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The biggest real estate news – the week ending 14 April 2024

By Orana Durney-Benson
12 April 2024 | 10 minute read
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Cash rate cynicism, Bluey makes a cameo, and a dodgy Melbourne director prepares for court.

Welcome to REB’s weekly round-up of headline stories that are important to both the real estate sector and the state of the Australian property market.

To compile this list, we consider the week’s most-read stories and the news that matters to you, collating your need-to-know property report from across our site and sister brands. Here are the biggest stories of the week:

  1. Melbourne director faces permanent industry ban

A Springvale agent’s alleged misuse of rental bond money could see him disqualified from holding a real estate licence.

  1. Rental application system ‘broken, convoluted’

The race to “streamline” rental applications has left the vast majority of Australian renters in the dust.

  1. Home prices to delay 2024 cash rate cuts: Bank economist

An economic update from Bendigo Bank’s chief economist, David Robertson, forecasts housing to be a major factor forcing the Reserve Bank of Australia to push rate cuts to 2025.

  1. Consumers warned to avoid Southeast Queensland builder

A public warning has been issued about a tradie alleged to have “ripped off” a number of customers.

  1. Australia’s most iconic home is up for sale

Bluey’s moving house? Real estate is suddenly at the centre of Australia’s most beloved show, and fans aren’t sure how to feel.

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  1. 5 factors to decide if now is the time to sell your property

Amid interest rates remaining on hold, settling clearance rates and fewer properties coming to market, it is imperative to consider what time is right to sell.

  1. New loan commitments rebound: ABS

The value of new loan commitments has recovered after back-to-back declines, the ABS has shown.

  1. How have low building approvals impacted construction financing?

Weak dwelling approvals have presented several hurdles for the construction financing industry.

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