Industry News
Breaking stories, regulatory changes, market data, and major developments across Australian and New Zealand real estate.
Sydney’s top-performing suburbs over the past year
Despite property prices trending lower across Sydney, there are still a number of suburbs that continue to perform strongly according to new analysis.
REIA: housing affordability drops further
Housing affordability has continued to drop with the proportion of income needed to meet mortgage and rent payments…
Brisbane’s rental crisis putting vulnerable renters at risk
The rental crisis in Brisbane is leaving many vulnerable and low-income earners at risk of homelessness according to…
Top achievers and contributors recognised at Barry Plant Awards
On the 8th of September nearly 800 people gathered at the Palladium Room at Crown Casino to hear…
Big banks increase mortgage rates again
All four major banks have passed on the full 50 basis point interest rate increase, while once again…
Devonport office recognised for outstanding contribution to the LJ Hooker Group
Just three years after opening, LJ Hooker Devonport has taken out the prestigious title of Business Owners of…
Fixed-rate mortgage bomb set to go off
Thousands of borrowers on fixed-interest home loans are facing an interest rate “cliff” and could be plunged into…
$8 million double apartment sale in The Horizon breaks records
A double apartment in Sydney’s The Horizon tower has sold for a record-setting $8 million.
Cloudstaff launches dedicated property division for the Australian market
Cloudstaff, the Australian-headquartered remote staffing platform, has announced the launch of a dedicated division to service the Australian…
BresicWhitney reveals 2025 Strategic Direction
Auction volumes increase with a bumper week tipped to come
Auction volumes inched higher this week as spring selling season hits its stride, with CoreLogic predicting next week…
Trading up is getting easier in New Zealand
Upgrading your home is gradually getting easier across New Zealand, with new data showing the premium to trade-up…
Risky lending falls as tough APRA rules kick in
The value of risky mortgages continues to fall after tough new rules from the Australian Prudential Regulation Authority…
A unique spring selling season on the horizon
Despite the arrival of the spring season, sales activity is expected to be a little different this year…
REIQ: encouraging ‘rightsizing’ is the right move
The REIQ supports initiatives that make downsizing an easier financial decision for older Queenslanders.
Mortgage anxiety rises as the RBA continues to hike the cash rate
Rapidly rising mortgage rates could leave borrowers in serious financial trouble with new research finding two-thirds of homeowners…
Season 3 of Luxe Listings Sydney promises to be the biggest and best yet
When Monika Tu was invited to join the inaugural season of the hit Amazon Prime TV show Luxe…
Government flags incentives for pensioners to downsize
The Federal Government is seeking to address the issue of housing supply and affordability by giving pensioners more…
Brighton penthouse smashes the suburb’s price record
A new designer penthouse in Melbourne has set a suburb price record by millions of dollars.
Affordable suburbs you can invest in now across Australia
Despite the recent boom in property prices across the country, there are still plenty of affordable options in…
Cash rate rises for the fifth month in a row
The Reserve Bank of Australia (RBA) lifted the cash rate 50 basis points today and at the same…
CBA cuts variable rates again for new customers
The big banks continue to cut their variable rates for new customers, in a bid to win more…
“Rough” conditions for renters continue in August
Pressure on renters continued last month, with vacancy rates for apartments and houses at extremely low levels while…
REIA launches campaign to axe stamp duty
The Real Estate Institute of Australia (REIA) President, Mr Hayden Groves has launched a new national and multi-year…
Queensland land tax will exacerbate the state’s rental crisis
The Real Estate Institute of Queensland has called on the State Government to repeal its “illogical” land tax…
Professional sportspeople turned real estate professionals at Knight Frank
Several professional sportspeople have joined Knight Frank this year with a mutually beneficial relationship established between the recruits…
RBA has “little choice” but to hike rates in September
he Reserve Bank of Australia appears set to hike the official cash rate at the September meeting with…
Slight drop in auction volumes sees clearance rate rise
After rising over recent weeks, auction volumes dipped almost 10 per cent this week, with 1814 homes going…
New state CEO for Harcourts Western Australia
New RE/MAX hot air balloon to fly Sunshine Coast skies
Perth property prices a mixed bag in August
Despite Perth property prices officially falling in August, 56 suburbs were able to buck the trend.