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INDUSTRY NEWS
Landlords missing out on an important tax deduction
Landlords could be missing out on some significant tax deductions over the lifetime of their investment properties, according to industry experts.
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INDUSTRY NEWS
NZ property prices to grow by less than 5 per cent
New Zealand property price growth is likely to dip below five per cent this year as rising interest rates start to bite according to an industry expert.
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INDUSTRY NEWS
Queenslanders view real estate agents in a positive light
While real estate agents can sometimes get a bad rap, a new survey shows people view agents in a positive light with most seeing them as friendly, helpful and accessible.
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INDUSTRY NEWS
MoxiWorks acquires Aussie CRM ActivePipe
Leading US-based real estate technology platform, MoxiWorks, has announced the acquisition of the Australian lead nurturing platform ActivePipe.
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INDUSTRY NEWS
NSW, Victoria, ACT contain most tenant- friendly suburbs
NSW, Victoria and the ACT contain the most suburbs where rental conditions have changed to favour tenants in the past 12 months, according to new research.
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INDUSTRY NEWS
Victorian housing tax to add thousands to cost of new home
A new Victorian Government housing tax could see the cost of a new home jump $20,000 with first-home buyers to bear the brunt of the price rises according to industry experts.
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INDUSTRY NEWS
Entire Old West town for sale
If you’ve ever dreamed of living in the Old West, an entire replica town in Saguache, Colorado has just been listed for sale.
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Real Estate News
Dilapidated Sydney homes selling well above reserve
Three rundown Sydney properties have sold well above their reserve price over the weekend, highlighting just how strong the current market is.
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Real Estate News
Investors turn to fast food and childcare assets
Drive-through fast food, medical, childcare, hotels and large format retail premises are dominating the commercial investment market as the most highly-sought assets as investors look for stability.
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INDUSTRY NEWS
The gap between house and unit values reaches a record high
Ongoing demand for more space has seen the difference in price between houses and units accelerate with the gap now at a record high.
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INDUSTRY NEWS
REIA announce National Awards for Excellence finalists
Finalists in the 17th REIA National Awards for Excellence 2022 have been announced, with the best agencies, agents and property managers set to vie for the coveted awards.
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Celebrity Homes
Flea lists his funky LA compound
Red Hot Chili Peppers' bassist Michael “Flea” Balzary has listed his unique, architecturally designed LA compound for US$9.8 million.
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INDUSTRY NEWS
Luxe Listings Sydney is back for Season 2… with a new agent
The hotly anticipated second season of the hit show, Luxe Listings Sydney is about to hit the screens in Australia after quickly becoming must-watch TV for lovers of high-end real estate.
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INDUSTRY NEWS
More Queenslanders eyeing off a career in real estate
On the back of a booming property market and an influx of new residents, nearly one in three Queenslanders like the idea of a career in real estate.
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INDUSTRY NEWS
Retail property starting to bounce back
Sales volumes for retail property has returned to the highest levels since 2015 after seeing off a tough few years for the sector.
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INDUSTRY NEWS
Aussie iBuyer continues to grow as Zillow Offers exits US
A leading Australian iBuyer isn’t concerned about its position in the market despite Zillow calling it quits on its US homebuying business.
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INDUSTRY NEWS
Aussie’s Spent $688 billion on property in 2021
Australians spent a whopping $688 billion in a home buying spree in 2021, which was an astounding 57 per cent more than the year before.
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INDUSTRY NEWS
ANZ scraps its most popular home loan
ANZ will scrap its most popular Breakfree package in a move that will impact 350,000 existing customers.
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SELLING + MARKETING PROPERTY
Kevin Chokshi: How to build a referral network
Kevin Chokshi moved to Australia from India as an 18-year-old to study IT, with two bags of clothes, $2000 in his pocket, no mobile phone and no connections.
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INDUSTRY NEWS
Mental health battles to force one in four property managers out
The pressures of the last two years have started to significantly impact the mental health of property managers across the country, with one in four now looking at leaving the industry.
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INDUSTRY NEWS
NSW and QLD driving demand for new housing
The home building boom is in full swing in NSW, with sales of new detached homes the second-highest on record over the past three months.
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Celebrity Homes
Gerry Harvey buys Black Bream Point for record price
Australian retail mogul, Gerry Harvey, has set a new real estate record in Narooma with the purchase of Black Bream Point located on the Wagonga Inlet.
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INDUSTRY NEWS
Harcourts Packham initiates partnership to tackle homelessness in SA
A former backpacker’s hostel in the heart of the Adelaide CBD has been transformed into short-term accommodation for South Australians experiencing or at risk of homelessness in a partnership that is a first for the state.
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INDUSTRY NEWS
Rents to skyrocket by thousands in 59 Australian suburbs
The cost of renting could jump $5000 in 59 suburbs across the country this year, as Australia sits on the cusp of the worst rental crisis in 230 years, according to Propertyology's Simon Pressley.
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Celebrity Homes
Inside Gwyneth Paltrow’s ‘forever home’
Movie star Gwyneth Paltrow might be known for her wellness-inspired brand Goop, however, if you’re expecting to find an array of Goop products in her home you’re going to be disappointed.
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INDUSTRY NEWS
Proposed NSW property tax changes labelled ‘nonsensical’
The Real Estate Institute of NSW has labelled the State Government’s proposed changes to stamp duty "nonsensical".
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INDUSTRY NEWS
Biggest January surge in new listings since 2014
Homeowners keen to sell have wasted no time putting their property on the market, with a 55.6 jump in capital city listings since December.
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INDUSTRY NEWS
Aussie house hunters view property listings at a record rate
Homebuyers are out in force to start 2022, with new data showing views on property listings surged 48.2 per cent in January, setting a new record.
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INDUSTRY NEWS
Melbourne land prices climb past $350,000 for first time
An average block of land in Melbourne will now set you back $355,000, with prices soaring to a record high at the end of 2021.
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COMMERCIAL
Demand for CBD office space defies pandemic predictions
Demand for CBD office space is continuing to defy expert predictions of a pandemic-induced office market collapse, according to the Property Council of Australia.
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Real Estate News
Top markets to watch for price growth in 2022
Price growth is set to accelerate in the family-friendly Melbourne suburb of Hallam and the Western Australia holiday hotspot of Broome, according to new analysis.
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INDUSTRY NEWS
Affordable, inner-city suburbs on top of buyers’ wish list
Buyers are ditching apartments and regional areas in favour of more affordable suburbs and inner-city markets, new data from NAB reveals.
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Real Estate News
Dwelling approvals rise as timber shortages ease
Dwelling approvals jumped 8.2 per cent in December according to new data, with imported timber helping to ease supply chain issues and delays building a record number of approved homes.
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Real Estate News
Perth woman buys virtual penthouse in the metaverse
A Perth woman recently dropped a bit more than $1000 on a virtual penthouse in a metaverse that hasn’t even launched yet. Retired school teacher, Christie, told ABC News she bought the piece of virtual real estate in the Uphoria metaverse, which, according to a promotional video on YouTube, features towering skyscrapers, restaurants, fountains, sports centres, hotels and even a…
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