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

News

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 clients’ expectations for 24/7 customer service.

News

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…

News

Third week of increasing auction volumes

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

News

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.

News

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”…

News

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.

News

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…

News

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…

News

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…

News

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…

News

HTW: rising costs slowing industrial development

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

News

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…

News

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…

News

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…

News

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…

News

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…

News

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…

News

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…

News

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…

News

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…

News

Music keeps Amy Bennett on the right track

Amy Bennett has always been a massive music fan.

News

First home buyers exceed their budget to get on the property ladder

Record high home prices and underquoting are forcing first home buyers to pay more than they expected with…

News

Home prices falling in 40 per cent of markets

Declining property prices have gathered steam with 40 per cent of house and unit markets falling in the…

News

Office occupancy levels hold steady in June

Workers returning to CBD offices has slowed down last month, as the impacts of floods, the flu season…

Sales & Marketing

Jason Scott: what makes quality real estate content

Most real estate agents know getting a mention in the media can be great publicity for selling their…

Industry News

Sixth week of auction clearance rate below 60 per cent

Auction activity remains 20 per cent lower than this time last year, with 1667 properties taken to auction…

News

Knight Frank and Fred Schebesta examine how crypto, NFTs and the metaverse might shape Australian real estate

Global property consultancy Knight Frank has turned its attention to the rise of cryptocurrency, NFTs, and the metaverse,…

News

Property market records busiest start to winter in a decade

The Australian property market has started winter strongly, with new listing volumes reaching the highest June level in…

News

Rents surge by a record 12 per cent across the capitals

Australia's rental crisis has deepened with tight vacancy rates contributing to a record 12 per cent jump in…