Search Results for: Darwin
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INDUSTRY NEWS
Australia’s housing market hits $11.1 trillion milestone
Fresh ABS figures show Australia’s residential housing stock has soared to $11.1 trillion, with the average home now valued at more than $1 million.
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INDUSTRY NEWS
National property listings rise, but old stock points to unrealistic pricing
Australian property listings rose in August, led by Sydney and Melbourne, but overpriced homes risk sitting unsold this spring.
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INDUSTRY NEWS
Home prices reach new record high
Australian home prices have climbed to a fresh record high, rising 0.5 per cent in August and marking eight consecutive months of growth as the housing market gains momentum.
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INDUSTRY NEWS
Australia losing nearly 23 affordable homes a day
Australia’s affordable housing supply is shrinking at an alarming rate, with new data showing nearly 23 sub-$750,000 homes disappearing from capital city markets every day. Fresh analysis from Ray White Chief Economist Nerida Conisbee reveals that while affordable unit numbers are rising slightly, they’re nowhere near enough to offset the steep and sustained losses in houses.
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INDUSTRY NEWS
Homeowners bank record profits as housing market recovery gains pace
Australia’s property market is delivering windfall returns for sellers, with new Domain data showing most homeowners are reaping substantial profits when they sell. In the first half of 2025, profit-making sales reached their highest level in decades for houses and in three years for units, as rising prices and longer ownership periods combined to boost equity across much of the…
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INDUSTRY NEWS
Property values rise across all capitals as housing market strengthens
National dwelling values have increased for the sixth consecutive month, with every capital city recording growth as the housing market continues to strengthen.
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INDUSTRY NEWS
The “fortress suburbs” where price pressure hits a wall
In most property markets, rising prices in one suburb tend to push buyers into neighbouring areas offering better value. But not always. A recent analysis by Ray White Group Chief Economist Nerida Conisbee has identified a rare category of suburbs that remain insulated from affordability pressures—so-called “fortress suburbs.”
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INDUSTRY NEWS
Capital city property prices rise in unison as market momentum builds
No rate cut - yet - but housing demand and tight supply continue to drive growth across Australia
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INDUSTRY NEWS
Perth leads the nation as fastest selling property market
Australian property sellers can expect their homes to sell in about a month on average, but significant variations exist between capital cities, with Perth emerging as the nation's fastest market.
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INDUSTRY NEWS
Nearly half of Australian suburbs at record highs as property market upswing broadens
Fresh data from Cotality shows a growing number of suburbs hitting new price peaks, with Queensland and WA leading the rebound.
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INDUSTRY NEWS
Australia’s rental market stalls as affordability pressures peak
After years of rising rents, new data shows Australia's rental market is slowing as affordability pressures force a shift in pace.
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INDUSTRY NEWS
Property listings rise in May but remain below last year’s levels
New property listings across Australia increased 7.6 per cent in May compared to April, as the market rebounded following the Easter and Anzac Day holiday period,
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INDUSTRY NEWS
Australian home prices hit new record as interest rates fall
National home prices have reached a new record high, rising 0.39 per cent in May to mark the fifth consecutive month of growth amid falling interest rates.
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INDUSTRY NEWS
Property listings plummet as winter chill hits
Property listings across Australia experience a significant decline during winter months as homeowners postpone selling in favour of warmer destinations, according to new research.
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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,
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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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