Search Results for: Darwin
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FRANCHISE NEWS
Raine & Horne reacquires its South Australian operation from long-time franchisees
In a bid to strengthen its presence in South Australia, Raine & Horne had reacquired its real estate business from long-term franchise holders, Chris and Sue Weston for an undisclosed sum late last year. The husband and wife team who has been operating the group’s franchise since 1996 is the latest business to be reacquired by Raine & Horne after…
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EPM
Kick off the year with Growing Stronger Together
Growing Stronger Together, an intensive one-day property management event series, kicks off in February 2017. Brought to you by the Real Estate Training Group (RETG), the event explores strategic team collaboration and accelerated rent roll growth in a series of sessions led by some of the industry’s most successful thoughtleaders. The core program will focus on strategically unpacking the topics…
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INDUSTRY NEWS
Property prices reflecting state economies: REIA
REIA has released the REIA Real Estate Market Facts for the September quarter 2016 which shows that the weighted average capital city median price increased by 1.4% for houses and 1.6% for other dwellings. “The weighted average median house price for the eight capital cities is now $712,776. Reflecting the differing fortunes of state economies, over the quarter, the median…
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INDUSTRY NEWS
CoreLogic December 2016 Property Outlook: Tim Lawless
CoreLogic have released their property market outlook for December 2016 which includes valuable market insights from Head of Research Asia Pacific, Tim Lawless on the current trend of investment activity, growth values, affordability and interest rates heading into 2017. CAPITAL CITY PROPERTY VALUES UP BUT SLOWING Capital city property values increased by 0.2 per cent in November, according to the…
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Elite Agent
Capital city values rise as cycle clicks over 4.5 years of growth, CoreLogic November Index
The CoreLogic November Home Value Index results released last week released showed a rise in dwelling values across most capital cities, however, CoreLogic Head of Research Tim Lawless has noted that it is the ‘softest capital city result since December 2015’. Throughout November, capital city dwelling values rose by 0.2%. While the headline results remained in positive growth territory, the…
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Real Estate News
Southern state investors returning to Darwin market
Raine & Horne Darwin has boosted it’s rent roll by 30% by amalgamating the rent roll of a major competitor with its existing property management business. “We now have 1,500 property managements, which makes us one of the biggest players in Darwin’s property management sector,” said Glenn Grantham, General Manager, Raine & Horne Darwin. For many years now, Raine &…
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Elite Agent
World GIS Day 2016
Did you know that today (16 November 2016) is world GIS Day? Of course you did. But on the off-chance that you haven’t yet heard of this auspicious calendar event, GIS Day is an international day to demonstrate the value and real-world applications of geographic information systems (GIS) technology – and in recognition, aerial imagery and data visualisation company, Nearmap,…
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Elite Agent
November Outlook: Cameron Kusher, CoreLogic
The CoreLogic Home Value Index showed that in October 2016, combined capital city home values rose by 0.5%. CoreLogic estimates that as at the end of October 2016, the total value of residential property nationally was $6.7 trillion. Adelaide and Hobart were the only capital cities in which values fell in October. Over the three months to October 2016, combined…
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EPM
Forward-thinking and driving change in the Top End: NOW Leasing NT
Working at a drive shaft and hydraulic spare parts company in Hobart back in 1997, one half of the NOW Leasing NT team – Joely Sullivan – never imagined that a three-month job placement in the Top End would set the course for her future career in property management. Now with business partner Jo Griffiths they have taken the leap…
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INDUSTRY NEWS
It’s a two speed property market: Domain
Australia has a two speed property market, with some capitals hitting record high prices while other markets weaken, according to the September quarter Domain House Price Report. Nationally the median house price increased by 1.7 per cent over the quarter, but varying levels of local supply and demand are delivering mixed results for individual capitals. Melbourne and Sydney prices have…
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Elite Agent
What’s the market up to? Which market is that?
Property market observers are mentioning an apparent shortage of property listings through the spring selling season this year. Reserve Bank of Australia governor, Philip Lowe, has said that inflation is likely to remain low until the economy is such that it generates enough jobs to stimulate strong growth in wages. Until we get past the end of the mining boom…
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National
CoreLogic Property Pulse Market Update (w/e 20 September, 2016)
Market update (w/e 20 September, 2016) The Reserve Bank (RBA) released the minutes of their October monetary policy meeting earlier this week. At the meeting the RBA board decided to keep official interest rates on hold at 1.5%. The major points of note from the minutes were: GDP growth moderated in the June 2016 quarter however, it was higher than forecast…
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Elite Agent TV
CoreLogic: Housing Market Update, October 2016
Watch CoreLogic’s Housing Market Update for October. The housing and economic data is derived from the CoreLogic Hedonic Home Value Index for the month of September, released October 2016. Presented by Tim Lawless, Research Director at CoreLogic. Here are some of the September Highlights, plus the October Outlook, according to Tim Lawless, Head Researcher Values in September – the headlines…
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Real Estate News
Domain Rental Report September Quarter 2016
Domain reports that for the last Quarter, the rental market is fairly stable, with little to no fluctuation in rents for most capital cities. A key insight for the September quarter is national vacancy rates. Despite a glut of new developments in both Melbourne and Sydney, the national supply of rental properties is tight, with some markets recording just 0.6…
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Real Estate News
CoreLogic Home Value Index September 2016
Capital city dwelling values increase by 1.0% in September to be 2.9% higher over the quarter, according to CoreLogic’s Hedonic Home Value Index for the month, taking the current growth phase into its 52nd month. Capital city dwelling values continued to show a strong headline rate of growth over the September quarter, with the CoreLogic Hedonic Home Value Index rising…
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Elite Agent TV
CoreLogic: Housing Market Update, September 2016
Watch CoreLogic’s Housing Market Update for September. The housing and economic data is derived from the CoreLogic Hedonic Home Value Index for the month of August, released September 2016. Presented by Tim Lawless, Research Director at CoreLogic. Transcript Welcome to CoreLogic’s monthly update on housing market conditions around Australia. This month we’re focusing on how the housing market performed in…
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INDUSTRY NEWS
CoreLogic: September 2016 Market Outlook
If you’re eager to find out what the various property markets around the country were up to during August, and you want to have a sneak peek at what might be ahead, read on for CoreLogic’s monthly Market Outlook. Average capital city home values are up Over the month of August 2016, combined capital city home values increased by 1.1%…
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Real Estate News
Raine & Horne National Awards for Excellence winners announced
The 2016 Raine & Horne National Awards for Excellence event, held at the spectacular Hamilton Island Conference Centre, attracted more than 200 of Raine & Horne’s best and brightest from its national and international network of offices. Congratulations to all the winners of the 2016 Raine & Horne National Awards for Excellence: Top Salesperson (Dollar Value) James Baker, Raine &…
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EPM
CoreLogic: July Rent Review
Rental rates showed no signs of lifting over July, according to the CoreLogic July Rent Index. Rental rates fell by -0.3% over the month to be -0.6% lower over the 12 months to July 2016. According to CoreLogic research analyst Cameron Kusher, rental rates continue to ease as supply ramps up. In July, rental rates dropped in all cities except…
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Elite Agent
CoreLogic: August 2016 Market Outlook
Eager to find out what August might have in store for the property markets? Cameron Kusher, Analyst at CoreLogic Research, has looked into his crystal ball. Value growth predictions Value growth has slowed on the whole over recent months, but the two largest and most expensive cities, Sydney and Melbourne, have continued to record relatively rapid rates of value growth.…
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Real Estate News
Property market bounces back: Domain
House prices have increased in almost every capital city, bouncing back from recent price falls, according to the June quarter Domain House Price Report. Nationally, the median house price increased 1.5 per cent, with strong growth in Sydney, Melbourne, Brisbane, Adelaide, Canberra and Hobart. The exceptions are Perth and Darwin, where steep price falls continued, decreasing 1.7 and 0.7 per…
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Real Estate News
New economic report shows solid growth for Australian property market
The PRDnationwide Research Team has released a new report revealing the Australian property market has made a positive start to 2016, with housing and rental growth recorded in capital cities and metro areas along with improved conditions in regional areas. After a hot 2015, the PRDnationwide 2016 Australian Economic and Property Report reveals the Australian property market has returned to…
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Real Estate News
State Of Australia’s Property Market
WEAK CONSUMER SENTIMENT and growing economic uncertainty are weighing on Australia’s property markets, as evidenced by a markedly slower growth and, in many cases, even falling values. However, there’s an upside to the market downturn. Nila Sweeney, Managing Editor of Property Market Insider, explains. NO MATTER HOW SOME people might try to spin it, there’s no denying the fact that,…
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Transform 2016 Coach
Optimising your profile for the Digital Interview with Steve Carroll
Thank you our Week 6 sponsor: Vitrine Media Australia. As well as being top of mind for the residents in your BDA, your agency shopfront also helps you stand out. With Vitrine Media LED technology, you can be on the cutting edge of window communications, connecting people to the store 24/7 by capturing their attention, attracting new customers and outpacing the competition…
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EPM
Annual rental growth lowest on record, Core Logic
2015 was a lacklustre year for rental growth in Australia with rents increasing by just 0.3% in 2015; not exactly the news investors are looking to read about but good news for those looking to rent according to CoreLogic RP Data research analyst Cameron Kusher. “We’ve never seen rental growth as sluggish as it is at the moment. Furthermore, we’re expecting to see more of…
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FRANCHISE NEWS
Dirt Cheap Real Estate and Generous Government Subsidies Driving First Time Buyer Activity in Darwin
Darwin first home buyers have faced the challenge of rapidly rising property prices in recent years, however with land packages worth as little as $116,000 selling fast, the worm has turned for first timers. “A number of new, affordable property developments, such as Palmerston’s Zuccoli Aspire1 where land packages start from less than $120,000, are being released to the market…
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EPM
Change Without Fear
FORMER AUSTRALIAN COMIC of the Year turned bestselling author Marty Wilson takes a shrewd look at our instinctive reaction to change and why we shouldn’t let our fears stop us from stepping outside the cave. CHARLES DARWIN, the father of the theory of evolution, said, “It’s not the strongest of the species who survive, not the most intelligent, but those…
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EPM
A Bigger Home for Renters in Australia
THE RECENT ASX listing for rent.com.au Ltd (RENT) has propelled the company into a dynamic phase of growth as it moves a step closer to its goal of becoming the ‘Home for Renters in Australia’. CEO and Founder Mark Woschnak shares some insights into the company’s seven-year journey and future vision. Rent.com.au has just listed on the Australian Securities Exchange…
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Elite Agent
Rent or buy? It’s a question of affordability
Whether to rent or buy has long been an issue of contention amongst younger generations. Despite recent research underlining that Australians are likely to pay almost the same cost to buy a home compared to renting for the next 30 years, the number of first home buyers is at a historical low in Australia. John Edwards from onthehouse.com.au looks at…
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EPM
Defence Housing Australia
One of the biggest property management companies in Australia is not a traditional real estate business. Defence Housing Australia (DHA) manages around 18,000 residences throughout Australia that some very special tenants call home. We talked to DHA Chief Operating Officer, Peter Howman, about how this verydifferent property management business operates. Firstly, tell us a little about DHA? The primary purpose…
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Elite Agent
Now is The Time to Strike
Think times are tough and feel like giving up? On the contrary, according to Grant Thorpe, now is the time to take real advantage of your competitor’s inattention to the huge amount of opportunities that are right there for the taking. The current climate is tough, but the beauty of this is that it filters out the real performers from…
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