Real Estate News
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Hard work and dedication pay off for 2021 AREA winners
Happy clients, excellent results and self-betterment are high on every real estate agent’s agenda.
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Voters worry young people won’t be able to buy a home
Nearly three quarters of voters fear young Australians will never be able to afford a home according to new research.
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Why Australia’s top performers are switching to Market Buy
What do Chris Gilmour, Cara Bergman, Mark McGill, Jo Mooney and Brett Andreassen have in common?
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Homebuyers cautious of potential natural disasters when moving to regions
Three-quarters of Australians would consider moving to a large regional centre under the right circumstances but are wary of the risk of extreme weather events, according to new research.
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Real estate’s night of nights – all the AREAs winners
DiJones taking out Residential Agency of the Year for the second year in a row.
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The Sydney suburb that is Australia’s tightest housing market
North Sydney is the most undersupplied market in Australia with ‘extraordinarily low’ inventory levels making life tough for buyers according to new analysis.
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Young Aussies stuck living at home longer
The rising cost of housing around the country is forcing young Australians to stay at home longer with 25 per cent of millennials still stuck with their parents after turning 30.
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Agents achieve career-best year with eXp Realty
There’s an old saying that posits, ‘What a difference a year makes’, and that’s certainly proved true for Leigh Martinuzzi since he joined eXp Realty.
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First home buyers forced to save for 11 extra months to afford a home
Average couples are now forced to spend 11 additional months saving for a deposit to afford an entry-level house compared to the same time last year according to new research.
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How Antony Thompson grew his business 140 per cent in just one year
When Antony Thompson decided to go out on his own and launch Blac Property Group powered by UrbanX, he was nervous about running his own business.
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Sydney second to Hong Kong as world’s least affordable property market
Sydney has been named the second most unaffordable housing market in the world according to new research.
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Investors should look to capitalise on rising listings
Buyers should look to capitalise on slowing market conditions and take a long-term approach to investing according to a leading buyers agent.
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Real estate farewells industry icon Bart Doff
Tributes are flowing in for long-time Laing+Simmons Double Bay principal and industry icon Bart Doff, who has passed away.
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One in four NSW and QLD residents not insured for extreme weather
New data suggests 22 per cent of New South Wales and Queensland residents are uninsured against extreme weather events such as floods, bushfires, or storms.
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‘Uncertainty’ remains in national office markets: HTW
Despite Covid restrictions slowly easing around the country, it will take some time before businesses and employees return to the CBD amid ongoing “uncertainty” according to the latest Herron Todd White Month in Review.
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Autumn styling with Justine Wilson
Leading Sydney Property Stylist, Justine Wilson shares her favourite season of the year’s tips and tricks to get on trend in the home this autumn. From colour palettes to texture, patterns and adding some ambience, Justine provides solutions for every room in the home.
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HSBC buys virtual real estate in the metaverse
Leading international bank HSBC has purchased virtual land in The Sandbox metaverse, joining more than 200 companies that have taken up virtual real estate. The groundbreaking partnership between The Sandbox and HSBC will see the financial services provider acquire land and virtual real estate, which will be developed to engage and connect with sports, esports and gaming enthusiasts. The partnership…
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Australia entering a GFC-style rental crisis
Australia is on the cusp of a GFC-style rental crisis with more pain ahead for renters according to a leading expert.
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REIWA calls for targeted stamp duty reform
REIWA is calling on the WA Government to introduce stamp duty reforms to help first home buyers and seniors, off-the-plan properties and small businesses.
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Bridging loan FinTech Bridgit raises $7.7 million
Non-bank lender Bridgit has secured $7.7 million in its latest funding round as the FinTech company looks to expand its bridging loan product.
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Rising property prices, low interest rates lead to record housing debt
Housing debt levels have hit a record high on the back of soaring property prices new data reveals.
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Auction volumes top the 3000 mark
Auction volumes have again surpassed the 3000 mark, making this weekend the second busiest of the year so far.
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Australia’s biggest and most unusual fears
If you don’t like hanging out in large crowds you’re not alone with new research finding two-thirds of people have an irrational fear of big gatherings.
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Tony Montana’s mansion from Scarface lists for $55 million
The mansion made famous by cocaine kingpin Tony Montana in the hit film Scarface is on the market for $55 million.
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Meriton and MRI Software partner in built-for-rent project
Australia’s biggest residential apartment developer, Meriton, has chosen MRI Software to take the management and maintenance of 9000 built-for-rent Meriton apartments across NSW and QLD online as part of a new three-year contract with the global real estate software leader.
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Australian residential property value nears $10 trillion
The total value of Australia’s 10.8 million residential properties has increased at record pace to nearly $10 trillion ($9901.6 billion) according to new data.
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How agencies are coping with losing management fees from flood-affected homes
Real estate agencies in flood-ravaged Northern NSW have urged others to set aside some profits every month, with their ‘rainy day’ disaster funds now coming in handy.
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Coming clean: the most satisfying TikTok videos
If you’ve ever wanted to quickly clean up a carpet stain minutes before an open home then data from a new study on TikTok trends shows that you’re not alone.
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Domain Trailblazer Awards to recognise emerging talent
Domain will recognise emerging agents and property managers who find innovative ways to help colleagues, clients and their business reach their goals, with a new awards series.
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REA Group refreshes property.com.au
REA Group has today announced a refresh to property.com.au, the first investment in the property website in a number of years.
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Jonah Hill selling his Lower Manhattan loft for $11 million
Funnyman Jonah Hill is selling his Lower Manhattan loft for US$11 million having recently purchased a new home in Malibu.
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Investors driving rising markets on Herron Todd White property clock
Soaring Sydney property prices in 2021 “overshadowed” another key market trend of rising rental rates, according to the latest Herron Todd White (HTW) Month in Review.
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House prices grew at the fastest rate in 20 years
National house prices grew at 25.1 per cent in 2021, making it the fastest annual growth rate in 20 years, according to new data.
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Reapit set to expand portfolio with acquisition of Console
Cloud-based property software provider Reapit, backed by private equity firm Accel-KKR (AKKR), has announced the acquisition of Console.
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Western Sydney duo seizes the chance to make their own decisions
Two Western Sydney agents have joined forces, to launch their own business, InHaus Estate Agents, powered by UrbanX.
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