Industry News
Breaking stories, regulatory changes, market data, and major developments across Australian and New Zealand real estate.
Capital city home prices go up in a ‘resilient’ Australian property market
Median house prices in all Australian cities increased by 0.4 per cent during the September quarter, despite the…
Young gun agent sells $30 million in stratospheric seven weeks
In a fantastic run, real estate young gun Dion Markovics of Raine & Horne Double Bay has sold…
No takeover bid: The Agency
Contrary to news reports at the weekend, The Agency has asserted there is no takeover bid from Magnolia…
Ray White Rural donates $100k to help farmers put Christmas dinner on tables
A small foundation run by big hearts will help drought-stricken farmers put food on the table this Christmas…
2021 home interiors predictions
Property stylist and Vault Interiors founder, Justine Wilson, predicts that in 2021 interior styling will come back to…
Our 10 most listened-to podcasts of 2020
The Elevate podcast brings you the best minds in business and in real estate. Here are our 10…
Sydney and Melbourne set for high capital growth in 2021
From a Buyer's Market to a Seller's one: Sydney and Melbourne are projected to deliver 8 - 12…
Auctions clock 75.1 per cent preliminary success rate
The preliminary clearance rate is sitting at 75.1 per cent after a weekend that saw 2065 auctions held…
2 in 3 Aussies better off due to restrictions and govt stimulus
2 in 3 households said restrictions and Government stimulus resulted in more money in their hip pocket: financial…
Homely reaffirms their commitment to real estate agents
Homely.com.au has reaffirmed their stance as an agent-friendly real estate portal, confirming today they will continue as an…
First home-buyers dominate for the first time in 10 years: REIA
Australia has recorded a ten-year high for first homes buyers in the last quarter, according to the latest…
Australia’s housing market continues the recovery trend: CoreLogic
Australia's housing market continued along a recovery trend in November amid the coronavirus-driven recession.
Cash rate not expected to lift for three years
"From a housing market perspective, home buyers are clearly responding to the unprecedented levels of stimulus available," With…
Detached house building approvals hit a 20-year high
"October 2020 was the best month for new detached house building approvals in almost 21 years,"Master Builders Australia…
1.1 million Aussies plan to sell their houses in the next six months
DFA’s survey data concluded that over 1.1 million Australians intend to sell their property in the next six…
50 lenders now offer mortgages under 2 per cent
There are 50 lenders now offering a total of 126 home loan under 2 per cent. That's 40…
89 per cent of property experts want land tax not stamp duty
Finder's RBA cash rate survey: 89% of experts support axing stamp duty nationally News highlights: Majority of respondents…
HomeBuilder extension announced
The Federal Government has announced an extension of the HomeBuilder grant in a move that’s been widely welcomed…
Melbourne overtakes Sydney as busiest auction market
The preliminary clearance rate has held firm, keeping pace with a rise in auction volumes this weekend as…
Cancelling rental debt would be ill-informed and cause mayhem: REIV
The Real Estate Institute of Victoria has hit out against calls by tenancy advocate groups to cancel all…
Property Council implores Qld Government to support build-to-rent projects in Budget
Ahead of Tuesday's budget, the Property Council of Australia is urging the Queensland Government to match the commitments…
‘Building Stronger Homes’ to make Aussie buildings more fire resilient
The Master Builders Australia and the Insurance Council of Australia brought together a number of peak construction industry…
Stamp duty is a terrible tax – its evils are well understood: Property Council
This week, State Treasurer Tim Pallas announced the Victorian Government would be slashing stamp duty. It's not the…
Confusion surrounds whether pets are allowed in NSW apartments
The recent decision preventing Owners Corporations from blanket bans on pets in New South Wales apartment buildings, meaning…
Sydney’s prestige property market to soar in 2021: Knight Frank
Sydney’s prestige residential price growth forecast higher than global average: Knight Frank has released its Prime Global Forecast…
Vic Budget: Renters and owners to benefit from $797m household energy package
The Victorian Budget 2020/21 has promised what the Andrews Government are calling "the biggest household energy efficiency package in any…
Renters in Victoria soon won’t have to deal with dodgy heaters and insulation
Victoria has outlined a watershed energy efficiency stimulus package, but how will it work and will the Federal…
Market update: Which regional areas are on the rise?
The CoreLogic Regional Market Update, which looks at capital growth over the 12 months to October in Australia's…
REIACT Awards 2020: All the winners
The ACT’s real estate sector came together on Saturday night to celebrate its’ achievements and recognise outstanding performers…
Rules relaxed for Victorian inspections and auctions
Victorian Premier Daniel Andrews has announced further relaxations to the state's COVID-19 restrictions. Open for inspections and in-person…
