Real Estate News
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Agents are optimistic about house price growth in 2025
The majority of real estate professionals are predicting house prices will increase in 2025, with improved affordability and potential interest rate cuts driving market confidence.
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Oil Billionaire Bill Koch lists Aspen estate for $125 million
Billionaire Bill Koch has listed his 52-acre (21-hectare) Aspen estate for an eye-watering $125 million (AUD $190 million), more than four times what he paid when he purchased the property for $26.5 million (AUD $40.2 million) in 2007.
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Investors favour apartments and hotels over offices as real estate market rebounds
The commercial property market began recovering in the second half of 2024, with investors shifting away from office buildings and favouring residential property, hotels, and warehouses, according to Morgan Stanley Capital International (MSCI).
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Will Arnett lists Beverly Hills home for $22.5M ($36.1M AUD)
Actor and podcaster Will Arnett has put his Beverly Hills, California, residence on the market for $22.5 million USD (approximately $36.1 million AUD), following significant customisations to the luxury property.
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Luxury real estate is in for a change in 2025
The luxury real estate market is poised for big changes in 2025, with more balanced market conditions, growing multi-generational demand, and increasing female leadership emerging as key trends.
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REIA unveils seven-point plan to tackle housing crisis
The Real Estate Institute of Australia (REIA) has launched a comprehensive election commitment plan aimed at addressing Australia's housing affordability crisis ahead of the 2025 Federal Election.
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HIA calls for urgent action in Budget to tackle housing supply
The Housing Industry Association (HIA) has urged the Federal Government to use the 2025-2026 Budget to address Australia’s deepening housing crisis, warning that without major investment and reform, home ownership will slip further out of reach for many Australians.
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Property prices dip as market momentum slows
National home prices have recorded their first decline of the year, dropping 0.08 per cent in January, though values remain nearly 4 per cent higher than the same time last year.
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Darren Pearce joins First National as Membership Director
Industry veteran, Darren Pearce, with over 30 years of experience has taken on a key leadership role at Australia's largest independent real estate network.
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Manhattan’s biggest retail play since 2021 with US$200M Soho buy
Blackstone is set to acquire a $200 million (AUD $305 million) retail portfolio in Soho, marking the biggest investor-led retail purchase in Manhattan since 2021.
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Sarah McCallum: taking control of your business
Making the transition from a franchise to running her own business was a watershed moment for Sarah McCallum, who hasn't looked back since joining Area Specialist three years ago.
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Stuck in “Blockbuster” mode: COMPANY RE is disrupting Australian real estate in 2025 by empowering agents, buyers and sellers
Australian real estate agents are trapped in a "Blockbuster" model and need to start thinking like Netflix if they want to survive, according to real estate industry disruptor COMPANY RE.
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The 5 biggest property trends set to shape 2025
The Australian property market is set for another year of change, with economic policy, cultural shifts, and evolving buyer behaviour shaping the landscape. REINSW President and BresicWhitney CEO, Thomas McGlynn, predicts the five trends that will shape our industry in 2025.
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Former Saudi prince’s mansion sells for $263 million
The Holme, a 40-bedroom mansion in Regent’s Park once owned by the Saudi royal family, has been sold for £139 million (approximately AUD $263 million) in one of London’s largest-ever property sales.
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Luxury rentals dominate prime London market
The Prime Central London (PCL) lettings market demonstrated remarkable resilience in 2024, with luxury and short-term rentals thriving, according to Beauchamp Estates’ annual Prime Central London Lettings Survey.
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Rental market shows signs of cooling as availability improves
The Australian rental market is showing early signs of easing, with slower price growth and improved property availability marking a shift from the intense conditions of 2023.
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CPI decline raises hopes for borrowers
The latest Consumer Price Index (CPI) data shows a significant decline in inflation, bringing relief to borrowers and sparking optimism for an interest rate cut, but experts urge caution to maintain economic stability.
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New Zealand coastal suburbs see extraordinary growth patterns
New Zealand's coastal property market has experienced exceptional growth across both islands, with some areas achieving up to 372 per cent value increase over five years, according to new research.
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Property investors target consistent markets
Property investors are increasingly understanding the value of consistent markets over boom locations, with new research revealing the top 50 safest investment suburbs across Australia.
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Ellen DeGeneres re-lists historic LA home at a discount after move to the UK
Ellen DeGeneres and Portia de Rossi have re-listed one of their last Los Angeles properties for $29.99 million (AUD $45.4 million), marking a significant price reduction from its previous listing of $33.9 million (AUD $51.4 million).
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Ben Chick celebrates 10 years with Explore Property
When Ben Chick opened the doors to Explore Property in January 2015, Mackay was reeling from a mining downturn, and the economy was at its lowest point. Despite the odds, Ben saw an opportunity to build something meaningful. Ten years later, Explore Property has grown from a small team of four to a thriving business of 30, establishing itself as…
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Aussie James Bond bows out of local property market
George Lazenby, Australia’s only James Bond, has closed the chapter on his Australian real estate holdings with the sale of his final property in Crows Nest for $2.45 million.
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Single-family rents hit record high in US
The cost of renting a single-family home has reached an all-time high, sitting 20% above the average rent for multifamily apartments, according to Zillow’s latest market report.
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First home buyers flock to Victoria as ‘rentvesting’ gains momentum
First home buyer loan activity is surging across Australia, with Victoria emerging as the nation's leading destination for new buyers.
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$10,000 apprenticeship incentive welcomed as key step in tackling housing crisis
The Property Council of Australia and the Housing Industry Association (HIA) have praised the federal government’s new $10,000 apprenticeship incentive, calling it a crucial measure to address the labour shortages hampering Australia’s housing goals.
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Nigel Mukhi rejoins McGrath to open a new McMahons Point office
McGrath Estate Agents have signalled their further focus on the group’s expansion across Sydney’s Lower North Shore with the opening of McGrath McMahons Point.
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Sam Hatzistamatis: where analytics meets people in property management
Success in property management comes down to two critical elements - understanding the numbers and managing people.
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Inside Villa Gucci: a $22.7M Roman masterpiece steeped in luxury and heritage
A magnificent $22.7 million AUD villa in Rome, once home to the iconic Gucci family, has entered the market, offering a rare mix of opulence, history, and panoramic views of the Eternal City.
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Land prices surge past inflation and construction costs
National land prices have hit record highs, outpacing both consumer inflation and building costs as supply constraints continue to challenge the housing market.
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Trump’s return sparks surge in high-end home sales in Washington
Donald Trump’s second presidential term has transformed Washington, DC, into a hub for the wealthy and influential, fuelling a real estate frenzy.
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