National
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Will there be rental homes for new year movers?
There's no relief yet for tenants who are struggling to find a property to rent, with the rental vacancy rate remaining at a record low 0.8 per cent.
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Tiny, but mighty, house on 30sq m wins national architecture award
A unique house with a tiny 30sq m footprint (about the size of a hotel room) has won the 2023 Robin Boyd Award from the Australian Institute of Architects.
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Unlocking agent potential: Laing+Simmons’ innovative mentoring approach
A new Laing+ Simmons mentoring program that matches agents according to their values and personalities has already proved successful, with one of the first participants confidently establishing herself in a new, more senior position.
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NSW overtakes QLD as most popular location for people leaving the cities
Regional New South Wales has overtaken regional Queensland as the most popular destination for people looking to move out of the city.
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REIA’s plan to reduce the environmental impact of commercial property
The Real Estate Institute of Australia (REIA) has released a new report that outlines long-term measures commercial property owners, builders and developers can implement to make their properties more environmentally friendly and hit government targets.
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Investor numbers fall 27 per cent even as prices rebound
Despite the strong rebound in property prices, investors continue to exit the market spooked by higher rates according to the industry.
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From ordinary to extraordinary: The Block leaves lasting impression on property market
The 19th season of hit renovation show, The Block, may be nearing its finale, but it will leave a much longer lasting legacy on the Australian property market, according to Domain Editor Alice Stolz.
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RWC Medical uniquely links healthcare real estate and recruitment
Franz Stapelberg is looking to revolutionise the healthcare real estate sector, setting up an end-to-end service with the creation of RWC Medical.
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Australian property prices hit a new record
The downturn is officially over, with property prices hitting a new peak after rising 0.36 per cent in October.
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REA Group secures multi-grand slam champion for its 2024 headline property industry event
REA Group has secured former world number one and eight time Grand Slam champion, Andre Agassi, as the keynote speaker for Ready24.
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ASQA to audit real estate training for standards compliance
The Australian Skills Quality Authority (ASQA) will monitor the performance and conduct audits of registered training organisations (RTOs) across the country, following reports standards in three real estate qualifications are not being met.
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The home ownership dream feels out of reach for Millennials and Gen-Z
With property prices sitting at record highs a growing number of younger Australians feel that home ownership is increasingly out of reach.
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Demand for regional property ‘here to stay’
The pandemic-infused flight to the regions is here to stay with a number of more affordable areas likely to see continued growth according to a new report.
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Rental market is ‘extremely challenged’ as listings drop and rents soar
A chronically challenged rental market, fuelled by record low supply and soaring weekly rents, is creating a self-perpetuating housing crisis where would-be first-home buyers are finding it increasingly difficult to stop renting and buy a home.
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Aussies could be making an extra $667 per month renting their spare room
Homeowners could be raking in an additional $667 every month if they rent out their spare room according to a new survey.
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REIA proposes plan to tackle housing crisis
The Real Estate Institute of Australia (REIA) has released bold suggestions to tackle the ongoing housing crisis and help more people get into the market.
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Investors flee Victoria causing more pain for tenants
Already in the grips of a rental crisis, investors are selling off their Victorian investment properties en masse, discouraged by the raft of taxes and regulatory burdens that are being thrust upon them.
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Surging immigration sees overseas buyers targeting Australian property
Overseas buyers are increasingly targeting Australian property, with new data showing online searches have surged back above 2019 levels.
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Inflation jumps as banks predict a November rate hike
Borrowers could be in for a Melbourne Cup day rate hike according to the major banks as the latest inflation data suggests the Reserve Bank of Australia (RBA) might have more work to do.
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Buyers seek transparency: 72 per cent skip properties without prices listed
Property listings without prices are buyers' biggest pain point when searching for a new home on realestate.com.au, according to new research from REA Group.
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First National equips property managers to handle domestic violence skilfully
In Australia, a domestic violence incident occurs every two minutes and with 88 per cent of incidents occurring in the family home, property managers are at the forefront of dealing with these troubling situations.
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Property market to recoup 2022 downturn by the end of the year
Australia’s property market has almost entirely recovered from the 2022 downturn and will do so by the end of the year, according to Domain.
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REIA looks to tackle real estate ethics score head-on
The Real Estate Institute of Australia (REIA) has taken a proactive approach to the industry recently being perceived as the least ethical occupation, teaming up with the Governance Institute of Australia (GIA) to brainstorm ways to change the public’s views.
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First-home buyers opting for “memories not mortgages”
First home buyers are increasingly First-home buyers are increasingly opting for “memories not mortgages” as the high cost of getting into the market makes owning a home less appealing to younger generations in the post-Covid world.
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Bring the Mediterranean home in landscape design
The allure of the Mediterranean is leaving its imprint on Australian home and garden designs, with influences expected to reign well into 2024, according to landscape design expert Matt Leacy.
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Fleeing the CBD: Australia’s rising rents force tenants to the fringes
Australia’s combined capital city rents have soared a further 10 per cent in the year to September, with tenants forced to look further away from the CBDs to find cost-effective properties.
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Perth and Adelaide tenants battle skyrocketing enquiry rates amid rental crisis
Tenants in Perth and Adelaide are facing increasingly tough rental conditions, with super low vacancy rates sending enquiry levels on properties in many suburbs soaring.
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Can housing keep up with Australia’s forecast population boom?
Australia’s population is set to grow by $7.4 million by 2041, requiring an extra two million homes across four major cities to cater for more than 65 per cent of the forecast population spike.
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Rental costs rise sharply as vacancy rates hit record lows across Australia
The top 25 regions in the nation in Suburbtrends’ Rental Pain Index all scored either 100 or 99, underlying the currency of the rental crisis.
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One in 10 young adults forced to move back in with their parents
Increasing numbers of younger Australians are being forced to move back in with their parents as the cost of living bites.
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Landlord scores partial win in tussle over burst pipe claim
An Australian landlord is set to recover some of their $15,400 renovation costs following a ruling by the Australian Financial Complaints Authority (AFCA).
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November sellers can achieve a premium price
Homeowners who want to sell should consider selling in November, with new data showing that sellers achieve a 0.8 per cent premium compared to the rest of the year
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Transparency and efficiency: Why you need to get an inspection report upfront
Transparency is the key to establishing trust in any industry, but it holds particular significance in Australian real estate today.
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Borrowers are slashing non-essential spending as rates bite
Rising interest rates are forcing borrowers to cut back, with new research showing that Australians are trimming their non-essential purchases to deal with mortgage stress.
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Industrial assets to remain an investor favourite for now
Industrial property has been hot over the past few years, however, as alternative assets continue to gain attention and office and retail bounce back, demand will likely slow down according to an expert.
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