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

News

Fixed rate mortgage cliff hasn’t hurt borrowers yet

With the fixed rate mortgage cliff already underway, there’s still no sign of distressed sellers or a blowout in arrears according to an expert.

Industry News

Which generation is most likely to engage in rent bidding?

Baby boomers are the least likely cohort of renters to engage in rent bidding, according to new research…

News

Queensland and Western Australia seeing increased demand for office space

While office vacancy rates are rising in Sydney and Melbourne, demand has lifted Queensland and Western Australia according…

News

Vacancy rate easing was just a “blip” according to new research

Rising vacancy rates in certain suburbs might just have been a “blip” with new data showing the number…

News

REACH Australia & New Zealand aim to help more PropTech companies in 2024

PropTech accelerator REACH Australia & New Zealand continues to encourage new PropTech innovation in the real estate industry…

News

Farms have hit record prices but the forecast is more uncertain

We have never had such good farming conditions as we did in 2022. While particularly good Australian weather…

News

There are still affordable rentals across the country

Despite the ongoing rental crisis making life difficult for tenants, there are still suburbs that are affordable for…

News

The best times of day to get your email read

If you’re sick of people not replying to your emails, a new report has found you might be…

News

Alice Stolz: How The Block has changed the way Aussies view property

It’s hard to imagine a time where home renovation and die-hard property shows and content did not dominate…

Industry News

National property prices set to rise up to five per cent over the backend of 2023

Property prices are expected to increase as much as a further 5 per cent nationally by the end…

building approvals
Industry News

Dwelling approvals and loan commitments drop

The Reserve Bank of Australia may have kept interest rates on hold this week, but that hasn’t stopped…

Industry News

RBA keeps interest rates on hold a 4.10 per cent

Australian mortgage holders are breathing a sigh of relief this afternoon after the Reserve Bank of Australia opted…

News

Domain launches new AI-powered agent tool

Domain has launched a new AI-powered tool that will help agents identify properties within their CRM, that are…

News

Property prices have nearly recovered all their declines

Property prices rallied again in July and have now nearly recovered all of their 2022 declines, according to…

News

Auction volumes keep rising, but buyers are still out in force

Despite the unseasonal increase in auction activity, the preliminary auction clearance rate continues to hold above 70 per…

Industry News

Could empty offices become affordable housing?

Empty office buildings in Melbourne’s CBD could be turned into apartments and create as many as 12,000 homes,…

Industry News

Kolmeo integrates with CustomerGauge

Property management software provider Kolmeo has integrated with customer experience platform CustomerGauge, to unlock Net Promoter Score (NPS)…

News

Experts predict the RBA will keep interest rates on hold

With inflation cooling, experts have predicted the Reserve Bank of Australia (RBA) will keep interest rates on hold,…

News

Harcourts to attempt 500 auctions on ‘Blue Friday’

Harcourts is hoping to “hit the ground running”, this spring with a world record attempt for the most…

Industry News

Real estate experts call for action against rental crisis

Real estate experts have called on property managers, agency owners and investors to make a serious amount of…

News

Property prices have recovered half their declines

Property prices have continued to gain momentum in the June quarter with values now halfway into their recovery…

News

Odds of an August rate hike slashed as inflation cools

There might be relief ahead for mortgage holders with the odds of an August rate hike slashed after…

News

Real estate consumers call for one agency for life

Almost two-thirds of Australian real estate consumers would prefer to have one agency for all of their property…

News

New Zealand claim honours in Real Estate of Origin

The Kiwis have claimed bragging rights after Ray White’s 12th Real Estate of Origin, securing a huge 2498…

News

Property settlement volumes finish FY23 strongly

Property settlement volumes have trended significantly downward in the most recent financial year, but remain well up on…

News

Steve Maidment joins REA Group as Chief Technology Officer

A technology expert with international experience, Steve Maidment has joined REA Group as Chief Technology Officer.

News

House in the same street as The Block homes comes up for sale

If you think you can do a better job of renovating a home than the contestants on TV…

News

Property market still faces “significant headwinds” despite a rebound in prices

After six months of property prices rising in the face of high-interest rates, the ongoing recovery still faces…

Industry News

Tasmania top of the states for economic performance

Tasmania has the nation’s best performing economy, including leading the way on equipment investment and dwelling starts.

News

NZ sales activity jumps and prices should follow

There are signs of life in the New Zealand property market, with new data showing that sales volumes…

building approvals
News

Higher cash rate hitting new home sales

The sharpest increase in the official cash rate in history has seen new home sales across the country…

News

High-interest rates the key driver of commercial property in 2023 

The Real Estate Institute of Australia (REIA) expects to see interest rates remain at elevated levels, which will…

Industry News

First home buyers saving deposits faster

First home buyers are saving almost $200 more per month than they were last year but it still…

Industry News

Why a lower cash rate likely equals lower rents

With the cash rate still expected to peak this year, tenants are likely also in for a reprieve,…

News

National Property Manager’s Day: Celebrating ‘the heart of every agency’

Kirsten Williams and Maree Chisnall have been named the Australian and New Zealand winners of MRI Software’s 1:1…