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WEIRD AND WONDERFUL
Haunting for a home: Buyers spooked by prices, not ghosts
In a startling revelation this Halloween season, a recent survey from property giant Zillow suggests that a significant majority of would-be homeowners are open to sharing their living space with spectral inhabitants.
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INDUSTRY NEWS
Queensland’s biggest property law shake-up in 50 years: REIQ flags some concerns
The Real Estate Institute of Queensland (REIQ) has largely welcomed the state’s new property laws, but warned there are a few illogical and ambiguous provisions that remain.
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INDUSTRY NEWS
Buyers seek transparency: 72 per cent skip properties without prices listed
Property listings without prices are buyers' biggest pain point when searching for a new home on realestate.com.au, according to new research from REA Group.
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INDUSTRY NEWS
Property market to recoup 2022 downturn by the end of the year
Australia’s property market has almost entirely recovered from the 2022 downturn and will do so by the end of the year, according to Domain.
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INDUSTRY NEWS
REIA looks to tackle real estate ethics score head-on
The Real Estate Institute of Australia (REIA) has taken a proactive approach to the industry recently being perceived as the least ethical occupation, teaming up with the Governance Institute of Australia (GIA) to brainstorm ways to change the public’s views.
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Real Estate News
$6.23 billion defence boost to elevate Northern Territory economy and property market
A multi-billion dollar defence building boom in the Northern Territory is set to create more than 7500 jobs, rapidly spur the economy and lift rental and residential property sales prices.
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INDUSTRY NEWS
Building trust and breaking moulds: How Katie Kepner is elevating the real estate experience in Newcastle
Katie Kepner has always been crystal clear on the type of real estate agent she did and didn’t want to be.
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INDUSTRY NEWS
Fleeing the CBD: Australia’s rising rents force tenants to the fringes
Australia’s combined capital city rents have soared a further 10 per cent in the year to September, with tenants forced to look further away from the CBDs to find cost-effective properties.
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INDUSTRY NEWS
Perth and Adelaide tenants battle skyrocketing enquiry rates amid rental crisis
Tenants in Perth and Adelaide are facing increasingly tough rental conditions, with super low vacancy rates sending enquiry levels on properties in many suburbs soaring.
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Real Estate News
Perth and Adelaide tenants battle skyrocketing enquiry rates amid rental crisis
Tenants in Perth and Adelaide are facing increasingly tough rental conditions, with super low vacancy rates sending enquiry levels on properties in many suburbs soaring.
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Real Estate News
Ballarat’s $3 million project adds 11 new homes for vulnerable Victorians
Delacombe, in the historic regional Victorian city of Ballarat, is the location of 11 new social and affordable homes set to be completed next month.
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Real Estate News
Can housing keep up with Australia’s forecast population boom?
Australia’s population is set to grow by $7.4 million by 2041, requiring an extra two million homes across four major cities to cater for more than 65 per cent of the forecast population spike.
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INDUSTRY NEWS
Rental costs rise sharply as vacancy rates hit record lows across Australia
The top 25 regions in the nation in Suburbtrends’ Rental Pain Index all scored either 100 or 99, underlying the currency of the rental crisis.
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INDUSTRY NEWS
First-home buyers dominate the NZ market
The number of New Zealand property sales in September were 8 per cent higher than a year ago, with first-home buyers dominating the market.
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WEIRD AND WONDERFUL
Home design trends to watch in 2024
Brutalist design elements, Murano glass chandeliers and cold plunge pools are set to transform homes and dominate social media feeds in 2024.
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INDUSTRY NEWS
Simon Cohen and Joshua Meli join forces to help everyday Aussies build wealth through property
Leading property buyer’s agent and Cohen Handler Chief Executive Officer Simon Cohen, has joined forces with Joshua Meli to form CH Secure.
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INDUSTRY NEWS
Adapting to thrive: How Liam McAlister’s Darwin-inspired philosophy drives his real estate success
Liam McAlister is a big believer in Charles Darwin’s Origin of Species and that it’s not necessarily the strongest or smartest of the species that survives, but the one that’s most adaptable to change.
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INDUSTRY NEWS
Propertyology boycotts Victorian real estate
National property market analysts and buyers’ agency, Propertyology, will boycott investing in Victorian real estate until the State Government improves its attitude towards investors, policies, government finances and economic management.
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INDUSTRY NEWS
NSW and Queensland vacancy rates take another dip
Vacancy rates across NSW and Queensland dropped in September, signalling a growing rental crisis.
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National
600,000 potential granny flat sites identified to help with housing crisis
More than 650,000 properties are suitable for the construction of granny flats across Australia’s three largest states, according to new research.
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INDUSTRY NEWS
Tenants awarded compensation for mould damaged rental
A New South Wales landlord has been ordered to pay $14,766 in compensation to her tenants after her property suffered severe mould damage following heavy rain.
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National
Sydney and Melbourne’s southeastern suburbs emerge as wise investment choices for 2024
Sydney and Melbourne’s southeastern suburbs are shaping up to be investment hotspots in 2024, courtesy of improved infrastructure, good schools and lifestyle amenities.
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Real Estate News
Pressley’s proposal: Why stamp duty should be swapped for a Medicare-style housing levy
Leading property analyst Simon Pressley has called on stamp duty to be abolished and replaced with a three per cent, Medicare-style housing levy.
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FEATURE INTERVIEWS
The Block’s marketing magic: lessons for real estate agents
There’s a lot more to marketing the high-end properties you find on The Block than simply throwing together a few photos and a quick listing description.
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INDUSTRY NEWS
Vacancy rates plummet to another record low
National vacancy rates have tumbled to yet another record low, with three capital cities recording a vacancy rate under one per cent.
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INDUSTRY NEWS
The REIV elects Jacob Caine as new president
Caine Real Estate Chief Executive Officer Jacob Caine has been elected as president of the Real Estate Institute of Victoria (REIV) for the next 12 months.
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APPOINTMENTS
Liza Balian joins First National as business growth manager for Victoria
Liza Balian has joined First National Real Estate’s Business Growth Management team in Victoria, with a remit to accelerating the network’s growth across the state.
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INDUSTRY NEWS
Anywhere and RE/MAX commit to clear costs in commissions case
Anywhere Real Estate and RE/MAX will require their agents to be clear and transparent about the cost of buyer agent services as part of their bombshell commission settlements in the US.
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INDUSTRY NEWS
Generative AI tops global CEOs’ investment list
Generative AI is the top investment priority for 70 per cent of company leaders across the globe, according to new research from KPMG.
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INDUSTRY NEWS
Jimmy Burgess: 7 ways to master your focus for success
In an ever-shifting property market, knowing where to focus your energy can be the make-or-break factor for real estate agents.
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APPOINTMENTS
Chrissie Ren joins The Rubinstein Group
The Rubinstein Group has appointed its first female sales executive, with Chrissie Ren joining the group at its new Rose Bay office.
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INDUSTRY NEWS
PEXA to strengthen UK expansion with acquisition of Smoove
Digital property exchange platform PEXA is set to acquire UK-based e-conveyancer, Smoove, in a $58.6 million (£30.8 million) deal.
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