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

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) review.

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.

Industry News

Industry applauds National Cabinet’s property reforms

A step in the right direction, game-changing, ambitious and sensible are just some of the terms real estate…

Industry News

David ‘Kochie’ Koch joins Compare the Market

Former Sunrise host David Koch has issued a challenge to Australians to switch and save on a “big…

News

New spring selling season campaign for realestate.com.au

Property search portal realestate.com.au, has launched its spring marketing campaign with a headline TV commercial (TVC) featuring celebrated…

Byron Bay
News

High end regional property markets continue to struggle

Regional Australia’s housing market has declined over the past 12 months, with the high-end Covid hotspots continuing to…

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.

News

The proportion of eco-friendly homes on the rise

The number of eco-friendly listings is on the rise, with more homes being both built and marketed with…

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…

News

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.

News

The common sense way to provide the ultimate buyer experience

When Jane Briscoe began the process of finding a new family home in Sydney’s North in early 2022,…

News

RE/MAX Australia’s RMX23 conference ignites inspiration for agents

Mindset coaches, futurists and real estate technicians gathered at RE/MAX Australia’s multi-day Conference, RMX23, recently to motivate and…