Industry News
Breaking stories, regulatory changes, market data, and major developments across Australian and New Zealand real estate.
New listings tumbled 13.6 per cent in March
Vendors took their foot off the pedal last month, with new listings 8.8 per cent lower than the same time last year.
Richardson & Wrench Caboolture says cheers to 30 years
It was a simple house-and-land newspaper ad that brought Robyn and Peter Lachmund to Caboolture from Penrith.
Sophie Lyon takes on a new role at Real+
Leadership and property management expert Sophie Lyon has joined national training and consulting platform Real+, with a goal…
CommBank, NAB and Telstra named best companies to work for
Australia’s best companies to work for have been named with CommBank, NAB and Telstra taking top honours.
Home building unlikely to rise this year
Home building activity is unlikely to pick up this year given the volume of new home sales is…
Propic secures full Series D subscription, led by View Media Group
Propic has announced the successful closure of its Series D funding round.
Arresting development: Fremantle Police Headquarters ‘cells’ for $5 million
The heritage-listed Fremantle police station in Western Australia has been sold to a private buyer after the sales…
REIQ launches new video series to empower consumers
The Real Estate Institute of Queensland (REIQ) has launched a new video series that aims to help consumers…
Noosa’s newest prize: Waterfront icon sets new record
A two-bedroom Noosa Heads waterfront apartment has sailed away with a new record as the most expensive property…
Capital cities to outpace regional areas with price growth
The big capital cities are shaping up as the best buying opportunities in the next 12 months led…
Ray White New Zealand raises over $400,000 for charity
The Ray White network across New Zealand has spent the month of March, walking, swimming and riding to…
Tim Reardon: Attract foreign investors don’t tax them
Foreign investors are not to blame for Australia’s housing shortage and are actually one of the keys to…
Property market confidence is on the rise except for in Victoria
Industry insiders are feeling increasingly confident about the state of the property market, however, Victoria continues to lag…
Richardson & Wrench Double Bay primed for continued success
One of Double Bay's most reputed and longstanding real estate agencies is set for ongoing success with a…
How agents can win after the NAR commission case
It’s the “educated agent” that’s likely to succeed in a post-NAR commission landscape that the US real estate…
Tenant who subleased room and kept up to five cats ordered to leave rental
An ACT tenant who leased a room in her landlord's property on Booking.com and housed up to five…
Hundred4Harper raises $100,000 for childhood brain cancer research
Almost 250 people filled a gym on Sydney’s Northern Beaches on the weekend, sweating it out in a…
Almost zero: Perth’s vacancy rate falls again
Perth's vacancy rate is heading towards zero after hitting a new low of 0.4 per cent in March.
Millennials are the most active property investors in Australia
Millennials have emerged as the most active group of property investors in the country with new data showing…
The largest lollipop in the world hits the market
A property that sweet tooths will love has hit the market in regional Western Australia, boasting the largest…
Domain: The rental crisis could reach a turning point in 2024
Embattled renters could be in for some relief ahead with an expert predicting that the rental crisis could…
Secure your agency’s future with the Start Up Sorted Program
The Real Estate Agents' Lawyers - O*NO Legal has opened the doors to its Start Up Sorted Program,…
Spanish Government to cease ‘golden visa’ scheme for property investment
The Spanish government has initiated the process to discontinue the controversial "golden visa" scheme, which has offered foreign…
REIA launches action plan to tackle housing crisis and boost property management
The Real Estate Institute of Australia (REIA) has launched a Property Management Action Plan designed to simultaneously tackle…
Ryan Reynolds and Ryan Serhant headline AREC24
Hollywood celebrity and entrepreneur Ryan Reynolds and high-profile US agent Ryan Serhant will be amongst some of the…
Vacancy rates rise, but no relief for renters
The national vacancy rate has seen a modest increase in March, but renters are still under extreme pressure…
Connectnow to enhance the moving experience for more tenants
Leading utilities connection service, connectnow, has partnered with next-gen property management platform Managed, to enhance the home moving…
Landlords must prepare for ESG scrutiny in asset valuations
Landlords will need to prepare for more questions from valuers about an array of different Environmental, Social, and…
WA and QLD renters under extreme pressure
Life is not getting easier for renters with new data showing that tenants in Western Australia and Queensland…
Build-to-rent lift-off won’t solve the housing crisis
Build-to-rent continues to gather momentum in Australia, but it is unlikely to be the housing crisis saviour, according…
Perth house price rises 2.5 per cent to hit a new record
Perth’s median house sale price has hit a new record, rising 2.5 per cent to $620,000 in March.
The Block property listed for auction with surprise $1 reserve price
The luxurious home sisters, Eliza and Liberty, renovated on The Block 2023, has been listed for auction with…
National rents remained relatively stable in March
Despite record-low vacancy rates across the country, rents remained relatively stable in March according to new data.
Transforming the lives of refugees with homes in Australia
Property manager Sharon Burke doesn’t just help tenants find homes, she helps refugees start new lives in Australia.