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Rowan Crosby

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

News

Commercial property in regional Australia to outperform

Commercial property in regional Australia is set to benefit from the changing demographics experienced during Covid with Queensland likely to be the big winner according to a new report.

Celebrity Homes

Hedge fund executive relists mansion with the lot

Hedge fund executive and bitcoin investor, Jeffrey Feinberg is reattempting to sell his LA mansion for US$43 million.

News

Adelaide and Brisbane to be the strongest performers in 2023

The smaller capital city markets of Adelaide and Brisbane are set to be the top-performing property markets of…

News

Auction clearance rates hit a seventh-month high

Auction clearance rates have bounced back to a seventh-month high as vendors are now more prepared to meet…

News

First-home buyers choosing pets over family

First-home buyers would rather have more space for a pet than be close to their family according to…

News

New home lending falls to lowest level in three years

New home lending has fallen to the lowest level in three years as industry experts believe it's time…

News

Auction volumes drop across Sydney in November but sentiment starting to change

Sydney auction volumes have halved compared to this time last year as uncertain vendors have moved across to…

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…

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,…

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…

Elite Agent TV

First metaverse residential skyscraper takes shape

The first metaverse residential skyscraper is officially under construction as virtual real estate continues to grow in popularity.

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…

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…

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…

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…

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…

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…

News

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…

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…

News

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…

News

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…

Celebrity Homes

The Hollywood starlet home where Marilyn Monroe once lived is on the market

The Hollywood home that once housed young starlets including Greta Garbo, Marlene Deitrich and Marilyn Monroe is up…

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…

News

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…

News

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…

News

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…

News

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…

Celebrity Homes

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…

News

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…

Celebrity Homes

Former Gucci CEO lists Manhattan penthouse for $5.75 million

Luxury fashion executive turned Broadway and film producer Mark Lee is officially looking to offload his Manhattan penthouse…

News

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…

News

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…

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…