Industry News
Breaking stories, regulatory changes, market data, and major developments across Australian and New Zealand real estate.
Industry leaders analyse what RBA decision means for real estate market
The Reserve Bank of Australia (RBA) has maintained its record low cash rate at 0.1 per cent, with real estate industry leaders predicting Australia’s hot housing market will start to even out a little in the coming months.
Angela Capitanio caps off 34 years with Ray White
RE/MAX adds two key corporate team members
Sherrie Storor’s coaching clients finished EOFY having the best sales year ever
The last 12 months saw LJ Hooker Ormeau Principal, Nicole Hintz, smash her business goal of tripling her…
“Insane” tax deduction set to draw investors to The Block auctions
An astounding amount of depreciation deductions have been identified on The Block 2021 according to the show's Executive…
Busiest auction week since mid-July as Melbourne records its second highest clearance rate this year
CoreLogic has reported this was the busiest auction week since mid-July, with the preliminary clearance rate also on…
Authorised workers required to be vaccinated in Victoria
All "authorised workers" across Victoria will be required to have at least one dose of the COVID-19 vaccine…
PEXA names Scott Butterworth as new Chief Data and Analytics Officer
PEXA has accelerated their growth initiatives with the appointment of Scott Butterworth as the new Chief Data and…
4one4 Property Co starts its sustainability journey through carbon offsetting
4one4 Property Co are diving into their energy consumption and have chosen to use Wind Power, Conservation coast…
REIA claims the Government bolsters its coffers at housing affordability’s expense
Real Estate Institute of Australia (REIA) President Adrian Kelly believes stamp duty has become the antiquated blight of…
Perth house prices rose 18 per cent in the last 12 months
oreLogic has announced a revision of its Perth home value index, confirming the Western Australian capital has seen…
Elders Real Estate transaction volume climbs 45 per cent
Sydney sellers cash in with 97.6 per cent of housing resales selling for a profit in June
In Sydney over the June quarter, 97.6 per cent of houses sold for a nominal gain, the highest…
Real estate industry leaders weigh in on stamp duty reform
Industry leaders have provided official submissions on behalf of the real estate sector, discussing stamp duty changes and…
Property leads the way in the sprint towards Net Zero
The New South Wales Government is set to carry out cutting emissions in half by 2030, with the…
The Gold Coast economy is set to prosper with positive property outlook
The Gold Coast's population growth is underpinned by internal migration and more than 50 residential projects currently in…
Your Home energy saving initiative paves the way for sustainable real estate
REIA has welcomed the Morrison Government's new edition of the Your Home initiative, released on 28 September 2021.
School zones create a house price premium
New Domain research has found many school catchment zones continued to add a significant premium onto already spiking…
More than half of small businesses plan to bounce back after lockdown
A survey found 53 per cent of small to medium businesses (SMEs) in VIC and NSW feel confident…
Real estate is one of the top digital search trends in Australia
Real estate has become one of the most widely searched topics across Australia, according to newly released Nielsen…
Fleetwood secures $32 million quarantine centre contract
The Australian Government has selected the primary developer for the new 1000-bed quarantine centre, which is set to…
Michael Fenn is the youngest recipient of the Sir Leslie Hooker Award
Michael Fenn has won the prestigious Sir Leslie Hooker Award, making him the youngest winner at 42 years…
Property Council welcomes roadmap to recovery
The Property Council has announced its support of the NSW Government's roadmap to recovery, focusing on the 80…
18 – 29 year olds account for more than one-third of all first home buyers
Millennials and Generation-Z hold a significant proportion of the first home buyer market, despite rising property prices.
Highest auction clearance rate since March
A sharp drop in the number of withdrawn auctions in Melbourne and Canberra has resulted in the highest…
Property Council of Australia supports international students returning to NSW
The return of international students will significantly benefit inner-city residential and commercial vacancy rates across the country, according…
REIA calls on government to address regional housing supply
The Real Estate Institute of Australia are putting the pressure on the Government to address the regional housing…
The five best locations to invest in Australia with houses under $650,000
Property investment adviser Grant Foley has revealed five Australian locations where you can purchase freestanding houses for under…
Recent homebuyers are more likely to rent out part of their property for additional income
New US-based research has found recent homeowners have been finding increasingly creative ways to generate income and offset…
Propic appoints David Choi as Chief Commercial Officer
Property intelligence start-up Propic has appointed David Choi as their new Chief Commercial Officer and Strategist with an…
Homegrown PropTech platform drives digital land sales
Oliver Hume has launched a new Proptech platform, allowing buyers to pay deposits online, without visiting a sales…
Downsizers can avoid stamp duty when purchasing in land lease communities
Downsizing.com.au has published a report analysing the savings on offer for new homes in new land lease communities
Sydney-based Chadwick Real Estate expands with new Hornsby office
Chadwick Real Estate has opened a fourth office in Hornsby, ready to take advantage of the high demand…