National
-
PropTrack, CoreLogic report slowdown in rental price growth
Rental prices finished 2022 at a significantly higher level than they were the year prior, but price growth began to moderate during the December quarter, according to a new report from PropTrack.
Read More » -
Why electric vehicles don’t pose a threat to service stations just yet
Service stations were one of the standout assets during 2022, with the threat posed by the increased uptake of electric vehicles unlikely to be a drag on their values for some time, according to one expert.
Read More » -
The best locations for cash flow in 2023 revealed
Property investors chasing lower holding costs should set their sights on larger regional cities, according to a new report from Propertyology.
Read More » -
Building approvals fall again as RBA’s rate rises hit home
An economist is urging the Reserve Bank of Australia to "hold fire" on future rate rises after new building approvals declined again during the month of November.
Read More » -
New property listings plunge in December as homes stay on the market longer
The number of new listings hitting the market in December fell by 31.1 per cent when compared with Novembers figures, according to the latest update from SQM Research.
Read More » -
Foreign buyers look to Australia after Canada ban
Canada’s decision to shut the door on foreign buyers could prove a bonus for the Australian property market, according to experts.
Read More » -
Australian property values record largest decline on record
Australian property values have clocked the largest decline on record, dipping by 8.4 per cent between their peak on May 7 2022 and January 7 2023, according to CoreLogic.
Read More » -
Homebuyers ditch location for lifestyle
Once real estate was all about location, location, location, but now lifestyle, lifestyle, lifestyle is at the forefront of buyers' decision making, according to a leading property expert.
Read More » -
New population report reveals what Australia’s cities will look like in 2033
Melbourne remains on track to overtake Sydney as the country's largest city within the next decade, according to new modelling.
Read More » -
2022 the worst year for property price drops since the GFC
December home price figures paint a mixed picture for a property market that came under intense pressure from rising interest rates during 2022, with some smaller capital cities still recording positive price growth despite a decline in national values not witnessed since the Global Financial Crisis.
Read More » -
Simon Pressley’s 2023 property market predictions
House prices will rise between two and seven per cent in the majority of capital city and regional locations in 2023, a leading property analyst has predicted.
Read More » -
The top 50 residential real estate influencers and innovators for 2022
There is rarely a dull day in real estate. From mergers and acquisitions, pivoting in a changing market and continued acceleration of PropTech, 2022 has been a year for the record books.
Read More » -
O*NO Legal’s new webinar tackles start-ups and early growth
With more and more real estate agents opting to start their own agency it’s increasingly important to understand the options available, and how to stay on track.
Read More » -
Home buyers search for ways to save as rates rise
Home buyers searching for information on interest rate rises exploded in 2022, with new research suggesting thousands of Australians are looking to cope with higher borrowing costs.
Read More » -
Regional home prices hold up better than the capital cities
After booming throughout the pandemic, regional property prices have continued to outperform the capital cities in 2022, driven by ongoing demand and tight supply, according to a new report.
Read More » -
Most searched for suburbs, property features in 2022 revealed
The skyrocketing cost of borrowing is shaping up to be one of the biggest influences on the property market, but rising rates haven't stopped buyer demand in certain suburbs, according to a new report.
Read More » -
New online marketplace looks to match agencies, principals with PropTech startups
A new platform designed to link PropTech startups with agencies and principals seeking to diversify their business or fill a technology gap has launched and is calling for new participants in 2023.
Read More » -
Victorian suburbs top the list for best buying opportunities in 2023
Victoria has topped the list for the most suburbs that offer great buying opportunities in 2023 according to a new report.
Read More » -
Uptick in property listings during November, PropTrack says
New property listings rose during November, according to a new report, with regional areas witnessing the largest increase.
Read More » -
BresicWhitney bolsters Property Management leadership team
Peter Marsi and Benjamin Small have taken on new leadership roles, reflecting BresicWhitney’s continued commitment to its people, and the evolution of property management as a sector rich with rewarding career opportunities. Peter Marsi has been promoted to Performance Manager – Leasing and Business Development, in a newly created role – and one that’s unique to BresicWhitney and the industry.…
Read More » -
Office assets the most transacted in 2022
Office market transactions have bounced back in 2022, as the sector tries to recover from the ongoing impact of government-imposed lockdowns.
Read More » -
Expensive property markets leading the downturn but end could be in sight
The country’s most expensive property markets have been bearing the brunt of higher interest rates, however, 2023 could mark a slowing in the rate of declines according to a new report. CoreLogic’s annual Best of the Best Report for 2022, found that Sydney has been hit hardest by rising borrowing costs along with other higher-priced housing markets. CoreLogic Head of…
Read More » -
A perfect storm: Australia’s rental crisis – part three
In part three of A perfect storm: Australia’s rental crisis we examine two more potential solutions to the issue, including how lowering the lending buffer may encourage investors to re-enter the market and how accepting offers of higher rent could fuel the rental affordability side of the crisis. You can catch up on the other parts of the story here.
Read More » -
Area Specialist has revealed its brand-new website
Months in the making, the new site has been designed to ensure Area Specialist agents leave the best possible digital footprint.
Read More » -
Why aren’t house prices falling more quickly?
We have come off the sharpest rise in house prices ever recorded to now being greeted with the sharpest increase in interest rates since the 1980s. Despite this, house prices are not falling by as much or as quickly as you would expect. At this point, it is looking like we may not even get to a 10 per cent…
Read More » -
A perfect storm: Australia’s rental crisis – part two
In part two of A perfect storm: Australia’s rental crisis we examine two potential solutions to the issue, including how a change in mindset could help bring landlords and tenants on the same page and how axing stamp duty could ease the pressure. You can catch up on the other parts of the story here. Solution: Changing the ‘us versus…
Read More » -
Rising costs forcing renters back into share accommodation
Rising living costs are forcing more people back into share accommodation, as renters continue to get squeezed.
Read More » -
Realestate.com.au launches new rent campaign
Australia’s number one site for renters, realestate.com.au, has launched its latest rental campaign in time for the peak summer period.
Read More » -
A perfect storm: Australia’s rental crisis – part one
Australia is in the grip of a housing crisis. More specifically, a rental crisis. Vacancy rates are at record lows, weekly rents are skyrocketing and there’s simply not enough houses to go around.
Read More » -
Sherrie Storor: How to become a Million Dollar Agent
Are you ready to unlock your true potential, become a modern day agent, list more properties and make more money, all while escaping the hustle and grind and reclaiming your time?
Read More » -
Property market was a rollercoaster in 2022
From a once-in-a-generation property boom to a clear downturn, Australia’s property market has been a rollercoaster in 2022.
Read More » -
Commercial property in regional Australia to outperform
Commercial property in regional Australia is set to benefit from the changing demographics experienced during Covid with Queensland likely to be the big winner according to a new report.
Read More » -
Explore Property opens another office to finish the year
With Whitsundays, Mandurah, Augusta and now Atherton Tablelands on board Explore Property continue its emergence through 2022.
Read More » -
Refinancing burst takes off as rates rise
More Australians are refinancing their home loans at greater rates and for larger amounts on the back of rising interest rates, new data shows.
Read More » -
Big Four banks quick to pass on interest rate rise
Well, that didn’t take long. Just a few hours after the Reserve Bank lifted the cash rate 25 basis points to 3.10 per cent at its final meeting for 2022, all four big banks announced they would pass the hike on in full.
Read More »