Real Estate News
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Westpac is the first major bank to cut their variable home loan rate to 1.99 per cent
Westpac has become the first big four bank to offer a variable home loan rate under 2 per cent, however the rate is only introductory.
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What current property market trends tell us about the future of Australian real estate
The Agency CEO Matt Lahood joked the property market's progress was "not bad at all", considering how many regions have been in lockdown.
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Changing lanes: How Alison Euler started her own real estate business
From working in local political offices to global companies, newly-minted business owner Alison Euler has a wealth of experience to draw on.
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The majority of millennials would consider living in a 3D-printed house
A new study from Realtor.com has found 75 per cent of millennials (born 1981 to 1996) would consider living in a 3D-printed home, citing affordability, energy efficiency and resistance to natural disasters as major benefits.
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McGrath celebrates stellar financial turnaround
McGrath has finished the 2021 financial year on a high, announcing an $18.3 million turnaround on its previous financial year results.
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Withdrawals see clearance rate drop to lowest level since July 2020
This week saw the lowest preliminary clearance rate recorded since July last year, with only 63.3 per cent of the 1977 auctions scheduled for this week proving successful.
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O*NO Legal’s REAL Health Check launch reveals agency commissions are at risk
Established real estate agencies are reportedly using sales contracts that aren’t legally binding, O*No Legal’s Real Health Check revealed
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REIACT and the Attorney General urge tenants and landlords in Canberra to work together in lockdown
REIACT supported Attorney General Shane Rattenbury' suggestion tenants and landlords in Canberra will have to work together amid lockdowns.
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Housing affordability expert warns millennials are likely to be trapped in the rent cycle forever
Housing ing affordability Ian Ugarte has warned young people not to "rely on the bank of mum and dad" when purchasing a home
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The Gold Coast recorded a year’s worth of new apartment sales in three months
Research commissioned by Colliers has shown the Gold Coast reached almost $800 million in new apartment sales in the first quarter of 2021.
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Lockdowns lead to lower seller confidence but buyers remain keen for more
The REA Insights Listings Report August 2021 analysed new listings in order to deduce the latest market supply trends.
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Pretty Little Liars star Shay Mitchell’s $7.2 million Californian mansion
Pretty Little Liars star Shay Mitchell has moved to San Fernando Valley with her partner Matte Babel and their daughter Atlas Noa.
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Richardson & Wrench expands with new office in family-friendly Jordan Springs
Richardson & Wrench have announced their new office will launch in Sydney’s Western suburbs, with the introduction of the Jordan Springs Bespoke franchise.
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What could burst the Australian property market boom?
Ray White chief economist Nerida Conisbee has investigated whether anything could bring Australia's current property market growth to a halt.
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Aaron Worrad embraces a new way of working
The pandemic prompted Aaron Worrad to reflect on his place in the real estate industry, concluding there was new way of doing business emerging
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What does the Spring selling season look like for states in lockdown?
Less than two weeks out from the spring selling season of 2021, lockdown conditions are in place across the ACT, Greater Melbourne, NSW and NT.
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Pandemic and climate change to have lasting impact on the real estate industry
The pandemic and climate change are impacting so heavily on the nation that the real estate industry is poised for massive changes
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Dynamic duo: Garry Price joins son David at The Agency
The Agency has welcomed respected industry figure Garry Price to the rapidly growing Queensland team, alongside his son David Price, who acts as the The Agency’s general manager of Queensland.
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Real Estate Institute of Victoria partners with Hutly on enhanced digital signature platform
The Real Estate Institute of Victoria (REIV) and their digital partner Hutly are gearing up to release a notable enhancement to the Institute’s member-only VicForms platform next week with digital signatures becoming widely available across the state. REIV Membership Services Manager Matthew Griffin explained the most recent Delta outbreaks have only amplified the need for non-contact alternatives like digital signatures,…
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Herron Todd White: Property clock shows almost all markets in positive position
Most residential markets have remained in the rising-to-peaking sector of the national property clock, according to Herron Todd White's national property report for July.
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Belle Property returns to The Block to list Ronnie and Georgia’s house
Belle Property Sandringham agents David Wood and Jenny Dwyer have listed Ronnie and Georgia’s house on the current season of The Block.
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The ultimate lockdown home: This $20 million mansion has a Ferris wheel, swim-up bar and bowling alley
This $20 million Missouri mansion boasts resort-style pool offerings, a Ferris wheel and plenty of indoor activities, perfect for lockdown.
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NSW Government $17 billion infrastructure plans for economic recovery
The NSW Government confirmed the approval of $17 billion worth of infrastructure, including thousands of new homes
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The Perth suburbs where it’s cheaper to buy than rent
It cheaper to buy a home than rent in 112 Perth suburbs, according to the REIWA.
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Independent agency joins C21 in Mt Gravatt
After eight years operating independently, Stellario Realty Group has joined the Century 21 network and opened a new office in Mt Gravatt.
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Debit card system EFTPOS partners with Beyond Blue to assist small businesses
EFPOS has announced a new partnership of Beyond Blue, providing funding to support Australian small businesses struggling with mental health issues.
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Knight Frank appoints new Senior Sales Executive to their Prestige Residential team
Real Estate agency Knight Frank have appointed Duncan Schieb to the role of senior sales executive in their prestige residential team.
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Openn Negotiation signs a partnership agreement with the Professionals
Australian-listed proptech company Openn Negotiation has established a partnership agreement with the real estate agency Professionals Group Australia.
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REIA welcomes the housing affordability and supply inquiry
The Real Estate Institute of Australia (REIA) has welcomed the House of Representatives Standing Committee on Tax and Revenue inquiry into housing affordability and supply in Australia.
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Housing affordability and supply in the spotlight
Housing affordability is set to be the focus after an inquiry into Australia’s housing supply was announced late today.
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More than 20 lenders offer cash back on home loans under two per cent
More than 20 Australian lenders have offered up to $5,000 cash back on home loan rates under two per cent.
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Australasian Auctioneering Championships postponed until 2022
REIA and the REINZ announced the postponement of the Australasian Auctioneering Championships (AUSTROS) until 2022.
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Strong interest for commercial investment properties in NSW despite lockdowns
Strong demand for investment properties in New South Wales has been maintained despite lockdowns, according to Knight Frank.
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First home buyers in NZ will suffer from the Reserve Bank’s surprise decision on mortgage deposits
RBNZ's decision to reduce the number of owner-occupiers that can get a mortgage with less than a 20 per cent deposit is set to have huge impacts on first home buyers
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Dame Helen Mirren rents her Hollywood Hills estate for US$45,000 per month
Do you want the luxury of living in your own little slice of classic film history? Dame Helen Mirren and her director-husband Taylor Hackford can help you do just that, with their Hollywood Hills home for sale for US$18.5million or for rent at US$45,000 per month.
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