National
Real estate news from across Australia – market shifts, regulatory changes, and industry developments that affect property professionals nationwide.
AREAs finalists credit leadership and innovation for success
Putting property managers first, pushing the boundaries of innovation and the banding together of a leadership team are among the features finalists in the AREAs have credited for their success.…
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…
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…
Introducing the AREAs finalists for 2022
REA Group has today announced the 2022 Annual REA Excellence Awards (AREAs) finalists, with winners set to be…
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.
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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,…
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…
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…
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…
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…
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…
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.
Domain sees spike in rental demand coming from China
New figures from Domain show Australia's vacancy rate remained stubbornly low during February, with the company reporting a…
APRA chooses not to loosen borrowing restrictions
The Australian Prudential Regulation Authority has declined to loosen its current serviceability buffer for new home loans despite…
Former Block winners to host Location, Location, Location
After nearly a decade off our screens, the property show Location, Location, Location is set to return with…
Is the downturn over? Home values bounce back in February
Australia's property values increased slightly in February, according to PropTrack, while separate figures from CoreLogic also show the…
The Agency uses downturn to focus on expansion initiatives
The Agency reported a $950,000 loss for the first six months of the year, however CEO Geoff Lucas…
New ABS figures reveal knockdown hotspots
The number of demolition projects in Australia is predicted to fall in the coming 12 months, but some…
Anne Flaherty: PropTrack economist’s predictions for 2023
While 2023 is likely to be a tough year for renters, signs are starting to emerge that the…
The Queensland agency offering to cover six months rent or mortgage payments
With the cost of living crisis taking its toll on Australian households, one Queensland real estate agency has…
Why the regional sea and tree change trend isn’t over yet
Predictions of a mass return to the cities following the end of the Covid-19 pandemic have been overstated,…
Raine & Horne announces the passing of Max Raine
Max Raine, the former Chairman of Raine & Horne, has passed away at the age of 91, the…
CoreLogic completes Plezzel acquisition
CoreLogic International has completed its acquisition of Victorian-based proptech firm Plezzel, a digital automation and lead generation platform.