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Real estate news from across Australia – market shifts, regulatory changes, and industry developments that affect property professionals nationwide.

News

Elite Retreat auction raises over $30,000 for children’s charity

A successful charity auction at this year's Elite Retreat on Hayman Island has raised more than $30,000 for Steve’s Caroll’s Digital Live bike ride, supporting the children's charity Hands Across…

News

Home buyers prioritise lifestyle this Spring selling season

Home buyers are putting lifestyle first this Spring selling season, alongside traditional factors like location and size.

News

The suburbs where homeowners hold onto property for 20 years

Certain Australian suburbs are seeing homeowners hold onto their properties for more than two decades which is double…

News

realestate.com.au launches AI room renovation tool

realestate.com.au has launched an AI-generated styling tool that allows users to digitally renovate property images.

News

US buyers drive a surge in international interest for Australian property

International interest in Australian properties has seen a significant jump, with searches from overseas buyers and renters increasing…

News

Property market delivers record profits for Australians

Australia’s property market continues to solidify its reputation as a reliable wealth-building avenue, with a significant surge in…

Industry News

Social housing and investor reforms urgently needed

The government needs to focus on building more social houses, eliminate policies like negative gearing and coordinate national…

News

Sydney records the highest prime rental growth in the world

Sydney has once again recorded the highest annual prime rental growth across 15 of the world’s leading cities.

News

Home buyers make offers after just 20 minutes

Home buyers in the UK, are spending less than 20 minutes looking at a home before putting in…

News

Senate launches enquiry to examine first home buyer finance

The Senate has voted to begin an inquiry examining the impact of Australia's financial regulations on home ownership,…

Industry News

Domain reports solid jump in revenue and profit

Domain has reported a “strong” set of financial results for the 2024 financial year, with revenue increasing 13.1…

News

Spring selling favours vendors in Adelaide and Perth

The upcoming spring selling season is expected to be particularly good in Adelaide and Perth as vendors cash…

News

Foreign investors drive commercial property sales to $11.5 billion

Foreign investors have made a significant return to Australia's commercial property market, driving sales to $11.5 billion in…

News

Harcourts bids big for mental health with Blue Friday auctions

Harcourts Australia is getting ready to paint the country blue, with its nationwide auction event to raise money…

News

Buyers’ optimism grows, but affordability challenges slow property searches

Prospective buyers feel positive about entering the property market, but once the house hunt starts, affordability challenges mean…

News

Grant Hackett: Focus on purpose and meaning to succeed

If you want to succeed in real estate or sports you need to focus on finding your purpose…

Industry News

Buyers find more options as property supply rises

Properties will need to be priced right coming into the spring selling season, with the latest data from…

Industry News

Nationwide workshops to shape future of property services qualifications

BuildSkills Australia (BuildSkills) will hold consultation workshops around the country as part of qualification reform in the property…

News

One-minute data: Rental vacancy rate stabilises as investors return

The national rental vacancy rate held steady at 1.42 per cent in July, with some cities seeing improved…

Industry News

Construction costs spike again, driving property prices to new heights

Last year, it looked like the rapid rise in construction costs had come to an end.

Industry News

Angela Limanis on breaking barriers: How women can succeed in auctioneering

Not letting your fears outweigh your passion for real estate is the key to more female agents taking…

Industry News

Kolmeo’s new platform to deliver smart, on-demand services for tenants and landlords

Property management software provider Kolmeo has launched an innovative new platform for its subscribers aimed at helping them…

News

Buyers cautious with economy stuck between a ‘rock and a hard place’

The Australian property market is currently mixed with the economy trapped between a ‘rock and a hard place’…

Industry News

REA Group reports revenue and net profit surge

REA Group has reported strong financial results for the year ended June 30, 2024, with revenue up 23…

News

Ex-partners forced to live together to save money

Almost one in five Australians have been forced to remain living with an ex to save money on…

News

Population growth puts renters under extreme pressure

Surging population numbers are continuing to drive the rental crisis and politicians will need to answer for policies…

Industry News

Geoff Lucas contract terminated with The Agency

The Group Chief Executive Officer and Managing Director of The Agency, Geoff Lucas, has had his contract with…

Industry News

Monthly rental growth hits lowest rate in four years

The Australian rental market has experienced its slowest growth in four years, with new data showing a modest 0.1 per…

News

NSW to ban background check fees for renters

The NSW government is set to ban fees charged to prospective tenants for background checks when applying for…

News

International student caps not enough to free up housing

Universities across Australia could soon face new regulations limiting their international student enrolments to a maximum of 40…

Industry News

RBA keeps interest rates on hold at 4.35 per cent

The Reserve Bank of Australia has kept interest rates on hold at 4.35 per cent at its August…

News

Barry Plant’s “Call-lympics” nets 1800 appraisals

Barry Plant's network-wide appraisal drive, dubbed the "Call-lympics," has resulted in over 1,800 appraisals booked during two short…

News

Most buyers and sellers rate their experience with agents positively

Three-quarters of buyers and sellers involved in a property transaction in the past year have rated their experience…

Industry News

Valentina Parra finds work-life balance through auctioneering

When experienced sales agent, Valentina Parra, made the move to Ray White corporate, she realised she missed the…

News

Australian owner-occupier mortgage surges $154 a day

The average new owner-occupier mortgage in Australia has reached a record high of $636,597, marking an increase of…