Business · Markets · 3 hrs ago

REA Group shares fell about 30% in a year as analysts see room to rise

REA Group shares fell about 30% in a year as analysts see room to rise

REA Group, an Australian property listings company, runs realestate.com.au and realcommercial.com.au.

Its shares fell about 30% over the past year, amid volatility and pressure from higher interest rates and tax changes affecting investment properties.

The company says realestate.com.au had far more monthly visits than its nearest rival in FY26, helping it attract buyers and property advertisers.

In FY26, REA Group’s core revenue rose 7%, while core net profit increased 15%.

For FY27, it expects national new residential buy listings to be flat or down by a low single-digit percentage, while seeking to grow revenue from advertising products and price increases.

CMC Invest data cited in the story shows an average analyst price target of $187.40, about 20% above the current share price.

That is an estimate, not a guaranteed return, and the company’s outlook depends in part on property market conditions and its ability to increase revenue.

Sources

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