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

Industry News

What’s in the budget for real estate

In a federal budget that was as much about a pending election as it was an economic update, Treasurer Josh Frydenberg has pledged to deliver a stronger economy and future…

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One in three borrowers on the brink of financial stress

Borrowers are starting to feel the pinch of rising living costs, with one in three now on the…

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Sydney and Melbourne see growing demand for CBD offices

The Sydney CBD office market has seen office investment double in the past 12 months, as demand for…

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REIA welcomes the opposition’s regional focus

The Real Estate Institute of Australia (REIA) has welcomed the focus on regional living with the announcement the…

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Home Guarantee Scheme to be continued and expanded

First home buyers will continue to get assistance entering the property market from the Federal Government, with the…

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Realtair strikes strategic partnership with Tom Panos

End-to-end digital platform provider Realtair and real estate influencer Tom Panos have struck a new partnership which will…

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Sales by auction have doubled in the last decade

The popularity of auctions continues to grow, with the number of homes sold via the auction sale method…

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Industry News

Preliminary clearance rate dips on the back of higher auction volumes

The preliminary clearance rate fell to its lowest rate of the year so far on the back of…

Industry News

Hard work and dedication pay off for 2021 AREA winners

Happy clients, excellent results and self-betterment are high on every real estate agent’s agenda. 

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Voters worry young people won’t be able to buy a home

Nearly three quarters of voters fear young Australians will never be able to afford a home according to…

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Why Australia’s top performers are switching to Market Buy

What do Chris Gilmour, Cara Bergman, Mark McGill, Jo Mooney and Brett Andreassen have in common?

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Homebuyers cautious of potential natural disasters when moving to regions

Three-quarters of Australians would consider moving to a large regional centre under the right circumstances but are wary…

Industry News

Real estate’s night of nights – all the AREAs winners

DiJones taking out Residential Agency of the Year for the second year in a row.

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The Sydney suburb that is Australia’s tightest housing market

North Sydney is the most undersupplied market in Australia with ‘extraordinarily low’ inventory levels making life tough for…

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Young Aussies stuck living at home longer

The rising cost of housing around the country is forcing young Australians to stay at home longer with…

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Agents achieve career-best year with eXp Realty

There’s an old saying that posits, ‘What a difference a year makes’, and that’s certainly proved true for…

Industry News

First home buyers forced to save for 11 extra months to afford a home

Average couples are now forced to spend 11 additional months saving for a deposit to afford an entry-level…

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Sydney second to Hong Kong as world’s least affordable property market

Sydney has been named the second most unaffordable housing market in the world according to new research.

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One in four NSW and QLD residents not insured for extreme weather

New data suggests 22 per cent of New South Wales and Queensland residents are uninsured against extreme weather…

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Australia entering a GFC-style rental crisis

Australia is on the cusp of a GFC-style rental crisis with more pain ahead for renters according to…

Industry News

Bridging loan FinTech Bridgit raises $7.7 million

Non-bank lender Bridgit has secured $7.7 million in its latest funding round as the FinTech company looks to…

Industry News

Rising property prices, low interest rates lead to record housing debt

Housing debt levels have hit a record high on the back of soaring property prices new data reveals.

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Auction volumes top the 3000 mark

Auction volumes have again surpassed the 3000 mark, making this weekend the second busiest of the year so…

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Australia’s biggest and most unusual fears

If you don’t like hanging out in large crowds you’re not alone with new research finding two-thirds of…

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Meriton and MRI Software partner in built-for-rent project

Australia’s biggest residential apartment developer, Meriton, has chosen MRI Software to take the management and maintenance of 9000…

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Australian residential property value nears $10 trillion

The total value of Australia’s 10.8 million residential properties has increased at record pace to nearly $10 trillion…

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Domain Trailblazer Awards to recognise emerging talent

Domain will recognise emerging agents and property managers who find innovative ways to help colleagues, clients and their…

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REA Group refreshes property.com.au

REA Group has today announced a refresh to property.com.au, the first investment in the property  website in a…

Industry News

Investors driving rising markets on Herron Todd White property clock

Soaring Sydney property prices in 2021 “overshadowed” another key market trend of rising rental rates, according to the…

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House prices grew at the fastest rate in 20 years

National house prices grew at 25.1 per cent in 2021, making it the fastest annual growth rate in…

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Reapit set to expand portfolio with acquisition of Console

Cloud-based property software provider Reapit, backed by private equity firm Accel-KKR (AKKR), has announced the acquisition of Console.

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Successive rate rises the biggest risk for homeowners

Successive interest rate increases from the RBA when they begin their tightening cycle could be the biggest issue…

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Australian house prices grow at the fastest rate in the world

Australia has taken top spot as the country with the highest rate of annual price growth in 2021.

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Sherrie Storor: One size doesn’t fit all

Agents looking to build their profile, convert more appraisals to listings, grow their team and streamline their business…

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The Australian suburbs facing a rental crisis

South Australia, NSW, and Tasmania contain the most suburbs desperate for more rental stock with many locations now…