Industry News
Breaking stories, regulatory changes, market data, and major developments across Australian and New Zealand real estate.
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…
More Australian homes selling than coming on the market
Sydney residential vacancy rate rollercoaster takes another turn
REINSW noted residential rental vacancies in Sydney dropped in July for the third consecutive month.
Australians are using lockdown to hunt for property online
Search activity on realestate.com.au jumped 2.4 per cent last week as lockdowns were felt across the country.
Number of single women buying first home tipped to rise
REIA forecasted a rise in single women purchasing their first homes.
Perth’s current property growth rate is almost twice as high as the previous cycle
Perth's market recovery is tracking at an average growth rate of 0.9 per cent per month, according to…
Rental market confidence is up but agents are concerned about rent roll and profitability margins
Australian property managers were surveyed to determine the true mood of the national rental market with the response…
Justin Ferguson returns to the Lower North Shore property market
Justin Ferguson has announced his return to the Lower North Shore property market under his independent self-named agency.
