The REA Group delivered strong yield growth in Q1 2026, with revenue rising 4% year over year.
Overall revenue grew from A$413 million the same time last year ot $429 million and EBITDA grew 5% to $254 million.
This was driven by a 6% increase in Australian revenue to $405 million, despite residential listings declining by 8%.
Residential revenue alone grew by 4% year-over-year, coming at a time when housing prices continue to grow at a rapid pace.
Commercial revenue also grew and was driven by an average 7% price rise, increased depth penetration and slightly lower listings.
Financial services had an especially strong quarter, benefiting from a 16% increase in settlements, partly offset by increased broker payouts.
realestate.com.au also delivered record audience numbers with 12.6 million people visiting each month on average and 6.7 million exclusively using the site.
The site also reported a 10% increase in active members year-over-year.
Despite the positive Australian numbers, REA India’s revenue fell 20% from the same time last year.
In its FY26 outlook, the company said the Australian residential market remains healthy with strong buyer demand nationally, continued house price growth and improved supply in Melbourne and Sydney, supporting strong new listing activity despite limited stock in other cities.
“Our focus remains on delivering the greatest value in the market for our customers, and REA is well positioned with the financial strength, momentum and expertise to deliver the next generation of products and experiences,” said REA CEO Cameron McIntyre.
