Industry News
Breaking stories, regulatory changes, market data, and major developments across Australian and New Zealand real estate.
Property industry says Budget addresses housing supply but not affordability
The property and housing industries have largely welcomed Tuesday's Federal Budget as a good start to solving Australia’s housing supply crisis, but many said more could be done to address affordability.
Three Australian suburbs named among the world’s coolest
The world's coolest suburbs have now been named by online magazine Time Out.
Fractional ownership of holiday homes comes to Australia
If you've ever wanted to own an overseas luxury home but wondered how you could afford it, a…
Everything in the Federal Budget for real estate
Treasurer Jim Chalmers has delivered Labor’s first Budget in almost a decade, labelling it “a responsible budget that…
Is your agency’s cyber security up to par?
With seven major Australian companies falling victim to data breaches in recent weeks, Real Estate Institute of Australia…
My Morris better serves the community through new brand creation
Through an extensive process, the team at My Morris underwent a transformation to launch their business under their…
Sydney property prices have fallen 10 per cent since February
Property prices in Sydney continue to feel the effects of the downturn, with new data showing values have…
Victorian Government provides $1.1 billion boost to shared equity scheme
The Victorian Government has announced a $1.1 billion expansion to its shared equity home buying scheme.
Real estate’s wishlist for the Federal Budget
With the Treasurer readying to unveil a Federal Budget that’s expected to be heavily focused on the cost…
Elders Lifestyle Group expands into Yamba
Elders Lifestyle Group, led by CEO Dave Gray, have this week announced the acquisition of two agencies in…
Buyers need to weigh up the risk of falling property prices
Home buyers need to weigh up the risk of falling property prices as the Reserve Bank of Australia…
Australian property companies the most sustainable in the world
Australian property companies have taken out top position for the 12th consecutive year, in the GRESB Real Estate…
Auction volumes rise above the 2000 mark
Auction volumes have risen above the 2000 mark for just the third time since June but still remain…
Could property prices return to pre-Covid levels?
National property prices would need to fall 16.7 per cent for values to be back at pre-Covid levels…
Investors eyeing off South East Queensland
South east Queensland is back on the radar for property investors after the State Government shelved land tax…
The Block’s Sharon and Ankur release exclusive virtual walkthrough of their stunning home
Stickybeaks and serious buyers alike can fully immerse themselves in House #3 from The Block with an exclusive…
Metro property management setting the standard for Victorian landlords
Melbourne-based property managers Metro PM have tapped into technology designed to see properties tenanted faster and grow their…
Gold Coast group takes LJ Hooker up the mountain
LJ Hooker Solutions Gold Coast has expanded its footprint in the city’s north, taking the brand to the…
Renovate now, pay later adds thousands to properties sale price
A renovate now, pay later home preparation company is helping real estate agents and their vendors achieve hundreds…
Rising interest rates weigh on median home prices: HTW
The Reserve Bank of Australia’s sharp tightening cycle has started to see median home prices fall across the…
Sunshine Coast Hinterland continues to see strong demand
After seeing a record level of demand over the COVID-era, the Sunshine Coast hinterland property market is still…
Property values fall in majority of house and unit markets
Almost 80 per cent of Australia’s house and unit markets are now in decline.
X Commercial expands to Sydney’s southwest corridor with new office
X Commercial has closed 450 sales and leasing deals in the past year and manages more than 1900…
REIA launches Commercial Agency Engagement Program
Sellers increase marketing budget in face of tighter market
Vendors are willing to increase advertising budgets for their homes if they can delay payment of marketing costs…
Sydney vacancy rate hits nine-year low
Finding a rental property in Sydney is getting increasingly difficult, with new data showing the rental vacancy rate…
Spotting and selling an Endeavour Foundation “prize home”
RE/MAX First Caloundra principal Karl Rademeyer knows what it takes to spot a “prize home”, having sold three…
Madeleine Este joins BresicWhitney Balmain
How the floods impact insurance: FAQs answered!
Floods – sadly, many Australians and their properties are bearing the brunt of Mother Nature. This means an…
Melbourne’s median house price drops below $1 million
Melbourne house prices have slipped back under $1 million, creating an opportunity for buyers.
Record low share of rentals below $400 per week
Tight rental markets are putting extra pressure on low-income renters as the share of rental properties listed below…
Top tips to clean up a flood damaged home
Television lifestyle presenter and Rochester resident Walt Collins has offered some critical tips on where to start a…
Renewable energy plants could boost property prices
Building renewable energy plants could help increase the value of nearby property prices, according to a new report.