National
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Foreign investors offload Australian commercial property
Foreign investors have reduced their exposure to Australian commercial property, as higher interest rates and soft returns for office and retail weigh on sentiment.
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Australian households still managing to service their mortgage
Australian mortgage holders remain susceptible to financial stability risks, as higher inflation and rising interest rates continue to put pressure on household budgets.
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Vacancy rates plummet to another record low
National vacancy rates have tumbled to yet another record low, with three capital cities recording a vacancy rate under one per cent.
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Demand for the Home Guarantee Scheme surges
The number of Australian first-home buyers taking up the Home Guarantee Scheme has surged, as younger Australians battle to get into the housing market.
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Investors flee the eastern states for Western Australia
After nearly a decade in the doldrums, property investors are flooding back into Western Australia at the expense of the East Coast.
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69 per cent of homeowners won’t cope if interest rates rise again
More than two-thirds of borrowers won’t be able to pay the mortgage if interest rates rise again according to a new survey.
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Auction volumes hit the highest level in more than 12 months
Spring selling season is well and truly back in force with new data showing that auction volumes have spiked to the highest level since May 2022.
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Nationwide housing drought: Australia’s vacancy rates plunge to record low
Australia needs up to 70,000 additional rental properties to create a balanced market, which is a need unlikely to be met anytime soon.
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Owner-occupiers lead the uptick in new lending
New lending is back on the rise after increasing 2.2 per cent in August, however, the overall level of lending remains down on last year.
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BresicWhitney helps Vinnies turn art into aid
Boutique Sydney real estate group, BresicWhitney has joined forces with the St Vincent de Paul Society to help the most vulnerable people in the community.
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Foreign investors selling back Australian agricultural land
The price of Australian farmland has surged in the past three years, with strong interest from overseas, but investors are now selling the land back to locals.
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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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