 percent, Miller said. Over the last year, that premium has ranged from 8 to 12 percent, he added.

Paying more per square foot in Brooklyn

Rents per square foot in Brooklyn rose to the second-highest level on record, increasing 6.6 percent to $59.44, according to the Elliman Report. Lease signings were up 7.8 percent and listings increased a whopping 46.3 percent over a year ago.

Median rent, however, was unchanged from a year ago at approximately $3,600.

Queens nearly catches up to Brooklyn

In Queens, all rent metrics showed sharp increases last month, as per the Elliman Report. Median rent increased year over year for the fourth time, rising 9.4 percent to $3,550—just $50 less than Brooklyn.

New lease signings and listings climbed above year-ago levels.

More opportunities in Brooklyn

The Corcoran Group also released its Manhattan and Brooklyn rental reports for April. 

Gary Malin, COO of Corcoran, commented on the advantage held by Brooklyn apartment hunters.

“While conditions in both boroughs remain frustrating for would-be tenants, the data shows that conditions seem to be slightly less challenging for those looking in Brooklyn, most notably in regard to inventory,” Malin said.

“My consistent advice to renters is to keep an open mind when seeking a new home. There are opportunities around every corner in New York, and those who are willing to be flexible and realistic about their ‘wants’ versus ‘needs’ are often rewarded,” he said.

Luxury buyers pause in rentals

Luxury buyers are increasingly becoming luxury renters instead, at least temporarily. That’s supported by a new report from real estate analytics firm UrbanDigs, which found that high-end buyers who would typically be in the market for properties from $4.5 to $6 million are opting to rent instead, signing leases for $20,000 to $25,000 per month.

From January through April, 300 ultra-luxury NYC units were rented, an increase of 30 percent over last year. These buyers are “pointing to stock market swings, questions around future property values, and wider economic pressures like tariffs,” said Bill Kowalczuk, a broker at Coldwell Banker Warburg.

Becki Danchik, a broker at Coldwell Banker Warburg, said that a high-end client she was working with “ultimately stopped looking to buy due to economic factors.” The client thought “it would be a better financial decision to save money right now and rent.”

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May 16, 2025/0 Comments/by JKents
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