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INDUSTRY NEWS
US sellers optimistic about housing market despite high interest rates
Most homeowners looking to sell their properties this year are confident they will get their asking price or more, despite challenging market conditions.
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INDUSTRY NEWS
Retail sector poised for growth as investor confidence returns
The Australian retail property sector is showing strong signs of recovery with investment volumes rebounding and growth expected in 2025.
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Celebrity Homes
Comedian Celeste Barber sells her Central Coast home for $1.045 million
International comedian Celeste Barber and her husband Api Robin have sold their Central Coast home for $1.045 million, nearly doubling their initial investment after purchasing the property for $565,000 in 2014.
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INDUSTRY NEWS
Worldwide data centre market set to reach US$4 trillion by 2030
The worldwide data centre market is experiencing unprecedented growth, with projections indicating it will reach US$4 trillion by 2030, growing at a compound annual rate of 18 per cent.
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INDUSTRY NEWS
Australia facing GFC-level rental price hikes
Australia's rental market is experiencing price increases not seen since the Global Financial Crisis, with projections indicating more pain ahead for renters across the country.
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INDUSTRY NEWS
US real estate agents urged to diversify as TikTok faces uncertain future
TikTok has received a 75-day extension to comply with US regulations requiring the platform to either sell its operations or face a nationwide ban, creating uncertainty for real estate professionals who rely on the platform for marketing.
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Celebrity Homes
Iconic ‘Full House’ San Francisco home sells for US$6 million
The famous San Francisco home featured in the hit '90s sitcom "Full House" has changed hands for US$6 million, marking another chapter in the property's storied history.
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INDUSTRY NEWS
New listings surge in Sydney and Melbourne
Property listings across Australia have shown strong growth with national new listing volumes increasing 6.1 per cent in March compared to the same period last year, despite a slight monthly decline.
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INDUSTRY NEWS
Australian retail vacancy rates decline as market shows resilience
Australia's retail property market continues to strengthen with vacancy rates falling to 4.7 per cent in December 2024, down from 5.5 per cent a year earlier.ย
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INDUSTRY NEWS
Australian home values spike 39 per cent over five years
National home values have climbed 39.1 per cent over the past five years, adding approximately $230,000 to the median dwelling value despite falling short of previous boom periods.
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FRANCHISE NEWS
Michael Wood named The Agency Victoria GM of Sales
The Agency has appointed highly acclaimed real estate professional Michael Wood, as General Manager of Sales at The Agency Victoria in a hands on role leading the fast growing business.
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INDUSTRY NEWS
US warehouse sector faces pressure amid trade tensions
Trade war concerns are sending shockwaves through the warehouse and logistics real estate sector in the US, with major players seeing significant stock declines in recent months.
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INDUSTRY NEWS
Japanese investors dominate Australian office market with $600m Sydney purchase
Japanese property investors continue to lead the Australian commercial property market with Daibiru Corporation acquiring a premium Sydney tower for approximately $600 million, marking the largest office transaction of the year.
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INDUSTRY NEWS
Rental growth slows but landlords still hold the upper hand
Australia's rental market is showing signs of cooling with growth hitting a four-year low, though landlords remain firmly in control across all capital cities.
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Celebrity Homes
Rosie O’Donnell sells NYC penthouse at significant loss after relocating to Ireland
Comedian Rosie O'Donnell has finally found a buyer for her New York City penthouse after nearly two years on the market, taking a substantial financial hit in the process.
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INDUSTRY NEWS
Home prices reach record high after February rate cut
National home prices have climbed to a record high in March, continuing their upward momentum following the Reserve Bank's February interest rate cut.
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INDUSTRY NEWS
Experts predict RBA to hold cash rate in April
Almost all experts believe the Reserve Bank of Australia will maintain the cash rate at 4.10 per cent in April, despite growing pressure for further cuts to ease mortgage stress.
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INDUSTRY NEWS
Easter-ANZAC holiday period creates prime selling window for vendors
The rare alignment of Easter and ANZAC Day within a single week this year presents an exceptional opportunity for vendors to attract serious buyers.
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Celebrity Homes
Kanye West’s former Malibu mansion listed for US$39 million
A beachfront Malibu property once gutted by rapper Kanye West has returned to the market with a US$39 million price tag while still undergoing extensive renovations.ย
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INDUSTRY NEWS
Co-working spaces are booming and profits are growing
Australia's flexible workspace industry is experiencing strong growth with operators reporting increased revenue, rising profitability, and high confidence levels.
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Movers and Shakers
NRL legend Alan Tongue launches real estate career with LJ Hooker
Former Canberra Raiders captain Alan Tongue has joined LJ Hooker Country Canberra, working alongside his former teammate Troy Thompson.
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Movers and Shakers
Prash Nayar claims back-to-back WA auctioneering titles
Prash Nayar has successfully defended his title as Western Australia's top auctioneer at REIWA's 2025 Gift of the Gavel Auctioneering Championships, with his protege Revandy Rasyad taking the novice title.
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FRANCHISE NEWS
Hardeep Singh: A decade of dedication in Casey
Hardeep Singh believes success in real estate comes down to three simple principles: concentration, focus, and hard work.
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INDUSTRY NEWS
Federal Budget addresses housing crisis but more action needed
The Albanese Government's pre-election budget has made positive steps toward addressing Australia's housing crisis, though experts suggest that more needs to be done.
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INDUSTRY NEWS
Investor loans spike nationwide as NSW hits record high
Investor loans have jumped 22 per cent across Australia over the past year, more than tripling the growth rate of owner-occupier loans according to a new report.
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Celebrity Homes
Mark Wahlberg’s former Beverly Hills mansion returns to market for US$68 million
The European villa-style estate built by actor Mark Wahlberg in Beverly Hills is back on the market with a significantly higher price tag just two years after changing hands.
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Celebrity Homes
Todd McKenney buys $2m Fitzroy warehouse conversion
Stage and screen performer Todd McKenney has made a big lifestyle change, purchasing a $2.035 million warehouse conversion in Melbourne's trendy Fitzroy after selling his Sydney home.
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INDUSTRY NEWS
Labor expands “Help to Buy” scheme to reach more homebuyers
The federal government will significantly expand its "Help to Buy" shared equity housing scheme in the Federal Budget, raising both income and property price caps to make the program accessible to more Australians.
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INDUSTRY NEWS
Andrew Friebe returns to Harcourts as Queensland CEO
Andrew Friebe has been appointed as the new CEO for Harcourts Queensland, returning to the brand after previously serving in senior roles within the organisation.
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INDUSTRY NEWS
Nine in talks to sell Domain stake to US real estate giant
Media reports have suggested Nine Entertainment has entered negotiations to sell its controlling stake in Domain to US real estate conglomerate CoStar, with a potential price tag significantly higher than CoStar's initial offer.
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Celebrity Homes
Iconic Neighbours filming location hits the market
A stunning Sassafras property that has served as a filming location for the popular TV show Neighbours and various movies has been listed for sale, offering a rare opportunity to own a piece of Australian television history.
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