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

inner middle outer rings
News

Differences between inner, middle or outer rings in Australia’s high performing cities

PRD has provided insights into the best areas to invest, buy and rent in major Australian capital cities, such as Brisbane, Sydney, Melbourne and Perth.

Australian property market Propertyology Simon Pressley
Opinion

Top 10 things to watch in the Australian property market

After correctly predicting this national property boom, Propertyology Head of Research, Simon Pressley now takes a look at…

buyer demand property seekers rea insights
Industry News

Property seekers remain undeterred as buyer demand reaches an all time high

Buyer demand and email enquiries from property seekers have reached an all-time high despite lockdown restrictions in some…

discrimination Hannah Gill landlord private real estate sector
Industry News

The impact of discrimination in the private rental sector

Discrimination towards tenants in the private real estate sector has been highlighted by new AHURI research, but an…

rental affordability REIA
Industry News

Rental affordability improves across Australia

Rental affordability improved marginally across Australia by 0.3 percentage points over the June quarter, according to REIA.

Tim Lawless cash rate hold RBA
Industry News

Cash rate steady as housing remains ‘one of the few positive indicators’

CoreLogic Research Director Tim Lawless shared his reaction to the Reserve Bank of Australia maintaining their cash rate…

cash rate hold RBA
Industry News

Reserve Bank of Australia maintains historic cash rate hold of 0.1 per cent

The RBA announced the national interest rate will remain on hold at the historic low of 0.1 per…

refinancing rba cash rate hold mortgage choice
Industry News

RBA’s cash rate hold of 0.1 per cent will motivate Australians to look into refinancing

Mortgage Choice and Smartline CEO Susan Mitchell said the Reserve Bank of Australia's (RBA) decision to keep the…

homebuyers Sydney homeowners property prices RBA Cash Rate Survey recession
Industry News

Sydney homebuyers might have to find another $76,600 in the next 12 months

Experts in Finder's RBA Cash Rate Survey have estimated property prices are set to rise an additional 8…

vaccine passports vaccinated RBA rate survey international interstate travel
Industry News

Vast majority of experts say vaccine passports are an economic necessity

Vaccine passports will be an essential tool for economic recovery, according to experts in a new poll from…

News

Lower volumes lift the auction clearance rate

Auction volumes have dropped this week, but the clearance rate has risen, with 1535 properties taken to auction…

Industry News

First-home buyers flee as property prices continue to surge

First home buyer numbers have plummeted over July as the housing affordability crisis continues, according to REIA president…

National vacancy rates capital city vacancy rate Sydney Melbourne
Industry News

Lockdown not a predictor of low national vacancy rates

While national vacancy rates remain steadily low in August, capital cities have seen varying rates that are not…

pet ownership adoption dogs tenancy lockdown
News

Pet ownership has surged, but so has the number of animals being surrendered

Google Search data indicates more Australians are looking to adopt a dog as lockdowns continue, but shelters are…

News

National home prices continue to rise but housing boom is slowly losing steam

Affordability constraints, rather than lockdowns, have slowed but not halted the rise in property values, according to the…

investors owner occupiers new loan lending savvy abs
News

Is the home and business lending surge about to slow down?

Finance broker Savvy has analysed the latest ABS lending indicators to uncover whether the increase in new loan…

News

20-year analysis shows housing affordability continues to decline but rental affordability stable

The Real Estate Institute of Australia (REIA) has crunched the numbers and found housing affordability has been on…

News

Openn Negotiation launches free private treaty solution

Online real estate sales platform, Openn Negotiation, has launched its private treaty solution – Openn Offers.

News

Melbourne withdrawals weigh heavily on auction clearance rate

Scheduled auction volumes might have increased this week, but with 64.3 per cent of all Melbourne auctions withdrawn,…

News

The Agency confirms record revenue

The Agency has confirmed a record financial year, announcing revenue increased 39.36 per cent in 2020/21 to $58.38…

regional housing affordability
News

Regional housing affordability is deteriorating faster than capital cities

HIA has found the affordability of regional housing is deteriorating at a much faster rate than capital cities

mental health real estate
News

A new app provides support to real estate professionals struggling with mental health

Domain have partnered with Rise to create a free mental health resource designed especially for real estate professionals,…

News

The vexing issue of vaccination: How the real estate industry is tackling the issue

How should the real estate industry approach the issue of vaccination? We put the question to some of…

Industry News

Rising home loan rates will cause more Australians to need financial assistance

Almost 150,000 Australian households would need financial assistance if home loan rates increased, according to new Finder research.

westpac tricky territory housing market
Industry News

Westpac warns Australia’s housing market is losing momentum

Australia’s housing market has fallen into “tricky territory” amid lockdowns and the affordability crisis, says Westpac's Quarterly Housing…

Openn Negotiation CoreLogic onthehouse.com.au
Supplier News

Openn Negotiation has partnered with CoreLogic’s property research platform

CoreLogic’s listing portal onthehouse.com.au, has partnered with Australian-listed property technology company Openn Negotiation.

home loan variable rate
Industry News

Westpac is the first major bank to cut their variable home loan rate to 1.99 per cent

Westpac has become the first big four bank to offer a variable home loan rate under 2 per…

property market trends matt lahood
Industry News

What current property market trends tell us about the future of Australian real estate

The Agency CEO Matt Lahood joked the property market's progress was "not bad at all", considering how many…

News

Withdrawals see clearance rate drop to lowest level since July 2020

This week saw the lowest preliminary clearance rate recorded since July last year, with only 63.3 per cent…

millennials young people bank of mum and dad housing affordability
News

Housing affordability expert warns millennials are likely to be trapped in the rent cycle forever

Housing ing affordability Ian Ugarte has warned young people not to "rely on the bank of mum and…

Melbourne sees decline in new listings
Industry News

Lockdowns lead to lower seller confidence but buyers remain keen for more

The REA Insights Listings Report August 2021 analysed new listings in order to deduce the latest market supply…

property market bubble Nerida Conisbee
Industry News

What could burst the Australian property market boom?

Ray White chief economist Nerida Conisbee has investigated whether anything could bring Australia's current property market growth to…

spring selling season
Industry News

What does the Spring selling season look like for states in lockdown?

Less than two weeks out from the spring selling season of 2021, lockdown conditions are in place across…

climate change pandemic real estate industry
Industry News

Pandemic and climate change to have lasting impact on the real estate industry

The pandemic and climate change are impacting so heavily on the nation that the real estate industry is…

July property clock Herron Todd White residential market commercial retail
Industry News

Herron Todd White: Property clock shows almost all markets in positive position

Most residential markets have remained in the rising-to-peaking sector of the national property clock, according to Herron Todd…