Industry News
Breaking stories, regulatory changes, market data, and major developments across Australian and New Zealand real estate.
Industry calls for review of Queensland tenancy laws
Queensland's real estate sector is pushing for a comprehensive review of recent tenancy law changes, with concerns about their impact on the housing market.
Darwin and Melbourne the top property picks for 2025
A new report has identified some unexpected hotspots, with Darwin and Melbourne leading the way as top investment…
Sydney’s affordable housing scheme set for major overhaul
The City of Sydney is pushing forward with significant changes to its affordable housing scheme, aimed at dramatically…
Houses outperform apartments in New Zealand
House prices have shown stronger growth compared to apartments over extended periods, with land value playing a crucial…
Victorian tourist town sees surge in property listings but no rentals
The popular Victorian tourist town of Bright is experiencing a big surge in property listings, with 100 homes…
Government fast-tracks 5,000 new social homes in housing push
The Government has announced an accelerated second round of the Housing Australia Future Fund (HAFF) to deliver 5,000…
Regional divides increase in 2024
The property market is experiencing differences in growth across the country, with some areas showing strong gains while…
Property prices rise as markets shift
Property prices continue their upward trajectory with the national median house price reaching $1,050,370, marking a 6.2 per…
Trump organisation expands its Middle East presence
The Trump Organisation is set to significantly expand its presence in Saudi Arabia with plans for multiple luxury…
Listings hit multi-year highs despite November slowdown
The market is experiencing its highest November listing levels since 2020, despite a monthly decline in new properties…
Confidence rises, but housing supply and construction challenges persist in property sector
The December 2024 Procore/Property Council Industry Sentiment Survey paints a complex picture for Australia’s property industry.
Blue chip New Zealand property outperforms
New Zealand’s high-end properties and certain regional areas are showing strength and outpacing much of the broader market,…
Perth steals the show in a year of resilience
CoreLogic’s Best of the Best 2024 report reveals a year of surprises and resilience in the Australian property…
American and Middle East buyers dominate luxury European property market
Wealthy American and Middle Eastern buyers are driving the super-prime property market in Europe, accounting for half of…
Point Piper’s Wolseley Road claims title as Australia’s priciest street
Wolseley Road in Sydney's Point Piper has cemented its position as Australia's most expensive street, with median house…
RBA leaves rates on hold with inflation still “too high”
There’s no relief for mortgage holders just yet, with the Reserve Bank of Australia leaving the official cash…
Energy Ratings gap reveals new selling point for modern homes
Modern homes built after 2010 achieve nearly double the energy efficiency rating of older properties, creating a compelling…
London design firm to create ultra-luxury Sydney residences
World-renowned luxury design firm Banda Property is set to make its Sydney debut, designing interiors for an exclusive…
Canada to crack down on Airbnbs
The Canadian government has unveiled plans to help cities crack down on Airbnb and other short-term rental properties,…
Experts forecast first rate cut in May
Experts are predicting interest rates will remain elevated until at least May 2025, as the Reserve Bank maintains…
Moving home triggers major lifestyle changes for Australians
Two-thirds of Australians use moving house as an opportunity to transform their lifestyle and financial habits, according to…
Property market set for big changes in 2025
The property market is poised for significant changes in 2025, with rate cuts expected and emerging trends reshaping…
Brisbane and Adelaide set to join the million-dollar club
Brisbane and Adelaide are set to join Australia's million-dollar median house price club by the end of 2025,…
Dwelling approvals surge to highest level in nearly two years
Australian dwelling approvals have reached their strongest levels since 2022, signalling a strong recovery in the construction sector…
Realestate.co.nz declares 2024 a ‘Goldilocks’ market
New Zealand’s housing market has hit a sweet spot for both buyers and sellers, according to the latest…
NSW Government unlocks land for 2,300 new homes in Western Sydney
A significant parcel of unused land in Western Sydney's growth corridor will be transformed to deliver approximately 2,300…
Property price growth slows as markets await rate cuts
Momentum is cooling across Australia's major capital housing markets, with monthly gains slowing to 0.4 per cent despite…
Property Prices Keep Rising Despite Market Headwinds
According to the PropTrack Home Price Index released today, national home prices have risen for the 23rd consecutive…
Luxury treehouses become multi-million dollar retreats
Celebrity treehouse builder Pete Nelson is transforming childhood dreams into million-dollar luxury retreats.
Six skills to win in 2025 according to your accountant
The skills required to succeed in your career and business are changing rapidly as technology and society evolve.
Queensland leads the nation in housing activity
Queensland has emerged as the frontrunner in residential construction activity, driven by a significant influx of interstate migration…
Top 10 affordable investment hotspots under $500K
For your buyers seeking affordable investment opportunities, new research from Washington Brown, powered by Hotspotting, has highlighted Australia’s…
Renovations outpace new builds as homeowners opt for upgrades
Homeowners are increasingly choosing to renovate rather than build new homes, with renovation spending now accounting for 40…
Is a rate cut out for 2024 as inflation holds steady?
The Reserve Bank of Australia (RBA) is expected to hold the cash rate steady at its final meeting…
REIV has concerns about Victoria’s new rental reforms
The Victorian Government has unveiled sweeping new rental reforms to protect tenants, including stricter rules on rent increases,…