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Breaking stories, regulatory changes, market data, and major developments across Australian and New Zealand real estate.

Richard Bailey, Property Partner, The Agency Northern Tasmania. Image: Supplied
Industry News

Tasmanian first-home buyers facing devastating ‘cliff edge’ as Stamp Duty exemption abruptly ends

Hidden budget cuts and a ruthless June 30 settlement deadline leave agents scrambling, as experts warn pending property sales are now doomed to collapse.

Sydney's median house price has fallen by $75,000 in a single quarter. Image: Getty
Industry News

Sydney house prices post second-largest dollar drop on record

Sydney house prices have suffered their sharpest quarterly decline in seven years, with a $75,000 drop as rising…

NSW remains Australia’s least affordable housing market, with mortgage repayments consuming 58.4% of median family income. Image: Getty
Industry News

Mortgage repayments hit record 50.8% of family income

Mortgage stress rises above 50% of household income as RBA rate hikes erase 2025 affordability gains and lift…

News

Migration outpaces new housing supply 3-to-1 as real estate sector faces unprecedented demand pressure

Migration outpaces housing construction nearly three-to-one, intensifying Australia’s supply crisis

Industry News

Budget shock hits property market as positive cash flow suburbs shrink to just 0.8%

Positive cash flow properties collapse to just 0.8% of suburbs as yields tighten, costs rise, and investors pivot…

First home buyers in the ACT will no longer pay stamp duty under landmark reforms aimed at cutting upfront housing costs. Image: Getty
Industry News

Canberra ditches Stamp Duty for First Buyers in major housing shake-up

Canberra becomes the first Australian jurisdiction to remove the tax entirely for first-time purchasers, regardless of property value…

Forget the capital cities: New report shows prestige buyers in regional hotspot set to prosper most. Image: Getty
Industry News

Gold Coast crowned Australia’s fastest-growing economy

The Gold Coast is now outpacing Australia’s capital cities in economic growth, with 420+ new residents a week…

Industry News

The property heavyweights dominating the King’s Birthday honours list

Property executives, agency founders and strata pioneers were among the business leaders recognised in the King's Birthday honours,…

Victorian agents will need to publish reserve prices seven days before auction from 1 October. Image: Gemini
Industry News

REIV warns reserve price disclosure laws could push sellers away from auctions

REIV warns Victoria’s reserve price laws risk pushing vendors away from auctions despite push for greater transparency

Record capital continues to flow into childcare property, but oversupply in some suburbs is creating sharply different outcomes for investors. Image: Getty
Industry News

Saturated suburbs: Why Australia’s $1.4b childcare property boom just reached a tipping point

Australia's childcare property market has attracted record investment, but local oversupply, staffing shortages and operator quality are now…

Industry News

Listings build collides with cautious buyers as housing market shifts into new phase

Australia’s housing market is shifting as listings rise and buyer demand cools, with clearance rates falling and withdrawal…

News

RBA flags early housing slowdown as interest rate rises begin to bite

Reserve Bank says higher borrowing costs are starting to ease housing conditions, while warning inflation remains “too high”…

Perth housing market shows slower selling times as listings rise above 5,000, while prices continue to record growth across houses and units in May 2026. Image: Getty
Industry News

Perth housing market slows as selling times double, but prices keep rising

Perth selling times double as listings climb above 5,000, but prices continue to rise despite easing market momentum

Thomas McGlynn, CEO - Performance and Value at Ray White. Image: Supplied
Industry News

Property market holds steady despite economic uncertainty

Despite budget shocks, rate uncertainty and geopolitical tension, new Ray White data shows sales values are holding firmer…

Photo: instagram.com/dhughesy/ and Gemini
Industry News

Dave Hughes becomes the unlikely face of Australia’s Budget backlash

The comedian's social media tirades have attracted thousands of reactions and hundreds of comments, but he is part…

Revenue from stamp duty is increasingly being driven by price growth rather than transaction volumes, highlighting the growing fiscal reliance on higher property values. Image: Getty
Industry News

Stamp duty nears $35bn as rising prices do the heavy lifting

Rising property prices, not rising sales, are driving a record $34.4 billion stamp duty haul across Australia.

Asking prices stall and distressed listings jump. Image: Getty
Industry News

Housing market hits turning point as supply floods and prices fall

A massive wave of new listings and a worrying spike in distressed sales have broken the back of…

Industry News

The 300,000-home black hole threatening Labor’s housing dream

New data reveals Australia must supercharge construction by 49 per cent to hit Labor's 1.2 million homes target,…

Industry News

Investors circle Darwin as commercial market momentum builds

Darwin’s commercial property sector is strengthening, with rising rents, limited new supply and increasing investor demand as defence,…

Industry News

House prices could flatline for 20 years

A new analysis suggests the structural tailwinds behind Australia's property boom have exhausted, with tax changes adding further…

Industry News

Auction clearance rates fall below 2022 downturn levels

Five weeks of weak results signal buyer demand has softened faster than the last correction, though improving inflation…

Nationally, regional WA saw the highest rental yields, with houses in Coolgardie leading over the last 12 months to April 2026, with a rental yield of 11.5%. Image: Getty
News

Regional WA and Darwin lead Australia’s rental yield rankings as Sydney and Melbourne hold steady

New data shows yields have fallen across most capital cities over the past 12 months, with stronger home…

Developers could be the winners from negative gearing changes. Photo: Getty
Industry News

Budget tax changes spark new-build demand

Removing negative gearing on established properties is a win for developers, but experts say investors should be wary…

REA Group Senior Economic Analyst, Megan Lieu. Image: Supplied
Industry News

Hidden millions: Australia’s premium suburbs reveal massive internal price gaps

New realestate.com.au data shows even elite suburbs like Vaucluse, Toorak and Bellevue Hill contain multi-million-dollar price differences between…

The budget could have some unintended consequences for the economy. Photo: Getty
Industry News

Budget housing measures could trigger economic ripple effects beyond prices

Ray White's chief economist warns that fewer property transactions mean less stamp duty revenue and reduced spending across…

REA Group Senior Economist Angus Moore. Image: Supplied
Industry News

The aftermath of the property tax bombshell: Gradual cool-down or rental market catastrophe?

Now that the initial post-Budget dust has begun to settle, REA Group Senior Economist Angus Moore says the…

The Olympic infrastructure pipeline is creating a new growth cycle in Brisbane. Photo: Getty
Industry News

Brisbane investors under the pump as Olympic construction crunch intensifies

As Sydney and Melbourne lose momentum, Brisbane's housing shortage, Olympic infrastructure pipeline, and record-low supply are creating a…

Tristan Rowland of Bright Real Estate won the REIA's Residential Salesperson of the Year. Photo: Supplied
Industry News

Australia’s top agents named at REIA National Awards for Excellence

The 2026 National Awards for Excellence recognised standout agents, property managers and agencies, with South Australia and Queensland…

Hobart is currently flooded with short-term rentals. Photo: Getty
Industry News

Short-term rentals outnumber vacancies 36 to one in some locations

New research reveals the scale of Australia's short-term rental sector and what it would take to regulate it…

Laing+Simmons Head of People & Growth Jacqui Barnes. Image: Supplied
Industry News

Women In Real Estate study exposes uncomfortable truths about safety, reporting and workplace culture

A national study into women working in real estate is challenging long-held assumptions about performance, career progression and…

Industry News

$280,000 tax hit set to rewrite Australia’s property market as investors flee established homes

New analysis reveals sweeping budget changes could redirect capital into new builds, slash borrowing power and ignite rent…

The granny flat ban is lifted near Western Sydney Airport. Photo: Getty
Industry News

Granny flats take flight near Western Sydney International Airport

Homeowners in five councils can now build secondary dwellings up to 85 square metres, reversing restrictions that blocked…

Property Investors are facing a 20% reduction in borrowing capacity. Photo: Getty
Industry News

Budget’s negative gearing changes could cut investor borrowing by 20%

Experts warn the proposed reforms will hit borrowing capacity before they touch tax returns – and the numbers…

Auction activity cools post-Budget as buyer attendance and clearance rates ease across Australian capital city markets. Image: Getty
News

Tax overhaul triggers caution in auction market as sentiment softens post-Budget

Buyer activity eases across auctions and inspections as early sentiment shifts emerge following federal Budget housing tax changes

Northern Beaches homeowners are nearly all turning a profit on the sale of their homes. Photo: Getty
Industry News

Sydney’s Northern Beaches leads the nation in resale profits

New data shows almost all Australian homeowners are selling at a profit, with Sydney and Queensland dominating the…