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

Industry News

Sea change out, tree change in: Australians flock inland for an affordable lifestyle

Buyers are swapping the beach for the bush when it comes to relocating to more affordable regional areas, new research reveals.

Industry News

Unlocking confidence in Australia’s property market: agents hold the key to easing frustration and uncertainty

Australians are feeling frustrated, unbalanced and uncertain about the current property market, providing agents an opportunity to solve…

Aaron Worrad Mr Worrad Property Gold Coast real estate
News

Reforms needed to boost housing supply

Reform is needed to help boost housing supply amidst an unprecedented population increase according to an expert.

News

Andrew Hauser appointed Deputy Governor of the RBA

The Federal Government has appointed Andrew Hauser as Deputy Governor of the Reserve Bank of Australia (RBA) for…

Industry News

Home ownership hurdles: 2023 sees soaring costs, sinking affordability

Housing affordability has plummeted on three fronts in 2023, with simultaneous rises in rent values, housing values and…

Industry News

Buying beats renting in over a third of Australian homes

Rent growth over the past 12 months means it’s still cheaper to buy than rent more than one-third…

News

Airspace development association aims to tackle housing crisis

A new association has been set up aiming to encourage the new construction process of airspace development to…

Industry News

Summer’s approach spurs REIA to champion mutual agreements for tenant home modifications

Tenants looking to make moderate changes to a property they’re renting should reach out to their property manager…

News

Falling prices in some suburbs make it easier to buy in Sydney and Melbourne

With interest rates rising, buying conditions remain tough however, there are still locations where people can find both…

News

7 ways your agency can get the most value from AI

Generative AI could create between $110 billion and $180 billion in value for the real estate industry, but…

News

REIA President Hayden Groves to hand over the reins

Real Estate Institute of Australia (REIA) President Hayden Groves is set to finish up his term as head…

News

Barry Plant goes back to its roots with its rebrand and new offices

Barry Plant Group is set to rebrand with a fresh new look that takes the company back to…

Industry News

National Home Value Index hits a new high

Australia’s property market has experienced a V-shaped recovery, with the national Home Value Index hitting a new record.

News

Tourism and industrial sectors the big winners this year

The tourism and industrial sectors have been the shining lights in whats been a rough year for commercial…

News

Knight Frank: 2024 will be better for commercial property

After a tumultuous 12 months, 2024 is shaping up as a better year for commercial property, with Knight…

News

Sydney’s blue-chip suburbs see values grow by more than $2 million in 10 years

The premium Sydney locations of Manly, Mosman and the Eastern Suburbs have seen home prices surge over the…

Industry News

Listing levels back on track nationally

New listings surged in October, rising 17 per cent month-on-month nationally, according to the latest PropTrack Listings Report.

News

James Kirkland to head up Little Real Estate’s sales and marketing

Australia's largest independently owned real estate agency, Little Real Estate, has appointed James Kirkland as Executive General Manager…

News

REIA wants to phase out stamp duty and boost supply to tackle housing crisis

The Real Estate Institute of Australia (REIA) has called for stamp duty to be phased out and lending…

Industry News

Remote investing surges as investors head to WA

Remote investing has taken off in 2023, with the distance between where landlords live and where they invest…

News

Ray White’s annual conference uses curiosity to drive innovation and growth

The Ray White team has come together at their annual conference on the Gold Coast with a focus…

News

Property values rise in more than 80 per cent of markets

The Australian property market continues to build steam, with new data showing 82.4 per cent of house and…

Industry News

OnTheHouse and Openn combine to bring private treaty sales online

CoreLogic’s consumer property research and listing platform, OnTheHouse.com.au, has strengthened its partnership with Openn, to bring private treaty…

News

“Fundamentally broken” rental market crushing low income earners

Low income earners continue to be the hardest hit from the ongoing rental crisis, with renters in Sydney,…

Commercial

Office market declines approaching GFC level

The decline in office assets is approaching GFC levels, with the outlook for 2024 looking “rough” according to…

News

Three million Australian homes tracked on realestate.com.au

Homeowners now track a record three million Australian properties on realestate.com.au, which equates to almost 30 per cent…

Industry News

National vacancy rate hits record low… again

The national vacancy rate has hit a new record low of 1.02 per cent, according to PropTrack’s latest…

News

One in 10 homes must be affordable to end homelessness

With the housing crisis leaving many Australians without a place to live, there are calls for one in…

News

Demand for share accommodation heats up

Demand for share accommodation is ramping up this year, with the number of people looking for a room…

Industry News

Propic’s CLAIRE upgrade to revolutionise real estate customer service

Propic has completely rebuilt its innovative Artificial Intelligence technology, equipping its virtual concierge with more than 160 new…

News

The legal must-haves to take you from success to succession

With more and more principals planning early exits, it’s become increasingly important that you plan your succession strategically…

Parramatta struggles weekly asking rent
News

Immigration surge putting short-term pressure on rental markets

The flood of overseas migrants is putting the rental market under extreme pressure in the short term and…

News

Alternative assets grow in popularity despite commercial slowdown

Higher interest rates and geopolitical uncertainty are slowing down commercial property transactions, however, alternative assets are continuing to…

News

Australians believe energy-efficient features make properties more valuable

Seven out of 10 Australians believe energy-efficient features will make their homes more valuable, a new survey has…

News

Cup Day rate rise: RBA lifts interest rates to 4.35 per cent

The Reserve Bank of Australia has lifted interest rates for the first time in five months, hiking the…