Search Results for: Darwin
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INDUSTRY NEWS
Herron Todd White: Buyers tipping rate cuts drive activity
The expectation that interest rates were set to fall was behind this year's uptick in activity according to the latest Herron Todd White (HTW) Month in Review.
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INDUSTRY NEWS
The number of affordable rentals hits a record low
The number of affordable rentals continues to decline across the country making life incredibly tough for renters.
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INDUSTRY NEWS
New listings jump in April as confidence rebounds
Vendor confidence is returning across the country with new listings surging 3.8 per cent last month according to new data.
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Real Estate News
Mandurah is Australia’s fastest growing city
Mandurah, on the southwestern coast of Western Australia, has been named as the fastest growing city in the country in the past 20 years.
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INDUSTRY NEWS
Interest rates on hold but future hikes not ruled out
The Reserve Bank of Australia has kept interest rates on hold at 4.35 per cent at its May meeting, but cautioned that higher than expected inflation was not expected to return to the target 2-3 per cent range until the second half of 2025.
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Real Estate News
Property values continue to rise amid low supply
Australian property values have continued to rise, with low supply trumping high interest rates and inflation in the price equation.
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INDUSTRY NEWS
Herron Todd White: Where you can find affordable homes in Australia
Despite the cost of living rising and property prices outpacing wage growth, there are still places where homes are affordable according to the latest Herron Todd White (HTW) Month in Review.
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Real Estate News
Property prices hit new record, with more to come
Property prices have hit yet another record, with the combined capital city house and unit prices rising by up to 1 per cent in the March quarter.
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INDUSTRY NEWS
Domain: The rental crisis could reach a turning point in 2024
Embattled renters could be in for some relief ahead with an expert predicting that the rental crisis could be reaching a turning point.
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INDUSTRY NEWS
Vacancy rates rise, but no relief for renters
The national vacancy rate has seen a modest increase in March, but renters are still under extreme pressure according to new data.
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INDUSTRY NEWS
National rents remained relatively stable in March
Despite record-low vacancy rates across the country, rents remained relatively stable in March according to new data.
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Real Estate News
Regional Queensland leads the property price surge
Regional Queensland has recorded the highest growth in the country in the past four years, with prices rising 66.5 per cent.
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INDUSTRY NEWS
Cashed up investors to capitalise on rising prices
The resurgence in property prices has continued across the country, and investors are well positioned to capitalise on further growth according to the latest Herron Todd White (HTW) Month in Review.
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INDUSTRY NEWS
Darwin property market on the cusp of major growth
Interstate investors are starting to pay attention to Darwin’s property market, potentially leading to the next growth phase according to an expert.
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Real Estate News
First National celebrates its best performers
First National Real Estate has highlighted its best performers across the country in its state-based General Excellence and Marketing Awards, with one incredible agent scoring the Number 1 Salesperson of the Year for the seventh time.
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Real Estate News
Unlocking Australia’s future: embracing housing density for affordable living
Australia needs to embrace greater housing density, particularly in the capital cities, as a means to combat the housing affordability crisis.
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Real Estate News
Busy start to 2024 with new listings surging in February
Capital city activity surged with the busiest February for new listings on realestate.com.au in over a decade, according to the PropTrack Listings Report February 2024, released today.
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Real Estate News
Distressed listings fall in all capital cities
The number of distressed listings has fallen substantially over the past year, as mortgage holders weather the interest rate storm and look forward to potential cuts later this year.
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INDUSTRY NEWS
Vacancy rates drop again to a record low 1.07 per cent
The rental crisis is showing no signs of easing just yet, with new data finding that the national vacancy rate has fallen to a record low of 1.07 per cent.
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INDUSTRY NEWS
National median house and unit prices continue to rise
National house prices have tipped over the $1 million mark after a strong quarter of growth right across the country.
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INDUSTRY NEWS
Four years later: How Covid changed housing trends
In the four years since the onset of Covid, the housing market has seen prices surge 32.5 per cent according to new analysis.
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Real Estate News
National vacancy rate hits a new record low
The national vacancy rate has plummeted to a new record low of 0.7 per cent, although there does appear to be less competition among tenants, according to the latest figures from Domain.
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Real Estate News
Perth shines in property boom as Sydney and Melbourne rally
Perth remains the hottest capital city property market in Australia, but Melbourne and Sydney are making a comeback, according to new research.
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INDUSTRY NEWS
Property values to increase but rate of growth likely to slow: HTW
Property price growth rates are set to slow down over the remainder of 2024, according to the latest Herron Todd White (HTW) Month in Review.
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Real Estate News
Are first-time buyers really closer to home?
First-time buyers can save a 20 per cent deposit two months faster now than they could a year ago but there is a catch, according to the latest data from Domain.
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Movers and Shakers
First National announces their top performers in SA and NT
First National Real Estate has highlighted its top agents from the Northern Territory and South Australia at the company's 2024 General Excellence and Marketing Awards in Adelaide.
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Real Estate News
House and unit price gap hits record $300k in capital cities
The gap between capital city house and unit prices has never been wider, with detached homes now costing almost $300,000 more.
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Real Estate News
REACH Australia and New Zealand unveils the class of 2024
A tech-driven, custom-tailored menswear brand, a resident experience company meeting the demands of modern living and a group that empowers anyone to buy and sell tiny squares of conservation land, have been named in 2024 REACH Australia and New Zealand program.
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Real Estate News
Distressed listings jump 9 per cent in NSW
The number of distressed listings has risen across Australia, despite the number of total listings falling in January.
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Real Estate News
Vacancy rates fall again in the new year
Rental availability declined further in January, with the national vacancy rate falling to 1.09 per cent.
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Real Estate News
RBA keeps interest rates on hold at 4.35 per cent
The Reserve Bank of Australia has kicked off 2024 with an interest rate hold, electing to keep the cash rate at 4.35 per cent at its first meeting of the year.
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Elite Agent
Flood and cyclone insurance – can landlords get cover?
Every year, large areas of the country are ravaged by natural disasters including bushfires, storms, floods and cyclones.
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INDUSTRY NEWS
Competition cools despite record low vacancy rates
Vacancy rates have returned to record low levels, but there is hope for renters, with new data showing competition for properties is starting to ease.
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Real Estate News
Mixed results as home values climb for the 12th straight month
Australian property values have risen for the 12th consecutive month, but market performance remained varied among the capital cities.
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INDUSTRY NEWS
Swimming pools make homes more valuable
The backyard pool is always a popular feature during the summer holidays and now new data shows that properties with pools are more attractive to buyers.
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