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

Industry News

Brisbane tenant suing former landlord for $1.2 million

A Brisbane man who claims he sustained serious life-changing injuries when he slipped on a flooded floor is suing his former landlord seeking $1.2 million in what's set to be a test of the landlord-tenant duty of care relationship.

Industry News

Tough market hits listings as REA announces half-year results

REA Group has announced its results for the six months to December 31, with the group reporting a…

News

REACH Australia launches Proptech listing portal

Venture capital firm and PropTech accelerator, REACH Australia is getting ready to launch a listing portal featuring all…

News

Block sizes smaller but more expensive

Australian buyers are paying more for less, with a new report from Domain showing the average block size…

News

Andrew Acton celebrates 20 years in real estate

Explore Property leader and industry stalwart Andrew Acton is celebrating 20 years in real estate this year, and…

People Moves

Raine and Horne appoints new head of network

Raine & Horne has announced the appointment of Mindy Powell-Hodges as the company's new head of network.  

Industry News

New South Wales the “poster child for failing housing markets”

A new report has found that the country's housing markets are in crisis, with New South Wales deemed…

Industry News

Openn expands partnership with CoreLogic

Online property sales platform Openn has entered a commercial arrangement with CoreLogic that will see its software further…

News

REA Group changing the narrative to build confidence

REA Group is campaigning to change the doom and gloom perception of the current property market. 

News

Borrowers look to refinance as rates rise

Refinancing could hit record highs this year following yesterday’s cash rate rise and with another widely predicted in…

News

RBA lifts cash rate to 3.35pc at February board meeting

The Reserve Bank of Australia has lifted the official cash rate by 25 basis points following its first…

swimming pool
Industry News

The landscaping trends set to be a hit in 2023

Earthy colours along with timber and stone-based structures are set to be the major trends in landscaping this…

News

O*NO Legal welcomes new senior lawyer

Former real estate agent and senior lawyer, Jonathan Green, has joined O*NO Legal - The Real Estate Agents…

Industry News

House price declines starting to slow

Capital city house prices are now down 6.1 per cent from their peak in March 2022.

Antony Catalano
Industry News

ANZ buys stake in Catalano’s View Media Group

ANZ has spent about $50 million to acquire a stake in View Media Group, majority owner of listings…

Property values in Adelaide
Industry News

Prices forecast to decline as much as 10pc in 2023: PropTrack

A new report from PropTrack shows that property prices are on track to decline by between seven and…

interest rates
Industry News

Most economists are tipping a rate rise in February, but how much further will the RBA go?

Most economists are tipping a 25 basis point increase to the official cash rate after the Reserve Bank…

lending figures
News

Latest lending figures could be bad news for the rental market

A property expert says a decline in new investor lending could be a sign that the rental crisis…

News

First National to use REA Group’s Connect platform for digital prospecting

Agents across First National Real Estate’s 200-plus offices will be able to access REA Group’s Connect platform after…

News

Renters feel the pinch as vacancy rates drop back to record lows

There’s still no relief in sight for renters with vacancy rates returning to record low levels across the…

office building
News

Office vacancy figures show mixed outlook for cities

Businesses and workers continue to slowly trickle back into city CBDs, with new data showing demand for office…

Franchise News

Explore Property takes a new direction in Townsville

Explore Property leader Andrew Acton has announced changes to the group’sTownsville franchise with a new leadership team driving…

Industry News

RBA expecting up to 800k fixed-rate loans to end in 2023

A senate committee looking into cost of living of living pressures has shed light on the size of…

first home buyers
Industry News

Young buyers consider teaming up for first purchase

New research from NAB has found that 40 per cent of young Australians would consider buying property with…

News

Why caravan parks could be a hot investment

The humble caravan park could be a solid investment prospect, according to a leading commercial real estate expert.

Darwin city
Industry News

Pace of property value declines eased in January, new data shows

The rapid pace of property price declines appears to have slowed, with most capital cities recording only a…

travel bags
Industry News

Return of overseas students could place further pressure on rents

An anticipated increase in the number of overseas students coming to Australia following the Chinese Government's edict that…

Industry News

Auction action: What happened over the weekend and what’s in store for 2023

Auctions are back after the summer holiday break, although activity remains subdued in Australia's major cities.

Industry News

If Australia follows the US into a tech downturn, these areas will be the most impacted

We may be in a cost of living crisis but we are certainly not in an employment crisis.

Industry News

December quarter inflation figures higher than expected

The Consumer Price Index rose 7.8 per cent in the 12 months to December, higher than the predicted…

Industry News

Property price declines losing pace, Domain says

Property prices declined at a slower rate during the December quarter according to Domain, in a sign that…

Features

Time to stop sketchy private housing operators

An Adelaide property management expert has called for the State Government to stamp out dodgy private housing operators…

Industry News

Tennis courts a hit with buyers as Australian Open reaches full swing

Buyers are increasingly searching for properties with a tennis court, according to new data from Domain, though suitably-equipped…

News

Louise Schofield joins PMVA to elevate property management success

Industry authority Louise Schofield has joined real estate outsourcing company PMVA, aiming to create better workplace culture, more…

News

REIA announces finalists for National Awards for Excellence 2023

The Real Estate Institute of Australia has published its 2023 finalist list the REIA National Awards for Excellence…