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

stamp duty RBA REA Domain housing affordability
News

Real estate industry leaders weigh in on stamp duty reform

Industry leaders have provided official submissions on behalf of the real estate sector, discussing stamp duty changes and housing affordability.

school catchment zones
News

School zones create a house price premium

New Domain research has found many school catchment zones continued to add a significant premium onto already spiking…

Harcourts engage proptech
Franchise News

Harcourts Australia partners with Realhub to launch a new proptech offering

The Harcourts Australia network aims to assist agents and property managers with a new digital proposals and listings…

Brennan Hill Local Property Team
Franchise News

Local Property Team offers new business model that’s local by name and nature

With a career spanning more than 17 years, encompassing the gamut of real estate companies and positions, Local…

Industry News

Highest auction clearance rate since March

A sharp drop in the number of withdrawn auctions in Melbourne and Canberra has resulted in the highest…

Market buy
News

Online offer management platform, Market Buy, has come of age

In the five years since Market Buy’s first external sale, the pioneers of online offer management have celebrated…

new listings total listings
Industry News

New and total listings drop across Australia as national rental supply nears all-time low

The Australian rental market has become increasingly competitive as available rental supply continues to sharply decline over 2021.

millennials millennial John McGrath
Industry News

How millennials’ digital habits and home ownership trends have impacted the Australian property market

Millennials are a digitally savvy generation, going online to shop, socialise and work. So it is little surprise…

LJ Hooker Foundation mental health real estate lifeline
News

LJ Hooker celebrates its 93rd anniversary by partnering with Lifeline

LJ Hooker has announced an official partnership with Lifeline, which is aimed at helping the charity’s crisis support…

News

Clearance rate improves across higher volumes

With one-on-one inspections now permitted in Melbourne, auction volumes have increased slightly this week while the combined capital…

retirees retire mortgages Adrian Kelly
News

More retirees have large mortgages but fewer are downsizing

Fewer retirees are looking to downsize this spring selling season, according to the REIA, with listings down 20-40…

overseas migration Australian population growth
Industry News

Australia’s population growth rate is the slowest in more than 100 years

Australia's population only marginally grew in 2020, primarily due to the impact of international border closures on overseas…

Sydney suburb house price
Industry News

House prices have soared by almost 20 per cent

House prices have inflated by a whopping 18.4 per cent over the year to June, according to the…

Sydney new listing
News

Sydney sees newfound confidence as new listing rates improve

The NSW Government's pathway out of lockdown has instilled newfound confidence in Sydney residents, according to REA Group's…

Industry News

Domain set to acquire Insight Data Solutions

Domain has announced it has entered into a binding agreement to acquire Insight Data Solutions (IDS) by October…

Industry News

New Rexlabs technology takes the hassle out of database targeting

Since COVID-19 hit Australian shores, securing listings has become increasingly tough for real estate agents. It’s more important…

Industry News

The Reserve Bank rejects suggestions cash rates will lift sooner than expected

Governor Philip Lowe has shut down suggestions the Reserve Bank of Australia (RBA) will lift the cash rate…

affordable housing social affordable housing homelessness
News

Housing affordability advocates condemn Liberal MP Jason Falinski’s ‘prejudiced’ objections to social housing reform

A coalition of housing affordability advocates have rejected the "prejudiced" comments made by Jason Falinski, MP for Mackellar

franchise laws
News

Major changes to franchise laws will significantly impact the real estate industry

Important changes to Australian franchise laws, introduced in July, will impact both franchisors and franchisees, regardless of expansion…

News

MRI Software acquires Box+Dice

Global real estate software provider MRI Software has acquired customer relationship management platform Box+Dice, in a move that…

News

Auction volume and clearance rate enjoy slight increase

There has been a slight increase in auction volume this week as the preliminary clearance rate also took…

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,…

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…