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

News

Growth across capital cities slowing at
record pace

The annual rate of price growth across Australia's capital cities is slowing at the fastest rate since 1989.

Industry News

Buyers and renters continue to struggle with housing affordability

Housing affordability has continued to fall with more pain ahead according to the Real Estate Institute of Australia…

News

REA Group announces new organisational structure

REA Group has announced changes to its organisational structure to further progress its strategy to build next generation…

News

Is there a better way to utilise Australia’s 13 million spare bedrooms?

Recently, the Australian Bureau of Statistics (ABS) released its latest Survey of Income and Housing. One interesting piece…

Industry News

RBA goes ‘hard’ with interest rate jump

Higher than expected inflation has seen the Reserve Bank of Australia lift the cash rate for the second…

News

Rents and mortgage repayments to keep rising

Rents and mortgage repayments are expected to continue to rise over the next 12 months, putting more pressure…

News

Lenders have been quick to pass on interest rate hikes

Following the first cash rate hike in over a decade, lenders have been quick to pass on the…

Industry News

Annual auction volumes declined in May

After a record volume of auctions were held in the first four months of the year, last month…

News

Auction clearance rate drops to its lowest point in almost a year

Auction volumes were slightly lower this week, with 2635 properties going under the hammer across the combined capitals…

News

Barellan Point is Australia’s top family housing market

Barellan Point in regional Queensland has been named the top housing market for families according to new research.

Industry News

ANZ revises cash rate prediction on back of strong wages

The ANZ bank has tipped the Reserve Bank of Australia (RBA) will lift the cash rate by 40…

News

Cash poor Australian households look to downsize

After two years where Australians were scrambling for larger homes, a new survey has found one in eight…

News

Unprecedented demand for industrial property pushing up prices

Record demand for industrial space has continued to put upward pressure on rents and property values with the…

News

Home prices fell in May as interest rates rose

Home prices across the country fell for the first time since the start of the pandemic just as…

Industry News

The highlights from AREC 2022 – Day 2

News

RBA examines the post-pandemic housing market

Property prices have increased, the construction industry is at capacity, and the average Australian household size has fallen…

Industry News

The highlights from AREC 2022 – Day 1

More than 4000 real estate professionals packed the Gold Coast Convention and Exhibition Centre yesterday for Day 1…

News

Preliminary clearance rate rises on the back of auction surge

This week proved the busiest auction week since the pre-Easter spike, with 3229 properties going under the hammer…

News

The East Coast’s most affordable and liveable suburbs

Sydney and Melbourne are becoming opportune markets for buyers with a growing list of affordable suburbs according to…

News

Australian home ownership rates lowest on record

The proportion of Australians who own their own home continues to sit at record low levels, new data…

News

Auction numbers to bounce back after the Federal Election

Auction volumes are set to rise sharply this weekend following lower volumes last week as a result of…

News

Innovators join forces: Propps and Agents’Agency strike partnership

PropTech game changer Propps has joined forces with the Agents’Agency to empower the independent real estate network’s agents…

News

Cost of living pressures the leading concern for Australian voters

The cost of living, healthcare, and housing affordability are top of mind for Australians on the back of…

News

Foreign buyers behind half of 2022 commercial property investment

More than half of all commercial property sales in 2022 have been to overseas buyers according to new…

News

AI lead generation proves its power in regional areas

Concerns over whether Ai technology could work in regional areas are very common across real estate agencies doing…

Industry News

Demand for industrial space sees vacancy rate hit 10-year low

Industrial and logistics properties across the east coast of Australia are seeing record demand with vacancy rates now…

News

Rising construction costs to weigh on builders and home buyers: HTW

Rising construction costs are ongoing labour shortages are putting increasing pressure on builders and new home buyers, according…

News

Tight rental conditions forcing rents higher

Tight rental conditions across the country will likely see rents continue to surge in a number of locations…

News

Property flipping getting tougher as interest rates and building costs rise

Flipping property has been a solid investment strategy over the past 18 months, however, a leading buyers agent…

News

Headhunter-style solution for rental applications

Inspect Real Estate has released a new innovation in leasing, and already it's producing results for agents.

News

Set and forget commercial assets in high demand

The appeal of "set and forget" commercial assets remains incredibly high with a leading expert suggesting investors should…

News

Property price growth slows across regional Australia

Property prices across regional Australia are finally starting to show signs of easing after a record run of…

News

Rising rents put pressure on desperate tenants

Tenants battling soaring rents and tight vacancy rates have turned to "desperate measures" in the struggle to find…