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

Industry News

CoreLogic completes Plezzel acquisition

CoreLogic International has completed its acquisition of Victorian-based proptech firm Plezzel, a digital automation and lead generation platform.

News

Australia’s empty offices could be the key to solving the housing crisis

Turning empty office buildings in Australia’s CBDs into housing via a process known as asset repurposing could help…

Industry News

Westpac predicts rents will keep rising for longer

Westpac is predicting that rents will jump by 11.5 per cent this year, enough to tempt investors and…

Industry News

The real reason real estate sales figures went backwards this January

A new report from Xero showing lackluster sales figures in the real estate sector is likely a hangover…

News

Australia’s leading on-shore contact center, saving you time in your prospecting

Meson Agency’s Founder John Angelopoulos can sum up his organisation in a nutshell.

Industry News

School zones still attracting price premiums

Being in a school catchment zone could add ten per cent to a property's sale price, according to…

Industry News

Population patterns, not tax breaks, responsible for housing crisis

Australia's unique population patterns and a shortage of available residential land near jobs and services has had a…

News

REA Group expands the reach of customer wellbeing platform

REA Group’s online wellbeing space for property professionals, Prosper, is now available to all REA customers.

News

HTW property predictions: Second half of 2023 to bring stability

Rapid interest rate increases have eroded the optimism surrounding residential property, but a slowdown in rate rises in…

News

McGrath’s half-year results: expansion, profit and market outlook

McGrath has revealed its plans to add 125 new, high quality offices to its national network as part…

Opinion

Nerida Conisbee: solving Australia’s rental spiral

We need more rental properties. The problem is that the group that funds most of them isn’t too…

News

Auction clearance rate on the rise

Auction activity lifted again this week with preliminary figures from Domain recording a 67.6 per cent clearance rate…

News

Real estate agencies confident about business outlook this year

More than 80 per cent of Australian real estate agencies are confident in the business landscape going forward…

Industry News

Listings slide drags on Domain Group profits

The biggest decline in listings in Domain Group's history has resulted in a decline in profits, though revenue…

Industry News

Listings bounce back from summer slumber

New listing numbers have recovered from their traditional summer dip, though they remain lower than 2022 levels, according…

News

Cash rate not the reason for rental affordability crisis, Philip Lowe says

RBA Governor Philip Lowe has told a Senate estimates hearing that the central bank's rapid cash rate increases…

Industry News

New platform allows users to invest in, trade the price movements of real estate

The Parcl Protocol, a new real estate investment platform launched this week, will allow users to trade real…

Industry News

Franchisors could be held liable for franchisees breaching workplace laws

In a move that could also have ramifications for the real estate industry, the Fair Work Ombudsman has,…

Industry News

NAB changes cash rate prediction following RBA meeting

NAB economists now predict the cash rate will peak at 4.1 per cent following RBA Governor Philip Lowe's…

Industry News

Regional price growth continuing, Domain says

New data from Domain shows that the tree and sea change trend is continuing, with property prices increasing…

Industry News

Rose Bay mansion sale could match record price

A Rose Bay waterfront mansion is expected to hit the market with expectations of $100 million or more,…

News

Australia’s banks under intense scrutiny over interest rates

Australia’s banking sector is under the microscope with the big four bank bosses and the Reserve Bank governor…

Industry News

Nerida Conisbee: China is roaring back

China abandoning its zero COVID-19 policy has resulted in the economy rebounding far faster than expected.

News

PM Reach conference goes on the road in 2023

The PM Reach conference is back for 2023 and heading interstate for the first time, with events planned…

Industry News

PropertyMe adds tenant payment service to its property management platform

Property management platform PropertyMe has launched a new rental payment service MePay that allows agents to see rental…

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…

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…