A section of the El Caballo equine resort near Perth was sold at a $4.5 million loss, three years after being acquired for $12 million as part of an initiative to address homelessness within WA's Noongar community. The acquisition was financed by the Noongar Charitable Trust, created by the South West Aboriginal Land and Sea Council, with an additional $1.5 million invested in renovations to convert the resort into habitable social housing.

In real estate, visuals are everything. With the surge of artificial intelligence (AI), stunning photos are easier to achieve than ever before. However, as these images become more polished, a critical question emerges: Are they too good to be true? While AI enhances photos in impressive ways, real estate agents need to be cautious not to mislead potential buyers. Let’s look at the implications of using AI in real estate photography and why staying true to reality is vital.

From now on, Queensland’s new Seller Disclosure regime is officially in force, requiring a completed Form 2 Seller Disclosure Statement to be provided before property contracts can be signed. The change affects every residential, commercial and rural transaction under $10 million state-wide, and agents and sellers alike are scrambling to stay compliant.