News
The front page of real estate in Australia and New Zealand. All the developments, all the moves, all the stories worth knowing about – organised so you can find what matters to you.
The Agency increases market share and poised for more growth in 2024
The Agency sold more homes in the 2023 financial year despite national market transactions dropping more than 20 per cent, according to the group’s newly released financial and operational update.
‘Retiring renters’: Australia’s future crisis as home ownership falls 18 per cent for young adults
Home ownership rates have fallen almost 20 per cent in the past 40 years, with further headwinds propelling…
Rents likely to rise as vacancy rates fall again
There’s still no relief for struggling renters, with vacancy rates falling again in July.
Bunbury tops the list of promising regional locations
Bunbury in the southwest of Western Australia has emerged as a top growth candidate, as the state's population…
Soft new home sales to hit builders in 2024
Australia is on the cusp of home building hitting a decade low at the same time demand for…
Buxton forms Mornington Peninsula alliance with Holly Longmuir
Buxton's presence has expanded into the prestigious Flinders, Sorrento and Blairgowrie real estate markets.
REA Group identifies ways to ease the NSW rental crisis
Unlocking housing supply, including improved use of existing properties and streamlined government planning processes to boost fast and…
Industrial assets remain the strongest commercial property class
Commercial assets have been the battling rising interest rates in 2023, however, industrial assets have managed to see…
Social housing boost for Sydney’s Waterloo Estate
Almost 500 additional social and affordable homes will be added to Waterloo Estate, under revised plans for the…
Better Homes and Gardens Real Estate expands its network with 14 new agents
The new agents have grown the brand's footprint to cover 11 new locations along Australia's east coast.
FHBs need up to two decades to save for a home deposit
Young Australians hoping to get into a home of their own are needing to spend up to two…
Agents need to plan auction campaigns early ahead of a busy Spring
With listings set to rise this Spring selling season, it’s critical that agents start planning their auction campaigns…
Renters turn a blind eye to property flaws to secure a property
Renters are putting up with mould, bad smells and even being forced to share a room in a…
New Zealanders spending half their income on mortgage repayments
Despite property prices easing across New Zealand, mortgage holders are still spending nearly half their income on repayments…
New Zealand AI firm ListAssist selected for Miami pitch battle
New Zealand AI company ListAssist has been selected to compete in the Innovation, Opportunity & Investment Summit’s Pitch…
Troubled Chinese developer Evergrande files for bankruptcy
Troubled Chinese developer Evergrande has filed for bankruptcy in the US as it attempts to work out an…
40,000 low-income earners able to access the government’s shared equity scheme
Up to 40,000 low-income earners will get additional government help to purchase a home under the new Help…
New listings on the rise, with more stock on the way
New listings are on the rise in Sydney and Melbourne, but the smaller capital cities could be about…
McGrath posts $6.2 million profit with 18 new offices
McGrath has posted a solid net profit after tax of $6.2 million for the 2022-2023 financial year, despite…
Building industry says “yes we can” build 1.2 million homes
The building industry has thrown its support behind the Federal Government’s “ambitious” plans to build 1.2 million homes…
Further industry recognition for the award-winning McGill Group
Hot on the heels of taking out the award for Small Residential Agency of the Year in 2022,…
Richardson & Wrench Kellyville opens with top team
Richardson and Wrench has bolstered its network presence in Sydney’s Hills District, partnering with highly regarded property professionals…
Terase Davidson takes The Agency to Byron Bay
Terase Davidson feels a deep connection with Byron Bay.
REA Group named as one of Australia’s Best Workplaces
Great Place to Work has named REA Group as Australia’s fifth Best Workplace for 2023 in the large…
New listings on the rise in Sydney and Melbourne
New listings are rapidly rising across Sydney and Melbourne, setting up a busy spring for agents, according to…
Raising the bar: Gill Barr launches Barr Estate Agents with UrbanX
Fuelled by a commitment to her values and an overwhelming desire to run her business in a customer-centric…
Sydney’s vacancy rate tightens again putting more pressure on renters
Relief for Sydney tenants has been short-lived with new data showing the vacancy rate has fallen again in…
Domain profit dips but green shoots are appearing
Domain Chief Executive Officer Jason Pellegrino has labelled the Australian property market over the past six to nine…
Businesses flee secondary office buildings
The flight to quality across the office sector continues to see businesses move towards higher quality spaces in…
Western Australian regional towns record double-digit growth
Tight stock levels and heavy demand continue to put upward pressure on prices in most of Western Australia’s…
Realtair expands to New Zealand
PropTech Realtair has kicked off the start of its international expansion program, moving into New Zealand this week.
Industry applauds National Cabinet’s property reforms
A step in the right direction, game-changing, ambitious and sensible are just some of the terms real estate…
More new homes and rent limits on the way
David ‘Kochie’ Koch joins Compare the Market
Former Sunrise host David Koch has issued a challenge to Australians to switch and save on a “big…
Real estate group creates AI avatar to liaise with buyers
In an American first, a luxury real estate group in the US has created an AI avatar that…