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INDUSTRY NEWS
Australia is the 13th strongest property market in the world
A number of Australia’s major cities have featured in the global list of best-performing housing markets over the past 12 months.
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Celebrity Homes
Ryan Serhant is expanding to South Florida with a $100 million listing
New York’s powerhouse real estate agent Ryan Serhant is expanding into South Florida with his first listing, priced at US$100 million.
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INDUSTRY NEWS
Rents and mortgage repayments to keep rising
Rents and mortgage repayments are expected to continue to rise over the next 12 months, putting more pressure on households already struggling with the high cost of living.
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Celebrity Homes
Pink and Carey Hart look to sell their Malibu home
Mega-selling pop-rock veteran Pink is looking to offload her Malibu home having owned it for less than a year.
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INDUSTRY NEWS
Lenders have been quick to pass on interest rate hikes
Following the first cash rate hike in over a decade, lenders have been quick to pass on the rate rise to borrowers, with 95 per cent of lenders raising interest rates 0.25 per cent according to Canstar.
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INDUSTRY NEWS
Queensland property market defying the downturn
he Queensland property market is still experiencing 'healthy growth' and is continuing to defy the downturn seen elsewhere, according to the Real Estate Institute of Queensland (REIQ).
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INDUSTRY NEWS
Perth prices rise as the market outperforms Sydney and Melbourne
Home prices across Perth have continued their rise, increasing 0.6 per cent in May according to new data from CoreLogic.
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INDUSTRY NEWS
Barellan Point is Australia’s top family housing market
Barellan Point in regional Queensland has been named the top housing market for families according to new research.
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WEIRD AND WONDERFUL
Surry Hills is the world’s 11th most Instagrammable neighbourhood
The inner-city Sydney hotspot of Surry Hills has been named Australia's most Instagramable location, highlighting just how popular the trendy urban playground really is.
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Celebrity Homes
Terry Crews buys Reginald Johnson-designed Pasadena estate
Brooklyn Nine-Nine star Terry Crews has finally purchased his own home, nearly 20 years after selling off the original property he purchased when he moved to LA.
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INDUSTRY NEWS
Dubbo Council looking to undertake 3D house printing trial
The Dubbo Regional Council is moving forward with a proposed trial of 3D printed houses to potentially help ease the lack of supply of homes in the region.
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INDUSTRY NEWS
Cash poor Australian households look to downsize
After two years where Australians were scrambling for larger homes, a new survey has found one in eight are now looking to downsize as higher living costs start to bite.
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Celebrity Homes
The house that inspired The Conjuring movies sells
The Rhode Island farmhouse made famous by the horror movie franchise The Conjuring has sold to a buyer who wants to use the property to help others “connect with spirits”. According to Inman, the home, which dates back to approximately 1736, sold for US$1.525 million – well above its US$1.2 million asking price. The one caveat with the sale of…
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INDUSTRY NEWS
Unprecedented demand for industrial property pushing up prices
Record demand for industrial space has continued to put upward pressure on rents and property values with the trend expected to continue.
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INDUSTRY NEWS
Widespread fall in New Zealand property prices continues
The downwards momentum in New Zealand residential real estate values continued throughout May with prices falling 0.8 per cent.
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INDUSTRY NEWS
Home prices fell in May as interest rates rose
Home prices across the country fell for the first time since the start of the pandemic just as homeowners saw the first RBA rate rise in over a decade.
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Celebrity Homes
Top Gun: Maverick star Jay Ellis picks up new million dollar home
Top Gun is back in cinemas and smashing box office records while one of the movie’s stars has already started making the most of his success buying a new US$4.5 million LA home.
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Real Estate News
Prices fall in inner-city and expensive suburb micro markets
Micro markets in major capital cities have started to weaken, with prices falling as much as 8.5 per cent in the past three months. The latest CoreLogic Property Pulse showed inner-city and upper-quartile suburbs in Sydney, Melbourne and Canberra have led the price falls with suburbs such as Sydney’s Beaconsfield dropping 8.5 per cent in the past three months. In…
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Celebrity Homes
Sharon Stone’s former mansion hits the market for $39 million
The Sea Cliff Italianate-Victorian mansion previously owned by movie star Sharon Stone is back on the market with an asking price of US$39 million.
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INDUSTRY NEWS
Demand for Queensland land driving prices higher in growth corridors
A major shortage of land across South East Queensland’s growth corridors has driven up prices for new lots.
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Celebrity Homes
Buckingham Palace valued at £1.3 billion
If you wanted to get a taste for the life of a Royal and live in Buckingham Palace you’re going to need to come up with £1.3 Billion (AUD$2.3 Billion).
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INDUSTRY NEWS
The East Coast’s most affordable and liveable suburbs
Sydney and Melbourne are becoming opportune markets for buyers with a growing list of affordable suburbs according to a new report.
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INDUSTRY NEWS
Australian home ownership rates lowest on record
The proportion of Australians who own their own home continues to sit at record low levels, new data has revealed.
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INDUSTRY NEWS
Auction numbers to bounce back after the Federal Election
Auction volumes are set to rise sharply this weekend following lower volumes last week as a result of the Federal election.
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INDUSTRY NEWS
Cost of living pressures the leading concern for Australian voters
The cost of living, healthcare, and housing affordability are top of mind for Australians on the back of a Labor victory, according to new research.
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Celebrity Homes
Michael B. Jordan picks up brand-new Encino mansion
Black Panther star Michael B. Jordan has upgraded his living situation with the US$12.5 million acquisition of a brand-new mansion in L.A.’s popular Encino community.
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Celebrity Homes
NBA’s Ben Simmons looking to flip his Hidden Hills mansion
Fresh from a trade from the Philadelphia 76ers to the Brooklyn Nets, Aussie NBA star Ben Simmons is now looking to offload his Hidden Hills Mansion in LA for US$23 Million.
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COMMERCIAL
Foreign buyers behind half of 2022 commercial property investment
More than half of all commercial property sales in 2022 have been to overseas buyers according to new data from Ray White Commercial.
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Celebrity Homes
Amy Schumer lists ‘garden in the sky’ penthouse
Comedian and actress Amy Schumer is selling her beloved Upper West Side penthouse that she shares with her husband, chef Chris Fischer and their three-year-old son.
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INDUSTRY NEWS
Busselton is WA’s best performing regional centre in 2022
Busselton was the top-performing regional centre across WA during the March 2022 quarter, with prices increasing 5.5 per cent to $580,000.
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INDUSTRY NEWS
Demand for industrial space sees vacancy rate hit 10-year low
Industrial and logistics properties across the east coast of Australia are seeing record demand with vacancy rates now at a decade low.
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OPINION
The top 5 current buyer objections and how to deal with them
Dealing with changing market conditions is an ongoing part of the job for sales agents and in the current market buyer confidence is cooling and objections are starting to rise.
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INDUSTRY NEWS
QLD sellers may have to disclose a home’s flood damage history
The flood history of a property in Queensland may need to be disclosed to potential buyers under a proposed plan from the State Government.
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INDUSTRY NEWS
Demand for Perth CBD office space continues to grow
Demand for office space in Perth continued to rise in the first quarter of 2022 according to new data.
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INDUSTRY NEWS
NZ shows the first sign of a slowdown as profitable resales fall
The number of properties across New Zealand resold at a profit has fallen slightly in the first quarter of 2022, according to CoreLogic.
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