Search Results for: Darwin
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INDUSTRY NEWS
Australian property prices set to double by 2030
Property values across Australia could double in many areas by 2030 if current growth trends continue, with some regions facing potential price drops of hundreds of thousands of dollars.
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INDUSTRY NEWS
Sydney has the most unaffordable electorates
Sydney dominates the nation's housing affordability crisis, with 12 of Australia's 20 most unaffordable electorates located in the harbour city,Â
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INDUSTRY NEWS
Adelaide joins the million-dollar club
​Adelaide has officially joined Australia's million-dollar club, with its median house price reaching $1,000,202 in the March quarter, according to Domain's latest House Price Report.
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INDUSTRY NEWS
Australia facing GFC-level rental price hikes
Australia's rental market is experiencing price increases not seen since the Global Financial Crisis, with projections indicating more pain ahead for renters across the country.
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INDUSTRY NEWS
Rental growth slows but landlords still hold the upper hand
Australia's rental market is showing signs of cooling with growth hitting a four-year low, though landlords remain firmly in control across all capital cities.
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INDUSTRY NEWS
Big wins for home sellers, but unit owners feel the pinch
Australian home sellers achieved record-breaking profits in the December 2024 quarter, with a median nominal gain of $306,000, according to CoreLogic's latest Pain & Gain report.
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FRANCHISE NEWS
Duo bring experience and community focus to Ray White Palmerston
Experienced real estate professionals Andrew Harding and Ryan Rowsell have teamed up to open Ray White Palmerston.
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INDUSTRY NEWS
Housing market rebounds as prices rise
After three months of decline, Australian home values increased by 0.3% in February, marking a reversal in the short-lived downturn, according to CoreLogic’s Home Value Index.
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INDUSTRY NEWS
Home prices rebound in February amid interest rate cut
National home prices rose by 0.40% in February, reaching a new record and reversing recent minor declines.
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INDUSTRY NEWS
Buying a unit can shave nearly two years off first-home buyer savings time
First-home buyers in Australia can enter the property market nearly two years sooner by purchasing a unit instead of a house, according to Domain’s latest First Home Buyer Report.
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INDUSTRY NEWS
Property listings surge to highest levels since 2017
The property market has seen its strongest year of new listings since 2017, giving buyers more choice and potentially slowing price growth in 2025.
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INDUSTRY NEWS
Darwin and Melbourne the top property picks for 2025
A new report has identified some unexpected hotspots, with Darwin and Melbourne leading the way as top investment locations for 2025.
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INDUSTRY NEWS
Property prices rise as markets shift
Property prices continue their upward trajectory with the national median house price reaching $1,050,370, marking a 6.2 per cent annual increase according to new data.
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INDUSTRY NEWS
Point Piper’s Wolseley Road claims title as Australia’s priciest street
Wolseley Road in Sydney's Point Piper has cemented its position as Australia's most expensive street, with median house prices surging to $45 million, according to new research.
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INDUSTRY NEWS
REA Group Excellence Awards winners announced
REA Group last night celebrated the best of the best in the property industry at its Annual Excellence Awards gala in Melbourne.
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INDUSTRY NEWS
National rental market shows signs of easing
The rental market is showing signs of easing with more properties becoming available and prices dropping for the first time in four months.
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INDUSTRY NEWS
Home prices hit a record high as Melbourne leads growth
Australian home prices have surged to new heights in October, marking the 22nd consecutive month of growth despite ongoing affordability challenges.
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INDUSTRY NEWS
Affordable homes outperform as mortgage fatigue hits
Rising interest rates are driving a shift in the market, with affordable houses now experiencing stronger price growth than luxury homes.
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Elite Agent
September vacancy rates drop again: tight conditions ahead for property managers
Renters should prepare for increased competition and rising rental prices as PropTrack’s latest report reveals a third consecutive month of falling vacancy rates across Australia in September 2024, with conditions tightening in both capital cities and regional areas. Nationally, the rental vacancy rate dropped to 1.34%, with Sydney, Hobart, and Canberra seeing some of the most significant declines. Listen to…
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Real Estate News
September property listings hit highest levels since 2015
Sellers are embracing the spring selling season, with new property listings in September 2024 reaching their highest volume since 2015.
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INDUSTRY NEWS
Tasmania leads property boom with 233% gains, while NT lags
Property prices in Tasmania have surged by an impressive 233% over the past 20 years, leading the nation in capital growth.
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INDUSTRY NEWS
ANZ predicts property prices to rise 5.5 per cent in 2025
Australia's capital city housing markets are expected to see continued growth in 2024, with prices forecast to rise by 7.3 per cent.
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INDUSTRY NEWS
Housing market growth slows as spring listings surge
The Australian property market is showing signs of a slowdown, with national dwelling values rising by just 0.4 per cent in September, according to the latest CoreLogic data.
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Real Estate News
Australian homeowners pocket record $285,000 profit in property resales
Australian homeowners pocketed a record-breaking median profit of $285,000 when reselling their properties in the June quarter of 2024, according to CoreLogic's latest Pain & Gain report.
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Real Estate News
Mortgages in arrears as property prices and rents surge
Australia’s housing market is facing increasing challenges as rising mortgage arrears coincide with surging property prices.
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INDUSTRY NEWS
New listings hit a decade high in the capital cities
Capital cities have experienced a significant increase in new listings, with Sydney, Melbourne, and Canberra recording their highest August figures in over a decade, according to new data.
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Real Estate News
Mixed Fortunes for Australia and New Zealand Property Markets as Suburb Values Weaken
Recent data from CoreLogic and insights from property experts reveal a mixed picture for both the Australian and New Zealand property markets, with significant variations in value trends across suburbs.
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INDUSTRY NEWS
National vacancy rate drops to 1.39 per cent
Australia's rental market tightened last month, with the national vacancy rate falling to 1.39 per cent in August, according to new data.
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INDUSTRY NEWS
Perth dominates list of top family-friendly suburbs
Perth has emerged as the leading city for family-friendly suburbs in Australia, according to new research.
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Movers and Shakers
Ray White Norwood named SA | NT top performer at annual awards
Ray White South Australia and Northern Territory celebrated its top offices and individuals at the annual state awards held at the Adelaide Convention Centre
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Real Estate News
Units are now outpacing houses in Australia’s property boom
In the past three months, an unexpected trend has emerged in Australia’s property market: apartment prices have surged ahead of house prices in nearly all capital cities, with the exception of Darwin and Canberra, where abundant housing supply has tempered growth.
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INDUSTRY NEWS
Property market delivers record profits for Australians
Australia’s property market continues to solidify its reputation as a reliable wealth-building avenue, with a significant surge in profit-making sales across the nation.Â
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Real Estate News
Buyers find more options as property supply rises
Properties will need to be priced right coming into the spring selling season, with the latest data from Domain showing momentum is swinging towards buyers.
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Real Estate News
Nationwide workshops to shape future of property services qualifications
BuildSkills Australia (BuildSkills) will hold consultation workshops around the country as part of qualification reform in the property services industry.
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INDUSTRY NEWS
One-minute data: Rental vacancy rate stabilises as investors return
The national rental vacancy rate held steady at 1.42 per cent in July, with some cities seeing improved conditions.
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