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VIC Real Estate News
‘It just stinks of imbalance’: Andy Reid says proposed Victorian reserve-price laws miss the mark
Victoria’s proposal to mandate early disclosure of reserve prices has drawn sharp criticism from auctioneer Andy Reid, who says the move was presented as if already decided and risks creating an uneven playing field. He argues the plan targets owners, overlooks buyer behaviour and adds fresh confusion to an already strained market.
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OPINION
The future is arriving faster than real estate thinks
Futurist and innovation strategist Nikki Greenberg outlines the forces reshaping real estate, from the redesign of cities to the digitisation of buildings. With technology, climate priorities and Gen Z changing how people live, work and transact, the sector is entering a period of rapid change. This feature breaks down the lessons real estate professionals need to apply now to stay…
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Real Estate News
Home prices to hit new highs in 2026 as first-home buyer demand intensifies: Domain
New forecasts suggest house prices will keep rising across the capitals in 2026, with first-home buyers, investors and renters all facing another year of tough competition.
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WA Real Estate News
WA named nation’s strongest home building market after decade-long climb
Western Australia has taken out the top spot on the HIA Housing Scorecard for the first time since 2014, with strong population growth and a lift in detached, multi-unit and renovation activity driving the state’s rise. Industry leaders say the result reflects four years of rebuilding capacity, though continued investment, skilled migration and infrastructure delivery remain essential to maintain momentum.
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National
Student housing pipeline expands as federal policy links visas to new beds
Australia’s student housing pipeline has reached 40,000 beds as new federal rules tie international enrolments to accommodation supply, though Victoria’s tax settings remain a major barrier.
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Celebrity Homes
Hollywood icon Jane Russell’s former Montecito retreat returns to market
Long before Montecito became a celebrity haven, the Gentlemen Prefer Blondes star carved out a private retreat filled with art, character and family history.
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BEST PRACTICE
Lisa Pennell on fixing underquoting: “Use the tech we already have”
Barry Plant CEO, Lisa Pennell, argues that the real fix for underquoting lies in modern enforcement systems, not more rules.
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INTERNATIONAL
Dubai leads as UAE real estate hits new highs
Dubai posts its strongest quarter on record while upcoming supply reshapes buying conditions across the UAE.
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FEATURE INTERVIEWS
Why buyer’s agents with sales experience are becoming critical in a tightening market
Why shrinking stock, faster campaigns and buyer fatigue are accelerating the rise of buyer’s agents with deep sales experience - and why Albert Sassoon believes the next phase of the market will favour those who understand how campaigns operate from the inside.
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INTERNATIONAL
San Francisco’s former Westfield mall sold for a tiny fraction of its past value
The once-prominent Westfield mall on Market Street has sold at auction for just USD $133 million (around AUD $205 million), a fraction of its past worth. Now largely empty, the centre highlights the shift in consumer habits since the pandemic and the very different paths taken by Westfield’s US and Australian operations.
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INTERNATIONAL
Global ‘living’ sector to hit US$1.4 Trillion as institutional investment accelerates
JLL’s 2025 global report shows the living sector leading worldwide real estate investment, with US$1.4 trillion in forecast transactions and Australia ranked among the top growth markets.
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NSW Real Estate News
NSW to hit agents with fines of up to $110,000 under new underquoting crackdown
NSW agents could soon face fines of up to $110,000 for misleading price guides, as the state moves to tighten underquoting laws and strengthen Fair Trading’s enforcement powers.
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FEATURE INTERVIEWS
The case for decency as a business strategy
For veteran agent David Snow, the true measure of a career isn’t the number of sales but the quality of the relationships left behind, and the ability to walk down the same side of the street as your past clients.
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National
Investors and renovators drive record housing finance as calls grow to cool overheated credit market
Australia’s property market is being fuelled by investors and renovators, with ABS data showing investor lending jumped nearly 18% in the September quarter while renovation finance hit record highs. Investors now account for two in every five home loans and 43% of new builds, according to the HIA.
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QLD Real Estate News
Vacancy rate gridlock keeps Queensland renters stuck in place
Queensland’s rental market remains in gridlock, with the statewide vacancy rate frozen at 1% for the September quarter, according to the latest Real Estate Institute of Queensland (REIQ) report.
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INDUSTRY NEWS
NSW’s Planning shake-up could finally get homes moving
New South Wales’ planning system is finally getting a makeover. After years of complaints about red tape and delays, the Minns Government’s Planning System Reforms Bill 2025 has passed Parliament, promising faster approvals, more housing, and a smoother path for developers and agents alike.
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Celebrity Homes
Ozzy and Sharon Osbourne’s LA high-rise apartment listed for AUD $3.7 million
Rock legend Ozzy Osbourne may be gone, but a piece of his Los Angeles legacy is now up for grabs. The late musician’s sleek West Hollywood apartment, located in the star-studded Sierra Towers building, has been listed for sale just months after his death.
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INTERNATIONAL
Marbella luxury market defies global slowdown as demand outpaces supply
Once dismissed as a seasonal playground for the wealthy, Marbella is proving itself one of Europe’s most resilient property markets.
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INDUSTRY NEWS
Spring property momentum builds as listings climb and confidence returns
Domain’s October data shows a lift in seller confidence, with new listings at their highest level in a year and steady auction results across the capitals.
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FEATURE INTERVIEWS
The fifteen-minute rule: why great customer service still wins in real estate
As technology speeds up property marketing, customer service is often the first thing to suffer. But in a business where timing and reputation are everything, that trade-off can cost more than it saves. Floorscape director Michael Cardillo has built his company around a different philosophy - service, not automation, is what keeps clients loyal and campaigns running smoothly.
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INDUSTRY NEWS
Sydney’s housing boost: 9,350 new homes planned for north-west under new proposal
Sydney’s housing supply is set for a significant lift, with the Minns Labor Government unveiling plans to rezone Cherrybrook in the city’s north-west to make way for 9,350 new homes.
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INDUSTRY NEWS
Global investor sentiment cools on Melbourne as surcharges bite
Investor confidence in Victoria is waning, with global capital increasingly steering towards Sydney and Brisbane amid concerns over rising surcharges and policy instability.
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INTERNATIONAL
Greece launches social rent and housing schemes to tackle deepening housing crisis
Greece is taking its first major steps to tackle a housing crisis described as one of the worst in Europe. With prices surging and supply stagnating, the government has announced a twin policy push, the creation of social housing and a new social rent model, aimed at boosting affordable housing in major cities. The plan relies heavily on repurposing public…
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INTERNATIONAL
Canadian demand for US property slows as tariffs take effect, but some Florida and Arizona hotspots remain popular
Canadian interest in US real estate is easing as new trade tariffs and a weaker Canadian dollar make buying across the border more expensive. While overall demand has fallen, Canadians remain the largest group of international buyers, with continued interest in lifestyle destinations such as Florida and Arizona, where warm weather and relative affordability still hold strong appeal.
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Celebrity Homes
Sydney Sweeney eyes historic US$15 million Bel Air estate
When Euphoria star Sydney Sweeney goes house-hunting, Hollywood pays attention. The actress, already known for her growing collection of historic homes, has reportedly set her sights on one of Bel Air’s most iconic estates - a US$15 million time capsule that hasn’t changed hands in eight decades.
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FEATURE INTERVIEWS
The three habits that separate top agents from the rest: consistency, accountability and momentum
In real estate, success isn’t about luck. It’s built through habits, structure and discipline. REMAX sales negotiator and team leader Brett White believes the agents who win long term do three things better than most: stay consistent, stay accountable and keep their momentum.
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INDUSTRY NEWS
Free daytime power under new ‘Solar Sharer’ scheme
Australians in three states will soon be able to use free electricity during the day, as the Albanese Government prepares to roll out a new “Solar Sharer” scheme that lets households tap into surplus solar energy - even if they don’t have rooftop panels.
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INDUSTRY NEWS
RBA holds fire on rates as market momentum carries into summer
Despite no rate cut from the RBA, buyer confidence remains strong. Steady rates, tight stock and resilient demand are keeping the property market active as Australia heads into summer.
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