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.
Half a house to go under the hammer in Brisbane
“Half a house” in Brisbane, which saw the top floor gutted by fire, is set to go to auction.
Will an ‘Airbnb bust’ reach Australia?
Short-term rental hosts in the US are reporting significant losses amid fears of an “Airbnb bust” due to…
Profitable resales decline across New Zealand
Profitable resales across New Zealand continued to decline last quarter, dropping to 96.8 per cent according to CoreLogic.
The $2 million Scottish island you can call your own
US brokerage Compass posts a $154 million loss
US tech-enabled real estate brokerage Compass posted a US$154 million loss last quarter, as the housing downturn continues…
Covid regional hotspots lead price declines
The Covid boom that saw tens of thousands of people moving to regional Australia has officially come to…
Where it’s cheaper to buy than rent
After the surge in property prices over the past few years, it’s now cheaper to buy than rent…
Introducing JET Real Estate Byron Bay
Jason Dittmar, Elizabeth Hickey and Tania Sheppard are JET - the newest agency to hit the Byron Shire…
Who’s more likely to be hit by rising energy costs?
With the continued push to renewable energy and the United Nations Climate Change Summit (COP27) now on, this…
A combined vision for culture: Michell Estate Agents launches with UrbanX
Simone Michell, in partnership with UrbanX, is excited to launch Michell Estate Agents, empowering her to create a…
Spanish Village with 44 homes hits the market
For anyone dreaming of a quiet life in Spain, a Spanish village could be yours for just $400,488…
2022 AREAs submissions close this week
Australian property professionals have until midnight this Friday 18 November to finalise their submissions for the 2022 Annual…
Top US real estate agent sells 16 homes every day
Texas real estate agent, Ben Caballero, might be 83 years old, but he’s officially the top sales agent…
RBA rate hikes kick in for variable borrowers
Borrowers with a CBA, NAB and ANZ variable home loan have had a 0.25 per cent interest rate…
Noosa dream home sells for $27 million in record off-market deal
A stunning Noosa Heads waterfront residence has defied softer market conditions and hit a new local price benchmark,…
First annual decline in Australian home values since October 2019
The value of Australian residential real estate continued to decline in October, down to $9.5 trillion from $9.6…
Auction volumes up 13 per cent
Capital city auction volumes increased almost 13 per cent this week, with 2159 properties going under the hammer…
Johnny Galecki sells his Hollywood Hills home
Big Bang Theory star Johnny Galecki has sold his mansion in the celebrity-filled Outpost Estates neighbourhood of Los…
iBuying platforms falling like dominoes
It hasn’t been a good start to November if you’re an iBuying platform, with Redfin closing its house-flipping…
5 secrets to growing your rent roll
What is the secret to building a successful property management agency?
4 million virtual inspections show changing trends in buying property
More than four million digital property inspections have been undertaken on a leading virtual tours platform over the…
More choice for buyers as listings rise
The total number of properties for sale is increasing in nearly every part of the country, finally giving…
Switch and save on your business insurance
Real estate agents face many risks, from misleading or deceptive conduct to clients falling over in their office.
Flood-affected property markets to recover within 12 months
Flood-affected property markets are likely to bounce back within 12 months according to an expert.
Miley Cyrus is moving back to Malibu and into an $8 million mansion
Wrecking ball singer Miley Cyrus is moving back to Malibu after successfully selling her Nashville ranch.
Bali hotspot Sanur is getting a luxury makeover
One of Bali’s original tourist spots is making a comeback with Sanur undergoing major gentrification and in the…
Young Australians live with their parents to save for a house deposit
The rising cost of living, including a lack of affordable housing, has changed the financial landscape for Australia’s…
Explore Property makes a move into WA
Queensland-based real estate network Explore Property has opened offices in Western Australia with experienced professional Belinda Chandler.
NSW and Brisbane hit hard by the housing supply crunch
Inner Brisbane and the western suburbs of Sydney are some of the hardest hit locations of Australia’s housing…
South Australian property remains steady as rates rise
Despite rising “economic uncertainty”, the South Australian property market continues to be the strongest in the country.
McGrath expands into Brisbane’s north
An accomplished team of 10 will be led by principals Alex Porter and Claire McGrath. Tamika Kent, a top-producing…
REA Group increases revenue as “heat” comes out of the market
REA Group has announced an increase in first quarter revenue thanks to strong listings, however, the outlook remains…