{"id":19856,"date":"2019-07-02T17:34:58","date_gmt":"2019-07-02T05:34:58","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=19856"},"modified":"2019-07-02T17:34:58","modified_gmt":"2019-07-02T05:34:58","slug":"purplebricks-australian-property-listings-shrink-to-just-800-homes-for-sale","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/purplebricks-australian-property-listings-shrink-to-just-800-homes-for-sale\/","title":{"rendered":"Purplebricks Australian property listings shrink to just 800 homes for sale"},"content":{"rendered":"<p>&nbsp;<\/p>\n<p><strong>PHOTO:\u00a0Purplebricks\u00a0<\/strong><\/p>\n<p>There are just 800 listings\u00a0remaining on the Purplebricks website.<\/p>\n<p>It was at around 1000 a fortnight ago, as vendors depart the UK-based disruptor for local estate agents.<\/p>\n<p>The\u00a0<a href=\"https:\/\/www.purplebricks.com.au\/search\/property-for-sale#?q&amp;location=&amp;page=1&amp;searchType=ForSale&amp;sortBy=2\" target=\"_blank\" rel=\"noopener\">remaining 800 offerings<\/a>\u00a0range from around $2.9 million to $3.2 million at\u00a030 Boundary Road, Narre Warren East (pictured above), a four bedroom, three bathroom house set on 6.47 hectares\u00a0to $30,000 for Lot 30 Melvin Terrace, Pinery.<\/p>\n<p>The 1012 square metre Pinery holding has been unsuccessfully offered to market multiple times over the past six years, with the asking price reaching $133,270\u00a0from 2014 &#8211; 2016.<\/p>\n<p>According to their website, around 85 agents are still on deck.<\/p>\n<p>In early May, Purplebricks Australia announced its intention to exit the Australian market.<\/p>\n<p>Despite the newly-installed CEO Neil Tavender and Kenny Bruce having overhauled the pricing model, so that half the fee was paid upfront and half on completion of the sale, Purplebricks have been forced to abandon the Australian market.<\/p>\n<p>READ MORE VIA <a href=\"https:\/\/www.propertyobserver.com.au\/forward-planning\/investment-strategy\/property-news-and-insights\/100591-purplebricks-australian-property-listings-shrinks-to-just-800-homes-for-sale-2.html\">PROPERTY OBSERVER<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; PHOTO:\u00a0Purplebricks\u00a0 There are just 800 listings\u00a0remaining on the Purplebricks<span class=\"more-link\"><a href=\"https:\/\/propertynoise.co.nz\/au\/purplebricks-australian-property-listings-shrink-to-just-800-homes-for-sale\/\">Read More &rarr;<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":18073,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[461747081],"tags":[478098512,478104753,478098521,478100645,478100950,478098513,478101743,478099125,478098579,478098510,478098514,478099365,478100643,478098511,478098705,478098533,478098509,478106084],"class_list":["entry","author-data123nz","post-19856","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australian-property-real-estate-news","tag-australia","tag-australian-market","tag-australians","tag-kenny-bruce","tag-neil-tavender","tag-property","tag-property-correction","tag-property-crash","tag-property-market","tag-property-news","tag-propertynoise","tag-purplebricks","tag-purplebricks-australia","tag-real-estate","tag-real-estate-agency","tag-real-estate-agent","tag-real-estate-news","tag-uk-based-disruptor"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - 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