Real Estate News
-
How are renter-landlord relations faring in the pandemic?
Researchers from RMIT University and the University of Adelaide have teamed up for a study that reveals the pandemic has created significant tension in the landlord-tenant relationship.
Read More » -
Optimism returns to the property market: report
Positive sentiment has returned to the property market, according to ME’s latest Quarterly Property Sentiment Report.
Read More » -
PICA secures landmark green solar deal for its strata buildings
PICA Group has announced a new green solar energy deal, which will see 64 of its strata buildings save an estimated $681,000 annually, while reducing carbon emissions.
Read More » -
Inner-Sydney vacancy rate at an all-time high
REINSW has released its Vacancy Rate Survey results for October, which show vacancies across Sydney continue to rise, with the Inner Ring hitting an all-time high.
Read More » -
Claudio Encina announces ‘Deep Live Intensive’ with a 2020 twist
December 1 is the first day of summer, and what better way to celebrate the start of the season than with a cold plunge into icy water?
Read More » -
HTW: Was the pandemic a ‘booster shot’ for industrial real estate?
It made sense at the beginning of the pandemic to expect a decline in all commercial property markets.
Read More » -
Ray White reports biggest sales month in 118-year history
The Ray White Group has reported the strongest month of sales in the group's 118-year history.
Read More » -
Use Maslow’s hierarchy of needs to improve your real estate listings
A home is often the single latest investment a buyer will make, so it helps to address their needs.
Read More » -
Flexible leases and satellite spaces: the future of office real estate
The findings note the expectation is that physical office spaces will play a key role as a hub, rather than simply a place to work. As a result, real estate will shift to offer flexible leases, and co-working spaces.
Read More » -
Exclusive: REA Group freezes prices, introduces data-based AREAs
REA Group CEO Owen Wilson and Chief Sales Officer Kul Singh spoke exclusively to Elite Agent this week about navigating the highs and lows of 2020, and their next steps in supporting the industry after what has been a challenging year. Reflecting on 2020, Owen Wilson says when the pandemic hit, REA Group understood they needed to move quickly. Once…
Read More » -
RE/MAX expands south east Queensland presence
RE/MAX Australia have announced its further expansion with the opening this month of RE/MAX Property Professionals in Springfield, west of Brisbane. Joining the global real estate network is Melina MacNellie-Verrall. Mrs MacNellie-Verrall spent the past nine years working in the finance sector for a major bank in Brisbane. The Spring…
Read More » -
Domain and REA Group shares soar
Fuelled by hope of a new dawn as a fresh president is elected in the US, the Australian stock market jumped to an eight-month high on Monday.
Read More » -
Eview Group continues expansion across Queensland
After ten prosperous years of real estate operations throughout the Mornington Peninsula, Jarod Joseph has set his sights on the Sunshine Coast's bustling property market.
Read More » -
Auckland is the global leader in luxury property price growth
Sydney, Perth and the Gold Coast have aslo ranked upon the top cities in the world for luxury residential price growth.
Read More » -
New Climate Change Bill will impact building industry
A bill introduced in the Australian Parliament today which aims to reduce emissions to net zero by 2050 has been welcomed by the building industry.
Read More » -
Mortgages cheaper than rents in over half of Australian suburbs
A new report from Aussie and CoreLogic shows that it is cheaper to pay down a mortgage than to pay rent on a comparable property in over half of Australia's suburbs.
Read More » -
Australians are building the biggest houses in the world
Australia is again building the biggest houses in the world, pushing ahead of the United States, according to the latest CommSec Home Size Report. The average new house built in Australia in 2019/20 was 235.8 square metres, up 2.9 per cent on the year and the biggest increase in 11 years. Conversely, American houses are shrinking, with sizes falling for…
Read More » -
How to avoid property scams as the market returns to life
With auction levels beginning to strengthen and state borders beginning to re-open, now is the time to make the most of clients looking to buy and sell. Technology can make it easier to facilitate a property deal, however your client may have concerns when it comes to security. The good news is, as with most things, some technologies are better…
Read More » -
Clearance rate holds firm as volume continues to increase
The preliminary clearance rate continues to hold firm, reaching 73.2 per cent on the back of higher volume this week, with CoreLogic noting there appears to be momentum building in the property market. Their data indicates 1758 homes were taken to auction across the combined capital cities this week, which is slightly higher than the previous week when 1747 auctions…
Read More » -
Canberra leads the slow return to CBDs
The latest survey of CBD office occupancy by the Property Council of Australia shows that workers are slowly returning to city offices, although uptake is slower than ideal.
Read More » -
Online glitz to celebrate Barry Plant’s Awards for Excellence
As has been custom in 2020, last Thursday, the Barry Plant Group hosted its 2020 Awards for Excellence in the living rooms of close to 900 of their staff members, invited guests, sponsors, suppliers and interested family. “Following the real estate downturn in 2018/19, our offices and their teams only had about…
Read More » -
Patrick D’Arrigo inaugural recipient of @realty’s new Allstar Award
@realty has created a new awards program to recognise its top performing agents.
Read More » -
-
Mining and remote work drive the COVID-19 regional shift
An in-depth report from realestate.com.au paints a compelling picture of a mass exodus from cities.
Read More » -
Outback NSW blocks sell for $1 at auction
Eighty properties dotted across far-west of regional NSW went under the hammer last weekend, with some landlocked blocks selling for a dollar. The property was situated in Broken Hill, Ivanhoe, and Wilcannia, among other areas. Prices spanned from $35,000 -- for a house and land package in Wilcannia, to one…
Read More » -
Celebrity homes: The most and least popular
REVEALED: The Celebrity Homes We Love (And Hate) Most! Kim Kardashian West’s house tour is the most viewed, with over 52 million views and counting!Also among the most viewed celebrity homes include Wiz Khalifa, Zedd and Kendall Jenner Lena Dunham’s L.A. home is least favoured as it has the worst like…
Read More » -
Banks start accepting further First Home Loan Deposit Scheme applications
The Housing Industry Association (HIA) welcomes the news that banks will start accepting loan applications for the New Home Guarantee under the First Home Loan Deposit Scheme. "The emphasis on new builds and an increase on the price caps for new homes means that it has never been a better…
Read More » -
Home loans dive under 2 per cent, with all eyes on the big four
Sally Tindall, research director at RateCity.com.au, said all eyes were now on the big four banks, which hold around three quarters of home loans in Australia."A rate cut has the potential to put $33 per month back in the hands of the average mortgage holder, that's almost $400 per year,"…
Read More » -
Cash rate cut will improve housing affordability – if banks get on board
The RBA's decision to cut the official interest rate to a historical low of 0.10 per cent will improve housing affordability.
Read More » -
Cash rate cut to new historic low
The Reserve Bank of Australia have cut the cash rate by 15 basis points to a new historic low of 0.10%.
Read More » -
New boutique agency in Noosa taps UrbanX platform
Working with a team of like-minded professionals in a prime location is the aspiration for many. Noosa Estate Agents - the newest boutique agency on Queensland's glorious Sunshine Coast - has the right formula and is ripe for success.
Read More » -
Kristen Stewart puts her Malibu retreat on the market
The house was designed by world-famous architect Lorcan O'Herlihy.
Read More » -
HomeBuilder is working for now, but a second cliff is up ahead
A 15.4 per cent leap in the number of dwelling approvals and a 25.3 per cent rise in the value of housing construction loans during September shows the effectiveness of the HomeBuilder program.
Read More » -
A fifth of Aussies in a better position to buy a house thanks to COVID-19
A fifth of Aussies in a better position to buy a house thanks to COVID-19 New research has revealed around half of Australians are planning home ownership within the next year, but what they are looking for in a new home is shifting as a result of COVID-19. “The CUA…
Read More » -
REIQ appoints two new board directors
The Real Estate Institute of Queensland announced the appointment of two new directors to its board.
Read More »