Industry News
Breaking stories, regulatory changes, market data, and major developments across Australian and New Zealand real estate.
Similarweb names Openn in its Digital 100 annual rankings
Openn has been recognised by web traffic analysis company, Similarweb in an annual ranking of the fastest growing digital brands across five industry categories. Known as the Digital 100, the…
NSW and QLD driving demand for new housing
The home building boom is in full swing in NSW, with sales of new detached homes the second-highest…
Harcourts Packham initiates partnership to tackle homelessness in SA
A former backpacker’s hostel in the heart of the Adelaide CBD has been transformed into short-term accommodation for…
New data reveals best practice for email marketing
A new report from ActivePipe helps real estate agents make their email marketing more effective by revealing the…
Rents to skyrocket by thousands in 59 Australian suburbs
The cost of renting could jump $5000 in 59 suburbs across the country this year, as Australia sits…
How to maximise your buyers’ offers and keep them all onside
Every Agent knows that technology holds the key to help them become both effective and efficient.
Auction volumes up 35 per cent, clearance rate also climbing
Auction volumes and the clearance rate continued to climb this week, with the number of auctions increasing 35.2…
Double Bay welcomes a new commercial team
Proposed NSW property tax changes labelled ‘nonsensical’
The Real Estate Institute of NSW has labelled the State Government’s proposed changes to stamp duty "nonsensical".
NAB tips property price drop in 2023
One of Australia’s big four banks expects property price growth to slow dramatically before falling 10 per cent…
Susan Mitchell to depart REA Group
Biggest January surge in new listings since 2014
Homeowners keen to sell have wasted no time putting their property on the market, with a 55.6 jump…
Real Estate Institute of WA appoints new CEO
The Real Estate Institute of Western Australia has announced the appointment of Cath Hart as its new Chief…
Aussie house hunters view property listings at a record rate
Homebuyers are out in force to start 2022, with new data showing views on property listings surged 48.2…
ANZ increases fixed rate home loans up to 0.4 per cent
ANZ has joined it’s big four counterparts in raising fixed rates this year, announcing a hike of up…
Top 10 Perth suburbs tipped for price growth in 2022
Ten Perth suburbs that recorded well below 10 per cent price growth last year have been singled out…
Cost to build a home in New Zealand hits the hip pocket
The cost of building a house in New Zealand has jumped 6.1 per cent in the past year…
Melbourne land prices climb past $350,000 for first time
An average block of land in Melbourne will now set you back $355,000, with prices soaring to a…
Double-digit increase for SA house prices
The strength of South Australia’s property market has been revealed, with data from the Valuer-General indicating median house…
Top markets to watch for price growth in 2022
Price growth is set to accelerate in the family-friendly Melbourne suburb of Hallam and the Western Australia holiday…
Thomas McGlynn appointed CEO of BresicWhitney
Newly appointed Chief Executive Officer of BresicWhitney, Thomas McGlynn, estimates the group will transact $3 billion in sales…
Affordable, inner-city suburbs on top of buyers’ wish list
Buyers are ditching apartments and regional areas in favour of more affordable suburbs and inner-city markets, new data…
REA Group reveals outstanding half-year performance
REA Group has released its half-year financial results with the data reflecting a surge in listings along with…
Smaller capitals lead the auction volume increase
Auction volumes have continued to increase this week, with the smaller capitals leading the charge.
Dwelling approvals rise as timber shortages ease
Dwelling approvals jumped 8.2 per cent in December according to new data, with imported timber helping to ease…
Perth woman buys virtual penthouse in the metaverse
REIA calls for homebuyer help and the creation of property jobs
The Real Estate Institute of Australia (REIA) President Hayden Groves
CBA lifts fixed home loans 0.2 per cent
The Commonwealth Bank has increased interest rates on its fixed home loans by as much as 0.20 per…
Agent sells 236 properties in one year via Market Buy
A top-performing Queensland agent has set a personal record, selling 236 properties in the past 12 months, all…
Greens call for mandatory air conditioning in Victorian rental properties
Leader of The Victorian Greens, Samantha Ratnam has called on the State Government to amend the minimum standards…
Hudson McHugh partners with Raine and Horne Summer Hill
Inner west agency Hudson McHugh has partnered with Raine and Horne Summer Hill
New listings still won’t meet demand in NSW
A flood of new listings set to come to market this month will not be enough to make…
More than 1 million households have never had an RBA rate rise
After more than a decade of easy monetary policy from the RBA, new data shows that over 1.1…
