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Breaking stories, regulatory changes, market data, and major developments across Australian and New Zealand real estate.

Industry News

Fleeing the CBD: Australia’s rising rents force tenants to the fringes

Australia’s combined capital city rents have soared a further 10 per cent in the year to September, with tenants forced to look further away from the CBDs to find cost-effective properties.

Industry News

Perth and Adelaide tenants battle skyrocketing enquiry rates amid rental crisis

Tenants in Perth and Adelaide are facing increasingly tough rental conditions, with super low vacancy rates sending enquiry…

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Ballarat’s $3 million project adds 11 new homes for vulnerable Victorians

Delacombe, in the historic regional Victorian city of Ballarat, is the location of 11 new social and affordable…

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New McGrath Lithgow and Rylstone offices evidence of surging demand from city buyers

McGrath Central Tablelands has launched a second and third office in the space of three months, with the…

Industry News

Can housing keep up with Australia’s forecast population boom?

Australia’s population is set to grow by $7.4 million by 2041, requiring an extra two million homes across…

Industry News

Rental costs rise sharply as vacancy rates hit record lows across Australia

The top 25 regions in the nation in Suburbtrends’ Rental Pain Index all scored either 100 or 99,…

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One in 10 young adults forced to move back in with their parents

Increasing numbers of younger Australians are being forced to move back in with their parents as the cost…

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First-home buyers dominate the NZ market

The number of New Zealand property sales in September were 8 per cent higher than a year ago,…

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Landlord scores partial win in tussle over burst pipe claim

An Australian landlord is set to recover some of their $15,400 renovation costs following a ruling by the…

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November sellers can achieve a premium price

Homeowners who want to sell should consider selling in November, with new data showing that sellers achieve a…

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Transparency and efficiency: Why you need to get an inspection report upfront

Transparency is the key to establishing trust in any industry, but it holds particular significance in Australian real…

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Borrowers are slashing non-essential spending as rates bite

Rising interest rates are forcing borrowers to cut back, with new research showing that Australians are trimming their…

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Simon Cohen and Joshua Meli join forces to help everyday Aussies build wealth through property

Leading property buyer’s agent and Cohen Handler Chief Executive Officer Simon Cohen, has joined forces with Joshua Meli…

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Industry welcomes extension of WA stamp duty relief

The move by the WA government to extend stamp duty relief on apartments that are under construction is…

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Andrew Bell set to hand over the reins of Ray White Surfers Paradise Group

Queensland real estate icon Andrew Bell OAM has announced his succession plans for Ray White Surfers Paradise Group…

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Adapting to thrive: How Liam McAlister’s Darwin-inspired philosophy drives his real estate success

Liam McAlister is a big believer in Charles Darwin’s Origin of Species and that it’s not necessarily the…

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Propertyology boycotts Victorian real estate

National property market analysts and buyers’ agency, Propertyology, will boycott investing in Victorian real estate until the State…

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Industrial assets to remain an investor favourite for now

Industrial property has been hot over the past few years, however, as alternative assets continue to gain attention…

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NSW and Queensland vacancy rates take another dip

Vacancy rates across NSW and Queensland dropped in September, signalling a growing rental crisis.

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Top investment locations that renters can afford to live in

Rising rents have been putting the squeeze on tenants while at the same time, boosting yields for investors.

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Tight stock levels prop up spring clearance rates

Tight stock levels and rising prices around the country are continuing to help boost auction clearance rates according…

Industry News

600,000 potential granny flat sites identified to help with housing crisis

More than 650,000 properties are suitable for the construction of granny flats across Australia’s three largest states, according…

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Tenants awarded compensation for mould damaged rental

A New South Wales landlord has been ordered to pay $14,766 in compensation to her tenants after her…

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Investors can still find affordable options 

Despite near-record high property prices across the country, there are still affordable locations for investors, according to a…

Industry News

Sydney and Melbourne’s southeastern suburbs emerge as wise investment choices for 2024

Sydney and Melbourne’s southeastern suburbs are shaping up to be investment hotspots in 2024, courtesy of improved infrastructure,…

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New listings up annually but dip in September

Vendors have returned to the market this Spring, with new data from PropTrack showing that new listings are…

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Supporting local artists, the community and charities with The Studio

For the past two years, Laing+Simmons Young Property in Avalon has been trying to give back and support…

Industry News

Building a house ‘one room at a time’

We’ve all heard about building a house one brick at a time, but an innovative new construction approach…

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RBA getting on top of inflation as borrowers cut back

The Reserve Bank of Australia’s (RBA) aggressive cash rate hikes are starting to have the desired effect on…

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More pain for Perth tenants as the vacancy rate tightens again

In a blow for Perth renters, the vacancy rate has fallen again after only recently showing signs that…

Industry News

Pressley’s proposal: Why stamp duty should be swapped for a Medicare-style housing levy

Leading property analyst Simon Pressley has called on stamp duty to be abolished and replaced with a three…

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Has the bank of Mum and Dad shut its doors?

Despite record-high property prices and surging interest rates, just 1-in-10 first-home buyers are tapping into the bank of…

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How’s the serenity at this all black Noosa Heads home

In Queensland's serene Noosa Heads, there stands a home that defies conventional expectations – a home as dark…

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Australian households still managing to service their mortgage

Australian mortgage holders remain susceptible to financial stability risks, as higher inflation and rising interest rates continue to…

Industry News

Vacancy rates plummet to another record low

National vacancy rates have tumbled to yet another record low, with three capital cities recording a vacancy rate…