National
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Interest rates on hold for fourth month in a row
The Reserve Bank of Australia has kept interest rates on hold at 4.1 per cent for the fourth consecutive month, with new Governor Michele Bullock noting the 12 earlier increases are working.
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Adelaide leads the way as Australian home values rise for eighth straight month
Home values have risen 0.8 per cent in September as the nation’s supply and demand imbalance pushes prices skyward.
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New zero per cent deposit home loan option for homebuyers
A new home loan product that allows homebuyers to purchase a property with a zero per cent deposit has launched across Australia, aiming to reduce the barriers to entry for homeownership.
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Interest rates tipped to hold this month but experts warn hikes may not be over
Real estate and economic experts have tipped the RBA to keep the cash rate on hold at Tuesday’s board meeting, according to the latest Finder survey.
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Lower prices for unrenovated homes starting to entice buyers
Rising construction costs, led by shortages of trades, are making buyers wary of unrenovated homes, however, lower prices are starting to make them more appealing according to the latest Herron Todd White (HTW) Month in Review.
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Rents set to keep rising across the country
Rents are expected to keep on rising in Sydney, Melbourne and a number of the smaller capital cities and regional areas according to new research.
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Increasing number of homeowners selling in under three years
Short-term selling is on the rise, with homeowners trading their property after owning them less than three years.
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Brisbane to claim both (property) grand finals
Maybe it’s an omen. If this weekend’s footy grand finals were based on property, and not players, Brisbane would return home with both the AFL and NRL trophies.
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View Media Group launches new real estate portal
Antony Catalano’s View Media Group (VMG) has launched property portal view.com.au, with an innovative listings model where sellers can list their homes for free.
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First in best dressed: How top agents are gaining market share using AI
In the dynamic and fast-paced world of real estate, securing leads and gaining a competitive advantage can make all the difference in a successful career.
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Knockdowns and rebuilds don’t always mean gentrification and rising prices
Suburbs that are seeing a high number of homes being knocked down and rebuilt doesn’t necessarily mean the area is going through gentrification or that prices will rise according to an expert.
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House prices set to surge by June 2025
House prices will rise almost 15 per cent nationally by June 2025, with limited property supply, heavier migration and anticipated interest rate cuts fuelling the growth.
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QLD and NSW aren’t releasing enough land to meet surging population
New South Wales and Queensland are not releasing enough land to keep up with surging population growth, according to a new report.
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‘Hostile’ rental conditions see tenants paying 41 per cent of their income on rent
The ongoing rental crisis is making life hard for renters in WA, SA, and QLD, with some suburbs seeing tenants forced to pay over 40 per cent of their income on rent according to a new report.
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Harcourts helps to beat the blues with bids
Harcourts will take its Blue Friday charity auction day international in 2024, courtesy of the event’s amazing success on Friday, September 21.
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Auction numbers surge, clearance rate remains steady
Australia’s auction market is holding steady, with solid clearance rates last week, as the number of properties going under the hammer surged.
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Short-term loss-making sales have increased
Higher interest rates could be pushing sellers to accept a loss, with new data from CoreLogic showing the proportion of loss-making, short-term sales has increased.
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El Nino’s knock-on effect: How weather could impact Australia’s property market
As Australia prepares for a hot and dry El Nino summer, a respected buyers’ agent has warned there are several ways the weather event could impact the property market.
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Over 96 per cent of homes resell at a profit
With property prices again on the rise, 96.3 per cent of sellers have locked in profits this year, according to new data.
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Aussie suburbs where upsizers will find the best value
Despite high property prices, tight inventory levels and rising interest rates, people looking to upgrade their homes to something bigger are still able to find good opportunities according to new research.
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Digital Affordable Housing Register to help solve the housing crisis
Australia will become home to an Affordable Housing Register that will unlock the private sector to participate in affordable housing in an effort to solve the nation’s housing crisis.
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Kolmeo launches flexible portfolio management options
Property management businesses will now have the ability to run multiple brands across their rent roll courtesy of Kolmeo’s new configurability options.
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Home run for owner-occupiers as investors sit on sidelines
Current buyers looking for new homes are likely to be owner-occupiers, not investors, who want a standalone property rather than an apartment.
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The “big cities are back” as the property price rebound continues
Property prices are likely to continue to grow in the months ahead, after a “massive improvement” in conditions over the winter months according to an expert.
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New listings soar across the country in August
New listings soared more than 20 per cent in August, with Sydney and Melbourne recording their busiest end to winter in more than a decade.
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PGIM to build co-living spaces in Sydney and Brisbane
Investment management company PGIM is planning to create a $750 million portfolio of co-living facilities across Sydney and Brisbane as a part of its residential-for-rent strategy.
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PropertyMate’s platform transforms home searches, wins industry support
A property search platform that enables consumers to search for their perfect home by lifestyle options is also swiftly gaining support from real estate agencies and agents.
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Population growth to fuel Western Australia and Queensland hotspot growth
Australia’s population has grown to 26.5 million, with Western Australia the fastest growing state, according to new research from the Australian Bureau of Statistics.
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Higher rates weigh on household spending
The Reserve Bank of Australia (RBA) might be getting close to the end of its hiking cycle, but there are signs that the economy has already slowed down.
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Property Council scholarship to promote women in property
A new scholarship aimed at promoting women in property has been announced by the Property Council of Australia and Chief Executive Women.
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Vacancy rates on the rise across the country
There are early signs of relief for struggling renters, with a new report showing vacancy rates have started to increase in most capital cities over the past three months.
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Investors selling up as government threats push them out
New legislation, increased taxation, and potential rental reforms, including rent freezes, have led to 12 per cent of Australian investors selling their properties, according to a new survey.
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Investing in tourism assets is back as confidence returns
After some lean years during Covid, investment in hotel assets is once again surging, highlighting the improved confidence across the tourism industry.
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ATO to crack down on landlords this tax time
The Australian Tax Office (ATO) has warned it will crack down on landlords over claiming expenses and claiming for improvements to private properties.
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$10 billion housing fund passes after Greens secure an extra $1 billion
After months of protracted negotiations the Housing Australia Future Fund Bill will finally pass the Senate this week, after the Federal Government today agreed to spend a further $1 billion on public and community housing.
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