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The Latest Breaking News from Domain

Domain Holdings mulls $2.7b takeover offer from US firm

Nasdaq-listed CoStar Group has offered $2.65 billion for Domain, while Mayne Pharma will be acquired by US-based Cosette Pharmaceuticals for $672 million.

AAP

'Year of the unit': cost squeeze drives homebuyer shift

Rising unaffordability and changing lifestyles are driving an unusual turnaround in real estate dynamics as unit prices grow faster than houses in some areas.

AAP

Buyer's market: 2025 to bring relief to home buyers

A major pullback in house price rises has not stopped the market from extending its growth streak to eight consecutive quarters.

AAP

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Where home prices are expected to grow fastest in 2025

Australian property values are set to keep rising over the next 12 months but controversial tax changes are helping keep one state's home price growth in check.

AAP

The Block’s Jesse & Paige Reveal On IG They Eloped In Paris After Calling Off Their Wedding

Congrats...?

Pedestrian.tv

NSW housing minister defends ‘garbled’ radio remarks on cost of renting in Sydney

Rose Jackson says answer given during ‘hard’ live ABC radio interview pertained to what she thought people should pay, not what they paid on average

The Guardian - AU

Real estate listing gaffe exposes widespread use of AI in Australian industry – and potential risks

Industry expert says technology is already so advanced it is ‘almost science fiction’ and ‘ethical questions need to be asked’

The Guardian - AU

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'Everything points to a slowdown': property loses heat

House and unit prices may have found new record highs but interest rate cautiousness has tempered the pace of growth.

AAP

Australia’s steepest and longest rental surge in history may be nearing end, figures show

Annual growth is at multi-year lows in Sydney, Melbourne, Brisbane, Perth and Adelaide, suggesting the stretch of rent rises may have peaked, Domain says

The Guardian - AU

‘The bear at the door’: estate agents say they fear speaking out about realestate.com.au ‘price gouging’

Multiple agents have told the Guardian that the News Corp-controlled property portal’s dominance has allowed it to quiet critics and aggressively hike prices

The Guardian - AU

The ‘symbiotic relationship’ that makes selling a house in Australia so damn expensive

Dimitri Chrisis thought he would save money by ditching his real estate agent, but instead it meant the advertising campaign on his suburban home would cost thousands more

The Guardian - AU

Nine executives’ bonuses take a hit as profits plummet 31% in soft ad market

Drop in revenue in broadcasting and publishing partly offset by increase in income from Stan and Domain

The Guardian - AU

Gen X, older millennials ride housing boom to the bank

Older millennials and generation X are among the biggest winners from Australia's real estate boom as profits from sales hit their highest level in 10 years.

AAP

Queensland real estate market set to rebound: Domain

Domain CEO Jason Pellegrino says Queensland's property market has shown signs of accelerating after a poor showing in 2023/24.

AAP

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AAP

Renter relief finally hits with more cooling in sight

After months of fast-rising rents, momentum is starting to tip in favour of tenants as more homes become available.

AAP

Australian house prices expected to spike again

Australian home prices are set to hit new heights as population growth, construction challenges and borrowing power hits the market.

Pedestrian.tv

How Much Rents Skyrocketed In Australian Capital Cities In The First Quarter Of 2024, Revealed

Here's how much the median rent for a house and apartment is in every capital city in Australia after the first quarter of 2024.

Newcastle Herald

Next steps in building real estate superstore

A number of key appointments have been made to the growing business.

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The Guardian - AU

Afternoon Update: new search for Samantha Murphy; devastating Great Barrier Reef damage; and when parents are bad sports

Search in Enfield state park, 25km south of Ballarat, follows new intelligence ‘derived from a number of sources’, police say

AAP

Denser suburbs leads to better housing affordability

Housing affordability could be worse without the reduction of land sizes across Australian capital cities, new research shows.

The Guardian - AU

Fire situation ‘will get worse before it gets better’ – as it happened

This blog is now closed.

AAP

More first-time buyers facing mortgage stress

Higher interest rates are a double-edged sword for wannabe home buyers - shortening the time to save for a deposit but pushing up mortgage repayments.

AAP

Record Australian rent price streak finally over

The average asking price for renting a house in Australia's capital cities has remained steady after almost three years of consecutive growth.

Pedestrian.tv

Here’s What To Expect From The Rental Market In 2024, According To An Intriguing New Report

Hope is on the horizon for renters in 2024 as rent increases look to be slowing down, but genuine relief is still a long way off.

Pedestrian.tv

A $55k Falling Down Shack In Victoria Was One Of Australia’s Most Viewed Properties In 2023

One of the most clicked on "bargain" house listing in Victoria in 2023 was a run down hovel in Beulah, and if that doesn't sum up the housing market I don't know what does.

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