Industry News
Breaking stories, regulatory changes, market data, and major developments across Australian and New Zealand real estate.
The Perth suburbs where houses sell in just 7 days
Perth’s property market is still experiencing a “high level of buyer demand” with a number of suburbs selling…
Vacancy rates at lowest level on record
National vacancy rates have plummeted to a record low of 1.2 per cent, while rental values have soared…
REIQ concerned about “heavy-handed” changes to rental laws
The Real Estate Institute of Queensland (REIQ) fears investors may "tap out" and sell their rental properties as…
LJ Hooker South Coast offices ready to save a life
Ten LJ Hooker real estate offices on the NSW South Coast have been fitted with lifesaving medical equipment…
Local experts take the reins at Ray White North Richmond
Stone Real Estate adds new franchise location with Hawkesbury office
Experienced agent Adam Buchert has rebranded his agency to tap into the opportunities, knowledge and expertise of the…
Another cash rate hike with more to come
The Reserve Bank of Australia has warned homeowners more interest rate rises will follow as they raised the…
Top agent finds harmony in life balance
Alex Jordan is one of the highest-achieving real estate agents in Queensland and says looking after his health…
It’s a landlord’s market: vacancy rate at record low
Australia’s rental vacancy rate is at the lowest point on record, with the market remaining firmly in landlords'…
Australia’s housing market downturn building momentum
Adelaide is the only capital city still recording monthly property price growth higher than one per cent, with…
McGrath expands into regional Qld
High-performing Grafton agent opens Ray White TKG
Over 90 per cent of experts tip interest rates to rise in July
There’s likely to be more pain ahead for borrowers, with 91 per cent of experts tipping the official…
Mining towns back in vogue as yields hit 10 per cent
The resurgence of mining towns is back as investors again look at the potential for high capital growth…
Market Buy hires Will Farmer to run its US operation
Market Buy has welcomed a new recruit to lead its American operation as the online offer management company…
Lowest preliminary clearance rate in two years
The preliminary clearance rate has dropped to its lowest level in more than two years after auction volumes…
Home Guarantee Scheme expands to 40,000 places
Property market leaders have welcomed the expansion of the Federal Government’s Home Guarantee Scheme (HGS), but cautioned rising…
OBrien Real Estate announces new office in Melton
Rising rates putting pressure on home prices
Brisbane property prices have fallen for the first time since April 2020, with rising interest rates dampening buyers'…
Why you need to future proof your real estate agency
Whether you have been in business for years or are thinking of starting up, managing your agency and…
Why sustainable homes sell faster
When given a choice, two-thirds of home buyers prefer energy-efficient homes according to new research from Domain.
Michael Pallier selected to sell Melissa Caddick’s Dover Heights home
Michael Pallier, of Sydney Sotheby’s International Realty has been appointed to sell conwoman Melissa Caddick’s Dover Heights property.
Suite of new appointments for BresicWhitney
Nearly 13 per cent of first home buyers are considering purchasing interstate
With property prices rising faster than buyers can save, one in eight first home buyers have said they…
Hockingstuart opens new Williamstown office
Principal David Lawson is a well-respected expert in the area and will bring a high calibre of local…
A quarter of homes sold for more than $1 million
Almost one-quarter of all homes sold in the past 12 months have been worth more than $1 million…
Property prices fuel rise in household wealth
Climbing property prices continued to fuel an increase in total household wealth in the March quarter, with wealth…
Just how at risk is Australia of falling property prices?
Australian property prices will not fall as much as they have gained in the past 12 months according…
Gold Coast developer accepts crypto as deposit on luxury apartments
A Gold Coast property developer is accepting Bitcoin as a deposit for their latest luxury apartment development.
Virtual assistants a timesaver for agents
Not enough hours in the day? Frustrated because you really need more hands in the office but don’t…
2021 Census: Apartment living rises but fewer homes owned outright
The way Australians live is becoming increasingly diverse, with fewer households owning their home outright and more people…