Industry News
Breaking stories, regulatory changes, market data, and major developments across Australian and New Zealand real estate.
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A sharp drop in the number of withdrawn auctions in Melbourne and Canberra has resulted in the highest…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…
Why local businesses should communicate with customers via text messages
There are an estimated 3.8 billion smartphone users in the world, with 80 per cent of Australians using…
New and total listings drop across Australia as national rental supply nears all-time low
The Australian rental market has become increasingly competitive as available rental supply continues to sharply decline over 2021.
South-East Queensland’s population is booming, while Victoria’s declines
Victorians continue to migrate out of the state, as Queensland welcomes nearly 44,000 new residents since March 2020.
Five key recommendations to promote economic recovery in Western Sydney
The Property Council of Australia has provided five key recommendations for Western Sydney's economic recovery when restrictions ease
Sarah Wotton joins DiJones Southern Highlands
DiJones Southern Highlands has welcomed sales agent Sarah Wotton to the team.
Property investors expect house prices to continue rising
The 2021 PIPA Annual Investor Sentiment Survey has revealed investors still believe it's a good time to invest.
Perth’s most affordable house prices compared to Melbourne and Sydney
Perth is known to be one of the most affordable cities in Australia to buy a house, but…
How millennials’ digital habits and home ownership trends have impacted the Australian property market
Millennials are a digitally savvy generation, going online to shop, socialise and work. So it is little surprise…
Real estate industry leaders react to Victoria’s roadmap out of lockdown
Melbourne's real estate industry is set to see a lockdown-related milestone on October 26, as on-site outdoor auctions…
Singapore and Hong Kong buyers set to underpin Sydney’s prestige market
Buyers from Hong Kong and Singapore will help propel Sydney's residential and commercial markets into 2022, according to…
New home sales remain strong in August
The HIA New Home Sales report shows a strength in new home sales during August, however sales remain…