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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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New data proves rent bidding occurs and new tenants more likely to see rent rises

In the past year, rents have increased for almost three-quarters of rental properties, up from about one-quarter each year pre-pandemic, according to a new report built on data from MRI Software.

australian savings new low
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Half of households dip into savings to pay the bills

Households are being forced to dip into their nest eggs and even their kid's savings to try and…

News

Regional areas and high-end Sydney suburbs lead the bounce back

Affordable regional areas and high-end Sydney suburbs dominate the list of locations experiencing a market bounce back, according…

News

Commercial real estate sector resilient amid challenging conditions

Commercial property markets remained resilient this year despite higher interest rates hurting demand, according to a new report.

News

Byron Bay and Bright hotspots for capital growth

Would-be vendors in popular holiday destinations such as Byron Bay and Bright could be sitting on capital growth…

Industry News

RBA to undergo massive shake-up after review

The Reserve Bank of Australia will undergo a major shake-up that will see the governor hold a press…

News

Young Australians left with just $13 a day as rents soar

Students and young Australians are being hit hard by the ongoing rental crisis, with new data showing that…

Essential workers
News

Essential workers paying two-thirds of their income on rent

Soaring rents across the country are hitting essential workers hard, with a new report finding they are paying…

building approvals
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New dwelling commencements near decade low

New home starts across the country declined last quarter as the industry worries that a lack of new…

News

Rentals snapped up in record quick time

Rental properties are once again being leased at record fast rates.

Industry News

ANZ: Interest rates won’t rise again until August

One of Australia’s biggest banks has listed August as the next month when interest rates will rise, forecasting…

Industry News

Hobart records the highest price growth over the past 20 years

Sydney and Melbourne are regularly in the real estate headlines, but it’s a much smaller capital city that…

Industry News

Are the proposed Privacy Act recommendations a regulatory overreach?

The Real Estate Institute of Australia (REIA) has called on Attorney General Mark Dreyfus to keep the Privacy…

Industry News

March was the busiest month for new listings since May

Sellers have slowly started to return to the property market with new listings rising 10.5 per cent in…

News

The top reasons buyers re-list within two years

Job relocation, financial stress and lifestyle changes, such as having a baby, are among the top reasons why…

News

Build-to-rent could boost housing supply by 150,000

Cutting government taxes on build-to-rent developments could lead to an increase of 150,000 new rental properties over the…

News

Couples moving in together sooner to save on rising housing costs

New couples are moving in together faster and leaving the romance at the door, in a bid to…

News

NSW and Victoria still the focus for commercial investors

Commercial investors remain focused on both NSW and Victoria in 2023, however, Western Australia is proving a popular…

rents increasing
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Rents surge in longest ever stretch of price growth

Tenants continue to face extreme financial pressure, with rents rising at the fastest rate since before the pandemic.

News

Refinancing hits a record high as borrowers try to combat rising rates

Rising interest rates are pushing increasing numbers of borrowers to refinance in search of lower interest rates, while…

Industry News

Rental market reaccelerates from supply shortage

A chronic shortage of rental properties across Australia has reignited growth in weekly rents and further tightened already…

Industry News

Smaller capital cities are the standout performers in a ‘segmented’ market

The smaller capital city property markets of Adelaide, Perth and Darwin have been the standout performers from across…

News

Flight to quality for East Coast CBD office space

Businesses are demanding A-grade CBD office space in Melbourne and Sydney as employers try to entice workers back…

Industry News

NurtureCloud reshaping the real estate industry

Ray White embarked on its journey with the PropTech platform NurtureCloud in 2021 to reshape the way real…

News

Home Value Index rises for the first time in almost a year

CoreLogic's national Home Value Index (HVI) increased 0.6 per cent in March, marking the first month-on-month rise since…

building approvals
Industry News

Housing shortfall tipped to worsen rental crisis

Australia’s housing crisis is set to worsen, with the nation expected to experience a shortfall of 106,000 homes…

Industry News

Experts weigh in on interest rate debate

More than one-third of experts in Finder’s RBA Cash Rate Survey believe the central bank will put the…

News

Low stock levels fuelling national property price rises

Positive demand drivers, including low stock levels, are keeping a floor under property prices with national values rising…

Industry News

Look to the regions for affordable property

Home loan affordability may be declining but the great Australian dream of owning your own home is still…

News

One in four borrowers are paying over 6.5 per cent on their mortgage

Rising interest rates have caught borrowers off guard, with one-in-four now paying over 6.5 per cent interest on…

News

Will drop in inflation bring a rates pause?

Inflation has fallen for the second month in a bring, bringing with it renewed hope the Reserve Bank…

Industry News

Ruff times for pet owners: Oaklands Park earns top ‘sad puppy’ score

The southern Adelaide suburb of Oaklands Park has been ranked the hardest in Australia for tenants with pets…

News

AuctionWORKS brings the hammer down on 60,000 auctions

Leading auctioneers, AuctionWORKS has officially brought the hammer down on more than 60,000 auctions and in excess of…

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HomeBuilder deadline extended for property owners

Property owners at risk of losing the $25,000 HomeBuilder grant due to ongoing building delays have been given…

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Loss-making resales jump across Sydney and Melbourne

The share of loss-making home sales across the country has jumped, led by both Sydney and Melbourne, which…