Real Estate News
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Competition cools despite record low vacancy rates
Vacancy rates have returned to record low levels, but there is hope for renters, with new data showing competition for properties is starting to ease.
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RE/MAX makes an impact in Mareeba
RE/MAX has welcomed respected Mareeba business owner and real estate professional Aurelia Rogato and her team to the global network, with the rebranding of family-run agency Rogato Real Estate as RE/MAX Impact.
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The Agency recruits market leaders in Melbourne’s Williamstown
Highly regarded real estate professional Leigh Melbourne and his team have joined The Agency Victoria, and are looking to grow the brand in the Williamstown area.
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New Zealand property prices continue their recovery in January
Home prices across New Zealand have continued to rebound, with values up 0.4 per cent in January according to CoreLogic NZ.
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Rates likely to stay on hold after inflation tumbles
Inflation has fallen to its lowest rate in two years, with experts now predicting the Reserve Bank of Australia (RBA) will leave rates on hold at next week’s meeting.
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3 strategies Ekland Gomes used to sell $3.77 billion in property
Last year was a challenging one for many agents in the US real estate market.
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More retail assets likely to come to market as transactions rise
The retail sector has started the new year with a flurry of activity and there could be more assets coming to market this year, according to an expert.
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Western Sydney popular with first-home buyers
A host of suburbs across Western Sydney have topped the list of the most popular with first-home buyers, according to new data.
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Queensland estate to offer residents a private airpark
A $65 million master planned community on Queenland’s Fraser Coast will provide residents with access to one of the first ‘airparks’ in the country.
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Mixed results as home values climb for the 12th straight month
Australian property values have risen for the 12th consecutive month, but market performance remained varied among the capital cities.
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Tax cut could unlock 10,000 affordable rental homes
Lowering a single tax on build-to-rent housing could protect 150,000 new homes and create a further 10,000 affordable rental homes over the next decade, according to new modelling.
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South Australian property prices hit a record high
South Australian property continues to go from strength to strength with new data showing the median price has again made a new record high.
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Swimming pools make homes more valuable
The backyard pool is always a popular feature during the summer holidays and now new data shows that properties with pools are more attractive to buyers.
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Perth prices continue to surge in January
Perth has retained its title as the strongest property market in Australia, with house prices up 15.3 per cent over the past 12 months.
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REIQ calls on the LNP to reveal stamp duty threshold
The Real Estate Institute of Queensland (REIQ) has labelled the LNP’s promise to lift the first-home buyer stamp duty threshold as lacking substance without naming a figure.
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Agents tip interest rates to drive the market in 2024
Over 70 per cent of real estate agents think interest rates are going to be the big driver of the housing market in 2024 according to a new survey.
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Chinese property giant Evergrande ordered to liquidate
A Hong Kong court has ordered the world’s most indebted property developer, China’s Evergrande Group, to liquidate, following its failure to negotiate a restructuring agreement with creditors.
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Rental stock levels fall to record low levels
Rental stock has plummeted to historic low levels, with population growth continuing to drive demand.
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Enhanced site experience for view.com.au
Improved homepage search, ‘see all’ functionality and buyer leads for unlisted properties are among a raft of improvements unveiled as a part of view.com.au’s new autumn campaign, which launches this week.
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Clearance rate tops 80 per cent at Ray White Surfers Paradise auction bonanza
There were huge numbers of buyers on the Gold Coast this past weekend for Ray White’s annual The Event auction day, highlighting just how much demand there is for Queensland property.
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REIA on the hunt for solutions to the regional housing crisis
The Real Estate Institute of Australia (REIA) is putting together a summit focused on finding solutions to help ease the ongoing housing crisis that is severely hurting regional Australia.
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Invisible living: hidden earth home hits the market
In a remarkable first-time market entry, a unique earth home, seamlessly integrated into its natural surroundings, has emerged for sale in the Goobarragandra Valley.
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Perth suburbs grow in value by more than 30 per cent
Perth was one of the hottest property markets last year, with the top-performing suburbs seeing growth of more than 30 per cent according to new data.
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Second ride in 2025 to raise funds for underprivileged children in Thailand
When Grant Turner puts his foot on the pedal to set out on the next Digital Live Home Hug Ride, it will be a full circle moment.
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Coastal values soar despite economic challenges
More than one-third of Australia’s regional coastal markets have property values at record highs despite multiple interest rate hikes and soaring cost of living.
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Tenants to pay landlord $3000 over cockroach dispute
A Sydney couple have been ordered to pay their landlords $3000 for vacating an inner-city property just four days into their lease, due to a cockroach issue.
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First-home buyers make a record share of property purchases
First-home buyer (FHB) activity has jumped in New Zealand, with new data showing the cohort now make 27 per cent of home purchases.
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Coastal hotspots set to see strong demand in 2024
Coastal locations continue to be in favour with buyers, with experts predicting a number of beachside suburbs across the country are likely to see solid growth in 2024.
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REIQ demands crackdown on dodgy backyard rentals
The Real Estate Institute of Queensland (REIQ) has called on authorities to crackdown on blackmarket “backyard campsites” emerging as a result of the rental crisis in the state.
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Commercial transaction volumes could bounce back in 2024
Commercial transaction volumes are set to rebound as opportunistic buyers look to capitalise on lower prices and a potential cut in interest rates, according to an expert.
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Anton Babkov steps aside as Rex Software CEO
Anton Babkov, one of the founders of Rex Software, has stepped aside as chief executive officer and will move into a board role for the real estate software provider.
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First National CEO Ray Ellis to step down
First National Real Estate has today announced that Chief Executive Officer, Ray Ellis will step down from his role at the industry’s largest cooperative brand, where he has been recognised for his abilities to innovate.
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Stockdale & Leggo appoint Catherine Rogers as new COO
When Catherine Rogers started her career in reception, little did she know that more than 20 years later she’d take a senior position at one of Victoria’s leading real estate agencies.
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Rents hit another record high but growth likely to slow
Tenants continue to feel the pressure of the housing crisis, with rents surging to a record high and passing $600 per week.
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Inside the Brisbane home used in Boy Swallows Universe
A trio of Brisbane homes have showcased the Queensland capital to the world as part of the hit Netflix series, Boy Swallows Universe.
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