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Real Estate News
Vacancy rates fall again in the new year
Rental availability declined further in January, with the national vacancy rate falling to 1.09 per cent.
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Real Estate News
RBA keeps interest rates on hold at 4.35 per cent
The Reserve Bank of Australia has kicked off 2024 with an interest rate hold, electing to keep the cash rate at 4.35 per cent at its first meeting of the year.
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Real Estate News
First home owners join MyBrix looking to sell their mortgage to investors
Sydney-based FinTech start-up, MyBrix, has received its first applications from property owners looking to sell their mortgage debt to investors.
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Elite Agent
The power of partnership: What trust and loyalty mean to Jerome Srot and Gavin Rubinstein
Gavin Rubinstein and Jerome Srot go together like John Lennon and Paul McCartney.
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Real Estate News
Will Queensland’s portable bond scheme be a welcome reform or a nightmare?
The Real Estate Institute of Queensland (REIQ) has welcomed a State Government bridging bond loan initiative to help get more renters into properties, but labelled the introduction of a portable bond scheme as an “administrative nightmare”.
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Real Estate News
Australia’s auction season kicks off with near-record activity
Australia has recorded the second biggest start to auction season on record, with 1671 properties going under the hammer last week across the capital cities.
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Real Estate News
What the Apple Vision Pro means for real estate
The Apple Vision Pro has the potential to change the way Australians view properties and drive engagement and inspections for agents.
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Real Estate News
Top agents open a new Sydney Sotheby’s office
Maclay Longhurst and Emily Davidson have taken the next step in their already successful real estate careers, opening a Sydney Sotheby’s International Realty office.
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Real Estate News
The Agency recruits market leaders in Melbourne’s Williamstown
Highly regarded real estate professional Leigh Melbourne and his team have joined The Agency Victoria, and are looking to grow the brand in the Williamstown area.
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Real Estate News
3 strategies Ekland Gomes used to sell $3.77 billion in property
Last year was a challenging one for many agents in the US real estate market.
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Real Estate News
Queensland estate to offer residents a private airpark
A $65 million master planned community on Queenland’s Fraser Coast will provide residents with access to one of the first ‘airparks’ in the country.
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Real Estate News
Mixed results as home values climb for the 12th straight month
Australian property values have risen for the 12th consecutive month, but market performance remained varied among the capital cities.
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Real Estate News
Tax cut could unlock 10,000 affordable rental homes
Lowering a single tax on build-to-rent housing could protect 150,000 new homes and create a further 10,000 affordable rental homes over the next decade, according to new modelling.
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Real Estate News
REIQ calls on the LNP to reveal stamp duty threshold
The Real Estate Institute of Queensland (REIQ) has labelled the LNP’s promise to lift the first-home buyer stamp duty threshold as lacking substance without naming a figure.
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Real Estate News
Chinese property giant Evergrande ordered to liquidate
A Hong Kong court has ordered the world’s most indebted property developer, China’s Evergrande Group, to liquidate, following its failure to negotiate a restructuring agreement with creditors.
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Real Estate News
Rental stock levels fall to record low levels
Rental stock has plummeted to historic low levels, with population growth continuing to drive demand.
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Real Estate News
Enhanced site experience for view.com.au
Improved homepage search, ‘see all’ functionality and buyer leads for unlisted properties are among a raft of improvements unveiled as a part of view.com.au’s new autumn campaign, which launches this week.
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Real Estate News
Second ride in 2025 to raise funds for underprivileged children in Thailand
When Grant Turner puts his foot on the pedal to set out on the next Digital Live Home Hug Ride, it will be a full circle moment.
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INDUSTRY NEWS
Coastal values soar despite economic challenges
More than one-third of Australia’s regional coastal markets have property values at record highs despite multiple interest rate hikes and soaring cost of living.
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INDUSTRY NEWS
Tenants to pay landlord $3000 over cockroach dispute
A Sydney couple have been ordered to pay their landlords $3000 for vacating an inner-city property just four days into their lease, due to a cockroach issue.
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Real Estate News
REIQ demands crackdown on dodgy backyard rentals
The Real Estate Institute of Queensland (REIQ) has called on authorities to crackdown on blackmarket “backyard campsites” emerging as a result of the rental crisis in the state.
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Real Estate News
Property prices hit new highs as growth continues
Australia’s property market has fully recovered from the 2022 downturn, with prices hitting a record high in the December quarter.
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Real Estate News
Anton Babkov steps aside as Rex Software CEO
Anton Babkov, one of the founders of Rex Software, has stepped aside as chief executive officer and will move into a board role for the real estate software provider.
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APPOINTMENTS
Stockdale & Leggo appoint Catherine Rogers as new COO
When Catherine Rogers started her career in reception, little did she know that more than 20 years later she’d take a senior position at one of Victoria’s leading real estate agencies.
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INDUSTRY NEWS
Kolmeo’s new workflow checklists to help save time and money
Property management software provider Kolmeo has launched its latest innovative feature - workflow checklists.
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Real Estate News
Zillow’s new feature helps renters build credit history
US real estate platform Zillow will introduce credit-building payment reporting so tenants who pay their rent on time can build a credit history and access broader financial opportunities.
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Real Estate News
Queensland rental crisis: vacancies dip, social housing queue soars
Queensland’s vacancy rate has continued to fall, while the state’s social housing waiting list has climbed to 43,000.
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Real Estate News
Mathew Tiller: Property market more balanced in 2024
Increasing stock levels will create a more balanced property market in 2024, but prices will still climb, according to LJ Hooker Head of Research Mathew Tiller.
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Real Estate News
Exceeding expectations: Toowoomba team joins First National
Even after 31 years in real estate, Andrew Lynch still believes in the one-percenters.
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Real Estate News
Premier Chris Minns: NSW won’t meet housing targets
New South Wales Premier Chris Minns has waved the white flag and admitted the state has “no chance” of meeting its first 12-month housing target as part of the National Housing Accord.
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Real Estate News
New Zealand tenant wins compensation for bad neighbours
An Auckland tenant has been awarded compensation after reporting 25 incidents involving neighbouring renters, including finding a man hiding in the roof.
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Real Estate News
Perth price growth set to continue in 2024
Perth house prices could grow as much as 10 per cent this year, with rising interest rates failing to dampen buyers’ desire for homes in the Western Australian capital.
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