National
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New PMVA menu serves up office efficiency
Do you need help advertising a property? What about organising inspections or onboarding a new tenant?
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Big banks tip cash rate to hit 3 per cent
On the back of the latest Reserve Bank of Australia (RBA) cash rate hike, Australia’s major banks are now expecting more pain ahead for borrowers, with another hike of between 0.25 and 0.5 per cent predicted next month.
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Rising rates to continue to weigh on property markets: RBA
Rising borrowing costs will likely see property prices fall, however, the magnitude and timing is unclear according to the RBA.
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Agent hits ground running with morning workout
Real estate sales professional Angela Stergou prepares for the day ahead with a 30-minute workout every morning.
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Clearance rate rises as auctions enjoy their busiest week since June
Spring selling season is under way in earnest with this week proving the busiest auction week since June while the preliminary clearance rate climbed to its highest point since May.
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Building high-quality housing doesn’t make older properties more affordable
Filtering, the process of building new high-quality homes for higher income earners, doesn’t necessarily make older homes more affordable according to new research.
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The pitfalls of buying and selling a rent roll
Buying a rent roll can be risky, but only if you don’t have all the necessary information before making your decision, according to O*NO Legal founder Kristen Porter.
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Nathan Gallagher takes the helm as REA Group’s national sales director
REA Group continues its focus on customers with new roles announced for Ben Auchettl and Nathan Gallagher.
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Busiest winter for new listings in five years
Listings are beginning to pick up across the country, ahead of the typically busy spring season.
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AI tech that assists agents in qualifying buyers
Buyer management is in the spotlight as the needle shifts on buyers this Spring selling season. The common way of qualifying buyers, via phone call, is working, but is it scalable?
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“Tax grab” could see investors leave the Queensland market
The Queensland government’s “tax grab” could see residential property investors exit the market and put pressure on small businesses according to an expert.
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REIA: housing affordability drops further
Housing affordability has continued to drop with the proportion of income needed to meet mortgage and rent payments rising in the June quarter.
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Big banks increase mortgage rates again
All four major banks have passed on the full 50 basis point interest rate increase, while once again savers have missed out.
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Domain supports ‘Move to More’ campaign with Regional Australia Institute
Domain will partner with the Regional Australia Institute (RAI) in its ‘Move to More’ campaign, which aims to showcase all vibrant regional communities can offer those seeking a tree change. The national property platform will use its data-based regional property insights to highlight the opportunities and challenges that exist in the regional property market, including rising demand and housing supply…
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Fixed-rate mortgage bomb set to go off
Thousands of borrowers on fixed-interest home loans are facing an interest rate “cliff” and could be plunged into mortgage stress by the end of the year.
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Cloudstaff launches dedicated property division for the Australian market
Cloudstaff, the Australian-headquartered remote staffing platform, has announced the launch of a dedicated division to service the Australian real estate market.
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Auction volumes increase with a bumper week tipped to come
Auction volumes inched higher this week as spring selling season hits its stride, with CoreLogic predicting next week could see the busiest auction week since June this year.
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Risky lending falls as tough APRA rules kick in
The value of risky mortgages continues to fall after tough new rules from the Australian Prudential Regulation Authority (APRA) start to take hold.
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A unique spring selling season on the horizon
Despite the arrival of the spring season, sales activity is expected to be a little different this year as mortgage rates, weak consumer sentiment and stretched household budgets begin to bite.
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MyHomeVault app puts property information in the palm of your hand
An Australian real estate app that stores property information in one secure place is now available on the Apple App and Google Play stores.
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Mortgage anxiety rises as the RBA continues to hike the cash rate
Rapidly rising mortgage rates could leave borrowers in serious financial trouble with new research finding two-thirds of homeowners may default as a result of the increased cash rate.
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Season 3 of Luxe Listings Sydney promises to be the biggest and best yet
When Monika Tu was invited to join the inaugural season of the hit Amazon Prime TV show Luxe Listings Sydney she initially said no.
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Government flags incentives for pensioners to downsize
The Federal Government is seeking to address the issue of housing supply and affordability by giving pensioners more incentives to downsize.
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Affordable suburbs you can invest in now across Australia
Despite the recent boom in property prices across the country, there are still plenty of affordable options in our major capital cities according to an expert.
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Cash rate rises for the fifth month in a row
The Reserve Bank of Australia (RBA) lifted the cash rate 50 basis points today and at the same time forewarned homeowners further increases were coming.
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CBA cuts variable rates again for new customers
The big banks continue to cut their variable rates for new customers, in a bid to win more business.
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“Rough” conditions for renters continue in August
Pressure on renters continued last month, with vacancy rates for apartments and houses at extremely low levels while asking rents kept rising.
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RBA has “little choice” but to hike rates in September
he Reserve Bank of Australia appears set to hike the official cash rate at the September meeting with consistently high inflation leaving them with “little choice”.
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Slight drop in auction volumes sees clearance rate rise
After rising over recent weeks, auction volumes dipped almost 10 per cent this week, with 1814 homes going under the hammer across the combined capitals.
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Regional reversal taking place as people move back to the cities
After a record few years for regional property prices, values have started to decline as regional migration begins to stall.
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Housing loan commitments fall in July
The impact of consecutive interest rate rises has caused owner-occupiers and investors to shy away from the property sector, with the value of new loan commitments falling 8.5 per cent in July.
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Auctions surge as spring selling season gets underway
Auction activity is set to jump this weekend as the spring selling season sees a flurry of vendors looking to capitalise on record property prices.
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Family bonds make a winning team at Hutton & Hutton
Maintaining boundaries between work and home life can be a challenge in a demanding environment like real estate.
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Are rent controls the right way to go?
Real estate bodies have labeled calls to freeze rents and cap increases out of touch with reality, fearing it could exacerbate the nation's rental shortage.
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The long-term trend in property prices is “undeniably upwards”
Despite weakness in home values as interest rates rise, new data suggests the trend over the past 30 years has clearly been upwards.
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