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

Industry News

Top markets to watch for price growth in 2022

Price growth is set to accelerate in the family-friendly Melbourne suburb of Hallam and the Western Australia holiday hotspot of Broome, according to new analysis.

News

Affordable, inner-city suburbs on top of buyers’ wish list

Buyers are ditching apartments and regional areas in favour of more affordable suburbs and inner-city markets, new data…

Industry News

REA Group reveals outstanding half-year performance

REA Group has released its half-year financial results with the data reflecting a surge in listings along with…

Industry News

Smaller capitals lead the auction volume increase

Auction volumes have continued to increase this week, with the smaller capitals leading the charge.

News

Dwelling approvals rise as timber shortages ease

Dwelling approvals jumped 8.2 per cent in December according to new data, with imported timber helping to ease…

News

REIA calls for homebuyer help and the creation of property jobs

The Real Estate Institute of Australia (REIA) President Hayden Groves

Industry News

CBA lifts fixed home loans 0.2 per cent

The Commonwealth Bank has increased interest rates on its fixed home loans by as much as 0.20 per…

News

Agent sells 236 properties in one year via Market Buy

A top-performing Queensland agent has set a personal record, selling 236 properties in the past 12 months, all…

News

Former LJ Hooker CEO joins RESO

Former Chief Executive and Managing Director of LJ Hooker, Grant Harrod, has been appointed to the board at…

News

More than 1 million households have never had an RBA rate rise

After more than a decade of easy monetary policy from the RBA, new data shows that over 1.1…

News

Top sales agents back new recruitment campaign

REA Group Chief Customer Officer, Kul Singh

News

Homebuyers could see borrowing power slashed by $169,000

A typical couple could lose as much as $169,000 in borrowing capacity if the RBA hikes interest rates…

News

Openn data highlights a market with sustained buyer competition

Online property sales platform Openn has taken a deep dive into their data for the final months of…

News

The real estate industry to focus on people and sustainability in 2022

After a year that saw both record house price growth and tough conditions, the industry needs to continue…

News

More than half of economists predict a rate rise in 2022

A new survey has found that interest rates could be on the rise with 58 per cent of…

News

New realestate.com.au marketing campaign hits home

Australia's passion for property continues into 2022 with 12.6 million Australians visiting realestate.com.au each month on their search for…

Franchise News

The Agency records robust financial results

The Agency has revealed improved financial and operational results for the first half of the 2021-22 financial year…

News

Auction volumes and clearance rate on the rise

Auction volumes increased 166.1 per cent this week, with CoreLogic reporting 1160 properties were taken to auction in…

News

New research reveals Australia’s cheapest rental market

Adelaide is the cheapest rental market in the country where renters will need to pay just $447 per…

News

Foreign buyer purchases in decline, sales on the up

The latest data from the Australian Government indicates foreign buyer purchase volume dropped 19.5 per cent in 2019-20, while sales…

News

Hobart to lead national price growth in 2022

2022 looks set to be another strong year for property prices with Hobart set to be the standout…

News

Australia’s median house price soars past $1 million

Australia's median house price has hit a record high, soaring above $1 million according to new data.

News

New auction year kicks off after record December quarter

As predicted, the 2022 auction year has kicked off early, with 448 properties taken to auction nationally this…

Industry News

Sales of new detached homes in a ‘super cycle’

Sales of new detached homes increased by 11.3 per cent in December putting the level of demand in…

News

Kiwis eye-off Australian real estate in greater numbers

New Zealand property seekers have their eyes firmly on the Australian real estate market, outranking the US and…

News

Inner city buyers and townhouse demand to drive property market in 2022

Reverse sea-changers and people moving back to the inner city and into townhouses could be the driving force…

News

Another lender weighs into the variable rate battle

Lenders might be raising their fixed interest rates, but variable rates continue to be slashed, with ANZ becoming…

News

Industrial property to outperform in 2022

Industrial property will continue to be a standout performer in the commercial sector while CBD office and retail…

News

How much does the average real estate employee earn?

The Australian Bureau of Statistics has revealed the average weekly income for employees in the real estate sector.

News

Profit making resales rise despite lockdowns

The rate of profit making resales continued to increase last quarter, overcoming widespread lockdowns in many areas of…

News

Value of home loan commitments rises after three months of falls

New loan commitments rose 6.3 per cent according to the latest data from the ABS marking continued strength…

News

Top 20 locations where investors can buy with a deposit of $100,000

New research has revealed the top 20 locations that investors can buy into with a deposit of up…

Opinion

Five reasons to get intimate with your database in 2022

In real estate, your database of past and potential clients is the most critical asset you have when…