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

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Double your productivity without adding hours – with Elite Agent’s AI Powered Agent Workshop Series

Agents, property managers and leaders looking to supercharge their marketing and create content that effortlessly converts to customers, should sign up to Elite Agent’s full-day accelerated Artificial Intelligence workshops.

Hobart
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It now takes 15 years for house prices to double in value

The old saying that property prices double every 7-10 years, might need to be updated, with new data…

for sale sign
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ACT and WA likely to see an uptick in listings

The ACT and Western Australia are likely to see the largest percentage of vendors listing their homes for…

News

Sad day as :Different goes into voluntary administration

Australian PropTech company :Different has gone into voluntary administration, with KPMG set to sell the platform’s assets and…

News

AI could potentially lead to white-collar “Rust Belt suburbs”

The rapid rise in AI is already changing the way white-collar workers operate and it has the potential…

Industry News

Victoria dominates most in-demand suburbs

The Victorian suburbs of Berwick and Melbourne are the two most in-demand suburbs in the nation, according to…

News

Short-term and loss-making resales on the rise

Some sellers could be incurring a loss in order to avoid high mortgage repayments, with new data showing…

News

More branded residences coming to Australia

Australia could soon see more branded residences popping up, with developments featuring the likes of the Ritz-Carlton and…

News

The hotel industry rebounds as tourism nears pre-COVID levels

The hotel sector is showing signs of a return to pre-COVID occupancy levels, while room rates are also…

News

Lisa Pennell appointed new CEO for Barry Plant

Lisa Pennell has been appointed chief executive officer of the Barry Plant Group just six months after joining…

News

The fibs naughty renters tell their landlords

If you’ve ever told a fib to your landlord, then you’re not alone, with a new survey finding…

News

Western Australia has the best property market conditions

Some of Australia’s smaller capital cities and their associated regional areas have the strongest property markets in the…

Industry News

Fisherman Bay has Australia’s most serviceable mortgage repayments

Buyers looking for the most economical towns and suburbs where mortgage repayments are manageable should head to Fisherman…

News

Profitability is the number one concern for agency bosses

Profitability has been named the biggest challenge in the real estate industry courtesy of falling transaction volumes, according…

News

Herron Todd White: $750,000 won’t buy you as much as it used to

The surge in property prices since 2020 has left many homebuyers out in the cold, with fewer options…

Industry News

REIA hits out at Greens over rental inquiry fiasco

The Real Estate Institute of Australia (REIA) has slammed the Greens over the party’s decision to block the…

News

Sydney and Melbourne jump up the liveability rankings

After tumbling down the liveability rankings during government-imposed COVID-19 lockdowns, Sydney and Melbourne have bounced back in 2023.

News

House prices have doubled in two years in some regional areas

The surge in regional house prices has seen values in a number of locations double in just over…

Industry News

Investment property listings skyrocket in capital cities

The number of investment properties hitting the market has soared past decade-long averages in three capital cities, despite…

Industry News

National housing market set to recover next financial year

House prices in Sydney, Adelaide and Perth could have fully recovered from the 2022 downturn and reached new…

News

Share house demand surges across the country

Rapidly rising rents and a lack of rental properties are forcing renters to return to share houses in…

News

Cyber security for real estate agencies

Trust is the bedrock of every successful real estate agency and in today’s world of data breaches, that…

Industry News

New AI tool lets agents in on secret off-market opportunities

One of the original founders of Pricefinder has launched an AI-powered tool to help real estate agents generate…

News

Recent borrowers could end up spending 50 per cent of their income on their mortgage

Homeowners could be soon forking out up to 50 per cent of their income on mortgage repayments if…

Industry News

Flagstaff Hill the top pick for house investors

South Australia’s Flagstaff Hill has been named the country’s top suburb for house investors, with a strong median…

Zillow property listings
News

New listings push higher as stock levels slowly rise

In good news for buyers, new listings have rebounded nearly 20 per cent last month, however, the flow…

Industry News

Hundreds of markets lose million-dollar status

More than 250 house and unit markets have dropped out of the million-dollar club nationally, with Perth the…

News

Regional areas not the solution to city housing pressures

In the face of soaring living costs, a growing number of urban residents are contemplating a shift to…

News

Homelessness across Victoria surges by up to 435 per cent in some areas

The housing crisis continues to hit the most vulnerable hardest of all, with a new report finding that…

Franchise News

A financial review of the Australian Financial Review’s 24th fastest growing company

Being named in the AFR Fast Starters list was confirmation that the real estate market was ready for…

News

Rents surged up to 27.5 per cent in the past 12 months

Rents have jumped by as much as 27.5 per cent over the past 12 months marking the largest…

News

Escalating mortgage defaults as Australians grapple with mounting financial pressure

The number of Australians defaulting on their home loan is on the rise, according to new research.

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More than 40 per cent of suburbs see rents increase by double-digits

Surging migration and tight supply have led to 44.4 per cent of house and unit markets seeing rents…

News

Property prices could make new highs in 2024

If the current rebound in property values can continue, prices will make fresh highs in January 2024 according…