-
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 in the process.
Read More » -
INDUSTRY 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, with 88 per cent of experts tipping another hike is on the cards.
Read More » -
INDUSTRY 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 Domain.
Read More » -
WEIRD AND WONDERFUL
First metaverse residential skyscraper takes shape
The first metaverse residential skyscraper is officially under construction as virtual real estate continues to grow in popularity.
Read More » -
Celebrity Homes
Steph Curry quietly sells mansion for $31 million
NBA superstar, Steph Curry has quietly offloaded his California “dream home”, for US$31.2 million. According to The Dirt, Singapore-based Chinese billionaire Forrest Li was the buyer, paying just US$150,000 more than the Golden State Warriors point guard spent on the mansion a little over three years ago. The contemporary stucco and glass structure sits on more than an acre of land…
Read More » -
INDUSTRY 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 earners the hardest hit according to a new report.
Read More » -
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 again last month.
Read More » -
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 long period of time according to an expert.
Read More » -
Celebrity Homes
Country star Kacey Musgraves sells Nashville home for $2.5 million
Country music singer Kacey Musgraves has officially sold her chic Nashville pad to fellow musician Kelsea Ballerini. According to architecturaldigest.com, Ballerini paid US$2.5 million for the four-bedroom, three-bathroom traditional-style house. The private home boasts 324sq m of internal living space and is surrounded by a forest of greenery and sits at the end of a long driveway. The singer hired…
Read More » -
INDUSTRY 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 to new research.
Read More » -
INDUSTRY 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 in 2022, according to a new report.
Read More » -
INDUSTRY NEWS
Unit growth falls into negative territory
Annual growth for units across the country has slipped into negative territory, with values down 1.4 per cent compared to this time last year, according to CoreLogic.
Read More » -
WEIRD AND WONDERFUL
A technicolour butterfly house on the market in California
A psychedelic home that was designed for a woman who was losing her eyesight is officially on the market in
Read More » -
Celebrity Homes
Chris Martin set to build lavish new Malibu home
Coldplay frontman, Chris Martin is finally getting set to build his long-planned luxury residence in Malibu, nearly a decade after purchasing an oceanview home that he planned to knock down and rebuild.
Read More » -
Tenancy law reforms haven’t stopped investors
Tenancy law reforms in NSW and Victoria have only had a small impact on landlords’ decisions to purchase or sell rental properties according to new research.
Read More » -
Renters now need to work six hours more to pay rent than before the pandemic
Rising rents are forcing US tenants to work more than six extra hours per week, just to afford the same property compared to prior to the pandemic.
Read More » -
SUPPLIER NEWS
Properties selling faster than prior to the pandemic
Despite overall demand slowing down since the peak of the boom, properties across the country are still selling faster than they were before the pandemic, according to new data.
Read More » -
Vendors slash asking prices as selling conditions get tougher
Some vendors across Sydney are cutting their asking prices by as much as $800,000 as the market continues to shift.
Read More » -
Rental growth to continue to underpin commercial property
Strong rental growth will help mitigate the impact of rising interest rates on commercial property according to a new report.
Read More » -
More land is required to build one million new homes
The government will need to release more land if they’re to meet their goal of building one million new homes in five years according to experts.
Read More » -
Property values have soared in the past 20 years while rents lag
House prices across Australia have more than doubled in the past 20 years, however, rents have not been able to keep pace with soaring values.
Read More » -
AFL star Lance ‘Buddy’ Franklin lists luxury Rose Bay home
Sydney Swans forward Lance Franklin and his wife Jesinta are selling their luxury Rose Bay home with a price guide of $5 – 5.5 million.
Read More » -
Fixed-rate mortgages could hit 7 per cent in New Zealand
One-year fixed-rate mortgages could surge as high as 7 per cent in the coming months putting even more pressure on New Zealand property prices according to an expert.
Read More » -
Property managers upskill with new investment portfolio manager course
Laing+Simmons is officially celebrating the first batch of graduates to complete its Investment Portfolio Manager course aimed at upskilling property managers.
Read More » -
Does selling off-market come at a cost?
Choosing to sell your property off-market could be costing you as much as $60,000 according to a new report.
Read More » -
INDUSTRY NEWS
Busselton and Bunbury lead regional growth in WA
The south west of Western Australia has continued its strong recent performance, with Busselton and Bunbury the top performers for price growth in the September quarter.
Read More » -
Celebrity Homes
The ‘creepy’ home from Stranger Things is up for sale
Fans of the hit Netflix show Stranger Things have the chance to experience life in the fictional town of Hawkins, with a Victorian manor used as a set officially listed for sale.
Read More » -
Real Estate News
South Australian Government to review rental laws
The South Australia State Government has announced an extensive review of the Residential Tenancies Act.
Read More » -
INDUSTRY NEWS
Cheapest suburbs to buy within 10km of the CBD
As office workers return to their pre-pandemic lives and head back to CBDs, there are still a number of affordable inner-city suburbs for homebuyers looking to move back to the city, according to a new report.
Read More » -
COMMERCIAL
Queensland holiday markets bouncing back
After a tough few years for tourism operators across Queensland, holidaymakers are back and looking to travel to the Sunshine State.
Read More » -
Falling prices making access to liveable suburbs easier for buyers
Melbourne is now the most affordable city to purchase a house in suburb that is considered “livable” according to a new report.
Read More » -
Retail property transactions slow as consumers battle rising prices
Retail property sales have slowed, as economic uncertainty climbs according to the latest Herron Todd White (HTW) Month in Review.
Read More »