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INDUSTRY NEWS
Brisbane homebuyers face $350,000 budget shortfall
Inner-city Brisbane homebuyers are facing a stark reality check with new research revealing a $350,000 gap between what they can afford and what's available on the market.
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INDUSTRY NEWS
NSW rental market remains in crisis as reforms take effect
The residential rental market in New South Wales continues to face severe challenges with vacancy rates hovering at historically low levels, signaling an ongoing crisis for tenants across the state.
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Celebrity Homes
Former Wallaby Jordan Petaia’s riverside home hits the market
Former Wallabies star Jordan Petaia has listed his Brisbane property for sale following his recent move to the United States to join NFL franchise the LA Chargers.
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Movers and Shakers
CBRE acquires Burgess Rawson to tap into private investor market
Global real estate giant CBRE has acquired Burgess Rawson's eastern seaboard operations, positioning itself to access the firm's established network of high-net-worth investors.
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INDUSTRY NEWS
NSW introduces landmark affordable housing reforms
The NSW government is implementing sweeping reforms to regulate affordable housing across the state, addressing significant loopholes in the current system.
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INDUSTRY NEWS
Property listings rise in May but remain below last year’s levels
New property listings across Australia increased 7.6 per cent in May compared to April, as the market rebounded following the Easter and Anzac Day holiday period,
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INDUSTRY NEWS
Rental relief as prices drop across Sydney suburbs
Sydney's rental crisis is showing signs of easing with more than a third of suburbs experiencing drops or freezes in rental prices over the past year.
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Celebrity Homes
Audrey Hepburn’s former Hollywood home hits market at US$10.9 million
A historic Brentwood property once rented by iconic actress Audrey Hepburn has been listed for sale at US$10.895 million after being held by the same owners for more than three decades.
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INDUSTRY NEWS
Half of Australians want household batteries with solar systems
Australia is experiencing a battery boom with one in two Australians looking to install household batteries alongside rooftop solar systems to maximize their savings, just ahead of the Federal Government's Cheaper Home Batteries Program launch on July 1, 2025.
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INDUSTRY NEWS
US luxury real estate market cools despite rising values
The US luxury housing market is experiencing a slowdown as both buyers and sellers take a cautious approach amid the ongoing economic uncertainty.
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Celebrity Homes
Former ‘High School Musical’ star’s LA home hits market for $4.375 million
Vanessa Hudgens's former Los Angeles residence has been listed for sale at US$4.375 million, marking the first time the property has returned to the market since the actress sold it in 2019.
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INDUSTRY NEWS
It now costs $2.52 million to buy a luxury home
The entry price for luxury homes in Australia has surged to $2.52 million, marking a dramatic 72 per cent increase from a decade ago when premium properties started at $1.49 million, according to new research.
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INDUSTRY NEWS
New Zealand property market remains sluggish
Property values across New Zealand edged down slightly in May, with mixed results across the country.
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INDUSTRY NEWS
Residential land prices hit record high amid supply shortages
Residential land prices have surged to a new record high as sales volumes plummet to their lowest level in over two decades, highlighting critical supply constraints in Australia's housing market.
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Celebrity Homes
John Goodman’s historic New Orleans mansion hits the market for US$4.75 million
A historic mansion in New Orleans' Garden District owned by John Goodman and with connections to multiple celebrities is now on the market for US$4.75 million, offering a rare opportunity to own a piece of the city's cultural heritage.
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INDUSTRY NEWS
Australian housing market on track for million-dollar medians nationwide
Australia's housing market is experiencing unprecedented growth that could see most capital cities reach million-dollar median house prices by the end of 2026, with Sydney potentially hitting a two-million-dollar median.
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INDUSTRY NEWS
Development site prices soar despite interest rate hikes
Development site prices have risen by more than 75 per cent since 2020 despite sharp interest rate increases, creating significant challenges for housing affordability in Australia, according to new research.
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INDUSTRY NEWS
Australian home prices hit new record as interest rates fall
National home prices have reached a new record high, rising 0.39 per cent in May to mark the fifth consecutive month of growth amid falling interest rates.
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INDUSTRY NEWS
US housing market shifts in favour of buyers
The US housing market has entered a buyer's market phase with nearly 500,000 more sellers than buyers currently active in the market, the largest imbalance on record.
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Celebrity Homes
Chris Evans lists Los Angeles home for $7 million as he heads east
"Captain America" star Chris Evans has put his longtime Los Angeles residence on the market for US$6.99 million as he prepares to relocate to the East Coast to be closer to family.
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Celebrity Homes
Facebook co-founder lists historic Hudson Valley estate for nearly $10 million
Facebook co-founder Chris Hughes has placed his historic Hudson Valley estate on the market for US$9.995 million, making it one of the most expensive properties available in the area.
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INDUSTRY NEWS
Auction activity surges ahead of King’s Birthday long weekend
Capital city auction volumes are set to reach their third highest level this year with 2,816 homes scheduled to go under the hammer this week, showing strong momentum before the upcoming long weekend.
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Celebrity Homes
Iconic filmmaker Stanley Kubrick’s former home hits the market
Stanley Kubrick's former Hertfordshire residence, where he created some of cinema's most influential works, has been listed for sale at £6.95 million ($13.34 million AUD).
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INDUSTRY NEWS
REIWA chief executive Cath Hart steps down after three years
Cath Hart has announced her resignation as chief executive of the Real Estate Institute of Western Australia (REIWA) after three years in the role.
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INDUSTRY NEWS
Labor’s super tax could force SMSF property investors to sell
Labor's proposed superannuation tax on balances over $3 million could create significant challenges for Australians holding residential investment properties through their Self-Managed Super Funds (SMSFs), potentially forcing sales and reshaping the property market.
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INDUSTRY NEWS
New home sales surge following interest rate cut
New home sales have jumped to their highest level in 12 months, signalling a potential recovery in the housing construction sector after years of stagnation.
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INDUSTRY NEWS
Houses outperform owner incomes as property market shifts
Australian houses have quietly outperformed their owners' earning capacity over the past year, with property values increasing more than personal incomes in several key markets.
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Mindset and Personal Development
From A-League to auctions: Adam Pearce on the winning mindset that powers top performing agents
When it comes to the mindset of top performers, former A-League goalkeeper Adam Pearce doesn’t see a difference between elite sport and elite real estate.
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Celebrity Homes
Emma Stone lists Austin mansion for $26.5 million after extensive renovation
Oscar-winning actress Emma Stone and her husband Dave McCary have placed their Austin, Texas estate on the market for US$26.5 million, following years of extensive renovations that are nearly complete.
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FRANCHISE NEWS
Robyn Agius: Giving back while building success in Mackay’s Pioneer Valley
Mackay real estate agent Robyn Agius has built a thriving business while donating $1,000 from every sale to local schools and charities. After questioning traditional commission splits, she joined Area Specialist to take control of her career and community impact. "When you're not giving half your earnings to your agency, you can help a lot of people."
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INDUSTRY NEWS
Australian Airbnb owners on alert as Spain removes 65,000 illegal listings
A landmark court ruling has forced Airbnb to remove tens of thousands of illegal tourist accommodation listings in Spain, leaving Australian short-term rental owners nervous about a potential similar crackdown.
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INDUSTRY NEWS
NSW housing reforms showing promise but remain off target
The NSW Government has increased the speed of planning approvals, but remain a long way off meeting housing targets.
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INDUSTRY NEWS
Western Sydney faces a severe housing shortage as construction lags
Western Sydney is experiencing a critical housing delivery crisis with construction falling dramatically short of what's needed to accommodate projected population growth.
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Celebrity Homes
Oroton heir invests $10.25m in Clontarf property for redevelopment
Oroton fashion empire heir Tom Lane has purchased a Sydney harbourview home in Clontarf for $10.25 million, with plans to redevelop the property into a luxury residence.
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Celebrity Homes
Jim Carrey slashes price of longtime LA home by $10 million
Actor Jim Carrey has reduced the asking price of his Los Angeles home by US$10 million since first listing it over two years ago, as the property continues to struggle to find a buyer.
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