Real Estate News
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BizCover among Australia’s best privately managed companies
BizCover has been recognised as one of six top-performing private Australian businesses in Deloitte Australia's 2024 Best Managed Companies awards.
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Kanye West’s former Malibu mansion listed for US$39 million
A beachfront Malibu property once gutted by rapper Kanye West has returned to the market with a US$39 million price tag while still undergoing extensive renovations.
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Co-working spaces are booming and profits are growing
Australia's flexible workspace industry is experiencing strong growth with operators reporting increased revenue, rising profitability, and high confidence levels.
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Hardeep Singh: A decade of dedication in Casey
Hardeep Singh believes success in real estate comes down to three simple principles: concentration, focus, and hard work.
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Top of the Props: Australia and New Zealand’s Boldest PropTech Founders Go Head-to-Head in 2025 Pitch Battle
The Gold Coast will play host to Top of the Props, a high-energy live pitch event by REACH Australia and New Zealand, where emerging PropTech innovators will go head-to-head in a showcase of fresh ideas and industry potential.
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Generational shift for Ray White on the Gold Coast
Ray White Surfers Paradise has undergone a "generational reset" which will see it divided up and three new ownership groups brought in.
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Federal Budget addresses housing crisis but more action needed
The Albanese Government's pre-election budget has made positive steps toward addressing Australia's housing crisis, though experts suggest that more needs to be done.
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Investor loans spike nationwide as NSW hits record high
Investor loans have jumped 22 per cent across Australia over the past year, more than tripling the growth rate of owner-occupier loans according to a new report.
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Marcus Bontempelli lends star power to Footscray’s ARCO development
Western Bulldogs captain Marcus Bontempelli is bringing more than just sporting success to Melbourne’s west, teaming up with Ray White Williamstown to support the boutique ARCO apartment development in Footscray.
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Why maintenance at a rental is vital
It may not be your landlords’ favourite topic of conversation, but property maintenance is something that shouldn’t be ignored. EBM RentCover Managing Director Sharon Fox-Slater explains why.
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Expansion sees new headquarters for The Agency Brisbane
The Agency Brisbane has opened its new headquarters in Fortitude Valley, representing a new era for the company.
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Todd McKenney buys $2m Fitzroy warehouse conversion
Stage and screen performer Todd McKenney has made a big lifestyle change, purchasing a $2.035 million warehouse conversion in Melbourne's trendy Fitzroy after selling his Sydney home.
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Extell secures final Fifth Avenue lot for $265M AUD, plans $1.5B tower with Manhattan’s first IKEA
After a decade of strategic acquisitions, real estate heavyweight Extell Development Company has finalised its long-anticipated deal for the final parcel at 576 Fifth Avenue, securing full control of the entire block between West 46th and 47th Streets in Midtown Manhattan.
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Labor expands “Help to Buy” scheme to reach more homebuyers
The federal government will significantly expand its "Help to Buy" shared equity housing scheme in the Federal Budget, raising both income and property price caps to make the program accessible to more Australians.
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NSW ends No-Grounds Evictions: rental reform laws to begin in May
The Minns Labor Government has confirmed that major rental law reforms — including the end of no-grounds evictions — will take effect in New South Wales from 19 May 2025.
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Real estate women reset and recharge at Queensland event
Over 200 women from Queensland's real estate industry gathered at Brisbane's Cloudland for the Leading Ladies of Real Estate Reset and Recharge series, focusing on mental wellbeing and professional growth.
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Norway’s oil fund buys 25% stake in London’s Covent Garden for £570 Million
Norway’s sovereign wealth fund, the world’s largest at US$1.8 trillion, has acquired a 25 per cent stake in London’s Covent Garden for £570 million, continuing its expansion into some of the city’s most prestigious real estate.
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The Block winners Mitch & Mark list luxurious beach home
TV renovation stars Mitch and Mark have listed their meticulously transformed home in Sydney's Northern Beaches, marking their first major project since winning The Block.
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Andrew Friebe returns to Harcourts as Queensland CEO
Andrew Friebe has been appointed as the new CEO for Harcourts Queensland, returning to the brand after previously serving in senior roles within the organisation.
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Nine in talks to sell Domain stake to US real estate giant
Media reports have suggested Nine Entertainment has entered negotiations to sell its controlling stake in Domain to US real estate conglomerate CoStar, with a potential price tag significantly higher than CoStar's initial offer.
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Victoria leads Australia’s population growth as housing shortfall looms
New data from the Australian Bureau of Statistics (ABS) shows Australia’s population grew by 484,000 people (1.8%) in the year to September 2024, with Victoria leading the way, adding 147,000 new residents. Oliver Hume Chief Economist Matt Bell warns a housing shortfall will be a “tragedy” for low and middle-income households already struggling with affordability.
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Lagging construction might mean rent will rise in the US
Declining multifamily construction permits could lead to higher rent prices in major metros despite recent rent decreases.
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Sonia Kruger sells Mosman mansion for nearly $20 Million
Gold Logie-winning TV presenter Sonia Kruger and her partner Craig McPherson have sold their stunning Mosman home for just under $20 million.
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Rate wars could see borrowers opt for longer fixed terms
New Zealand borrowers may soon shift away from short-term fixed mortgages as banks engage in "rate wars" offering lower 2-3 year fixed rates.
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LJ Hooker calls for urgent housing action ahead of Federal Budget
Australia’s housing crisis is in the spotlight as LJ Hooker urges the Federal Government to fast-track solutions to boost supply, ease affordability, and cut red tape.
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REIV calls for tax reform to boost Victoria’s housing supply
The Real Estate Institute of Victoria (REIV) is urging the Victorian Government to implement property tax reforms to address the state's housing crisis ahead of the 2025-26 State Budget.
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Elections don’t actually impact the property market
Contrary to popular belief, Federal elections have little effect on Australia's property market, according to new research.
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Dar Global invests AUD$613 million in Saudi Arabia’s residential market
Luxury real estate developer Dar Global has made a significant move in Saudi Arabia’s booming property market, investing €358 million (AUD $613 million) to acquire two residential-led development sites in Jeddah and Riyadh.
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Rock icons and fine wine: Tallagandra Hill hits the market
A celebrity-favourite winery and events venue, which has hosted some of Australia’s biggest music legends, is now on the market.
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Big wins for home sellers, but unit owners feel the pinch
Australian home sellers achieved record-breaking profits in the December 2024 quarter, with a median nominal gain of $306,000, according to CoreLogic's latest Pain & Gain report.
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View Media Group’s view.resi solution delivered a 27% increase in Open For Inspection attendees
Following the launch of View Media Group’s view.resi solution in late 2024, VMG has released the results from its partnership with Place Estate Agents.
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David Coombes opens third office in Boorowa
The market-leading team at Ray White Young and Ray White Harden in the South West Slopes region of New South Wales have officially opened the doors to the third office, Ray White Rural Boorowa.
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Next step in business leads to alignment with RE/MAX
RE/MAX Australia has welcomed prominent business operators and community identities Jitendra and Sandy Deo to the network, as they rebrand their successful real estate business, DEO Realty, to RE/MAX Landmark.
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New York’s Woolworth mansion drops price to just under US$50 Million
A landmark Upper East Side townhouse, known as the Woolworth Mansion, has seen its asking price slashed by nearly $10 million, now listed for just under $50 million (AUD $76 million).
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Trump’s tariffs push up construction costs for US developers
Real estate developers across the US are facing rising costs as President Donald Trump’s latest tariffs increase prices on key building materials, including steel, aluminum, copper, and tiling.
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