Search Results for: regional nsw
-
Covid regional hotspots lead price declines
The Covid boom that saw tens of thousands of people moving to regional Australia has officially come to end, with many regional hotspots now leading the downturn.
Read More » -
NEWS
NSW and Brisbane hit hard by the housing supply crunch
Inner Brisbane and the western suburbs of Sydney are some of the hardest hit locations of Australia’s housing supply crunch according to new research.
Read More » -
OPINION
Time use survey shows a more relaxed lifestyle in most, but not all, of regional Australia
Every 15 years, the Australian Bureau of Statistics conducts a time use survey. Around 2,000 households are given diaries to record how they spend their time.
Read More » -
INDUSTRY NEWS
Regional property values set to benefit from the renewable energy boom
Australia’s focus on renewable energy will see a number of regional property markets across the east coast benefit from rising prices and long-term capital growth.
Read More » -
INDUSTRY NEWS
Regional reversal taking place as people move back to the cities
After a record few years for regional property prices, values have started to decline as regional migration begins to stall.
Read More » -
INDUSTRY NEWS
Regional prestige lifestyle areas the first to show weakness
Rampant house price growth in regional lifestyle areas, previously fuelled by Covid lockdowns, has started to turn, with the prestige market falling first.
Read More » -
NEWS
Regional property price boom is not done yet
Regional cities like Albury-Wodonga, Tamworth and Bundaberg could continue to experience price growth despite the national property downturn.
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
NSW Budget helps certain sectors of the property market
The NSW Government’s stamp duty reform, shared equity scheme and housing infrastructure boost are all positive starts but don’t stretch far enough to make a meaningful, long-term impact on the property market, according to industry experts.
Read More » -
INDUSTRY NEWS
NSW Government announces trial shared equity housing scheme ahead of Budget
Teachers, nurses, police, single parents and older singles will be able to tap into a $780.4 million shared equity scheme to buy a home under a new NSW Government trial.
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 » -
INDUSTRY NEWS
AI lead generation proves its power in regional areas
Concerns over whether Ai technology could work in regional areas are very common across real estate agencies doing business there.
Read More » -
INDUSTRY NEWS
Property price growth slows across regional Australia
Property prices across regional Australia are finally starting to show signs of easing after a record run of growth according to new data.
Read More » -
INDUSTRY NEWS
Australia’s top 10 most affordable regional areas
The great Australian dream of owning a home is still alive, with a new report identifying the Top 10 affordable regional areas in the eastern states.
Read More » -
INDUSTRY NEWS
One in four NSW and QLD residents not insured for extreme weather
New data suggests 22 per cent of New South Wales and Queensland residents are uninsured against extreme weather events such as floods, bushfires, or storms.
Read More » -
NEWS
Tree-changers drive regional property prices, reduce selling times
More space, flexible working conditions and affordability is fuelling a surge in regional property values, as Australians flee the capital cities in search of a more relaxed style of living.
Read More » -
INDUSTRY NEWS
New listings still won’t meet demand in NSW
A flood of new listings set to come to market this month will not be enough to make a tangible impact on undersupply in New South Wales.
Read More » -
NEWS
Sydney city and coastal living now ‘overpriced’ in NSW
NSW coastal hotspots such as the celebrity playground of Byron Bay have been listed as overpriced, while regional towns such as Albury-Wodonga and Wagga continue to offer good value, according to new research. Analysis from InvestorKit Founder, Arjun Paliwal, found NSW’s most populated coastal towns, including Newcastle, Wollongong, Shoalhaven, Port Macquarie and Byron Bay, to be the most unaffordable locations…
Read More » -
INDUSTRY NEWS
Double digit-growth boom for regional housing markets
Regional Australia is continuing to witness house value increases that outpace the capitals, with the best performing regions enjoying an annual rise of more than 30 per cent.
Read More » -
INDUSTRY NEWS
COVID-19 drives ‘regional renaissance’ as house prices surge
The regional property market continues to skyrocket, with house prices jumping almost 30 per cent in the year to September, the fastest annual pace in 35 years. The rapid rise in the regional market is outpacing growth in metro areas, as the ripple effect of COVID-19 sees homeowners flee the city, thanks to increasing work-from-home arrangements. The findings were revealed…
Read More » -
INDUSTRY NEWS
Vacancy rates fall across most of NSW, except Inner-City Sydney
Vacancy rates across Sydney and much of New South Wales have dropped this month, while the Inner Ring bucked the trend, experiencing its highest vacancy rate rise since June.
Read More » -
OPINION
The upside and downside of regional shift
Attend an open home in the regional city of Newcastle and you’ll see a flurry of phones out, Facetime on and the real buyer sitting in a Sydney lounge room, looking to pick up relatively affordable real estate or planning an escape from the big city hustle.
Read More » -
INDUSTRY NEWS
Regional property markets predicted to outperform capital cities in 2022
Regional property markets will be the ones to watch in 2022, according to Canstar’s inaugural Rising Stars Report, which identifies the top suburbs for future price growth.
Read More » -
INDUSTRY NEWS
Regional renters struggle as listings plummet
Regional renters are facing an uphill battle to put a roof over their heads with the number of listed properties on realestate.com.au 40 per cent below their pre-pandemic levels.
Read More » -
INDUSTRY NEWS
Auctions and open homes can be held across NSW
Freedom Day arrived in NSW yesterday with some good news from the State Government in that on-site auctions and open homes can take place statewide. Minister for Better Regulation and Innovation Kevin Andrews said there was currently no restrictions on where a live auction or open home could be held. “The Public Health order notes that from 11 October there…
Read More » -
APPOINTMENTS
Growth despite lockdown: New offices open in NSW and Victoria
New South Wales and Victorian agencies have had their fair share of struggles courtesy of recent lockdown restrictions, but that hasn't stopped three new offices from opening.
Read More » -
New South Wales
NSW will allow property inspections as lockdown restrictions ease
Some NSW lockdown restrictions will ease on Monday, including allowing house inspections, as Health Minister Brad Hazzard has signed off on a change to the Public Health Order.
Read More » -
NEWS
NSW Government $17 billion infrastructure plans for economic recovery
The NSW Government confirmed the approval of $17 billion worth of infrastructure, including thousands of new homes
Read More » -
INDUSTRY NEWS
Regional areas benefit from Sydney and Melbourne’s population exodus
Regional areas in New South Wales and Victoria have seen a huge spike in house sales as city residents move away from Sydney or Melbourne.
Read More » -
NEWS
Coastal apartments in hot demand in NSW
Sydney’s extended lockdown has boosted buyer enthusiasm across regional New South Wales, with enquiries increasing for apartments in coastal areas.
Read More » -
New South Wales
Property Council of Australia asks NSW to balance sustainable housing design with affordability
The Property Council of Australia has cautiously welcomed changes to the recent Design and Place State Environmental Planning Policies (SEPP) Explanation of Intended Effect (EIE) report, but notes sustainability must be balanced with affordability.
Read More » -
New South Wales
What the updated lockdown restrictions mean for NSW real estate agents
The updated New South Wales (NSW) coronavirus restrictions are tricky for anybody to navigate. It's even more difficult for real estate agents who are trying to maintain business.
Read More » -
NEWS
Boom in Aussies buying up restaurants, pubs, hotels and bars in regional centres
With international borders closed, regional Australia is seeing a dramatic surge in popularity. More people are moving out of the cities and into quaint communities. City slickers are looking for new careers and business opportunities, with regional Australia being bought up at record pace. Manenti Quinlan and Associates Director Leonard Bongiovanni said city residents are being wooed by the “fresh…
Read More » -
Elite Agent
Community housing in regional New South Wales has a 10 year waiting list
The Community Housing Industry Association NSW (CHIA NSW) is calling for urgent action to address the state’s social housing waiting list. There are more than 50,000 households waiting for up to 10 years or more for safe, secure and affordable community housing. CHIA NSW has warned that households on the social housing waitlist are paying unaffordable private market rents, couch-surfing…
Read More » -
NEWS
Regional rent prices rise at three times the rate of capital cities
Rental prices in Australia’s combined regional markets have increased by almost three times the rate as capital city markets over the past year.
Read More »