Real Estate News
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Flight to quality for East Coast CBD office space
Businesses are demanding A-grade CBD office space in Melbourne and Sydney as employers try to entice workers back to the physical office.
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NurtureCloud reshaping the real estate industry
Ray White embarked on its journey with the PropTech platform NurtureCloud in 2021 to reshape the way real estate is conducted in Australasia.
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Home Value Index rises for the first time in almost a year
CoreLogic's national Home Value Index (HVI) increased 0.6 per cent in March, marking the first month-on-month rise since April 2022.
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Housing shortfall tipped to worsen rental crisis
Australia’s housing crisis is set to worsen, with the nation expected to experience a shortfall of 106,000 homes over the next five years.
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Experts weigh in on interest rate debate
More than one-third of experts in Finder’s RBA Cash Rate Survey believe the central bank will put the cash rate on hold at its meeting today.
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Low stock levels fuelling national property price rises
Positive demand drivers, including low stock levels, are keeping a floor under property prices with national values rising for the third consecutive month in March.
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Banking crisis could see reduced investment in Australian property
The turmoil across the US and European banking sector could see reduced investment in Australian commercial and residential property according to an expert.
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One-in-five new buyers want an inner city home but can’t afford it
New home buyers in Victoria want to be living in established areas, but a lack of suitable options is making that impossible according to a new report.
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Look to the regions for affordable property
Home loan affordability may be declining but the great Australian dream of owning your own home is still alive, if buyers are prepared to look outside capital city and metropolitan areas.
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Ben Reynolds makes the move in Mudgee to UrbanX
Ben Reynolds, fuelled by his long-time dream of making a mark in the real estate industry, has made the leap and launched Reynolds Estate Agents in partnership with UrbanX. Based in the stunning Mudgee region in rural NSW, Ben has earned a stellar reputation as one of the most respected agents in the area. As a result, he has decided…
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Mark Kentwell opens new “statement” office
Award-winning real estate agent Mark Kentwell has announced the opening of PRD Presence office in Toronto, on the waterfront of Lake Macquarie.
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One in four borrowers are paying over 6.5 per cent on their mortgage
Rising interest rates have caught borrowers off guard, with one-in-four now paying over 6.5 per cent interest on their mortgage.
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Highlights from The Tesolin Conference
The power of family, hard work and creating competition was on display at the inaugural The Tesolin Conference today.
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Will drop in inflation bring a rates pause?
Inflation has fallen for the second month in a bring, bringing with it renewed hope the Reserve Bank will pause interest rates next week.
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Ruff times for pet owners: Oaklands Park earns top ‘sad puppy’ score
The southern Adelaide suburb of Oaklands Park has been ranked the hardest in Australia for tenants with pets to secure a rental, according to new research.
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5 things to know about New Zealand’s refinancing wave
The steady flow of existing mortgage borrowers across NZ who have had to stomach higher interest rates each time they come up to a loan repricing has been a constant theme in property and personal finance for some time now.
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AuctionWORKS brings the hammer down on 60,000 auctions
Leading auctioneers, AuctionWORKS has officially brought the hammer down on more than 60,000 auctions and in excess of $40 billion in unconditional sales after 26 years in business.
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PMVA secures six-year lease with Clark Global City
Property Management Virtual Assistant (PMVA) has extended its lease with Clark Global City for six more years, allowing the company to improve its market-leading services even further.
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Mansion with its own $300,000 gym hits the market
Fitness enthusiasts tired of overcrowded gyms might want to take a look at this exclusive mansion that comes with its own commercial-sized gym - fitted out with $300,000 worth of equipment.
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HomeBuilder deadline extended for property owners
Property owners at risk of losing the $25,000 HomeBuilder grant due to ongoing building delays have been given a reprieve from the government, with the scheme extended to June 2025.
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Queensland Government to introduce rent cap
Queensland Premier Annastacia Palaszczuk has this morning given the strongest indication the State Government will push ahead with a plan to cap rent rises to one per year.
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Emily Blunt and John Krasinski’s Hollywood Hills home back on the market
The former Hollywood Hills home of celebrity couple Emily Blunt and John Krasinski is back on the market and up for grabs for US$6 million.
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New Zealand home sales hit lowest level in 40 years
Home sales across New Zealand have plummeted to the lowest level since the GFC, as the sharp increase in interest rates has put the brakes on homebuyers.
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Deposit scheme allows Aussies to fast-track property ownership
An innovative deposit scheme is giving buyers along the East Coast of Australia the opportunity to buy off-the-plan homes sooner than if they had to save a full, lump sum deposit.
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Virtual agency eXp Realty dominates the RealTrends 500 list
Virtual brokerage eXp Realty has dominated the 2023 RealTrends 500 list after closing the most transaction sides in 2022 and being ranked the No. 1 Public Independent in the US.
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New NSW Government must address housing crisis
New South Wales may have a new premier in Chris Minns, but the state is still afflicted by the same widespread housing crisis, with leading property bodies calling for change.
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NSW and QLD top the list of recession-proof suburbs
NSW and QLD have a number of locations that could hold up in value in the event of a recession according to an expert.
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Loss-making resales jump across Sydney and Melbourne
The share of loss-making home sales across the country has jumped, led by both Sydney and Melbourne, which saw homeowners selling at a loss at the highest rate in four years.
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Pride and Prejudice author Jane Austen’s longtime UK estate listed for $10.43 million
The longtime estate of Pride and Prejudice author Jane Austen has officially hit the market in the UK and is listed for sale for US$10.43 million.
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The great debate: short-term holiday rentals in Australia’s housing crisis
Are short-term holiday rentals the solution to or the problem in Australia’s housing crisis?
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Buying a rent roll can supercharge your business – but only if it’s done right
While purchasing a rent roll can be an effective strategy for increasing cash flow and encouraging business growth, doing so comes with risks if you don’t do it properly, warns O*NO Legal founder Kristen Porter.
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New listings suffer as sellers err on the side of caution
The seasonal uptick in property listings that usually occurs in the first half of March has been noticeably absent this year, with sellers having “erred on the side of caution” amidst declining property prices.
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10 incredible homes built into nature
Over the years, architects have always looked for creative ways to incorporate the built form into nature.
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Perth remains affordable to buy and rent
Despite rising interest rates making life more difficult for homebuyers, Perth is still the second most affordable property market in the country.
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Australia’s rental system is ‘broken’ study reveals
Australia’s residential rental system is “broken” and fails to provide affordable, secure housing for tenants or a solid investment option for landlords.
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