Industry News
Breaking stories, regulatory changes, market data, and major developments across Australian and New Zealand real estate.
Border reopening good news for some but could tighten rental market
Australia’s international border has reopened and a leading buyers’ agent says that spells good news for landlords hard hit by the mass Covid exodus two years ago.
Dilapidated Sydney homes selling well above reserve
Three rundown Sydney properties have sold well above their reserve price over the weekend, highlighting just how strong…
Investors turn to fast food and childcare assets
Drive-through fast food, medical, childcare, hotels and large format retail premises are dominating the commercial investment market as…
Court case shows why agents and creatives must read the fine print
Engaging a photographer to enhance your listing is par for the course for most real estate agents, but…
Clearance rate steady as auction volumes continue to rise
Auction activity continued to increase this week, with volume up 20.7 per cent week-on-week and 36.2 per cent…
The gap between house and unit values reaches a record high
Ongoing demand for more space has seen the difference in price between houses and units accelerate with the…
REIA announce National Awards for Excellence finalists
Finalists in the 17th REIA National Awards for Excellence 2022 have been announced, with the best agencies, agents…
Market Buy’s engine now available to brands
Online offer management platform Market Buy now provides brands with the ability to ‘white label’ their software for…
Luxe Listings Sydney is back for Season 2… with a new agent
The hotly anticipated second season of the hit show, Luxe Listings Sydney is about to hit the screens…
Domain’s marketplace strategy reaping results with half-year revenue up 27.9 per cent
Domain’s ‘Marketplace strategy’ is reaping rewards with the group posting revenue of $175.3 million for the first half…
More Queenslanders eyeing off a career in real estate
On the back of a booming property market and an influx of new residents, nearly one in three…
A different approach to real estate education
By the very nature of their profession, real estate agents are busy people, so when it comes to…
Top Bayside agent switches to RE/MAX
Retail property starting to bounce back
Sales volumes for retail property has returned to the highest levels since 2015 after seeing off a tough…
Aussie iBuyer continues to grow as Zillow Offers exits US
A leading Australian iBuyer isn’t concerned about its position in the market despite Zillow calling it quits on…
High Court rules on employee versus independent contractor issue
The High Court has confirmed the primacy of contractual terms and the importance of contractual interpretation in two…
Antony Catalano to launch a new Melbourne-based publication
ACM Executive Chairman, Antony Catalano has confirmed that ACM will launch its first local news, lifestyle & property…
Harcourts Sergeants named top agency in South Australia
Aussie’s Spent $688 billion on property in 2021
Australians spent a whopping $688 billion in a home buying spree in 2021, which was an astounding 57…
ANZ scraps its most popular home loan
ANZ will scrap its most popular Breakfree package in a move that will impact 350,000 existing customers.
HTW property clock stable, but what will happen next?
Herron Todd White (HTW) has released its real estate predictions for the year ahead as the monthly property…
Tree-changers drive regional property prices, reduce selling times
More space, flexible working conditions and affordability is fuelling a surge in regional property values, as Australians flee…
Mental health battles to force one in four property managers out
The pressures of the last two years have started to significantly impact the mental health of property managers…
NSW and QLD driving demand for new housing
The home building boom is in full swing in NSW, with sales of new detached homes the second-highest…
Harcourts Packham initiates partnership to tackle homelessness in SA
A former backpacker’s hostel in the heart of the Adelaide CBD has been transformed into short-term accommodation for…
New data reveals best practice for email marketing
A new report from ActivePipe helps real estate agents make their email marketing more effective by revealing the…
Rents to skyrocket by thousands in 59 Australian suburbs
The cost of renting could jump $5000 in 59 suburbs across the country this year, as Australia sits…
How to maximise your buyers’ offers and keep them all onside
Every Agent knows that technology holds the key to help them become both effective and efficient.
Auction volumes up 35 per cent, clearance rate also climbing
Auction volumes and the clearance rate continued to climb this week, with the number of auctions increasing 35.2…
Double Bay welcomes a new commercial team
Proposed NSW property tax changes labelled ‘nonsensical’
The Real Estate Institute of NSW has labelled the State Government’s proposed changes to stamp duty "nonsensical".
NAB tips property price drop in 2023
One of Australia’s big four banks expects property price growth to slow dramatically before falling 10 per cent…
