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

Industry News

Residential land prices stabilise after 26 per cent surge

The cost of new residential land has stabilised following a strong two years of growth, with rising interest rates the key reason, according to the Housing Industry Association.

News

One in two property markets declined in 2022: CoreLogic

Record high inflation, rising interest rates and weak consumer sentiment are leading to falling home prices, with new…

Industry News

Rental listings the lowest they’ve been since 2003, PropTrack finds

The number of rental listings advertised in Australia's capital cities has reached its lowest point in nearly 20…

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Code Property Group: the tech PMs are using to beat burnout

Property managers are experiencing added pressure as they start a new year in one of the tightest rental…

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Mortgage refinancing activity up as survey shows borrowers are fudging the numbers

Owner-occupiers are refinancing in record numbers according to new statistics from the Australian Bureau of Statistics, as separate…

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Nerida Conisbee: Australian economy slows but interest rates will keep rising for now

The latest inflation figures showed that it increased at a faster rate in November than it did in…

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Construction costs show signs of easing after record increase

Residential construction costs rose by a record amount last year, new data shows, but signs of a slow…

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@realty creates a free AI tool for all agents to use

The real estate sector has experienced a major shift in the way agents and agencies conduct their business.

Industry News

Rental home cull as rents rise at their steepest annual rate on record

Australia’s rental crisis isn’t looking like it will ease anytime soon with more than 6000 affordable rentals to…

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Australia’s top 100 streets for property values revealed

A new report from Suburbtrends has uncovered the top 100 streets in Australia for high-value properties.

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Inflation figures bounce back in November

New inflation data from the Australian Bureau of Statistics shows the consumer price index rose 7.3 per cent…

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PropTrack, CoreLogic report slowdown in rental price growth

Rental prices finished 2022 at a significantly higher level than they were the year prior, but price growth…

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Why electric vehicles don’t pose a threat to service stations just yet

Service stations were one of the standout assets during 2022, with the threat posed by the increased uptake…

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The best locations for cash flow in 2023 revealed

Property investors chasing lower holding costs should set their sights on larger regional cities, according to a new…

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Building approvals fall again as RBA’s rate rises hit home

An economist is urging the Reserve Bank of Australia to "hold fire" on future rate rises after new…

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New property listings plunge in December as homes stay on the market longer

The number of new listings hitting the market in December fell by 31.1 per cent when compared with…

Industry News

Foreign buyers look to Australia after Canada ban

Canada’s decision to shut the door on foreign buyers could prove a bonus for the Australian property market,…

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Australian property values record largest decline on record

Australian property values have clocked the largest decline on record, dipping by 8.4 per cent between their peak…

Industry News

Homebuyers ditch location for lifestyle  

Once real estate was all about location, location, location, but now lifestyle, lifestyle, lifestyle is at the forefront…

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New population report reveals what Australia’s cities will look like in 2033

Melbourne remains on track to overtake Sydney as the country's largest city within the next decade, according to…

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2022 the worst year for property price drops since the GFC

December home price figures paint a mixed picture for a property market that came under intense pressure from…

Industry News

Simon Pressley’s 2023 property market predictions

House prices will rise between two and seven per cent in the majority of capital city and regional…

Elite Agent Industry Influencers 2022
News

The top 50 residential real estate influencers and innovators for 2022

There is rarely a dull day in real estate. From mergers and acquisitions, pivoting in a changing market…

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O*NO Legal’s new webinar tackles start-ups and early growth

With more and more real estate agents opting to start their own agency it’s increasingly important to understand…

Industry News

Home buyers search for ways to save as rates rise

Home buyers searching for information on interest rate rises exploded in 2022, with new research suggesting thousands of…

Industry News

Regional home prices hold up better than the capital cities

After booming throughout the pandemic, regional property prices have continued to outperform the capital cities in 2022, driven…

Supplier News

Most searched for suburbs, property features in 2022 revealed

The skyrocketing cost of borrowing is shaping up to be one of the biggest influences on the property…

Industry News

New online marketplace looks to match agencies, principals with PropTech startups 

A new platform designed to link PropTech startups with agencies and principals seeking to diversify their business or…

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Victorian suburbs top the list for best buying opportunities in 2023

Victoria has topped the list for the most suburbs that offer great buying opportunities in 2023 according to…

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Uptick in property listings during November, PropTrack says

New property listings rose during November, according to a new report, with regional areas witnessing the largest increase. 

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Office assets the most transacted in 2022

Office market transactions have bounced back in 2022, as the sector tries to recover from the ongoing impact…

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A perfect storm: Australia’s rental crisis – part three

In part three of A perfect storm: Australia’s rental crisis we examine two more potential solutions to the issue, including…

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Area Specialist has revealed its brand-new website

Months in the making, the new site has been designed to ensure Area Specialist agents leave the best…