Latest Real Estate & Property Market News

MELBOURNE, AUSTRALIA - APRIL 19: Ben Peters, who has been saving for a decade to purchase a house, poses for a photo in Montmorency on April 19, 2017 in Melbourne, Australia. The median house price for Melbourne is now $843,000. (Photo by Stefan Postles/Fairfax Media)

Christina Zhou | 4 hours ago

Melbourne’s median house price soars to $843,674 in March quarter: Domain Group

Ben Peters has been saving for 10 years to buy his first home. But he is continually disheartened by soaring house prices that keep his dream of home ownership out of reach.

Built in 1981, Collins Place comprises two office buildings and a shopping mall in between.

Jenny Brown | 4 hours ago

Melbourne skyline: Landmark buildings designed by internationally renowned architects

In plain sight, and mostly concentrated in Melbourne’s CBD, are buildings whose creative provenance attaches to some of the greatest modern international architects.

Changes in attitude – and policy – are pushing more people into the off-the-plan apartment market.

Nicole Frost | 4 hours ago

For the first time in Australia, more apartments built than houses, ABS data shows

The recent data from the ABS on Australian Building Approvals has brought with it a new development (no pun intended).

House prices in Brisbane fell slightly for the March quarter, but economists say it's just a small bump in the road.

Jim Malo | 4 hours ago

Brisbane house prices fall: Largest quarterly drop since 2011

Brisbane house prices are growing at their slowest rate since 2013 but it’s typical for Queensland’s capital, where buyers often start the year in “snooze mode”.

Canberra's median house price has hit a record high, while unit prices have fallen.

Emma Kelly, Rachel Packham | 4 hours ago

Canberra’s median house price surpasses $700,000 for first time: Domain report

Canberra’s median house price has surpassed $700,000 for the first time, according to the latest Domain Group report.

An inquiry into holiday letting legislation was launched almost two years ago after Airbnb hosts were threatened with huge local council fines for running unauthorised businesses in their homes.

Jimmy Thomson | 10 hours ago

NSW government steps back from parliamentary report into Airbnb-type rentals

Airbnb watchers were left hanging on Wednesday when long-anticipated proposals for new legislation on short-term holiday lets were put on hold by the NSW government.