Real Estate News
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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.
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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.
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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.
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Openn appoints new CEO for Australia and New Zealand
Openn has appointed former chief operating officer Sean Adomeit as chief executive officer of its Australia and New Zealand operations, as part of its US expansion plans.
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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.
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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.
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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…
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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.
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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.
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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.
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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.
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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.
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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.
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Inside Gwyneth Paltrow’s ‘forever home’
Movie star Gwyneth Paltrow might be known for her wellness-inspired brand Goop, however, if you’re expecting to find an array of Goop products in her home you’re going to be disappointed.
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C21 opens full service real estate agency in Box Hill
Century 21 is breaking the mould with its new real estate office in the booming suburb of Box Hill in Sydney’s North West.
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Introducing the 2021 AREAs finalists
REA Group has this week announced the finalists for the 2021 Annual REA Excellence Awards (AREAs) with winners set to be announced at state-based events on 24 March.
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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".
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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.
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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.
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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.
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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.
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Franchise owner shifts gears to start his own brand
With over 20 years of real estate experience, Manly franchise owner, Marc Sorrentino has made the decision to leave the traditional model and launch his own brand, Sorrentino Property powered by UrbanX.
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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.
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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.
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Cost to build a home in New Zealand hits the hip pocket
The cost of building a house in New Zealand has jumped 6.1 per cent in the past year and could rise by 10 per cent or more in 2022, according to experts.
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Melbourne land prices climb past $350,000 for first time
An average block of land in Melbourne will now set you back $355,000, with prices soaring to a record high at the end of 2021.
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Leading Sunshine Coast agent Dan Smith joins The Agency
Prominent Sunshine Coast agent Dan Smith has joined The Agency, backed by decades of real estate experience in the Brisbane and Sunshine Coast real estate markets.
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Double-digit increase for SA house prices
The strength of South Australia’s property market has been revealed, with data from the Valuer-General indicating median house prices in the state increased 16.78 per cent in the 12 months to December 2021.
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Demand for CBD office space defies pandemic predictions
Demand for CBD office space is continuing to defy expert predictions of a pandemic-induced office market collapse, according to the Property Council of Australia.
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Top markets to watch for price growth in 2022
Price growth is set to accelerate in the family-friendly Melbourne suburb of Hallam and the Western Australia holiday hotspot of Broome, according to new analysis.
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Affordable, inner-city suburbs on top of buyers’ wish list
Buyers are ditching apartments and regional areas in favour of more affordable suburbs and inner-city markets, new data from NAB reveals.
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REA Group reveals outstanding half-year performance
REA Group has released its half-year financial results with the data reflecting a surge in listings along with record visitor numbers that saw the realestate.com.au emerge as Australia’s seventh largest online brand.
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New date for luxury leadership event announced
The Rise Leadership Retreat will move from its early February date to late May, to accommodate concerns about the rising infection rates of the Omicron variant of COVID.
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Smaller capitals lead the auction volume increase
Auction volumes have continued to increase this week, with the smaller capitals leading the charge.
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Dwelling approvals rise as timber shortages ease
Dwelling approvals jumped 8.2 per cent in December according to new data, with imported timber helping to ease supply chain issues and delays building a record number of approved homes.
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