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Real Estate and Property Market News
The latest real estate and property market news from our team of real estate industry leading professionals
Melbourne Auctions Bounce Back, Sydney Sees Labor Day Slowdown -Friday, 4 October 2024
Auction volumes are expected to remain relatively low this week in Australia's capital cities due to long weekends in New South Wales, Australian Capital Territory, South Australia, and Queensland.
Belle Property Expands into Lower Blue Mountains with Award-Winning Team -Friday, 4 October 2024
Belle Property has made a significant move into the Lower Blue Mountains, opening a new office under the leadership of renowned principal duo Kate Spence and Chris Rayner.
Home Hunt Hero? New Report Unveils Australia's Most Affordable Property Pockets! -Tuesday, 23 April 2024
Despite skyrocketing house prices, there's still hope for first-time buyers! A new report reveals hidden gems – the cheapest property pockets across Australia.
Building Bonanza Fizzles: Developers Flee as Housing Costs Skyrocket -Wednesday, 10 April 2024
Fairfield City Mayor Frank Carbone told Sky News Australia the dream of homeownership is fading for many as developers find themselves priced out of the game.
Millennials overtake Gen X as Australia's Property Kings (and Queens) -Wednesday, 10 April 2024
Millennials (born between 1981 and 1996) now make up the largest share of new property investors, accounting for a whopping 46% in 2023. This surpasses Gen X (1965-1980) who came in second at 37%.
Coordinated Effort Key to Solving Australia's Housing Crisis -Tuesday, 19 March 2024
Urban Development Institute of Australia President Col Dutton argues that greater cooperation between the federal and state governments is the key to tackling Australia's housing crisis.
Housing Minister Claims NSW Isn't Getting "Fair Go" on Funding -Tuesday, 19 March 2024
Minister Jackson pointed to both the Goods and Services Tax (GST) and recent cuts to infrastructure funding as evidence that NSW isn't receiving its fair share of federal resources.
Sydney and Melbourne Housing Market Heats Up: Auction Clearance Rates Sizzle Above 60% -Thursday, 7 March 2024
The Australian property market is showing no signs of slowing down in 2024, with auction clearance rates remaining "very strong" according to REA Group Senior Economist Paul Ryan.
Young Aussies Feeling Hopeless: Will Labor Deliver the Key to Their Dream Home? -Thursday, 7 March 2024
According to Deputy Opposition Leader Susan Ley, the rising cost of living combined with a lack of clear housing policy from Labour is creating a sense of hopelessness among young Australians.
Housing Market Heats Up: Prices Rise Despite Interest Rate Hike -Sunday, 3 March 2024
Australia's housing market defied expectations, with prices creeping up again in February. CoreLogic's national home value index showed a 0.6% increase, marking the strongest monthly gain since October 2023.
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