Real Estate News
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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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Royal residence in London up for sale for $48 million
A grandiose royal residence in London is on the market for the first time in 30 years and could be yours for $48 million.
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Buyer demand fuels record month for The Agency in WA
The Agency’s Western Australia office has recorded a record month with 321 properties under offer in February.
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From fisherman to million-dollar agent: Hanan Cawley launches his own agency
From commercial fisherman to luxury million-dollar agent, Hanan Cawley is bringing a new era of excellence to the Gold Coast's real estate market. Ranked amongst the top 1% of agents nationwide, Hanan has made a name for himself and now, partnering with UrbanX, his name will be front and centre.
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Global banking instability on the RBA’s radar
Instability in the global banking sector could cause the Reserve Bank of Australia to think more carefully about raising the cash rate next month according to a leading economist.
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Cirrus8 launches its Executive Management Plus Dashboard
Cloud-based, commercial property management software platform Cirrus8 has just released its industry-leading Executive Management Plus Dashboard.
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Australia ranked 12th happiest country in the world
Australia has been named the 12th happiest country in the world according to the 10th annual World Happiness Report.
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Herron Todd White: too soon to call a bottom in the property market
High interest rates and the prospect of more pain ahead for borrowers as fixed-rate loans roll off, suggests it might be “too soon” to call the bottom of residential property prices, according to the latest Herron Todd White (HTW) Month in Review.
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Dynamic duo launch L&M Property Co with Agents’Agency
After working together for five years, established Victorian agents Leman Djamal and Michael Abbas have taken the next step in their real estate careers, launching L&M Property Co in partnership with the Agents’Agency.
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Little Real Estate partners with Rental Heroes to deploy AI technology
Australia’s largest independently owned real estate agency Little Real Estate has joined forces with Rental Heroes to implement AI technology called “Alex” across their network of 12 offices.
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Investors sell, rent bidding ban backfires, property managers leave as rental crisis rolls on
The overwhelming majority of investors are not wealthy property magnates flush with money, but cash-strapped mums and dads who are leaving the residential market because it’s just too hard, a leading property manager says.
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Sydney renters paying $633 a week more than a year ago
Rents in Australia's unit market have surged, with the national trend recording its highest annual growth on record at 13.7 per cent.
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Time to save a deposit drops for first-home buyers
The time taken to save a deposit to purchase an entry-level first home has dropped by as much as 13 months according to new figures from Domain.
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Listing Loop now offers conveyancing to further deliver qualified buyers to agents
Top Australian off-market and pre-market property portal ListingLoop.com.au has partnered with leading licensed law firm Bond Conveyancing to offer conveyancing as part of the company’s goal of delivering 'Buyer Ready' high-intent and qualified property buyers to its real estate agent members.
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High interest rates weigh on new homes sales
The record rise in interest rates is continuing to weigh on new home sales, while a better than expected jobs report could mean rate cuts might not be on the way.
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Trainspotters: Scottish converted railway station hits the market
If you’re a railfan or trainspotter, your love of trains is likely something that has been with you since you were just a child.
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Bricks and mortar retail far from dead
The rise of online retail has been a major concern for brick and mortar stores, but recent data suggests that physical shopping centres are still very much alive.
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Australian RE/MAX agents top commission earned globally
Australia had the highest level of average commission per agent in 2022 throughout the 140,000-plus agents in the global RE/MAX network, and the second highest number of sales transactions globally in 2022.
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AREAs finalists credit leadership and innovation for success
Putting property managers first, pushing the boundaries of innovation and the banding together of a leadership team are among the features finalists in the AREAs have credited for their success. South Australia’s Ouwens Casserly Real Estate, along with TOOP+TOOP Real Estate and Victoria’s LongView have all been named finalists in the Annual REA Excellence Awards Residential Agency of the Year.…
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Auctions rebound in second busiest week of year
As predicted, auctions rebounded last week, with 2234 properties going under the hammer - the second largest number this year.
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Coronis Group appoints new CEO with a vision for growth
Karuna Mazzocchi has been appointed as the new chief executive officer for Coronis Group, bringing with her a keen desire to pivot and grow the business and its people.
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PMLR to help property managers develop culture and look after themselves in 2023
Personal growth, mental wellbeing and developing a strong culture will be the focus at the 2023 Property Management Learning Retreat (PMLR).
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SVB collapse could be good for Aussie home owners
The collapse of Silicon Valley Bank in the US could spell good news for Australian mortgage holders, with one expert saying the RBA could pause interest rates as a result.
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Introducing the AREAs finalists for 2022
REA Group has today announced the 2022 Annual REA Excellence Awards (AREAs) finalists, with winners set to be announced at a national event on Thursday 27 April.
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The Sydney suburbs bucking the trend with double-digit growth
Despite property prices declining across Sydney over the past 12 months, a number of suburbs have seen double-digit capital growth with values potentially “bottoming out”.
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Vanderbilt mansion spanning two towns sells for $8 million
Vanderbilt Berkshires Estate, one of the most iconic homes in the famous Berkshires in Massachusetts has been sold to a real estate developer for US$8 million and is slated to be turned into a luxury resort.
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New Zealand’s high-end properties have fallen in value by up to $300,000
New Zealand’s wealthiest suburbs are being hardest hit by the current market slowdown, with values falling by up $300,000 in some suburbs.
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Ray White Real Estate of Origin nets 6600 appraisals in less than a day
Ray White’s 11th Real Estate of Origin call-a-thon hit a new level this week, with more than 6600 appraisals booked across Australasia. Powered by the group’s PropTech platform, NurtureCloud, the four-hour blitz saw Queensland win bragging rights, with 2786 appraisals booked, followed by New Zealand with 1507 appraisals scheduled. NurtureCloud uses machine learning, data automation and market intelligence to help…
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How three mates started their own agency and simplified their lives
I’m sure you’ve heard the story that being the principal of a real estate agency can be hell.
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Australia has taken a ‘light touch’ with Airbnb. Could stronger regulations ease the housing crisis?
The current housing crisis has renewed debates about how to regulate short-term rental platforms such as Airbnb.
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Richardson & Wrench appoint new Head of Network Growth
Jacki Williams, the newly appointed Head of Network Growth for Richardson & Wrench, grew up literally dining out on real estate. Her family has been in the business for most of her life, so property has been a common topic of conversation around the dinner table. “I learnt early on to love the thrill of negotiation; the back and forwards…
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Rental rates soar to new heights
Weekly rent for a three-bedroom house in Brisbane has experienced the highest annual increase this century, with little relief in sight for renters according to fresh data.
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Real estate agency ordered to pay after advertising mislead buyer on air-conditioning
A Melbourne real estate agency has discovered the hard way that it pays to get your listing copy right after being ordered to pay more than $6000 to a vendor who bought a home on the assumption it had refrigerated cooling.
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