-
INDUSTRY NEWS
One in five first home buyers take a year to buy a property
Tight supply and rapidly rising prices has seen many first home buyers taking over two years to purchase a property.
Read More » -
INDUSTRY NEWS
Westpac and NAB predict two more 50bps rate hikes
Borrowers should brace themselves for “more rate pain”, as Westpac and NAB follow ANZ predicting the Reserve Bank of Australia will lift the official cash rate higher and faster than previously expected.
Read More » -
COMMERCIAL
HTW: rising costs slowing industrial development
Rising construction costs and higher land values has slowed the initiation of new development across the industrial sector according to the latest Herron Todd White (HTW) Month in Review.
Read More » -
Celebrity Homes
Actress Jaime King selling Walt Disney-built home in Beverly Hills
Fresh from her divorce from director Kyle Newman, actress Jamie King is moving on with her life, listing her longtime home in the mountains above Beverly Hills for US$2.8 million.
Read More » -
INDUSTRY NEWS
What kind of property will $700,000 buy you?
After two years of record price growth, there are still opportunities to find good value properties for under $700,000 around the country, according to the latest Herron Todd White (HTW) Month in Review.
Read More » -
Celebrity Homes
Vanessa Hudgens trades up to Los Angeles mansion
High School Musical star Vanessa Hudgens is moving back to her old neighbourhood, trading up to a US$7.5 million Studio City mansion.
Read More » -
INDUSTRY NEWS
Queensland rental market feeling the ‘squeeze’ of tight vacancy rates
Incredibly tight rental conditions are continuing to ‘squeeze’ renters across Queensland, with many areas still experiencing vacancy rates below 1 per cent.
Read More » -
INDUSTRY NEWS
Further increases in the cash rate will be needed: RBA
The official cash rate is still lower than it needs to be, according to the Reserve Bank of Australia, who maintain households are well-positioned for higher borrowing costs.
Read More » -
INDUSTRY NEWS
Chinese property buyers to return to Australia
Chinese property buyers are likely to head back to Australia sooner than expected as Australia emerges from COVID stronger than many other countries, according to an expert.
Read More » -
INDUSTRY NEWS
Commercial property settlements surged higher last financial year
The volume of commercial property settlements has surged by as much as 60 per cent across the east coast of Australia, according to new data.
Read More » -
Celebrity Homes
Steph Curry pays over asking price for Florida vacation house
Fresh from leading the Golden State Warriors to a fourth NBA championship, Steph Curry has celebrated by picking up a Florida vacation home.
Read More » -
Celebrity Homes
Sofia Vergara and Joe Manganiello selling their Beverly Hills estate
After having settled into their new Beverly Park mansion, celebrity couple Sofia Vergara and Joe Manganiello have put their old Beverly Hills estate on the market for US$19 million.
Read More » -
INDUSTRY NEWS
Rate rises now to avoid sharper economic slowdown
The Reserve Bank of Australia hopes taking swift action on soaring inflation will halt the need to increase the cash rate as high as previous economic cycles.
Read More » -
Celebrity Homes
Busy Philipps, Marc Silverstein list secluded Hudson Valley retreat
Freaks and Geeks star Busy Philipps and her former husband, rom-com writer-director Marc Silverstein have put their Hudson Valley property on the market for US$1.75 million.
Read More » -
COMMERCIAL
Growing crane count suggests construction activity is on the rise
Construction activity across Australia continues to ramp up, with the latest Rider Levett Bucknall's Crane Index showing the first increase since prior to the pandemic in early 2019.
Read More » -
INDUSTRY NEWS
Outer Melbourne and regional Victoria continue to set record prices
Melbournians have continued to leave the inner-city, with values in outer suburbs and regional areas at record highs.
Read More » -
Celebrity Homes
Sandra Bullock rents out her Malibu Beach cottage
Miss Congeniality star Sandra Bullock is putting one of her two Malibu homes up for rent with an eye-watering price tag of US$30,000 per month.
Read More » -
INDUSTRY NEWS
First home buyers exceed their budget to get on the property ladder
Record high home prices and underquoting are forcing first home buyers to pay more than they expected with 37 per cent exceeding their budget.
Read More » -
INDUSTRY NEWS
Home prices falling in 40 per cent of markets
Declining property prices have gathered steam with 40 per cent of house and unit markets falling in the past three months.
Read More » -
Celebrity Homes
Leonardo DiCaprio lists posh Beverly Hills mansion for rent
Titanic star Leonardo DiCaprio has put one of his LA mansions on the rental market with an eye-watering price tag of US$32,500 per month.
Read More » -
INDUSTRY NEWS
Office occupancy levels hold steady in June
Workers returning to CBD offices has slowed down last month, as the impacts of floods, the flu season and interruptions to rail networks forced people to stay home.
Read More » -
INDUSTRY NEWS
Prospective Perth tenants lose thousands in rental scams
Scammers have targeted prospective tenants in Perth, with two unsuspecting victims losing $23,500.
Read More » -
Celebrity Homes
Sofia Richie and Elliot Grainge pay $27 million for elegant Brentwood Park Estate
Sofia Richie and her fiancée Elliot Grainge have picked up a traditional-style LA mansion for US$26.9 million.
Read More » -
Celebrity Homes
Ozzy, Sharon Osbourne list $18 million Hancock Park mansion
Black Sabbath rocker Ozzy Osbourne and his wife Sharon are moving back to their native UK and have listed their main LA residence for US$18 million.
Read More » -
INDUSTRY NEWS
Property market records busiest start to winter in a decade
The Australian property market has started winter strongly, with new listing volumes reaching the highest June level in more than a decade.
Read More » -
INDUSTRY NEWS
Rents surge by a record 12 per cent across the capitals
Australia's rental crisis has deepened with tight vacancy rates contributing to a record 12 per cent jump in house rents over the past year.
Read More » -
Celebrity Homes
Mike Cannon-Brookes buys Dunk Island
Australian billionaire Mike Cannon-Brookes and his wife Annie have purchased one of Queensland's best-known properties, picking up Dunk Island for $23.65 million.
Read More » -
Celebrity Homes
Bruce Willis’ former tropical getaway on the market
The former tropical estate of retired movie star Bruce Willis is back on the market for US$37.5 million.
Read More » -
INDUSTRY NEWS
Rent.com.au partners with Origin Energy
Rent.com.au has entered into a new partnership with electricity giant Origin Energy to offer electricity and gas services to Rent.com.au customers.
Read More » -
COMMERCIAL
Retail customers ‘flock back’ to in-person shopping
After a surge in online retail sales, customers have begun to “flock back” to in-person shopping, with experts suggesting bricks and mortar stores are far from dead.
Read More » -
FEATURE INTERVIEWS
Haesley Cush and Matt Lancashire: how to create a successful partnership
For years, real estate was largely considered an industry where, if you wanted to succeed, you flew solo. But in more recent times, some of the top-performing businesses have turned that model on its head and have not just succeeded, but soared, with a partnership model.
Read More » -
INDUSTRY NEWS
Perth sales activity jumps 20 per cent
Real estate sales activity in Perth surged 19.8 per cent during the 2021-22 financial year, according to the latest data from the Real Estate Institute of WA (REIWA).
Read More » -
COMMERCIAL
Australian cities top the list for green commercial real estate
Sydney, Perth, and Melbourne have been named in the top five green-rated cities for commercial real estate.
Read More » -
INDUSTRY NEWS
The Perth suburbs where houses sell in just 7 days
Perth’s property market is still experiencing a “high level of buyer demand” with a number of suburbs selling in record time.
Read More » -
Celebrity Homes
Janet Jackson selling her Central Park apartment
After a quarter of a century of ownership, singer Janet Jackson is selling her Central Park apartment for US$8.995 million.
Read More »