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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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Celebrity Homes
Steve Bellotti’s Mosman masterpiece relaunches with $36-$38 million price guide
Former banker Steve Bellotti has relaunched his Mosman mansion with an eye-watering $36-$38 million price guide which would set a new suburb record should it sell.
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COMMERCIAL
Is TikTok moving into Circular Quay?
Popular video-sharing social media network, TikTok is in talks to take up a large portion of Sydney’s soon-to-be tallest office tower in Circular Quay.
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INDUSTRY NEWS
Rising construction costs to weigh on builders and home buyers: HTW
Rising construction costs are ongoing labour shortages are putting increasing pressure on builders and new home buyers, according to the latest Herron Todd White (HTW) Month in Review.
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INDUSTRY NEWS
Perth luxury market ‘gearing up’ for growth
Luxury property market prices in Perth are expected to soar in the second half of 2022, according to experts.
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INDUSTRY NEWS
Tight rental conditions forcing rents higher
Tight rental conditions across the country will likely see rents continue to surge in a number of locations according to new analysis.
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Celebrity Homes
The King of Queens star Kevin James looks to flip his mansion for a tidy profit
The King of Queens star Kevin James is looking to offload his South Florida mansion for a tidy $6 million profit having owned the property for just 18 months.
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INDUSTRY NEWS
Property flipping getting tougher as interest rates and building costs rise
Flipping property has been a solid investment strategy over the past 18 months, however, a leading buyers agent warns there are now additional risks that could make the practice less profitable.
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Celebrity Homes
Qantas CEO Alan Joyce splashes out on Mosman mansion
Qantas Chief Executive Officer Alan Joyce has purchased a $19 million Mosman waterfront as he prepares to move out of his apartment at The Rocks.
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COMMERCIAL
Set and forget commercial assets in high demand
The appeal of "set and forget" commercial assets remains incredibly high with a leading expert suggesting investors should consider specific assets such as data centres, childcare centres and fast food retailers in the current market.
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INDUSTRY NEWS
Property price growth slows across regional Australia
Property prices across regional Australia are finally starting to show signs of easing after a record run of growth according to new data.
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Celebrity Homes
Cameron Diaz and Benji Madden pick up Montecito mansion
Retired movie star Cameron Diaz and her rocker husband Benji Madden have splashed out US$12.67 million for a Montecito mansion adding to their already impressive property portfolio.
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INDUSTRY NEWS
Sales activity starts to slow down across Tasmania
After a record 12 months for real estate sales across Tasmania, new data from the Real Estate Institute of Tasmania shows that sales and prices are beginning to slow.
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Celebrity Homes
Mariah Carey buys The Rock’s former Atlanta rental
Best-selling female recording artist of all time Mariah Carey has reportedly, purchased a 4.2-acre Atlanta mansio in an off-market deal valued at US$5.65 million.
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WEIRD AND WONDERFUL
Venice penthouse for the price of a Sydney apartment
A historic Venice penthouse with stunning postcard views is on the market for roughly the same price as a luxury Sydney CBD apartment.
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INDUSTRY NEWS
Strong WA economy to boost the local housing market
The latest State Budget for Western Australia has revealed a healthy local economy which should continue to boost residential house prices, according to the Real Estate Institute of WA (REIWA).
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FEATURE INTERVIEWS
Avi Khan: How to build high-performing teams
In the space of just 4 years, Avi Khan has been able to build three of the fastest growing real estate agencies in Brisbane as well as a property law firm.
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INDUSTRY NEWS
Rising rents put pressure on desperate tenants
Tenants battling soaring rents and tight vacancy rates have turned to "desperate measures" in the struggle to find a home, while property managers are faced with testing conditions.
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