National
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Buying beats renting in over a third of Australian homes
Rent growth over the past 12 months means it’s still cheaper to buy than rent more than one-third of Australian homes.
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Airspace development association aims to tackle housing crisis
A new association has been set up aiming to encourage the new construction process of airspace development to help ease the housing crisis.
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Summer’s approach spurs REIA to champion mutual agreements for tenant home modifications
Tenants looking to make moderate changes to a property they’re renting should reach out to their property manager in a bid to put in place a Mutual Agreement, according to a top industry body.
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Falling prices in some suburbs make it easier to buy in Sydney and Melbourne
With interest rates rising, buying conditions remain tough however, there are still locations where people can find both affordable and livable locations according to a new report.
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7 ways your agency can get the most value from AI
Generative AI could create between $110 billion and $180 billion in value for the real estate industry, but only if agencies rewire the way they work to make the best use of the technology.
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REIA President Hayden Groves to hand over the reins
Real Estate Institute of Australia (REIA) President Hayden Groves is set to finish up his term as head of the industry body after two years in the role.
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Barry Plant goes back to its roots with its rebrand and new offices
Barry Plant Group is set to rebrand with a fresh new look that takes the company back to its roots.
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National Home Value Index hits a new high
Australia’s property market has experienced a V-shaped recovery, with the national Home Value Index hitting a new record.
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Tourism and industrial sectors the big winners this year
The tourism and industrial sectors have been the shining lights in whats been a rough year for commercial property, according to an expert.
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Knight Frank: 2024 will be better for commercial property
After a tumultuous 12 months, 2024 is shaping up as a better year for commercial property, with Knight Frank tipping it’s going to be a good time to acquire assets.
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Sydney’s blue-chip suburbs see values grow by more than $2 million in 10 years
The premium Sydney locations of Manly, Mosman and the Eastern Suburbs have seen home prices surge over the last decade with values up by more than $2 million.
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Listing levels back on track nationally
New listings surged in October, rising 17 per cent month-on-month nationally, according to the latest PropTrack Listings Report.
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James Kirkland to head up Little Real Estate’s sales and marketing
Australia's largest independently owned real estate agency, Little Real Estate, has appointed James Kirkland as Executive General Manager of Sales and Marketing.
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REIA wants to phase out stamp duty and boost supply to tackle housing crisis
The Real Estate Institute of Australia (REIA) has called for stamp duty to be phased out and lending criteria to be revisited to encourage more housing investment and ease the housing crisis.
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Remote investing surges as investors head to WA
Remote investing has taken off in 2023, with the distance between where landlords live and where they invest almost doubling compared to last year.
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Ray White’s annual conference uses curiosity to drive innovation and growth
The Ray White team has come together at their annual conference on the Gold Coast with a focus on curiosity, and finding ways for the company to continue to grow
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Property values rise in more than 80 per cent of markets
The Australian property market continues to build steam, with new data showing 82.4 per cent of house and unit suburbs recorded a jump in values in the past three months.
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OnTheHouse and Openn combine to bring private treaty sales online
CoreLogic’s consumer property research and listing platform, OnTheHouse.com.au, has strengthened its partnership with Openn, to bring private treaty sales online through Openn Offers.
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“Fundamentally broken” rental market crushing low income earners
Low income earners continue to be the hardest hit from the ongoing rental crisis, with renters in Sydney, Hobart and Canberra all but priced out of the market.
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Office market declines approaching GFC level
The decline in office assets is approaching GFC levels, with the outlook for 2024 looking “rough” according to an expert.
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Three million Australian homes tracked on realestate.com.au
Homeowners now track a record three million Australian properties on realestate.com.au, which equates to almost 30 per cent of homes nationally.
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National vacancy rate hits record low… again
The national vacancy rate has hit a new record low of 1.02 per cent, according to PropTrack’s latest Market Insight report.
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One in 10 homes must be affordable to end homelessness
With the housing crisis leaving many Australians without a place to live, there are calls for one in ten homes to be affordable to help end homelessness.
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Demand for share accommodation heats up
Demand for share accommodation is ramping up this year, with the number of people looking for a room already well ahead of the typical summer peak season.
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Propic’s CLAIRE upgrade to revolutionise real estate customer service
Propic has completely rebuilt its innovative Artificial Intelligence technology, equipping its virtual concierge with more than 160 new features, including generative AI, that change the paradigm of service real estate agents can offer their customers.
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The legal must-haves to take you from success to succession
With more and more principals planning early exits, it’s become increasingly important that you plan your succession strategically to protect your legacy and ensure financial security for your next adventure.
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Immigration surge putting short-term pressure on rental markets
The flood of overseas migrants is putting the rental market under extreme pressure in the short term and the Government needs a more consistent long-term target according to an expert.
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Alternative assets grow in popularity despite commercial slowdown
Higher interest rates and geopolitical uncertainty are slowing down commercial property transactions, however, alternative assets are continuing to attract the attention of investors according to an expert.
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Australians believe energy-efficient features make properties more valuable
Seven out of 10 Australians believe energy-efficient features will make their homes more valuable, a new survey has discovered.
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Cup Day rate rise: RBA lifts interest rates to 4.35 per cent
The Reserve Bank of Australia has lifted interest rates for the first time in five months, hiking the cash rate 25 basis points to 4.35 per cent, which is a 12-year high.
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How Ray White agents sold The Block house for a record profit
Sunday night marked a historic day for The Block, with Steph and Gian Ottavio, of House 4, selling their home for an eye-watering $1.65 million over reserve and setting the record for the highest profit ever recorded on the Channel 9 show.
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Auction volumes hit an 18-month high as confidence returns
Spring selling season has seen a surge in the number of vendors taking their properties to auction as confidence comes back to the market.
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Tough conditions for buyers across Queensland, South Australia and Victoria
Property buyers in parts of Queensland, South Australia and Victoria are facing the toughest buying conditions in the country, according to an expert.
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New real estate platform to help vendors sell without agent fees
A new real estate platform is set to shake up the traditional role of a sales agent, offering vendors the ability to sell their property without paying real estate agency fees.
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The interest ‘rates’ that stop the nation
It’s not often something steals the show on Melbourne Cup Day, but all eyes will certainly shift from the racetrack to Reserve Bank of Australia (RBA) at 2.30pm on November 7.
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