National
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Rising home prices might see listings increase
If the current growth in home prices continues, listings could increase by two per cent this year, according to an expert.
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Top takeaways from AREC 2023 – Day 1
More than 4000 real estate professionals packed the Gold Coast Convention and Exhibition Centre yesterday for Day 1 of AREC 2023. This year’s headline speaker was Oscar-winner and Hello Sunshine Founder, Reese Witherspoon who revealed the power of storytelling and connecting with people is the most powerful marketing tool of all, whether your in movies or real estate. Here are…
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Elite Agent timeline: What’s happening in the Metaverse?
Once a red-hot trend capturing the imagination of investors and tech enthusiasts alike, the metaverse is now experiencing a downturn in interest and demand.
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DUO: the AI tool doing your prospecting for you
Revolutionising Real Estate: DUO Technology Powered by Propic AI Delivers Hot Leads and Transforms Sales for Agents!
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Industrial property holds up as commercial growth declines
Higher interest rates have seen the growth in commercial assets dry up, however, industrial property continues to hold up according to an expert.
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Brisbane homeowners spend the most to renovate their homes
Brisbane has emerged as the leading location in the country for home renovations, with new research finding homeowners in the Queensland capital spent $880 million on home improvements in 2022.
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First home buyers look to beat land tax deadline
First home buyers trying to avoid the new NSW Government’s reintroduction of stamp duty could risk paying too much for a home, according to a leading auctioneer.
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The top 10 holiday homes across Australia
Stayz has announced its 2023 Holiday Homes of the Year with the top three luxury properties located on the Sunshine Coast in Queensland, Berry in New South Wales and Wilyabrup in Western Australia.
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Surging immigration sees share of cheap rentals plummet
Conditions for renters continue to go from bad to worse, with new data showing that surging immigration has pushed the share of rentals listed for under $400 per week to fall to a record low 16.2 per cent.
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Cliff-hugging Tasmanian property named home of the year
A stunning Tasmanian home that has been labelled “a once-in-a-lifetime build”, has been named the Housing Industry Association (HIA) CSR 2023 Australian Home of the Year.
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90 per cent of NSW teachers can’t afford to live where they teach
The surging cost of housing over the past decade has led to teachers being unable to afford a home in the same location that they teach in according to new research.
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Call to cut refinancer stress test to let borrowers out of mortgage prison
Australia’s leading financial comparison site, RateCity, has called on the Australian Prudential Regulation Authority (APRA) to lower its stress test for refinancers.
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New study finds low interest rates lock first home buyers out of property market
Long periods of low interest rates are responsible for locking many first home buyers out of the property market, new research shows.
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Listings up 5.6 per cent compared to last year
Property listings experienced their traditional lull during April, however, in positive news for homebuyers, they are now higher than the same time last year.
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PropTech funding climate shifts as market conditions improve
The funding market for PropTech companies is experiencing a positive shift, making it easier for businesses to access capital, according to an expert.
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New social media platform Boa connects business owners
A new social media platform that will help business owners connect, network, grow their businesses and seek advice from their peers has launched.
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Is the new home sales market turning around?
New home sales have risen 6.8 per cent, with industry experts hinting the market could be starting to rebound
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ATO has rental property deductions in its sights
The Australian Tax Office (ATO) has announced it will be targeting rental property deductions and capital gains tax this tax season.
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Australian renters battle crisis-level market, compromise on property features
Australian renters have at least six rental applications in at any one time and are forced to compromise on property features in order to secure a new place to live, new analysis shows.
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Australia’s housing crisis: unmasking the real culprits and solutions
The housing crisis is the hot topic on everyone's lips, and with last week's Federal Budget, and the release of the third and final whitepaper from LongView and PEXA examining the conundrum released this week, it's not going anywhere fast.
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Private capital key to solving Australia’s housing crisis
Shared equity schemes and rental investment trusts funded with private capital offer the best chance to rectify the national housing crisis, according to new analysis released today.
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New rental listings nosedive in April
Vacancy rates may have eased slightly in April but the latest PropTrack data shows the number of new rental listings on realestate.com.au plummeted last month.
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Aussie renters feel ‘left out’ of the Federal Budget despite new housing initiatives
More than half of Australian renters say they’ve been ignored in last week’s Federal Budget, with a further 25 per cent saying the government measures aimed at fixing the housing crisis don’t go far enough.
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Rental vacancy rates show slight improvement nationally
Rental vacancy rates eases slightly across the nation in April, with Darwin the only capital city to see a drop in vacancy rates.
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REA Group revenue hit by interest rate turbulence; Indian market shines
Interest rate uncertainty and subdued listing numbers have contributed to REA Group posting a decline in third-quarter revenue and earnings.
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Queensland has the nation’s most affordable suburb
Bardon, the leafy, green suburb in western Brisbane has topped a list of the nation’s most affordable suburbs.
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Small investors remain active in the commercial market
Higher interest rates have contributed to slowing commercial property sales, however, assets under $5 million are still popular with investors according to an expert.
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Federal Budget doesn’t do enough to address long-term housing shortage
Real estate and housing industry experts have said the Federal Budget looks good on the surface but lacks the depth to address the nation’s long-term housing shortage.
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Building approval drop adds more fuel to the housing crisis
The housing crisis across the country could get worse after building approvals dropped to their lowest level in a decade, according to experts.
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Protect your business and clients’ privacy: O*NO Legal’s Privacy Prepared Health Check
There’s no better time than now to make sure you’ve got your legals covered when it comes to your clients’ privacy.
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Rent assistance forms part of first surplus Federal Budget in more than a decade
Cost of living relief has formed the centrepiece of Jim Chalmers’ second Budget in under a year, with the treasurer delivering a surplus for the first time in 15 years.
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Alison Hancock joins Domain
Domain has appointed human resources executive Alison Hancock as its new Chief People Officer.
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Are renters being forgotten with the focus on mortgage holders?
Despite the ongoing attention on mortgage holders getting hit with higher interest rates, renters are actually the ones that are far worse off according to new research.
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Foreign buyers return to the Australian housing market
Foreign buyers are returning to the Australian market following a drop in numbers in 2022, according to a new property report.
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The big four banks pass on the latest rate hike
There’s no relief in sight for borrowers, with all big four banks announcing they will pass on the latest 25 basis point rate hike.
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