Real Estate News
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Stars gather in a stellar venue
In a star-studded evening of timeless elegance, the RE/MAX Australia annual awards gala was a spectacular event in the ballroom of The Star Brisbane.
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Olympic champion Grant Hackett lists luxurious Brighton mansion for up to $8.4m
Australian Olympic swimming legend Grant Hackett and his wife Sharlene have placed their luxury five-bedroom, five-bathroom Brighton home at 11 Rothesay Avenue on the market, with price expectations ranging from $7.95 million to $8.4 million.
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Gun auctioneer David McMahon joins Ray White Sutherland Shire to lead performance
Elite auctioneer and performance coach David McMahon has been appointed Head of Performance and Chief Auctioneer at Ray White Sutherland Shire, marking a homecoming to Sydney after four years in Queensland.
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Buying beats renting in Pittsburgh and Detroit
In a rare trend reversal, Pittsburgh, Pennsylvania, and Detroit, Michigan, have emerged as the only two US metro areas among the top 50 where buying a home is currently cheaper than renting, according to the Realtor.com January 2025 Rental Report.
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NSW Government’s Low and Mid-Rise policy to unlock 112,000 homes over five years
The Minns Labor Government’s Low and Mid-Rise housing policy is set to deliver 112,000 new homes across New South Wales over the next five years, as the second stage of the reforms comes into effect on 28 February.
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Productivity failures are holding Australia back, says report
Australia’s housing affordability crisis is being worsened by three decades of declining productivity in home construction, with new research revealing that the sector is building homes at half the rate it did in 1995.
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Sir Robert Menzies’ historic Melbourne residence up for sale at $9 million
A landmark home once owned by Australia’s longest-serving Prime Minister, Sir Robert Menzies, has been listed for sale in Kew, Melbourne, with expectations of up to $9 million.
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US real estate giant makes $2.7b bid for Domain
A major shake-up is underway in Australia's property portal landscape as US-based CoStar Group has launched a $2.7 billion takeover bid for Domain, Australia's second-largest real estate platform.
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Agents warned about social media rental scams
A wave of rental scams are targeting renters through social networking sites, with prospective tenants being urged to work with registered property managers.
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Dubai’s rapid growth brings housing strains
Dubai’s meteoric rise as a global hub has shown no signs of slowing down, but its booming real estate market, skyrocketing population, and worsening congestion are putting growing pressure on residents.
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Sam Mansy successfully launched his own boutique brand in just four weeks – simple, seamless and affordable
In the dynamic world of real estate, the significance of personal branding and work-life balance cannot be overstated. Enter Sam Mansy, an ambitious agent who joined @realty in 2022 with a vision to create a unique brand that truly reflects his identity. Since then, he has not only made waves in Surfers Paradise, Gold Coast, but has also redefined what…
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Ray White Remuera expand footprint solidifying market leadership
The powerhouse team behind Ray White Remuera, Megan Jaffe and Thomas Farmer, have expanded the reach even further with the acquisition of Ray White Greenlane.
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Miami’s ultra-luxury market hits overdrive: US$100M+ listings are the new normal
From Miami Beach to Palm Beach, billionaire buyers are snapping up ultra-luxury estates, redefining the region’s real estate landscape.
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Rate cut provides modest relief as mortgage stress continues
The Reserve Bank of Australia's decision to cut the cash rate to 4.10 per cent offers some reprieve to struggling homeowners, but research suggests the reduction may not be enough to ease widespread financial pressure.
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Investor boom drives spike in home loans
Australia's home loan market has experienced significant growth in 2024, with investor lending leading the way and showing remarkable resilience amid changing market conditions.
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Historic London penthouse from ‘Oliver!’ is selling for $3.54 million
A stunning penthouse in a converted warehouse that once served as a backdrop for the 1968 Oscar-winning film ‘Oliver!’ is now on the market for £1.85 million (AUD $3.54 million).
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Regional markets show strength as capital cities slow
Regional property markets are showing remarkable resilience while capital cities face declining prices.
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View.com.au welcomes Simon Cohen as its Property Expert and ambassador
View.com.au, Australia’s premier property research and free listings platform, is excited to welcome Simon Cohen - one of Australia’s most respected real estate professionals - as its Property Expert and ambassador.
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New Orleans continues rebuilding 20 years after Hurricane Katrina
Nearly 20 years after Hurricane Katrina, New Orleans is still repairing homes and reinforcing flood protection systems following the storm that caused US$201.3 billion in damages, killed over 1,800 people, and displaced millions.
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Foreign buyers to be banned from purchasing existing homes
Labor has announced a two-year ban on foreign investors purchasing existing homes in Australia, mirroring a similar policy proposed by the Coalition last year, as part of broader efforts to improve housing affordability.
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Britney Spears’ former Beverly Hills home listed for $12.2 Million
A Beverly Hills mansion once owned by Britney Spears is back on the market with an asking price of $8 million (AUD $12.2 million).
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RBA cuts interest rates to 4.1% – what does it mean for real estate?
The Reserve Bank of Australia (RBA) has lowered the cash rate to 4.10%, marking the first rate cut in years and offering potential relief for buyers, investors, and homeowners.
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How to create a memorable real estate brand in 12 easy steps
Creating a memorable real estate brand requires a strategic approach to differentiate yourself in a competitive market.
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Renée Zellweger’s former California ranch Listed for sale
A sprawling Southern California estate once owned by Renée Zellweger has hit the market for $7.995 million (approximately AUD $11.5 million).
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UK student housing market sees record investment from real estate developers
Real estate developers are investing heavily in the UK student housing sector.
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Andy Cohen drops $2 million off the price of his West Village, NY apartment
Bravo star Andy Cohen has reduced the asking price of his luxurious New York City duplex by $2 million (AUD 3.05 million), six months after initially listing it for $14 million (AUD 21.4 million).
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Leading Perth agency welcomes new GM
Ray White Cottesloe | Mosman Park has appointed Michelle Ralph as the leading agency's new general manager, bringing a wealth of experience to the business.
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Five liability risks and how to steer clear of them
Getting caught up in a legal liability claim is a drama every property manager should want to avoid. But what are some of the liability risks an agent might face at a rental property?
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More suburbs join the $2million and $3million clubs
A growing number of Australian suburbs have crossed the $2 million and $3 million median house price mark as strong price growth continues to push property values higher in blue chip markets.
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Ray White inks major partnerships with AFL powerhouses
Leading real estate group Ray White has secured significant partnerships with two of the AFL's biggest clubs, joining forces with both Collingwood Football Club and Sydney Swans in separate three-year deals.
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Sydney’s essential workers get new affordable housing development
A major build-to-rent development is set to transform Sydney's Inner West, with the Minns Labor Government announcing plans to convert a former WestConnex dive site in Camperdown into affordable housing for essential workers.
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Victorian short-stay tax hitting domestic violence victims in emergency accommodation
Domestic violence survivors seeking emergency shelter through Airbnb are being charged Victoria’s new short-stay tax, prompting urgent calls for an exemption.
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Steve Wynn re-lists lavish Beverly Hills mansion for US$75 Million
Billionaire casino mogul Steve Wynn has put his Beverly Hills estate back on the market for US$75 million (AUD$114 million), marking another attempt to sell the sprawling property after multiple price adjustments over the years.
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Property doubling myth partially true across New Zealand
The common belief that property prices double every decade has proven true for some New Zealand regions, while others have fallen short of this benchmark.
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GXE is transforming property investment with innovation and clarity
GXE, co-founded by Ed Hooper and Andrew Armstrong, is on a mission to revolutionise how property developers, investors, and fund managers manage their investments.
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