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INDUSTRY NEWS
Foreign investor exodus threatens Australia’s housing targets
The Housing Industry Association (HIA) has warned that Australia is at risk of missing its target to build 1.2 million new homes over five years unless policies that discourage foreign investment are reversed.
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Celebrity Homes
Ben Affleck and Jennifer Garner’s star-studded former home sells fast and above asking
Ben Affleck and Jennifer Garner’s old love nest just sold for $10.8 million (AUD $16.4 million) — and it’s got more star power than a red carpet. Tucked away in Brentwood, the 1929 Montecito-style stunner comes with fireplaces galore, a guest house, secret patios, and even a film credit in Home Again.
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INDUSTRY NEWS
Auction market rebounds after long weekend disruption
Australia’s auction market showed signs of renewed strength last week, with clearance rates and volumes rebounding after the disruption caused by the King’s Birthday long weekend. The latest figures from Cotality highlight a lift in both activity and success rates across the combined capital cities, led by strong performances in Melbourne and Sydney.
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INTERNATIONAL
Former Bath rugby player Iestyn Lewis poised to sell £750m property portfolio
Former Bath rugby player Iestyn Lewis is close to sealing a £750 million (AU$1.4 billion) deal to sell his student housing portfolio—while staying on to manage the assets. The deal marks a major payday for the self-made developer, who launched Rengen from his dining room table in 2006.
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Celebrity Homes
Inside Bob Newhart’s US$10.5M townhouse and the Hollywood story behind it
A rare chance to own a piece of TV history has emerged in Los Angeles, with the late Bob Newhart’s Century City townhouse now on the market for $10.5 million USD (approx. $15.75 million AUD).
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INDUSTRY NEWS
Unions NSW pushes for Airbnb levy to fund essential worker housing amid rental supply strain
Unions NSW is calling on the NSW Government to introduce a levy on short-term rental platforms like Airbnb, following the release of a parliamentary report that warns of a growing housing crisis for essential workers.
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INDUSTRY NEWS
Rate cuts back on the table: what Westpac’s surprise forecast means for real estate
After months of market uncertainty, real estate agents may finally have a new talking point for buyers on the fence. In a move that caught many by surprise, Westpac has doubled its rate cut forecast, offering a glimmer of relief for mortgage holders.
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FEATURE INTERVIEWS
Real estate leaders recognised in King’s Birthday 2025 Honours List
Several respected figures from Australia’s real estate sector have been officially recognised in the King’s Birthday 2025 Honours List, celebrating their contributions to the industry and broader community.
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Celebrity Homes
Richard Simmons’s iconic LA estate lists for US$7 million one year after his death
One of Hollywood’s most recognisable fitness personalities, the late Richard Simmons, is making headlines once more—this time in real estate. The colourful Neoclassical estate he called home for over 40 years has just hit the market for USD $7 million (approx. AUD $10.5 million), offering a rare glimpse inside the private world of a man who helped millions get moving.
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Celebrity Homes
Stuntman to the stars lists beachfront family retreat
Veteran Australian stunt co-ordinator and director Jimmy Christiansen has listed his coastal sanctuary at Oak Beach, near Port Douglas, after relocating to the Gold Coast with his family for work commitments.
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INDUSTRY NEWS
Local buyers step up as global property markets reset
As global governments tighten tax rules and investment restrictions, a clear trend is emerging across international real estate: local buyers are taking the lead where offshore interest once dominated. In both London and Australia, this shift is unlocking rare opportunities in high-end postcodes, reshaping the playbook for agents and developers alike.
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INDUSTRY NEWS
Apartments outperform houses as buyers shift priorities
New data shows apartment markets across Australia outpacing house price growth.
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INDUSTRY NEWS
National mean dwelling price tops $1 Million for the first time
Australia’s residential property market has hit a new milestone, with the national mean dwelling price surpassing $1 million for the first time.
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FEATURE INTERVIEWS
Real estate’s straight shooter: Paul Neshausen on money, marketing, and saying what others won’t
After walking away from a high-paying corporate role with no backup plan, Paul Neshausen didn’t just change careers, he reinvented himself entirely. With no experience in real estate and no listings to his name, he backed his instincts, ignored industry cliches, and landed one of the most extraordinary first clients you’ll ever hear about. Now, he’s Barfoot & Thompson’s top-performing…
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INTERNATIONAL
NAR scraps controversial ‘no-commingling’ rule
The National Association of Realtors (NAR) in the US has officially overturned its “no-commingling” policy—a move that’s gaining international attention as regulators and digital platforms continue to reshape real estate data practices.
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FEATURE INTERVIEWS
Four decades of doing things differently: inside TOOP+TOOP’s enduring success
Most real estate agencies don’t make it to 40 - but TOOP+TOOP isn’t most agencies. From late-night signboard experiments to in-house coders and a firm “no bots allowed” policy, this Adelaide outfit has spent four decades doing things its own way. Here's how a family business turned legacy player is still rewriting the rules.
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INDUSTRY NEWS
Reuse over rebuild: why the property industry is rethinking what adds value
A powerful coalition of architects, developers, planners and academics is calling for a national rethink on the way Australia approaches buildings — urging governments, investors and the property sector to prioritise the reuse of existing structures over demolishing and starting again.
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INDUSTRY NEWS
Dubai’s digital property play: What Australia’s agents should know
Dubai has made headlines after its first tokenised real estate offering was fully funded within a single day — and it could be a sign of what's next in property investment globally.
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Celebrity Homes
Star of ‘Farmer Wants a Wife’ hits the market: historic Kurrajong estate up for auction
A romantic slice of Australian television history is officially on the market—with a starring role on Farmer Wants a Wife and more than 160 years of stories behind its walls, ‘Plynlimmon’ is now looking for its next custodian.
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INDUSTRY NEWS
Queensland property market defies expectations with five-year growth
Queensland’s property market has delivered another solid quarter of growth, adding to a five-year stretch that has reshaped the state’s housing landscape and seen prices in some regions double.
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FEATURE INTERVIEWS
“It’s about legacy, not just property”: Henry Wong on why Asian buyers are shaping Australia’s real estate future
Asian buyers have become a major force in the Australian property market—often purchasing without finance, competing at the top end, and thinking across generations. But tapping into this wealth requires more than just a good listing and a few translated flyers. REMAX agent Henry Wong shares what agents need to understand about family structures, cultural nuances, and the trust-based networks…
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INDUSTRY NEWS
Builders keep Oz economy standing – but for how long?
Australia’s economic engine is losing steam, but it’s the nation’s builders who are keeping it upright—for now.
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INDUSTRY NEWS
Homeowners stick with banks as internal refinancing hits record high
A record number of Australian homeowners are choosing to refinance their loans with their existing banks rather than switching lenders, with internal refinancing now accounting for more than a third of all mortgage refinances.
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INTERNATIONAL
Office conversions fuel new housing supply in major US cities
The push to convert under-utilised office buildings into residential units is gaining momentum across the United States, with major cities ramping up policies and incentives to encourage redevelopment in the face of ongoing housing shortages and sluggish commercial office demand.
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Celebrity Homes
Billy Joel lists his Long Island mega-estate (again) for $45 Million, and it comes with a piano-shaped pool
Billy Joel is once again trying to sell his sprawling Long Island estate, putting the Centre Island property known as Middle Sea back on the market for USD $29.9 million (around AUD $45.2 million).
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INTERNATIONAL
Millennials buck trend with rising interest in homebuying despite mortgage rate pressures
While the broader US population remains hesitant about real estate transactions amid high mortgage rates, Millennials are showing renewed interest in homeownership, according to a new survey from Realtor.com.
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INDUSTRY NEWS
Selling the dream: How travel perks are helping close prestige deals
“More than a home, it’s a passport”: ThirdHome gains ground in Australia and New Zealand luxury markets
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Elite Agent
Vennu wins 2025 Top of the Props pitch battle
Seven PropTech startups from across Australia and New Zealand went head-to-head in a live pitch battle on the Gold Coast, with one standout business taking home the top prize and industry recognition from a panel of expert judges.
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INDUSTRY NEWS
RBNZ cuts rates again
The Reserve Bank of New Zealand has cut the Official Cash Rate (OCR) by 25 basis points to 3.25 per cent, marking its sixth consecutive reduction in the current cycle.
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FEATURE INTERVIEWS
Top agents list more than 60% of properties. Here’s what they have in common
In an industry built on optimism and driven by results, real estate has long traded on the appeal of the fast start and meteoric rise. But new research from Jordan Tormey, Strategy Analyst at the Ray White Group, paints a more grounded and arguably more sustainable picture of what long-term success in real estate actually looks like.
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INDUSTRY NEWS
Energy-Efficient homes prove a hot commodity in 2025, fetching up to 14.5% more
As households contend with escalating living costs and energy bills, new research from Domain reveals that energy-efficient homes are not only delivering day-to-day savings, but also fetching significant price premiums at sale.
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Celebrity Homes
Christina Ricci lists home amid family crisis following LA wildfires
Actress Christina Ricci is parting ways with her architectural Silver Lake, Los Angeles home, listing the property for $4.175 million (approx. AUD $6.26 million).
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FEATURE INTERVIEWS
Why Suzanne Brown has flipped the script to treat tenants like VIP clients
Suzanne Brown, Director of Rentwest Solutions and President of the Real Estate Institute of Western Australia (REIWA), doesn’t believe tenants should be treated as an afterthought. In fact, she sees them as future buyers, landlords, and long-term clients, and treats them accordingly.
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Celebrity Homes
Stevie Wonder’s Calabasas home on the market for US$15 Million
The modern Mediterranean-style Calabasas estate once shared by music legend Stevie Wonder and his former wife, clothing designer Kai Milla-Morris, has been listed for sale at $15 million (approx. A$22.8 million).
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Celebrity Homes
Game, set, sell: tennis star Nick Kyrgios lists Sydney penthouse
The three-bedroom, two-bathroom apartment—perched atop the award-winning Capella building in Kensington, is being offered with a price guide of $1.8 million.
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