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Rowan Crosby

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

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 New Zealand market might be starting to turn the corner.

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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…

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Office market underperforms compared to industrial and retail

Demand continues to wane for office assets as ongoing low occupancy rates and the changing nature of the…

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House and unit rents finally fall in some cities, while room rents surge

Pressure might be starting to ease in some of the country's most tightly held rental markets with new…

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Number of borrowers struggling to pay their home loan has surged

The record increase in interest rates is starting to weigh on borrowers with new research finding 40 per…

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Affordable capital cities the best option for buyers

The cheaper capital cities of Adelaide and Perth continue to attract buyers and have the potential for more capital…

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Taxing vacant homes and holiday rentals could help ease the housing crisis

Incentivising investors, taxing vacant homes and holiday rentals and releasing more land are all measures being considered to…

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The Sydney suburbs tipped to see values rise

With home prices rebounding across Sydney in recent months, a number of high-profile suburbs including Kogarah Bay, North…

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Rental affordability at the worst level in 8 years

Surging immigration and fewer people per home has seen rental affordability fall to the lowest level in eight…

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Cashback offers for refinancers ‘dropping like flies’

The surge in refinancing as borrowers attempt to combat the Reserve Bank of Australia’s (RBA) hiking cycle is…

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Covid fallout to cause supply shortages for another two years

The impact of COVID-era policies is likely to lead to a lack of housing supply for the next…

new homeowners
Industry News

Bank of Mum and Dad prepared to give kids $33,000 to buy a home

The bank of Mum and Dad has long been the way many first-home buyers get into the market…

Sydney houses
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Rising home prices might see listings increase

If the current growth in home prices continues, listings could increase by two per cent this year, according…

Industry News

New Zealand homeowners feel the pain as loss-making resales spike

Properties reselling at a loss have reached a seven-year high in New Zealand as the impact of higher…

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Industrial property holds up as commercial growth declines

Higher interest rates have seen the growth in commercial assets dry up, however, industrial property continues to hold…

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Brisbane homeowners spend the most to renovate their homes

Brisbane has emerged as the leading location in the country for home renovations, with new research finding homeowners…

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The top 10 holiday homes across Australia

Stayz has announced its 2023 Holiday Homes of the Year with the top three luxury properties located on…

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Surging immigration sees share of cheap rentals plummet

Conditions for renters continue to go from bad to worse, with new data showing that surging immigration has…

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Cliff-hugging Tasmanian property named home of the year

A stunning Tasmanian home that has been labelled “a once-in-a-lifetime build”, has been named the Housing Industry Association…

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90 per cent of NSW teachers can’t afford to live where they teach

The surging cost of housing over the past decade has led to teachers being unable to afford a…

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Listings up 5.6 per cent compared to last year

Property listings experienced their traditional lull during April, however, in positive news for homebuyers, they are now higher…

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South Australia’s top performed locations likely to see more growth

The South Australian property market has defied the national downturn, with a host of well performing suburbs set…