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

News

The CEO Magazine announces new Real Estate Executive of the Year award

The CEO Magazine has just announced applications are open for its annual Executive of the Year Awards, and this year the publication has announced a series of new categories, including…

Melbourne CBD occupancy
News

Capital city CBD occupancy rates on the rise

The latest Property Council of Australia office occupancy survey has revealed more workers are returning to capital city…

REA Group CEO Owen Wilson
News

REA Group announces proposal to acquire Mortgage Choice

REA Group has today announced a proposal to acquire publicly listed mortgage-broking firm Mortgage Choice.

News

The Agency announces appointment of Geoff Lucas as Group CEO

The Agency has just announced the appointment of Geoff Lucas as Group CEO, with the highly experienced industry…

News

Auction volume rising, clearance rate holds firm

Busiest auction week since April last year and next week tipped to be higher

Doron Peleg
News

Riskwise warns of possible credit restrictions to cool housing market

According to RiskWise Property Research, there is a possibility that regulators could introduce credit restrictions later this year…

Melbourne
News

Australia second-most-popular offshore destination for Asian property investors

Despite the COVID-19 pandemic having restricted and reduced the physical movement of Asian real estate buyers around the…

News

Houses the standout performers as auction volumes rise

Auction volumes rose across the combined capital cities this week, with 2232 homes taken to auction, marking the…

new houses
News

Market confidence ensures strong start to 2021 for new home sales

New home sales have surged in Australia over the past 12 months, with the latest Housing Industry of…

Zapier and Rex
News

Trigger happy: Rex announces integration with automated tech tool Zapier

Rex Software has integrated a new automation tool into its CRM that has helped US agents reduce their…

News

Reserve Bank Governor issues warning on housing prices

In a speech in Sydney on Wednesday, Reserve Bank Governor Dr Philip Lowe has issued a warning about…

News

Report finds fixing income equality key to addressing property ownership imbalance

A new report released by CoreLogic suggests addressing gender income equality could also help close the gender wealth…

Franchise News

Karmen Costigan joins Harcourts Australia as Head of Property Management

One of the nation’s largest real estate franchise networks, Harcourts Group Australia, has appointed seasoned industry professional Karmen…

News

Property Council survey reveals slowdown in rate of workers returning to offices

Australia’s central business districts are taking a long while to recover from the effects of COVID-19 social restrictions,…

News

Reserve Bank leaves official interest rates at historic low

As widely expected, the Reserve Bank left official interest rates unchanged at the historic low of 0.1 per…

News

Price growth in capital cities outstripping regions according to REA Insights Home Price Index data

Capital city price growth outpaced regional growth for the second time in 12 months in February, data from…

News

Australian home values rise at fastest rate in 17 years

CoreLogic’s national home value index for February showed prices rose across each of the capital city and rest-of-state…

News

The Agency announces half-year profit and record earnings

The Agency has released its half-year financial results, chalking up a maiden profit and record earnings for the…

News

Call for fast-tracked infrastructure investment

Infrastructure Australia has released its 2021 Priority List, which the nation’s property industry has labelled a “wake-up call”…

Proply
News

Proply and ListReady partnership offers ‘list now, pay later’ solution

Leading digital proposal software group Proply and real estate credit provider ListReady have teamed up to provide agents…

News

Survey reveals pandemic has proven prosperous for proptech sector

A new study from the Property Council and Yardi Systems has found data analytics, business process automation and…

News

Positive conditions forecast to continue according to REA Insights Property Outlook Report

REA Group's newly released Insights Property Outlook Report is tipping positive conditions to remain throughout 2021, with a…

News

Top independent agents named at 15th annual Australasian Real Estate Results Awards

The region's top performing agencies and individuals came together last night competing for top honours at the 15th…

News

Spike in demand leads to rise in construction costs according to CoreLogic figures

The cost of construction in Australia rose by 1 per cent over the December quarter, according to newly…

News

A new leash on life: Study finds benefits for all parties in pet-friendly residential arrangements

More than 60 per cent of households across the nation own a pet but those living in private…

News

Clearance rate holds above 80 per cent, with volume set to skyrocket

Sydney has enjoyed its third consecutive week of an auction clearance rate above 80 per cent as national…

News

Homely partners with REIWA to strengthen affordable advertising options

Homely announces new partnership with REIWA in an effort to expand industry-backed and affordable real estate advertising options…

Industry News

Inland Australia in vogue as rural areas record surge in house values

As large swathes of rural Australia emerge from long-running drought conditions, and the mining sector benefits from higher…

News

Rent.com.au hits new milestone with one million Renter Resumes created

Rent.com.au has announced that more than one million renters have now created a Renter Resume through its site.

Franchise News

Seventh heaven: @realty celebrates anniversary with 40 per cent rise in sales

National real estate network @realty celebrated their seventh birthday in style this week, with a 40 per cent…

Industry News

Realestate.com.au honours the top residential and commercial real estate agents across Australia

The most innovative, community-minded and highest-achieving individuals and businesses in property management and sales have been honoured today…

Industry News

REA Group changes Track with rebranding of data and valuations business

REA Group has announced a rebranding of its property data and automated valuations business Hometrack, which will now…