INDUSTRY NEWS
-
Dilapidated Sydney homes selling well above reserve
Three rundown Sydney properties have sold well above their reserve price over the weekend, highlighting just how strong the current market is.
Read More » -
Investors turn to fast food and childcare assets
Drive-through fast food, medical, childcare, hotels and large format retail premises are dominating the commercial investment market as the most highly-sought assets as investors look for stability.
Read More » -
Court case shows why agents and creatives must read the fine print
Engaging a photographer to enhance your listing is par for the course for most real estate agents, but what most don’t know is they could be risking copyright infringement.
Read More » -
National scheme needed to bolster falling home ownership rates
An economic policy expert has called on the Federal Government to introduce a national shared equity scheme to help halt Australia’s falling home ownership rates. Grattan Institute Economic Policy Program Director Brendan Coates said whichever party won the Federal Election this year needed to tackle housing affordability and turn the nation’s rapidly declining home ownership rates around. “Within living memory,…
Read More » -
Clearance rate steady as auction volumes continue to rise
Auction activity continued to increase this week, with volume up 20.7 per cent week-on-week and 36.2 per cent higher than the same time last year.
Read More » -
The gap between house and unit values reaches a record high
Ongoing demand for more space has seen the difference in price between houses and units accelerate with the gap now at a record high.
Read More » -
REIA announce National Awards for Excellence finalists
Finalists in the 17th REIA National Awards for Excellence 2022 have been announced, with the best agencies, agents and property managers set to vie for the coveted awards.
Read More » -
Market Buy’s engine now available to brands
Online offer management platform Market Buy now provides brands with the ability to ‘white label’ their software for a branded experience.
Read More » -
Luxe Listings Sydney is back for Season 2… with a new agent
The hotly anticipated second season of the hit show, Luxe Listings Sydney is about to hit the screens in Australia after quickly becoming must-watch TV for lovers of high-end real estate.
Read More » -
Domain’s marketplace strategy reaping results with half-year revenue up 27.9 per cent
Domain’s ‘Marketplace strategy’ is reaping rewards with the group posting revenue of $175.3 million for the first half of the 2021/22 financial year.
Read More » -
More Queenslanders eyeing off a career in real estate
On the back of a booming property market and an influx of new residents, nearly one in three Queenslanders like the idea of a career in real estate.
Read More » -
A different approach to real estate education
By the very nature of their profession, real estate agents are busy people, so when it comes to pursuing further study, the traditional process can be prohibitive.Â
Read More » -
Retail property starting to bounce back
Sales volumes for retail property has returned to the highest levels since 2015 after seeing off a tough few years for the sector.
Read More » -
Aussie iBuyer continues to grow as Zillow Offers exits US
A leading Australian iBuyer isn’t concerned about its position in the market despite Zillow calling it quits on its US homebuying business.
Read More » -
High Court rules on employee versus independent contractor issue
The High Court has confirmed the primacy of contractual terms and the importance of contractual interpretation in two crucial decisions handed down on 9 February 2022 regarding the distinction between employees and independent contractors.
Read More » -
Antony Catalano to launch a new Melbourne-based publication
ACM Executive Chairman, Antony Catalano has confirmed that ACM will launch its first local news, lifestyle & property publication in the inner east of Melbourne, capturing Richmond, Cremorne, Burnley, Abbotsford and East Melbourne: the Inner East ReView.
Read More » -
Aussie’s Spent $688 billion on property in 2021
Australians spent a whopping $688 billion in a home buying spree in 2021, which was an astounding 57 per cent more than the year before.
Read More » -
ANZ scraps its most popular home loan
ANZ will scrap its most popular Breakfree package in a move that will impact 350,000 existing customers.
Read More » -
HTW property clock stable, but what will happen next?
Herron Todd White (HTW) has released its real estate predictions for the year ahead as the monthly property clocks continues to show market stability.
Read More » -
Tree-changers drive regional property prices, reduce selling times
More space, flexible working conditions and affordability is fuelling a surge in regional property values, as Australians flee the capital cities in search of a more relaxed style of living.
Read More » -
Mental health battles to force one in four property managers out
The pressures of the last two years have started to significantly impact the mental health of property managers across the country, with one in four now looking at leaving the industry.
Read More » -
Similarweb names Openn in its Digital 100 annual rankings
Openn has been recognised by web traffic analysis company, Similarweb in an annual ranking of the fastest growing digital brands across five industry categories. Known as the Digital 100, the annual ranking is a globally recognised benchmark of digital performance. It ranks the fastest-growing sites in Australia across five key industry categories, including real estate, apparel, beauty, financial services, and…
Read More » -
NSW and QLD driving demand for new housing
The home building boom is in full swing in NSW, with sales of new detached homes the second-highest on record over the past three months.
Read More » -
Harcourts Packham initiates partnership to tackle homelessness in SA
A former backpacker’s hostel in the heart of the Adelaide CBD has been transformed into short-term accommodation for South Australians experiencing or at risk of homelessness in a partnership that is a first for the state.
Read More » -
New data reveals best practice for email marketing
A new report from ActivePipe helps real estate agents make their email marketing more effective by revealing the key benchmarks to surpass to deliver best practice campaigns.
Read More » -
Rents to skyrocket by thousands in 59 Australian suburbs
The cost of renting could jump $5000 in 59 suburbs across the country this year, as Australia sits on the cusp of the worst rental crisis in 230 years, according to Propertyology's Simon Pressley.
Read More » -
How to maximise your buyers’ offers and keep them all onside
Every Agent knows that technology holds the key to help them become both effective and efficient.
Read More » -
Auction volumes up 35 per cent, clearance rate also climbing
Auction volumes and the clearance rate continued to climb this week, with the number of auctions increasing 35.2 per cent while enjoying the highest success rate since late November last year.
Read More » -
Proposed NSW property tax changes labelled ‘nonsensical’
The Real Estate Institute of NSW has labelled the State Government’s proposed changes to stamp duty "nonsensical".
Read More » -
NAB tips property price drop in 2023
One of Australia’s big four banks expects property price growth to slow dramatically before falling 10 per cent in 2023.
Read More » -
Biggest January surge in new listings since 2014
Homeowners keen to sell have wasted no time putting their property on the market, with a 55.6 jump in capital city listings since December.
Read More » -
Real Estate Institute of WA appoints new CEO
The Real Estate Institute of Western Australia has announced the appointment of Cath Hart as its new Chief Executive Officer.
Read More » -
Aussie house hunters view property listings at a record rate
Homebuyers are out in force to start 2022, with new data showing views on property listings surged 48.2 per cent in January, setting a new record.
Read More » -
ANZ increases fixed rate home loans up to 0.4 per cent
ANZ has joined it’s big four counterparts in raising fixed rates this year, announcing a hike of up to 0.4 per cent for owner-occupiers and investors.
Read More » -
Top 10 Perth suburbs tipped for price growth in 2022
Ten Perth suburbs that recorded well below 10 per cent price growth last year have been singled out as the areas primed for capital growth in 2022.
Read More »