INDUSTRY NEWS
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Why Simon Cohen’s teaming up with view.com.au to help the industry stay sharp
A month into his new role as Property Expert and Brand Ambassador for view.com.au, Simon Cohen says he’s not here to simply comment on the market, he’s here to help the industry stay sharper, be better informed, and more connected to what’s really going on.
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Japanese investors dominate Australian office market with $600m Sydney purchase
Japanese property investors continue to lead the Australian commercial property market with Daibiru Corporation acquiring a premium Sydney tower for approximately $600 million, marking the largest office transaction of the year.
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Could Brisbane overtake Sydney in house prices by 2029?
Brisbane’s property market is experiencing rapid growth — and some are now daring to ask the question: could it actually outpace Sydney in median dwelling prices within the next five years?
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Rental growth slows but landlords still hold the upper hand
Australia's rental market is showing signs of cooling with growth hitting a four-year low, though landlords remain firmly in control across all capital cities.
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Calls to ease housing affordability pressures as property leaders back red tape reduction
Two of Australia’s leading property industry voices have thrown their support behind changes to lending and investment policy, arguing they are necessary to improve housing affordability and attract investment.
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Tariffs, trade and turmoil: how global uncertainty could shake up Australia’s housing market
A trade war might be unfolding on the other side of the globe, but its impact is hitting closer to home. Domain research unpacks how tensions between major global economies are sending ripple effects through Australia’s property landscape.
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Housing market maintains growth momentum following February rate cut
The housing market has recorded its third consecutive month of price growth, with March data showing continued momentum following February's interest rate reduction.
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Ireland’s global pitch to solve its housing crisis
Ireland made its first official pitch at MIPIM, Europe’s biggest real estate trade show, aiming to attract international capital to help close a €20.4 billion annual housing funding gap.
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Home prices reach record high after February rate cut
National home prices have climbed to a record high in March, continuing their upward momentum following the Reserve Bank's February interest rate cut.
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Experts predict RBA to hold cash rate in April
Almost all experts believe the Reserve Bank of Australia will maintain the cash rate at 4.10 per cent in April, despite growing pressure for further cuts to ease mortgage stress.
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Easter-ANZAC holiday period creates prime selling window for vendors
The rare alignment of Easter and ANZAC Day within a single week this year presents an exceptional opportunity for vendors to attract serious buyers.
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Co-working spaces are booming and profits are growing
Australia's flexible workspace industry is experiencing strong growth with operators reporting increased revenue, rising profitability, and high confidence levels.
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Federal Budget addresses housing crisis but more action needed
The Albanese Government's pre-election budget has made positive steps toward addressing Australia's housing crisis, though experts suggest that more needs to be done.
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Investor loans spike nationwide as NSW hits record high
Investor loans have jumped 22 per cent across Australia over the past year, more than tripling the growth rate of owner-occupier loans according to a new report.
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Labor expands “Help to Buy” scheme to reach more homebuyers
The federal government will significantly expand its "Help to Buy" shared equity housing scheme in the Federal Budget, raising both income and property price caps to make the program accessible to more Australians.
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NSW ends No-Grounds Evictions: rental reform laws to begin in May
The Minns Labor Government has confirmed that major rental law reforms — including the end of no-grounds evictions — will take effect in New South Wales from 19 May 2025.
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Nine in talks to sell Domain stake to US real estate giant
Media reports have suggested Nine Entertainment has entered negotiations to sell its controlling stake in Domain to US real estate conglomerate CoStar, with a potential price tag significantly higher than CoStar's initial offer.
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Victoria leads Australia’s population growth as housing shortfall looms
New data from the Australian Bureau of Statistics (ABS) shows Australia’s population grew by 484,000 people (1.8%) in the year to September 2024, with Victoria leading the way, adding 147,000 new residents. Oliver Hume Chief Economist Matt Bell warns a housing shortfall will be a “tragedy” for low and middle-income households already struggling with affordability.
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Lagging construction might mean rent will rise in the US
Declining multifamily construction permits could lead to higher rent prices in major metros despite recent rent decreases.
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Rate wars could see borrowers opt for longer fixed terms
New Zealand borrowers may soon shift away from short-term fixed mortgages as banks engage in "rate wars" offering lower 2-3 year fixed rates.
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LJ Hooker calls for urgent housing action ahead of Federal Budget
Australia’s housing crisis is in the spotlight as LJ Hooker urges the Federal Government to fast-track solutions to boost supply, ease affordability, and cut red tape.
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REIV calls for tax reform to boost Victoria’s housing supply
The Real Estate Institute of Victoria (REIV) is urging the Victorian Government to implement property tax reforms to address the state's housing crisis ahead of the 2025-26 State Budget.
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Elections don’t actually impact the property market
Contrary to popular belief, Federal elections have little effect on Australia's property market, according to new research.
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Big wins for home sellers, but unit owners feel the pinch
Australian home sellers achieved record-breaking profits in the December 2024 quarter, with a median nominal gain of $306,000, according to CoreLogic's latest Pain & Gain report.
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Trump’s tariffs push up construction costs for US developers
Real estate developers across the US are facing rising costs as President Donald Trump’s latest tariffs increase prices on key building materials, including steel, aluminum, copper, and tiling.
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Brisbane and Gold Coast property markets bounce back after Cyclone Alfred
Just a week after Cyclone Alfred disrupted open homes and auctions, Brisbane and the Gold Coast real estate markets have shown little sign of slowing down.
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Trillions in real estate at risk from natural disasters
Natural disasters are threatening trillions of dollars worth of residential real estate across the United States, with extreme wind, fire and flooding posing significant dangers to property values.
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Five years on: COVID-19’s lasting impact on Australia’s housing market
Five years after COVID-19 was declared a global pandemic, its influence on Australia’s housing market remains strong, with national home values rising 38.4% since March 2020.
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Rental prices drop in Auckland and Wellington, offering relief for renters
New data from realestate.co.nz shows that rental prices have dropped in two of New Zealand’s largest cities, with Wellington seeing the biggest decline.
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Housing taxes now account for half the cost of a new home
Government taxes and charges on new housing have doubled in some Australian cities over the past five years, with new homebuyers now spending up to 15 years of their mortgage just paying off these costs.
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New homes require smaller mortgages in five states
Homebuyers in five Australian states are taking out smaller mortgages for new homes than for established properties, challenging the notion that new builds always come with premium price tags.
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Renovations add value, but not as much as you think
Homeowners considering renovations can expect to make back at least their costs, but several other factors impact the actual value added to properties.
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Property market gains momentum as new listings spike in February
Australia’s property market showed renewed momentum in February, with new listings rising across major capital cities and auction clearance rates improving, according to the latest data from Domain. New supply reached a four-month high, marking the second-highest February level on record.
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High-end property markets signal broader recovery ahead
Australia's premium property markets are showing strong signs of recovery, potentially signaling a broader market turnaround according to recent data.
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Rental affordability hits record low across Australia
Rental affordability in Australia has deteriorated to its worst level since records began in 2008, with median-income households able to afford just over a third of available rentals.
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