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

Industry News

The great debate: short-term holiday rentals in Australia’s housing crisis

Are short-term holiday rentals the solution to or the problem in Australia’s housing crisis?

News

Buying a rent roll can supercharge your business – but only if it’s done right

While purchasing a rent roll can be an effective strategy for increasing cash flow and encouraging business growth,…

News

New listings suffer as sellers err on the side of caution

The seasonal uptick in property listings that usually occurs in the first half of March has been noticeably…

Industry News

Australia’s rental system is ‘broken’ study reveals

Australia’s residential rental system is “broken” and fails to provide affordable, secure housing for tenants or a solid…

Industry News

Herron Todd White: too soon to call a bottom in the property market

High interest rates and the prospect of more pain ahead for borrowers as fixed-rate loans roll off, suggests…

News

Little Real Estate partners with Rental Heroes to deploy AI technology

Australia’s largest independently owned real estate agency Little Real Estate has joined forces with Rental Heroes to implement…

News

Sydney renters paying $633 a week more than a year ago

Rents in Australia's unit market have surged, with the national trend recording its highest annual growth on record…

Industry News

Time to save a deposit drops for first-home buyers

The time taken to save a deposit to purchase an entry-level first home has dropped by as much…

News

Listing Loop now offers conveyancing to further deliver qualified buyers to agents 

Top Australian off-market and pre-market property portal ListingLoop.com.au has partnered with leading licensed law firm Bond Conveyancing to offer conveyancing…

News

High interest rates weigh on new homes sales

The record rise in interest rates is continuing to weigh on new home sales, while a better than…

News

Australian RE/MAX agents top commission earned globally

Australia had the highest level of average commission per agent in 2022 throughout the 140,000-plus agents in the…

Industry News

Auctions rebound in second busiest week of year

As predicted, auctions rebounded last week, with 2234 properties going under the hammer - the second largest number…

News

Coronis Group appoints new CEO with a vision for growth

Karuna Mazzocchi has been appointed as the new chief executive officer for Coronis Group, bringing with her a…

News

Introducing the AREAs finalists for 2022

REA Group has today announced the 2022 Annual REA Excellence Awards (AREAs) finalists, with winners set to be…

Industry News

Australia has taken a ‘light touch’ with Airbnb. Could stronger regulations ease the housing crisis?

The current housing crisis has renewed debates about how to regulate short-term rental platforms such as Airbnb.

News

Rental rates soar to new heights

Weekly rent for a three-bedroom house in Brisbane has experienced the highest annual increase this century, with little…

Industry News

Property values higher than before the pandemic

National housing values are still 14.8 per cent higher than they were at the start of the Covid…

Industry News

Auctions dip with public holiday, but tipped to rebound next week

Auction volumes and clearance rates took a bit of a dip over the weekend with a public holiday…

Industry News

City vacancy rate drops below regional areas

The national vacancy rate has fallen to just 1.47 per cent, less than half the level seen before…

News

Investors seek hotels after near record year of transactions 

The $575 million sale of Australia’s first Waldorf Astoria Hotel is evidence investors are continuing to turn to…

News

Foreign investment is down, but for how long?

Foreign investment in Australian real estate fell over the last quarter, but a recent uptick in enquiries from…

News

February listings rebound as Autumn selling season approaches

New property listings increased by nearly 25 per cent over the month of February, though they remain below…

Industry News

House prices: why this key figure is more important than mortgage rates

Population growth has a far bigger impact on property prices than mortgage rates, according to a new report…

News

The three things it takes to sell property in 2023

While mainstream headlines may indicate the current property market is somewhat turbulent, Market Buy CEO John Hellaby says…

Industry News

RBA Governor indicates a rates pause could be on the way

Reserve Bank of Australia Governor, Philip Lowe, has given his strongest indication yet that a rate rise pause…

rental pricing
Industry News

Agent warns of the risk of overpricing rental properties

Brisbane-based real estate agency Place Sunnybank has drawn attention to the risk of landlords overpricing their properties in…

Industry News

RBA announces tenth consecutive rate rise at its March meeting 

The Reserve Bank of Australia has increased the cash rate by 25 basis points at its March meeting,…

Industry News

Mortgage affordability declines, rent crisis eases slightly: REIA

Mortgage holders are facing an increased financial strain for mortgage holders but renters have been given a slight…

auction volume
News

Share of sub-$400 per week properties falls sharply

The number of rental listings asking for $400 per week or less on realestate.com.au has nearly halved in…

News

Improving auction clearance rates: what do they tell us about the rest of the market?

Australia's auction clearance rate edged past 70.3 per cent last week, following a strong month of auction activity…

Industry News

Inspect Real Estate joins forces with Reapit ANZ

Reapit ANZ, backed by US private equity firm Accel-KKR, has added local real estate software company InspectRealEstate to…

News

Rate cuts could begin from 2024, Westpac says

The Reserve Bank of Australia is expected to issue seven rate cuts between 2024 and 2025, according to…

Industry News

Sydney beats out Geneva, Paris for super prime sales

Sydney ultra high-end market has proven relatively resilient to economic headwinds, according to new research from Knight Frank.