Real Estate News
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Could long-term leasing be a solution to Australia’s rental crisis?
Currently, around 31% of Australian households rent, a figure that is expected to increase in the coming years. This shift highlights the growing need for secure, long-term rental options.
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Australian property market hits $11 trillion despite slowing growth
Australia's property market has reached a new milestone, with the total value of residential real estate surpassing $11 trillion for the first time, but growth is starting to ease.
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RNBZ rate cuts to boost confidence
The Reserve Bank of New Zealand’s latest rate cut is set to boost market confidence and there is likely more easing on the way.
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She Sells: a simple WhatsApp group grows into a powerful platform for women at Laing+Simmons
Laing+Simmons has seen the rise of a unique, organically grown collective called “She Sells,” an initiative for female agents that started as a simple WhatsApp group within the company. This network of women agents, who originally connected through the company’s Elevate mentoring program, has grown into a powerful platform for support and collaboration. The program wasn’t strategically planned but has…
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Investors flock to charity-backed commercial properties
There’s currently a surge in demand for properties backed by established charities like the Salvation Army and St Vincent De Paul.
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Housing crisis deepens as new home builds hit decade-low
Australia's housing crisis is set to worsen as new home construction plummets to its lowest level in over a decade, according to industry experts.
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Explore Property Opens New Office in Yeppoon, Tapping into Coastal Market Boom
Adam de Jong, a veteran real estate agent, leads Explore Property’s new Yeppoon office and brings nearly two decades of local market expertise. Explore Property expands its presence in Queensland, focusing on personalised service and innovative marketing to meet the growing demand in Yeppoon’s coastal property market.
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Victorian rental market sees over 10% increase in 2024
The latest data from the Homes Victoria June Quarter 2024 Rental Report reveals a sharp increase in rental prices across the state.
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Reapit to elevate agency tech with new game-changing innovations
PropTech provider Reapit will announce the latest enhancement to its award-winning range of platforms including Console Cloud, AgentBox, Inspect Real Estate and Move Me In on 24 October.
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Strata properties gain popularity in NSW and QLD
House purchases are trending downwards in New South Wales as buyers increasingly turn to strata properties, according to a new report.
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Sydney and Melbourne’s unit markets struggle despite affordability gains
Despite improving affordability in some areas, certain unit markets in Sydney and Melbourne are failing to attract buyers, according to new research from CoreLogic.
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September property listings hit highest levels since 2015
Sellers are embracing the spring selling season, with new property listings in September 2024 reaching their highest volume since 2015.
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Parliament urged to pass housing legislation
The Property Council of Australia is calling on Parliament to pass the federal government's housing legislation without delay, starting with the Help to Buy scheme this week.
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Victoria’s property market faces challenges amid high taxes
Victoria's once-booming property market is now struggling to keep pace with the rest of Australia, according to a leading economist.
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Tasmania leads property boom with 233% gains, while NT lags
Property prices in Tasmania have surged by an impressive 233% over the past 20 years, leading the nation in capital growth.
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The Block couples: a peek behind the real estate curtain
For real estate agents, The Block provides a unique case study in how to market high-end homes under pressure.
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REA Group invests in 3D visualisation platform IMMERSIV
REA Group has announced a minority investment in IMMERSIV, a 3D visualisation platform designed specifically to support buying and selling off the plan properties..
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ANZ predicts property prices to rise 5.5 per cent in 2025
Australia's capital city housing markets are expected to see continued growth in 2024, with prices forecast to rise by 7.3 per cent.
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Rental market pressures ease as growth slows
Australia's rental market is showing signs of easing, with the pace of growth slowing and more properties becoming available for tenants.
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Queensland scraps rent caps boosting investor confidence
The Real Estate Institute of Queensland (REIQ) has welcomed a clear statement from both the Premier and the Leader of the Opposition, confirming that rent caps will not be introduced in Queensland.
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Aurora Realty sets new a standard in property management
Aurora Realty, a leading force in the property management industry, has positioned itself as the preferred choice for investors seeking exceptional property management services.
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Australian tenants lead worldwide adoption of rental tech
Australian renters are leading the way with property technology, and in the process enhancing their rental experience with a range of digital products.
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Eviction rates highlight rental struggles in NSW’s outer suburbs
Tenants in Far Western NSW and outer Sydney suburbs are facing the highest risk of eviction, according to a heat map created by the Tenants' Union of New South Wales.
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Mortgage holders skipping meals to stay afloat
Australian mortgage holders are increasingly resorting to skipping essential expenses to stay on top of their rising home loan repayments, according to new research from Finder.
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Sandra and Vincent Haupt: embracing freedom and balance with @realty
In 2017, after 15 years of running their own successful real estate company, Sandra and Vincent Haupt decided it was time for a change.
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Building approvals decline raises concerns for housing targets
Building approvals for new homes in Australia have fallen significantly, raising alarm bells for the nation's housing targets.
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Rental boom could be done and dusted
It looks like relief is on the way for struggling renters, with the rental market across Australia having finally reached a turning point.
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Going Beyond Property: Conservation meets Real Estate with SquareBySquare
In an industry where standing out is increasingly challenging, SquareBySquare isn't just selling property – it's selling purpose.
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Affordable homes outpace luxury market in price growth
Cheaper properties have experienced the strongest price growth over the past year, according to a leading property expert.
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Housing market growth slows as spring listings surge
The Australian property market is showing signs of a slowdown, with national dwelling values rising by just 0.4 per cent in September, according to the latest CoreLogic data.
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RE/MAX Consultants set sights on growth in IPSWICH
Welcoming the opportunity to represent a global brand and prepare for future growth, real estate professional Ajay Patel has this week rebranded his independent agency, Consult Realty, to RE/MAX Consultants, opening the doors to his new office location in Booval, west of Brisbane, Queensland.
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Spring Surge: affordability pressures rise as listings climb and market growth slows
Highlights National home values rose 0.4% in September, marking the slowest quarterly growth since early 2023. Year-on-year growth remains strong at 6.7% (CoreLogic) or 5.67% (PropTrack). Capital city performance varies: Sydney steady, Melbourne declining, Perth/Adelaide/Brisbane outperforming. New property listings have surged to levels not seen since 2021, increasing buyer choice and seller competition. Affordability remains a major challenge, with mortgage…
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Metricon Homes retains top spot as Australia’s largest home builder
Metricon Homes has maintained its position as Australia's largest residential builder for the ninth consecutive year, according to a new report.
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Industry warns against rent controls
Queensland's property industry is sounding the alarm over potential rent controls, warning they could further reduce rental availability.
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Million-dollar suburbs hit record high despite affordability concerns
The number of Australian suburbs with median house or unit values of $1 million or more has reached an all-time high.
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