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

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 always congruent with their lockdown status, according to Domain.

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Scheduled auction volumes might have increased this week, but with 64.3 per cent of all Melbourne auctions withdrawn,…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

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…

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…