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.
Property market still faces “significant headwinds” despite a rebound in prices
After six months of property prices rising in the face of high-interest rates, the ongoing recovery still faces “significant headwinds” in the second half of 2023 according to the latest Herron Todd White (HTW) Month in Review.
Megan Thomas joins Belle Property Mosman
Megan has spent more than a decade in real estate and has an average sale price of more…
Greg Brydon joins Ray White Cheltenham
Ray White Cheltenham has continued to strengthen its top tier sales team with the addition of leading bayside…
Tasmania top of the states for economic performance
Tasmania has the nation’s best performing economy, including leading the way on equipment investment and dwelling starts.
NZ sales activity jumps and prices should follow
There are signs of life in the New Zealand property market, with new data showing that sales volumes…
Higher cash rate hitting new home sales
The sharpest increase in the official cash rate in history has seen new home sales across the country…
Some relief for QLD renters as vacancy rates rise
There are some green shoots appearing for desperate renters in Queensland, with vacancy rates slowly starting to rise.
Suburbs set to thrive from Brisbane Olympics
As Victoria deals with the fallout from cancelling the 2026 Commonwealth Games, the 2032 Brisbane Olympic precinct in…
High ambitions built on impeccable service: How Gary Singh plans to dominate his market.
Creating amazing customer experiences has been at the centre of Gary Singh’s real estate success.
High-interest rates the key driver of commercial property in 2023
The Real Estate Institute of Australia (REIA) expects to see interest rates remain at elevated levels, which will…
Victorian properties at high risk of damage from rising seas
By 2100 more than 150,000 Victorian properties could be at high risk of damage from sea level rise…
Reaching his peak: Mark Poole launches Poole Property
After 12 years in real estate, Mark Poole has decided to take the plunge and create something extraordinary…
First National Real Estate Cleveland expands rent roll
In a major milestone, First National Real Estate Cleveland has confirmed its status as the largest rental business…
Million-dollar brothers return home to LJ Hooker
Million-dollar agents Ben and Jonas Leong have returned to Brisbane-based LJ Hooker Property Partners, the network’s reigning Top…
First home buyers saving deposits faster
First home buyers are saving almost $200 more per month than they were last year but it still…
Why a lower cash rate likely equals lower rents
With the cash rate still expected to peak this year, tenants are likely also in for a reprieve,…
National Property Manager’s Day: Celebrating ‘the heart of every agency’
Kirsten Williams and Maree Chisnall have been named the Australian and New Zealand winners of MRI Software’s 1:1…
Martin Millard and Rochelle Adgo join Ray White
Ray White has secured two big names in real estate, with Martin Millard and Rochelle Adgo joining the…
Not another real estate agency in Terrigal – or is it?
Coast Realty has a new Terrigal headquarters.
Are international students behind Australia’s housing crisis?
International students could absorb 70 per cent of the new homes built in Australia between now and 2028,…
Offices sales top industrial for most transacted
After the huge interest in industrial assets in recent years, the trend is now starting to normalise with…
South Australia set to ban no-cause evictions under new rental changes
South Australia is set to be the next state to reform its rental laws, with tenants to be…
Top auctioneer joins Ray White Ferntree Gully
Fabian Sanelli has joined the team after a decade in real estate.
No Commonwealth Games, but more social housing
The Victorian Government has committed to spending $1 billion on more than 1300 social housing homes across the…
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Trend towards lifestyle locations set to continue
Queensland and Western Australia are set to be the big winners as people continue to flee the big…
Unit prices surge across Melbourne
Unit prices in Melbourne have bounced back strongly, with some suburbs seeing quarterly growth as high as 25…
MRI Software acquires PropTech services leader Loci Solutions
MRI Softward has acquired Loci Solutions Group, an Australian PropTech consulting and outsourced managed services company serving commercial,…
An “extended pause” on the cards for interest rates
The ANZ bank has predicted the Reserve Bank of Australia will keep interest rates steady in an "extended…
Queensland Government reviewing new rental laws to stop landlords skirting rent rise rules
The Queensland Government is reassessing regulations curbing rent increases in light of allegations suggesting property owners are exploiting…
Queensland tenants forget millions in bond money
More than 110,000 Queensland tenants have forgotten to reclaim a collective $52 million in rental bonds, according to…
Homeowners forced to work 3.6 weeks per month just to pay their mortgage
If it feels like you’re working all week long just to end up with nothing to show for…
New housing construction continues to decline but costs are easing
Despite record demand for homes, the latest ABS construction data shows the pipeline of new homes continues to…
Michele Bullock named new RBA Governor
Reserve Bank of Australia Governor Philip Lowe will step down at the end of his term in September,…