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.
‘Issues’ singer Julia Michaels buys LA Mansion
Grammy-nominated singer-songwriter Julia Michaels is expanding her already large property portfolio, having picked up an LA Mansion in the San Fernando Valley community of Encino.
Housing market passes ‘peak fear’ phase
Australian property markets have passed their “peak fear” phase and are expected to bottom out in the new…
Mitch Armstrong appointed as OBrien Real Estate’s first CEO
OBrien Real Estate has a new Chief Executive Officer, with Mitch Armstrong joining the Victorian brand with a…
Turner Real Estate launches Turner Prestige
All Turner Prestige properties will be part of a smaller, single portfolio managed by dedicated Prestige portfolio manager…
New program to unblock local housing backlog
The NSW Government has announced an $11.5 million Unblocking Homes Program that will help fast-track the delivery of…
Adam Sandler picks up a $4.1 million knockdown
Funnyman Adam Sandler continues to expand his already impressive property portfolio, adding a traditional ranch-style house in the…
Consumers start to cut spending as rates rise
Rising interest rates and high inflation, are starting to hit the hip pockets of consumers with new data…
Raine & Horne shores up its reach with the launch of a new Turramurra office
Raine & Horne has added another office to its expanding network on Sydney's North Shore that will be…
Property Council Chief Executive Ken Morrison to step down
The Property Council of Australia has announced Chief Executive Ken Morrison will leave the organisation in December to…
No end in sight for rising construction costs
There’s still no relief in sight for builders with construction costs continuing to rise at a record rate.
House price falls to continue into 2023: NAB
There’s likely more property price declines ahead with values to continue decreasing in 2023, according to the National…
Rundown Sydney home in need of $500,000 in repairs hits the market
A rundown Sydney home that needs upward of $500,000 in repairs is attracting plenty of interest from potential…
Sandra Bullock selling her San Diego estate
Miss Congeniality star, Sandra Bullock is looking to offload her mammoth 91-acre San Diego compound for US$6 million.
Different to offer property management as-a-service
Australian proptech :Different, has announced the launch of an all-in-one property management solution, :Different for Agencies.
Rental stock levels well below five-year average
Rental stock levels are more than 35 per cent below the five-year average and growth in annual rents…
The latest tech gadgets real estate could use
If there’s one thing real estate agents don’t have a lot of, it’s time. Productivity is key to…
Rising interest rates lead to a surge in refinancing
Homeowners are refinancing their mortgages at record levels as the impact of rising interest rates start to take…
Preliminary clearance hits its highest peak since late May
The preliminary clearance rate has reached its highest point since May after auction volumes increased this week.
Sydney vacancy rates hit the lowest on record
Sydney's vacancy rate has dropped to a record low of 1.1 per cent, with the number of available…
Elton John purchases luxury Toronto penthouse
Rocket Man Elton John has added to his already impressive property portfolio, picking up the penthouse in the…
Perth rental stock hits the lowest level in 12 years
Perth rental volumes continue to plummet, with new data showing the number of available properties has reached a…
2022 brings success for WA’s top agent
Ray White Dalkeith | Claremont principal Vivien Yap has become the first agent internationally to reach Ray White's…
Sydney’s ‘Rainbow House’ to go under the hammer
One of Sydney’s most recognisable houses, a two-storey Enmore terrace painted in rainbow stripes in support of the…
Damian Collins ends REIWA presidential term proud of the industry’s achievements
Damian Collins’ four-year term as Real Estate Institute of Western Australia president will come to an end on…
Prevent burnout with new property management tools
Property managers are calling time on the real estate industry, struggling to cope with busy workloads and poor…
How to choose the right exit strategy for your business
Sales, retirements, and unforeseen events can lead to you or a partner exiting your real estate agency, but…
Lending to build new homes slows down
Rising interest rates continue to weigh on housing finance, with new data from the Australian Bureau of Statistics…
Tommy Lee relists his Los Angeles home
Rock-n-roll icon Tommy Lee is once again attempting to offload his Los Angels home and looking at taking…
Rents rise at fastest quarterly pace on record
Rents have risen at the fastest quarterly pace on record, soaring 4.3 per cent nationally in the three…
Andrew Meehan elected REIV President
Mornington Peninsula real estate agent Andrew Meehan was yesterday elected as President of the Real Estate Institute of…