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INDUSTRY NEWS
Lending to build new homes slows down
Rising interest rates continue to weigh on housing finance, with new data from the Australian Bureau of Statistics showing a decline in August.
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Celebrity Homes
Tommy Lee relists his Los Angeles home
Rock-n-roll icon Tommy Lee is once again attempting to offload his Los Angels home and looking at taking a substantial loss in the process.
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Real Estate News
Major banks to pass on full RBA rate hikes
Australia’s big four banks have been quick to pass on the Reserve Bank of Australia’s 25 basis point rate hike in full to their variable mortgage customers.
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INDUSTRY NEWS
Regional property values set to benefit from the renewable energy boom
Australia’s focus on renewable energy will see a number of regional property markets across the east coast benefit from rising prices and long-term capital growth.
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Celebrity Homes
Larry David wins bidding war for a Montecito estate
Curb Your Enthusiasm creator Larry David has acquired a Montecito home in a bidding war, paying US$7.6 million, which was US$600,000 over the asking price.
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INDUSTRY NEWS
New QLD rental laws for pets to come into play
Queensland's new rental laws have come into effect, with property owners no longer able to set a 'no-pet policy' unless certain criteria are met.
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Celebrity Homes
Imagine Dragons’ frontman buys mid-century home in Los Feliz
Lead singer of Grammy-winning rock band Imagine Dragons, Dan Reynolds has quietly picked up an extensively renovated 1950s home in Los Feliz for US$5.8 million.
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Celebrity Homes
Lil Wayne selling his Miami Beach mansion for $29 million
Rapper Lil Wayne is looking to offload his luxurious Miami Beach mansion for a tidy profit after holding on to it for only four years.
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INDUSTRY NEWS
Low-deposit finance across New Zealand becoming harder to get
Low-deposit finance is becoming increasingly hard to secure in New Zealand as banks continue to tighten lending standards.
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COMMERCIAL
Rising costs to see students look to student accommodation
Higher rents and rising living costs could see students turn back to specialist student accommodation according to an expert.
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INDUSTRY NEWS
Adelaide property prices starting to cool after a record run
The daily number of sales in metropolitan Adelaide has fallen dramatically this year, reverting back to pre-pandemic levels, according to new data.
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INDUSTRY NEWS
Demand increasing for energy efficient homes
Demand for energy efficient homes is on the rise as cost of living pressures are forcing Australians to look for more affordable options.
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Celebrity Homes
Inside Cher’s Malibu Renaissance-style home
Academy Award winning singer and actor is known for her extravagant collection of luxury properties, however, her Italian Renaissance-style bluff-top mansion has always been the one property she prized the most.
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INDUSTRY NEWS
Australia’s most ‘royal’ suburbs revealed
The town of Warragul in eastern Victoria is officially Australia’s “most royal” location, boasting more royal street names than any other suburb or town in Australia.
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INDUSTRY NEWS
Brisbane gets its first $3 million suburb
The inner-city suburb of Teneriffe in Brisbane has officially become the first suburb in the city to top the $3 million median price mark.
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INDUSTRY NEWS
858,000 households have an adult child living at home
The cost of living is surging across Australia and the higher expenses are forcing more people to move back in with their parents.
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INDUSTRY NEWS
Adelaide and Brisbane among the world’s best performed property markets
Adelaide and Brisbane have bucked the national trend and recorded strong house price growth as worldwide prices continue to climb.
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Celebrity Homes
Mindy Kaling’s renovated New York apartment hits the market
Actress, writer and producer Mindy Kaling has listed her apartment in Manhattan and stands to take a loss on the sale.
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INDUSTRY NEWS
Queensland rental supply falls 30 per cent as investors exit market
Surging house prices across Queensland have caused a wave of investor selling, the the number of available rental properties dropping dramatically.
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INDUSTRY NEWS
Australian home buyers prepared to wait for lower prices
Nearly eight in 10 Australians are prepared to wait for house prices to fall further before jumping back into the market, according to new data.
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Celebrity Homes
Ashley Tisdale buys midcentury ranch in the Hollywood Hills
High School Musical star Ashley Tisdale has quietly picked up a midcentury ranch-style residence in the Hollywood Hills.
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INDUSTRY NEWS
The worst is yet to come on interest rates and the economy: Treasurer
Federal Treasurer Jim Chalmers has warned homeowners there will likely be more pain ahead as interest rate rises start to weigh on the economy.
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COMMERCIAL
Luxury retailers expand their Australian presence
Luxury retailers are expanding their bricks and mortar footprint in Australia, with demand for luxury goods well ahead of pre-pandemic levels.
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INDUSTRY NEWS
Adelaide land prices climb north of $200,000 for the first time
Adelaide real estate continues to be among the strongest in the country, with the value of land now surpassing $200,000 for the first time.
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Celebrity Homes
Usher buys Cara Delevingne’s Boho-style Hollywood hills home
London-born model/actress sisters Cara and Poppy Delevingne have quietly offloaded their Hollywood hills home to singer Usher Raymond.
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Celebrity Homes
Ryan Serhant lists world’s tallest penthouse for $250 million
Ryan Serhant is no stranger to selling high-end luxury property, but his latest listing is looking to set records for the most expensive property ever sold in the US.
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INDUSTRY NEWS
First-home buyers quietly returning to the market
Despite rising interest rates, first home buyers appear to have passed “peak pessimism” and are slowing returning to the New Zealand property market, according to new data.
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FEATURE INTERVIEWS
Jane Huxley: The top traits of successful people
A team is only as strong as its weakest player, so it’s critical for businesses to hire the right people to ensure success and longevity.
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COMMERCIAL
Perth industrial and logistics demand on the rise
Demand for industrial and logistics commercial property is rising as Western Australia's economy bounces back from the Covid era, according to new data.
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INDUSTRY NEWS
US home mortgage rates top 6 per cent for the first time since 2008
Mortgage rates in the US have hit their highest level since 2008, as the popular 30-year fixed rate loan has now topped 6 per cent.
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Celebrity Homes
Microsoft co-founder Paul Allen’s $90 million superyacht for sale
If you’ve got a lazy US$90 million to spend, why not take a look at the superyacht Microsoft co-founder Paul Allen owned, and which has been listed for sale in Monaco.
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INDUSTRY NEWS
Big banks tip cash rate to hit 3 per cent
On the back of the latest Reserve Bank of Australia (RBA) cash rate hike, Australia’s major banks are now expecting more pain ahead for borrowers, with another hike of between 0.25 and 0.5 per cent predicted next month.
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Celebrity Homes
Mick Doohan’s luxury Gold Coast estate gaining worldwide attention
Motorcycle world champion Mick Doohan is officially selling his famous Gold Coast estate, which has housed celebrity guests including Brad Pitt and Johnny Depp.
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INDUSTRY NEWS
A scroll through Melbourne’s most popular streets
Outer suburb Melbourne McMansions have dominated Victoria’s buyer interest over the last three years according to realestate.com.au.
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INDUSTRY NEWS
International buyers return to luxury property markets
With travel restrictions continuing to ease by the day, international buyers have returned to hunting for luxury property in many of the world's most exclusive markets.
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