National
Real estate news from across Australia – market shifts, regulatory changes, and industry developments that affect property professionals nationwide.
Confidence in property dips in March
Confidence in Australia's property sector fell slightly in March but remains at historically elevated levels, according to the latest ANZ/Property Council's industry survey.
Construction costs rise at the fastest rate in 21 years
The cost to construct a new home is rising at the fastest rate since 2001 putting increased pressure…
Rents continue to rise as supply shortage bites
Rental prices for houses in Australia’s capital cities have hit their highest point on record, with the median…
Low clearance rate due to Easter auction slowdown
The Easter long weekend resulted in the auction slowdown that had been widely predicted, with just 134 properties…
Australia’s top 10 most affordable regional areas
The great Australian dream of owning a home is still alive, with a new report identifying the Top…
Demand for property still strong despite signs of easing market
The Australian housing market remains strong and demand in Melbourne and Adelaide has hit record highs, despite signs…
UrbanX raises millions to fund expansion and innovation
Billed as the future of real estate, UrbanX (“UX”) is revolutionising the traditional model by empowering Australia’s top…
Buyers face new problems as supply falls
The real estate market is showing signs of slowing but there are still challenging conditions ahead for buyers…
Housing values fall in Sydney and Melbourne
Property values in Sydney and Melbourne have started to slide, falling as much as 7.2 per cent in…
The real estate issues the new Federal Government must tackle
The rental crisis, housing affordability and supply will be among the hot topics in the real estate sector…
Big 4 banks tip interest rates to rise in June
The big four banks have revised their cash rate forecasts, tipping the next tightening cycle to start as…
Renters lose out in governments’ ‘patchy’ response to the pandemic
Renters were the big losers with the state and territory government's hasty response to the pandemic labelled “patchy”…
Almost 4000 properties go to auction in one of the busiest weeks on record
This week proved the busiest auction week of the year and the sixth busiest since CoreLogic records began…
Trio writes almost $2M GCI in 12 months under Area Specialist
In the twelve months since joining Area Specialist, directors Harry Singh, Jake Wang and Adam Bindra have written…
REIA honours the industry’s best at National Awards for Excellence
The winners of REIA's National Awards for Excellence (NAFE) 2022 have been announced with a host of industry…
Home Guarantee Scheme to put upward pressure on property prices
The recently expanded Home Guarantee Scheme announced in the latest Federal Budget could put further upward pressure on…
5 factors that drive success on auction day
With the auction process more popular than ever, a new report has identified five key factors that drive…
New Instagram scam targets top real estate agents
A real estate media coach has warned agents about an online scam targeting the industry aimed at stealing…
ANZ tips cash rate to rise 10-fold this year
One of Australia’s big four banks has tipped the cash rate will increase four times before the end…
Julia Gillard’s former Altona home sells
The modest former Altona home of former Prime Minister Julia Gillard has sold for $1.26 million at auction.
Home loan commitments decline from record highs
The value of new home loan commitments fell 3.7 per cent to $32.3 billion in February after a…
Interest rates on hold but experts tip a rise is coming
The Reserve Bank of Australia has again opted to keep interest rates on hold at 0.1 per cent…
Australia’s smaller capital cities drive property price growth
CoreLogic's latest national home value index shows house prices rose by 0.7 per cent in March, led by…
Local property markets to benefit from green energy push
With the Federal Government pushing the country to be carbon-neutral by 2050, the increase in demand for different…
Property prices tipped to fall next financial year
Researchers have predicted a 5.2 per cent fall in property prices in 2022-23, with low net migration and…
Australia’s house price growth continues to slow
Australian house prices have grown by 0.34 per cent in March, the slowest since March 2020 according to…
Auction volumes dip as the market readies for its busiest week of the year
CoreLogic is tipping next week will prove the busiest auction week of the year so far after volumes…
Suburbs most at risk of coastal surges and erosion
Storm surges and coastal erosion has the potential to wipe out $1.47 billion worth of property at Paradise…
First home buyers could turn to rentvesting in Sydney and Melbourne
Priced out of the major cities, first home buyers could choose to rentvest in what’s becoming a more…
Domain to buy Realbase as it scales holistic solution for agents
Real estate listings portal Domain has agreed to buy campaign management platform Realbase for $180 million.
Sydney and Melbourne markets swing in favour of buyers
A two-speed Australian property market has started to emerge as demand for real estate in Sydney and Melbourne…
New pact to increase women in property ‘tough spots’
A coalition of the property sector's most powerful executives has announced a new initiative designed to ensure women…
Amazon Prime announces season 3 of Luxe Listings Sydney
With season 2 of Luxe Listings Sydney set to air on Friday, Amazon Prime has announced season 3…
What’s good and what’s not in the 2022 Federal Budget
Tuesday's Federal Budget had an overarching theme of reducing the cost of living and come Wednesday morning the…
Kylie Walsh celebrates first anniversary of REGROWTH with triple treat hire
On the first anniversary of REGROWTH Coaching and Consultancy, Founder Kylie Walsh has named two new directors and…