Industry News
Breaking stories, regulatory changes, market data, and major developments across Australian and New Zealand real estate.
A platform to inspire and empower women
Taking home the title of Most Influential Woman in Property at last year’s REA Excellence Awards was more than just a personal triumph for Sarah Hackett, Managing Director and Co-founder of Place Estate Agents.
Laing+Simmons equip property managers with domestic violence training
Laing+Simmons have equipped their property managers to deal with domestic violence situations through a training session facilitated by…
Keystart limits increased in WA to reflect changing buying conditions
The Real Estate Institute of Western Australia (REIWA) has welcomed the State Government’s increase to the Keystart property…
Brisbane penthouse fetches $4.1 million at luxury apartment complex
One of two penthouses at one of southwest Brisbane’s most anticipated developments has been snapped up just weeks…
Capital city unit rents quickly catching up to houses
The gap between weekly house and unit rents has narrowed to just $30 across the combined capital cities.
Charles Caravousanos and David Walker expand to the Northern Beaches
Leading operators, Charles Caravousanos and David Walker from Ray White Upper North Shore are looking to expand on…
REIA urges home buyers to use the Home Guarantee Scheme
The Real Estate Institute of Australia (REIA) is calling for home buyers to make the most of 50,000…
Real estate credit is now Australia’s number one investment class
The private real estate credit market is now Australia's number one investment class by annual investment volume according…
Young people hate making phone calls – could it be hurting their careers?
Ironically, younger generations are using smartphones for anything but actual phone calls.
Rental prices start to stagnate as conditions ease
There has been some positive news for tenants, with the latest Domain Rent Report revealing rental prices are…
Retirement villages could boost housing for older Australians
Retirement villages are a significantly cheaper housing option for older Australians and they could also help free up…
Proposed minimum standards could have dire impact on rental ecosystem
The Real Estate Institute of Victoria (REIV) has called on the State Government to phase in new minimum…
Borrowers stuck in ‘mortgage quicksand’
One in eight borrowers is stuck in 'mortgage quicksand' after extending their loan term in a bid to…
The number of million-dollar suburbs set to surge
Nearly 100 new suburbs are set to join the million-dollar club after the recent surge in house prices…
Tarneit leads nation as the ‘greenest’ suburb for solar installation
Tarneit, in Melbourne’s western growth corridor, is emerging as one of the nation’s leading suburbs when it comes…
Property values hit new record in 2023-24 financial year
Australian property values soared 8 per cent in the 2023-2024 financial year, overcoming a significant slump from the…
Realestate.com.au raises the bar for top properties with Luxe
Property portal realestate.com.au has launched a new premium listing product, Luxe, which is designed to raise the profile…
The Studio Estate Agents expands into Quakers Hill, enhances service coverage in Blacktown areas
The Studio Estate Agents, a trailblazer in real estate services, proudly announces the opening of their second office…
Zillow, Redfin facing video privacy lawsuits
US-based, Zillow and Redfin are facing class action lawsuits over their alleged use of secret tracking pixels on…
Early signs of relief as rents finally decline
There are finally some early signs of relief for tenants, with capital city rents declining and vacancy rates…
Knight Frank and Bayleys complete McGrath acquisition
Knight Frank and Bayleys have completed their acquisition of McGrath Limited and announced a new board of directors…
Queensland property continues its impressive run
Property prices across Queensland continue to go from strength to strength and it’s forcing home buyers to think…
Cathie Crampton heads back to Belle Property
Cathie Crampton has been named Head of Property Management Growth and Performance and will be looking to grow…
Property manager saves elderly tenant from eviction and despair
When an elderly tenant called to say he couldn’t afford rent or food, Ray White Maroochydore Property Manager,…
Slim pickings for buyers with less than $750,000
The constant surge in house prices across the country is making life difficult for buyers according to the…
Inflation jump could spark interest rate rise
A 14th cash rate hike is once again on the table, after the monthly inflation rose to 4…
Property gains hit a 14-year high
Homeowners are cashing in on the back of rising prices, with profitable resales reaching the highest level since…
Chantelle Collin named partner at BresicWhitney
Head of Property Management at BresicWhitney, Chantelle Collin has officially become a partner, on the back of her…
Property prices set for more growth in the next year
Australian property prices are now expected to rise as much as 5 per cent in 2024, with a…
Luna Park expected to sell for about $70 million
Sydney’s iconic amusement park, Luna Park, has hit the market for the first time in two decades.
10 things to know about the NZ property market right now
Regulatory change is a huge theme for housing at present, so in this environment CoreLogic's Chief Property Economist,…
SA’s new rental laws to come into effect
South Australia's new rental reforms are set to take effect on 1 July and will see new rights…
Jay Giblett: mixing business and lifestyle in Endeavour Hills
A year ago, Jay Giblett often felt like he was robbing Peter to pay Paul.
Sales volumes rising in NSW, but WA’s hot run could be over
Sales volumes are on the rise across a host of suburbs in NSW, however, demand in Western Australia…