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

Ray White Adelaide
Industry News

Ray White South Australia welcomes leading Kensington team

Established agent Andrew Welch has taken the leap into business ownership in Adelaide with Ray White.

Industry News

Eureka Tower floors sell to Sydney investment group for sky high price

Two levels of Melbourne's Eureka Tower have sold to a Sydney-based investor for $60 million.

Female empowerment ranking
News

How Australia ranks for female empowerment and gender equality

Australia has ranked within the top 20 countries in the Female Opportunity Index 2021.

RMRE fundraises for Beyond Blue for mental health
Industry News

Richard Matthews Real Estate gets behind Beyond Blue

Richard Matthews Real Estate director and auctioneer Matthew Everingham has announced a fundraising collaboration with Beyond Blue.

Industry News

Cash rate remains on hold, but RBA eases up on bond buying

The Reserve Bank of Australia has left the official cash rate on hold at its July meeting, but…

millennial homeowners
International

Millennials use pandemic savings to put a deposit on their first home

Three in every five millennials plan to use the money they saved during the pandemic towards a payment…

Mair property funds in south east old
Industry News

Mair Property Funds expands diversified fund into South East Queensland

Mair Property Funds has announced the acquisition of their second South East Queensland-based industrial facility, purchased for $9,340,000.

property council welcomes way out of covid
Industry News

Property Council welcomes projected pathway out of COVID-19

The Property Council of Australia has welcomed National Cabinet's agreement of a four-phase pathway out of the pandemic…

investor value rise
News

Investor housing loan commitments rise

The latest Lending to Households and Business figures show the value of new loan commitments for housing increased…

housing
Industry News

Auction volumes and clearance rates dip due to COVID uncertainty

The preliminary clearance rate came in at a lower 73.6 per cent this week after the volume of…

houses in north Sydney
Industry News

Australian dwelling values finish the financial year 13.5 per cent higher

National home values rose 1.9 per cent in June, taking annual growth to 13.5 per cent for the…

Industry News

Ray White and former Woolies executive join forces in Maleny

Ray While Queensland works alongside former Woolworths executive Allister Millican to develop property market in regional Sunshine Coast…

Industry News

Crown Group on the hunt for new development sites

Leading luxury apartment developer open to joint venture collaborations

Gold Coast luxury market
Industry News

Knight Frank research reveals promising luxury real estate trends

Australia’s major cities saw their highest quarter of prime residential sales volume on record. At the same time,…

Industry News

One Percent Property Sales smashes milestone of 200 houses sold in under 14 months

Queensland-based One Percent Property Sales celebrates reaching their 200 houses milestone within 14 months of their initial launch.

Intergenerational Report economics
Industry News

New Intergenerational Report indicates COVID-19 will have lasting impact on the economy

The Australian Government's Intergenerational Report was released on Monday, with the Property Council of Australia describing it as…