Industry News
Breaking stories, regulatory changes, market data, and major developments across Australian and New Zealand real estate.
Sydney and Melbourne’s unit markets struggle despite affordability gains
Despite improving affordability in some areas, certain unit markets in Sydney and Melbourne are failing to attract buyers, according to new research from CoreLogic.
September property listings hit highest levels since 2015
Sellers are embracing the spring selling season, with new property listings in September 2024 reaching their highest volume…
Parliament urged to pass housing legislation
The Property Council of Australia is calling on Parliament to pass the federal government's housing legislation without delay,…
Victoria’s property market faces challenges amid high taxes
Victoria's once-booming property market is now struggling to keep pace with the rest of Australia, according to a…
Tasmania leads property boom with 233% gains, while NT lags
Property prices in Tasmania have surged by an impressive 233% over the past 20 years, leading the nation…
ANZ predicts property prices to rise 5.5 per cent in 2025
Australia's capital city housing markets are expected to see continued growth in 2024, with prices forecast to rise…
Rental market pressures ease as growth slows
Australia's rental market is showing signs of easing, with the pace of growth slowing and more properties becoming…
Australian tenants lead worldwide adoption of rental tech
Australian renters are leading the way with property technology, and in the process enhancing their rental experience with…
Eviction rates highlight rental struggles in NSW’s outer suburbs
Tenants in Far Western NSW and outer Sydney suburbs are facing the highest risk of eviction, according to…
Building approvals decline raises concerns for housing targets
Building approvals for new homes in Australia have fallen significantly, raising alarm bells for the nation's housing targets.
Rental boom could be done and dusted
It looks like relief is on the way for struggling renters, with the rental market across Australia having…
Affordable homes outpace luxury market in price growth
Cheaper properties have experienced the strongest price growth over the past year, according to a leading property expert.
Housing market growth slows as spring listings surge
The Australian property market is showing signs of a slowdown, with national dwelling values rising by just 0.4…
Spring Surge: affordability pressures rise as listings climb and market growth slows
Home values increase in September but increased property listings are offering buyers more choice. Meanwhile, increasing affordability challenges…
Metricon Homes retains top spot as Australia’s largest home builder
Metricon Homes has maintained its position as Australia's largest residential builder for the ninth consecutive year, according to…
Industry warns against rent controls
Queensland's property industry is sounding the alarm over potential rent controls, warning they could further reduce rental availability.
Million-dollar suburbs hit record high despite affordability concerns
The number of Australian suburbs with median house or unit values of $1 million or more has reached…
Tight supply drags on property industry confidence
Property industry confidence remains stable despite concerns over tight levels of supply, according to the Property Council.
Higher taxes won’t solve housing crisis
Increasing taxes on housing will exacerbate affordability issues, according to the Housing Industry Association (HIA).
Aurora Realty: setting the standard in property management
Aurora Realty is quite a force in the property management industry, renowned for its dedication to enhancing the…
Government considers changes to negative gearing and capital gains tax
The federal government is exploring potential modifications to negative gearing and capital gains tax concessions, a move that…
Innovation and focus on workplace culture drive the future of property management
The property management industry is seeing a rapid transformation, driven by rising revenues and new technology adoption, according…
Low-income Australians priced out of rental market nationwide
A new report reveals that Australians on the lowest incomes are facing severe rental stress across the country,…
Jellis Craig introduces new real-time vendor platform
Melbourne real estate group Jellis Craig has launched a new digital platform that it hopes will redefine transparency…
Domain launches Spring campaign to empower agents and guide buyers
Real estate platform Domain has unveiled its new Spring campaign, focusing on the trade-offs Australians face when choosing…
Nicole Jacobs joins Cohen Handler as Managing Director for Victoria
Leading Melbourne buyers advocate Nicole Jacobs has partnered with Cohen Handler to lead its Victorian operations.
Housing affordability reaches worst level on record
Housing affordability in Australia has deteriorated to its poorest level since records began, according to a new report.
Student housing sector to thrive despite international cap
Australia's student accommodation sector is expected to remain resilient despite the Federal Government's proposed cap on international student…
Affordable options still available for buyers with a small deposit
Despite rising property prices, there’s still hope out there from buyers with a deposit under $100,000.
Population growth outpaces housing supply
Australia's population has hit 27 million, growing at a pace that is outstripping new housing supply, according to…
Buyers take the lead as listings surge
Buyers are back in the driver's seat with surging property listings across the country providing more opportunities and…
Housing affordability measures fail to capture true costs
Current housing affordability measures are not accurately reflecting the real housing costs for lower-income households, according to new…
Industry wants more houses, not student caps
The government needs to do more than just cap international student numbers to deal with the housing crisis…
Proposed tax reforms would make negative gearing only available to some investors
A new report from RMIT University suggests using Australia's tax system to incentivise property investors to improve conditions…
Markets predicting four rate cuts next year
Financial markets are pricing in four interest rate cuts in 2025, potentially bringing some relief to struggling Australian…