National
Real estate news from across Australia – market shifts, regulatory changes, and industry developments that affect property professionals nationwide.
Openn Negotiation smash seller expectations
Online property sales platform Openn Negotiation has reported a strong start to the spring selling season – with 53 per cent of properties sold in September selling above expectations.
The Block’s winning bedroom borrowed from Byron designer
Block contestants Luke and Jasmin were thrilled after scoring a perfect 30 for their jungle-themed children's bedroom on…
RBA expected to cut cash rate to 0.1 per cent
It seems a fait accompli that the Reserve Bank will be slashing the cash rate by 0.15 per…
Universities will need to sell $25b real estate portfolio
The Australian university sector is in dire straits, with Universities Australia predicting losses of $16 billion across our…
Houses v units: the risk gap for investors widens further
The difference between buying a house and buying a unit rental property has never been more pronounced, according…
Sydney mansion breaks national auction record, selling for $24.6m
Sydney enjoyed an impressive weekend of auctions, with the clearance rate hovering just under 75 per cent, and…
Auction clearance rate holds above 70 per cent
The preliminary clearance rate continues to defy expectations, holding above 70 per cent for the second week in…
QANTAS may soon be your new landlord
Qantas is subletting roughly 25,000 square metres of office space in Sydney, Melbourne and Hobart.
Simpler home loan rules to fuel Australian economy
Reforms announced by the Morrison Government that will streamline and loosen the progress of applying for home loans…
Should landlords be incentivised to make rentals energy efficient?
The Australian Housing and Urban Research Institute have released a 75-page report that proposes tax breaks and financial…
Planning reform will add $5.7b to economy: PCA
The Property Council of Australia are urging the various state and territory Governments to implement at least one…
Australia should aim for zero-carbon buildings by 2030
The Australian Institute of Architects has welcomed the Government's recently-announced $1.9b investment into lowering emissions, but urges the…
Domain to offer a real estate marketing edge with new ‘Early Access’ product
Early Access, a new product from Domain, is designed to match high-intent property seekers to properties in close…
House prices set for a 15 per cent surge: Westpac
The economists have mapped out a four-stage housing cycle that they believe will lead to this surge.
Dexus CEO warns of “far more painful” recession if work-from-home continues
"People will sit there and say it's the death of the office, but I don't think that's the…
Survey: Rent is easier to pay, but renters see a grim future
Renters are finding it easier to make their rental payments than at the start of the COVID-19 crisis,…
PCA call for six-month Home Builder extension
Recent research by the National Housing Finance and Investment Corporation predicted that demand for housing in Australia would…
Drop in migration to cause drop in Aussie housing demand
The global COVID-19 pandemic could cut demand for housing in Australia by between 129,000 and 232,000 dwellings over…
C21 boosts service offering
Century 21 Australia has acted on insight obtained while operating through COVID-19 and bolstered its service proposition to…
Highest preliminary clearance rate since March
Foreign investment fee an “outrageous impost” that will hurt economy: PCA
Proposed legislation that will increase the cost of foreign investment applications fees has been slammed by the Property…
Co-living company Hmlet moves into property and lifestyle sector
Hmlet, Asia-Pacific’s fastest growing co-living company, announced a range of products that see them enter the property and…
LJ Hooker turns 92, and partners with headspace
On September 20, 1928, Leslie Joseph Hooker opened a real estate office in Maroubra, a beachside suburb roughly…
$52.5m greener buildings package welcomed
The Property Council of Australia has welcomed today's announcement of a $1.9 billion package of investment in future…
The pandemic has changed what buyers want, and developers are following suit
The pandemic has changed how and where people want to live, and what features they are now looking…
HomeBuilder will keep residential building industry afloat in December Quarter
The HIA New Home Sales report indicates that HomeBuilder will support building activity and protect jobs in the…
Australia’s lowest mortgage rate is now 1.89 per cent
The 10 ‘danger zones’ for unit oversupply in Australia
RiskWise has identified the Top 10 'Danger Zones' areas in Australia.
Homely appoints David Holmes as Qld State Manager
Real estate portal homely.com.au has appointed well-known industry figure and auctioneer, David Holmes as their Queensland State Manager.…
Rent.com.au raises $1.5m to launch RentPay
Rent.com.au has raised $1.5m to market and launch RentPay, RENT's flagship 'tenancy period' product.