Industry News
Breaking stories, regulatory changes, market data, and major developments across Australian and New Zealand real estate.
Investors should look to capitalise on rising listings
Buyers should look to capitalise on slowing market conditions and take a long-term approach to investing according to a leading buyers agent.
Real estate farewells industry icon Bart Doff
Tributes are flowing in for long-time Laing+Simmons Double Bay principal and industry icon Bart Doff, who has passed…
One in four NSW and QLD residents not insured for extreme weather
New data suggests 22 per cent of New South Wales and Queensland residents are uninsured against extreme weather…
Knight Frank opens new Gold Coast office
‘Uncertainty’ remains in national office markets: HTW
Despite Covid restrictions slowly easing around the country, it will take some time before businesses and employees return…
Australia entering a GFC-style rental crisis
Australia is on the cusp of a GFC-style rental crisis with more pain ahead for renters according to…
REIWA calls for targeted stamp duty reform
REIWA is calling on the WA Government to introduce stamp duty reforms to help first home buyers and…
Bridging loan FinTech Bridgit raises $7.7 million
Non-bank lender Bridgit has secured $7.7 million in its latest funding round as the FinTech company looks to…
Rising property prices, low interest rates lead to record housing debt
Housing debt levels have hit a record high on the back of soaring property prices new data reveals.
Stone Real Estate continues its business expansion at The Entrance
Stone Real Estate has taken over an existing property management and sales department to expand their business at…
Auction volumes top the 3000 mark
Auction volumes have again surpassed the 3000 mark, making this weekend the second busiest of the year so…
Meriton and MRI Software partner in built-for-rent project
Australia’s biggest residential apartment developer, Meriton, has chosen MRI Software to take the management and maintenance of 9000…
Australian residential property value nears $10 trillion
The total value of Australia’s 10.8 million residential properties has increased at record pace to nearly $10 trillion…
How agencies are coping with losing management fees from flood-affected homes
Real estate agencies in flood-ravaged Northern NSW have urged others to set aside some profits every month, with…
Peloton brings connected fitness to luxury accommodation
Investors driving rising markets on Herron Todd White property clock
Soaring Sydney property prices in 2021 “overshadowed” another key market trend of rising rental rates, according to the…
House prices grew at the fastest rate in 20 years
National house prices grew at 25.1 per cent in 2021, making it the fastest annual growth rate in…
Reapit set to expand portfolio with acquisition of Console
Cloud-based property software provider Reapit, backed by private equity firm Accel-KKR (AKKR), has announced the acquisition of Console.
Successive rate rises the biggest risk for homeowners
Successive interest rate increases from the RBA when they begin their tightening cycle could be the biggest issue…
Australian house prices grow at the fastest rate in the world
Australia has taken top spot as the country with the highest rate of annual price growth in 2021.
Commercial agent powers through 2022 first quarter
Property boom hasn’t helped owner-occupiers
Despite property prices rising at a rapid rate in the past two years, a leading economist said the…
Sherrie Storor: One size doesn’t fit all
Agents looking to build their profile, convert more appraisals to listings, grow their team and streamline their business…
The Australian suburbs facing a rental crisis
South Australia, NSW, and Tasmania contain the most suburbs desperate for more rental stock with many locations now…
Funding to help bring city streets back to life
First National trailblazer moves to Wollongong CBD
Looking after the welfare of his team: David Gray, Elders Lismore
When floodwaters swept through Lismore and much of the Northern Rivers, David Gray’s thoughts turned to his community,…
More Aussies intend to buy a home
A boost in home-buying intentions and increased spending on transport post lockdown are behind an increase in the…
Auction volumes down by almost a third
Auction volumes have dropped by almost a third this week, but it is not recent flooding in Queensland…
Belle Property Escapes opens in Adelaide
Belle Property has announced the expansion of its premium holiday rental service, Belle Property Escapes, to South Australia.…
Perth’s median property price grows $325,000 in 20 years
The Perth property market has grown steadily over the last two decades with the median house price increasing…
Propps and First National partner up to streamline buying and selling
Proptech innovator Propps and the 350+ office First National network have joined forces to make the Propps digital…