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

small businesses mental health beyond blue efpos
News

Debit card system EFTPOS partners with Beyond Blue to assist small businesses

EFPOS has announced a new partnership of Beyond Blue, providing funding to support Australian small businesses struggling with mental health issues.

professionals openn negotiation partners partnership proptech
Supplier News

Openn Negotiation signs a partnership agreement with the Professionals

Australian-listed proptech company Openn Negotiation has established a partnership agreement with the real estate agency Professionals Group Australia.

housing affordability
Industry News

REIA welcomes the housing affordability and supply inquiry

The Real Estate Institute of Australia (REIA) has welcomed the House of Representatives Standing Committee on Tax and…

News

Housing affordability and supply in the spotlight

Housing affordability is set to be the focus after an inquiry into Australia’s housing supply was announced late…

auction clearance rate
News

Auction clearance rate lower as markets navigate lockdowns

The volume of properties taken to auction was slightly higher this week, but the clearance rate dropped marginally…

lockdowns improve search volumes
Industry News

Australians are using lockdown to hunt for property online

Search activity on realestate.com.au jumped 2.4 per cent last week as lockdowns were felt across the country.

Nerida Conisbee
News

What is the state of the current property investment market?

Ray White chief economist Nerida Conisbee has revealed the current property investment is particularly buoyant.

News

Rental market confidence is up but agents are concerned about rent roll and profitability margins

Australian property managers were surveyed to determine the true mood of the national rental market with the response…

Melbourne based sorted services proptech
Supplier News

How proptech startup Sorted Services doubled its headcount amid the pandemic

Sorted Services, an Australian digital platform streamlining the property management lifecycle, has announced significant growth amidst a challenging…

sustainable sustainability reia
Industry News

REIA has urged the Australian Government to rethink their approach to sustainability in real estate

The Real Estate Institute of Australia (REIA) has called on the government to empower Australian consumers to adopt…

News

Auction volumes and clearance rate dip with three major capitals in lockdown

Both auction volumes and the preliminary clearance rate fell this week in the wake of lockdowns across Australia's…

REA Group FY21 FY21
News

REA Group Australia reveals strong growth in their FY21 results

REA Group has announced positive end of financial year results, with their revenue of $928 million up by…

Sydney CBD office market vacancy rates
Industry News

Sydney’s CBD office market shows resilience amid lockdowns

The Property Council of Australia's latest Office Market Report has highlighted the resilience shown by the Sydney CBD…

Growth cycle tapering as housing becomes less affordable
News

Australia’s growth cycle tapers as housing becomes less affordable

Australian housing values increased a further 1.6 per cent in July, according to CoreLogic.

Rex software
News

Rex Software celebrates 10 years servicing the real estate sector

Rex Software looks back at 10 years servicing the real estate sector and the major milestones they've enjoyed…

ATO tax returns
News

The ATO warns property investors to be aware of common tax return traps

The Australian Taxation Office (ATO) has reminded property investors to look out for common tax return mistakes that…

economists experts sydney lockdown recession
News

Sydney lockdowns could cause another Australian recession

68 per cent of Finder's surveyed experts believe Sydney's extended lockdown could be a catalyst for another recession…

Canberra auctions
News

Auction volumes steady, clearance rate rises

This week’s preliminary clearance rate has edged higher and volumes remain on par with previous weeks, despite the…

Sydney and Melbourne rental markets
Industry News

Sydney and Melbourne are the only capital cities with declining rental markets

REIA president Adrian Kelly said Sydney and Melbourne saw rents fall slightly, while other capital cities saw rents…

News

The Agency on track for record financial year results

The Agency’s planned growth trajectory continues, with the group’s results for the June quarter indicating the company is…

premium house over unit
Industry News

Gap between median house and unit prices breaking records

The price premium of houses over units has continued to emerge since March last year, as stage two…

Australian prestige regional property markets Hobart Tasmania
Industry News

Pandemic fuels regional migration and pushes property prices up

Across the country, prestige and regional markets have seen incredibly positive results over the past year, but other…

Melbourne retail commercial property office
News

Cheaper for small businesses to buy commercial property than lease

Raine & Horne Commercial have released their second quarter 2021 edition of Commercial insights, supplying the industry with…

millennials
News

Most millennials believe the housing market needs more regulation

The majority of millennials (70 per cent) believe the housing market should be more heavily regulated, according to…