Real Estate News
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Fixed rate mortgage cliff hasn’t hurt borrowers yet
With the fixed rate mortgage cliff already underway, there’s still no sign of distressed sellers or a blowout in arrears according to an expert.
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Listings slump leads to REA Group profit drop
A 12 per cent decline in national listings is one of the key factors behind REA Group posting a nine per cent drop in net profit in the year ended June 30.
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Elevate Residential joins fight against over-55 women’s homelessness
A Brisbane real estate agency has joined a campaign to help give women over 55, who are at risk of homelessness, access to safe and affordable housing and personalised support packages.
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A new chapter for Brisbane agency with Agents’Agency
After six years working for himself under another brand, Queensland agent Stephen Browne is taking the next step in his business journey, relaunching his brand as Rennard Harvey and partnering with the Agents’Agency.
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New agency puts community at heart of their experience
For Sunshine Coast agent Bradley Milton, the launch of his new business, Grace Estate Agency, is about far more than selling property.
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It’s all about great service for husband and wife real estate team
For Brisbane couple Tony and Serah Ngo, launching their own real estate brand has been a long-held dream. Now
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Queensland CEO Mitch Peereboom becomes Harcourts shareholder
Harcourts Queensland Chief Executive Officer Mitch Peereboom has signed a shareholder contract and is now a part-owner and director of Harcourts Queensland.
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Profitable resales in New Zealand fall to the lowest level in eight years
Falling property prices across New Zealand has seen the number of homes sold for a gain tumble to the lowest level since 2015.
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Domain launches new app features with a drive to reinvent search
With a view to reinvent the way buyers search for and progress towards buying a home, Domain has released new app features that will making finding a property easier, more transparent and more insights-driven.
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Which generation is most likely to engage in rent bidding?
Baby boomers are the least likely cohort of renters to engage in rent bidding, according to new research from rent.com.au.
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Queensland and Western Australia seeing increased demand for office space
While office vacancy rates are rising in Sydney and Melbourne, demand has lifted Queensland and Western Australia according to an expert.
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Elders Lifestyle Group celebrates with inaugural conference and gala night
More than 100 team members from offices throughout the Elders Lifestyle Group converged at the scenic Sails Port Macquarie for their inaugural conference and gala night.
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WA Government overturns Aboriginal Cultural Heritage Act
The Real Estate Institute of Western Australia has welcomed the State Government’s decision to overturn the controversial Aboriginal Cultural Heritage Act saying it’s “a common sense solution for all parties”.
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Vacancy rate easing was just a “blip” according to new research
Rising vacancy rates in certain suburbs might just have been a “blip” with new data showing the number of available rentals in some areas is again starting to fall.
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The Agency launches a storybook to help children cope with the stresses of moving
The Agency has launched a children’s book to help families manage the stress of moving house.
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REACH Australia & New Zealand aim to help more PropTech companies in 2024
PropTech accelerator REACH Australia & New Zealand continues to encourage new PropTech innovation in the real estate industry and is opening applications for its fifth cohort in 2024.
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Farms have hit record prices but the forecast is more uncertain
We have never had such good farming conditions as we did in 2022. While particularly good Australian weather conditions were the major driver, so too were poorer conditions elsewhere around the world.
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Old police station transformed into a family home for sale
A former police station that has been meticulously transformed into a beautiful family home is up for sale in South Australia.
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There are still affordable rentals across the country
Despite the ongoing rental crisis making life difficult for tenants, there are still suburbs that are affordable for renters according to a new report.
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Port Hughes beach shack selling for first time in 50 years
A rare Port Hughes beach shack that has been owned by one family for more than 50 years is up for sale for the first time.
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REIWA call for changes to Aboriginal Cultural Heritage Act
The Real Estate Institute of Western Australia has called on the State Government to make changes to the Aboriginal Cultural Heritage Act in the name of aiding responsible development in the state’s undersupplied housing market.
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Study reveals impact of short-term rentals on housing affordability is limited
Short-term holiday rentals, such as Airbnb and Stayz properties, only have a “limited” impact on long-term rental affordability, according to a Queensland Government study.
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The ‘unlucky 12’ mishaps agents pray they’ll never see again at an open home
They say no two days are the same in real estate, and when it comes to open homes, they're right.
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From corner store job to heartwarming home sale: Samuel Shooter’s full-circle moment
When Samuel Shooter sold the pastel lemon cottage on Wirraway Close in Dubbo, it represented a lot more than just another sale.
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RE/MAX opens its first office in tropical Fiji
RE/MAX is set to open its first office in Fiji, with local agent Paula Benn set to lead the business as broker-owner.
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Southerners flock to Queensland as interstate inspections hit record high
Queensland has seen record numbers of interstate buyer and renter digital inspections in the past six months, a trend which is showing no signs of slowing.
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Housing affordability is driving families out of Sydney
Young families are leaving overpriced Sydney en masse, pushed out by the skyrocketing price of property according to a new report.
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The best times of day to get your email read
If you’re sick of people not replying to your emails, a new report has found you might be sending them at the wrong time or on the wrong day.
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Alice Stolz: How The Block has changed the way Aussies view property
It’s hard to imagine a time where home renovation and die-hard property shows and content did not dominate Australian culture.
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Unleashing potential: UrbanX empowers Louise Denisenko to start her own agency
With over a decade of experience in real estate Louise Denisenko has realised the potential for growth and success that comes with starting your own brand, launching her boutique agency, Redlands Coast Properties, in partnership with UrbanX.
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Perth house prices hit another record high
The Perth property market continues to steadily increase in value, with prices hitting a new record high of $560,000 in July.
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National property prices set to rise up to five per cent over the backend of 2023
Property prices are expected to increase as much as a further 5 per cent nationally by the end of 2023, new data shows.
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Highland to open new office on the Gold Coast
Leading Sydney real estate agency, Highland, will expand into the vibrant Gold Coast property market with the opening of its sixth office.
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REIACT hosts the first Australian Auslan interpreted Auctioneering Championships
The Real Estate Institute of the Australian Capital Territory (REIACT) has hosted the first Australian Auslan interpreted Auctioneering Championships, in a push to build awareness for hearing-impaired home buyers.
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Dwelling approvals and loan commitments drop
The Reserve Bank of Australia may have kept interest rates on hold this week, but that hasn’t stopped property industry experts from hitting out at the central bank after the latest lending figures showed the number of loans for buying and building a new home has dropped alarmingly.
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