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

Industry News

HIA warns CSIRO lab closure will slow housing innovation

The Housing Industry Association says shutting Australia's North Ryde fire-testing facility could push up certification costs and slow the delivery of new homes.

Industry News

Desperate renters snapping up capital city apartments in single-digit days

Rent.com.au's June snapshot shows medians rising again and units leasing faster, even as the pace of listing declines…

Image: created in Gemini
Industry News

Homeowners crush investors: the hidden suburb metric adding $148K to unit values

New Cotality data shows units in owner-occupier-dominated suburbs have grown almost 100% since 2010, with the gap tipped…

A move to force developers to make 30 per cent of homes built on public land affordable is cranking up pressure on the Albanese government. Image: Getty
Industry News

Bill could force affordable housing quotas on major federal land developments

Proposed law would require 30% of homes on Commonwealth land to be affordable, potentially changing project mix across…

News

REA appoints Katrina Konstas as Kul Singh departs after more than a decade

Katrina Konstas will take the commercial reins from September as long-serving executive Kul Singh exits.

ACT outpaces all states in annual property taxes per dwelling. Image: Getty
Industry News

ACT tops Australia’s property tax burden as NSW trails despite high prices

Annual property tax bills reveal sharp differences between states, with the ACT leading the nation

56% of both Gen X and Baby Boomers don't believe they'll be able to pass property on to future generations. Image: Getty
Industry News

Majority of Australians doubt property can build generational wealth

New research shows most Australians no longer believe property investment will let them pass wealth to their children,…

Historical data reveals that Australian property upswings heavily dominate downturns, with values rising an average of 32.3% over a 2.8-year period. (Source: Domain). Image: Getty
Industry News

Domain data points to mid-2027 property rebound

New cyclical analysis from Domain suggests the current downturn will be short-lived, with the next upswing hinging on…

Darwin home prices reached a median value of $635,000 in June, making it the only capital to resist the national slump. Image: Getty
Industry News

Darwin defies national slump as home prices fall for the third straight month

Affordability is now driving market performance, with regional areas and units outperforming capital cities and houses as buyers…

Regional markets continue to outperform, accounting for nine of the top ten locations this quarter. Image: Getty
Industry News

Regional towns sweep top spots in McGrath’s winter market index

Tasmania claimed half the top ten positions as regional markets outperformed capital cities on sales activity, pricing, and…

Industry News

Will AI ‘Millionaires’ Reshape Luxury Real Estate Buying Habits?

A new generation of tech founders wants turnkey wellness retreats, not renovation projects – and they're closing deals…

A $1 million budget has officially been demoted to the baseline entry price. Image: Getty
Industry News

The death of the ‘cheap’ family home: $1 Million is Australia’s new baseline

How soaring construction costs, population growth, and budget backlash pushed the baseline to seven figures

Industry News

Budget and deposit scheme could split market into winners and losers

Ray White's chief economist warns lower-priced suburbs propped up by first home buyer incentives are now most exposed…

New data reveals Perth prices are still growing even as buyer activity falls below pandemic-era lows. Image: Getty
Industry News

Perth property paradox: house prices hit $1M barrier as sales collapse to 15 year low

The city has entered seven-figure territory despite transactions sinking to their weakest level since 2011.

REA Group Economist Luc Redman reports that middle-ring capital city suburbs are dominating long-term home ownership tenures. Image: Getty
Industry News

The ‘20-year club’: Australia’s hardest-to-buy suburbs revealed

As national holding times average a decade, a select group of middle-ring suburbs are locking down supply as…

The Minns Government removes penalising surcharges on global capital as experts warn targeting international builders has starved Sydney of vital apartment construction. Image: Getty
Industry News

NSW reverses ‘worst own goal’ on foreign investor tax to boost housing supply

Industry hails decision to ax 9% surcharge on build-to-rent projects, calling a decade of punitive global restrictions a…

Investors pivot to off-the-plan apartments as Federal Budget tax changes drive strong demand for new-build housing across Australia’s major cities. Image: Getty
Industry News

Budget tax reforms spark 151% spike in off-the-plan apartment demand

Victoria leads national demand as off-the-plan apartment enquiries jump sharply following Federal Budget tax changes.

News

Parliament passes sweeping tax reforms: What real estate professionals need to know

A definitive breakdown of key dates, grandfathering protections, and structural market shifts for real estate principals, property managers,…

Commercial property is attracting renewed investor attention, with industrial and medical assets leading listing growth as tax reforms reshape investment strategies. Image: Getty
Industry News

Residential tax pain is commercial gain – the shift sparked by the Federal Budget

Federal Budget tax changes are expected to boost the appeal of commercial property, with investors increasingly eyeing industrial,…

Domain's FY27 forecast warns multiple rate hikes have slashed borrowing power, splitting the nation's housing market into fragments. Image: Getty
Industry News

Rate hikes bite: Sydney and Melbourne house prices set to fall

Domain's FY27 forecast warns multiple rate hikes have slashed borrowing power, splitting the nation's housing market into fragments.

Noosa homeowners hit the ultimate property jackpot this quarter, leading the nation with a $729,750 median gain. Image: Getty
Industry News

The buyers paying the price for Australia’s pandemic property boom amid record $38B property windfall

While most Australians are selling for record profits, new Cotality data shows buyers who entered the market around…

Industry News

Labor-Greens tax deal set to ignite real estate backlash as housing reforms edge closer

Greens support clears path for first tranche of tax reforms, with major changes to CGT, negative gearing and…

Toowoomba (QLD) was a favourite for metro movers this quarter, with a 236 per cent increase from the same time last year. Image: Getty
News

Toowoomba explodes with 236% growth as regional migration smashes all-time records

Record capital city exodus sparks a property gold rush in regional hubs as the national index hits its…

Industry News

Why Australia’s auction slowdown isn’t about a lack of buyers

A wave of nervous vendors pulling properties from the block drives the national clearance rate down to 48%,…

Industry News

‘Axe the tax’: Jane Hume slams proposed changes

Jane Hume has called on Labor to scrap its negative gearing and capital gains tax reforms, branding them…

Perth is at the centre of Australia's housing supply squeeze, with Western Australia adding 3.2 people for every new home completed over the year to December 2025. Image: Getty
Industry News

Housing supply race exposes winners and losers as WA and Qld fall behind

New ABS data reveals which states are keeping pace with housing demand, with WA and Queensland facing the…

National home prices held flat in May, with both Sydney and Melbourne recording falls for the third consecutive month. Image: Getty
Industry News

Three rate hikes finally hit housing market as Sydney and Melbourne lead the slowdown

REA Group's latest Market Snapshot shows higher interest rates are reshaping market conditions, with Sydney and Melbourne cooling,…

Prime Minister Anthony Albanese and Treasurer Jim Chalmers outline four major concessions to the Federal Government's controversial tax reform package. Image: created in Gemini
Industry News

Labor backflips on key CGT reforms after backlash

The Albanese Government has announced four major concessions to its proposed capital gains tax reforms, easing pressure on…

Darwin, Perth and Brisbane have led quarterly gains. Image: Getty
Industry News

Home prices climb 12% in sharpest annual gain since 2022 as rental vacancies hit record strain

Australia's median house price has climbed to $1.15 million as rental vacancies hit crisis lows, with the REIA…

News

$49k fines and forced 14-day lockouts: REIV fights back against chaotic consumer bill

Victoria's Consumer Legislation Amendment Bill 2026 could hit agents with fines of nearly $49,000 for not disclosing sale…

Cotality’s Head of Research, Gerard Burg. Image: LinkedIn
Industry News

Entry-level Brisbane apartments now more expensive than Sydney

Three previous RBA rate hikes erase gains from falling home prices as Brisbane units overtake Sydney's lower quartile…

Industry News

Balancing act: RBA holds cash rate amid softening economy

A definitive turning point for the property sector as economists, and real estate leaders analyse the path ahead…

Melbourne listings have been hit with wave of price cuts. Image: Getty
Industry News

Are buyers calling the shots in Melbourne’s housing market?

As more Melbourne listings undergo price reductions, realistic expectations and strong buyer relationships are becoming critical to achieving…

Harcourts SA and VIC appoint James Aubert as Performance Coach to support agent development across both states.
Industry News

Harcourts SA/VIC appoints James Aubert as Performance Coach

James Aubert brings real estate experience, relationship-focused leadership and a Bachelor of Psychological Science to a newly appointed…

David Alexander, Chief of Policy and Advocacy, ACCI. Image: LinkedIn
Industry News

‘No excuse’: rushed tax laws threaten wages and jobs

Peak business groups unite in unprecedented backlash as "snap" two-day Senate inquiry into Labor's massive capital gains tax…