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Rowan Crosby

Rowan Crosby is a senior journalist at Elite Agent specialising in finance and real estate.

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Australia’s rental crisis persists as rents jump again

There’s still no relief in sight for struggling tenants, with rents recording a two per cent rise over the past quarter, according to PropTrack.

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RBA issues a reprieve and holds interest rates

Borrowers are breathing a sigh of relief today after the Reserve Bank of Australia (RBA) decided to leave…

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Leading agent Taney Jain to established his own business

One of Australia’s top agents, Taney Jain has announced he’s departing Reliance Real Estate after nine years.

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Florida law bans some international buyers

Certain groups of foreigners will no longer be able to purchase property in Florida in the US after…

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Property prices continue to defy rate hikes

National property prices keep on moving higher last month, despite the Reserve Bank of Australia (RBA) continuing to…

Hobart
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It now takes 15 years for house prices to double in value

The old saying that property prices double every 7-10 years, might need to be updated, with new data…

for sale sign
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ACT and WA likely to see an uptick in listings

The ACT and Western Australia are likely to see the largest percentage of vendors listing their homes for…

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South Australia bans rent bidding

The South Australian government has followed New South Wales’ lead and outlawed rent bidding in the hope it…

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AI could potentially lead to white-collar “Rust Belt suburbs”

The rapid rise in AI is already changing the way white-collar workers operate and it has the potential…

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Scammers fleece agent out of $300,000

A WA real estate agent has lost $329,500 after scammers successfully stole $329,500 from a trust account last…

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More branded residences coming to Australia

Australia could soon see more branded residences popping up, with developments featuring the likes of the Ritz-Carlton and…

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The hotel industry rebounds as tourism nears pre-COVID levels

The hotel sector is showing signs of a return to pre-COVID occupancy levels, while room rates are also…

Industry News

The majority of agents are complying with NSW rent bidding laws

The vast majority of agents in NSW are doing the right thing and complying with rental bidding laws…

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The fibs naughty renters tell their landlords

If you’ve ever told a fib to your landlord, then you’re not alone, with a new survey finding…

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Profitability is the number one concern for agency bosses

Profitability has been named the biggest challenge in the real estate industry courtesy of falling transaction volumes, according…

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States desperate for social housing as rough sleeping numbers spike

The government needs to build 6000 new social houses every year for the next decade to end homelessness…

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Your chance to own a former theme park

The former Fantasy Glades theme park in Port Macquarie is up for sale with potential buyers able to…

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Herron Todd White: $750,000 won’t buy you as much as it used to

The surge in property prices since 2020 has left many homebuyers out in the cold, with fewer options…

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Sydney and Melbourne jump up the liveability rankings

After tumbling down the liveability rankings during government-imposed COVID-19 lockdowns, Sydney and Melbourne have bounced back in 2023.

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House prices have doubled in two years in some regional areas

The surge in regional house prices has seen values in a number of locations double in just over…

Industry News

NZ home sales record first annual increase in two years

After being battered by one of the sharpest tightening cycles in the world, there are signs that the…

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Failed QLD land tax has seen investors flee

The Queensland government’s failed attempt to introduce an expanded land tax has done long-term damage to the state’s…

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Share house demand surges across the country

Rapidly rising rents and a lack of rental properties are forcing renters to return to share houses in…

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Cyber security for real estate agencies

Trust is the bedrock of every successful real estate agency and in today’s world of data breaches, that…

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Recent borrowers could end up spending 50 per cent of their income on their mortgage

Homeowners could be soon forking out up to 50 per cent of their income on mortgage repayments if…

Melbourne construction
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New home sales rise in May but remain low

New home sales have increased for a second month, however, they still remain sharply lower than the same…

Zillow property listings
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New listings push higher as stock levels slowly rise

In good news for buyers, new listings have rebounded nearly 20 per cent last month, however, the flow…

Nick Borelli: Overcoming extreme adversity

After miraculously waking up from a two-week coma and surviving multiple organ failures after a mystery illness struck,…

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Homelessness across Victoria surges by up to 435 per cent in some areas

The housing crisis continues to hit the most vulnerable hardest of all, with a new report finding that…

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Rents surged up to 27.5 per cent in the past 12 months

Rents have jumped by as much as 27.5 per cent over the past 12 months marking the largest…

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More land needed in South-East Queensland to ease the housing crisis

The influx of people moving to Queensland from both overseas and interstate is putting the housing market under…

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More than 40 per cent of suburbs see rents increase by double-digits

Surging migration and tight supply have led to 44.4 per cent of house and unit markets seeing rents…

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Property prices could make new highs in 2024

If the current rebound in property values can continue, prices will make fresh highs in January 2024 according…

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Luxurious Perth French chateau-style home labelled the ‘finest in the country’, hits the market

A custom-designed Perth home, with a French-inspired feel, has just been listed for sale with price hopes of…

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One in four properties purchased without a mortgage

Cash buyers have been active on the East Coast, with a new report showing that 25 per cent…