Search Results for: Michelle Ciesielski
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INDUSTRY NEWS
Sydney super prime sales buck the worldwide trend
Rising interest rates have been slowing down the super prime market around the world, however, Sydney has bucked the trend and seen sales rise according to a new report.
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INDUSTRY NEWS
Sydney leads global cities in luxury rental growth
Sydney has recorded the highest luxury residential rental growth of 10 global cities measured by Knight Frank in its Prime Global Rental Index (PGRI).
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INDUSTRY NEWS
Sydney’s luxury rental growth surges 13.1 per cent
Demand for Sydney luxury property has continued to surge with new data showing that rents have increased 13.1 per cent over 12 months.
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INDUSTRY NEWS
Art the leading luxury investment, not real estate
Art has topped the list of best-performing luxury investment class ahead of other popular categories including watches, jewellery and coins.
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INDUSTRY NEWS
Sydney’s prime rental market hits new heights
A chronic undersupply of existing rental stock and low construction volumes have fuelled a surge in Sydney’s prime rents, with the city jumping to third on a global list measuring luxury residential rental growth.
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INDUSTRY NEWS
Sydney ranks 6th for luxury property rental growth
Prime rents in Sydney surged 6.7 per cent in 2022, placing the city at number six on the list of luxury property markets.
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INDUSTRY NEWS
Sydney beats out Geneva, Paris for super prime sales
Sydney ultra high-end market has proven relatively resilient to economic headwinds, according to new research from Knight Frank.
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INDUSTRY NEWS
Prime residential price growth to slow in 2023
Prime residential property prices in Sydney and Melbourne are expected to remain flat next year, after performing well in 2022, according to a new report.
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INDUSTRY NEWS
Sydney properties top the international waterfront index
Luxury waterfront properties in Sydney command the highest premiums in the world, with the Harbour City taking out top spot in this year’s international waterfront index.
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NEWS
Sydney in top 10 for prime residential rent growth
Sydney has ranked fifth on a global list of cities with the highest annual rise in prime residential rents.
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INDUSTRY NEWS
Australian house prices grow at the fastest rate in the world
Australia has taken top spot as the country with the highest rate of annual price growth in 2021.
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Elite Agent
What International Women’s Day means to me
International Women's Day means different things to different people. For some women it is a celebration of all women have achieved, while for others it is a time to focus on future goals and what still needs to be done.
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INDUSTRY NEWS
Byron Bay luxury property forecast to grow 35 per cent by 2027
The huge increase in demand for luxury homes by ultra-high-net-worth individuals (UHNWI) could see prices in Byron Bay continue to surge higher.
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INDUSTRY NEWS
The prime real estate position Australians are willing to pay top dollar for
One in three super prime residential sales in Australia over the last year have been absolute waterfronts, with buyers paying greater premiums than ever before.
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INDUSTRY NEWS
The Australian city second in the world for prime price growth
Sydney’s prime prices are expected to rise by 9 per cent next year, according to new data, making it the second highest city for prime price growth in 2022.
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INDUSTRY NEWS
The ‘rightsizing’ boom is putting pressure on luxury supply
Sales of luxury apartments are booming and there are growing concerns that supply is going to get increasingly tight.
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INDUSTRY NEWS
Sydney’s luxury property market is number one in the world
Sydney’s luxury residential market is tipped to rise 10 per cent this year, according to Domain. This rise will make Sydney the world’s leading city for luxury property growth, as noted in Knight Frank’s Prime Global Forecast report. It’s a huge jump from last year’s 2021 forecast. In May last year, there was a forecast of just 1 per cent…
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INDUSTRY NEWS
Major global cities see house prices rising at the fastest rate since 2007
Darwin, Canberra and Hobart house prices are rising at the fastest rate since 2007, says Knight Frank Global.
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NEWS
Australia’s residential development market falls to a seven-year low
Just $4 billion of total residential site sales were recorded in 2020. It was well below the 2014 peak of $11.3 billion, according to Knight Frank’s Australian Residential Development Review 2021. The review also found the national apartment pipeline will drop over the next three years, with just 86,400 new apartments planned across Sydney, Melbourne, Brisbane, the Gold Coast and…
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NEWS
House prices in Australia and New Zealand growing at record pace
House prices across the planet are growing at a rapid rate, with both Australia and New Zealand some of the best performers in the last 12 months.
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NEWS
Perth prestige property prices power ahead
Knight Frank has released its Prime Global Cities Index for the first quarter of 2021, which shows prime residential property prices are rising across the globe - and Australia is no exception.
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Elite Agent
Net gains as Knight Frank study finds Aussies feeling the love for ace properties with tennis courts
Anyone for tennis? Judging by the results of new research by Knight Frank, the answer is a resounding yes, with the market rallying when it came to the sale of super-prime residential properties with tennis courts in 2020.
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Elite Agent
Stay remote but come in to collaborate: Knight Frank’s 10 predictions for 2021
Global residential and commercial property consultancy Knight Frank has just released its Top 10 predictions for Australia’s Property Market in 2021, with the pandemic set to reshape the future of business premises. With more employees working remotely, a shift is forecast where facilities will be less about individuals and more about coming together. “Physical offices will be increasingly grounded in…
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Elite Agent
Sydney’s prestige property market to soar in 2021: Knight Frank
Sydney’s prestige residential price growth forecast higher than global average: Knight Frank has released its Prime Global Forecast 2021, in which analysts have provided their prime price forecasts for 22 cities around the globe in 2021, as well as assessing future market drivers and risks • Sydney’s prime residential market…
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NEWS
Auckland is the global leader in luxury property price growth
Sydney, Perth and the Gold Coast have aslo ranked upon the top cities in the world for luxury residential price growth.
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NEWS
The pandemic has changed what buyers want, and developers are following suit
The pandemic has changed how and where people want to live, and what features they are now looking for in a house.
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Elite Agent
Australia hits Top 20 in Global Home Price Index
Australia has ranked 19th in the world for house price growth for the year to June 2020, according to the Knight Frank Global House Price Index Q2 2020. The index tracks the movement in mainstream residential pricesacross more than 50 countries and territories worldwide using official statistics. It showed Australia’s house prices grew 6.1 per cent over the year to…
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NEWS
Australian expats looking to buy ‘back home’ in the luxury market
Australian expats are increasingly looking to purchase property ‘back home’ as the impact of Covid-19 unfolds, and many of those are looking to buy at the higher end of the residential market, according to a Knight Frank survey. The survey, carried out amongst Knight Frank’s global network of prime agents, found 64 per cent said the lockdown had influenced expats’…
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NEWS
Melbourne and Sydney dominate luxury price growth
Luxury residential price growth in Australia is highest in Sydney and Melbourne, according to the results of the Prime International Residential Index (PIRI 100) in Knight Frank’s The Wealth Report 2020, released today. The PIRI 100, which tracks the movement of luxury residential prices in 100 cities and second home markets globally between December 2018…
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NEWS
Rightsizing: the downsizing trend toward luxury apartment living
Demand for rightsizing – the downsizing lifestyle trend towards luxury apartment living – is strong in Australia, according to the latest research from Knight Frank. The Knight Frank Rightsizing – Australian Prime Residential Insight 2020 report found buyers are looking for low-maintenance properties, but with house-like proportions and great amenities. In essence, they are looking for luxury apartments with at least three…
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NEWS
Prime waterfront properties command 63 per cent premium
Prime absolute waterfront properties in Australia are worth up to 63% more than their inland counterparts on average, according to Knight Frank’s latest Australian Prime Waterfront Index. The Index, which measures how much uplift value an absolute waterfront location can add to a property, found the premium was the greatest in Sydney, with up to 94.9%…
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Elite Agent
Five Australian cities among world’s best for luxury residential price growth
Five Australian cities have ranked in the top 30 cities around the world for luxury residential price growth, according to the latest global research from Knight Frank. The Knight Frank Prime Global Cities Index – Q3 2019, which tracks the movement in prime residential prices across 45 cities worldwide, revealed Sydney was ranked 17 for luxury price growth, followed by Melbourne…
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NEWS
What US$1 million buys you around the world: Knight Frank
The Wealth Report 2019, released this week by Knight Frank, reveals how much US$1 million can buy in prime cities around the world. The aim of the report is to approximate values for luxury properties globally, the study compares how many square metres of luxury internal floor space can be purchased with US$1 million as at 31 December 2018. Monaco…
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INDUSTRY NEWS
Australia’s prestige market remains resilient in the face of tougher conditions
Three Australian cities sit in the top 20 of the Knight Frank Prime Global Cities Index, showing the prestige market is still performing strongly. The report from Q2 2018, which tracks the progress of 43 cities worldwide, shows Sydney, Melbourne and Brisbane are still keeping up with growth elsewhere, coming in as 15th, 17th and 20th respectively. Perth also showed…
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