Industry News
Breaking stories, regulatory changes, market data, and major developments across Australian and New Zealand real estate.
The Agency expansion gathers momentum with Rockhampton launch
National real estate group The Agency has continued its expansion in Queensland, launching an office in Rockhampton.
Otago named Australia’s most family-friendly suburb
It’s getting easier for homebuyers to get into family-friendly suburbs as more stock comes onto the market according…
Prime residential price growth to slow in 2023
Prime residential property prices in Sydney and Melbourne are expected to remain flat next year, after performing well…
Rising star Marcus Hejtmanek joins Adrian William
With six years of experience working in high-performing teams, Marcus Hejtmanek has forged a reputation of excellence across…
Ray White powerhouse expands to Croydon
Unit growth falls into negative territory
Annual growth for units across the country has slipped into negative territory, with values down 1.4 per cent…
Nerida Conisbee: Where you should have bought a decade ago
Over the past decade, the median in Sydney has increased the most. There are a lot of factors…
Tenancy law reforms haven’t stopped investors
Tenancy law reforms in NSW and Victoria have only had a small impact on landlords’ decisions to purchase…
Agent of the year on the property marketing tool you need in 2023
Brisbane Inner West Realty Director Kathleen Luck is doubling down on technology to take her property marketing to…
Renters now need to work six hours more to pay rent than before the pandemic
Rising rents are forcing US tenants to work more than six extra hours per week, just to afford…
Properties selling faster than prior to the pandemic
Despite overall demand slowing down since the peak of the boom, properties across the country are still selling…
Lisa Pennell joins Barry Plant as chief operating officer
Lisa Pennell will approach her new role as the Barry Plant Group’s chief operating officer with curiosity and…
LJ Hooker’s award-winning team opens new office in Perth
The LJ Hooker network has expanded its presence in Perth’s high-growth north coast region ahead of the completion…
Vendors slash asking prices as selling conditions get tougher
Some vendors across Sydney are cutting their asking prices by as much as $800,000 as the market continues…
New real estate reality show rumoured to be in the works
With Luxe Listings Sydney becoming one of the big TV hits of the past few years, a new…
Auction volumes continue to rise in lead-up to Christmas
Auction volumes have risen further this week, and the trend is tipped to continue in the lead-up until…
More land is required to build one million new homes
The government will need to release more land if they’re to meet their goal of building one million…
Property values have soared in the past 20 years while rents lag
House prices across Australia have more than doubled in the past 20 years, however, rents have not been…
Fixed-rate mortgages could hit 7 per cent in New Zealand
One-year fixed-rate mortgages could surge as high as 7 per cent in the coming months putting even more…
New Dromana office for Barry Plant Group
A new Dromana office is set to strengthen Barry Plant's service offering on the Mornington Peninsula.
Does selling off-market come at a cost?
Choosing to sell your property off-market could be costing you as much as $60,000 according to a new…
Busselton and Bunbury lead regional growth in WA
The south west of Western Australia has continued its strong recent performance, with Busselton and Bunbury the top…
South Australian Government to review rental laws
The South Australia State Government has announced an extensive review of the Residential Tenancies Act.
Hunt sisters attain top national ranking
Hunt Property Sisters at RE/MAX Revolution took the top poll position in the ranks of RE/MAX Australia sales…
Cheapest suburbs to buy within 10km of the CBD
As office workers return to their pre-pandemic lives and head back to CBDs, there are still a number…
Falling prices making access to liveable suburbs easier for buyers
Melbourne is now the most affordable city to purchase a house in suburb that is considered “livable” according…
Franchise group appoints head of growth to spearhead expansion
Combined Franchise Services Chief Executive Officer Frank Knez said he was excited to have someone with Sabeen Akbani’s…
Knight Frank opens office in NSW Central Coast
Knight Frank will be the first global real estate consultancy dedicated to providing commercial property services in the area.
Flood toolkit to help NSW real estate industry
The Real Estate Institute of NSW (REINSW) has updated its Disaster and Flood Relief Toolkit to help agencies…
Is the Federal Government’s one million home plan already in jeopardy?
The Housing Industry Association (HIA) has warned the Federal Budget goal of creating one million new homes in…
Prestige property market mixed across the country
The prestige property market has softened on the East Coast but continues to hold up well in the…
