National
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The Agency records 26 per cent growth in revenue
The Agency has reported improved financial and operational results for the March quarter, with its total revenue up 26 per cent on the same quarter in the 2021 financial year.
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Propic appoints head of innovation amid record growth
PropTech Artificial Intelligence pioneer Propic has appointed former McGrath Head of Martech Ryan Campbell as Head of Innovation, as it records significant Australian market growth and seeks to push into international markets.
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Victoria most affordable for average income earners
Victoria dominates the list of most affordable properties for buyers on average salaries, according to new research.
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Inside Australia’s home of the year
JW Constructions in Queensland has won the HIA-CSR Australian Home of the Year award for a beautifully designed home that showcases open-plan living at its best.
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Geelong leads pandemic population surge
Geelong saw the largest population increase during the pandemic as homebuyers sought out more space and an escape from the city.
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Sentiment remains high despite softening property prices
Confidence in the real estate market remains high despite slowing growth in property prices, according to a new survey.
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The lowest preliminary clearance rate of the year
Despite the ANZAC Day long weekend, 1813 homes were taken to auction across the combined capital cities this week, resulting in a preliminary clearance rate of 67.6 per cent.
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Rental demand continues to soar as availability falls to lowest level in more than a decade
Near record demand and the lowest level of availability in almost 20 years is propelling a tough rental market, new analysis shows.
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Foreign investment in Australian commercial property doubles
Foreign buyers continue to be active in both buying and selling Australian commercial assets according to a leading expert.
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What’s driving the housing markets: HTW
Demand for residential property remains strong, however, the rate of growth is slowing according to the latest Herron Todd White (HTW) Month in Review.
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First Home Guarantee Scheme might not help all first-time buyers
While the First Home Guarantee Scheme has been expanded to help more first home buyers enter the property market, a leading expert believes many purchasers will not be in a position to access the increased financial caps.
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How property can help Australia become prosperous again
The Property Council of Australia is calling on the next Federal Government to adopt a range of property-related initiatives to help the country 'make the most of the 2020s' and return to prosperity.
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How to deliver ‘wow moments’ in a changing market
constraints and weakening consumer sentiment, Exp Australia Director Emily Morgan knows her vendors need more than her knowledge and experience to successfully navigate the current changing market.
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Investor lending reaches record high
Lending to investors has hit a record high level, outpacing the last two property booms.
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East coast kicks off 2022 with $150B worth of property sales
Despite talk of a softening market, Australia’s love affair with real estate continues, with the latest data from PEXA revealing more the $150 billion worth of property on the east coast settled during the first quarter of 2022.
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Confidence in property dips in March
Confidence in Australia's property sector fell slightly in March but remains at historically elevated levels, according to the latest ANZ/Property Council's industry survey.
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Construction costs rise at the fastest rate in 21 years
The cost to construct a new home is rising at the fastest rate since 2001 putting increased pressure on builders, new home buyers and renovators.
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Rents continue to rise as supply shortage bites
Rental prices for houses in Australia’s capital cities have hit their highest point on record, with the median price now $508 per week, according to the latest data.
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Low clearance rate due to Easter auction slowdown
The Easter long weekend resulted in the auction slowdown that had been widely predicted, with just 134 properties going under the hammer across the major capitals.
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Australia’s top 10 most affordable regional areas
The great Australian dream of owning a home is still alive, with a new report identifying the Top 10 affordable regional areas in the eastern states.
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Demand for property still strong despite signs of easing market
The Australian housing market remains strong and demand in Melbourne and Adelaide has hit record highs, despite signs the property market is softening in capital cities.
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UrbanX raises millions to fund expansion and innovation
Billed as the future of real estate, UrbanX (“UX”) is revolutionising the traditional model by empowering Australia’s top agents to work for themselves & create their own unique brands.
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Buyers face new problems as supply falls
The real estate market is showing signs of slowing but there are still challenging conditions ahead for buyers with a rapid drop in listing volumes.
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Housing values fall in Sydney and Melbourne
Property values in Sydney and Melbourne have started to slide, falling as much as 7.2 per cent in the first quarter of the year, new analysis shows.
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The real estate issues the new Federal Government must tackle
The rental crisis, housing affordability and supply will be among the hot topics in the real estate sector leading up to the Federal Election on May 21.
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Big 4 banks tip interest rates to rise in June
The big four banks have revised their cash rate forecasts, tipping the next tightening cycle to start as early as June.
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Rebel Wilson lists her Sydney waterfront home
Aussie actress Rebel Wilson has listed her beautifully renovated Sydney waterfront home for $9 million.
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Renters lose out in governments’ ‘patchy’ response to the pandemic
Renters were the big losers with the state and territory government's hasty response to the pandemic labelled “patchy” by a new report.
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Almost 4000 properties go to auction in one of the busiest weeks on record
This week proved the busiest auction week of the year and the sixth busiest since CoreLogic records began as almost 4000 properties went under the hammer across the combined capitals.
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Trio writes almost $2M GCI in 12 months under Area Specialist
In the twelve months since joining Area Specialist, directors Harry Singh, Jake Wang and Adam Bindra have written almost $2 million in gross commission – all of which they will keep.
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REIA honours the industry’s best at National Awards for Excellence
The winners of REIA's National Awards for Excellence (NAFE) 2022 have been announced with a host of industry leaders being honoured across 21 categories.
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Home Guarantee Scheme to put upward pressure on property prices
The recently expanded Home Guarantee Scheme announced in the latest Federal Budget could put further upward pressure on property prices according to experts.
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5 factors that drive success on auction day
With the auction process more popular than ever, a new report has identified five key factors that drive success on auction day.
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New Instagram scam targets top real estate agents
A real estate media coach has warned agents about an online scam targeting the industry aimed at stealing top agents' Instagram profiles to push a Bitcoin fraud.
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ANZ tips cash rate to rise 10-fold this year
One of Australia’s big four banks has tipped the cash rate will increase four times before the end of the year.
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