National
Real estate news from across Australia – market shifts, regulatory changes, and industry developments that affect property professionals nationwide.
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 annual awards night on Saturday, the group also announced it is now…
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…
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…
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…
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.
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…
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…
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…
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
This week proved the second busiest auction week of the year, with 3033 properties taken to auction across…
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…
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…
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…
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 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…
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…
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…
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.
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),…
Post Easter auction volumes climbing again
Auction volumes rose across the combined capital cities this week with 2170 homes taken to auction, increasing on…
Ray White reports record month of transactions in March
Records are continuing to tumble in the Australian property market, with Ray White Group reporting a record month…
CoreLogic data confirms national housing values hit new record high last month
Low mortgage rates, a rise in consumer sentiment and low listing volumes combined to propel national housing values…
Properties selling at record speeds according to latest REA Insights Property Outlook Report
The Australian property is showing no signs of slowing down for the remainder of 2021, with the latest…
Console Cloud integration with Snug will streamline leasing process for property managers
A new application integration from software company Console Cloud will enable property managers to streamline the leasing journey.
One in five first-time buyers considering crossing the border to enter property market
First-time homebuyers are increasingly looking outside their own back yards in an attempt to get a foothold in…
Why ‘Pay On Success’ is a real estate game-changer for you and your vendor
As an agent, you know selling a home is a rewarding experience, however discussing the upfront costs for…
Openn season: Reserve prices smashed using online negotiation platform
Reserve property prices are continuing to be smashed around the country, as Australia’s surging property market continues to…
Reserve Bank Board maintains current policy settings and leaves official cash rate on hold
As had widely been expected, the Reserve Bank Board opted to leave the official interest rate on hold…
CoreLogic data reveals busiest Easter auction week on record
The weekend before the four-day break helped make for the highest-volume week of auctions in three years, but…
Balancing act: How do you expand regional centres without destroying their character?
With massive population growth in the regions over the past year, ensuring regional areas can sustainably expand without…
Expats are coming home to boost Australia’s already-soaring property market
Well-heeled expatriates returning to Australia are helping drive the nation’s booming property market to new highs, according to…
REIA welcomes end of moratorium on rental evictions
The Real Estate Institute of Australia (REIA) has welcomed the end of rental eviction moratoriums in many states…