Skyrocketing housing demand at a time of critical undersupply has prompted the Real Estate Institute of NSW (REINSW) to call for an “immediate and expeditious Inquiry” followed by a “brutal action plan”, for Government and industry to work together to build the many thousands of homes needed in the state to stop the housing catastrophe.

34 Carabella Street Kirribilli for sale by David Gillan and Ben Markos of Ray White Lower North Shore Group is on the market for the first time in over 20 years.

The REIQ says the Albanese Government’s announcement that housing ministers will develop a plan to strengthen renters’ rights nation-wide later this year, is yet another swipe at property investor confidence in a State still reeling from relentless rental reforms.

The Agency Group Australia (ASX:AU1) accelerate its growth to 650 professionals nationally, with the entire sales and property management divisions of Devine Real Estate joining The Agency network, led by Steven Devine, Fayez Yammine and Aaron Papadimatos.