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INDUSTRY NEWS
New listings drop during a disrupted April
Listings eased off during April as vendors hit the pause on sales campaigns with the Easter and Anzac Day public holidays causing interruptions, according to new data.
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Celebrity Homes
Nick Kyrgios lands cool Sydney penthouse
Tennis ace Nick Kyrgios has landed a cool penthouse in Sydney, just a month after he made it known he was set to relocate to the Harbour city.
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Celebrity Homes
Emily Ratajkowski lists Echo Park compound
Model and actress Emily Ratajkowski has put her renovated Echo Park compound on the market, with a modest US$2.195 million asking price.
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INDUSTRY NEWS
NSW regional vacancy rates on the rise
New data from REINSW indicates record low vacancy rates across much of regional NSW are now starting to ease.
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Celebrity Homes
Alexander Skarsgard lists his Manhattan penthouse
Swedish actor Alexander Skarsgard, best known for his roles in True Blood and Big Little Lies has put his Manhattan Penthouse on the market for US$2.599 million.
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INDUSTRY NEWS
Perth property prices hit a record high
Property prices across Perth have finally reached a new record high of $552,128, according to the latest data from CoreLogic.
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Celebrity Homes
The Queensland mansion where Johnny Depp and Amber Heard stayed is for sale
The QLD property made famous when Johnny Depp and Amber Heard smuggled in their two Yorkshire terriers, Pistol and Boo, is back in the news thanks to the current court proceedings
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INDUSTRY NEWS
Demand for property falls in April
Demand for property eased in April with views-per-listings and sales both lower according to new data.
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INDUSTRY NEWS
First home buyer activity falls away in New Zealand
New Zealand's first home buyer activity has continued to decline as higher mortgage costs have started to have an impact according to a new report.
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INDUSTRY NEWS
The Australian suburbs that are primed for price growth
Campbells Creek in regional Victoria could be ripe for property price growth, as one of a number of locations that are set to buck the trend of a cooling market.
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Celebrity Homes
Ellen DeGeneres and Portia de Rossi sell Beverly Hills mansion to a neighbour
Ellen DeGeneres and Portia de Rossi have offloaded their Beverly Hills mansion to their next-door neighbour, just eight months after buying it.
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INDUSTRY NEWS
Rate hikes to impact borrow capacity
Rising interest rates could see average home buyers’ borrowing capacity fall by more than $150,000, according to new research.
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COMMERCIAL
Australian office investment set to surge in 2022
Investment in the Australian office market is set to surge this year, according to the latest research from valuer Knight Frank.
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SUPPLIER NEWS
REA Group delivers a strong Q3 performance
REA Group has posted a strong third-quarter earnings result, buoyed by a booming property market as listings continued their post-COVID-19 recovery.
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Celebrity Homes
The Big Bang Theory star Simon Helberg lists his Los Feliz home
Star of the Big Band Theory, Simon Helberg, has listed his Los Feliz home for US$9.875 million.
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INDUSTRY NEWS
Victorian Budget missed an opportunity on property tax reform
The Victorian Government has missed an opportunity to tackled property tax reform, according to a leading industry body.
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INDUSTRY NEWS
Homeowners should expect more rate rises
Homeowners should be prepared for a series of rate hikes with experts tipping the official cash rate could rise to 2.6 per cent.
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Celebrity Homes
Gianni Versace’s former NY townhouse listed for $70 million
The former luxury New York townhouse of Gianni Versace has hit the market with an asking price of US$70 million.
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INDUSTRY NEWS
Robust Queensland market to shake off rate rise
The Queensland property market is well positioned to handle this week's cash rate increase from the RBA according to the Real Estate Institute of Queensland (REIQ).
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Celebrity Homes
Inside Johnny Depp’s collection of LA penthouses
Johnny Depp might currently be making headlines for a whole host of other reasons, but his collection of unique LA penthouses are also sparking plenty of interest.
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INDUSTRY NEWS
NZ property market prices softened in April
The New Zealand property market has recorded a modest fall in April, the first decline since the initial COVID-enforced lockdown in August 2020.
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INDUSTRY NEWS
Perth prices continue to increase in April
The Perth property market has continued to see an uptick in prices since reopening its borders in February.
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Celebrity Homes
Kath and Kim’s home to be demolished
The famous “Fountain Lakes” house used in Kath & Kim is being demolished in a sad day for fans of the iconic Australian TV series.
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INDUSTRY NEWS
Vacancy rates remain at record low levels
The national vacancy rate remains at a record low 1 per cent with all capital cities continuing to operate in a “landlords’ market” according to a new report.
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INDUSTRY NEWS
WA the most affordable for first home buyers
Perth has been named the most affordable capital city for first home buyers, with regional Western Australia taking the title of most affordable area in the country, according to a new report.
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INDUSTRY NEWS
Labor looks to cut the cost of a mortgage by up to $380K
The Labor Party has announced its intentions to introduce a new shared-equity housing scheme that could help shave up to $380,000 off the cost of a home.
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INDUSTRY NEWS
Rising CPI suggests more affordability worries ahead
The highest inflation in 30 years suggests housing affordability is going to continue to decline, according to an industry body.
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INDUSTRY NEWS
Home prices stalled in April as rate hikes loom
Property prices stalled nationally last month with values seeing their smallest increase since May 2020 and the onset of the pandemic, according to new data.
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INDUSTRY NEWS
Economists predict rate rises are coming before August
Economists believe the RBA is getting set to hike the official cash rate (OCR) with 84 per cent believing a rise is coming before August.
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INDUSTRY NEWS
Queensland vacancy rates hit record low levels
Vacancy rates across Queensland have dropped dramatically with several areas recording rates under 0.1 per cent.
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INDUSTRY NEWS
Record inflation to keep pressure on households
The latest CPI figures shows inflation has risen to 5.1 per cent, putting increased pressure on mortgage holders and households according to experts.
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INDUSTRY NEWS
Three of the big four banks predict a May rate hike
The big four banks continue to bring forward their cash rate rise predictions, with three of the majors now forecasting the official cash rate (OCR) will increase next week, with more hikes “imminent”.
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Celebrity Homes
Betty White’s California homes are hot property
Actress Betty White’s two LA properties have hit the market with one already sold.
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INDUSTRY NEWS
Property boom losing momentum – Sydney price growth ‘flatlining’
The rate of property price growth in Australia has dropped dramatically in the first three months of the year, new data reveals.
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Celebrity Homes
Pop king Robbie Williams buys Fannie Brice mansion
Musical superstar Robbie Williams has added a new purchase to his property portfolio having paid US$49.5 million for the former home of American comedienne, singer, theatre and film actress Fannie Brice.
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