Real Estate News Archives

News RoomRowan CrosbyAugust 22, 2022

The value of new loans fell 4.4 per cent in June

The value of new home loans across Australia has fallen 4.4 per cent last month, continuing to soften from the peak of $33.2 billion in January.

Cassandra CharlesworthAugust 21, 2022

Preliminary clearance rate holds above 60 per cent

The preliminary clearance rate has held above 60 per cent for the second consecutive week, despite an uptick in the volume of auctions.

Cassandra CharlesworthAugust 19, 2022

TRG names new Commercial Director as the group embraces expansion

Within two months of announcing its plans for expansion, The Rubinstein Group has named Jake Fahd as the director of its new commercial division.

Kylie DulhuntyAugust 19, 2022

John Minns reinstated as NSW Property Services Commissioner

In a surprise move from the NSW Government, John Minns has been reinstated as Property Services Commissioner just weeks after it announced he would be replaced with an independent statutory Property Services Commissioner.

Rowan CrosbyAugust 19, 2022

Rihanna takes a loss on her modern Hollywood Hills villa

Singer Rihanna hasn’t been able to capitalise on the strong US real estate market over the past few years, taking a loss on the recent sale of her Hollywood Hills villa.

News RoomRowan CrosbyAugust 19, 2022

Regional prestige lifestyle areas the first to show weakness

Rampant house price growth in regional lifestyle areas, previously fuelled by Covid lockdowns, has started to turn, with the prestige market falling first.

News RoomRowan CrosbyAugust 19, 2022

The areas where property price growth is still occurring

Despite property values starting to fall in the larger capital cities, there are still multiple locations around the country that are likely to still see price growth according to an expert.

News RoomRowan CrosbyAugust 18, 2022

Cold, unhealthy rental homes don’t meet international standards

Australian renters are being forced to live in cold, unhealthy homes that aren’t meeting international standards on indoor temperatures according to a new report.

Rowan CrosbyAugust 18, 2022

Record breaking US home back on the market

A Beverly Park estate, situated in the most exclusive part of Beverly Hills, California, is headed to auction with an asking price of nearly US$80 million.

News RoomRowan CrosbyAugust 18, 2022

Profitable resales start to fall across New Zealand

Profitable resales across New Zealand have started to fall as interest rates rise and a surge in listings weighs on the property market.

Rowan CrosbyAugust 18, 2022

Inside Real Housewives Diana Jenkins’ ultra-modern Beverly Hills mansion

Real Housewives of Beverly Hills star Diana Jenkins might own a Hidden Hills estate, but she is currently leasing a US$17.4 million Beverly Hills mansion as she shoots the latest season of the hit show.

News RoomPartner ContentAugust 18, 2022

AI digital assistant RiTA now integrates with PropTech Group’s Eagle CRM

PropTech Group's Eagle CRM is the newest addition to the list of CRM's digital assistant RiTA plugs into. The integration allows real estate agencies using Eagle CRM to generate more leads from their CRM and clean their data through the power of Artificial intelligence (Ai) and automation.

News RoomPartner ContentAugust 18, 2022

REA Group retains top four position in Australia’s Best Workplaces

Great Place to Work has named REA Group Australia’s fourth Best Workplace for 2022 in the large company category.

Kylie DulhuntyAugust 17, 2022

Domain records strong financial year results

Significant growth in Domain’s residential online business, including a 9 per cent jump in listings, has underpinned the group posting revenue of $357 million for the 2021-2022 financial year.

Kylie DulhuntyNews RoomAugust 17, 2022

Crypto king buys Toorak ghost mansion for $80 million

A mysterious crypto king has splurged a stunning $80 million on an unfinished Toorak mansion, setting a state record in the process.

Rowan CrosbyAugust 17, 2022

This is Us star Milo Ventimiglia buys a secluded Malibu getaway

This is Us and Gilmore Girls star Milo Ventimiglia has paid US$4.4 million for a modern, ocean-view, ranch house in the far reaches of Malibu.

News RoomRowan CrosbyAugust 17, 2022

Industrial assets could be a good inflation hedge

Industrial assets could be a good hedge against ongoing inflation pressures but not all commercial assets will be as effective according to an expert.

News RoomRowan CrosbyAugust 17, 2022

145,000 homeowners would consider selling if rates rise

Over half a million Australian households would struggle to pay their mortgage, with many forced to sell, if interest rates rose three per cent according to a new survey.

News RoomPartner ContentAugust 17, 2022

New property.com.au marketplace boosting vendor confidence

REA Group’s property research destination, property.com.au, has today launched a new consumer Marketplace aimed at removing more barriers for buyers and sellers.

Rowan CrosbyAugust 16, 2022

Macaulay Culkin buys Kiefer Sutherland’s Toluca Lake estate

Home Alone star Macaulay Culkin and his fiance Brenda Song have been named as the mystery buyers of Kiefer Sutherland’s Toluca Lake estate.

News RoomPartner ContentAugust 16, 2022

Domain launches ‘find your way home’ spring campaign

Leading property marketplace Domain has launched its national multichannel spring campaign via DDB and PHD following another successful year, which saw digital audiences peak to 8.4 million in a month.

News RoomRowan CrosbyAugust 16, 2022

Big banks pass on the full 0.5 per cent rate hike

Three of the big four banks have passed on the Reserve Bank of Australia's full August interest rate rise of 0.5 per cent.

News RoomRowan CrosbyAugust 16, 2022

Nerida Conisbee: Why mortgagee sales are rising

Cost of living pressures and mortgage stress has seen the number of mortgagee sales increase according to new data.

News RoomPromoted ContentAugust 16, 2022

Free real estate job search website launched

Entry Education has broken new ground with the creation of an innovative job search website designed by property professionals for property professionals.

Rowan CrosbyNews RoomAugust 15, 2022

Top locations for investors with a $100k deposit

Outer city and regional areas are providing the best value for investors with a $100,000 deposit according to new research.

Kylie DulhuntyPartner ContentAugust 15, 2022

Sherrie Storor’s Build Your Best Life podcast launches Season 2

Australian entrepreneur Lorna Jane Clarkson will join a host of big-name real estate professionals, including Ewan Morton and Michael and Joel Davoren, on Season 2 of Sherrie Storor’s Build Your Best Life (BYBL) podcast.

News RoomRowan CrosbyAugust 15, 2022

The Tasmanian market contracts as rates rise

Rising interest rates have started to bite in Tasmania with sales activity contracting.

Rowan CrosbyAugust 15, 2022

Hugh Jackman buys minimalist West Chelsea penthouse

Hollywood megastar Hugh Jackman has quietly picked up a luxury New York penthouse in West Chelsea for US$21.125 million.

Cassandra CharlesworthAugust 14, 2022

Clearance rate above 60 per cent for the first time since June

The preliminary clearance rate has topped the 60 per cent mark for the first time in 10 weeks after auction activity rose this week.

Kylie DulhuntyAugust 14, 2022

Real estate farewells property manager with a big heart

Coronis Director Lia Storer is being remembered as a top property manager with a great sense of humour and “the biggest heart” following an 18-month battle with cancer.

Kylie DulhuntyCassandra CharlesworthAugust 12, 2022

New agents are in for a market shock

The throng of new real estate agents who joined the industry during the recent market boom could be set to struggle during the current downturn, according to some of the nation’s top agents.