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The biggest real estate news – the week ending 1 December 2024

By Staff Reporter
29 November 2024 | 5 minute read
Hot property TA

The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 1 December.

To compile this list, not only do we consider the week’s most-read stories and the news that matter most to you, but we also curate it to include stories from our sister brands that also have an impact on the Australian property landscape.

Here are the biggest property stories of the week:

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1. Help to Buy officially passes Parliament

The House has approved the amendments to the government’s shared equity scheme and rubber stamped the bill.

2. ‘No longer downtime’: Inside one network’s big Boxing Day plans

This holiday season, a real estate network will break from tradition by bucking industry trends and betting big on Boxing Day listings.

3. REB Awards finalists revealed for 2025

The REB Awards are back for the 12th consecutive year to celebrate the best of the best in real estate sales and property management, hosted in support by principal partner Commonwealth Bank of Australia.

4. New rules and fines for substandard rentals introduced in Victorian reforms

The state is set to introduce sweeping reforms which aim to “ensure renters get more respect”, including a stricter rental review process and the introduction of maximum penalties for non-compliance with minimum standards.

5. Housing witnesses subdued inflation

The housing market may finally be seeing some easing of pressure as yearly inflation saw minimal growth.

6. APRA leaves serviceability buffer unchanged

The regulator has cited ongoing uncertainty in the economic outlook as a reason behind its decision.

7. APRA slammed for ‘nonsensical’ decision to retain 3% buffer

The FBAA has called for government intervention over APRA’s “nonsensical” decision to keep the serviceability buffer at 3 per cent.

8. Sydney’s top 10 high-growth suburbs in 2025

Whether you are looking for high-end living or more budget-conscious dwellings, these 10 suburbs offer choices for all tastes and budgets.

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