INDUSTRY NEWS
-
Unliveable Potts Point mansion sells for $13.7 million
An unliveable mansion apartment in Potts Point has sold for $13.7 million, a stunning $3.7 million above its initial $10 million price guide.
Read More » -
Perth property could rise 20 per cent this year
The Real Estate Institute of Western Australia (REIWA) predicts that Perth property prices could potentially increase 20 per cent in 2024 as population growth continues to surge.
Read More » -
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.
Read More » -
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.
Read More » -
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.
Read More » -
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.
Read More » -
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.
Read More » -
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.
Read More » -
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.
Read More » -
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.
Read More » -
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.
Read More » -
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.
Read More » -
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.
Read More » -
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.
Read More » -
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.
Read More » -
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.
Read More » -
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.
Read More » -
The evolution of virtual staging: How AI has made life easy for agents
Just as life progresses, so do the technological advances that equal efficiency and convenience in the workplace.
Read More » -
Olga Horak selling her Rose Bay home
High-profile Jewish immigrant, Olga Horak who fled Germany after World War Two is selling her Rose Bay home with a $6 million price guide.
Read More » -
Australia’s most affordable coastal hotspots
The swarm of seachangers headed to coastal areas surged during COVID lockdowns and in the process drove up prices.
Read More » -
REIV wants tax reforms to boost rental supply
The Real Estate Institute of Victoria (REIV) has called on the Victorian Government to consider tax reforms that will bolster the supply of rental properties and help ease the escalating affordability crisis.
Read More » -
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.
Read More » -
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.
Read More » -
New listings tumbled 13.6 per cent in March
Vendors took their foot off the pedal last month, with new listings 8.8 per cent lower than the same time last year.
Read More » -
Richardson & Wrench Caboolture says cheers to 30 years
It was a simple house-and-land newspaper ad that brought Robyn and Peter Lachmund to Caboolture from Penrith.
Read More » -
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.
Read More » -
CommBank, NAB and Telstra named best companies to work for
Australia’s best companies to work for have been named with CommBank, NAB and Telstra taking top honours.
Read More » -
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).
Read More » -
Propic secures full Series D subscription, led by View Media Group
Propic has announced the successful closure of its Series D funding round.
Read More » -
Arresting development: Fremantle Police Headquarters ‘cells’ for $5 million
The heritage-listed Fremantle police station in Western Australia has been sold to a private buyer after the sales team was able to successfully market the property to local investors.
Read More » -
New Zealand luxury house and unit transactions slide
For the second year in a row, both luxury house and luxury unit transactions decreased. For Auckland, houses that sold for more than $5 million were considered to be luxury houses, and units that sold for more than $3 million were considered luxury units. In Wellington, where sale values are smaller, the condition for luxury houses was at least $3…
Read More » -
REIQ launches new video series to empower consumers
The Real Estate Institute of Queensland (REIQ) has launched a new video series that aims to help consumers make educated and informed decisions about buying, selling, or renting property in Queensland.
Read More » -
Noosa’s newest prize: Waterfront icon sets new record
A two-bedroom Noosa Heads waterfront apartment has sailed away with a new record as the most expensive property sold in the tightly held Noosa Harbour Resort.
Read More » -
Capital cities to outpace regional areas with price growth
The big capital cities are shaping up as the best buying opportunities in the next 12 months led by Brisbane, Adelaide and Sydney.
Read More » -
Ray White New Zealand raises over $400,000 for charity
The Ray White network across New Zealand has spent the month of March, walking, swimming and riding to help raise over $400,000 for Ronald McDonald House Charities.
Read More »