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Rowan Crosby

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

News

New home loan values fall as interest rates rise

Rising interest rates are seeing homebuyers less willing to borrow, while at the same time house hunters are seeing their borrowing capacity slashed.

News

New Zealand property prices fall at fastest pace since the GFC

Property prices across New Zealand have continued to fall, with the rate of decline now at the same…

News

Lenders pricing for risk with rate discounts

Lenders are rewarding borrowers with lower Loan to Value Ratios (LVRs) by offering reduced interest rates.

News

South Australian property continues to buck the trend

The South Australian property market continues to show “resilience”, extending its record-breaking run of quarterly price increases.

News

Adaptive reuse of old buildings on the rise across Australia

The redevelopment of old buildings across Victoria is starting to gather steam as developers look to find creative…

News

Renters being forced to give up pets to find a home

Renters are being forced to choose between keeping their pets and being able to find a place to…

News

ANZ cuts new customer variable rates by up to 0.50 per cent

Despite the Reserve Bank of Australia hiking the official cash rate and fixed rate loans rising, ANZ has…

News

WA investors to sell up if tenancy laws change

More than half of WA property investors would consider selling their rental properties should significant changes be made…

News

Units outperform houses as buyers hunt for value

Buyers are on the lookout for more affordable housing options as rising interest rates make units more appealing.

News

RBA a “near certainty” to raise rates next week

Australia’s hottest rate of inflation in 21 years means the Reserve Bank of Australia is a “near certainty”…

Celebrity Homes

Justin Bieber’s Hawaii vacation home hits the market

The infamous Hawaii vacation home Justin Bieber leased for his entourage in 2016 is on the market for…

News

Home prices to fall 5 per cent by end of the year

Rising interest rates could see property prices drop by up to 5 per cent between now and the…

News

Office market leads the way as commercial sales break new ground

Commercial property transactions set a record pace last financial year, with buyers taking advantage of the low interest…

News

New Zealand property prices face a test as interest rates rise and sales volumes fall

The New Zealand property market is going to face a “test” as rising interest rates and a wave…

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…

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…

News

HTW: rising costs slowing industrial development

Rising construction costs and higher land values has slowed the initiation of new development across the industrial sector…

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…

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…

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…

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…

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…

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…

News

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…

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.

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…

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…

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…

News

Prospective Perth tenants lose thousands in rental scams

Scammers have targeted prospective tenants in Perth, with two unsuspecting victims losing $23,500.

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…

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…

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…

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.

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…

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…