National
-
You can now rent out your pool for extra income
Pool owners are now able to make extra income by renting out their pools on the side with some people making as much as $5000 over the summer.
Read More » -
Are first-time buyers really closer to home?
First-time buyers can save a 20 per cent deposit two months faster now than they could a year ago but there is a catch, according to the latest data from Domain.
Read More » -
Australian property professionals drag their feet on AI
More than one-third of property professionals believe Artificial Intelligence (AI) will have a “revolutionary impact” on the sector, but few have truly started to implement it.
Read More » -
Demand for share accommodation surges over summer
The housing crisis continues to force renters into share accommodation with demand for rooms soaring in January.
Read More » -
House and unit price gap hits record $300k in capital cities
The gap between capital city house and unit prices has never been wider, with detached homes now costing almost $300,000 more.
Read More » -
@realty celebrates a decade of innovation and success
This week @realty, a leading player in the real estate industry, is commemorating its remarkable 10-year anniversary.
Read More » -
The value of property purchases falls as buyers tighten their belts
Rising interest rates led Australian borrowers to tighten their purse strings last year, with the total value of property purchases down 12.7 per cent according to new research
Read More » -
McGrath posts $7.5 million profit and plan for more offices
McGrath now has 16 more offices and 81 more agents than it did a year ago, with a view to add 115 high quality new offices to the network over the next three to four years.
Read More » -
Commercial auction events to see 40 properties go under the hammer
Two major commercial auction events are set to see 40 commercial properties go under the hammer across the country.
Read More » -
Retail asset transactions gain best market share in 20 years
For the first time in nearly 20 years, retail assets have made up the largest portion of commercial property transactions.
Read More » -
New listings surge in Sydney and Melbourne
A surge of sellers have listed their homes, with Sydney and Melbourne reporting the biggest jump in new listings in more than a decade.
Read More » -
Hotel room rates surge as Taylor Swift fever takes hold
Tourism assets are seeing a resurgence with a string of big-name artists including Taylor Swift and high-profile sporting events helping boost room rates across the country.
Read More » -
Market turnaround leads to profit for Domain
Domain has witnessed a “pleasing turnaround” in the property market and its financial performance, with profits rising 48.7 per cent.
Read More » -
Regional areas emerge as sanctuaries from the rental crisis
The rental crisis continues to put renters under extreme pressure, however, new research has found a number of regional areas are emerging as “sanctuaries” for renters in search of relief.
Read More » -
Consumer confidence boosts property market auction success
Consumer confidence is returning to the property market, resulting in higher than normal auction clearance rates.
Read More » -
REIA warns against over-favouring corporates in BTR investments
The Real Estate Institute of Australia (REIA) has cautioned the Federal government, not to prioritise foreign investment into Build to rent (BTR) over individual investors.
Read More » -
REACH Australia and New Zealand unveils the class of 2024
A tech-driven, custom-tailored menswear brand, a resident experience company meeting the demands of modern living and a group that empowers anyone to buy and sell tiny squares of conservation land, have been named in 2024 REACH Australia and New Zealand program.
Read More » -
Stamp duty now costs up to six times more than a generation ago
Homebuyers are now paying up to six times more in stamp duty than a generation ago as incomes have not kept pace with surging home prices according to new research.
Read More » -
Healthier market leads REA Group to excellent half-year financial results
REA Group Chief Executive Officer Owen Wilson has predicted “healthy market conditions” for the remainder of 2024 on the back of securing outstanding half-year financial results.
Read More » -
How can housing values fall when demand is so high?
The housing crisis and ongoing demand for property due to population growth is being reflected most of all in rental markets, with home prices falling in some areas according to an expert.
Read More » -
‘Right to disconnect’ laws could impact real estate
Proposed new laws allowing employees to ignore “unreasonable” contact from their bosses, and related third parties, after hours could potentially impact the real estate industry.
Read More » -
New laws aim to boost foreign investment in build-to-rent in Australia
The Property Council of Australia has welcomed the introduction of legislation to lower foreign investment application fees for build-to-rent projects as a move that will boost investment in new rental supply.
Read More » -
Distressed listings jump 9 per cent in NSW
The number of distressed listings has risen across Australia, despite the number of total listings falling in January.
Read More » -
‘Bleak’ outlook for office assets as workers stay home
Workers are not returning to the office leading to sustained upward pressure on vacancy rates and a negative outlook for the sector according to an expert.
Read More » -
Vacancy rates fall again in the new year
Rental availability declined further in January, with the national vacancy rate falling to 1.09 per cent.
Read More » -
RBA keeps interest rates on hold at 4.35 per cent
The Reserve Bank of Australia has kicked off 2024 with an interest rate hold, electing to keep the cash rate at 4.35 per cent at its first meeting of the year.
Read More » -
First home owners join MyBrix looking to sell their mortgage to investors
Sydney-based FinTech start-up, MyBrix, has received its first applications from property owners looking to sell their mortgage debt to investors.
Read More » -
Australia’s auction season kicks off with near-record activity
Australia has recorded the second biggest start to auction season on record, with 1671 properties going under the hammer last week across the capital cities.
Read More » -
Competition cools despite record low vacancy rates
Vacancy rates have returned to record low levels, but there is hope for renters, with new data showing competition for properties is starting to ease.
Read More » -
Rates likely to stay on hold after inflation tumbles
Inflation has fallen to its lowest rate in two years, with experts now predicting the Reserve Bank of Australia (RBA) will leave rates on hold at next week’s meeting.
Read More » -
More retail assets likely to come to market as transactions rise
The retail sector has started the new year with a flurry of activity and there could be more assets coming to market this year, according to an expert.
Read More » -
Mixed results as home values climb for the 12th straight month
Australian property values have risen for the 12th consecutive month, but market performance remained varied among the capital cities.
Read More » -
Tax cut could unlock 10,000 affordable rental homes
Lowering a single tax on build-to-rent housing could protect 150,000 new homes and create a further 10,000 affordable rental homes over the next decade, according to new modelling.
Read More » -
Swimming pools make homes more valuable
The backyard pool is always a popular feature during the summer holidays and now new data shows that properties with pools are more attractive to buyers.
Read More » -
Perth prices continue to surge in January
Perth has retained its title as the strongest property market in Australia, with house prices up 15.3 per cent over the past 12 months.
Read More »