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Breaking stories, regulatory changes, market data, and major developments across Australian and New Zealand real estate.

Brisbane wins Olympic Games bid housing market predictions
Industry News

What the 2032 Olympic Games means for Brisbane’s property market

CoreLogic Asia Pacific research director Tim Lawless believes the 2032 Olympics should work as a positive influence on the Brisbane housing market.

Industry News

Property Council welcomes Brisbane Olympics win

The Property Council of Australia has welcomed tonight's announcement that Brisbane will be the host of the 2032…

Hope Island Gold Coast
Industry News

The Gold Coast’s Hope Island sees new waterfront acquisition

Gold Coast developer Aniko has announced a new acquisition of a waterfront site at Hope Island on the…

rent value rising in Tasmania
Industry News

Which regions have seen the highest rent value increases over the year?

CoreLogic data across 88 local markets shows that, as with the current housing market upswing, rental market increases…

Industry News

Waterfront Gold Coast landmark project nearly sold out

Marquee Development Partners have sold 95 per cent of their new penthouse collection on the Gold Coast only…

Westpac AUD outlook
Industry News

Westpac revises its outlook for the Australian Dollar

Despite a long-term upswing in the value of the Australian Dollar (AUD), Big Four bank, Westpac believes there's…

Auction day rates ray white
Industry News

Are weekday auctions the new Saturday?

Saturday might be renowned as the prime day for property auctions, but according to Ray White's national auction…

News

Openn Negotiation set to go public

Digital sales platform, Openn Negotiation is just hours away from becoming a publicly-listed company, with the real estate…

Perth vacancy rates
Industry News

Perth vacancy rates hit the highest level since August last year

With an increase of 1.2 per cent in June 2021, the Perth vacancy rate is at the highest…

Parramatta struggles weekly asking rent
News

Regional NSW asking rents soar while metro locations continue to struggle

As more Sydney-siders seek a lifestyle overhaul, asking rents are soaring in popular New South Wales towns.

Australian rents
Industry News

National rents record highest annual growth in over a decade

Despite rental growth slowing over recent months, CoreLogic's Rental Review for the June 2021 quarter shows national rental…

Industry News

Clearance rate steady despite lockdowns in the largest auction markets

The combined capital city preliminary auction clearance rate remained relatively steady week-on-week, despite the announcement earlier in the…

homely Raine & horne
Industry News

Real estate marketplace Homely.com.au partners with Raine & Horne

Real estate marketplace Homely.com.au has partnered up with Raine & Horne.

construction
Industry News

Record number of construction projects started in the March quarter

New house construction has increased by 40 per cent, compared to last year.

NSW design vs sustainability
Industry News

Property Council of Australia asks NSW to balance sustainable housing design with affordability

The Property Council of Australia has cautiously welcomed changes to the recent Design and Place State Environmental Planning…

WA suburbs housing affordability
Industry News

Governments urged to improve planning approval times

The REIA is urging the Federal and State Governments to improve planning approval times in a bid to…

Adelaide auction market
News

Adelaide is now Australia’s best auction market

Ray White Chief Economist Nerida Conisbee says Adelaide has so far recorded the highest auction clearance rate in…

Melbourne COVID-19 auctions
Industry News

Snap lockdown thwarts Melbourne’s scheduled auction growth

Melbourne had more than 1,000 auctions scheduled, but the latest snap lockdown could significantly impact these figures.

Industry News

Real estate runs in the family