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

News

National vacancy rate drops to a record low

The national vacancy rate has tumbled to a record low, dipping under 1 per cent and heaping more pressure on tenants already struggling with rising rents.

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Demand for CBD office space slowly returns

Demand for office space remains solid as tenants slowly return to CBDs across the country. 

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Falling investor lending to put pressure on renters

The rate of growth of new home loans to investors is slowing which could make it harder for…

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Sub-$2 million commercial market to remain strong

Commercial property valued under $2 million is likely to remain in demand, despite rising interest rates reducing the…

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New home loan values fall as interest rates rise

Rising interest rates are seeing homebuyers less willing to borrow, while at the same time house hunters are…

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Lenders pricing for risk with rate discounts

Lenders are rewarding borrowers with lower Loan to Value Ratios (LVRs) by offering reduced interest rates.

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Don’t let FOMO ruin your home time

How many times have you said: “I wish I could turn off the phone after hours but just…

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Adaptive reuse of old buildings on the rise across Australia

The redevelopment of old buildings across Victoria is starting to gather steam as developers look to find creative…

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Renters being forced to give up pets to find a home

Renters are being forced to choose between keeping their pets and being able to find a place to…

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Another big name signs on to use Propic AI technology

One of Australia’s best real estate agents, Vivien Yap, will introduce Propic Artificial Intelligence technology to meet her…

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ANZ cuts new customer variable rates by up to 0.50 per cent

Despite the Reserve Bank of Australia hiking the official cash rate and fixed rate loans rising, ANZ has…

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Third week of increasing auction volumes

Auction activity has risen for the third consecutive week, with 1909 properties taken to auction across the major…

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Units outperform houses as buyers hunt for value

Buyers are on the lookout for more affordable housing options as rising interest rates make units more appealing.

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RBA a “near certainty” to raise rates next week

Australia’s hottest rate of inflation in 21 years means the Reserve Bank of Australia is a “near certainty”…

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Home prices to fall 5 per cent by end of the year

Rising interest rates could see property prices drop by up to 5 per cent between now and the…

Industry News

Regional property price boom is not done yet

Regional cities like Albury-Wodonga, Tamworth and Bundaberg could continue to experience price growth despite the national property downturn.

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Office market leads the way as commercial sales break new ground

Commercial property transactions set a record pace last financial year, with buyers taking advantage of the low interest…

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One in five first home buyers take a year to buy a property

Tight supply and rapidly rising prices has seen many first home buyers taking over two years to purchase…

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Westpac and NAB predict two more 50bps rate hikes

Borrowers should brace themselves for “more rate pain”, as Westpac and NAB follow ANZ predicting the Reserve Bank…

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The slowdown we had to have?

Australia's median house price increased by 32 per cent from March 2020 to December 2021, making it the…

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HTW: rising costs slowing industrial development

Rising construction costs and higher land values has slowed the initiation of new development across the industrial sector…

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The three buckets you need to fill for success

Leading a successful real estate office requires energy as well as business acumen and Phill Broom ensures he…

Industry News

What kind of property will $700,000 buy you?

After two years of record price growth, there are still opportunities to find good value properties for under…

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Further increases in the cash rate will be needed: RBA

The official cash rate is still lower than it needs to be, according to the Reserve Bank of…

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Auction activity increases for second consecutive week

Auction activity has risen for the second consecutive week, with 1818 homes going under the hammer across the…

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Chinese property buyers to return to Australia

Chinese property buyers are likely to head back to Australia sooner than expected as Australia emerges from COVID…

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Commercial property settlements surged higher last financial year

The volume of commercial property settlements has surged by as much as 60 per cent across the east…

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REA Group celebrates Australia’s Property Managers

REA Group is today applauding its Property Manager customers across the country on National Property  Managers Day. 

Industry News

Elite Retreat giveaway winners announced

An app that powers up a consumer’s knowledge bank before they buy or sell a home and increased…

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ANZ says cash rate will hit 3 per cent this year

One of Australia’s biggest banks has dramatically revised its interest rate forecast, predicting the Reserve Bank of Australia…

Industry News

Real estate industry celebrates National Property Managers Day

Often the unsung heroes of a real estate agency, property management can a tough gig that requires a…

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Rate rises now to avoid sharper economic slowdown

The Reserve Bank of Australia hopes taking swift action on soaring inflation will halt the need to increase…

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Growing crane count suggests construction activity is on the rise

Construction activity across Australia continues to ramp up, with the latest Rider Levett Bucknall's Crane Index showing the…