Search Results for: Darwin
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Real Estate News
National rental vacancy rates fall for second consecutive month
The number of available residential properties available for in Australia have fallen for the second month in a row, with the vacancy rate now sitting at 1.7 per cent, according to the latest research from Domain.
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Real Estate News
Australian residential property values rise by 2.2 per cent in May
Housing markets continued to surge throughout Australia in May, with CoreLogic's national Home Value Index rising by 2.2 per cent over the month.
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Real Estate News
Sydney property values tipped to rise by more than 20 per cent
House prices in Sydney are forecast to rise by an unprecedented 21 per cent in 2021, with a range of economists and industry experts also tipping the cash rate will remain on hold when the Reserve Bank Board meets on June 1.
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Real Estate News
Demand for housing continues to outpace listing supply volumes
Demand for housing in Australia continued to outpace listing volumes in April, according to the latest data from REA Group.
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Real Estate News
Little movement on HTW residential property clock in April
Herron Todd White have released their April property clock, and there has been little movement in the residential sector.
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Real Estate News
Australian housing values continued to grow in April
Housing values rose by 1.8 per cent in Australia in April, with monthly capital gains easing from a 32-year high in March, according to CoreLogic’s national home value index.
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Real Estate News
House prices record steepest quarterly rise in 18 years
Australian house prices recorded their strongest quarterly increase in almost two decades in the three months to March, according to the latest Domain House Price Report.
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INDUSTRY NEWS
Capital city auction volumes set to dip slightly
Auction volumes look set to slow slightly this weekend, with 2099 properties expected to go under the hammer across the capital cities. CoreLogic’s National Auction Market Preview shows that number is down on the 2467 auctions held last week, but it’s still significantly higher than the 413 auctions run a year ago. Melbourne auction numbers are set to drop 23.6…
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Real Estate News
Finalists announced for 2021 REIA National Awards for Excellence
The finalists for the 2021 REIA National Awards for Excellence have been announced, with this year’s event set to take place in Darwin in June.
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Real Estate News
Domain report shows house rents hit new highs in most capital cities
Domain has just released its Rent Report for the March quarter, with data showing every capital city in the country bar Melbourne, Perth and Darwin hit new record highs in the first three months of 2021.
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Real Estate News
CoreLogic data confirms national housing values hit new record high last month
Low mortgage rates, a rise in consumer sentiment and low listing volumes combined to propel national housing values to new record highs in March, according to CoreLogic’s latest Property Pulse report.
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Real Estate News
Darwin property market to fire up after $5 billion gas field announcement
There is plenty of competition in the pipeline for the Darwin real estate in 2021 and beyond after the announcement of a significant offshore gas development near the Northern Territory's capital.
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Real Estate News
Building approvals soar across the nation
New Australian Bureau of Statistics data shows the number of building approvals across the nation skyrocketed in February. According to the ABS data released today, the number of dwellings approved rose 21.6 per cent in February, seasonally adjusted, after falling 19.4 per cent in January. ABS Director of Construction Statistics Bill Becker said approvals for private houses had increased 15.1…
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Real Estate News
Capital city CBD occupancy rates on the rise
The latest Property Council of Australia office occupancy survey has revealed more workers are returning to capital city CBDs, with figures showing Melbourne, Sydney and Perth recorded a rise in occupancy levels in March.
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Real Estate News
HTW property clock reveals Melbourne, Sydney and Sunshine Coast on the rise
Herron Todd White have released their monthly property clock and unsurprisingly, Melbourne is one of the markets forecast as being on the way up, officially swinging to 'rising market' status.
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Real Estate News
REIA announces sponsorship agreement with realestate.com.au
The Real Estate Institute of Australia has announced a new sponsorship agreement with the nation’s biggest property portal, realestate.com.au.
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Real Estate News
Australia second-most-popular offshore destination for Asian property investors
Despite the COVID-19 pandemic having restricted and reduced the physical movement of Asian real estate buyers around the world, it has not dampened enthusiasm for overseas real estate.
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Real Estate News
Sydney property values reach new record high
Sydney property prices have hit a new record high, with CoreLogic reporting today that values have recovered to exceed their earlier 2017 peak.
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Elite Agent
Property Council survey reveals slowdown in rate of workers returning to offices
Australia’s central business districts are taking a long while to recover from the effects of COVID-19 social restrictions, with new data revealing a slowdown in the rate of workers returning to their offices.
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Elite Agent
Price growth in capital cities outstripping regions according to REA Insights Home Price Index data
Capital city price growth outpaced regional growth for the second time in 12 months in February, data from the new REA Insights Home Price Index released today shows.
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Elite Agent
Australian home values rise at fastest rate in 17 years
CoreLogic’s national home value index for February showed prices rose across each of the capital city and rest-of-state regions in February, demonstrating the breadth of the housing upswing.
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Elite Agent
Positive conditions forecast to continue according to REA Insights Property Outlook Report
REA Group's newly released Insights Property Outlook Report is tipping positive conditions to remain throughout 2021, with a few notable exceptions.
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Elite Agent
First National announces SA and NT 2020 award winners
First National Real Estate’s South Australia and Northern Territory agents celebrated their annual night of nights last weekend. The group’s SA and NT agents were presented with their 2020 General Excellence and Marketing Awards at Hilton Adelaide on Friday night. The 2020 awards introduced two major new award classifications – Magnificent 7 and Elite. These awards incorporate 15 property managers,…
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Real Estate News
Perth now Australia’s fastest growing property market
Perth has become Australia’s fastest-growing major property market after the city’s home value index rose 1.6 per cent last month and 3.8 per cent compared to three months, according to CoreLogic data released yesterday.
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Elite Agent
Low rates and high values drive home lending to all-time high
Record-low interest rates and record-high property values have helped drive home lending to an all-time high, according to newly released figures.
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Elite Agent
Darwin, Perth and Hobart record strong growth in January
Australian house values reached a record new high during the start of 2021 - even surpassing pre-COVID levels, according to latest data from CoreLogic.
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Elite Agent
Regions show record price growth
House prices have hit a new record high across all Australian capitals with exceptions of Darwin and Perth.The Domain House Price Report for the December 2020 quarter released this morning also shows that outer city regions across the country saw record price growth as demand rose throughout COVID.
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INDUSTRY NEWS
The rental gap between houses and units continues to widen: CoreLogic
The COVID-19 pandemic has created diversity across the Australian rental market with international border closures and stalled immigration continuing to impact capital cities, according to CoreLogic RP Data.
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Elite Agent
Lifestyle demand sees rental prices surge
A surge in Aussies moving to lifestyle destinations is causing a hike in rents, with it now costing more to lease a unit in Brisbane than in Melbourne.
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Real Estate News
Record numbers of Aussies say now is a good time to buy
Optimistic home buying sentiment has reached a pre-pandemic high in Australia according to new research from Finder.
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Real Estate News
Momentum in Australia’s property market continues to build: CoreLogic
Core Logic's December data points to a strong 2021, with
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Real Estate News
Property boom predicted for 2021
Five out of 8 Australian capital cities are likely to produce double-digit house price growth in the 2021 calendar year while forty (40) or more non-capital city locations will crack 20 percent capital growth over this 12-month block according to Propertyology’s Simon Pressley. Pressley says the history books will show that an Australian property boom commenced in Q3 2019 and,…
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OPINION
2021 Market Outlook: Leanne Pilkington
All things considered, 2020 closed on a high. House prices are showing a mild increase month-on-month in metropolitan and regional locations, which provides some comfort to consumers as Australia embarks upon a long-term economic recovery. In an unusual but appropriate move for the times, the Reserve Bank has confirmed interest rates will remain low for the next few years, which…
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Elite Agent
Best of the Best Report shows 2020’s biggest property market winners
CoreLogic’s Best of the Best 2020 Report reveals Australia’s $7.2 trillion residential real estate market proved remarkably resilient.
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Elite Agent
Capital city home prices go up in a ‘resilient’ Australian property market
Median house prices in all Australian cities increased by 0.4 per cent during the September quarter, despite the effects of COVID-19.
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