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INDUSTRY NEWS
Ray Ellis appointed CEO of CENTURY 21 Australia
Experienced real estate leader Ray Ellis has been named as the new Chief Executive Officer of CENTURY 21 Australia.
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INDUSTRY NEWS
REA Group CEO Owen Wilson announces retirement
REA Group's Chief Executive Officer Owen Wilson has announced his intention to retire from full-time executive roles in the second half of 2025, marking the end of an era for the company.
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INDUSTRY NEWS
Office vacancy remains stable as new supply hits market
The Australian office market is showing resilience with CBD vacancy rates remaining relatively stable, despite significant new supply entering the market.
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Real Estate News
Domain’s Head of Customer Solutions Angus Ferguson departs after successful tenure
Domain's Head of Customer Solutions, Angus Ferguson, is set to leave the company after six years of leading significant technological innovations and growth initiatives.
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INDUSTRY NEWS
Consumer confidence surges as rate cuts loom
Consumer sentiment in Australia has reached its highest point in nearly three years, as speculation grows about potential interest rate cuts from the Reserve Bank of Australia (RBA).
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INDUSTRY NEWS
Agents are optimistic about house price growth in 2025
The majority of real estate professionals are predicting house prices will increase in 2025, with improved affordability and potential interest rate cuts driving market confidence.
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INDUSTRY NEWS
Luxury real estate is in for a change in 2025
The luxury real estate market is poised for big changes in 2025, with more balanced market conditions, growing multi-generational demand, and increasing female leadership emerging as key trends.
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INDUSTRY NEWS
REIA unveils seven-point plan to tackle housing crisis
The Real Estate Institute of Australia (REIA) has launched a comprehensive election commitment plan aimed at addressing Australia's housing affordability crisis ahead of the 2025 Federal Election.
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Celebrity Homes
Olympic Legend Mo Farah Lists Surrey Mansion for $12 Million
Four-time UK Olympic gold medallist Sir Mo Farah has placed his luxury Surrey mansion on the market, seeking £6 million ($12 million) for the property that showcases premium features and extensive living space.
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Movers and Shakers
Blake Lowry joins BresicWhitney Inner West
Award-winning Inner West agent Blake Lowry has made the move to BresicWhitney, strengthening the group's presence in key Sydney markets.
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INDUSTRY NEWS
Property prices dip as market momentum slows
National home prices have recorded their first decline of the year, dropping 0.08 per cent in January, though values remain nearly 4 per cent higher than the same time last year.
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Celebrity Homes
Historic Mayfair mansion with royal connections hits market for $29M
An exquisite townhouse in Mayfair, once home to British Foreign Secretary James Harris and host to Emperor Napoleon III, has been listed for sale at £14.95 million ($29 million), offering a rare opportunity to own a piece of Anglo-French history.
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Movers and Shakers
Jae Choi to lead new Belle Property Sunnybank office
Belle Property continues its Queensland expansion with experienced local agent Jae Choi heading up their new Sunnybank office.
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Movers and Shakers
Jess Culling leads Place Redcliffe Peninsula opening
Place Estate Agents has expanded its presence in the Moreton Bay Region with the official opening of Place Redcliffe Peninsula, led by top-performing agent Jess Culling.
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Movers and Shakers
Sally O’Connell named CEO of Abercrombys
Leading finance and real estate executive Sally O'Connell has been appointed as the new CEO of Abercrombys, effective February 2025.
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FRANCHISE NEWS
Sarah McCallum: taking control of your business
Making the transition from a franchise to running her own business was a watershed moment for Sarah McCallum, who hasn't looked back since joining Area Specialist three years ago.
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INDUSTRY NEWS
Rental market shows signs of cooling as availability improves
The Australian rental market is showing early signs of easing, with slower price growth and improved property availability marking a shift from the intense conditions of 2023.
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INDUSTRY NEWS
New Zealand coastal suburbs see extraordinary growth patterns
New Zealand's coastal property market has experienced exceptional growth across both islands, with some areas achieving up to 372 per cent value increase over five years, according to new research.
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INDUSTRY NEWS
Property investors target consistent markets
Property investors are increasingly understanding the value of consistent markets over boom locations, with new research revealing the top 50 safest investment suburbs across Australia.
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INDUSTRY NEWS
First home buyers flock to Victoria as ‘rentvesting’ gains momentum
First home buyer loan activity is surging across Australia, with Victoria emerging as the nation's leading destination for new buyers.
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CASE STUDIES
Sam Hatzistamatis: where analytics meets people in property management
Success in property management comes down to two critical elements - understanding the numbers and managing people.
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Movers and Shakers
Sonia Lennon joins Harcourts SA leadership team
Experienced property management professional Sonia Lennon has been appointed as Property Management Operations Manager at Harcourts South Australia.
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Movers and Shakers
Jo Phelps returns to Harcourts SA
Jo Phelps has been appointed as State Operations Manager/Events at Harcourts SA, marking her return to the company after 18 years of experience within the Harcourts Group.
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INDUSTRY NEWS
Land prices surge past inflation and construction costs
National land prices have hit record highs, outpacing both consumer inflation and building costs as supply constraints continue to challenge the housing market.
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INDUSTRY NEWS
Singapore’s Ho Bee Land launches takeover bid for AVJennings
Ho Bee Land has entered a bidding war for Australian homebuilder AVJennings, offering A$391 million in a move that challenges an existing bid from American real estate firm Proprium Capital Partners.
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Celebrity Homes
Melbourne Cup winner’s iconic Lavender Bay home hits the market
A breathtaking Lavender Bay residence, owned by championship thoroughbred horse owner and Melbourne Cup winner Fergus Doyle, is now on the market with lifestyle-inspired real estate agency Atlas Sydney & East Coast.
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Celebrity Homes
Actor Jeremy Renner makes a tidy profit on renovated LA mansion
Hollywood star Jeremy Renner has sold his renovated Los Angeles home for US$12.4 million.
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INDUSTRY NEWS
Property slowdown gives NZ buyers the upper hand
New Zealand's property market continues to experience a slowdown, with national property values falling nearly 18 per cent from their post-COVID peak, creating great conditions for buyers.
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INDUSTRY NEWS
Property listings surge to highest levels since 2017
The property market has seen its strongest year of new listings since 2017, giving buyers more choice and potentially slowing price growth in 2025.
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FRANCHISE NEWS
Dr Sarah Bell: don’t be left behind by the tech revolution
Technology is already changing real estate, reshaping the way agents and property managers connect with clients, whether we realise it or not.
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INDUSTRY NEWS
This Florida mega-mansion could be America’s most expensive home
A planned luxury compound in Manalapan, Florida, is pushing the boundaries of high-end property with a staggering US$285 million price tag.
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INDUSTRY NEWS
Queensland first-home buyers can soon rent rooms without losing benefits
First-home buyers in Queensland will soon be able to rent out spare rooms without risking their grants or concessions following a legislative push supported by the Real Estate Institute of Queensland (REIQ).
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