Real Estate News
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A quarter of homes sold for more than $1 million
Almost one-quarter of all homes sold in the past 12 months have been worth more than $1 million dollars
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Property prices fuel rise in household wealth
Climbing property prices continued to fuel an increase in total household wealth in the March quarter, with wealth per capita soaring to a record high of $574,807.
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Just how at risk is Australia of falling property prices?
Australian property prices will not fall as much as they have gained in the past 12 months according to industry experts, despite a new global study saying the market is one of the most at risk in the world of dropping.
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Gold Coast developer accepts crypto as deposit on luxury apartments
A Gold Coast property developer is accepting Bitcoin as a deposit for their latest luxury apartment development.
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Kate Mara and Jamie Bell list their secluded Los Feliz home
Married actors Kate Mara and Jamie Bell have listed their private retreat in the hills of Los Feliz for US$3.2 million.
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Virtual assistants a timesaver for agents
Not enough hours in the day? Frustrated because you really need more hands in the office but don’t have the budget?
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2021 Census: Apartment living rises but fewer homes owned outright
The way Australians live is becoming increasingly diverse, with fewer households owning their home outright and more people living in apartments, according to the 2021 Census.
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Kolmeo appoints Eloise Wall as first chief customer officer
Kolmeo CEO Scott Bateman said Eloise was chosen after an extensive and extremely competitive selection process which considered experienced and highly credentialled candidates.
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Sydney in top 10 for prime residential rent growth
Sydney has ranked fifth on a global list of cities with the highest annual rise in prime residential rents.
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How blockchain will revolutionise real estate
The Real Estate Institute of Australia has released a groundbreaking report, outlining the many use cases for blockchain in real estate and examining how it could shape the industry moving forward.
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Kristen Wiig buys charming Pasadena Georgian home
Having recently sold her Passena property, actress Kristen Wiig has decided to purchase a new Georgian home just a few blocks down the street.
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Where are you most likely to find an energy efficient home?
Energy prices are on the move and although a crisis of widespread blackouts looks to be averted for now, longer term, having an energy efficient home is going to become increasingly important. So, are we seeing more energy efficient homes? And in what suburbs are we seeing more of them?
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Melbourne named Australia’s most liveable city
Melbourne has been named Australia’s most liveable city and number 10 in the world, while other state capitals have tumbled down the rankings.
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Adam Naumovski closes 27 sales worth $12 million-plus in a month
Western Australia’s #1 real-estate agent for 2021 , Adam Naumovski has continued to maintain incredible momentum with a record month of sales for the month of May, which saw the top realtor close 27 properties with a combined value of over $12 million.
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ANZ and Westpac lift fixed rates again
ANZ and Westpac have again hiked the interest rate on their fixed rate loan products.
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Mortgage holders to ‘grit their teeth’ and absorb interest rate hikes
As interest rates look set to keep on rising, over five million Australians are likely to be impacted by the higher cost of living and could experience mortgage stress, according to data.
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Aussie supermodel Kristy Hinze Clark sells Florida home for $251 million
Australian supermodel Kristy Hinze Clark and her husband, Netscape founder Jim Clark have sold their Folirda home for a record-setting $251 million.
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Drop in auction volumes sees clearance rate rise
Auction volumes fell across the combined capitals this week, largely driven by a drop in properties going under the hammer in Melbourne.
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MoneyMe revamps ListReady for agents
Digital lender and non-bank challenger MONEYME (ASX: MME) has revamped its ListReady product for real estate agents, in a bid to create a more seamless process that allows them to focus on what they do best, while empowering sellers in a shifting market.
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The blueprint for becoming a million dollar agent
Are you ready to step up your real estate game, target the 2022 consumer, make more money and become a listings machine, all while building your profile and reclaiming your time?
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Regional NSW and QLD desperate for more rental stock
Several regional areas across NSW and QLD are facing a dramatic undersupply of rental properties as falling vacancy rates and rising rents put pressure on low-income earners.
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Homeownership increasingly “out of reach” as average deposit hits $120,000
The surge in property prices has seen the hurdle to get into the property market get even higher with the average first home buyer deposit hitting $119,560.
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What your sleep position says about you
Body language can tell you a lot about a person. A furrowed facial expression can mean concern or confusion, while a smile shows happiness and elation. Averting eye contact can indicate nervousness and crossed arms can clearly convey someone is defensive. But did you know your body can reveal insights into your personality even when you're asleep?
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Homely continues Queensland expansion with Ray White partnership
Homely.com.au, one of Australia's largest online real estate marketplaces, has further expanded their Queensland presence with their most recent sponsorship of the largest real estate networks in Australia, Ray White Queensland.
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Investor interest in unit blocks on the rise
Despite some weakness in property markets, unit blocks continue to see a strong level of competition from investors on the hunt for assets that can market conditions.
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Mauricio Umansky and Kyle Richards list Aspen retreat
Luxury real estate broker Mauricio Umansky and his Real Housewives of Beverly Hills wife Kyle Richards have officially opted to offload their Aspen Retreat after nearly six years of ownership.
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Prices rose 40 per cent in NSW as growth slows
Home prices in New South Wales are finally starting to slow after a record run of growth that saw values surge 40 per cent between June 2020 and March 2022.
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The number of homes cheaper to buy than rent has plummeted this year
Record home price increases combined with rising interest rates have made more homes cheaper to rent than buy.
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Market boom prompts agent increase
Whether it was the popularity of Luxe Listings or the fact the property market enjoyed an upswing, real estate has become an increasingly popular career choice over the past couple of years.
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Explore Property appoints new growth manager
Already a strong player in the Queensland market, Explore Property sets its sights firmly on the South East corner with the appointment of Shenal Yigitbas to its corporate team.
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Jonah Hill pays $15 million for second Malibu home
Moneyball star Jonah Hill is growing his portfolio of Malibu homes, shelling out US$15.5 million for a beachside estate with picturesque ocean views.
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Half of New Zealand suburbs declining in value
Auckland’s Point Chevalier has a new title it probably isn’t too keen on holding as the New Zealand suburb to decrease most in value in the past three months.
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REIQ: State Budget misses the mark
The Real Estate Institute of Queensland has hit out at the State Government’s 2022-23 Budget, saying it is disappointed at the lack of action on housing affordability and accessibility.
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The Agency Group opens property gallery in Perth’s Western Suburbs
The Agency Group has opened a property gallery that doubles as an art space in the 'Golden Triangle' of Perth's exclusive Western Suburbs.
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High growth Century 21 office expands to second location
Century 21 is excited to announce award-winning business, Century 21 Signature Realty in Nowra, is opening a second office at Callala Beach in the NSW Shoalhaven region.
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