Industry News
Breaking stories, regulatory changes, market data, and major developments across Australian and New Zealand real estate.
The Gold Coast recorded a year’s worth of new apartment sales in three months
Research commissioned by Colliers has shown the Gold Coast reached almost $800 million in new apartment sales in the first quarter of 2021.
Lockdowns lead to lower seller confidence but buyers remain keen for more
The REA Insights Listings Report August 2021 analysed new listings in order to deduce the latest market supply…
Startup Propps welcomes a new chief operating officer and operations manager
Proptech start-up Propps has announced the appointment of their new COO Jonathan King and their new OM Matilda…
Stone Real Estate grows office count from three to 50 in five years
Stone Real Estate just hit a major milestone of 50 offices, as the company overhauls its branding strategy…
HTW creating new technology for commercial property valuations
Herron Todd White are developing a web-based platform for commercial property valuers offer customers shorter wait times on…
What could burst the Australian property market boom?
Ray White chief economist Nerida Conisbee has investigated whether anything could bring Australia's current property market growth to…
What does the Spring selling season look like for states in lockdown?
Less than two weeks out from the spring selling season of 2021, lockdown conditions are in place across…
Pandemic and climate change to have lasting impact on the real estate industry
The pandemic and climate change are impacting so heavily on the nation that the real estate industry is…
Herron Todd White: Property clock shows almost all markets in positive position
Most residential markets have remained in the rising-to-peaking sector of the national property clock, according to Herron Todd…
RE/MAX Australia takes award announcements online
RE/MAX Australia have virtually congratulated their 2021 six-month award winners, highlighting the achievements of nationwide offices.
NSW Government $17 billion infrastructure plans for economic recovery
The NSW Government confirmed the approval of $17 billion worth of infrastructure, including thousands of new homes
The Perth suburbs where it’s cheaper to buy than rent
It cheaper to buy a home than rent in 112 Perth suburbs, according to the REIWA.
Knight Frank appoints new Senior Sales Executive to their Prestige Residential team
Real Estate agency Knight Frank have appointed Duncan Schieb to the role of senior sales executive in their…
Turner Real Estate acquires Bowman Morse Real Estate in North Adelaide
Turner Real Estate has continued its expansion in South Australia, adding a third office after acquiring North Adelaide's…
Inner West real estate firm Raine & Horne Concord launches expansion into Strathfield
Raine & Horne's Inner Western Sydney offices, Concord and Strathfield, have merged, with the combined firm to be…
Local Merewether agent David Tanchevski opens his fifth office in Newcastle
Local real estate agent David Tanchevski has opened his fifth office three years, servicing the Newcastle region.
REIA welcomes the housing affordability and supply inquiry
The Real Estate Institute of Australia (REIA) has welcomed the House of Representatives Standing Committee on Tax and…
Housing affordability and supply in the spotlight
Housing affordability is set to be the focus after an inquiry into Australia’s housing supply was announced late…
Mortgage broker platform Effi announces new partnership with Finty
AI-powered fintech Effi has formed a partnership with comparison website Finty, aiming to match consumers looking for a…
Strong interest for commercial investment properties in NSW despite lockdowns
Strong demand for investment properties in New South Wales has been maintained despite lockdowns, according to Knight Frank.
First home buyers in NZ will suffer from the Reserve Bank’s surprise decision on mortgage deposits
RBNZ's decision to reduce the number of owner-occupiers that can get a mortgage with less than a 20…
Auction clearance rate lower as markets navigate lockdowns
The volume of properties taken to auction was slightly higher this week, but the clearance rate dropped marginally…
DiJones appoints new Head of Sales and Chief Operating Officer
DiJones has appointed Mark Horvat to Head of Sales and promoted Brent May to the newly created role…
Raine & Horne celebrate their 2021 National Awards
Raine & Horne have celebrated their annual national awards, elevating high achievers within the Group.
Sutherland Shire property market on the rise despite lockdown
Highland Property Group has seen strong growth in the Sutherland Shire despite Sydney's ongoing lockdown.
Four young gun agents team up to open Ray White Eastern Beaches
Ray White Eastern Beaches has opened its doors, fronted by an ambitious new leadership team.
Interstate buyers aren’t slowing down in South Australia
New REISA data has shown continued net interstate immigration gains throughout regional and metro South Australia
How the property market has evolved amid the pandemic
Ray White leaders reveal the biggest issues facing the NSW property market
Ray White leaders unpacked the biggest issues facing the NSW property market in a webinar on Thursday night.
Sydney’s Banksmeadow commercial property attracts investors
Banksmeadow, a suburb located nearby Sydney International Airport, has seeing strong commercial interest in 2021.
Construction commences on the Gold Coast’s latest beachfront apartments
Spyre Group plan to bring luxury residences to the Queensland/New South Wales border
Premier Gladys Berejiklian confirms the ban on small business evictions will be extended
NSW Premier Gladys Berejiklian is set to announce a new rent relief package assist small businesses.
REIV CEO pens heartfelt open letter to Premier Dan Andrews
REIV CEO Gil King has written an open letter to Victorian Premier Dan Andrews, asking for home inspections…