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INDUSTRY NEWS
Young West Aussie’s willing to sacrifice to buy a home
Young home buyers in Western Australia are prepared to make sacrifices on their dream home to overcome cost-of-living pressures and enter the property market.
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INDUSTRY NEWS
Australians squirrel away billions in the bank
Australians squirrelled away $4.69 billion in April as households continue to deal with the rising cost of living by cutting back.
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INDUSTRY NEWS
City-dwellers head for regional Australia in growing numbers
The number of city-dwellers sick and tired of expensive, overpopulated cities and deciding to move to regional Australia has hit a 12-month high according to new data.
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INDUSTRY NEWS
Brisbane overtakes Canberra as property prices rise
Perth, Brisbane and Adelaide continue to lead home prices into record territory with national values up 0.3 per cent in May according to new data.
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Celebrity Homes
Rihanna sells her lavish Los Angeles penthouse for $20 million
After being on the market for just over two months, Rihanna has closed the chapter on her Los Angeles penthouse, selling it for a hair under US$20.8 million.
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Real Estate News
Offices changing to meet worker demand: HTW
The nature of the office market is changing to accommodate the evolving needs of workforces according to the latest Herron Todd White (HTW) Month in Review.
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INDUSTRY NEWS
Australia’s very own UFO house is out of this world
If you’re looking for a home that’s light years ahead of the rest of the competition, this UFO-shaped Sydney property is truly out of this world.
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INDUSTRY NEWS
View Media’s high-profile appointments set to bolster growth
Antony Catalano’s View Media Group has announced a host of high-profile appointments as the listing platform gets set for its next phase of growth.
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Movers and Shakers
A family affair for the new PRD Glenmore Park office
Darren Latty is set to launch his newest office in Glenmore Park under the PRD brand as the family-oriented business continues to go from strength to strength.
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INDUSTRY NEWS
Herron Todd White: Buyers tipping rate cuts drive activity
The expectation that interest rates were set to fall was behind this year's uptick in activity according to the latest Herron Todd White (HTW) Month in Review.
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INDUSTRY NEWS
Brisbane now has Australia’s most expensive parking
Rising vacancies across many CBD office markets have seen Brisbane now with the most expensive parking rates in the country.
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INDUSTRY NEWS
The number of affordable rentals hits a record low
The number of affordable rentals continues to decline across the country making life incredibly tough for renters.
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INDUSTRY NEWS
Regional values and rents hit new record highs
Regional Australia has started to see activity heating up, with both dwelling values and rents picking up pace over the past three months according to new data.
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INDUSTRY NEWS
Sydney prime rents grow at the fastest pace in the world
Sydney prime rents grew nearly 20 per cent in the past 12 months, three times the rate of the next closest major international city according to new data.
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INDUSTRY NEWS
Trailblazing auctioneer Georgia Turner paves the way
Ray White New South Wales state administrator and auctioneer, Georgia Turner has successfully sold her first property under the hammer as she gets set to make her mark in the largely male-dominated field.
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INDUSTRY NEWS
Affordable Sydney suburbs to see strongest price growth
Properties in the most affordable suburbs of Sydney are likely to be the best performers in the next six months according to a new report.
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INDUSTRY NEWS
REIWA rallies support for its annual Sleeping Bag Appeal
The Real Estate Institute of Western Australia (REIWA) is preparing to bring some warmth and comfort to those sleeping rough this winter on the back of their annual Sleeping Bag Appeal.
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INDUSTRY NEWS
New listings are on the rise, especially in Victoria
New listings are starting to flow back onto the market, with Melbourne and regional Victoria leading the charge.
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INDUSTRY NEWS
Bunbury property prices lead the charge in WA
Bunbury, Western Australia’s third-largest city, is the strongest regional market in the state with house prices up 5.9 per cent in three months.
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INDUSTRY NEWS
Melbourne and Sydney named as top international cities
Melbourne and Sydney have been named amongst the best in the world according to a new index of leading international cities.
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INDUSTRY NEWS
Victoria likely to lose 5000 rental properties
Victoria is on the cusp of an ‘investor exodus’, with the state projected to lose 5,000 rental properties in the next 12 months.
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INDUSTRY NEWS
First National celebrate their top performers
First National Real Estate has handed out its General Excellence and Marketing Awards at the network’s National Convention, at Malaysia’s Grand Hyatt in Kuala Lumpur.
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INDUSTRY NEWS
Stunning tree-top mansion in the Daintree Rainforest hits the market
A stunning three-storey timber and glass mansion nestled amongst the trees on 2.5 secluded acres in the Daintree Rainforest has hit the market with an asking price of $1.65 million.
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Movers and Shakers
Sav Singh launches Ray White Toongabbie
Sav Singh has launched Ray White Toongabbie alongside his five-person team in a bid to expand his presence in Sydney’s west.
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Movers and Shakers
Craig Sewell takes the reins at Raine & Horne Randwick/Coogee
Experienced principal Craig Sewell is set for a fresh chapter as he takes the reins at Raine & Horne Randwick/Coogee.
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INDUSTRY NEWS
Overseas buyers still targeting Australian property
Foreign buyers remain focused on Australian property, with new data showing search volumes to rent and buy have risen over the past 12 months.
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INDUSTRY NEWS
Commercial property capital growth slides
Capital growth is in negative territory for nearly all commercial asset types and locations across the country according to an expert.
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Movers and Shakers
Hutly appoints Sally Hamilton as general manager of growth
Sally Hamilton is headed to Australian technology platform, Hutly as General Manager of Growth and will look to drive the expansion of their digital solutions.
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INDUSTRY NEWS
Separation Creek holiday home named HIA’s Home of the Year
A stunning holiday home, nestled on a sharp slope with views across Bass Straight at Separation Creek on the Great Ocean Road has been named the HIA-CSR Australian Home of the Year.
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INDUSTRY NEWS
Lenders must do more for borrowers in hardship
Lenders are not doing enough to help borrowers who are in financial difficulty and want to access a bank’s hardship provisions.
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INDUSTRY NEWS
Australians put dreams on hold as cost of living rises
Australians are increasingly being forced to shelve major milestones like having children, family holidays and house upgrades because of the rising cost of living.
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INDUSTRY NEWS
REIQ: Queensland Government needs to wean off stamp duty
The Queensland government coffers are swelling from excessive property taxes and it’s time they started to wean off them, according to the Real Estate Institute of Queensland (REIQ).
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INDUSTRY NEWS
Luke Banitsiotis crowned top auctioneer at the AUSTROS
Woodards Blackburn's Luke Banitsiotis, has been crowned the nation's top auctioneer for 2024, after taking out The Australasian Auctioneering Championships (AUSTROS) in Hobart.
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INDUSTRY NEWS
Rising vacancy rates offer a little relief for renters
Australia’s renters are finally getting some respite, with the national vacancy rate rising to 1.21 per cent in April.
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INDUSTRY NEWS
Housing data lab gets $1 million funding to solve housing crisis
The City Futures Research Centre (CFRC) at UNSW Sydney has been awarded a $1 million grant by the office of the NSW Chief Scientist to create a new lab to help analyse the ongoing housing crisis.
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