Search Results for: canberra
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INDUSTRY NEWS
New listings tumbled 13.6 per cent in March
Vendors took their foot off the pedal last month, with new listings 8.8 per cent lower than the same time last year.
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INDUSTRY NEWS
Domain: The rental crisis could reach a turning point in 2024
Embattled renters could be in for some relief ahead with an expert predicting that the rental crisis could be reaching a turning point.
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INDUSTRY NEWS
Vacancy rates rise, but no relief for renters
The national vacancy rate has seen a modest increase in March, but renters are still under extreme pressure according to new data.
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INDUSTRY NEWS
National rents remained relatively stable in March
Despite record-low vacancy rates across the country, rents remained relatively stable in March according to new data.
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NEWS
Regional Queensland leads the property price surge
Regional Queensland has recorded the highest growth in the country in the past four years, with prices rising 66.5 per cent.
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INDUSTRY NEWS
Cashed up investors to capitalise on rising prices
The resurgence in property prices has continued across the country, and investors are well positioned to capitalise on further growth according to the latest Herron Todd White (HTW) Month in Review.
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NEWS
Unlocking Australia’s future: embracing housing density for affordable living
Australia needs to embrace greater housing density, particularly in the capital cities, as a means to combat the housing affordability crisis.
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NEWS
Interest rates on hold as RBA says economic outlook remains ‘uncertain’
The Reserve Bank of Australia has opted to keep interest rates on hold at 4.35 per cent at its March meeting, highlighting that the economic outlook remains uncertain, despite a recent drop in inflation.
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NEWS
Busy start to 2024 with new listings surging in February
Capital city activity surged with the busiest February for new listings on realestate.com.au in over a decade, according to the PropTrack Listings Report February 2024, released today.
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NEWS
Distressed listings fall in all capital cities
The number of distressed listings has fallen substantially over the past year, as mortgage holders weather the interest rate storm and look forward to potential cuts later this year.
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INDUSTRY NEWS
National median house and unit prices continue to rise
National house prices have tipped over the $1 million mark after a strong quarter of growth right across the country.
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Elite Agent
From science to shelter: Nicola Powell’s journey to decode Australia’s property pulse
When Dr Nicola Powell pushes a real estate report or an end of year property wrap out into the world, it’s a little like a child leaving the nest.
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NEWS
Vibrant auction market bodes well for Autumn selling season
Buyer confidence appears to have returned just in time for the Autumn selling season, with auction volumes and clearance rates on the rise.
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NEWS
National vacancy rate hits a new record low
The national vacancy rate has plummeted to a new record low of 0.7 per cent, although there does appear to be less competition among tenants, according to the latest figures from Domain.
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NEWS
Perth shines in property boom as Sydney and Melbourne rally
Perth remains the hottest capital city property market in Australia, but Melbourne and Sydney are making a comeback, according to new research.
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INDUSTRY NEWS
Property values to increase but rate of growth likely to slow: HTW
Property price growth rates are set to slow down over the remainder of 2024, according to the latest Herron Todd White (HTW) Month in Review.
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NEWS
Are first-time buyers really closer to home?
First-time buyers can save a 20 per cent deposit two months faster now than they could a year ago but there is a catch, according to the latest data from Domain.
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NEWS
House and unit price gap hits record $300k in capital cities
The gap between capital city house and unit prices has never been wider, with detached homes now costing almost $300,000 more.
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INDUSTRY NEWS
New listings surge in Sydney and Melbourne
A surge of sellers have listed their homes, with Sydney and Melbourne reporting the biggest jump in new listings in more than a decade.
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INDUSTRY NEWS
Tribunal denies BTR landlord a rent increase of $85 per week
A Canberra landlord who wanted to hike their tenant's rent by 20 per cent has had the move denied by a tribunal.
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NEWS
‘Right to disconnect’ laws could impact real estate
Proposed new laws allowing employees to ignore “unreasonable” contact from their bosses, and related third parties, after hours could potentially impact the real estate industry.
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NEWS
Distressed listings jump 9 per cent in NSW
The number of distressed listings has risen across Australia, despite the number of total listings falling in January.
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NEWS
Vacancy rates fall again in the new year
Rental availability declined further in January, with the national vacancy rate falling to 1.09 per cent.
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NEWS
RBA keeps interest rates on hold at 4.35 per cent
The Reserve Bank of Australia has kicked off 2024 with an interest rate hold, electing to keep the cash rate at 4.35 per cent at its first meeting of the year.
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NEWS
Australia’s auction season kicks off with near-record activity
Australia has recorded the second biggest start to auction season on record, with 1671 properties going under the hammer last week across the capital cities.
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Elite Agent
Aussie suburbs’ love affair with cars amid urban shift
Revving up for the upcoming Melbourne Grand Prix, let's dive into the Aussie suburbs that have an undeniable love affair with their four-wheeled companions.
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INDUSTRY NEWS
Competition cools despite record low vacancy rates
Vacancy rates have returned to record low levels, but there is hope for renters, with new data showing competition for properties is starting to ease.
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NEWS
Mixed results as home values climb for the 12th straight month
Australian property values have risen for the 12th consecutive month, but market performance remained varied among the capital cities.
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INDUSTRY NEWS
REIA on the hunt for solutions to the regional housing crisis
The Real Estate Institute of Australia (REIA) is putting together a summit focused on finding solutions to help ease the ongoing housing crisis that is severely hurting regional Australia.
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NEWS
Property prices hit new highs as growth continues
Australia’s property market has fully recovered from the 2022 downturn, with prices hitting a record high in the December quarter.
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INDUSTRY NEWS
Rents hit another record high but growth likely to slow
Tenants continue to feel the pressure of the housing crisis, with rents surging to a record high and passing $600 per week.
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CONTRIBUTORS
Leanne Pilkington: Interest rates, supply challenges and emerging real estate trends in 2024
In the throes of 2024, the Australian real estate market faces a critical juncture, challenged by the ebb and flow of interest rates and pressing supply issues. Here, Laing+Simmons Chief Executive Officer and Real Estate Institute of Australia President, Leanne Pilkington, reveals why this pivotal moment will demand unprecedented adaptability and strategic foresight from buyers, sellers, investors and agents alike.
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INDUSTRY NEWS
Relief for renters as house rents remain steady
After a tough few years for renters, there is now a glimmer of hope with house rents across the combined capitals holding steady for the first time in almost three years.
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INDUSTRY NEWS
Property market resilience to be tested in 2024
After bouncing back in 2023, the resilience of the property market is set to be tested according to the latest Herron Todd White (HTW) Month in Review.
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