National
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Knight Frank and Bayleys complete McGrath acquisition
Knight Frank and Bayleys have completed their acquisition of McGrath Limited and announced a new board of directors to lead the group.
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Cathie Crampton heads back to Belle Property
Cathie Crampton has been named Head of Property Management Growth and Performance and will be looking to grow the division and improve profitability.
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Slim pickings for buyers with less than $750,000
The constant surge in house prices across the country is making life difficult for buyers according to the latest Herron Todd White (HTW) Month in Review.
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Inflation jump could spark interest rate rise
A 14th cash rate hike is once again on the table, after the monthly inflation rose to 4 per cent in May.
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Property gains hit a 14-year high
Homeowners are cashing in on the back of rising prices, with profitable resales reaching the highest level since July 2010 according to new data.
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Chantelle Collin named partner at BresicWhitney
Head of Property Management at BresicWhitney, Chantelle Collin has officially become a partner, on the back of her contribution and position as a trusted leader of the real estate group.
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Property prices set for more growth in the next year
Australian property prices are now expected to rise as much as 5 per cent in 2024, with a property insights leader revising its forecast on the back of increased buyer demand and an uptick in listings.
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Shani Costi appointed general manager at Costi Cohen
Commercial property buyers agency Costi Cohen has appointed Shani Costi as general manager, as it looks to significantly grow the brand over the next 12 months.
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Residential yields outperform commercial assets
Rising interest rates have seen yields increase across different asset classes, however, residential property has been steadily outpacing commercial assets.
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Sales volumes rising in NSW, but WA’s hot run could be over
Sales volumes are on the rise across a host of suburbs in NSW, however, demand in Western Australia might be starting to fall.
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Best of RE/MAX bask in Bali
The elite in the RE/MAX sales force have shaken off early winter chills to warm up while experiencing three days of professional stimulation at the Platinum + event.
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Auction numbers remain high despite winter setting in
Auctions have remained unseasonably high for the start of winter with strong stock levels coming to market and buoyant interest from buyers.
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Foreign buyers flood into Melbourne and Queensland
Foreign buyers are flooding back into Australia, with Melbourne and Queensland emerging as the hottest locations for overseas purchasers.
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The 27 key metrics agents need to track
Systems and checklists are the keys to keeping your finger on the pulse of your business and generating growth, according to an expert.
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Mortgage arrears hit three-year high
Borrowers are increasingly falling behind on their mortgage repayments with arrears hitting a three-year high.
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Data centres might be the next big alternative asset class
Data centres have quickly become an in-demand asset class, driven by a rising population and tight supply.
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Sabrina Gao heads up Ray White Lower North Shore’s China desk
Ray White Lower North Shore has enhanced its Chinese connection with a new full-service desk led by Sabrina Gao.
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Handling the death of a tenant with compassion
Death is something that touches us all and property managers can at times find themselves confronted with the death of a tenant.
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Calls to cap the number of short-term rentals
There is a new call to cap the number of Airbnb-type properties, with new data showing that 74 per cent of new housing supply heads straight to the short term rental market
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Record Real Estate of Origin for Ray White Group
Ray White agents across Australia and New Zealand have booked 10,141 appraisals at the 15th Real Estate of Origin event, with friendly rivalry fuelling the success.
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Harcourt’s icy plunge raises $10,000 for MND
Harcourts Ulverstone & Penguin team members have taken an icy trip down the town’s water slide to raise more than $10,000 for Motor Neurone Disease.
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View Media Group partners with Century 21
View Media Group has joined forces with Century 21, in a strategic partnership designed to shake up digital marketing in the real estate sector.
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Property prices to hit new records in new financial year
Property prices will continue to rise in the coming financial year, with Sydney’s house prices set to more than double Perth’s.
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REA Group acquires remaining interest in Realtair
REA Group has now acquired full ownership of Australian PropTech, Realtair.
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RBA keeps cash rate on hold at 4.35 per cent
The Reserve Bank of Australia has kept the cash rate on hold at 4.35 per cent at its June meeting, but hasn’t ruled out a further hike if sticky inflation continues to persist.
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MRI Software partners with CBA on reimagined payments solution
Commonwealth Bank of Australia (CBA) has unveiled a strategic collaboration with MRI Software to enhance the residential real estate sector's payment processes.
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Nerida Conisbee: Shouldn’t we already be in recession?
An interesting global study was recently released by the International Monetary Fund (IMF,) which looked at how sensitive countries were to monetary policy based on their housing markets.
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Many experts tip first rate cut in July 2025
Economic and property experts have unanimously tipped the Reserve Bank of Australia will keep the cash rate on hold at its June 18 meeting, but almost one-in-five say a rate cut won’t come before July next year.
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Mortgage cliff not finished yet
Life is not expected to get any easier for thousands of borrowers, with the last of the fixed-rate customers expected to see their rates rise substantially.
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Multi-speed markets: which cities face a cool-off
Property price growth across Brisbane, Perth and Adelaide could be on the verge of slowing down on the back of weakening economic conditions, affordability constraints and ongoing high interest rates.
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Population growth outstrips housing supply
Australia’s population growth is outstripping housing supply, with net overseas migration driving the rise in residents.
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Cash rate to remain on hold, but next move is down
The RBA is set to leave the cash rate on hold at 4.35 per cent at next week’s RBA meeting, but the next move will be a cut according to a major bank.
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Our top picks from the AREC 2024 Expo Hall
The Expo Hall at AREC is always a hit with principals, agents, and property managers, and this year was no different. Attendees were spoilt for choice, whether seeking cutting-edge solutions to streamline property management or fresh strategies to boost sales leads and listings. Innovation was in full swing, networking was buzzing, and many exhibitor stands enticed visitors with treats like…
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Seller confidence surges: new listings up 6.5 per cent in May
Seller confidence is returning to the real estate market, with new listings up 6.5 per cent in May.
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Agents need to ‘stand for something’
Agents must “stand for something” if they want to separate themselves from the pack was the message coming out of Ray White’s Ready SET Go training in Brisbane
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