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

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 Policies (SEPP) Explanation of Intended Effect (EIE) report, but notes sustainability must…

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

Industry News

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…

domestic violence
Industry News

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…

covid restrictions
Industry News

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…

Industry News

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…

Industry News

Belle Property opens in Sandgate with award-winning duo at the helm

Belle Property has continued their Brisbane expansion, with the opening of a new Sandgate office.

American down payments
International

First home buyers in the US struggle to save for a down payment

It is estimated to take a full year longer to save for a down payment on a starter…

Brisbane is undersupplied
Industry News

The top 10 most undersupplied metro rental markets revealed

The most undersupplied city locations for rental houses have been revealed, with some locations recording very few available…

Jonathan Lui
Industry News

Airtasker and Soho founder Jonathan Lui reveals major real estate website acquisition

Soho, an AI-powered personalised real estate platform, recently announced it has officially acquired Home Sales.

News

National auction volumes remain steady despite drop in Sydney

The preliminary auction clearance rate has risen to 76.4 per cent this week, with volumes remaining relatively steady…

Industry News

Lockdown life pushes up property results at Grays

Online auction platform, Grays marketplace has seen increases in property demand amid lockdown.

Industry News

Belle Property has a new home and new leadership in Brisbane’s inner north

Belle Property has celebrated the opening of their new office in Newmarket, Brisbane.

Perth sales REIWA data
Industry News

Top 10 Perth suburbs to see the biggest median house sale growth

Real Estate Institute of Western Australia (REIWA) data has revealed the 10 Perth suburbs to have seen the…

CoreLogic Melbourne and Sydney Lockdowns
Industry News

CoreLogic investigates how the housing market reacts to lockdowns

CoreLogic has released a comprehensive overview of housing market performance through lockdowns.

International

Five ways the UK housing market can progress post-pandemic

It's more than one year since the onset of the COVID-19 pandemic in the United Kingdom (UK). The…

Wellington NZ
Industry News

New Zealand’s Wellington sees a 123 per cent rise in property values

Across the wider Wellington area, the past six years have brought large increases in property values, following a…

Congrats to REINSW award finalists
News

Congratulations to the REINSW 2020 Awards for Excellence finalists

The Real Estate Institute of New South Wales (REINSW) has announced the finalists for its annual Awards for…