Search Results for: The Block
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INDUSTRY NEWS
Record migration adds to housing market pressures
Australia’s migration numbers are smashing records, and the housing market is feeling every bit of it. With more than 450,000 new permanent and long-term arrivals in the past financial year, which well above government forecasts, demand for homes is set to stay fierce.
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INDUSTRY NEWS
ASIC review could unlock billions for property investment
The Australian Securities and Investments Commission (ASIC) has launched a targeted review that could potentially boost superannuation fund investment in property assets by billions of dollars.
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Movers and Shakers
Rick Jacobson returns to Burgess Rawson
Rick Jacobson has rejoined Burgess Rawson as a Senior Negotiator, bringing his extensive commercial property expertise back to where his career began.
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Movers and Shakers
John Heng joins Aurora Property with high-performing team
Top-performing southern Brisbane agent John Heng and his team have joined growing independent agency Aurora Property, bringing $100M+ in annual sales volume.
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Movers and Shakers
Jason Cleary leads Elders Real Estate expansion into Sunshine Coast Hinterland
Industry veteran Jason Cleary has been appointed to lead Elders Real Estate's newest office in the Sunshine Coast Hinterland, bringing over 25 years of property expertise to the role.
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Movers and Shakers
Knight Frank expands Melbourne retail leasing team
Knight Frank has bolstered its retail leasing capabilities in Melbourne with the appointment of Michael Di Carlo as Director, Retail Leasing, and Marie Formica as Retail Leasing & Projects Coordinator.
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Movers and Shakers
Jake Polce appointed Associate Director at DUET Property Group
Long-standing team member Jake Polce has been appointed Associate Director and Co-Owner of DUET Property Group after five years with the Perth-based agency.
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Celebrity Homes
Dubrows sell Beverly Hills mansion for $16.5 million
The luxury real estate market in Beverly Hills continues to thrive as celebrity couple Terry and Heather Dubrow have sold their mansion for US$16.5 million (AUD$22 million).
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FRANCHISE NEWS
Martin and Mark Mintoff join Harcourts
Harcourts Australia is excited to welcome award-winning real estate agents Martin and Mark Mintoff to the Harcourts team.
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INDUSTRY NEWS
New Zealand property resale profits hit a decade low
Property owners in New Zealand are experiencing the lowest rate of resale profits in more than a decade as subdued values and high inventory levels continue to favour buyers in the current market.
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INDUSTRY NEWS
Listings lag, but sellers hold the advantage
Despite favourable market conditions, new property listings are well below average. Discover the five structural factors driving Australia’s housing shortage.
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INDUSTRY NEWS
Australia losing nearly 23 affordable homes a day
Australia’s affordable housing supply is shrinking at an alarming rate, with new data showing nearly 23 sub-$750,000 homes disappearing from capital city markets every day. Fresh analysis from Ray White Chief Economist Nerida Conisbee reveals that while affordable unit numbers are rising slightly, they’re nowhere near enough to offset the steep and sustained losses in houses.
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OPINION
Is it time to retire the GOAT? Rethinking auction clearance rates as the market barometer
Australia's long-trusted auction clearance rates may no longer tell the full story of the property market. As selling strategies diversify and buyer behaviors evolve, this once-definitive metric increasingly captures only a fraction of transactions, raising questions about what truly measures market health in today's complex real estate landscape.
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INDUSTRY NEWS
Homeowners bank record profits as housing market recovery gains pace
Australia’s property market is delivering windfall returns for sellers, with new Domain data showing most homeowners are reaping substantial profits when they sell. In the first half of 2025, profit-making sales reached their highest level in decades for houses and in three years for units, as rising prices and longer ownership periods combined to boost equity across much of the…
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OPINION
The great property pause: How agents can turn “not yet” into “let’s go”
For many Australians in their 20s and 30s, buying a first home feels out of reach. Buyer’s agent Tash Kessel says hesitation is growing, but the right guidance can turn that pause into progress.
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INDUSTRY NEWS
Melbourne office market faces major shift under proposed WFH rules
Victoria’s plan to make working from home a legal right is expected to trigger a major shift in Melbourne’s CBD office market, with new analysis suggesting the changes could reshape demand, rental values and investor strategies across the sector.
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FRANCHISE NEWS
Harcourts Agents Fast Tracked For AI Success With Exclusive Six Week Bootcamp
In an Australian real estate industry first, Harcourts is partnering with leading industry expert Samantha McLean to rollout an exclusive six-week intensive AI for Agents training program as part of its Academy offering.
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Celebrity Homes
‘Chateau Swann’ hits the market as AFL boss heads south
AFL football boss Greg Swann and his wife Leonie are farewelling their beloved Queensland home, affectionately known as ‘Chateau Swann’. The five-bedroom entertainer’s haven, which has played host to AFL stars, family and friends over the past decade, is headed to auction later this month as the couple make the move to Melbourne.
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SUPPLIER NEWS
Calm, confident and in control: why property managers are showing up to MECCA after hours
Ailo has launched a new series of invitation-only events for property management leaders, held after hours in MECCA stores across Australia. The small-format gatherings focus on candid discussions about industry change, technology adoption, and leadership in what Ailo describes as the “third wave” of property management.
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FRANCHISE NEWS
Eastern Suburbs agent Jack Taylor joins BresicWhitney
BresicWhitney has welcomed established sales agent Jack Taylor, in a sign of considered momentum for Sydney's leading property group.
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INDUSTRY NEWS
RBA rate cut set to fuel spring property market confidence
The Reserve Bank’s third cut this year is poised to lift market sentiment ahead of the busiest selling season, but experts warn that affordability challenges remain.
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FEATURE INTERVIEWS
Rudy Grommen: Finding strength in family and team
Rudy Grommen's positive outlook has not only built a successful real estate career spanning 25 years but is now helping him face his biggest challenge yet, stage four colorectal cancer.
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Celebrity Homes
Brad Pitt acquires $12 million Hollywood Hills home
Hollywood star Brad Pitt has purchased a Spanish-style home in Los Angeles for US$12 million (AUD$18 million), adding to his growing real estate portfolio.
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FRANCHISE NEWS
Harcourts Foundation gets behind GoodNight Tasmania
The Harcourts Foundation is putting its support behind GoodNight Tasmania, a community wide initiative for all unsheltered homeless.
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FRANCHISE NEWS
Ray White celebrates its 2025 international winners
More than 3000 members of the leading property group Ray White came together and celebrated the 2025 financial year on the Gold Coast last night.
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INTERNATIONAL
Foreign buyers get a leg up in US housing market
Foreign buyers are finding increased purchasing power in the US housing market as the American dollar weakens against several international currencies, effectively creating discounts despite record-high home prices.
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INDUSTRY NEWS
Property boom creates record number of Australian millionaires
Australia now boasts one of the world's highest concentrations of millionaires, with one in ten Australians holding wealth exceeding US$1 million, according to a new report.
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Connect 2025
So you want to be a luxury agent?
From selling her own dream home for a record $21.5 million to rubbing shoulders at Paris fashion week, Vivien Yap has redefined what it means to be a luxury agent.
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Ray White
From data to doorsteps: Mark McLeod says the real win still happens in the living room
Mark McLeod says the biggest win in real estate still happens in the living room. Speaking at Connect 2025 with NurtureCloud founder Michael Kot, the Ray White Chief of Strategy revealed agents who step inside a homeowner’s property are 400% more likely to win the listing, and the right tech can make sure they get there.
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Celebrity Homes
Actress sells historic Case Study house above asking price
Lily Collins has sold her midcentury modern home in Pasadena, California for US$6.13 million (AUD$10 million), exceeding her asking price in an off-market deal that closed in late June.
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FRANCHISE NEWS
RWC celebrates record-breaking year at international awards
The RWC Annual International Awards for FY2024/25 took centre stage last night at The Star Gold Coast, the evening before the highly anticipated Connect 2025 conference - the largest ever hosted by Australia's biggest real estate group.
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FRANCHISE NEWS
Ray White Rural and Livestock celebrates its 2025 winners
More than 250 guests attended the annual Ray White Rural and Livestock awards at the Gold Coast to celebrate the achievements of the top offices and individuals throughout the network.
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Ray White
“You’ve got to go for the overtake”: Daniel Ricciardo on resilience, setbacks and holding onto the wins
From go-kart tracks in Perth to the podiums of Formula 1, Daniel Ricciardo has learned that success isn’t just about speed, it’s about resilience, risk-taking and knowing when to savour the moment. In a sport where fortunes can change in a heartbeat, his mindset offers lessons any real estate agent can use when the race gets tough.
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Ray White
Leadership vs management: lessons from the Harvard scholar and the Ray White chairman
Harvard leadership expert Boris Groysberg and Ray White Chairman Brian White AO share the decision-making habits, culture shifts, and mindset that separate true leaders from managers, and keep businesses thriving for generations
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Thought Leaders Podcast
Breaking Barriers and Building Foundations: Antonia Mercorella’s Blueprint for Industry Leadership
TL;DR: Theatre degree, law practice, then CEO of Queensland’s Real Estate Institute – Antonia Mercorella’s path makes perfect sense once you understand her philosophy. With over a decade leading the REIQ, she’s transformed a century-old institution by prioritising corporate governance over quick wins, making tough constitutional reforms, and creating platforms like RealWorks that virtually every Queensland agent now uses. In…
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