Real Estate News
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Sights set on Maroochydore with new office RE/MAX Sunshine set to launch
RE/MAX Australia is poised for continued growth on Queensland’s Sunshine Coast with new office, RE/MAX Sunshine, set to open under the leadership of broker owners Kyle Mian and Gus Da Silva.
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South Australia tops HIA’s housing policy ranking
South Australia has topped the Housing Industry Association (HIA) Housing Policy Scoreboard, ranking ahead of all other states and territories in its approach to tackling housing supply issues.
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Top Under 30 Agent Arden Savio joins Adrian William
Arden Savio, recognised in News Corp's Top Agents Under 30 Ranking, has made the switch to Adrian William.
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Market leaders open RWC Tasmania
Tasmania’s top commercial real estate professionals have joined forces to open their own business, backed by Australasia’s largest real estate group.
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Former home of INXS frontman Michael Hutchence to be auctioned
A Sydney home once owned by INXS frontman Michael Hutchence has been listed for sale, with a price guide of $2.5 million ahead of its February 22 auction.
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Deadline looms for NSW rental properties to meet stricter water efficiency standards
From 23 March 2025, rental properties in New South Wales must comply with updated water efficiency standards for landlords to charge tenants for water usage.
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Premium markets poised for strongest gains as rate cuts near
Australia's premium property markets are expected to see the largest value increases when interest rates begin to fall, with new research indicating substantial growth potential across the housing sector.
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Capitaland Investment commits over US$700 million to build its first data centre in Japan
Singapore’s Capitaland Investment (CLI) is expanding its digital infrastructure footprint with a $700 million investment to develop its first data centre in Japan, as demand for AI-driven computing power continues to soar.
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Ray Ellis appointed CEO of CENTURY 21 Australia
Experienced real estate leader Ray Ellis has been named as the new Chief Executive Officer of CENTURY 21 Australia.
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REA Group CEO Owen Wilson announces retirement
REA Group's Chief Executive Officer Owen Wilson has announced his intention to retire from full-time executive roles in the second half of 2025, marking the end of an era for the company.
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Leadership takes centre stage at Launch 2025
Leadership was the focus at Ray White's Launch 2025 event, where more than 1,200 members gathered at the Melbourne Convention Centre for the network's largest-ever annual kickstarter.
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Office vacancy remains stable as new supply hits market
The Australian office market is showing resilience with CBD vacancy rates remaining relatively stable, despite significant new supply entering the market.
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QLD real estate industry rallies as floods impact local housing market
The Real Estate Institute of Queensland (REIQ) has pledged its support to residents, businesses, and communities affected by the severe flooding in North Queensland.
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Domain’s Head of Customer Solutions Angus Ferguson departs after successful tenure
Domain's Head of Customer Solutions, Angus Ferguson, is set to leave the company after six years of leading significant technological innovations and growth initiatives.
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Mark Jansen joins first national real estate as marketing and communications strategist
First National Real Estate has today announced the appointment of Mark Jansen as Communications & Marketing Director, continuing the revitalisation of Australia’s largest real estate cooperative that began in 2024 with the appointment of new CEO, David Edwards.
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Consumer confidence surges as rate cuts loom
Consumer sentiment in Australia has reached its highest point in nearly three years, as speculation grows about potential interest rate cuts from the Reserve Bank of Australia (RBA).
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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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Ray White Leaders Group recommit for another term
The number one recognised group of businesses in Ray White New Zealand, Ray White Leaders, have recommitted to the Ray White group for another term.
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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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A new era of excellence in Melbourne’s Bayside
The powerhouse team behind Ray White Cheltenham and Mordialloc are thrilled to announce the opening of their third office in Sandringham, launching the revolutionary Ray White - The Bayside Group.
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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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