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

Sydney Central Business District
International

Two Australian cities listed in the top five for entrepreneurial success

Sydney and Melbourne have been highlighted as two of the best cities in the world for aspiring entrepreneurs to start their own business.

Real Estate Agent Events

REIA to host ‘getting real’ policy forum to address housing issues

The Real Estate Institute of Australia (REIA) will meet with key political and industry leaders in Darwin on…

auction volumes
News

Auction volumes below predictions due to Melbourne’s lockdown

Auction volumes dropped below the number previously predicted this week, with 2691 properties going under the hammer across…

May auctions
Industry News

May the busiest auction month on record: Domain

May was the busiest auction month on record, according to a recent report by Domain.

News

Home loan commitments hit record high

Owner-occupiers are fuelling a record high level of new loan commitments for housing.

Hobart
News

Australian residential property values rise by 2.2 per cent in May

Housing markets continued to surge throughout Australia in May, with CoreLogic's national Home Value Index rising by 2.2…

News

Top 10 takeaways from AREC 2021 – Day 2

AREC 2021 has just wrapped up on the Gold Coast

auction Melbourne
News

Third busiest auction week of the year, despite Vic lockdown

Despite the announcement of a snap lockdown in Victoria, this week proved the third busiest auction week of…

Marcus Williams
Industry News

Second place worth celebrating at Harcourts Australia’s awards night

Harcourts Australia had plenty of reasons to celebrate over the weekend. In addition to the company hosting its…

auction volumes
News

Auction volumes and clearance take a minor dip

Both auction volumes and the preliminary clearance rate took a minor dip this week, with 2845 homes taken…

Byron Bay
News

Regional rent prices rise at three times the rate of capital cities

Rental prices in Australia’s combined regional markets have increased by almost three times the rate as capital city…

mental health
News

Industry heavyweights Rise to the challenge of mental health

Nine out of ten real estate agents in Australia experience high stress at work, and 65 per cent…

Luxe Listings Sydney
News

Amazon Prime announces July premiere for real estate docu-series Luxe Listings Sydney

Production has commenced on an unscripted docu-reality series about the Sydney real estate scene.

houses under construction
News

Australia’s residential construction costs rose less than one per cent in March quarter

Construction costs increased by less than 1 per cent in the first three months of 2021, according to…

Parliament House
News

Social and affordable housing the focus in Budget reply speech

Labor would spend $10 billion on social and affordable housing over five years if elected to government at…

Parliament House
News

Key industry groups respond to big-spending Federal Budget

As the dust settles on the 2021-22 Federal Budget, some of Australia's key industry groups have weighed in…

News

A Budget right for its time

There’s plenty for the property industry to like in the 2021 Federal Budget, not because of any specific…

second busiest auction week of the year
Industry News

Second busiest auction week of the year

This week proved the second busiest auction week of the year, with 3033 properties taken to auction across…

Canberra
News

Canberra auction clearance rates reached record high in April

Domain has released its Auction Report for April, showing clearance rates in Sydney and Melbourne have declined slightly…

auction clearance rate
Industry News

Slight drop in auction volume and clearance rate

This week CoreLogic reported there were 2041 capital city homes taken to auction resulting in a preliminary clearance…

Sydney
News

Property values are climbing, and so is industry confidence

Dwelling values are continuing to climb but so is confidence, with new data showing industry confidence levels are…

renovation
News

First-home buyers turning attention to homes requiring renovations

First-home buyers are increasingly looking for fixer-uppers to get a foothold in the property market, with four in…

new houses
News

New home building hits highest level in more than 20 years

New home building surged to its highest level in more than 20 years in the December quarter, with…

Perth
News

Domain report shows house rents hit new highs in most capital cities

Domain has just released its Rent Report for the March quarter, with data showing every capital city in…

Northern Beaches
News

CoreLogic data shows auction clearance rates hit 80 per cent

CoreLogic has released its Quarterly Auction Market Review, today, revealing Australia's combined capital cities clearance rate reached 80.0…

excited first home buyer
News

New research reveals first home buyers need six-figure deposit to enter market

According to new research, prospective homeowners in Australia now need a six-figure deposit to purchase a property.

News

Direct Connect partners with RACV to give movers access to even more benefits

Moving services company, Direct Connect, has announced an exclusive partnership with the Royal Automotive Club of Victoria (RACV),…

News

Post Easter auction volumes climbing again

Auction volumes rose across the combined capital cities this week with 2170 homes taken to auction, increasing on…