Search Results for: melbourne
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National
Housing market tipped for steadier price growth in 2026
Australia’s housing market is expected to remain resilient next year, with price growth continuing at a more measured pace as affordability pressures and supply constraints shape conditions.
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INDUSTRY NEWS
Australian housing market profitability reaches 20-year high
Australian residential property sellers experienced their highest profitability rate in over two decades during the September 2025 quarter, with 95.5 per cent of transactions resulting in nominal profits.
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FRANCHISE NEWS
Andrew McCalman joins Besser+Co as Sales Manager & Licensed Estate Agent
Besser+Co has welcomed experienced Melbourne agent Andrew McCalman to the team, appointing him as Sales Manager and Licensed Estate Agent as the business continues to expand its sales footprint.
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National
Property forecasts for 2026 point to uneven growth and shifting buyer priorities
Australia’s property market is heading into 2026 with improving confidence but uneven conditions. New forecasts point to affordability-driven demand, persistent rental pressure and selective recoveries, with local supply playing a bigger role than interest rates.
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VIC Real Estate News
Inner Melbourne rental supply falls as landlords sell amid policy pressure
Thousands of rental homes have disappeared from Melbourne’s inner and middle-ring suburbs since 2017, with new data showing landlords selling amid rising taxes, tighter regulations and compliance costs.
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INDUSTRY NEWS
Five per cent deposit scheme reveals big regional disparities
The expanded five per cent deposit scheme for first-home buyers is creating vastly different opportunities across Australian cities, with Melbourne offering the most eligible properties while Gold Coast buyers face severely limited options.
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INDUSTRY NEWS
Experts reveal Australia’s property hotspots for 2026
The annual realestate.com.au Hot 100 has identified the suburbs across Australia expected to outperform the market in 2026 and beyond.
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SUPPLIER NEWS
The firm doing the heavy lifting behind thousands of rental homes
Sydney-based Crossub has transformed property management by handling back-office tasks while agencies maintain client relationships. Their AI-driven system manages thousands of properties across Australia and now the UK, allowing real estate firms to grow their rent rolls without the administrative burden.
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INDUSTRY NEWS
Renters will need six-figure incomes by 2026
Australian renters will need to earn significantly more to afford housing in 2026, with new analysis from Domain revealing households will require incomes of over $112,000 to rent a typical capital city house without experiencing financial stress.
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PROSPECTING + LISTING
How Verified Data Is Changing Real Estate Prospecting
Top real estate agents are revolutionizing prospecting by leveraging verified property data to target the right homeowners at the right time. Rather than cold-calling entire neighborhoods, they're using contextual information to personalize outreach, prioritize high-potential leads, and build meaningful relationships that convert to listings.
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OPINION
What vendors want today from their agent
Today's property vendors seek agents who deliver more than sales pitches—they demand market data, transparent timing advice, and nuanced understanding of buyer demographics. As Melbourne's housing market shows strong auction clearance rates amid affordability challenges, successful agents combine hard data with strategic guidance to replace uncertainty with confidence.
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INDUSTRY NEWS
Rental vacancy rate reliability questioned in landmark study
Australia's reliance on private companies to measure rental vacancy rates has been called into question in a groundbreaking study that reveals significant inconsistencies in this critical housing market metric.
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INDUSTRY NEWS
Australian hotel sector rebounds with strong summer outlook
Australia's hotel sector is experiencing a significant recovery with transaction volumes rising and occupancy rates strengthening across most major markets as the country enters its peak summer holiday season.
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INDUSTRY NEWS
Sydney’s Bellevue Hill claims title of Australia’s most expensive street
Kambala Road in Bellevue Hill has emerged as Australia's most expensive street with a median house price of $39.35 million, according to new research highlighting the extreme polarisation in Australia's residential property market.
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INDUSTRY NEWS
Rate cuts fuel price growth but fail to improve affordability
Australia's property market ended 2025 with renewed confidence as interest rate cuts boosted buyer activity, but affordability remains a significant challenge across all major cities.
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INDUSTRY NEWS
Housing market stabilises as east coast capitals cool
Australia's housing market has flattened in November, with national house and unit prices remaining unchanged after several months of steady growth, according to new data.
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National
Home prices climb to new high as growth slows at end of spring
Australia’s property market closed out spring with another price rise, pushing national home values to a new peak. Growth remained broad-based across the capitals and regions, but November’s gains were softer than October’s. Economists say tight supply, population inflows and earlier rate cuts continue to tip conditions in favour of sellers, though affordability pressures are expected to temper growth through…
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INDUSTRY NEWS
Housing market momentum to continue into 2026 despite uncertainty
The Australian housing market is entering 2026 with stronger momentum than anticipated, despite facing an unusual degree of uncertainty according to a leading economist.
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Agent Stories
Standalone factory in Huntingdale secures $1.924 million in six-day campaign
A standalone brick factory at 32 Clifford Street, Huntingdale, has sold for $1.924 million in just six days on market, with Stefano Petsis executing the private treaty campaign. The industrial asset attracted eleven interested parties despite minimal marketing expenditure, with Stefano collaborating with Aston Commercial to deliver the result. “The vendors were thrilled with the speed of sale,” said Stefano…
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FRANCHISE NEWS
Harcourts Mandurah takes on 36-hour treadmill challenge for Movember
The team at Harcourts Mandurah is once again stepping up to support men's health by taking part in a 36-hour non-stop treadmill challenge for Movember.
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National
Living by the water now costs 86 per cent more as scarcity pushes prices to new highs
New McGrath research shows waterfront homes now cost 86 per cent more than inland properties. Sydney leads with a 122 per cent premium, while Queensland holds the highest share of waterfront sales.
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Movers and Shakers
Rohullah Paykari expands LJ Hooker presence in Melbourne’s south-east
After five successful years with LJ Hooker Dandenong, Rohullah Paykari is expanding the network's reach with a second office in Berwick.
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Commercial Real Estate
From core CBDs to fringe markets: Knight Frank maps Australia’s 2026 commercial upswing
Knight Frank’s Australian Horizon 2026 outlook outlines seven forecasts for the commercial sector, pointing to a widening recovery and a shift in investor focus beyond core precincts.
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Movers and Shakers
Sotheby’s International Realty officially expands into Melbourne and appoints new local CEO
Sotheby’s International Realty, the world’s most prestigious luxury real estate brand, has officially launched in Melbourne, appointing Mitch Armstrong as Chief Executive Officer and Managing Director of Projects to lead the new operation.
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National
Housing affordability hits record lows across Australia
Australia's housing affordability has reached unprecedented lows, with three of four key national indicators hitting record highs in 2025, signaling both buying and renting have become unsustainable for many Australians.
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Movers and Shakers
Ellis Schofield: Market knowledge drives success in Frankston
Ellis Schofield's obsession with market data and negotiation skills has helped him build a thriving real estate business in Melbourne's Frankston area, where he now enjoys greater freedom and higher earnings after joining Area Specialist.
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Real Estate News
Home prices to hit new highs in 2026 as first-home buyer demand intensifies: Domain
New forecasts suggest house prices will keep rising across the capitals in 2026, with first-home buyers, investors and renters all facing another year of tough competition.
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National
Student housing pipeline expands as federal policy links visas to new beds
Australia’s student housing pipeline has reached 40,000 beds as new federal rules tie international enrolments to accommodation supply, though Victoria’s tax settings remain a major barrier.
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QLD Real Estate News
Townsville leads regional Australia’s next wave of growth
Townsville is emerging as the standout among Australia’s regional markets, illustrating a new phase where lifestyle appeal and economic depth combine to drive long-term performance. According to Ray White Group Senior Data Analyst Atom Go Tian, this blend of affordability, coastal living and diversified employment marks the direction regional Australia is now heading. Townsville’s median price of $653,000 positions it…
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Celebrity Homes
Goldman Sachs executive lists Melbourne mansion for $22 million
A prestigious Brighton beachfront property owned by Goldman Sachs executive Nick Sims and his wife Georgina has hit the market with a price guide of $20-22 million.
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INDUSTRY NEWS
49 suburbs see house prices grow at triple the national rate
House prices in 49 suburbs across Australia's capital cities have grown more than three times faster than the national average over the past year, highlighting pockets of exceptional demand in the property market.
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INDUSTRY NEWS
Spring property momentum builds as listings climb and confidence returns
Domain’s October data shows a lift in seller confidence, with new listings at their highest level in a year and steady auction results across the capitals.
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INDUSTRY NEWS
Housing market reveals growing gap between buyer searches and property prices
Australia's housing market is experiencing a significant misalignment between what buyers are searching for and what sellers are listing.
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INDUSTRY NEWS
Lower-priced homes outperform following 5% Deposit Scheme expansion
Properties falling within the price caps of the Federal Government's expanded 5% Deposit Scheme experienced stronger growth in October, though experts caution against attributing this solely to the policy change.
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FRANCHISE NEWS
Belle Property Commercial acquires Axis Property
Belle Property Commercial has announced the acquisition of Axis Property, marking a significant expansion in its commercial property services across Melbourne.
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