Industry News
Breaking stories, regulatory changes, market data, and major developments across Australian and New Zealand real estate.
New LJ Hooker office opens in Sydney’s inner west
LJ Hooker will now be represented in Sydney's sought after inner west suburbs after opening a new office in Dulwich Hill.
Bowling alleys and enormous spas feature in Victoria’s top house sales
If you’ve got a bit of spare time this weekend and want to see how the other half…
REA Group reports Q1 results, revealing strong growth
REA Group delivered strong growth across its Australian segments during the three months to September 30, with revenue…
Industry offers recommendations to address housing supply
Both the Real Estate Institute of Australia and the Property Council have offered their take on how to…
More choice expected for home buyers
Following a lengthy period of demand far exceeding supply, home buyers can expect more choice over the coming…
Stone Real Estate Epping expands with new merger
Belle Property St Kilda expands with new Brighton office
Rental Management Australia rolls out MRI PropertyTree
Victoria breaks land price records with lots over $300,000
Land prices in Melbourne’s key growth corridors have experienced strong growth, increasing by 7.7 per cent over the…
John Minns appointed as first NSW Property Services Commissioner
Former Independent Property Group Managing Director John Minns has been appointed as the first Property Services Commissioner for…
New REINSW president Peter Matthews takes the reins
Peter Matthews, Founder & CEO of Realtair, today begins a two-year tenure as President of the Real Estate…
Snug and Zango integrate to make renting easier and faster
"In the highly competitive Canberra rental market speed counts. As a modern, vibrant property portal with an unwavering…
Buyers waiting for price reductions will be disappointed
Sydney house prices to reach new heights in 2022
House prices are expected to surge as domestic borders open and international travel resumes, according to experts surveyed…
Regional property markets predicted to outperform capital cities in 2022
Regional property markets will be the ones to watch in 2022, according to Canstar’s inaugural Rising Stars Report,…
Crypto tokens welcome all global property investors
The Real Estate industry is buzzing as international properties can now be bought and sold using cryptocurrency tokens.
RBA keeps cash rate on hold but rise likely in 2023
Despite a rise in inflation, the Reserve Bank of Australia has again opted to keep the official cash…
Housing affordability declines as investors flock to COVID-free states
New loan commitments for housing have fallen, particularly in COVID-ravaged states, as housing affordability continues to decline.
New guide helps real estate agents master digital marketing
Australians spend 1.46 hours on average a day on social media and 20.5 million of us use Facebook…
McGrath expands its reach across Greater Western Sydney
McGrath West Group lead by Kon Stathopoulos today announced the expansion of its Greater Western Sydney operation.
Investments and carbon reduction all part of REA Group’s sustainable year
Despite unpredictable economic and social conditions created by the global pandemic, REA Group has remained committed to its…
Spring selling sees surge in Perth listings
The number of houses on the market has jumped across Perth as sellers ‘take advantage of Perth's strong…
Belle Property expands its footprint across Sydney’s Eastern suburbs
Belle Property has today announced the opening of a new office in Potts Point, headed up by leading…
Clearance rate slips below 80 per cent as auction volumes surge
This week again proved busy for auctions, with CoreLogic tracking 3524 auctions across the major capitals.
Ray White NSW and ACT celebrates its 2021 winners
In these COVID-safe times, Ray White held yet another zoom awards for its New South Wales and ACT…
Values alignment – why supporting a charity is more than doing the right thing
We’re about to launch in to a full month dedicated to raising funds for Make-A-Wish.
REA Group backs stamp duty exemptions supporting City of Melbourne
REA Group has announced a new partnership with the City of Melbourne to help bring to life the…
Hobart median house price hits the $1 million mark
The record run of house price growth across Tasmania has seen many inner-city Hobart suburbs hit the exclusive…
New Zealand’s hot property market starting to slow down
New Zealand’s property market may see a mini bounce back in the final two months of 2021, but…
Regional renters struggle as listings plummet
Regional renters are facing an uphill battle to put a roof over their heads with the number of…
Residential land in high demand across Australia
Vacant land is one of the hottest commodities in residential real estate at the moment with some blocks…
Australian real estate ranks number one for sustainability
Australia’s real estate market has topped the list in the internationally recognised GRESB Real Estate Assessment ranking for…
CPI edges towards RBA target
Newly released figures show the All Group Consumer Price Index for September increased at a similar rate to…
Property prices hit records across the country but the market is cooling
Australia’s median house price is fast approaching $1 million with the fastest rate of annual growth on record…