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The Latest Breaking News from Domain

'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

See inside Anthony Albanese’s $4.3m beach house on New South Wales’ Central Coast

The Prime Minister has good taste.

Home Beautiful

The eye-watering numbers that paint a picture of a journalism industry propped up by real estate cash

Last week Nine’s Domain became worth more than its parent company. What other numbers stand out in the relationships between the media and real estate industries?

Crikey

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read the most diverse news in one place.

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

From News Corp to Nine, journalism is compromised by real estate. Time to let it go

Real estate is one of traditional media’s few remaining lucrative advertising sectors. But now they’re looking for the exit.

Crikey

‘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

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The Bachelor Mansion Is Up For Sale, So You Can Have A Peek Inside

One can dream, right?

Marie Claire - 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

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.

AAP

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.

Pedestrian.tv

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Newcastle Herald

Next steps in building real estate superstore

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

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

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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.

Pedestrian.tv

These Suburbs Are The Best To Find A Rental In Amid Low Availability And Record Competition

Renters in Melbourne City are likely to come out of the impeding changeover season unscathed with the highest vacancy rate in Australia.

AAP

Better month for home approvals but new building soft

The outlook for new home building is looking lacklustre as delays, high costs and interest rate hikes make it difficult to get new projects off the ground.

AAP

Renters hit affordability limit as pace of growth eases

Australian renters are getting closer to the maximum they can afford, with as many as 70,000 rentals needed to bring the market into a healthier balance.

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