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

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.

News

Domain’s updated app to create more engaged buyers

Domain’s recently updated app aims to help boost buyer engagement and make life easier for sales agents.

News

Housing affordability hits the worst level in three decades

The great Australian dream of home ownership is becoming a nightmare for many families, with new data showing…

Industry News

Financial strain: 15 per cent of homeowners fear selling amidst rising costs

Distressed property sales could be on the rise according to new research which shows 15 per cent of…

News

QLD and WA suburbs continue to outperform

The property market across the country continues to look increasingly positive, with an expert tipping more growth is…

auction volume
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…

Industry News

Has the interest rate rising cycle run its course?

Two-thirds of experts believe interest rates have peaked, while 97 per cent say the Reserve Bank of Australia…

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…

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…

News

Three reasons rent growth could slow in 2024

There could be some relief on the way for struggling renters, with rental growth likely to start slowing…

News

Sydney’s luxury rental growth surges 13.1 per cent

Demand for Sydney luxury property has continued to surge with new data showing that rents have increased 13.1…

Industry News

@realty sold $2.59 billion in property last financial year

Despite rate rises and economic challenges, @realty has reported robust results in its End of Financial Year (EOFY)…

News

PEXA acquires environmental analytics company Land Insight

Digital property settlements platform PEXA Group is expanding their offering after acquiring environmental analytics company Land Insight.

News

REIA calls for more to be done to help ease rental crisis

The Real Estate Institute of Australia (REIA) is calling for an all-encompassing approach to deliver more homes and…

building approvals
News

Strong yields on offer in new home markets

Investors looking to buy new house and land are able to achieve yields of more than 7 per…

News

Strata managers struggling with verbal abuse and long hours

Strata managers are increasingly facing difficult working conditions, with nearly two-thirds facing verbal abuse from both owners and…

News

MyBrix set to shake up property finance

A peer-to-peer platform that enables buyers to fund and invest in Australian real estate is set to launch…

Industry News

The Agency increases market share and poised for more growth in 2024

The Agency sold more homes in the 2023 financial year despite national market transactions dropping more than 20…

News

‘Retiring renters’: Australia’s future crisis as home ownership falls 18 per cent for young adults

Home ownership rates have fallen almost 20 per cent in the past 40 years, with further headwinds propelling…

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.

News

Bunbury tops the list of promising regional locations 

Bunbury in the southwest of Western Australia has emerged as a top growth candidate, as the state's population…

News

Soft new home sales to hit builders in 2024

Australia is on the cusp of home building hitting a decade low at the same time demand for…

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…

First-home buyers
News

FHBs need up to two decades to save for a home deposit

Young Australians hoping to get into a home of their own are needing to spend up to two…

News

Renters turn a blind eye to property flaws to secure a property

Renters are putting up with mould, bad smells and even being forced to share a room in a…

News

40,000 low-income earners able to access the government’s shared equity scheme

Up to 40,000 low-income earners will get additional government help to purchase a home under the new Help…

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…

Industry News

McGrath posts $6.2 million profit with 18 new offices

McGrath has posted a solid net profit after tax of $6.2 million for the 2022-2023 financial year, despite…

building approvals
News

Building industry says “yes we can” build 1.2 million homes

The building industry has thrown its support behind the Federal Government’s “ambitious” plans to build 1.2 million homes…

News

REA Group named as one of Australia’s Best Workplaces  

Great Place to Work has named REA Group as Australia’s fifth Best Workplace for 2023 in the large…

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…

News

Sydney’s vacancy rate tightens again putting more pressure on renters

Relief for Sydney tenants has been short-lived with new data showing the vacancy rate has fallen again in…

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…

News

Businesses flee secondary office buildings

The flight to quality across the office sector continues to see businesses move towards higher quality spaces in…

Industry News

Realtair expands to New Zealand

PropTech Realtair has kicked off the start of its international expansion program, moving into New Zealand this week.