Search Results for: Darwin
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INDUSTRY NEWS
Victorian suburbs top the list for best buying opportunities in 2023
Victoria has topped the list for the most suburbs that offer great buying opportunities in 2023 according to a new report.
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INDUSTRY NEWS
Uptick in property listings during November, PropTrack says
New property listings rose during November, according to a new report, with regional areas witnessing the largest increase.
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INDUSTRY NEWS
Why aren’t house prices falling more quickly?
We have come off the sharpest rise in house prices ever recorded to now being greeted with the sharpest increase in interest rates since the 1980s. Despite this, house prices are not falling by as much or as quickly as you would expect. At this point, it is looking like we may not even get to a 10 per cent…
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Queenslanders cop the biggest rent rise in nearly 20 years
Rents have risen sharply across the country over the past 12 months, with Queenslanders being hit with the biggest increase in nearly 20 years.
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INDUSTRY NEWS
Vacancy rates hold steady in November
Vacancy rates across the country remain at record low levels, holding steady at 0.8 per cent according to Domain.
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National
Property values fall for seventh consecutive month
Property values have dropped more than $50,000 since their peak in April according to the latest CoreLogic Home Value Index.
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INDUSTRY NEWS
Home prices fell in November as rates pressure buyers
Interest rate pressure is contributing to the “downward trend” in home prices, with new data showing values declined again last month.
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INDUSTRY NEWS
Unit growth falls into negative territory
Annual growth for units across the country has slipped into negative territory, with values down 1.4 per cent compared to this time last year, according to CoreLogic.
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National
Nerida Conisbee: Where you should have bought a decade ago
Over the past decade, the median in Sydney has increased the most. There are a lot of factors that have driven this.
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SUPPLIER NEWS
Properties selling faster than prior to the pandemic
Despite overall demand slowing down since the peak of the boom, properties across the country are still selling faster than they were before the pandemic, according to new data.
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Property values have soared in the past 20 years while rents lag
House prices across Australia have more than doubled in the past 20 years, however, rents have not been able to keep pace with soaring values.
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INDUSTRY NEWS
Cheapest suburbs to buy within 10km of the CBD
As office workers return to their pre-pandemic lives and head back to CBDs, there are still a number of affordable inner-city suburbs for homebuyers looking to move back to the city, according to a new report.
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Retail property transactions slow as consumers battle rising prices
Retail property sales have slowed, as economic uncertainty climbs according to the latest Herron Todd White (HTW) Month in Review.
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Prestige property market mixed across the country
The prestige property market has softened on the East Coast but continues to hold up well in the smaller capital cities according to the latest Herron Todd White (HTW) Month in Review.
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Where it’s cheaper to buy than rent
After the surge in property prices over the past few years, it’s now cheaper to buy than rent a house in only 13.8 per cent of suburbs, according to Domain.
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More choice for buyers as listings rise
The total number of properties for sale is increasing in nearly every part of the country, finally giving more choice to buyers.
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Home price falls stabilise in October
National home prices recorded a small decline in October as values continue to stabilise.
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House prices are falling at the fastest quarterly rate on record
Rising interest rates, surging inflation and high levels of household debt have seen home prices across the country fall at their fastest-ever quarterly rate.
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Unit prices falling slower than houses
Unit values across the country are likely to be more resilient during the current market downturn according to an expert.
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It’s still possible to buy a house under $1 million within 5km of the city
Despite the record increase in house prices across the country in recent years, it’s still possible to find homes under $1 million within 5km of the city.
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Sydney property prices have fallen 10 per cent since February
Property prices in Sydney continue to feel the effects of the downturn, with new data showing values have now declined 10.1 per cent from their peak, according to CoreLogic.
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INDUSTRY NEWS
Rising interest rates weigh on median home prices: HTW
The Reserve Bank of Australia’s sharp tightening cycle has started to see median home prices fall across the country, according to the latest Herron Todd White (HTW) Month in Review.
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Real Estate News
Property values fall in majority of house and unit markets
Almost 80 per cent of Australia’s house and unit markets are now in decline.
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INDUSTRY NEWS
Record low share of rentals below $400 per week
Tight rental markets are putting extra pressure on low-income renters as the share of rental properties listed below $400 per week has hit a record low.
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INDUSTRY NEWS
Rents hit record highs again as units outpace houses
Rents have hit record highs across the country again, with unit rents rising much faster than houses.
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INDUSTRY NEWS
New listings 15 per cent below the long-term average
Despite rising interest rates and falling prices, homeowners are not rushing to sell.
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INDUSTRY NEWS
Slower start to spring for new listings but what’s to blame?
The extra public holidays in late September have contributed to a slow start to spring for sellers, with new listings 7.5 per lower than the prior month.
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INDUSTRY NEWS
What Dale Atkin wants you to know about surviving the Bali bombings
October is a month that’s filled with both positive and negative memories for Dale Atkin.
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Real Estate News
Rental stock levels well below five-year average
Rental stock levels are more than 35 per cent below the five-year average and growth in annual rents has broken into double digits for the first time on record, new figures show.
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Real Estate News
Sydney vacancy rates hit the lowest on record
Sydney's vacancy rate has dropped to a record low of 1.1 per cent, with the number of available rental properties more than halving in the past year.
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Real Estate News
Loss-making resales have started to rise as property downturn continues
The Australian property market has peaked and turned downwards, with the number of loss-making transactions starting to rise.
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Real Estate News
CoreLogic’s September figures show a slower start to the traditional ‘spring selling season’
Across the combined capital cities, CoreLogic’s national home value index (HVI) recorded a 1.4 per cent decline in September, easing from a 1.6 per cent fall in August. The result shows the declines in property values are losing some steam, but according to Core Logic Research Director Tim Lawless, it might be too early to predict that we’ve moved through…
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National
Property price falls moderate as spring activity increases
Property prices across the country were widespread in September, but the pace of falls moderated significantly, with the national median value of a home in Australia now at $752,000.
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INDUSTRY NEWS
Adelaide and Brisbane among the world’s best performed property markets
Adelaide and Brisbane have bucked the national trend and recorded strong house price growth as worldwide prices continue to climb.
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INDUSTRY NEWS
Busiest winter for new listings in five years
Listings are beginning to pick up across the country, ahead of the typically busy spring season.
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