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

RMRE fundraises for Beyond Blue for mental health
Industry News

Richard Matthews Real Estate gets behind Beyond Blue

Richard Matthews Real Estate director and auctioneer Matthew Everingham has announced a fundraising collaboration with Beyond Blue.

Industry News

Cash rate remains on hold, but RBA eases up on bond buying

The Reserve Bank of Australia has left the official cash rate on hold at its July meeting, but…

Melbourne tightens rental vacancy rates
News

Rental vacancy rates hit a milestone low

New Domain data shows national rental vacancy rates are the lowest on record.

house rates
News

Interest rates predicted to hold but will property prices peak this year?

The non-stop rise in house prices may hit an apex this year, according to the latest expert housing…

repair specialists Megasealed
Franchise News

Leak repair specialists Megasealed celebrate 25 years of business success

A business which services the real estate and strata industries with repair solutions for leaking showers and balconies…

property council welcomes way out of covid
Industry News

Property Council welcomes projected pathway out of COVID-19

The Property Council of Australia has welcomed National Cabinet's agreement of a four-phase pathway out of the pandemic…

investor value rise
News

Investor housing loan commitments rise

The latest Lending to Households and Business figures show the value of new loan commitments for housing increased…

Australian rents
News

Productivity of our large cities is at risk due to unaffordable housing

Economic growth and productivity in Australia's largest capital cities appears to be slowing, says new research.

housing
Industry News

Auction volumes and clearance rates dip due to COVID uncertainty

The preliminary clearance rate came in at a lower 73.6 per cent this week after the volume of…

houses in north Sydney
Industry News

Australian dwelling values finish the financial year 13.5 per cent higher

National home values rose 1.9 per cent in June, taking annual growth to 13.5 per cent for the…

Gold Coast luxury market
Industry News

Knight Frank research reveals promising luxury real estate trends

Australia’s major cities saw their highest quarter of prime residential sales volume on record. At the same time,…

Intergenerational Report economics
Industry News

New Intergenerational Report indicates COVID-19 will have lasting impact on the economy

The Australian Government's Intergenerational Report was released on Monday, with the Property Council of Australia describing it as…

News

Victorian and WA markets show impressive sales trends

Online offer management system Market Buy has reported solid sales trends across the country, with properties selling for…

News

Sydney holds firm despite lockdown, Melbourne enjoys second busiest auction week of the year

Melbourne has enjoyed its second busiest auction week of the year, but all eyes were on Sydney this…

homely Raine & horne
News

Profit-making resales jump thanks to hot property market

The number of home owners selling their property at a profit jumped in the March 2021 quarter thanks…

News

Propic and MRI Software join forces to bring conversational AI to property managers

Conversational artificial intelligence (AI) will be used to improve the customer experience and potentially save property managers from…

Single parents and first home buyers given more chance to buy
News

REIA urges Australians to use deposit schemes

Thousands of Australians have been given their first real chance to buy their own home.

News

Over 200 markets now in the million dollar property club

With property markets running hot across the country, a new report has highlighted that there are now 218…

News

Auction volume down but clearance rate up over long weekend

Auction volumes were again lower than predicted this week, but CoreLogic noted the preliminary clearance rate enjoyed a…

News

New home sales strengthen in May

The Housing Industry Association (HIA) revealed there has been a 15.2 per cent increase in new home sales…

News

Australian property is selling faster than ever

Demand for property across the country is higher than ever with the average days on market tumbling last…