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INDUSTRY NEWS
Homeowners should expect more rate rises
Homeowners should be prepared for a series of rate hikes with experts tipping the official cash rate could rise to 2.6 per cent.
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Celebrity Homes
Gianni Versace’s former NY townhouse listed for $70 million
The former luxury New York townhouse of Gianni Versace has hit the market with an asking price of US$70 million.
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INDUSTRY NEWS
Robust Queensland market to shake off rate rise
The Queensland property market is well positioned to handle this week's cash rate increase from the RBA according to the Real Estate Institute of Queensland (REIQ).
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Celebrity Homes
Inside Johnny Depp’s collection of LA penthouses
Johnny Depp might currently be making headlines for a whole host of other reasons, but his collection of unique LA penthouses are also sparking plenty of interest.
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INDUSTRY NEWS
NZ property market prices softened in April
The New Zealand property market has recorded a modest fall in April, the first decline since the initial COVID-enforced lockdown in August 2020.
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INDUSTRY NEWS
Perth prices continue to increase in April
The Perth property market has continued to see an uptick in prices since reopening its borders in February.
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Celebrity Homes
Kath and Kim’s home to be demolished
The famous “Fountain Lakes” house used in Kath & Kim is being demolished in a sad day for fans of the iconic Australian TV series.
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INDUSTRY NEWS
Vacancy rates remain at record low levels
The national vacancy rate remains at a record low 1 per cent with all capital cities continuing to operate in a “landlords’ market” according to a new report.
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INDUSTRY NEWS
WA the most affordable for first home buyers
Perth has been named the most affordable capital city for first home buyers, with regional Western Australia taking the title of most affordable area in the country, according to a new report.
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INDUSTRY NEWS
Labor looks to cut the cost of a mortgage by up to $380K
The Labor Party has announced its intentions to introduce a new shared-equity housing scheme that could help shave up to $380,000 off the cost of a home.
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INDUSTRY NEWS
Rising CPI suggests more affordability worries ahead
The highest inflation in 30 years suggests housing affordability is going to continue to decline, according to an industry body.
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INDUSTRY NEWS
Home prices stalled in April as rate hikes loom
Property prices stalled nationally last month with values seeing their smallest increase since May 2020 and the onset of the pandemic, according to new data.
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INDUSTRY NEWS
Economists predict rate rises are coming before August
Economists believe the RBA is getting set to hike the official cash rate (OCR) with 84 per cent believing a rise is coming before August.
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INDUSTRY NEWS
Queensland vacancy rates hit record low levels
Vacancy rates across Queensland have dropped dramatically with several areas recording rates under 0.1 per cent.
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INDUSTRY NEWS
Record inflation to keep pressure on households
The latest CPI figures shows inflation has risen to 5.1 per cent, putting increased pressure on mortgage holders and households according to experts.
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INDUSTRY NEWS
Three of the big four banks predict a May rate hike
The big four banks continue to bring forward their cash rate rise predictions, with three of the majors now forecasting the official cash rate (OCR) will increase next week, with more hikes “imminent”.
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Celebrity Homes
Betty White’s California homes are hot property
Actress Betty White’s two LA properties have hit the market with one already sold.
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INDUSTRY NEWS
Property boom losing momentum – Sydney price growth ‘flatlining’
The rate of property price growth in Australia has dropped dramatically in the first three months of the year, new data reveals.
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Celebrity Homes
Pop king Robbie Williams buys Fannie Brice mansion
Musical superstar Robbie Williams has added a new purchase to his property portfolio having paid US$49.5 million for the former home of American comedienne, singer, theatre and film actress Fannie Brice.
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INDUSTRY NEWS
Slowdown arrives for New Zealand’s hot property market
New Zealand’s overheated property market looks to be slowing down thanks to rising interest rates and lower demand according to a new report.
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Celebrity Homes
Elle selling her Coral Gables house
Supermodel Elle Macpherson has listed her Coral Gables house, set on 1.71 acres in the exclusive gated community of Journeys End Estates for US$29 million.
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INDUSTRY NEWS
Victoria most affordable for average income earners
Victoria dominates the list of most affordable properties for buyers on average salaries, according to new research.
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INDUSTRY NEWS
Inside Australia’s home of the year
JW Constructions in Queensland has won the HIA-CSR Australian Home of the Year award for a beautifully designed home that showcases open-plan living at its best.
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INDUSTRY NEWS
Geelong leads pandemic population surge
Geelong saw the largest population increase during the pandemic as homebuyers sought out more space and an escape from the city.
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INDUSTRY NEWS
Sentiment remains high despite softening property prices
Confidence in the real estate market remains high despite slowing growth in property prices, according to a new survey.
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Celebrity Homes
Madonna lists her Hidden Hills mansion
Yet another celebrity is leaving the exclusive enclave of Hidden Hills in Los Angeles with Madonna listing her luxury estate for US$25.995 million.
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Celebrity Homes
You can now stay in the childhood home of the Beatle’s George Harrison
Beatles fans can get an insight into one of music’s most famous names with the childhood home of lead guitarist George Harrison available for overnight stays.
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INDUSTRY NEWS
Foreign investment in Australian commercial property doubles
Foreign buyers continue to be active in both buying and selling Australian commercial assets according to a leading expert.
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INDUSTRY NEWS
Perth’s bargain suburbs under $375,000
Despite Perth seeing a strong 12 months of property price growth, it’s still possible to find bargain buys close to the CBD according to REIWA.
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INDUSTRY NEWS
What’s driving the housing markets: HTW
Demand for residential property remains strong, however, the rate of growth is slowing according to the latest Herron Todd White (HTW) Month in Review.
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Celebrity Homes
Emma Stone buys Texas estate
Actress Emma Stone looks to be relocating from LA to the increasingly popular city of Austin Texas.
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INDUSTRY NEWS
First Home Guarantee Scheme might not help all first-time buyers
While the First Home Guarantee Scheme has been expanded to help more first home buyers enter the property market, a leading expert believes many purchasers will not be in a position to access the increased financial caps.
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INDUSTRY NEWS
How property can help Australia become prosperous again
The Property Council of Australia is calling on the next Federal Government to adopt a range of property-related initiatives to help the country 'make the most of the 2020s' and return to prosperity.
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INDUSTRY NEWS
Investor lending reaches record high
Lending to investors has hit a record high level, outpacing the last two property booms.
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Celebrity Homes
Zedd relists discounted Beverly Hills mansion for $23 million
DJ Anton Zaslavski, better known as Zedd, has relisted his Beverly Hills mansion for US$23 million - US$3.5 million less than he was asking last year.
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