Real Estate News
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More land needed in South-East Queensland to ease the housing crisis
The influx of people moving to Queensland from both overseas and interstate is putting the housing market under extreme pressure, with an expert calling for more land to be released to help ease the crisis.
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Tailoring the real estate journey to his clients
Brisbane agent Phillip Harrigan has always understood real estate is about far more than selling property.
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Unlocking the potential: Transform winners experience breakthroughs with AI and efficiency
Artificial Intelligence mastery, soaring productivity and a more purposeful, peaceful workday are just some of the improvements the latest cohort of Transform winners have reported in their business after completing the 30-day challenge.
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Forget Europe, join us in Bali this winter
If you’re not heading to Europe this July, it doesn’t mean you have to spend winter in the cold, you can still escape to Bali with us for Elite Retreat.
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More than 40 per cent of suburbs see rents increase by double-digits
Surging migration and tight supply have led to 44.4 per cent of house and unit markets seeing rents increase by 10 per cent in the past 12 months.
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Why a distinctive brand is important: lessons from a recent trademark caseÂ
It’s no secret that real estate is a competitive business. Day in, day out, agents are competing for the attention of vendors and seeking ways to stand out from the crowd. Â
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Property prices could make new highs in 2024
If the current rebound in property values can continue, prices will make fresh highs in January 2024 according to a new report.
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Luxurious Perth French chateau-style home labelled the ‘finest in the country’, hits the market
A custom-designed Perth home, with a French-inspired feel, has just been listed for sale with price hopes of more than $14 million.
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One in four properties purchased without a mortgage
Cash buyers have been active on the East Coast, with a new report showing that 25 per cent of all property purchases in 2022 were made without a mortgage.
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Build-to-rent case study: the Smith Collective’s lasting legacy
The head of Australia’s first build-to-rent community, the Smith Collective, has called on the Queensland Government to include the housing model as part of the Brisbane Olympic’s legacy.
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RBA doubles down on interest rates as REIA says housing affordability at its worst this century
The Reserve Bank boss has doubled down on the need for this week’s interest rate hike, despite admitting some households are feeling the pinch and mortgage arrears have increased.
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Perth homes snapped up with listings at 13-year low
Perth listing levels have fallen to their lowest point in 13 years, with homes selling at their fastest rate on record.
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Interest rates rise to highest level since April 2012
The Reserve Bank of Australia has lifted interest rates a further 25 basis points to take the cash rate to 4.1 per cent.
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Office market underperforms compared to industrial and retail
Demand continues to wane for office assets as ongoing low occupancy rates and the changing nature of the workplace are leading investors to focus on other asset classes according to an expert.
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Real estate institute urges Coalition to protect renters from Greens rent freeze
The Real Estate Institute of Australia (REIA) has called on Peter Dutton’s Coalition to support the Housing Australia Future Fund (HAFF) after the Greens laid down an ultimatum to the Government in exchange for its support on the housing bill.
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House and unit rents finally fall in some cities, while room rents surge
Pressure might be starting to ease in some of the country's most tightly held rental markets with new data showing that asking rents fell in a number of capital cities last month.
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Apple unveils groundbreaking spacial computer called Apple Vision Pro
Apple has introduced Apple Vision Pro, a groundbreaking device that seamlessly integrates digital content with the physical world, while keeping users connected and present.
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Number of borrowers struggling to pay their home loan has surged
The record increase in interest rates is starting to weigh on borrowers with new research finding 40 per cent of mortgage holders struggled to pay their home loan in May.
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Do low listings beget low listings?
Australia’s low levels of property listings could be creating a self perpetuating cycle and influencing would-be vendors to sit on their property, according to a property market expert.
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Affordable capital cities the best option for buyers
The cheaper capital cities of Adelaide and Perth continue to attract buyers and have the potential for more capital growth according to an expert.
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Taxing vacant homes and holiday rentals could help ease the housing crisis
Incentivising investors, taxing vacant homes and holiday rentals and releasing more land are all measures being considered to address the current housing crisis according to the industry.
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Elders Real Estate corporate team in growth mode
Following a record-breaking year, the Elders Real Estate residential corporate team has announced a slew of new roles in the business to support the trajectory of growth over the next three years.Â
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Rate Hike? Aussie property market says ‘No problem’ as price rebound continues
The Reserve Bank’s decision to lift the cash rate in May has not dampened the nation’s house price rebound with both PropTrack and CoreLogic reporting strong growth for the past three months.Â
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Sydney’s Macarthur area to gain a new agency with Richardson & Wrench Campbelltown
Leading real estate group Richardson & Wrench is welcoming a new member to its growing family of agencies in Sydney’s South West, with the launch of its Campbelltown office.
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Inflation rises as RBA boss suggests sad solution to rental crisis
In a shock few experts saw coming, inflation has risen to almost 7 per cent in April, with higher petrol prices fuelling the increase.
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The Sydney suburbs tipped to see values rise
With home prices rebounding across Sydney in recent months, a number of high-profile suburbs including Kogarah Bay, North Bondi and Paddington are tipped to see even more growth according to a new report.
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Rental affordability at the worst level in 8 years
Surging immigration and fewer people per home has seen rental affordability fall to the lowest level in eight years according to a new report.
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Cashback offers for refinancers ‘dropping like flies’
The surge in refinancing as borrowers attempt to combat the Reserve Bank of Australia’s (RBA) hiking cycle is putting pressure on lenders with cashback offers getting slashed.
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Capital city auctions record highest clearance rate in more than a year
The combined capital cities have recorded their highest preliminary auction clearance rate since November 2021, with 75.9 per cent of properties selling under the hammer last week.
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Covid fallout to cause supply shortages for another two years
The impact of COVID-era policies is likely to lead to a lack of housing supply for the next two years according to new research.
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Bank of Mum and Dad prepared to give kids $33,000 to buy a home
The bank of Mum and Dad has long been the way many first-home buyers get into the market and a new report has found that parents are prepared to give their kids $33,000 to get them into a property of their own.
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Top takeaways AREC 2023 – Day 2
Day 1 at AREC 2023 was a tough act to follow, but Day 2 certainly turned up the inspiration, motivation and real life impact of digging deep and committing to your goals. Olympic gold medallist and media personality Caitlyn Jenner gave an insightful reflection on her sporting career and the impact believing in yourself can have, while former think tank…
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How to apply Grant Cardone’s number 1 rule for success
In a world where success can be elusive and multifaceted, a single rule emerges as the key ingredient to achieving your goals: showing up.
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Rising home prices might see listings increase
If the current growth in home prices continues, listings could increase by two per cent this year, according to an expert.
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Top takeaways from AREC 2023 – Day 1
More than 4000 real estate professionals packed the Gold Coast Convention and Exhibition Centre yesterday for Day 1 of AREC 2023. This year’s headline speaker was Oscar-winner and Hello Sunshine Founder, Reese Witherspoon who revealed the power of storytelling and connecting with people is the most powerful marketing tool of all, whether your in movies or real estate. Here are…
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