Industry News
Breaking stories, regulatory changes, market data, and major developments across Australian and New Zealand real estate.
Million-dollar milestones: Australia’s next wave of suburbs on the rise
More than 160 suburbs could join the million-dollar club in the next 12 months, according to research from PropTrack.
Cash rate likely on hold, but a cut looms
Experts are predicting the Reserve Bank of Australia will be leaving the cash rate steady in August, but…
Gold Coast’s ‘view tax’ sparks outcry
The Real Estate Institute of Queensland (REIQ) has hit out at the City of Gold Coast for slugging…
Townhouses surge: Transforming NZ’s housing landscape
Townhouses have become a significant growth component for the New Zealand housing market, making up almost half of…
Demand for high-quality offices drives down vacancy rates in capital city CBDs
Office vacancy rates have fallen in half of Australia’s CBDs, with demand for space, particularly high quality offices,…
One-minute data: Home price growth continues
National home prices have increased 0.08 per cent in July and are now 6.3 per cent higher than…
View Media Group buys The Property Agency
View Media Group has acquired property communications agency, The Property Agency, as part of a wider growth plan…
Is Ryan Serhant still selling the world’s tallest penthouse?
Central Park Tower's priciest penthouse that was listed for US$250,000 with high-profile agent Ryan Serhant has been withdrawn…
The secret to a successful high-stakes negotiation
To achieve the best possible result for your vendor, you need to leave your emotions at the door,…
Inflation is up but what does that mean for interest rates?
Inflation climbed 1 per cent in the June quarter and 3.8 per cent annually, according to the latest…
Barry Plant Eastern Group opens its new Whitehorse Super Office
Barry Plant Eastern Group is looking to set a new standard with the opening of its Whitehorse…
Sporting sanctuaries: Homes with gold medal features
As the Paris 2024 Olympics captivate the world, luxury real estate across the country is reaching for gold…
Unprecedented wealth transfer set to impact low to middle-income suburbs
Australia is on the brink of an unprecedented $3.5 trillion wealth transfer over the next two decades, in…
Barry Plant joins forces with Propic for AI-driven solutions
Barry Plant is moving towards a ‘CRM-first’ culture, after partnering with Propic as they look to use technology…
South Australia ranked top economy in the country
South Australia’s property market is booming and the state has also been crowned the top economy in the…
Peter Brewer joins forces with Tenancy Skills Institute
Real Estate Institute of Queensland (REIQ) Chair, Peter Brewer, has been appointed as a Strategic Partnerships Ambassador for…
RE/MAX members stay curious at network’s annual conference
Staying curious, adopting change and adapting as innovation takes hold in a rapidly changing world, were the driving…
Realestate.com.au helps Australians to ‘keep moving’ in new brand campaign
The ups and downs Australians experience when finding a new home takes centre stage in realestate.com.au’s new brand…
NSW no-grounds evictions to hurt, not help, tenants
Proposed tenancy reforms, including ending no-grounds evictions, will harm not help NSW renters, according to the Real Estate…
A starter home in the US now costs $1 million
Australia isn’t the only country that’s witnessed a staggering rise in property prices over the past few years,…
Data insight: Immigration brings retail assets back to life for now
Record-high immigration levels have revitalised retail assets and boosted sentiment nationwide, but there are still headwinds for the…
Federal Government needs “bulldog” to tackle housing crisis head-on
The Federal Government needs to appoint a “bulldog” to champion solving the housing crisis and bring together all…
Data insight: Property prices don’t care about high rates
Property markets continue to tick higher, despite high interest rates and cost of living pressures, however, there is…
Investors give Melbourne property a ‘wide berth’
Property prices are on the rise across the county, however, Melbourne continues to lag behind other major capitals.
REIQ wants 70 per cent home ownership by 2032
Three months out from the Queensland State Election, the Real Estate Institute of Queensland has called on the…
PM’s making a difference behind the scenes
Property managers have one of the toughest jobs in real estate, but that doesn’t stop them from going…
Douglas ‘Fast Hands’ France fights for rare cancers at Corporate Clash Macarthur
Douglas France might be used to fighting for listings in Sydney's tough Western Suburbs markets, but when he…
European dream: Transforming a €1 Sicilian vacation home
In Europe, it’s not uncommon for small towns and villages to sell off old rundown properties for €1…
One-minute data: Australian house prices hit record highs, but growth slows
House prices in Australia's capital cities have reached new highs for the sixth consecutive quarter, but the pace…
Data insight: Regional properties outperform cities in rental yields
Regional property markets are obtaining higher rental yields for investors compared to their city counterparts, according to new…
View.com.au integrates Apartments & Developments
View Media Group (VMG) has integrated apartment and development project listings into the 'buy' section on view.com.au.
REIV urges tax reform after new home starts plummet
The Real Estate Institute of Victoria (REIV) has called on the State Government to modernise its property tax…
Palm Beach gets a ‘glow up’ with new apartment developments
The Gold Coast’s Palm Beach is in the midst of regentrification, with numerous new luxury apartment developments popping…
One-minute data: rental market remains tight despite slowing growth
National rents have remained unchanged over the June quarter, with the median weekly rent holding steady at $600…
NAB strategically cuts fixed rates
National Australia Bank (NAB) has made a “strategic” move in slashing its three-year fixed rate as the Reserve…