Search Results for: nicola powell
-
THE ELEVATE PODCAST
The 2020 property market in perspective: Dr Nicola Powell
In this episode of the Elevate Podcast, Domain senior research analyst, Dr Nicola Powell shares her expert insight into the 2020 property market.
Read More » -
INDUSTRY NEWS
Time to save a deposit drops for first-home buyers
The time taken to save a deposit to purchase an entry-level first home has dropped by as much as 13 months according to new figures from Domain.
Read More » -
INDUSTRY NEWS
Foreign investment is down, but for how long?
Foreign investment in Australian real estate fell over the last quarter, but a recent uptick in enquiries from Chinese buyers suggests the downturn will be short lived.
Read More » -
INDUSTRY NEWS
House prices: why this key figure is more important than mortgage rates
Population growth has a far bigger impact on property prices than mortgage rates, according to a new report from Domain.
Read More » -
INDUSTRY NEWS
Domain sees spike in rental demand coming from China
New figures from Domain show Australia's vacancy rate remained stubbornly low during February, with the company reporting a spike in rental search traffic from China.
Read More » -
INDUSTRY NEWS
Westpac predicts rents will keep rising for longer
Westpac is predicting that rents will jump by 11.5 per cent this year, enough to tempt investors and developers back into the market.
Read More » -
INDUSTRY NEWS
School zones still attracting price premiums
Being in a school catchment zone could add ten per cent to a property's sale price, according to new research from Domain.
Read More » -
INDUSTRY NEWS
Regional price growth continuing, Domain says
New data from Domain shows that the tree and sea change trend is continuing, with property prices increasing in 92 per cent of regional local government areas during the most recent quarter.
Read More » -
INDUSTRY NEWS
Block sizes smaller but more expensive
Australian buyers are paying more for less, with a new report from Domain showing the average block size in large capital cities shrank by 13 per cent over the past 10 years, with the price paid per square metre increasing at the same time.
Read More » -
INDUSTRY NEWS
Renters feel the pinch as vacancy rates drop back to record lows
There’s still no relief in sight for renters with vacancy rates returning to record low levels across the country.
Read More » -
INDUSTRY NEWS
Return of overseas students could place further pressure on rents
An anticipated increase in the number of overseas students coming to Australia following the Chinese Government's edict that students must return to face-to-face study could lead to rent rises of five per cent or more, one expert predicts.
Read More » -
INDUSTRY NEWS
Property price declines losing pace, Domain says
Property prices declined at a slower rate during the December quarter according to Domain, in a sign that the current downturn may be losing momentum.
Read More » -
INDUSTRY NEWS
Tennis courts a hit with buyers as Australian Open reaches full swing
Buyers are increasingly searching for properties with a tennis court, according to new data from Domain, though suitably-equipped properties are in short supply.
Read More » -
INDUSTRY NEWS
When should NSW first-home buyers consider stamp duty over property tax?
It would take more than a decade for first-home buyers in NSW to be better off opting for stamp duty over the state's new property tax, though the scheme does risk inflating prices for properties under $1.5 million, Domain's Chief of Research and Economics says.
Read More » -
Rental home cull as rents rise at their steepest annual rate on record
Australia’s rental crisis isn’t looking like it will ease anytime soon with more than 6000 affordable rentals to be scrapped under a national scheme this year, while the latest Domain Rent Report shows Australia recorded its steepest annual rental increase on record in 2022.
Read More » -
SUPPLIER NEWS
Most searched for suburbs, property features in 2022 revealed
The skyrocketing cost of borrowing is shaping up to be one of the biggest influences on the property market, but rising rates haven't stopped buyer demand in certain suburbs, according to a new report.
Read More » -
INDUSTRY NEWS
Property market was a rollercoaster in 2022
From a once-in-a-generation property boom to a clear downturn, Australia’s property market has been a rollercoaster in 2022.
Read More » -
INDUSTRY NEWS
Auction clearance rates hit a seventh-month high
Auction clearance rates have bounced back to a seventh-month high as vendors are now more prepared to meet the market according to a new report.
Read More » -
INDUSTRY NEWS
Vacancy rates hold steady in November
Vacancy rates across the country remain at record low levels, holding steady at 0.8 per cent according to Domain.
Read More » -
SUPPLIER NEWS
Properties selling faster than prior to the pandemic
Despite overall demand slowing down since the peak of the boom, properties across the country are still selling faster than they were before the pandemic, according to new data.
Read More » -
INDUSTRY NEWS
Cheapest suburbs to buy within 10km of the CBD
As office workers return to their pre-pandemic lives and head back to CBDs, there are still a number of affordable inner-city suburbs for homebuyers looking to move back to the city, according to a new report.
Read More » -
Where it’s cheaper to buy than rent
After the surge in property prices over the past few years, it’s now cheaper to buy than rent a house in only 13.8 per cent of suburbs, according to Domain.
Read More » -
INDUSTRY NEWS
October clearance rates hit a seven-month high
Auction clearance rates bounced to a seven-month high across the combined capitals and volumes have risen as sellers adjust to the new market conditions.
Read More » -
House prices are falling at the fastest quarterly rate on record
Rising interest rates, surging inflation and high levels of household debt have seen home prices across the country fall at their fastest-ever quarterly rate.
Read More » -
INDUSTRY NEWS
Rents hit record highs again as units outpace houses
Rents have hit record highs across the country again, with unit rents rising much faster than houses.
Read More » -
NEWS
Sydney vacancy rates hit the lowest on record
Sydney's vacancy rate has dropped to a record low of 1.1 per cent, with the number of available rental properties more than halving in the past year.
Read More » -
INDUSTRY NEWS
Buyer demand is down ahead of the spring selling season
Buyer demand is slightly lower than average in many areas as the spring selling season approaches.
Read More » -
INDUSTRY NEWS
Property upswings trump downturns over the past 30 years
Upswings in Australian property have been larger and longer than the subsequent downturns where prices slightly decline or just flatline according to new research.
Read More » -
INDUSTRY NEWS
National vacancy rate drops to a record low
The national vacancy rate has tumbled to a record low, dipping under 1 per cent and heaping more pressure on tenants already struggling with rising rents.
Read More » -
INDUSTRY NEWS
Units outperform houses as buyers hunt for value
Buyers are on the lookout for more affordable housing options as rising interest rates make units more appealing.
Read More » -
INDUSTRY NEWS
Rents surge by a record 12 per cent across the capitals
Australia's rental crisis has deepened with tight vacancy rates contributing to a record 12 per cent jump in house rents over the past year.
Read More » -
NEWS
It’s a landlord’s market: vacancy rate at record low
Australia’s rental vacancy rate is at the lowest point on record, with the market remaining firmly in landlords' favour according to the latest Domain Vacancy Rate Report.
Read More » -
INDUSTRY NEWS
Why sustainable homes sell faster
When given a choice, two-thirds of home buyers prefer energy-efficient homes according to new research from Domain.
Read More » -
INDUSTRY NEWS
Prices rose 40 per cent in NSW as growth slows
Home prices in New South Wales are finally starting to slow after a record run of growth that saw values surge 40 per cent between June 2020 and March 2022.
Read More » -
NEWS
Stamp duty putting a huge financial burden on NSW homebuyers
Stamp duty is rising at a faster rate than wages and house prices in NSW, causing homeowners to stay in properties that aren’t suited to their needs.
Read More »