Industry News
Breaking stories, regulatory changes, market data, and major developments across Australian and New Zealand real estate.
Monica, Marge, and Carrie: the TV homes we take design inspiration from
There's a long running joke about the likelihood of the characters from Friends actually being able to afford those spacious Manhattan apartments they live in.
Top student housing company offers 20,000 quarantine spots to rebuild industry
A recent report on the $32 billion international student industry paints a dire picture.
Vic Government announces biggest public housing project in Australian history
The Victorian Government has announced a historic $5.3 billion social housing project that will see over 12,000 public…
Success magazine bought by eXp World Holdings
Leading business magazine Success and all related media properties have been bought by eXp World Holdings.
Over three-quarters of auctions successful this week
The preliminary clearance rate has come in at a healthy 75.1 per cent this week after 1739 properties…
REINSW has big plans for the state’s strata schemes
REINSW's Strata Management Chapter Committee has outlined a number of changes they would like to see made to…
‘Pain before gain’ – Investors will return with the international students
“Investors who already own property and are suffering may want to hang in there for another six or…
Eagle Software brings QR Codes to contactless inspections
Eagle Software have harnessed the power of QR Codes to assist agents in performing contactless inspections.
How are renter-landlord relations faring in the pandemic?
Researchers from RMIT University and the University of Adelaide have teamed up for a study that reveals the…
Optimism returns to the property market: report
Positive sentiment has returned to the property market, according to ME’s latest Quarterly Property Sentiment Report.
PICA secures landmark green solar deal for its strata buildings
PICA Group has announced a new green solar energy deal, which will see 64 of its strata buildings…
Inner-Sydney vacancy rate at an all-time high
REINSW has released its Vacancy Rate Survey results for October, which show vacancies across Sydney continue to rise,…
Use Maslow’s hierarchy of needs to improve your real estate listings
A home is often the single latest investment a buyer will make, so it helps to address their…
Flexible leases and satellite spaces: the future of office real estate
The findings note the expectation is that physical office spaces will play a key role as a hub,…
Domain and REA Group shares soar
Fuelled by hope of a new dawn as a fresh president is elected in the US, the Australian…
Auckland is the global leader in luxury property price growth
Sydney, Perth and the Gold Coast have aslo ranked upon the top cities in the world for luxury…
New Climate Change Bill will impact building industry
A bill introduced in the Australian Parliament today which aims to reduce emissions to net zero by 2050…
Mortgages cheaper than rents in over half of Australian suburbs
A new report from Aussie and CoreLogic shows that it is cheaper to pay down a mortgage than…
Canberra leads the slow return to CBDs
The latest survey of CBD office occupancy by the Property Council of Australia shows that workers are slowly…
Mining and remote work drive the COVID-19 regional shift
An in-depth report from realestate.com.au paints a compelling picture of a mass exodus from cities.
Outback NSW blocks sell for $1 at auction
Eighty properties dotted across far-west of regional NSW went under the hammer last weekend, with some landlocked blocks…
Banks start accepting further First Home Loan Deposit Scheme applications
The Housing Industry Association (HIA) welcomes the news that banks will start accepting loan applications for the New…
Home loans dive under 2 per cent, with all eyes on the big four
Sally Tindall, research director at RateCity.com.au, said all eyes were now on the big four banks, which hold…
Cash rate cut will improve housing affordability – if banks get on board
The RBA's decision to cut the official interest rate to a historical low of 0.10 per cent will…
Cash rate cut to new historic low
The Reserve Bank of Australia have cut the cash rate by 15 basis points to a new historic…
HomeBuilder is working for now, but a second cliff is up ahead
A 15.4 per cent leap in the number of dwelling approvals and a 25.3 per cent rise in…
A fifth of Aussies in a better position to buy a house thanks to COVID-19
A fifth of Aussies in a better position to buy a house thanks to COVID-19 New research has…
REIQ appoints two new board directors
The Real Estate Institute of Queensland announced the appointment of two new directors to its board.
Dwelling approvals and construction loan commitments surge
The number of dwellings approved rose 15.4 per cent, according to ABS data released today.
‘Bureaucratic inefficiencies’ keeping real estate agents unemployed
The Real Estate Institute of NSW has hit out at Fair Trading for bureaucratic inefficiencies that are keeping…
Australian housing values are rising, after five months of declines
Following what CoreLogic refer to as "five months of consistent declines in residential property values", the national home…