-
COMMERCIAL
Demand for CBD office space slowly returns
Demand for office space remains solid as tenants slowly return to CBDs across the country.
Read More » -
INDUSTRY NEWS
Falling investor lending to put pressure on renters
The rate of growth of new home loans to investors is slowing which could make it harder for tenants to find rental properties according to an expert.
Read More » -
INDUSTRY NEWS
Fairlight cottage tipped to go from $3000 to more than $3 million
A Circa 1910 cottage that cost just $3000 about 60 years ago is now on the market with a price guide of $3.7 million.
Read More » -
Commercial Real Estate
Sub-$2 million commercial market to remain strong
Commercial property valued under $2 million is likely to remain in demand, despite rising interest rates reducing the pool of buyers.
Read More » -
INDUSTRY NEWS
Perth defies national trend as house prices continue to rise
Perth property prices have been able to buck the national trend and record a rise in values last month.
Read More » -
BTW
Barry Plant Group opens four new offices
The offices are all expansions from existing Barry Plant business owners and are not re-brands. The announcement: Victorian real estate group, Barry Plant, has added four more offices over the last two months. All new offices are expansions from business owners already within the group. While the group is always willing to welcome a good business to their network, Barry…
Read More » -
Celebrity Homes
Paris Jackson buys rustic Hollywood Hills retreat
Michael Jackson’s only daughter, Paris Jackson has sold the first house she ever owned and is relocating to the Hollywood Hills, after purchasing a US$3.8 million cabin.
Read More » -
INDUSTRY NEWS
New Zealand property prices fall at fastest pace since the GFC
Property prices across New Zealand have continued to fall, with the rate of decline now at the same level as seen during the Global Financial Crisis.
Read More » -
INDUSTRY NEWS
Lenders pricing for risk with rate discounts
Lenders are rewarding borrowers with lower Loan to Value Ratios (LVRs) by offering reduced interest rates.
Read More » -
BTW
McGrath expands in Sydney’s north west
McGrath Estate Agents has announced its expansion across the Ryde local market in Sydney’s north-west.
Read More » -
Elite Agent
Ray White establishes local presence in Jacobs Well
Ray White's Peter Catanzariti has opened Ray White Jacobs Well, his fourth office on the northern Gold Coast corridor.
Read More » -
INDUSTRY NEWS
South Australian property continues to buck the trend
The South Australian property market continues to show “resilience”, extending its record-breaking run of quarterly price increases.
Read More » -
COMMERCIAL
Adaptive reuse of old buildings on the rise across Australia
The redevelopment of old buildings across Victoria is starting to gather steam as developers look to find creative ways to utilise older buildings that have outlived their purpose.
Read More » -
BTW
Ray White opens in Sydney’s Ashfield
Real estate experts and brothers Michael and Andrew Simpson have partnered their third generation family business with Australia's largest real estate agency, Ray White.
Read More » -
INDUSTRY NEWS
Renters being forced to give up pets to find a home
Renters are being forced to choose between keeping their pets and being able to find a place to live, with hundreds giving up their pets each year.
Read More » -
INDUSTRY NEWS
ANZ cuts new customer variable rates by up to 0.50 per cent
Despite the Reserve Bank of Australia hiking the official cash rate and fixed rate loans rising, ANZ has come out and cut new customer variable rates by up to 0.50 per cent.
Read More » -
INDUSTRY NEWS
WA investors to sell up if tenancy laws change
More than half of WA property investors would consider selling their rental properties should significant changes be made to WA tenancy laws.
Read More » -
BTW
Luke Banitsiotis claims his third REIV Senior Auctioneer of the Year title
REIV has crowned Luke Banitsiotis as Senior Auctioneer of the Year third time running.
Read More » -
INDUSTRY NEWS
Units outperform houses as buyers hunt for value
Buyers are on the lookout for more affordable housing options as rising interest rates make units more appealing.
Read More » -
INDUSTRY NEWS
RBA a “near certainty” to raise rates next week
Australia’s hottest rate of inflation in 21 years means the Reserve Bank of Australia is a “near certainty” to hike the official cash rate 0.5 per cent on Tuesday, according to experts.
Read More » -
BTW
REIA says perspective required in interpreting CPI
The RBA's July meeting indicates that inflation is expected to peak later in 2022 and then decline back towards the 2 to 3 per cent range in 2023.
Read More » -
INDUSTRY NEWS
Home prices to fall 5 per cent by end of the year
Rising interest rates could see property prices drop by up to 5 per cent between now and the end of the year, according to a new report.
Read More » -
BTW
Local team reopen Ray White Chelsea
The Ray White Chelsea office closed late last year, but Ray White’s strong reputation in the area is what attracted Mr O’Sughrue and Mr Aldinger to reopen the business. The Announcement: Living and raising their families in the Chelsea area, real estate experts Shane O’Sughrue and James Aldinger are using their expertise to reopen Ray White Chelsea. The group’s Chelsea…
Read More » -
BTW
REIQ delivers $70K worth of flood support
The Real Estate Institute of Queensland also spearheaded a flood support auction on behalf of inCommunity and Beddown, which was supported with great prizes and money from sponsors. The Announcement: Member agents, partners, and sponsors of the Real Estate Institute of Queensland (REIQ) are proud to have delivered more than $70,000 worth of support in response to the February flood…
Read More » -
BTW
Going once, twice and 5000 times: Successful auctioneer marks an exciting milestone
Real estate veteran Paul Moore has just celebrated his 5000th auction for the LJ Hooker Group – and remarkably can recall every single sale thanks to keeping a detailed journal.
Read More » -
COMMERCIAL
Office market leads the way as commercial sales break new ground
Commercial property transactions set a record pace last financial year, with buyers taking advantage of the low interest rate environment.
Read More » -
INDUSTRY NEWS
New Zealand property prices face a test as interest rates rise and sales volumes fall
The New Zealand property market is going to face a “test” as rising interest rates and a wave of refinancing jolt the market in the next 12 months.
Read More » -
INDUSTRY NEWS
One in five first home buyers take a year to buy a property
Tight supply and rapidly rising prices has seen many first home buyers taking over two years to purchase a property.
Read More » -
INDUSTRY NEWS
Westpac and NAB predict two more 50bps rate hikes
Borrowers should brace themselves for “more rate pain”, as Westpac and NAB follow ANZ predicting the Reserve Bank of Australia will lift the official cash rate higher and faster than previously expected.
Read More » -
BTW
When ‘psychology of the sale’ takes on an all-new meaning
Melisha Du Preez credits her certainty in joining the Mackay RE/MAX team to her many years in the psychology.
Read More » -
COMMERCIAL
HTW: rising costs slowing industrial development
Rising construction costs and higher land values has slowed the initiation of new development across the industrial sector according to the latest Herron Todd White (HTW) Month in Review.
Read More » -
FRANCHISE NEWS
RE/MAX makes key appointment for rent roll growth
Well-known WA real estate professional Tracy Kriwopischin joined the RE/MAX Extreme team this month in a career move that draws on her property management expertise.
Read More » -
INDUSTRY NEWS
What kind of property will $700,000 buy you?
After two years of record price growth, there are still opportunities to find good value properties for under $700,000 around the country, according to the latest Herron Todd White (HTW) Month in Review.
Read More » -
BTW
New Belle Property office for the NSW Southern Highlands
Belle Property has announced the opening of its latest new office in the picturesque New South Wales Southern Highlands, helmed by well-known local real estate expert, Debbie Pearce.
Read More » -
BTW
Housing data reveals Sydney faces undersupply
A recent Sydney housing analysis from the Property Council of Australia and Gyde Consulting has found several districts of Sydney are struggling to deliver enough housing, adding concern to Australia's housing affordability crisis.
Read More »