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INDUSTRY NEWS
Medium density housing on the rise across Australia
Australia's capital cities are finally addressing their "missing middle" housing problem with a significant increase in medium-density developments across several states.
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INDUSTRY NEWS
Lifestyle markets are seeing changing buyer preferences
Australia's lifestyle property markets are evolving as buyers seek better quality of life outside major cities, with clear patterns emerging across different states.
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Celebrity Homes
David Lynch’s iconic Hollywood Hills compound hits market for $15 million
David Lynch's private compound in the Hollywood Hills has been listed for sale at $15 million (AUD $23 million), eight months after the acclaimed filmmaker's death at the age of 78.
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Celebrity Homes
Michael Caine’s former Thames-side estate hits market for £10 million
A historic Oxfordshire country house once owned by Oscar-winning actor Sir Michael Caine has been listed for sale at £10 million (AUD$19.5 million), offering luxury amenities and personal touches from the British film icon.
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INDUSTRY NEWS
Apartment market booms as government expands home guarantee scheme
Australia's apartment market is experiencing a resurgence, with units now accounting for 42 per cent of all property transactions nationwideÂ
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Celebrity Homes
Take That singer Jason Orange’s former London penthouse hits the market
A London penthouse with connections to both the Titanic disaster and 1990s pop group Take That has been listed for £2.85 million (AUD$5.7 million).
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INDUSTRY NEWS
Rising rents make First Home Guarantee more attractive
The value proposition of the First Home Guarantee scheme is being transformed by escalating rental costs, with new analysis showing potential savings for first-time buyers despite higher interest payments.
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Celebrity Homes
Estée Lauder heir sells Manhattan co-op for $37.5 million
Cosmetics empire scion William Lauder has sold his prestigious Fifth Avenue co-op for $37.5 million (AUD 57.8 million) in an off-market transaction, netting a $14 million (AUD 21.6 million) profit from his 2017 purchase.
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INDUSTRY NEWS
Tasmania strengthens rental safety laws
New legislation in Tasmania will make it easier for renters to secure furniture to walls, addressing a significant safety concern in rental properties.
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Celebrity Homes
Aubrey Plaza lists Los Feliz home for $6.5 million
Comedian and actor Aubrey Plaza has listed her Los Feliz Oaks home for $6.5 million (A$10 million), eight months after the death of her husband, filmmaker Jeff Baena, who was found inside the property in January.
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Celebrity Homes
Jazz legend Ella Fitzgerald’s former hotel suite transformed into luxury apartment
A French Riviera hotel suite once frequented by American jazz icon Ella Fitzgerald has been transformed into a luxury apartment priced at €7.75 million (AUD$14.7 million).
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INDUSTRY NEWS
RBA unlikely to cut rates despite recent reductions
Interest rates are likely to remain on hold this month despite three cuts already this year, according to financial experts.
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INTERNATIONAL
Italy’s tax policies are attracting the world’s ultra-wealthy
Italy has become a magnet for the world's wealthiest individuals thanks to favourable tax policies that are driving a luxury real estate boom across the country.
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Features
Why Adam Fiteni believes experiences – not transactions – build clients for life
For Harcourts Victoria CEO Adam Fiteni, good customer service is no longer the benchmark.Â
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INDUSTRY NEWS
Premium office space shortage to drive Sydney CBD rental growth
Dwindling supply of newly developed premium office space in Sydney's CBD will drive future rental growth as demand continues to rise amongst occupiers.
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INDUSTRY NEWS
Australian’s don’t want to live in apartments
Australia's approach to housing its population is fundamentally flawed with little chance of improvement without significant strategic changes, according to new comprehensive research.
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INDUSTRY NEWS
Compass to become world’s largest real estate brokerage in $1.6 billion merger
Compass is set to become the largest residential real estate firm globally after announcing a $1.6 billion acquisition of major rival Anywhere.
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Celebrity Homes
Jennifer Lopez and Ben Affleck celebrity mansion price slashed again
Jennifer Lopez and Ben Affleck's Beverly Hills megamansion has returned to the market with another significant price reduction, now asking $52 million (AUD $78.5 million).
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Celebrity Homes
Justin Timberlake and Jessica Biel’s penthouse hits market for $40 million
Justin Timberlake and Jessica Biel's former New York City penthouse has returned to the market with a hefty price increase, now listed for US$39.995 million (AUD$60 million) after the celebrity couple sold it for US$29 million in 2021.
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INTERNATIONAL
US housing market in transition as buyers gain ground
The housing market is showing signs of shifting toward buyers, though experts hesitate to call it a full buyer's market yet.Â
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INDUSTRY NEWS
Baby Boomers lock out buyers in Australia’s “forever suburbs”
Aspiring homeowners are facing significant barriers in hundreds of Australian suburbs where current residents are holding onto their properties for decades, creating tightly held markets that rarely offer buying opportunities.
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People Moves
Rising auctioneer Simon Nehme joins Cooley Auctions
Simon Nehme has joined forces with industry leader Cooley Auctions as a full-time auctioneer after transitioning from his three-year career as a real estate agent.
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Celebrity Homes
Historic Queensland mansion with ballroom hits the market
A significant piece of Brisbane's history has hit the market, offering buyers the chance to own a 1950s mansion complete with its own ballroom and art gallery.
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INTERNATIONAL
Sellers retreat as US housing market shifts
The housing market is experiencing a significant shift as sellers pull back from listing their homes in response to cautious buyer behaviour, creating a new dynamic in the real estate landscape.
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Celebrity Homes
Actor Jason Schwartzman lists California cottage at slight loss
Hollywood actor Jason Schwartzman has placed his Tudor-style cottage in Toluca Lake on the market for $1.749 million, slightly less than what he paid for the property less than a year ago.
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INDUSTRY NEWS
Canadian interest in US properties plummets amid tariff tensions
Canadian homebuyers are increasingly turning away from US real estate as trade tensions between the two countries intensify.Â
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Celebrity Homes
Former MLB star lists Malibu mansion for $39 million
Former San Francisco Giants player Hunter Pence has put his newly built Malibu mansion on the market for US$39 million (AUD$58 million).
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INTERNATIONAL
Scottish house prices rise despite flat demand
House prices in Scotland continued to edge upward in August despite a flattening in buyer demand.
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INDUSTRY NEWS
Sydney premium suburbs return to top growth rankings as Perth maintains dominance
Sydney's premium suburbs have returned to Australia's top property growth rankings for the first time since 2023, while Perth's Cottesloe-Claremont maintains its position as the nation's strongest growth suburb.
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Celebrity Homes
Former Domino’s CEO selling luxury Brisbane penthouse
Former Domino's Pizza boss Don Meij is selling his Brisbane penthouse after just two years of ownership as he prepares to relocate to Dallas for a new food industry venture.
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INDUSTRY NEWS
Londoners buying fewer homes outside the capital
Londoners are purchasing the lowest share of properties outside the capital in more than a decade, as stalling house prices and a return to office work limit their ability to relocate.
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INDUSTRY NEWS
Queensland property prices continue to soar
Queensland's residential property market continues to strengthen with impressive growth across the state, pushing up entry-level prices and making life challenging for first-home buyers.
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Celebrity Homes
Historic riverside mill with Hollywood connections hits market for £3.55 million
A landmark former Georgian water mill with connections to Oscar-winning actor Sir John Mills has been listed for sale for the first time in nearly 50 years, priced at £3.55 million (AUD$7.2 million).
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FRANCHISE NEWS
Besser + Co secures six REIV award nominations
Melbourne-based real estate agency Besser + Co has been recognised with six finalist nominations in this year's Real Estate Institute of Victoria (REIV) Awards for Excellence.
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FRANCHISE NEWS
Ray White Double Bay office opens flagship office
Ray White Double Bay's stunning new flagship headquarters doesn't just occupy Sydney real estate, it dominates it.
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