Search Results for: melbourne
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INDUSTRY NEWS
Digital Affordable Housing Register to help solve the housing crisis
Australia will become home to an Affordable Housing Register that will unlock the private sector to participate in affordable housing in an effort to solve the nation’s housing crisis.
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INDUSTRY NEWS
The “big cities are back” as the property price rebound continues
Property prices are likely to continue to grow in the months ahead, after a “massive improvement” in conditions over the winter months according to an expert.
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Real Estate News
New listings soar across the country in August
New listings soared more than 20 per cent in August, with Sydney and Melbourne recording their busiest end to winter in more than a decade.
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INDUSTRY NEWS
PropertyMate’s platform transforms home searches, wins industry support
A property search platform that enables consumers to search for their perfect home by lifestyle options is also swiftly gaining support from real estate agencies and agents.
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FRANCHISE NEWS
Saint & Wood set to deliver exceptional service to St Kilda and Elwood
For Victorian agent Alicia Walker, her 20-year real estate career has always been about far more than just selling property.
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INDUSTRY NEWS
Vacancy rates on the rise across the country
There are early signs of relief for struggling renters, with a new report showing vacancy rates have started to increase in most capital cities over the past three months.
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INDUSTRY NEWS
Investors selling up as government threats push them out
New legislation, increased taxation, and potential rental reforms, including rent freezes, have led to 12 per cent of Australian investors selling their properties, according to a new survey.
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FRANCHISE NEWS
Innovation ahead: Pontem has joined The Agency
Pontem, an innovative agency that uses a digital immersion suite to market and sell projects in Victoria, has joined The Agency.
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National
National vacancy rate hits new low of 1.1 per cent
The national vacancy rate has hit a new low of just 1.1 per cent after recording its largest drop in more than a year in August.
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Real Estate News
Build-to-rent set to take off in Australia
Australia’s build-to-rent sector is set to grow to 55,000 dedicated units by 2030, with growth set to mirror that of the UK from 2015 onwards.
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INDUSTRY NEWS
New listings in Sydney hit the highest level in 14 years
Sydney has experienced the biggest surge in new listings since 2009, with vendors rushing to the market as Spring selling season kicks off.
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INDUSTRY NEWS
Short-stay accommodation increase contributing to the rental crisis
A sharp increase in the number of homes being put up as short-term accommodation is adding to the ongoing rental crisis according to the Real Estate Institute of Australia (REIA).
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INDUSTRY NEWS
“Buyers are back”, as higher prices boost confidence
The likelihood that rate hikes have ended and rising prices, has seen buyers return to the market according to a new report.
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INDUSTRY NEWS
New listings off to a strong start this spring
The spring selling season appears to have started early with new listings growing 9.4 per cent across Australia in August.
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INDUSTRY NEWS
Property prices have bounced again in August
Spring selling season has arrived and property prices are continuing to heat up, with new data showing that values jumped 0.28 per cent in August.
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INDUSTRY NEWS
The suburbs where owners hold homes more than 20 years
Clarinda, in Melbourne’s south-east, has been named the country’s most tightly held suburb for houses, with homeowners holding onto their properties for an average 24.4 years.
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CONTRIBUTORS
Regional migration slows but not in Queensland or South Australia
Despite decades of government intervention to try to get more people to move to regional Australia, it was the pandemic that led to the biggest shift of people from capital cities to regional Australia.
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INDUSTRY NEWS
Council to vote: Melbourne’s proposed short-term rental crack sparks business outcry
The City of Melbourne's proposed plan to regulate short-term rentals has been met with sharp criticism from business groups.
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Elite Agent
Wide verandas, picket fences or the CBD? How coastal cities near the capitals could ride post-COVID waves of growth
The COVID-19 pandemic triggered population growth in regions at the expense of capital cities. Regional migration has since stabilised, but the pandemic has left its mark. Australians reassessed where they wanted to live and work.
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INDUSTRY NEWS
Rents likely to rise as vacancy rates fall again
There’s still no relief for struggling renters, with vacancy rates falling again in July.
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INDUSTRY NEWS
Industrial assets remain the strongest commercial property class
Commercial assets have been the battling rising interest rates in 2023, however, industrial assets have managed to see strong ongoing demand.
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INDUSTRY NEWS
New listings on the rise, with more stock on the way
New listings are on the rise in Sydney and Melbourne, but the smaller capital cities could be about to see an influx of new stock according to new data.
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INDUSTRY NEWS
New listings on the rise in Sydney and Melbourne
New listings are rapidly rising across Sydney and Melbourne, setting up a busy spring for agents, according to a new report.
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INDUSTRY NEWS
Domain profit dips but green shoots are appearing
Domain Chief Executive Officer Jason Pellegrino has labelled the Australian property market over the past six to nine months as the “most challenging” ever seen, with the group posting reduced revenue and profits.
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INDUSTRY NEWS
Businesses flee secondary office buildings
The flight to quality across the office sector continues to see businesses move towards higher quality spaces in a trend that is likely to continue.
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INDUSTRY NEWS
Falling land sales to add to housing pain
Despite the ongoing housing crisis and record levels of immigration increasing demand for homes, land sales have collapsed.
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INDUSTRY NEWS
Apartments emerge as a top investment candidate
Strong demand for apartments has made units an enticing proposition for investors, with a host of locations likely to see rising prices in the next six months.
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Real Estate Agent Events
Join Domain at RISE Thrive 2023 to embrace a holistic path to success
Later this month, RISE Thrive 2023 will take place at CENTREPIECE, Melbourne Park on Tuesday 29 August.
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SUPPLIER NEWS
Listings slump leads to REA Group profit drop
A 12 per cent decline in national listings is one of the key factors behind REA Group posting a nine per cent drop in net profit in the year ended June 30.
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Celebrity Homes
Sam Frost sells her ‘Bachelorette’ pad
Former Bachelorette star Sam Frost, who has transitioned into a popular podcaster following her roles in Home and Away and as a radio presenter, has recently sold her townhouse located in Alexandria, Sydney.
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INDUSTRY NEWS
Which generation is most likely to engage in rent bidding?
Baby boomers are the least likely cohort of renters to engage in rent bidding, according to new research from rent.com.au.
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INDUSTRY NEWS
Queensland and Western Australia seeing increased demand for office space
While office vacancy rates are rising in Sydney and Melbourne, demand has lifted Queensland and Western Australia according to an expert.
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INDUSTRY NEWS
Vacancy rate easing was just a “blip” according to new research
Rising vacancy rates in certain suburbs might just have been a “blip” with new data showing the number of available rentals in some areas is again starting to fall.
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INDUSTRY NEWS
There are still affordable rentals across the country
Despite the ongoing rental crisis making life difficult for tenants, there are still suburbs that are affordable for renters according to a new report.
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INDUSTRY NEWS
Housing affordability is driving families out of Sydney
Young families are leaving overpriced Sydney en masse, pushed out by the skyrocketing price of property according to a new report.
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