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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

Industry News

Property market was a rollercoaster in 2022

From a once-in-a-generation property boom to a clear downturn, Australia’s property market has been a rollercoaster in 2022.

News

Commercial property in regional Australia to outperform

Commercial property in regional Australia is set to benefit from the changing demographics experienced during Covid with Queensland…

News

Explore Property opens another office to finish the year

With Whitsundays, Mandurah, Augusta and now Atherton Tablelands on board Explore Property continue its emergence through 2022.

Industry News

Refinancing burst takes off as rates rise

More Australians are refinancing their home loans at greater rates and for larger amounts on the back of…

Industry News

Big Four banks quick to pass on interest rate rise

Well, that didn’t take long. Just a few hours after the Reserve Bank lifted the cash rate 25…

Celebrity Homes

Ariel Winter leaves LA for a quieter life

Modern Family star Ariel Winter has traded in her LA farmhouse for a near-new Nashville home in a…

News

REIV calls on re-elected State Government to act on stamp duty reform

Disappointed that the real estate sector still doesn’t have a dedicated ministerial portfolio, the Real Estate Institute of…

News

Adelaide and Brisbane to be the strongest performers in 2023

The smaller capital city markets of Adelaide and Brisbane are set to be the top-performing property markets of…

News

Jarrod O’Neil joins The Agency in WA

One of Western Australia's top real estate agents and recently crowned REIWA Grand Master for 2021/2022, Jarrod O'Neil,…

News

Auction clearance rates hit a seventh-month high

Auction clearance rates have bounced back to a seventh-month high as vendors are now more prepared to meet…

News

New home lending falls to lowest level in three years

New home lending has fallen to the lowest level in three years as industry experts believe it's time…

News

Auction volumes drop across Sydney in November but sentiment starting to change

Sydney auction volumes have halved compared to this time last year as uncertain vendors have moved across to…

Celebrity Homes

Mark Wahlberg relists Beverly Park mega-mansion at a lower price

Mark Wahlberg has relisted his luxury Beverly Park mansion and is looking at taking a US$8 million haircut…

News

Cash rate expected to rise again on Tuesday

The odds of another cash rate rise at this month’s Reserve Bank of Australia (RBA) meeting remain high,…

News

Vacancy rates hold steady in November

Vacancy rates across the country remain at record low levels, holding steady at 0.8 per cent according to…

Elite Agent TV

First metaverse residential skyscraper takes shape

The first metaverse residential skyscraper is officially under construction as virtual real estate continues to grow in popularity.

News

Record low rental affordability puts low-income earners under severe rental stress

Surging rents and low vacancy rates are putting an increasing number of households under rental stress, with low-income…

News

Queensland housing crisis action plan revealed

A multimillion dollar cash injection to help struggling tenants stay in their homes, along with an audit of…

News

UrbanX named 24th fastest growing new company in Australia by AFR 

Revolutionising an industry is no easy task but it’s a challenge that UrbanX has taken on. And they…

Industry News

Property values fall for seventh consecutive month

Property values have dropped more than $50,000 since their peak in April according to the latest CoreLogic Home…

Industry News

Home prices fell in November as rates pressure buyers

Interest rate pressure is contributing to the “downward trend” in home prices, with new data showing values declined…

News

The Agency expansion gathers momentum with Rockhampton launch

National real estate group The Agency has continued its expansion in Queensland, launching an office in Rockhampton.

Commercial

Long-term commercial investments still performing well

Despite rising interest rates and slowing growth in 2022, commercial property has continued to perform strongly over a…

News

Otago named Australia’s most family-friendly suburb

It’s getting easier for homebuyers to get into family-friendly suburbs as more stock comes onto the market according…

News

Prime residential price growth to slow in 2023

Prime residential property prices in Sydney and Melbourne are expected to remain flat next year, after performing well…