Industry News
Breaking stories, regulatory changes, market data, and major developments across Australian and New Zealand real estate.
Sydney’s vacancy rate rises, regional rates remain historically low
Residential rental vacancy rates have risen to 4.3 per cent in Sydney according to REINSW.
Key industry groups respond to big-spending Federal Budget
As the dust settles on the 2021-22 Federal Budget, some of Australia's key industry groups have weighed in…
Welcome return of CBD workers in Brisbane
Skilled trades in high demand in the March 2021 quarter
A Budget right for its time
There’s plenty for the property industry to like in the 2021 Federal Budget, not because of any specific…
Federal Budget 2021-22 – Relevant points for real estate
The government has revealed a far more optimistic picture of Australia’s future in a Federal Budget that tackled…
Openn Negotiation announces plans to list on ASX
Australian property technology company, Openn Negotiation has lodged a prospectus with the Australian Securities and Investment Commission, seeking…
SA market update – 2021 March quarter
Adelaide's property market has climbed to a new record median price.
Property Council welcomes infrastructure commitment in Federal Budget
The Property Council of Australia has welcomed the Federal Government's strengthened infrastructure commitment and details of major new…
Online Yatala industrial market thriving in 2021
Yatala's industrial market is thriving in 2021, according to Ray White Commercial.
The Agency breaks six suburb records on Central Coast in two months
NSW’s Central Coast property market has been booming since COVID history last year and The Agency’s local team…
Property positivity hits one-year low despite rising house values
House values are continuing to climb throughout the country but fewer than half of Australians believe now is…
Family Home Guarantee revealed as focus shifts to Federal Budget
Treasurer Josh Frydenberg has announced additional measures to support Australians seeking to secure their own home.
Second busiest auction week of the year
This week proved the second busiest auction week of the year, with 3033 properties taken to auction across…
HIA welcomes new National President & Vice President
The Housing Industry Association has announced the appointment of a new National President and Vice President.
Red hot markets to heat up cold winter predicts Raine & Horne
Raine & Horne expects a 90 per cent increase in property appraisals in April.
Laing+Simmons Kingsford marks 35 years
Laing+Simmons Kingsford has celebrated 35 years as part of the network.
REA Group announces results for nine months to March 31
REA Group has announced its results for the nine ending March 2021, with revenue of $655.9 million and…
Australia’s residential real estate value has now surpassed $8 trillion
CoreLogic has announced its estimate of the total value of residential real estate in Australia has now reached…
Top architectural prize awarded to Australia’s ‘Renaissance man’
The Australian Institute of Architects has this year awarded its Gold Medal to 'Renaissance man', Mr Donald (Don)…
Workers return to the Sydney CBD as the ‘new normal’ takes shape
Office occupancy rates are improving in Sydney, according to the Property Council.
Detached dwelling approvals reach new record
Detached dwelling approvals reached record levels in March, according to the ABS.
Canberra auction clearance rates reached record high in April
Domain has released its Auction Report for April, showing clearance rates in Sydney and Melbourne have declined slightly…
Rent.com.au launches RentPay platform in Apple and Google Play stores
Rent.com.au has released its long-awaited RentPay platform to the public, with the application now available in both Apple…
Sorted and REIP team up for listing and applications platform
Proptech innovator Sorted has joined forces with leading Australian industry body Real Estate Industry Partners (REIP), to launch…
Three sites in Western Sydney with approval for apartments to be sold
Receivers and managers have appointed Ray White Commercial and CBRE to sell three sites in Sydney's west.
Perth prestige property prices power ahead
Knight Frank has released its Prime Global Cities Index for the first quarter of 2021, which shows prime…
PropTech powerhouses join forces for seamless sales experience
The international marketing and print solutions reputation of both Diakrit and Printforce, paired with the world-class end-to-end sales…
First-home buyers drive housing market
First-home buyers have been a major driver of new home loans over the past six months.
Home loan commitments reach new record levels
The ABS has reported new loan commitments for housing have reached a new record high of more than…
RBA leaves official cash rate at historic low at April meeting
The Reserve Bank has once again opted to leave interest rates at the historic low of 10 basis…