National
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Mandurah is Australia’s fastest growing city
Mandurah, on the southwestern coast of Western Australia, has been named as the fastest growing city in the country in the past 20 years.
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What’s in the Federal Budget for real estate?
Treasurer Jim Chalmers has delivered his third Federal Budget, forecasting a surplus of $9.3 billion, handing out almost $2 billion to increase the maximum rate of Commonwealth Rent Assistance and delivering a prediction that inflation could return to target this year.
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Beds and sheds are the new prime assets
Industrial property continues to be the in-demand asset class for institutional investors, however, residential is quickly picking up steam.
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Family-friendly workplaces boost work-life balance
Employees who work in family-friendly workplaces have better work-life balance and less stress according to a new survey.
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Australia’s 20 largest property groups keep growing
Australian property has been strong over the past 12 months which is also driving up the value of some of the largest property groups in the country.
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Stubborn inflation means rate cuts might not arrive in 2024
Australians hoping for an interest rate cut this year may be setting themselves up for disappointment with persistent inflation and strong jobs data meaning the cash rate could be on hold for the rest of 2024.
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Budget funding positive but not enough to solve housing crisis
The property industry has largely welcomed the Federal Government’s housing funding, announced ahead of today’s budget, but there are still calls for more to be done.
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Federal Government announces pre-Budget housing funding
The Federal Government has unveiled a sweeping series of new housing measures, committing more than $11 billion in Tuesday’s Budget to accelerate housing construction and address homelessness across Australia.
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LJ Hooker calls on the government to help homeowners ‘right size’
The upcoming Federal Budget is an opportunity for the government to tackle the housing crisis by boosting construction and making it easier for people to ‘right-size’.
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Australian housing is ‘far from equitable’ and getting worse
The Australian housing system is likely to get worse for years to come unless the government fulfils all of its housing promises and is able to meet the high level of demand according to a new report.
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Slower growth ahead for Australian farmland
Australian farmland prices are set for further growth in the year ahead, but the pace is going to slow down according to a new report.
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Brisbane’s ‘jaw’ dropping shark house
A house shaped like the jaws of a shark has been making a splash with the locals in Brisbane.
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How to transform neglected clients into lifelong partners
Staying in touch with past clients well after a property has settled is one of the fundamental ways of ensuring you always have ongoing repeat and referral opportunities.
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Overseas immigration pushes rents higher in the inner city
Overseas immigration is driving up rents and the impact is being felt most of all in inner city Melbourne according to new data.
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The $6000 bus transformed into a funky weekender
An old, run-down Bedford Bus has been transformed into a funky weekender that also helped the owners earn a tidy profit.
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Aussies move in with friends and family to avoid rental crunch
Over 2.5 million renters have been forced to move in with friends and family to survive the ongoing cost of living crisis according to a new survey.
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Experts confident the cash rate will remain on hold
The official cash rate is likely to remain on hold in May, and the experts now think there might not be a rate cut at all in 2024.
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Australians stash a record high $1.47 trillion in the bank
The cost of living might be rising but Australians still have a good chunk of cash stashed away for a rainy day, according to new data.
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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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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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REIA unveils the agenda for the Centennial Congress
The Real Estate Institute of Australia (REIA) has released the final program for the historic REIA Centennial Congress which aims to examine what the future has in store for the industry.
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International visitors swarm Australia in a boost for hotel sector
Tourism numbers continue to bounce back from the lows of 2021, supporting a renewed interest in the hotel property sector according to an expert.
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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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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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Luxury property markets outpace median priced homes
Luxury property has been seeing values rise sharply and new data has found that the upper end of the market has been rapidly outpacing standard homes.
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Herron Todd White: Where you can find affordable homes in Australia
Despite the cost of living rising and property prices outpacing wage growth, there are still places where homes are affordable according to the latest Herron Todd White (HTW) Month in Review.
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Affordable rentals have vanished in the past three years
The percentage of rental properties priced under $400 per week has seen a dramatic decline in the past three years, presenting significant challenges for low-income earners.
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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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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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Low-income earners can’t afford to rent
Low-income earners are doing things really tough at the moment, with a new report finding that minimum wage earners could only afford less than one per cent of rental properties.
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Crane numbers at the second-highest level on record as construction booms
The number of cranes across city skylines is now at the second-highest level on record, signalling a rebound in confidence from developers.
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RE/MAX Australia honours top agents at exclusive Crystalbrook event
RE/MAX Australia invited its highest achievers to an exclusive event recently, held at the impressive Crystalbrook Vincent, a sustainable luxury hotel carved into the soaring cliff face at Howard Smith Wharves.
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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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SA takes the economic crown but WA is closing in
South Australia has come out on top of the economic leaderboard for a second straight year, according to a new report.
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Australian and New Zealand’s top auctioneers set to compete at AUSTROS
Australia and New Zealand's best auctioneers have been named as the finalists for this year's Australasian Auctioneering Championship (AUSTROS) in Hobart.
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