Industry News
Breaking stories, regulatory changes, market data, and major developments across Australian and New Zealand real estate.
Low stock levels fuelling national property price rises
Positive demand drivers, including low stock levels, are keeping a floor under property prices with national values rising for the third consecutive month in March.
One-in-five new buyers want an inner city home but can’t afford it
New home buyers in Victoria want to be living in established areas, but a lack of suitable options…
Look to the regions for affordable property
Home loan affordability may be declining but the great Australian dream of owning your own home is still…
One in four borrowers are paying over 6.5 per cent on their mortgage
Rising interest rates have caught borrowers off guard, with one-in-four now paying over 6.5 per cent interest on…
Will drop in inflation bring a rates pause?
Inflation has fallen for the second month in a bring, bringing with it renewed hope the Reserve Bank…
Ruff times for pet owners: Oaklands Park earns top ‘sad puppy’ score
The southern Adelaide suburb of Oaklands Park has been ranked the hardest in Australia for tenants with pets…
5 things to know about New Zealand’s refinancing wave
The steady flow of existing mortgage borrowers across NZ who have had to stomach higher interest rates each…
Atlas thrives in its northern exposure
Atlas’ expansion re-connects Lauren McHutchison with Atlas Brisbane Inner South Director Jarrod Perry who took charge of Atlas’…
Ronnie and Georgia launch new REIWA website
Property renovation gurus Ronnie and Georgia Caceres are the faces of a campaign to launch the new reiwa.com,…
AuctionWORKS brings the hammer down on 60,000 auctions
Leading auctioneers, AuctionWORKS has officially brought the hammer down on more than 60,000 auctions and in excess of…
PMVA secures six-year lease with Clark Global City
Property Management Virtual Assistant (PMVA) has extended its lease with Clark Global City for six more years, allowing…
HomeBuilder deadline extended for property owners
Property owners at risk of losing the $25,000 HomeBuilder grant due to ongoing building delays have been given…
Queensland Government to introduce rent cap
Queensland Premier Annastacia Palaszczuk has this morning given the strongest indication the State Government will push ahead with…
Tristian Kennedy steps up at Ray White Grange
Tristian Kennedy cut his teeth at Ray White South Australia’s top office, Ray White Norwood, and has now…
New Zealand home sales hit lowest level in 40 years
Home sales across New Zealand have plummeted to the lowest level since the GFC, as the sharp increase…
Deposit scheme allows Aussies to fast-track property ownership
An innovative deposit scheme is giving buyers along the East Coast of Australia the opportunity to buy off-the-plan…
Virtual agency eXp Realty dominates the RealTrends 500 list
Virtual brokerage eXp Realty has dominated the 2023 RealTrends 500 list after closing the most transaction sides in…
New NSW Government must address housing crisis
New South Wales may have a new premier in Chris Minns, but the state is still afflicted by…
New national president for Property Council
The Property Council of Australia today announced Managing Director of QIC Real Estate, Michael O'Brien, as its new…
Leading Laing+Simmons offices join forces
Laing+Simmons CEO Leanne Pilkington says the East Group’s approach is about demonstrating the power of collaboration.
NSW and QLD top the list of recession-proof suburbs
NSW and QLD have a number of locations that could hold up in value in the event of…
Loss-making resales jump across Sydney and Melbourne
The share of loss-making home sales across the country has jumped, led by both Sydney and Melbourne, which…
The great debate: short-term holiday rentals in Australia’s housing crisis
Are short-term holiday rentals the solution to or the problem in Australia’s housing crisis?
Buying a rent roll can supercharge your business – but only if it’s done right
While purchasing a rent roll can be an effective strategy for increasing cash flow and encouraging business growth,…
New listings suffer as sellers err on the side of caution
The seasonal uptick in property listings that usually occurs in the first half of March has been noticeably…
Perth remains affordable to buy and rent
Despite rising interest rates making life more difficult for homebuyers, Perth is still the second most affordable property…
Australia’s rental system is ‘broken’ study reveals
Australia’s residential rental system is “broken” and fails to provide affordable, secure housing for tenants or a solid…
Kyle Cheney goes from AFL to JLL
JLL is adding to their Logistics and Industrial team in Adelaide, with the recent appointment of Kyle Cheney.
Buyer demand fuels record month for The Agency in WA
The Agency’s Western Australia office has recorded a record month with 321 properties under offer in February.
Global banking instability on the RBA’s radar
Instability in the global banking sector could cause the Reserve Bank of Australia to think more carefully about…
Cirrus8 launches its Executive Management Plus Dashboard
Cloud-based, commercial property management software platform Cirrus8 has just released its industry-leading Executive Management Plus Dashboard.
Herron Todd White: too soon to call a bottom in the property market
High interest rates and the prospect of more pain ahead for borrowers as fixed-rate loans roll off, suggests…
Little Real Estate partners with Rental Heroes to deploy AI technology
Australia’s largest independently owned real estate agency Little Real Estate has joined forces with Rental Heroes to implement…
Investors sell, rent bidding ban backfires, property managers leave as rental crisis rolls on
The overwhelming majority of investors are not wealthy property magnates flush with money, but cash-strapped mums and dads…
Sydney renters paying $633 a week more than a year ago
Rents in Australia's unit market have surged, with the national trend recording its highest annual growth on record…