National
Real estate news from across Australia – market shifts, regulatory changes, and industry developments that affect property professionals nationwide.
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 rates and rising rents put pressure on low-income earners.
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…
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.
Market boom prompts agent increase
Whether it was the popularity of Luxe Listings or the fact the property market enjoyed an upswing, real…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
Sherrie Storor: Listings on autopilot
Agents tired of the churn and burn daily grind that real estate can throw at them will find…
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…
Competition watchdog to examine PEXA
The competition watchdog has confirmed it is looking into claims digital settlement company PEXA has stymied competition in…
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…
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…
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…
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…
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…
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.
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…
REA Group announces new organisational structure
REA Group has announced changes to its organisational structure to further progress its strategy to build next generation…
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…
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…
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…
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…
Annual auction volumes declined in May
After a record volume of auctions were held in the first four months of the year, last month…
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…
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.