National
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The landscaping trends set to be a hit in 2023
Earthy colours along with timber and stone-based structures are set to be the major trends in landscaping this year, predicts Landart founder Matt Leacy.
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O*NO Legal welcomes new senior lawyer
Former real estate agent and senior lawyer, Jonathan Green, has joined O*NO Legal - The Real Estate Agents Lawyer, bringing his passion for both the real estate and legal industries, to a team of like-minded professionals.
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House price declines starting to slow
Capital city house prices are now down 6.1 per cent from their peak in March 2022.
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ANZ buys stake in Catalano’s View Media Group
ANZ has spent about $50 million to acquire a stake in View Media Group, majority owner of listings portal realestateview.com.au, in a move intended to see the major bank grow its mortgage book.
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Prices forecast to decline as much as 10pc in 2023: PropTrack
A new report from PropTrack shows that property prices are on track to decline by between seven and 10 per cent in 2023, with faster-than-anticipated interest rate rises to blame.
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Most economists are tipping a rate rise in February, but how much further will the RBA go?
Most economists are tipping a 25 basis point increase to the official cash rate after the Reserve Bank of Australia meets for the first time in 2023.
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Latest lending figures could be bad news for the rental market
A property expert says a decline in new investor lending could be a sign that the rental crisis is set to get worse following the release of the latest ABS lending data.
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First National to use REA Group’s Connect platform for digital prospecting
Agents across First National Real Estate’s 200-plus offices will be able to access REA Group’s Connect platform after the two companies announced a partnership agreement.
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Renters feel the pinch as vacancy rates drop back to record lows
There’s still no relief in sight for renters with vacancy rates returning to record low levels across the country.
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Office vacancy figures show mixed outlook for cities
Businesses and workers continue to slowly trickle back into city CBDs, with new data showing demand for office space increased an average 0.1 per cent in the past six months.
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Explore Property takes a new direction in Townsville
Explore Property leader Andrew Acton has announced changes to the group’sTownsville franchise with a new leadership team driving the brand forward.
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RBA expecting up to 800k fixed-rate loans to end in 2023
A senate committee looking into cost of living of living pressures has shed light on the size of the anticipated 'mortgage cliff' set to test the property market in 2023.
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Young buyers consider teaming up for first purchase
New research from NAB has found that 40 per cent of young Australians would consider buying property with someone other than a romantic partner as a way to get their foot on the property ladder.
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Why caravan parks could be a hot investment
The humble caravan park could be a solid investment prospect, according to a leading commercial real estate expert.
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Pace of property value declines eased in January, new data shows
The rapid pace of property price declines appears to have slowed, with most capital cities recording only a moderate decline in values during January, new data from PropTrack shows.
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Return of overseas students could place further pressure on rents
An anticipated increase in the number of overseas students coming to Australia following the Chinese Government's edict that students must return to face-to-face study could lead to rent rises of five per cent or more, one expert predicts.
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Auction action: What happened over the weekend and what’s in store for 2023
Auctions are back after the summer holiday break, although activity remains subdued in Australia's major cities.
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If Australia follows the US into a tech downturn, these areas will be the most impacted
We may be in a cost of living crisis but we are certainly not in an employment crisis.
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December quarter inflation figures higher than expected
The Consumer Price Index rose 7.8 per cent in the 12 months to December, higher than the predicted 7.5 per cent, raising the likelihood that the Reserve Bank of Australia will hike the cash rate in February.
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Property price declines losing pace, Domain says
Property prices declined at a slower rate during the December quarter according to Domain, in a sign that the current downturn may be losing momentum.
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Time to stop sketchy private housing operators
An Adelaide property management expert has called for the State Government to stamp out dodgy private housing operators as part of its review of the Residential Tenancies Act.
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Tennis courts a hit with buyers as Australian Open reaches full swing
Buyers are increasingly searching for properties with a tennis court, according to new data from Domain, though suitably-equipped properties are in short supply.
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Louise Schofield joins PMVA to elevate property management success
Industry authority Louise Schofield has joined real estate outsourcing company PMVA, aiming to create better workplace culture, more streamlined workflows and a better customer experience for property management businesses.
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REIA announces finalists for National Awards for Excellence 2023
The Real Estate Institute of Australia has published its 2023 finalist list the REIA National Awards for Excellence (NAFE), which will be held in Perth on March 9.
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Residential land prices stabilise after 26 per cent surge
The cost of new residential land has stabilised following a strong two years of growth, with rising interest rates the key reason, according to the Housing Industry Association.
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One in two property markets declined in 2022: CoreLogic
Record high inflation, rising interest rates and weak consumer sentiment are leading to falling home prices, with new data showing that one in two markets declined in value in 2022
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Rental listings the lowest they’ve been since 2003, PropTrack finds
The number of rental listings advertised in Australia's capital cities has reached its lowest point in nearly 20 years, according to PropTrack.
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Code Property Group: the tech PMs are using to beat burnout
Property managers are experiencing added pressure as they start a new year in one of the tightest rental markets Australia has ever seen.Â
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Mortgage refinancing activity up as survey shows borrowers are fudging the numbers
Owner-occupiers are refinancing in record numbers according to new statistics from the Australian Bureau of Statistics, as separate figures from Finder show that more than 10 per cent of borrowers lied about details on their loan application.
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Nerida Conisbee: Australian economy slows but interest rates will keep rising for now
The latest inflation figures showed that it increased at a faster rate in November than it did in October, dashing hopes of a stop to interest rates rises at the start of this year.
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Construction costs show signs of easing after record increase
Residential construction costs rose by a record amount last year, new data shows, but signs of a slow down emerged in the latter months of 2022.
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@realty creates a free AI tool for all agents to use
The real estate sector has experienced a major shift in the way agents and agencies conduct their business.
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Rental home cull as rents rise at their steepest annual rate on record
Australia’s rental crisis isn’t looking like it will ease anytime soon with more than 6000 affordable rentals to be scrapped under a national scheme this year, while the latest Domain Rent Report shows Australia recorded its steepest annual rental increase on record in 2022.
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Australia’s top 100 streets for property values revealed
A new report from Suburbtrends has uncovered the top 100 streets in Australia for high-value properties.
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Inflation figures bounce back in November
New inflation data from the Australian Bureau of Statistics shows the consumer price index rose 7.3 per cent in the twelve months to November, up from October's 6.9 per cent.
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