Industry News
Breaking stories, regulatory changes, market data, and major developments across Australian and New Zealand real estate.
Ray White Upper North Shore welcomes top trainer
Tom Van said his skill set centres around continued growth and fine tuning an agent’s business to operate at a high level.
Fisherman Bay has Australia’s most serviceable mortgage repayments
Buyers looking for the most economical towns and suburbs where mortgage repayments are manageable should head to Fisherman…
Profitability is the number one concern for agency bosses
Profitability has been named the biggest challenge in the real estate industry courtesy of falling transaction volumes, according…
States desperate for social housing as rough sleeping numbers spike
The government needs to build 6000 new social houses every year for the next decade to end homelessness…
Your chance to own a former theme park
The former Fantasy Glades theme park in Port Macquarie is up for sale with potential buyers able to…
Herron Todd White: $750,000 won’t buy you as much as it used to
The surge in property prices since 2020 has left many homebuyers out in the cold, with fewer options…
REIA hits out at Greens over rental inquiry fiasco
The Real Estate Institute of Australia (REIA) has slammed the Greens over the party’s decision to block the…
Sydney and Melbourne jump up the liveability rankings
After tumbling down the liveability rankings during government-imposed COVID-19 lockdowns, Sydney and Melbourne have bounced back in 2023.
House prices have doubled in two years in some regional areas
The surge in regional house prices has seen values in a number of locations double in just over…
Investment property listings skyrocket in capital cities
The number of investment properties hitting the market has soared past decade-long averages in three capital cities, despite…
National housing market set to recover next financial year
House prices in Sydney, Adelaide and Perth could have fully recovered from the 2022 downturn and reached new…
NZ home sales record first annual increase in two years
After being battered by one of the sharpest tightening cycles in the world, there are signs that the…
Failed QLD land tax has seen investors flee
The Queensland government’s failed attempt to introduce an expanded land tax has done long-term damage to the state’s…
Share house demand surges across the country
Rapidly rising rents and a lack of rental properties are forcing renters to return to share houses in…
New AI tool lets agents in on secret off-market opportunities
One of the original founders of Pricefinder has launched an AI-powered tool to help real estate agents generate…
Recent borrowers could end up spending 50 per cent of their income on their mortgage
Homeowners could be soon forking out up to 50 per cent of their income on mortgage repayments if…
NSW vacancy rates ease but crisis not over
Vacancy rates have lifted across some parts of NSW but the state’s peak industry body has warned the…
New home sales rise in May but remain low
New home sales have increased for a second month, however, they still remain sharply lower than the same…
Flagstaff Hill the top pick for house investors
South Australia’s Flagstaff Hill has been named the country’s top suburb for house investors, with a strong median…
Wealthy migrants flock to Australia for schools, lifestyle and financial safety
If you could live anywhere, where would it be? For the world’s wealthy, Australia is a top pick.
New listings push higher as stock levels slowly rise
In good news for buyers, new listings have rebounded nearly 20 per cent last month, however, the flow…
Hundreds of markets lose million-dollar status
More than 250 house and unit markets have dropped out of the million-dollar club nationally, with Perth the…
Regional areas not the solution to city housing pressures
In the face of soaring living costs, a growing number of urban residents are contemplating a shift to…
Homelessness across Victoria surges by up to 435 per cent in some areas
The housing crisis continues to hit the most vulnerable hardest of all, with a new report finding that…
Sydney’s prime rental market hits new heights
A chronic undersupply of existing rental stock and low construction volumes have fuelled a surge in Sydney’s prime…
Rents surged up to 27.5 per cent in the past 12 months
Rents have jumped by as much as 27.5 per cent over the past 12 months marking the largest…
Queensland Budget offers “little hope” for long-term housing solutions
The Real Estate Institute of Queensland says Queenslanders looking to enter the property market or secure long-term shelter…
A silver lining in NZ’s soft property market: values rise in 128 suburbs
Soft property market conditions continue across New Zealand, but there is some positive price news, with more than…
REIV leader Quentin Kilian and Charter Hall co-founder Cedric Fuchs named in King’s Birthday Honours List
Real Estate Institute of Victoria Chief Executive Officer Quentin Kilian has been named in the King’s Birthday Honours…
Could Chinese developers Forbes Global 2000 rankings spark hope for Aussie build-to-rent solutions?
One of China’s largest residential property developers, with a key stake in build-to-rent in the country, has ranked…
Escalating mortgage defaults as Australians grapple with mounting financial pressure
The number of Australians defaulting on their home loan is on the rise, according to new research.
More land needed in South-East Queensland to ease the housing crisis
The influx of people moving to Queensland from both overseas and interstate is putting the housing market under…