Search Results for: Darwin
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INDUSTRY NEWS
Sydney’s Woollahra named most affluent Local Government Area
Waterfront locations dominate the list of Australia’s wealthiest LGAs, with Woollahra topping the list of the most affluent areas.
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INDUSTRY NEWS
Buyers increasingly focused on lifestyle and location: HTW
While interest rates and affordability have dominated the headlines, most home buyers are increasingly focused on access to transport, lifestyle and community when making their purchase decision according to the latest Herron Todd White (HTW) Month in Review.
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INDUSTRY NEWS
REA Group announces all the AREAs winners
Winners in the Annual REA Excellence Awards (AREAs) have been announced with Ouwens Casserly Real Estate taking out the coveted Residential Agency of the Year Award.
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INDUSTRY NEWS
Is the downturn over? House prices on the rise
Australia's property market is showing cautious signs of recovery, with house prices across the combined capitals increasing in the March quarter for the first time in a year.
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INDUSTRY NEWS
Two-speed demand splits rental market
A two-tiered rental market is appearing, with demand for rentals in capital cities soaring while in regional areas it is falling dramatically.
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INDUSTRY NEWS
Regional areas and high-end Sydney suburbs lead the bounce back
Affordable regional areas and high-end Sydney suburbs dominate the list of locations experiencing a market bounce back, according to new research.
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OPINION
Nerida Conisbee: when will property prices return to their peak?
We’re now consistently seeing house price growth across every Australian capital city.
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INDUSTRY NEWS
Rentals snapped up in record quick time
Rental properties are once again being leased at record fast rates.
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INDUSTRY NEWS
Hobart records the highest price growth over the past 20 years
Sydney and Melbourne are regularly in the real estate headlines, but it’s a much smaller capital city that has come out on top as recording the best median house price growth over the past 20 years.
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INDUSTRY NEWS
March was the busiest month for new listings since May
Sellers have slowly started to return to the property market with new listings rising 10.5 per cent in March.
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INDUSTRY NEWS
Rents surge in longest ever stretch of price growth
Tenants continue to face extreme financial pressure, with rents rising at the fastest rate since before the pandemic.
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INDUSTRY NEWS
Rental market reaccelerates from supply shortage
A chronic shortage of rental properties across Australia has reignited growth in weekly rents and further tightened already low vacancy rates.
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INDUSTRY NEWS
Smaller capital cities are the standout performers in a ‘segmented’ market
The smaller capital city property markets of Adelaide, Perth and Darwin have been the standout performers from across the country, while Melbourne continues to struggle, according to a new report.
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INDUSTRY NEWS
Home Value Index rises for the first time in almost a year
CoreLogic's national Home Value Index (HVI) increased 0.6 per cent in March, marking the first month-on-month rise since April 2022.
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INDUSTRY NEWS
Low stock levels fuelling national property price rises
Positive demand drivers, including low stock levels, are keeping a floor under property prices with national values rising for the third consecutive month in March.
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WEIRD AND WONDERFUL
Mansion with its own $300,000 gym hits the market
Fitness enthusiasts tired of overcrowded gyms might want to take a look at this exclusive mansion that comes with its own commercial-sized gym - fitted out with $300,000 worth of equipment.
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INDUSTRY NEWS
Loss-making resales jump across Sydney and Melbourne
The share of loss-making home sales across the country has jumped, led by both Sydney and Melbourne, which saw homeowners selling at a loss at the highest rate in four years.
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INDUSTRY NEWS
New listings suffer as sellers err on the side of caution
The seasonal uptick in property listings that usually occurs in the first half of March has been noticeably absent this year, with sellers having “erred on the side of caution” amidst declining property prices.
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INDUSTRY NEWS
Herron Todd White: too soon to call a bottom in the property market
High interest rates and the prospect of more pain ahead for borrowers as fixed-rate loans roll off, suggests it might be “too soon” to call the bottom of residential property prices, according to the latest Herron Todd White (HTW) Month in Review.
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INDUSTRY NEWS
Sydney renters paying $633 a week more than a year ago
Rents in Australia's unit market have surged, with the national trend recording its highest annual growth on record at 13.7 per cent.
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INDUSTRY NEWS
Time to save a deposit drops for first-home buyers
The time taken to save a deposit to purchase an entry-level first home has dropped by as much as 13 months according to new figures from Domain.
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Real Estate News
Rental rates soar to new heights
Weekly rent for a three-bedroom house in Brisbane has experienced the highest annual increase this century, with little relief in sight for renters according to fresh data.
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INDUSTRY NEWS
February listings rebound as Autumn selling season approaches
New property listings increased by nearly 25 per cent over the month of February, though they remain below 2022's strong levels.
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INDUSTRY NEWS
Share of sub-$400 per week properties falls sharply
The number of rental listings asking for $400 per week or less on realestate.com.au has nearly halved in the past year, new data shows.
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INDUSTRY NEWS
Domain sees spike in rental demand coming from China
New figures from Domain show Australia's vacancy rate remained stubbornly low during February, with the company reporting a spike in rental search traffic from China.
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INDUSTRY NEWS
Is the downturn over? Home values bounce back in February
Australia's property values increased slightly in February, according to PropTrack, while separate figures from CoreLogic also show the downturn losing steam.
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INDUSTRY NEWS
The Queensland agency offering to cover six months rent or mortgage payments
With the cost of living crisis taking its toll on Australian households, one Queensland real estate agency has taken matters into its own hands.
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INDUSTRY NEWS
Westpac predicts rents will keep rising for longer
Westpac is predicting that rents will jump by 11.5 per cent this year, enough to tempt investors and developers back into the market.
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INDUSTRY NEWS
HTW property predictions: Second half of 2023 to bring stability
Rapid interest rate increases have eroded the optimism surrounding residential property, but a slowdown in rate rises in the second half of the year is expected to bring increased stability to the market, Herron Todd White says.
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INDUSTRY NEWS
Regional price growth continuing, Domain says
New data from Domain shows that the tree and sea change trend is continuing, with property prices increasing in 92 per cent of regional local government areas during the most recent quarter.
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INDUSTRY NEWS
Block sizes smaller but more expensive
Australian buyers are paying more for less, with a new report from Domain showing the average block size in large capital cities shrank by 13 per cent over the past 10 years, with the price paid per square metre increasing at the same time.
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INDUSTRY NEWS
House price declines starting to slow
Capital city house prices are now down 6.1 per cent from their peak in March 2022.
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INDUSTRY NEWS
Prices forecast to decline as much as 10pc in 2023: PropTrack
A new report from PropTrack shows that property prices are on track to decline by between seven and 10 per cent in 2023, with faster-than-anticipated interest rate rises to blame.
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INDUSTRY NEWS
Renters feel the pinch as vacancy rates drop back to record lows
There’s still no relief in sight for renters with vacancy rates returning to record low levels across the country.
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INDUSTRY NEWS
Office vacancy figures show mixed outlook for cities
Businesses and workers continue to slowly trickle back into city CBDs, with new data showing demand for office space increased an average 0.1 per cent in the past six months.
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