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

News

How Ray White agents sold The Block house for a record profit

Sunday night marked a historic day for The Block, with Steph and Gian Ottavio, of House 4, selling their home for an eye-watering $1.65 million over reserve and setting the record for the highest profit ever recorded on the Channel 9 show.

News

Auction volumes hit an 18-month high as confidence returns

Spring selling season has seen a surge in the number of vendors taking their properties to auction as…

News

Tough conditions for buyers across Queensland, South Australia and Victoria

Property buyers in parts of Queensland, South Australia and Victoria are facing the toughest buying conditions in the…

News

New real estate platform to help vendors sell without agent fees

A new real estate platform is set to shake up the traditional role of a sales agent, offering…

Industry News

The interest ‘rates’ that stop the nation

It’s not often something steals the show on Melbourne Cup Day, but all eyes will certainly shift from…

News

Will there be rental homes for new year movers? 

There's no relief yet for tenants who are struggling to find a property to rent, with the rental…

News

Tiny, but mighty, house on 30sq m wins national architecture award

A unique house with a tiny 30sq m footprint (about the size of a hotel room) has won…

News

Unlocking agent potential: Laing+Simmons’ innovative mentoring approach

A new Laing+ Simmons mentoring program that matches agents according to their values and personalities has already proved…

News

NSW overtakes QLD as most popular location for people leaving the cities

Regional New South Wales has overtaken regional Queensland as the most popular destination for people looking to move…

News

REIA’s plan to reduce the environmental impact of commercial property 

The Real Estate Institute of Australia (REIA) has released a new report that outlines long-term measures commercial property…

News

Investor numbers fall 27 per cent even as prices rebound

Despite the strong rebound in property prices, investors continue to exit the market spooked by higher rates according…

Industry News

From ordinary to extraordinary: The Block leaves lasting impression on property market

The 19th season of hit renovation show, The Block, may be nearing its finale, but it will leave…

Commercial

RWC Medical uniquely links healthcare real estate and recruitment

Franz Stapelberg is looking to revolutionise the healthcare real estate sector, setting up an end-to-end service with the…

Industry News

Australian property prices hit a new record

The downturn is officially over, with property prices hitting a new peak after rising 0.36 per cent in…

Industry News

REA Group secures multi-grand slam champion for its 2024 headline property industry event

REA Group has secured former world number one and eight time Grand Slam champion, Andre Agassi, as the…

News

ASQA to audit real estate training for standards compliance

The Australian Skills Quality Authority (ASQA) will monitor the performance and conduct audits of registered training organisations (RTOs)…

News

The home ownership dream feels out of reach for Millennials and Gen-Z

With property prices sitting at record highs a growing number of younger Australians feel that home ownership is…

News

Demand for regional property ‘here to stay’

The pandemic-infused flight to the regions is here to stay with a number of more affordable areas likely…

Industry News

Rental market is ‘extremely challenged’ as listings drop and rents soar

A chronically challenged rental market, fuelled by record low supply and soaring weekly rents, is creating a self-perpetuating…

News

Aussies could be making an extra $667 per month renting their spare room

Homeowners could be raking in an additional $667 every month if they rent out their spare room according…

News

REIA proposes plan to tackle housing crisis

The Real Estate Institute of Australia (REIA) has released bold suggestions to tackle the ongoing housing crisis and…

News

Investors flee Victoria causing more pain for tenants

Already in the grips of a rental crisis, investors are selling off their Victorian investment properties en masse,…

News

Surging immigration sees overseas buyers targeting Australian property

Overseas buyers are increasingly targeting Australian property, with new data showing online searches have surged back above 2019…

News

Inflation jumps as banks predict a November rate hike

Borrowers could be in for a Melbourne Cup day rate hike according to the major banks as the…

News

Buyers seek transparency: 72 per cent skip properties without prices listed

Property listings without prices are buyers' biggest pain point when searching for a new home on realestate.com.au, according…

News

First National equips property managers to handle domestic violence skilfully

In Australia, a domestic violence incident occurs every two minutes and with 88 per cent of incidents occurring…

News

Property market to recoup 2022 downturn by the end of the year

Australia’s property market has almost entirely recovered from the 2022 downturn and will do so by the end…

Industry News

REIA looks to tackle real estate ethics score head-on

The Real Estate Institute of Australia (REIA) has taken a proactive approach to the industry recently being perceived…

First-home buyers
News

First-home buyers opting for “memories not mortgages”

First home buyers are increasingly First-home buyers are increasingly opting for “memories not mortgages” as the high cost…

News

Bring the Mediterranean home in landscape design

The allure of the Mediterranean is leaving its imprint on Australian home and garden designs, with influences expected…

Industry News

Fleeing the CBD: Australia’s rising rents force tenants to the fringes

Australia’s combined capital city rents have soared a further 10 per cent in the year to September, with…

Industry News

Perth and Adelaide tenants battle skyrocketing enquiry rates amid rental crisis

Tenants in Perth and Adelaide are facing increasingly tough rental conditions, with super low vacancy rates sending enquiry…

Industry News

Can housing keep up with Australia’s forecast population boom?

Australia’s population is set to grow by $7.4 million by 2041, requiring an extra two million homes across…

Industry News

Rental costs rise sharply as vacancy rates hit record lows across Australia

The top 25 regions in the nation in Suburbtrends’ Rental Pain Index all scored either 100 or 99,…

News

One in 10 young adults forced to move back in with their parents

Increasing numbers of younger Australians are being forced to move back in with their parents as the cost…