Real Estate News
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Aussie suburbs where upsizers will find the best value
Despite high property prices, tight inventory levels and rising interest rates, people looking to upgrade their homes to something bigger are still able to find good opportunities according to new research.
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Digital Affordable Housing Register to help solve the housing crisis
Australia will become home to an Affordable Housing Register that will unlock the private sector to participate in affordable housing in an effort to solve the nation’s housing crisis.
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Kolmeo launches flexible portfolio management options
Property management businesses will now have the ability to run multiple brands across their rent roll courtesy of Kolmeo’s new configurability options.
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$2.2 billion housing and infrastructure plan announced in NSW Budget
A $224 million Essential Housing Package has been announced as a major part of the NSW Budget as the State Government attempts to address the “historic neglect” of social housing supply.
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Home run for owner-occupiers as investors sit on sidelines
Current buyers looking for new homes are likely to be owner-occupiers, not investors, who want a standalone property rather than an apartment.
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The “big cities are back” as the property price rebound continues
Property prices are likely to continue to grow in the months ahead, after a “massive improvement” in conditions over the winter months according to an expert.
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New listings soar across the country in August
New listings soared more than 20 per cent in August, with Sydney and Melbourne recording their busiest end to winter in more than a decade.
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PGIM to build co-living spaces in Sydney and Brisbane
Investment management company PGIM is planning to create a $750 million portfolio of co-living facilities across Sydney and Brisbane as a part of its residential-for-rent strategy.
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Storia Estate Group launches in the luxury Brisbane Bayside market
Luxury Queensland agency, Chapter Estate Groups is rebranding to Storia Estate Groups, with the independent team narrowing its focus to exclusively high-end luxury property across the Redlands region of Queensland.
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Restricting short-stay accommodation won’t ease the WA rental crisis
Short-stay accommodation in Western Australia has increased 16.2 per cent in the past 12 months, however, adding restrictions won’t help ease the rental crisis according to the industry.
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PropertyMate’s platform transforms home searches, wins industry support
A property search platform that enables consumers to search for their perfect home by lifestyle options is also swiftly gaining support from real estate agencies and agents.
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Population growth to fuel Western Australia and Queensland hotspot growth
Australia’s population has grown to 26.5 million, with Western Australia the fastest growing state, according to new research from the Australian Bureau of Statistics.
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Saint & Wood set to deliver exceptional service to St Kilda and Elwood
For Victorian agent Alicia Walker, her 20-year real estate career has always been about far more than just selling property.
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Higher rates weigh on household spending
The Reserve Bank of Australia (RBA) might be getting close to the end of its hiking cycle, but there are signs that the economy has already slowed down.
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Samantha McLean and Mark Edwards to gear up for 700km Thailand ride for underprivileged children
Elite Agent Publisher Mark Edwards and Managing Editor Samantha McLean have long sponsored the Digital Live Ride to support underprivileged children in Thailand, but in 2025 the pair will officially don the lycra and cycle across The Land of Smiles.
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Cleverly edited photos help sell cluttered home
A cluttered family home in South Australia, that wasn’t able to be presented to the market in its best light, has managed to sell above the price guide, with the help of some cleverly edited digital images.
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Property Council scholarship to promote women in property
A new scholarship aimed at promoting women in property has been announced by the Property Council of Australia and Chief Executive Women.
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Sydney’s super-prime home sales double
The number of super prime sales above US$10 million have doubled in Sydney, according to the latest Global Super-Prime Intelligence report.
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Vacancy rates on the rise across the country
There are early signs of relief for struggling renters, with a new report showing vacancy rates have started to increase in most capital cities over the past three months.
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Investors selling up as government threats push them out
New legislation, increased taxation, and potential rental reforms, including rent freezes, have led to 12 per cent of Australian investors selling their properties, according to a new survey.
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Sartaj Singh realises his dream with Stellar Estate Agents
Long before Stellar Estate Agents principal Sartaj Singh opened the doors to his own business, he had long had a vision of becoming an entrepreneur.
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Investing in tourism assets is back as confidence returns
After some lean years during Covid, investment in hotel assets is once again surging, highlighting the improved confidence across the tourism industry.
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ATO to crack down on landlords this tax time
The Australian Tax Office (ATO) has warned it will crack down on landlords over claiming expenses and claiming for improvements to private properties.
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Landlord ordered to pay tenant for not keeping property in “reasonable repair”
A NSW landlord has been ordered to pay a former tenant $2100 for not keeping a rental property in “reasonable repair”.
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$10 billion housing fund passes after Greens secure an extra $1 billion
After months of protracted negotiations the Housing Australia Future Fund Bill will finally pass the Senate this week, after the Federal Government today agreed to spend a further $1 billion on public and community housing.
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Top NSW BDM, Lochlan Grahame, joins Raine & Horne Group
Mr Grahame will play a crucial role in finding and onboarding new franchisees to further expand the Raine & Horne network in NSW/ACT.
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National vacancy rate hits new low of 1.1 per cent
The national vacancy rate has hit a new low of just 1.1 per cent after recording its largest drop in more than a year in August.
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Honest marketing plan sees hoarder house sell way above reserve at auction
A Central Coast hoarder house, complete with clutter and disarray has been sold for an astounding $160,000 over its reserve price, catching onlookers and real estate agents off guard.
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Toowoomba’s new social housing a “miracle” for struggling tenants
The first tenants have started moving into new social housing in Toowoomba in Queensland, with 15 more homes on the way thanks to a partnership between the state government and YWCA.
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Housing affordability at the lowest level since 2008
Housing affordability continues to worsen across Australia with new data showing it now takes 45.9 per cent of a household's income to meet average loan requirements.
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Claudia Portale takes her talent to The Agency
When Claudia Portale’s vendors are close to selling their properties, it’s not uncommon for the dedicated agent to lose a little sleep at night.
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2023 REINSW Awards for Excellence winners announced
REINSW has recognised outstanding industry achievement, crowning the winners of its 2023 REINSW Awards for Excellence.
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Build-to-rent set to take off in Australia
Australia’s build-to-rent sector is set to grow to 55,000 dedicated units by 2030, with growth set to mirror that of the UK from 2015 onwards.
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Queensland property continues to bounce back, led by regional areas
Queensland property continues to go from strength to strength, with a number of regional locations recording double-digit annual growth in the past 12 months.
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Still affordable opportunities for investors, as prices rise
Despite property prices rising substantially since 2020, there are still opportunities for investors to find good quality locations that are affordable.
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