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.
McGrath posts $7.5 million profit and plan for more offices
McGrath now has 16 more offices and 81 more agents than it did a year ago, with a view to add 115 high quality new offices to the network over the next three to four years.
NSW Government floats levies and day caps on short-term rentals
Revenue levies and lower day caps are among the options the NSW Government will consider in a review…
Commercial auction events to see 40 properties go under the hammer
Two major commercial auction events are set to see 40 commercial properties go under the hammer across the…
Retail asset transactions gain best market share in 20 years
For the first time in nearly 20 years, retail assets have made up the largest portion of commercial…
New Zealand homeowners struggle to pay mortgage
New Zealanders are struggling afford a home, with higher interest rates and elevated property prices squeezing borrowers.
Forget about making zillions, Zillow posted a net loss for 2023
A fourth quarter surge in revenue hasn’t stopped US listings platform Zillow from posting a calendar year loss…
New listings surge in Sydney and Melbourne
A surge of sellers have listed their homes, with Sydney and Melbourne reporting the biggest jump in new…
Belle Property expands with a new office in Bridgeman Downs
Ben Ball will lead the office, which is one of three to open for Belle Property in the…
Turner Real Estate launches new tree planting initiative
Turner Real Estate will partner with Trees For Life as it aims to do more to help the…
Jason Crerar joins The Agency in Tasmania
The Agency has appointed former realestate.com.au executive Jason Crerar as state manager in Tasmania, as the brand looks…
Busselton leads the way for regional price growth in WA
The coastal community of Busselton in Western Australia’s South West was the top-performing regional centre for the December…
Real estate trio join Richardson & Wrench at new Bribie Island office
Leading real estate franchise group Richardson & Wrench has snapped up some of Bongaree’s biggest hitters as it…
Hotel room rates surge as Taylor Swift fever takes hold
Tourism assets are seeing a resurgence with a string of big-name artists including Taylor Swift and high-profile sporting…
Ray White agents focus on process in 2024
The opportunity to have your best year ever will be dictated by your process was the message coming…
Market turnaround leads to profit for Domain
Domain has witnessed a “pleasing turnaround” in the property market and its financial performance, with profits rising 48.7…
NSW vacancy rates ease as the rental crisis continues
In a small win for New South Wales renters, residential vacancy rates have eased in some areas, however,…
Regional areas emerge as sanctuaries from the rental crisis
The rental crisis continues to put renters under extreme pressure, however, new research has found a number of…
Consumer confidence boosts property market auction success
Consumer confidence is returning to the property market, resulting in higher than normal auction clearance rates.
Rent freeze would spell disaster for Canberra
The Greens latest proposal to freeze rents in the ACT would be a “catastrophe” for Canberran renters and…
Buxton Real Estate Group brings in technology expert Jessica Oakley
Jessica Oakley has joined Buxton Real Estate Group as Business Technology Manager and is set to streamline the…
Heston Marino to lead new McGrath Toowoomba office
Heston Marino will lead McGrath’s new Toowoomba office, with the team aiming to capitalise on the rapidly growing…
LAWD appoints Henry Sayers to spearhead its industrial expansion
Specialist valuation and transaction firm, LAWD has appointed property specialist Henry Sayers to expand their industrial offering.
REIA warns against over-favouring corporates in BTR investments
The Real Estate Institute of Australia (REIA) has cautioned the Federal government, not to prioritise foreign investment into…
REACH Australia and New Zealand unveils the class of 2024
A tech-driven, custom-tailored menswear brand, a resident experience company meeting the demands of modern living and a group…
Home sweet heart: buyers find love after moving
More than 40 per cent of recent home buyers haven’t just purchased bricks and mortar, but found love…
Homely partners with HouGarden to promote listings to a wider Asian audience
Australian real estate portal Homely.com.au has joined forces with HouGarden, a platform for Chinese buyers based in New…
Tribunal denies BTR landlord a rent increase of $85 per week
A Canberra landlord who wanted to hike their tenant's rent by 20 per cent has had the move…
Stamp duty now costs up to six times more than a generation ago
Homebuyers are now paying up to six times more in stamp duty than a generation ago as incomes…
Healthier market leads REA Group to excellent half-year financial results
REA Group Chief Executive Officer Owen Wilson has predicted “healthy market conditions” for the remainder of 2024 on…
The Florida compound set to break records
A stunning compound in Naples, Florida, the features three homes has been listed for sale at an astounding…
How can housing values fall when demand is so high?
The housing crisis and ongoing demand for property due to population growth is being reflected most of all…
WeWork founder Adam Neumann looking to buy the company back
Five years after being ousted from WeWork, founder and former CEO Adam Neumann is looking to buy back…
Homes.com to launch $1 billion marketing campaign at the Super Bowl
When the Super Bowl kicks off at 10.30am on Monday, February 12, eyes won’t just be on the…
‘Right to disconnect’ laws could impact real estate
Proposed new laws allowing employees to ignore “unreasonable” contact from their bosses, and related third parties, after hours…
The Agency welcomes two new offices in South East Queensland
The Agency has opened offices across South East Queensland as it embarks on ambitious growth targets for the…