Real Estate News
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Recent borrowers could end up spending 50 per cent of their income on their mortgage
Homeowners could be soon forking out up to 50 per cent of their income on mortgage repayments if the cash rate reaches 4.6 per cent according to new analysis.
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NSW vacancy rates ease but crisis not over
Vacancy rates have lifted across some parts of NSW but the state’s peak industry body has warned the rental crisis is far from over.
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New home sales rise in May but remain low
New home sales have increased for a second month, however, they still remain sharply lower than the same time last year as the impact of higher interest rates continues to weigh on the market.
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Flagstaff Hill the top pick for house investors
South Australia’s Flagstaff Hill has been named the country’s top suburb for house investors, with a strong median listing price, encouraging rent and buy affordability metrics and solid yields making it a top choice.
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Wealthy migrants flock to Australia for schools, lifestyle and financial safety
If you could live anywhere, where would it be? For the world’s wealthy, Australia is a top pick.
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CampaignAgent reaches major platform transaction milestone
CampaignAgent, the innovative real estate technology company, has hit $1 billion in VPA transactions on its platform. The milestone marks a significant achievement for the company and solidifies CampaignAgent’s position as a leader in the real estate industry. “We are thrilled to reach this significant milestone,” CampaignAgent co-founder and chief executive officer Shaun Moriarty said. “Our focus on delivering a…
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New listings push higher as stock levels slowly rise
In good news for buyers, new listings have rebounded nearly 20 per cent last month, however, the flow of fresh levels is still lower than the same time last year.
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Aussie small towns among the world’s most beautiful
Port Fairy on Victoria’s Shipwreck Coast and Esperance, on Western Australia’s South Coast, have been named in Architectural Digest’s 50 Most Beautiful Small Towns in the World. The list, which is compiled annually, also includes towns such as Albarracin, in Spain, where the pink and orange coloured buildings blend seamlessly with their rocky mountain backdrop. Then there’s Banos, in Ecuador,…
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Hundreds of markets lose million-dollar status
More than 250 house and unit markets have dropped out of the million-dollar club nationally, with Perth the only capital city not caught up in the downward spiral.
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Regional areas not the solution to city housing pressures
In the face of soaring living costs, a growing number of urban residents are contemplating a shift to regional areas in search of affordable and comfortable lifestyles.
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Talented Mackay couple take the reins at RE/MAX
One of RE/MAX Australia’s leading offices has changed ownership and name, with RE/MAX Results becoming RE/MAX Select and Hayley Van de Ven handing over to Nikita and Dan Kinnane.
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Dubai’s Marble Palace offers $204 million in opulence
Known for its opulence, Dubai has set a new benchmark, with the city's priciest home listed for a staggering US$204 million through Sotheby’s International Realty, United Arab Emirates.
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Justin Miller revolutionising real estate business on the Gold Coast
In an industry known for its competitive nature and constantly evolving landscape, the Gold Coast’s Justin Miller stands out as a visionary leader, empowering agents and transforming the way business is conducted in the region.
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Homelessness across Victoria surges by up to 435 per cent in some areas
The housing crisis continues to hit the most vulnerable hardest of all, with a new report finding that homelessness across Victoria has increased by 435 per cent in some areas.
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A financial review of the Australian Financial Review’s 24th fastest growing company
Being named in the AFR Fast Starters list was confirmation that the real estate market was ready for a new way of doing things. And things aren’t slowing down for UrbanX.
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Sydney’s prime rental market hits new heights
A chronic undersupply of existing rental stock and low construction volumes have fuelled a surge in Sydney’s prime rents, with the city jumping to third on a global list measuring luxury residential rental growth.
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Rents surged up to 27.5 per cent in the past 12 months
Rents have jumped by as much as 27.5 per cent over the past 12 months marking the largest increase since 1994.
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Queensland Budget offers “little hope” for long-term housing solutions
The Real Estate Institute of Queensland says Queenslanders looking to enter the property market or secure long-term shelter for their family will find “little hope” in the State Budget.
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A silver lining in NZ’s soft property market: values rise in 128 suburbs
Soft property market conditions continue across New Zealand, but there is some positive price news, with more than 120 suburbs increasing in value in the past three months.
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Commercial property investors seek cemeteries and brothels in unorthodox property hunt
Carparks, churches, cemeteries and brothels are among the unorthodox assets commercial property investors have turned to in recent years as they search for growth, development potential and long-term capital appreciation.
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Roxy Jacenko selling her luxury Paddington office
Well-known publicist Roxy Jacenko is making headlines once again as she embarks on a new chapter in her life.
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REIV leader Quentin Kilian and Charter Hall co-founder Cedric Fuchs named in King’s Birthday Honours List
Real Estate Institute of Victoria Chief Executive Officer Quentin Kilian has been named in the King’s Birthday Honours List, receiving a Medal of the Order (OAM) for his service to the real estate industry.
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Could Chinese developers Forbes Global 2000 rankings spark hope for Aussie build-to-rent solutions?
One of China’s largest residential property developers, with a key stake in build-to-rent in the country, has ranked second on Forbes’s Global 2000 list of the 10 largest real estate companies in the world.
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Escalating mortgage defaults as Australians grapple with mounting financial pressure
The number of Australians defaulting on their home loan is on the rise, according to new research.
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Outlandish Oklahoma property looks normal on the outside but is vibrant on the inside
From the outside this unassuming Oklahoma property looks like your typical suburban, family home.
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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 case
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.
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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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