Real Estate News Archives

Kylie DulhuntyJune 7, 2023

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.

Kylie DulhuntyNews RoomJune 7, 2023

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.

Kylie DulhuntyJune 6, 2023

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.

Rowan CrosbyJune 6, 2023

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.

Kylie DulhuntyJune 6, 2023

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.

Rowan CrosbyJune 6, 2023

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.

Kylie DulhuntyNews RoomJune 6, 2023

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.

Rowan CrosbyJune 5, 2023

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.

Kylie DulhuntyJune 1, 2023

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.

Rowan CrosbyJune 1, 2023

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.

Rowan CrosbyJune 1, 2023

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.

News RoomPartner ContentJune 1, 2023

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.

Kylie DulhuntyJune 1, 2023

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.

News RoomPromoted ContentJune 1, 2023

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.

Kylie DulhuntyMay 31, 2023

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.

Rowan CrosbyMay 31, 2023

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.

Rowan CrosbyMay 31, 2023

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.

Rowan CrosbyMay 31, 2023

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.

News RoomMay 30, 2023

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.

Rowan CrosbyMay 30, 2023

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.

Rowan CrosbyNews RoomMay 30, 2023

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.

Kylie DulhuntyMay 29, 2023

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…

Kylie DulhuntyIntelligent Reporting AssistantMay 29, 2023

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.

Rowan CrosbyMay 29, 2023

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.

Kylie DulhuntyMay 28, 2023

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…

Kylie DulhuntyIntelligent Reporting AssistantMay 26, 2023

Elite Agent timeline: What’s happening in the Metaverse?

Once a red-hot trend capturing the imagination of investors and tech enthusiasts alike, the metaverse is now experiencing a downturn in interest and demand.

Kylie DulhuntyMay 26, 2023

Proposed rental laws in Queensland threaten to drive landlords out of market

More than 80 per cent of Queensland landlords would consider selling their investment properties if proposed changes to rental laws come in, a new survey has revealed.

Intelligent Reporting AssistantMay 26, 2023

Ruin X: the remarkable $3 million home that resembles a modern cave

A one-of-a-kind statement home, reminiscent of a modern-day cave, has made a grand return to the real estate market, hoping to obtain a selling price of about $3 million.

News RoomPartner ContentMay 25, 2023

DUO: the AI tool doing your prospecting for you

Revolutionising Real Estate: DUO Technology Powered by Propic AI Delivers Hot Leads and Transforms Sales for Agents!

Kylie DulhuntyMay 25, 2023

Victorian Government considering rent caps

Victorian Treasurer Tim Pallas has let slip that the State Government is considering rent caps, just days after it hit investors with new taxes set to cost thousands of dollars a year.

Kylie DulhuntyNews RoomMay 25, 2023

Are New Zealand’s interest rate hikes over?

The New Zealand Reserve Bank has shocked economic and property experts this week, raising the cash rate 0.25 per cent while indicating the next interest rate move will likely be down.