REA Group FY 2025: Bumper Year Sees 15% Revenue Growth and 23% Net Profit Growth

REA Group, led by its flagship site realestate.com.au, recorded double-digit growth in revenue and EBITDA as the Group hailed several record-breaking milestones in its annual report for the 2025 financial year.

Highlights include:

• Revenues hit A$1.67 billion, up 15% YoY (of which $1.56 billion (93%) was from property and online advertising)
• EBITDA hit A$969.2 million, up 18% YoY
• Net profit reached A$554.9 million, up 23% YoY
• REA India revenues hit A$129 million, up 25% YoY
• FY25 cash balance was A$429 million
• The Group divested its 17.2% stake in PropertyGuru Group
• Record achievements in web visits, property tracking and employee engagement

REA Group is one of a handful of global powerhouses when it comes to real estate marketplaces, with the Group's flagship portal realestate.com.au contributing over 90% of total revenues for the full year.

Residential revenues were up 16% for the year, Commercial and Developer revenues were up 10%, Financial Services were up 10% and Other revenues were up 8%. Share prices jumped 8.6% to A$258.37 on the morning after the company released its results.

Owen Wilson, who will step down as Group CEO this year, said:

"I’m so pleased to share this annual report with our shareholders, my last as REA Group’s CEO.

"With a consistent focus on investing in talent, technology, customer products and consumer experiences, REA capitalised on the healthy property market conditions in FY25 to deliver an excellent financial and operational performance. Interest rate cuts in the second half of the year supported seller confidence and buyer demand, while national house prices finished the year at a new peak. Demonstrating the health of the market, listings remained in line with the exceptionally strong comparables of the prior year.

Wilson's replacement is expected to be announced in the next month. As things stand, the three-person shortlist appears to be down to one, with Damien Eales and Melina Cruikshank reportedly reluctant to take the role, leaving Autotrader's Nathan Coe as the only named frontrunner.

Launched in 1995, realestate.com.au turned 30 this year, achieving a record 12.1 million average monthly visits for the year.

The portal accelerated its traffic leadership over rival portal Domain in the past year to more than five million extra visitors per month, and 6.4 million exclusive visitors per month. The portal's home tracking product, realEstimate, saw a record 4.5 million properties tracked by their owner, a 20% increase YoY.

Realestate.com.au also saw its Premiere+ product deliver 18% more views and 20% more enquiries for properties, and they sold 12 days faster. The luxury package Luxe received 2x as many views as Premiere+ listings, and 71% more high-value consumer actions.

In the Middle East, REA India grew revenues nicely to $129 million in the past 12 months, led by Housing.com. Revenues in the core property and advertising business increased by 7% YoY.

REA India divested from its secondary portal, PropTiger, to Aurum Proptech this year as it streamlined its focus on Housing.com.

REA India is heavily focused on an app-first experience as smartphone penetration grows nationwide, and the Housing.com app became the app sessions leader this year, ahead of No Broker. Housing.com also remains a traffic leader for the web, ahead of 99Acres.

The Group's investment strategy in the past 12 months is particularly interesting: increasing its stake in 3D digital twin platform IMMERSIV, taking a circa 10% stake in the AI property search platform Jitty, agreeing to take a minority stake in the rural property and environmental data platform Agtuary, and a partnership with the environmental data mapping experts Ambient Maps.

Realestate.com.au has consistently released industry-leading features and products, including the launch of a suite of five features this week, while the Group's annual report said it has leveraged AI and machine learning models for over a decade, accelerating its investment in FY25 with the launch of its multi-phase AI-led next-generation listings initiative.

Continued price hikes drove revenue growth for the year. Indeed, ongoing controversies surrounding REA Group's vice grip on the Australian market see the Group currently being investigated by the Australian Competition and Consumer Commission for alleged abusive pricing practices.

REA Group will have its market leadership challenged imminently with the arrival of CoStar Group, which is in the closing stages of the acquisition of Domain after its shareholders overwhelmingly approved the takeover earlier this week.