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

Industry News

2021 Census: Apartment living rises but fewer homes owned outright

The way Australians live is becoming increasingly diverse, with fewer households owning their home outright and more people living in apartments, according to the 2021 Census.

News

Kolmeo appoints Eloise Wall as first chief customer officer

Kolmeo CEO Scott Bateman said Eloise was chosen after an extensive and extremely competitive  selection process which considered…

News

How blockchain will revolutionise real estate

The Real Estate Institute of Australia has released a groundbreaking report, outlining the many use cases for blockchain…

News

Where are you most likely to find an energy efficient home?

Energy prices are on the move and although a crisis of widespread blackouts looks to be averted for…

News

Melbourne named Australia’s most liveable city

Melbourne has been named Australia’s most liveable city and number 10 in the world, while other state capitals…

News

ANZ and Westpac lift fixed rates again

ANZ and Westpac have again hiked the interest rate on their fixed rate loan products.

News

Mortgage holders to ‘grit their teeth’ and absorb interest rate hikes

As interest rates look set to keep on rising, over five million Australians are likely to be impacted…

News

Drop in auction volumes sees clearance rate rise

Auction volumes fell across the combined capitals this week, largely driven by a drop in properties going under…

News

MoneyMe revamps ListReady for agents

Digital lender and non-bank challenger MONEYME (ASX: MME) has revamped its ListReady product for real estate agents, in a bid to create…

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Industry News

The blueprint for becoming a million dollar agent

Are you ready to step up your real estate game, target the 2022 consumer, make more money and…

News

Regional NSW and QLD desperate for more rental stock

Several regional areas across NSW and QLD are facing a dramatic undersupply of rental properties as falling vacancy…

News

Homeownership increasingly “out of reach” as average deposit hits $120,000

The surge in property prices has seen the hurdle to get into the property market get even higher…

News

The number of homes cheaper to buy than rent has plummeted this year

Record home price increases combined with rising interest rates have made more homes cheaper to rent than buy.

News

Market boom prompts agent increase

Whether it was the popularity of Luxe Listings or the fact the property market enjoyed an upswing, real…

News

National office markets bounce back faster than expected: HTW

The national office market is continuing to bounce back from the pandemic faster than anticipated according to the…

News

Profitable resales drop for the first time in 18 months but buyer demand is still solid

The rate of profit-making resales across the Australian property market has fallen for the first time since August…

News

Fallout from rising rates to be less dramatic than predicted: HTW

Rising interest rates are likely to slow down property markets but the fallout will be far less dramatic…

Opinion

History doesn’t always repeat itself when it comes to property investment

There's an identical warning in the fine print for every investment or superannuation product: "Past performance is not…

News

AI digital assistant RiTA scoops two innovation awards

RiTA, the AI digital assistant for real estate agents, has won two innovation awards at the 2022 PropTech…

News

Auction volumes up, clearance rate still slipping

Auction volumes increased this week, but still the preliminary clearance is lingering at its lowest point in almost…

News

House prices continue to rise as other dwelling values slow down

Australian house prices recorded another increase over the March quarter, while other dwelling types saw price growth slow…

News

Suburban centres and satellite office locations on the rise

Workers who have become comfortable working from home are leading businesses to adopt more flexible working arrangements on…

News

Elders agents to streamline buying and selling with Propps

Leading digital offer management platform Propps has expanded its national agency coverage, welcoming the Elders Real Estate network…

Industry News

Investors divided on the benefits of buyer’s agents

Australian investors are divided about whether or not they would use a buyer’s agent, with many feeling they…

News

Aussie homes worth a record $10 trillion

The total value of the nation’s residential property increased by $221.2 billion in the March 2022 quarter, bringing…

News

Rex checklist helps agencies kick CRM goals

A free checklist from real estate technology experts Rex ensures property professionals can tailor their customer relationship management…

News

Households well-placed to absorb interest rate rises

Despite doom and gloom headlines about rising interest rates and the increased cost of living, data from the…

Real Estate Agent Events

Sherrie Storor: Listings on autopilot

Agents tired of the churn and burn daily grind that real estate can throw at them will find…

News

Clearance rate and auction volumes drop over Queen’s Birthday long weekend

A long weekend in most states saw auction volumes drop this week, with 1393 auctions taking place across…

News

Competition watchdog to examine PEXA

The competition watchdog has confirmed it is looking into claims digital settlement company PEXA has stymied competition in…

News

App gets more offers on off-market properties

Launched in Sydney this month, Profound is a marketplace for off-market properties where agents can get access to…

News

New listings rebound after a quiet April

The number of new listings across the country continues to rise, jumping 12 per cent across the capital…

Industry News

CBD office occupancy rates rise as workers return

Office workers are flocking back to CBDs across the nation despite Covid and a rising number of flu…

Industry News

Homeowners and renters facing record levels of financial stress

Financial stress has reached record levels across Australia as homeowners and renters struggle to keep up with the…

News

Commercial service station sector still growing despite EV push

Growth in investment in commercial service stations was elevated in 2021, despite Government attempts to encourage electronic vehicles…