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

News

HomeBuilder is working for now, but a second cliff is up ahead

A 15.4 per cent leap in the number of dwelling approvals and a 25.3 per cent rise in the value of housing construction loans during September shows the effectiveness of the HomeBuilder program.

News

Dwelling approvals and construction loan commitments surge

The number of dwellings approved rose 15.4 per cent, according to ABS data released today.

Industry News

Australian housing values are rising, after five months of declines

Following what CoreLogic refer to as "five months of consistent declines in residential property values", the national home…

News

Clearance rate at highest point since pre-pandemic

The preliminary clearance rate has hit its highest peak since the start of the coronavirus pandemic, coming in…

Commercial

Property developers and investors make AFR Rich List

Three moguls who have made their fortune in the property game appear in the top ten of the…

News

Homely appoints David Webb as Head of Industry

Homely.com.au has announced that David Webb is joining its Executive Team as the Head of Industry. As Homely’s…

Industry News

Sydney house prices rise as units fall, marking largest price gap on record

Sydney housing prices took a massive tumble in the June quarter, losing close to $22,000 off the median…

News

Hobart house prices to leapfrog Adelaide, as Darwin moves past Perth

Domain's latest House Price Report has revealed the Australian housing industry has largely bounced back, with all capital…

Industry News

Green Building Council takes steps to eliminate natural gas in new buildings

Green Building Council of Australia have completely overhauled its Green Star rating system in a push to eliminate…

News

National rent prices fell annually for the first time

The September 2020 quarter CPI figures show the impact that the pandemic has had on national rental prices.

Commercial

CoreLogic partners with innovation program RealTechX

CoreLogic has today announced its backing of emerging technology businesses in real estate through Taronga Ventures' RealTechX program.…

News

The Reserve Bank believes the recession could be over

Reserve Bank deputy governor Guy Debelle told a Senate estimates hearing on Tuesday that the RBA believes the…

Franchise News

Energy-saving AI tech trialled in CBD offices and malls

AMP Capital has started to roll out new energy saving AI technology in a number of its Australian…

Commercial

Over a quarter of Aussies say now is the time to buy property

New research commissioned by ING has found Australians have no real qualms about investing during this recession, with…

News

Survey highlights rental uncertainty during COVID-19

A new survey from Flatmates.com.au with more than 12,000 respondents highlights the uncertainty felt by renters during the…

News

Over 96% of First Home Loan Deposit places have already been filled

The First Home Loan Deposit scheme allows buyers to purchase a property with just a five per cent…

Industry News

Auction markets continue to strengthen

As Victoria returns to in-person auctions, the market is gaining moment, with a surge in Melbourne listings contributing…

News

Mirvac sees 40 per cent rise in residential land sales

Over the September quarter, developer Mirvac saw a 40 per cent lift in housing lot sales, selling over…

News

Most Aussies are made responsible for their own workplace COVID cleaning

New research has found that 59 per cent of Australians have had their bosses task them with cleaning…

News

Why more housing stimulus will be needed to sustain recovery

Housing stimulus has proved a welcome shot in the arm for the property market, but academics question whether…

News

PCA: Proposed fees make Australia “less attractive destination for investment”

Proposed foreign investment rules that introduce a steep new fee for investing in Australian real estate have been…

Adrian Kelly
Industry News

Remain vigilant: REIA’s message to the industry

REIA President calls on the real estate industry to remain vigilant as state borders reopen.

Industry News

Reserve Bank notes increased housing activity, despite weak investment levels

On October 6, the same day as the Federal Budget was announced, the Reserve Bank Board met and…

Franchise News

REA Group celebrates ‘excellent results’ in annual report

REA Group have delivered an annual shareholders report that celebrates a number of wins in what Chairman Hamish…

News

Auction clearance rates strengthen as Melbourne activity ramps up

Auction clearance rates strengthen as Melbourne activity ramps up The combined capital city preliminary auction clearance rate hit…

Industry News

Property investment falls to a record low

As with a lot of things, the levels of property investment in the Australian housing market crashed during…

Franchise News

REA Group commits to carbon neutrality

REA Group has announced its commitment to become carbon neutral.

Industry News

Domain Rental Report shows rental markets in flux

Domain's September Rental Report has shown there is little consistency across the states and territories, with prices hitting…

News

Cash rate won’t rise for three years: RBA

"We do not expect to be increasing the cash rate for at least three years."

Industry News

Repayments have begun on almost half of deferred loans

Australian Banking Association has announced that repayments have resumed on 45 per cent of deferred loans for mortgages…

News

Confidence in the housing market has boomed: Westpac

"This is an extraordinary result," said Westpac chief economist Bill Evans of the overall consumer sentiment.

Industry News

The full impact of HomeBuilder is now evident: HIA

The full impact of HomeBuilder is now evident with sales now 11.8 per cent higher compared to last…

Commercial

Commercial real estate sales down 58 per cent in 2020

Commercial real estate sales plummeted during the first nine months of 2020.

Industry News

REA Group wants you for their online property panel

REA Group has launched its new realestate.com.au Property Panel, and are seeking sales agents, principals and property managers…