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INDUSTRY NEWS
REIV announces excellence awards
The 2021 Winners of the REIV Awards for Excellence have been announced, with some strong competition across the board.
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INDUSTRY NEWS
Hotel investment surging in regional NSW
It’s been a tough 18 months for the hospitality industry, but with lockdowns set to continue to ease, the outlook once again looks bright especially for regional hotels.
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COMMERCIAL
Outlook for commercial property remains positive despite lockdowns
The outlook for commercial property looks strong as tenants return to offices around the country and ecommerce drives record sales.
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INDUSTRY NEWS
Sydney property prices not in bubble territory
Record-low interest rates have fuelled rapid house price growth around Australia, however, Sydney is not in a housing bubble just yet.
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INDUSTRY NEWS
Rising rents push New Zealanders to buy
Signs that rental growth has accelerated sharply across New Zealand is leading many people to look at buying.
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INDUSTRY NEWS
Strong selling conditions as new listings surge across Australia
Buyer demand for property continues to outstrip supply across the country, however, listings are starting to increase according to new data.
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Celebrity Homes
Schitt’s Creek mansion hits the market
The opulent mansion featured on the hit TV show Schitt’s Creek has hit the market.
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INDUSTRY NEWS
Housing affordability pressures create pain for apartment upgraders
Upgraders are increasingly running into affordability constraints as house prices around the country continue to increase.
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Celebrity Homes
Kanye West’s original bachelor pad for sale
Recording artist, Kanye West's first home in the Hollywood Hills has hit the market, with music lovers keen to see where his journey began.
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INDUSTRY NEWS
The price of swish ski homes continues to rise
Demand for homes in popular ski resorts is rising at a rapid rate all around the world according to a new report.
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INDUSTRY NEWS
Regional property prices continue to climb in Western Australia
House prices across regional Western Australia are continuing to gain momentum after a strong period of growth.
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Celebrity Homes
Cricket legend Don Bradman’s family retreat hits the market
The family retreat of Australian cricket iconic Don Bradman has hit the market in what is already garnering plenty of attention by cricket tragics from around the world.
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FRANCHISE NEWS
Tight market conditions cause settlement dates to blow out
New data from Ray White indicates that the era of short settlements might be coming to an end.
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INDUSTRY NEWS
Queensland named number one property investment location
A new report has highlighted Queensland as Australia’s number one property investment location.
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INDUSTRY NEWS
Record demand for regional NSW property continues
Record real estate activity in many areas of regional NSW, has local agents thinking that there could be more strong house price growth ahead.
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INDUSTRY NEWS
Melbourne maintains $1 million median price as regions boom
House prices across Victoria remain incredibly strong, with the Melbourne median price above $1 million and regional areas growing at a record pace.
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INDUSTRY NEWS
REIQ says rental reforms may hurt property owners
The Real Estate Institute of Queensland (REIQ) is concerned new rental reforms that were introduced this week hurt the rights of property owners.
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INDUSTRY NEWS
Demand for property reaches an all-time high
It appears that nothing can slow down the red hot property market as both demand and transaction numbers continue to skyrocket.
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INDUSTRY NEWS
New Zealand has more agents than homes for sale
The number of real estate agents across New Zealand has continued to grow over the past 12 months and the industry is doing its best to maintain high standards.
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INDUSTRY NEWS
The ‘rightsizing’ boom is putting pressure on luxury supply
Sales of luxury apartments are booming and there are growing concerns that supply is going to get increasingly tight.
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INDUSTRY NEWS
Unit rents rise for the first time since before the pandemic
In what is another positive sign for the property market across the country, units rents have risen for the first time since the onset of COVID.
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Celebrity Homes
Beyonce wears Tiffany diamond in $US42 million mansion
A spectacular Bel Air hilltop contemporary home, where Beyonce filmed the iconic Tiffany commercial is officially on the market.
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INDUSTRY NEWS
Victorian Government boosts build-to-rent scheme
The Victorian Government has announced the build-to-rent scheme has been expanded in a bid to encourage investors to build rental properties.
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INDUSTRY NEWS
The Perth suburbs where units are out performing houses
The Perth housing market has been gradually trending higher over the past 18 months and it now appears that the unit market also gaining momentum
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INDUSTRY NEWS
Property Vulnerability Index reveals NZ regions most at risk of downturn
The New Zealand property market has been one of the strongest in the world recently with house prices increasing 27.8 per cent in the past 12 months. However, the price increases have started to cause some issues with affordability and only last week the Reserve Bank of New Zealand (RBNZ) was the first major central bank to increase official interest…
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INDUSTRY NEWS
How AI is helping agents win listings
Real estate agents are taking up technology at ever increasing rates, recognising the role artificial intelligence and machine learning can play in super-powering their listing ability. In today’s world, technology works in tandem with data. When you have information on house values, auctions, open homes, buyers and sellers, and much more, there’s a lot of facts, stats and information to…
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INDUSTRY NEWS
Office occupancy rates call for CBD recovery
As lockdowns on the East Coast begin to wind back, there have been calls for workers and businesses to return to the hard-hit CBD.
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Real Estate News
Riverbank House invites nature in to win Queensland architecture award
Wilson Architects’ Riverbank House has been awarded the Robin Dods Award for Residential Architecture at the Australian Institute of Architects’ Queensland Architecture Awards. The home is one-of-a-kind and sits on the banks of the Brisbane River in Highgate Hill, four kilometres south of the Brisbane CBD. Riverbank House is an interpretation of the classic Queenslander, a quintessentially Australian style of…
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INDUSTRY NEWS
Expats and international investors stoking the local market
International investors and expats looking to return home to Australia are continuing to show strong interest in many markets across the country and are contributing to upward pressure on house prices.
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INDUSTRY NEWS
WA extends its rent relief scheme
The WA State Government has extended the Residential Rent Relief Grant Scheme (RRRGS) which aims to help tenants facing financial hardship.
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Real Estate News
Profit-making resales jump thanks to hot property market
The number of home owners selling their property at a profit jumped in the March 2021 quarter thanks to the record run for property prices.
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Real Estate News
The hot new search term for homebuyers
The world has changed dramatically over the past 18 months and as a result, the types of homes people are wanting to buy has also seen a dramatic shift. According to realesate.com.au, the most popular search term is now ‘study’, indicating that many people are clearly changing the way they work and live. With lockdowns continuing to wreak havoc in…
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Real Estate News
The world’s largest housing bubbles
Australian housing prices have been on a record run over the past 12 months, however, a new report suggests it’s nowhere near the biggest bubble in the world.
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Celebrity Homes
Frank Sinatra’s mountain retreat returns to the market
The former home of legendary entertainer Frank Sinatra is on the market once again and already there is a flurry of interest in the exquisite desert getaway. The 7.5-acre estate in Palm Desert, California has been on and off the market for a number of years after and the property which is listed at $4.25 million, is already receiving inquiries…
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Real Estate News
137 fines issued as NSW Fair Trading targets real estate compliance
NSW Fair Trading has been out in force in recent weeks, making sure agents are complying with legislation put in place to protect consumers.
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