National
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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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National vacancy rate hits new low of 1.1 per cent
The national vacancy rate has hit a new low of just 1.1 per cent after recording its largest drop in more than a year in August.
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Housing affordability at the lowest level since 2008
Housing affordability continues to worsen across Australia with new data showing it now takes 45.9 per cent of a household's income to meet average loan requirements.
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Build-to-rent set to take off in Australia
Australia’s build-to-rent sector is set to grow to 55,000 dedicated units by 2030, with growth set to mirror that of the UK from 2015 onwards.
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Still affordable opportunities for investors, as prices rise
Despite property prices rising substantially since 2020, there are still opportunities for investors to find good quality locations that are affordable.
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New listings in Sydney hit the highest level in 14 years
Sydney has experienced the biggest surge in new listings since 2009, with vendors rushing to the market as Spring selling season kicks off.
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Short-stay accommodation increase contributing to the rental crisis
A sharp increase in the number of homes being put up as short-term accommodation is adding to the ongoing rental crisis according to the Real Estate Institute of Australia (REIA).
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Rising interest rates lead to poor mental health and increased stress
The impact of rising interest rates is taking a huge toll on borrowers, with 75 per cent of mortgage holders negatively impacted in their personal lives.
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Rise in new businesses to drive demand for commercial property
The number of new businesses getting started is increasing and it will likely lead to rising demand for commercial property according to an expert.
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Reserve Bank keeps interest rates on hold for third consecutive month
The Reserve Bank of Australia has kept interest rates on hold for a third consecutive month as it seeks to gain more clarity on the nation’s economic outlook.
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“Buyers are back”, as higher prices boost confidence
The likelihood that rate hikes have ended and rising prices, has seen buyers return to the market according to a new report.
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Domain’s updated app to create more engaged buyers
Domain’s recently updated app aims to help boost buyer engagement and make life easier for sales agents.
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Housing affordability hits the worst level in three decades
The great Australian dream of home ownership is becoming a nightmare for many families, with new data showing that median-income earners can afford just 13 per cent of homes across the country.
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Financial strain: 15 per cent of homeowners fear selling amidst rising costs
Distressed property sales could be on the rise according to new research which shows 15 per cent of homeowners are worried they might have to sell their property due to the rising cost of living.
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QLD and WA suburbs continue to outperform
The property market across the country continues to look increasingly positive, with an expert tipping more growth is still ahead for many areas.
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