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The biggest real estate news – The week ending 23 January 2022

By Staff Reporter
21 January 2022 | 10 minute read
Adelaide Sydney Brisbane reb

Appointments, finance concerns from across the ditch, and forecasts of a strong 2022: here are the biggest property and real estate stories from the past week.

Welcome to REB’s weekly round-up of the headline stories that are important not only for the real estate sector but also for the state of property in Australia more broadly.

Here are this week’s biggest stories:

  1. Nationwide search sees CEO appointed at REINT

The Real Estate Institute of the Northern Territory (REINT) has named its new chief executive. 

  1. 5 reasons SA property prices could jump 15% in 2022

As open borders boost demand, one network GM expects South Australia to grow by 15 per cent in 2022.

  1. NZ calls for early review of lender behaviour

The government has called for the Council of Financial Regulators to bring forward a review of lending practices after “conservative” lending practices were flagged.

  1. Ex-CBA head to join growing Highland Group

Commonwealth Bank’s former head of NSW and ACT working capital services will be taking on the role of co-director of sales and leadership at the Sydney agency group.

  1. Auctioneer’s new agency borne of Qld activity boom

After a huge 2021, the former Queensland partner of Cooley is now heading up his own auction agency.

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  1. The best suburbs for property growth – Part 2

Growth is currently forecast for these 15 suburbs in the year ahead.

  1. Brisbane investors shouldn’t bank on Olympics glory

With the 2032 Olympics on the cards, Brisbane has been tipped as one of the country’s hottest spots for investing. But one expert is cautioning prospective investors eyeing a purchase in the Queensland capital not to assume the whole city is gold.

  1. Lender turnarounds lengthening again

Brokers have reported that lenders are at their slowest time to reach an initial credit decision in seven months.

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