News Room
If you have any news for the Real Estate industry - whether you are a professional or a supplier to the industry, please email us: newsroom@eliteagent.com
Bali hotspot Sanur is getting a luxury makeover
One of Bali’s original tourist spots is making a comeback with Sanur undergoing major gentrification and in the process developing new high-end luxury accommodation.
Young Australians live with their parents to save for a house deposit
The rising cost of living, including a lack of affordable housing, has changed the financial landscape for Australia’s…
Explore Property makes a move into WA
Queensland-based real estate network Explore Property has opened offices in Western Australia with experienced professional Belinda Chandler.
McGrath expands into Brisbane’s north
An accomplished team of 10 will be led by principals Alex Porter and Claire McGrath. Tamika Kent, a top-producing…
REA Group increases revenue as “heat” comes out of the market
REA Group has announced an increase in first quarter revenue thanks to strong listings, however, the outlook remains…
Another record-breaking year for pub sales
After a record-setting year for pub sales across NSW last year, 2022 is shaping up to be even…
Rex reveals new tools to generate leads and convert customers
Australian-based software company Rex has launched a streamlined IT solution for real estate agents to generate leads, convert…
Rate hikes slash home buyer’s budgets $214,000
The average family's borrowing capacity has shrunk by $214,600 as a result of seven months of interest rate…
Billionaire puts Brisbane’s tallest penthouse on the market
Brisbane’s tallest penthouse, standing 270 m high, has hit the market.
Digital signatures the most valuable tech tool for agents
Digital signatures, a lockbox and apps and technology that connect to listing portals, are the most important technology…
The 20 suburbs where property price growth is still on the cards
Burekup in south west Western Australia is ripe for future property price growth new analysis shows.
Ray White expands high performance team
Mortgage rates nearing APRA’s mortgage serviceability buffer
The sharp rise in the official cash rate has seen mortgage rates pushing up towards the Australia Prudential…
LJ Hooker opens a new office in one of Brisbane’s most established suburbs
LJ Hooker has further expanded its network in Brisbane opening a new office in the popular riverside suburb…
October clearance rates hit a seven-month high
Auction clearance rates bounced to a seven-month high across the combined capitals and volumes have risen as sellers…
Luke Need partners with UrbanX in Townsville
Need Property, founded by respected local Townsville agent Luke Need, has officially entered the market with streamlined, premium…
UrbanX introduces Pery Morrin Property
With the help of UrbanX, elite agents Steve Pery and Toby Morrin have launched Pery Morrin Property to…
Sweetest success for Queensland’s Small Residential Agency of the Year
Sunshine Coast agent Mark McGill is no stranger to winning real estate industry awards, but his latest accolade…
Perth most affordable for first home buyers
Perth is the cheapest location in Australia to buy a home with the outer suburbs representing good value…
Dr Dre lists his Malibu beach house for $20M
Music mogul Dr Dre is set to part ways with his long-held Malibu beach house, asking US$20 million…
Craig Pontey and Michael Finger move to McGrath
High-profile Double Bay agents, Craig Pontey and Michael Finger have officially moved over to ASX-listed McGrath after 35…
Scheme helps 1 in 7 first time buyers get foot in the door
With rising inflation and interest rate increases, REIA President Hayden Groves said any initiatives to assist Australians of…
Marketing Masterclass: What agents can learn from selling The Block’s House #3
The cultural phenomenon that is The Block took things up a notch this year, heading to the countryside…
REA Group makes the Best Workplaces for Women list
Great Place to Work has today named REA Group on Australia’s Best Workplaces for Women list for 2022.
Interest rates and lending buffer see investors stuck on the sidelines
The rapid increase in interest rates is continuing to weigh on property prices and is making it more…
RBA remains set on taming that troublesome inflation
Reserve Bank of Australia, Governor, Phillip Lowe is set to continue increasing the official cash rate in an…
Australian suburbs where days on market have increased the most
Units in Ballarat Central in Victoria have seen their selling time increase the most in the country, according…
Rising rates cool New Zealand property prices
Rising interest rates are continuing to put pressure on home prices in New Zealand, with the latest data…
RiTA picks up Industry Innovation Award for third consecutive year
RiTA, the AI-powered lead generation assistant for real estate professionals, has been recognised with the Industry Innovation Award…
South Coast local takes over Ray White Ulladulla
South Coast real estate expert, Steven Mason, has added Ray White Ulladulla to his suite of businesses, joining…
The commercial property that’s set to benefit from Federal Budget
The childcare and aged-care sectors are set to receive a boost after the Federal government committed to increasing…
Home price falls stabilise in October
National home prices recorded a small decline in October as values continue to stabilise.
Major banks tip cash rate will peak at 3.85%
Today's 0.25 per cent increase to the cash rate is less than two of the big banks predicted,…