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INDUSTRY NEWS
Interest rates on hold but future hikes not ruled out
The Reserve Bank of Australia has kept interest rates on hold at 4.35 per cent at its May meeting, but cautioned that higher than expected inflation was not expected to return to the target 2-3 per cent range until the second half of 2025.
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Real Estate News
TRG set to open another office in Hunters Hill
Gavin Rubinstein is set to shake up the Hunter’s Hill property market, with plans to open The Rubinstein Group’s (TRG) third office.
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Real Estate News
Wingadal listed with price hopes of $200 million-plus
Australia's residential property price record could soon be smashed, with the striking Sydney mansion, Wingadal, hitting the market with price expectations of more than $200 million.
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Real Estate News
Smart glasses could enhance auction transparency
Virtual reality smart glasses have the potential to bring greater transparency to the real estate industry and help auctioneers and agents improve their craft, but they won’t become widely used until they are mainstream in people’s homes.
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Real Estate News
Property values continue to rise amid low supply
Australian property values have continued to rise, with low supply trumping high interest rates and inflation in the price equation.
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Real Estate News
Domain introduces Audience Boost to reach more buyers
Residential listings with Domain will reach even more buyers from July 1, with the portal’s new Audience Boost feature set to promote properties across display advertising and social media.
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Real Estate News
Generative AI to propel global data centre market growth
The rise of generative AI is set to transform the data centre market, making it one of the asset classes investors should keep an eye on.
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Real Estate News
Melbourne agent conducts first Virtual Reality-enhanced property auction
A Melbourne real estate agent is believed to be the first auctioneer to sell a residential property under the hammer while wearing Virtual Reality goggles, which meant the vendors could see all the action.
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Real Estate News
Step into the future aboard the $3 billion underwater superyacht Migaloo M5
The ultra-wealthy won't just be able to live in luxurious homes on land, they'll also have the option of diving below the surface of the ocean with the launch of the groundbreaking M5 superyacht.
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Elite Agent
Stuck in a real estate rut? Here’s why you should lace up and level up
Every morning, I face off against a familiar foe: the first kilometre of my run.
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Real Estate News
Rent.com.au posts record quarterly revenue
Rent.com.au has recorded record group revenue of $890,000 for the March quarter of the 2024 financial year.
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Real Estate News
Is the inflation spike just a ‘blip’ on the radar?
Inflation figures released today are likely to see interest rates remain high for longer, according to experts.
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Real Estate News
Property prices hit new record, with more to come
Property prices have hit yet another record, with the combined capital city house and unit prices rising by up to 1 per cent in the March quarter.
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Real Estate News
James Nixon joins TRG as the agency expands to projects
James Nixon has joined The Rubinstein Group (TRG), as the agency branches out into projects for the first time.
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Real Estate News
The Block winners sell Bexley home for $805,000 profit
After winning $1.75 million on the 2023 season of The Block, Steph and Gian Ottavio have sold their Bexley home for a tidy profit.
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Real Estate News
WA and QLD are the nation’s affordability havens
Western Australia and Queensland have emerged as Australia’s affordability havens, with more than half of all the more economical regions across the country located in the two states.
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Real Estate News
Moira Verheijen takes the ANZAC spirit to her open homes
When prospective buyers walk into Moira Verheijen’s open homes this weekend they will be greeted by the sight and smell of freshly baked ANZAC biscuits.
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THE ELEVATE PODCAST
Mastering client connections: Nyree Ewings on the art of personalised service, building buyer engagement and establishing a referral empire.
From novice to notable, Nyree Ewings has risen through the real estate ranks with a philosophy of always putting her clients first. For Nyree, real estate isn’t just about a property changing hands, it's about forging deep, personal relationships, elevating service standards to truly embody being a high-performance agent.
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Real Estate News
Meet the new Atlas: stronger, swifter and fully electric
Just a day after Boston Dynamic’s humanoid robot, Atlas, was retired, its new and very definitely improved sibling is generating significant attention.
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Real Estate News
Pedal power: Kelly Podlich saddles up to help young people
As Harcourts International’s Chief Financial Officer, Kelly Podlich is used to chalking up some pretty big numbers.Â
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Real Estate News
Step into the future at Australia’s most tech-enhanced apartment development
Australia’s most tech-enhanced apartment complex will be built in Melbourne, with features including an air purification system and a smart oven that listens to your commands and answers your cooking questions.
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Real Estate News
Sophie Lyon takes on a new role at Real+
Leadership and property management expert Sophie Lyon has joined national training and consulting platform Real+, with a goal of helping leaders take the next step in their career.
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Real Estate News
Home building unlikely to rise this year
Home building activity is unlikely to pick up this year given the volume of new home sales is also languishing, according to the Housing Industry Association (HIA).
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Elite Agent
What to do when your business stalls
When it comes to moving your real estate business forward, that growth doesn’t have to be in a straight line.Â
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Real Estate News
Byron Bay the most unaffordable place to rent in Australia
Byron Bay, Mermaid Waters and Noosaville are the most unaffordable places to rent a property, according to new research.
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Real Estate News
Tim Reardon: Attract foreign investors don’t tax them
Foreign investors are not to blame for Australia’s housing shortage and are actually one of the keys to solving the crisis, according to an economist.
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Elite Agent
Overcoming camera fear: Katie Lance’s guide to confidence
Appearing on camera can be a daunting experience, but for many in the real estate industry, it’s a necessary part of building a personal brand.
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Real Estate News
Tenant who subleased room and kept up to five cats ordered to leave rental
An ACT tenant who leased a room in her landlord's property on Booking.com and housed up to five cats without permission has been ordered to leave the property.
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Real Estate News
Hundred4Harper raises $100,000 for childhood brain cancer research
Almost 250 people filled a gym on Sydney’s Northern Beaches on the weekend, sweating it out in a gruelling 100km fitness challenge in honour of a little girl some of them had never even met.
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Real Estate News
Almost zero: Perth’s vacancy rate falls again
Perth's vacancy rate is heading towards zero after hitting a new low of 0.4 per cent in March.
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Real Estate News
Spanish Government to cease ‘golden visa’ scheme for property investment
The Spanish government has initiated the process to discontinue the controversial "golden visa" scheme, which has offered foreign investors a fast track to residency since 2013.
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Real Estate News
REIA launches action plan to tackle housing crisis and boost property management
The Real Estate Institute of Australia (REIA) has launched a Property Management Action Plan designed to simultaneously tackle the housing crisis and bolster property management as a profession.
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Real Estate News
Ray White launches record million-dollar media campaign
Ray White has launched its biggest media spend campaign in its 122-year history, committing $1.5 million to be spent across four pillars this year.
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Real Estate News
Landlords must prepare for ESG scrutiny in asset valuations
Landlords will need to prepare for more questions from valuers about an array of different Environmental, Social, and Governance (ESG) elements for assets, following changes to the International Valuation Standards (IVS).
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Real Estate News
Build-to-rent lift-off won’t solve the housing crisis
Build-to-rent continues to gather momentum in Australia, but it is unlikely to be the housing crisis saviour, according to the Real Estate Institute of Australia (REIA).
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