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

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The Block’s Sharon and Ankur release exclusive virtual walkthrough of their stunning home

Stickybeaks and serious buyers alike can fully immerse themselves in House #3 from The Block with an exclusive virtual walkthrough just released by Sharon and Ankur on Domain. 

News

Rising interest rates weigh on median home prices: HTW

The Reserve Bank of Australia’s sharp tightening cycle has started to see median home prices fall across the…

Industry News

Property values fall in majority of house and unit markets

Almost 80 per cent of Australia’s house and unit markets are now in decline.

News

Sellers increase marketing budget in face of tighter market

Vendors are willing to increase advertising budgets for their homes if they can delay payment of marketing costs…

News

Australia continues to attract commercial real estate investment

After a record year in 2021, commercial transactions have slowed, however, Australia still remains an “attractive” market for…

News

How the floods impact insurance: FAQs answered!

Floods – sadly, many Australians and their properties are bearing the brunt of Mother Nature. This means an…

News

Record low share of rentals below $400 per week

Tight rental markets are putting extra pressure on low-income renters as the share of rental properties listed below…

News

Renewable energy plants could boost property prices

Building renewable energy plants could help increase the value of nearby property prices, according to a new report.

News

Borrowers “scrambling” to refinance in record numbers

Rapidly rising interest rates and higher living costs are pushing record numbers of borrowers to refinance their home…

News

Useful real estate links and articles for flood-affected regions

Articles and links, which are designed to assist real estate professionals before, during and after a natural disaster…

News

Capital city auction volumes fall 4 per cent

Capital city auction volumes fell 4 per cent this week, with 1742 homes going under the hammer to…

News

Rents hit record highs again as units outpace houses

Rents have hit record highs across the country again, with unit rents rising much faster than houses.

News

New Propic AI seeks to generate more leads and save agents time

PropTech innovator, Propic has reinvented its Artificial Intelligence technology, with a trio of revamped products aimed at meeting…

News

New listings 15 per cent below the long-term average

Despite rising interest rates and falling prices, homeowners are not rushing to sell.

News

Slower start to spring for new listings but what’s to blame?

The extra public holidays in late September have contributed to a slow start to spring for sellers, with…

News

Housing market passes ‘peak fear’ phase

Australian property markets have passed their “peak fear” phase and are expected to bottom out in the new…

News

Consumers start to cut spending as rates rise

Rising interest rates and high inflation, are starting to hit the hip pockets of consumers with new data…

house construction
Industry News

No end in sight for rising construction costs

There’s still no relief in sight for builders with construction costs continuing to rise at a record rate.

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Industry News

House price falls to continue into 2023: NAB

There’s likely more property price declines ahead with values to continue decreasing in 2023, according to the National…

News

Different to offer property management as-a-service

Australian proptech :Different, has announced the launch of an all-in-one property management solution, :Different for Agencies.

Industry News

Rental stock levels well below five-year average

Rental stock levels are more than 35 per cent below the five-year average and growth in annual rents…

News

Rising interest rates lead to a surge in refinancing

Homeowners are refinancing their mortgages at record levels as the impact of rising interest rates start to take…

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News

Preliminary clearance hits its highest peak since late May

The preliminary clearance rate has reached its highest point since May after auction volumes increased this week.

Industry News

Sydney vacancy rates hit the lowest on record

Sydney's vacancy rate has dropped to a record low of 1.1 per cent, with the number of available…

News

Prevent burnout with new property management tools

Property managers are calling time on the real estate industry, struggling to cope with busy workloads and poor…

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News

How to choose the right exit strategy for your business

Sales, retirements, and unforeseen events can lead to you or a partner exiting your real estate agency, but…

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News

Lending to build new homes slows down

Rising interest rates continue to weigh on housing finance, with new data from the Australian Bureau of Statistics…

Industry News

Rents rise at fastest quarterly pace on record

Rents have risen at the fastest quarterly pace on record, soaring 4.3 per cent nationally in the three…

Industry News

Major banks to pass on full RBA rate hikes

Australia’s big four banks have been quick to pass on the Reserve Bank of Australia’s 25 basis point…

Industry News

Falling property prices contribute to drop in household wealth

Household wealth has fallen for the first time in more than two years, with $484 billion being wiped…

Industry News

RBA takes more moderate approach with 0.25 per cent cash rate increase

After a series of bullish interest rate hikes in recent months, the Reserve Bank of Australia has tempered…

Industry News

Loss-making resales have started to rise as property downturn continues

The Australian property market has peaked and turned downwards, with the number of loss-making transactions starting to rise.

News

Regional property values set to benefit from the renewable energy boom

Australia’s focus on renewable energy will see a number of regional property markets across the east coast benefit…