Industry News
Breaking stories, regulatory changes, market data, and major developments across Australian and New Zealand real estate.
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 weeks after receiving development approval.
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…
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…
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 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…
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.
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…
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…
Real estate marketplace Homely.com.au partners with Raine & Horne
Real estate marketplace Homely.com.au has partnered up with Raine & Horne.
Record number of construction projects started in the March quarter
New house construction has increased by 40 per cent, compared to last year.
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…
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 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…
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.
The Australian launches new commercial property lift-out
Leading realtor Kim Jones joins Kollosche in Byron Bay
Real estate runs in the family
Familiar faces partner with Ray White in Sunbury
Atlas Advisors Australia takes major stake in Hunter Valley Zoo
Wealth manager Atlas Advisors Australia has taken a joint stake in key domestic tourism asset, Hunter Valley Zoo…
Highest rate of dwelling value growth since 2004
Property managers urged to stand up against domestic violence
The Real Estate Institute of Australia (REIA) is asking property managers to help them stand up against domestic…
What the updated lockdown restrictions mean for NSW real estate agents
The updated New South Wales (NSW) coronavirus restrictions are tricky for anybody to navigate. It's even more difficult…
Millthorpe’s oldest pub, the Commercial Hotel, hits the market
A slice of regional New South Wales history is up for grabs, as Millthorpe's oldest pub, the Commercial…