National
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Build-to-rent could boost housing supply by 150,000
Cutting government taxes on build-to-rent developments could lead to an increase of 150,000 new rental properties over the next 10 years, according to a new study.
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Couples moving in together sooner to save on rising housing costs
New couples are moving in together faster and leaving the romance at the door, in a bid to try and save on the escalating cost of housing.
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NSW and Victoria still the focus for commercial investors
Commercial investors remain focused on both NSW and Victoria in 2023, however, Western Australia is proving a popular option for speculators according to an expert.
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Rents surge in longest ever stretch of price growth
Tenants continue to face extreme financial pressure, with rents rising at the fastest rate since before the pandemic.
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Refinancing hits a record high as borrowers try to combat rising rates
Rising interest rates are pushing increasing numbers of borrowers to refinance in search of lower interest rates, while new loans have continued to decline according to new data.
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Rental market reaccelerates from supply shortage
A chronic shortage of rental properties across Australia has reignited growth in weekly rents and further tightened already low vacancy rates.
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Smaller capital cities are the standout performers in a ‘segmented’ market
The smaller capital city property markets of Adelaide, Perth and Darwin have been the standout performers from across the country, while Melbourne continues to struggle, according to a new report.
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Flight to quality for East Coast CBD office space
Businesses are demanding A-grade CBD office space in Melbourne and Sydney as employers try to entice workers back to the physical office.
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NurtureCloud reshaping the real estate industry
Ray White embarked on its journey with the PropTech platform NurtureCloud in 2021 to reshape the way real estate is conducted in Australasia.
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Home Value Index rises for the first time in almost a year
CoreLogic's national Home Value Index (HVI) increased 0.6 per cent in March, marking the first month-on-month rise since April 2022.
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Housing shortfall tipped to worsen rental crisis
Australia’s housing crisis is set to worsen, with the nation expected to experience a shortfall of 106,000 homes over the next five years.
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Experts weigh in on interest rate debate
More than one-third of experts in Finder’s RBA Cash Rate Survey believe the central bank will put the cash rate on hold at its meeting today.
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Low stock levels fuelling national property price rises
Positive demand drivers, including low stock levels, are keeping a floor under property prices with national values rising for the third consecutive month in March.
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Look to the regions for affordable property
Home loan affordability may be declining but the great Australian dream of owning your own home is still alive, if buyers are prepared to look outside capital city and metropolitan areas.
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One in four borrowers are paying over 6.5 per cent on their mortgage
Rising interest rates have caught borrowers off guard, with one-in-four now paying over 6.5 per cent interest on their mortgage.
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Highlights from The Tesolin Conference
The power of family, hard work and creating competition was on display at the inaugural The Tesolin Conference today.
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Will drop in inflation bring a rates pause?
Inflation has fallen for the second month in a bring, bringing with it renewed hope the Reserve Bank will pause interest rates next week.
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Ruff times for pet owners: Oaklands Park earns top ‘sad puppy’ score
The southern Adelaide suburb of Oaklands Park has been ranked the hardest in Australia for tenants with pets to secure a rental, according to new research.
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AuctionWORKS brings the hammer down on 60,000 auctions
Leading auctioneers, AuctionWORKS has officially brought the hammer down on more than 60,000 auctions and in excess of $40 billion in unconditional sales after 26 years in business.
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HomeBuilder deadline extended for property owners
Property owners at risk of losing the $25,000 HomeBuilder grant due to ongoing building delays have been given a reprieve from the government, with the scheme extended to June 2025.
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Loss-making resales jump across Sydney and Melbourne
The share of loss-making home sales across the country has jumped, led by both Sydney and Melbourne, which saw homeowners selling at a loss at the highest rate in four years.
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The great debate: short-term holiday rentals in Australia’s housing crisis
Are short-term holiday rentals the solution to or the problem in Australia’s housing crisis?
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Buying a rent roll can supercharge your business – but only if it’s done right
While purchasing a rent roll can be an effective strategy for increasing cash flow and encouraging business growth, doing so comes with risks if you don’t do it properly, warns O*NO Legal founder Kristen Porter.
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New listings suffer as sellers err on the side of caution
The seasonal uptick in property listings that usually occurs in the first half of March has been noticeably absent this year, with sellers having “erred on the side of caution” amidst declining property prices.
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Australia’s rental system is ‘broken’ study reveals
Australia’s residential rental system is “broken” and fails to provide affordable, secure housing for tenants or a solid investment option for landlords.
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Herron Todd White: too soon to call a bottom in the property market
High interest rates and the prospect of more pain ahead for borrowers as fixed-rate loans roll off, suggests it might be “too soon” to call the bottom of residential property prices, according to the latest Herron Todd White (HTW) Month in Review.
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Little Real Estate partners with Rental Heroes to deploy AI technology
Australia’s largest independently owned real estate agency Little Real Estate has joined forces with Rental Heroes to implement AI technology called “Alex” across their network of 12 offices.
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Sydney renters paying $633 a week more than a year ago
Rents in Australia's unit market have surged, with the national trend recording its highest annual growth on record at 13.7 per cent.
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Time to save a deposit drops for first-home buyers
The time taken to save a deposit to purchase an entry-level first home has dropped by as much as 13 months according to new figures from Domain.
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Listing Loop now offers conveyancing to further deliver qualified buyers to agents
Top Australian off-market and pre-market property portal ListingLoop.com.au has partnered with leading licensed law firm Bond Conveyancing to offer conveyancing as part of the company’s goal of delivering 'Buyer Ready' high-intent and qualified property buyers to its real estate agent members.
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High interest rates weigh on new homes sales
The record rise in interest rates is continuing to weigh on new home sales, while a better than expected jobs report could mean rate cuts might not be on the way.
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Australian RE/MAX agents top commission earned globally
Australia had the highest level of average commission per agent in 2022 throughout the 140,000-plus agents in the global RE/MAX network, and the second highest number of sales transactions globally in 2022.
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AREAs finalists credit leadership and innovation for success
Putting property managers first, pushing the boundaries of innovation and the banding together of a leadership team are among the features finalists in the AREAs have credited for their success. South Australia’s Ouwens Casserly Real Estate, along with TOOP+TOOP Real Estate and Victoria’s LongView have all been named finalists in the Annual REA Excellence Awards Residential Agency of the Year.…
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Auctions rebound in second busiest week of year
As predicted, auctions rebounded last week, with 2234 properties going under the hammer - the second largest number this year.
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Coronis Group appoints new CEO with a vision for growth
Karuna Mazzocchi has been appointed as the new chief executive officer for Coronis Group, bringing with her a keen desire to pivot and grow the business and its people.
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