Search Results for: Dr Nicola Powell
-
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.
Read More » -
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.
Read More » -
INDUSTRY NEWS
Buyer demand is down ahead of the spring selling season
Buyer demand is slightly lower than average in many areas as the spring selling season approaches.
Read More » -
INDUSTRY NEWS
Property upswings trump downturns over the past 30 years
Upswings in Australian property have been larger and longer than the subsequent downturns where prices slightly decline or just flatline according to new research.
Read More » -
INDUSTRY NEWS
National vacancy rate drops to a record low
The national vacancy rate has tumbled to a record low, dipping under 1 per cent and heaping more pressure on tenants already struggling with rising rents.
Read More » -
INDUSTRY NEWS
Units outperform houses as buyers hunt for value
Buyers are on the lookout for more affordable housing options as rising interest rates make units more appealing.
Read More » -
INDUSTRY NEWS
Rents surge by a record 12 per cent across the capitals
Australia's rental crisis has deepened with tight vacancy rates contributing to a record 12 per cent jump in house rents over the past year.
Read More » -
News
It’s a landlord’s market: vacancy rate at record low
Australia’s rental vacancy rate is at the lowest point on record, with the market remaining firmly in landlords' favour according to the latest Domain Vacancy Rate Report.
Read More » -
INDUSTRY NEWS
Why sustainable homes sell faster
When given a choice, two-thirds of home buyers prefer energy-efficient homes according to new research from Domain.
Read More » -
INDUSTRY NEWS
Prices rose 40 per cent in NSW as growth slows
Home prices in New South Wales are finally starting to slow after a record run of growth that saw values surge 40 per cent between June 2020 and March 2022.
Read More » -
News
Stamp duty putting a huge financial burden on NSW homebuyers
Stamp duty is rising at a faster rate than wages and house prices in NSW, causing homeowners to stay in properties that aren’t suited to their needs.
Read More » -
INDUSTRY NEWS
Annual auction volumes declined in May
After a record volume of auctions were held in the first four months of the year, last month saw an annual decline in listings for the first time since February 2021.
Read More » -
INDUSTRY NEWS
Auction numbers to bounce back after the Federal Election
Auction volumes are set to rise sharply this weekend following lower volumes last week as a result of the Federal election.
Read More » -
INDUSTRY NEWS
Vacancy rates remain at record low levels
The national vacancy rate remains at a record low 1 per cent with all capital cities continuing to operate in a “landlords’ market” according to a new report.
Read More » -
INDUSTRY NEWS
Property boom losing momentum – Sydney price growth ‘flatlining’
The rate of property price growth in Australia has dropped dramatically in the first three months of the year, new data reveals.
Read More » -
INDUSTRY NEWS
Rents continue to rise as supply shortage bites
Rental prices for houses in Australia’s capital cities have hit their highest point on record, with the median price now $508 per week, according to the latest data.
Read More » -
INDUSTRY NEWS
Sydney and Melbourne markets swing in favour of buyers
A two-speed Australian property market has started to emerge as demand for real estate in Sydney and Melbourne wanes, new data shows.
Read More » -
INDUSTRY NEWS
Sales by auction have doubled in the last decade
The popularity of auctions continues to grow, with the number of homes sold via the auction sale method doubling in the past decade.
Read More » -
INDUSTRY NEWS
First home buyers forced to save for 11 extra months to afford a home
Average couples are now forced to spend 11 additional months saving for a deposit to afford an entry-level house compared to the same time last year according to new research.
Read More » -
News
Vacancy rates fall to lowest on record
National vacancy rates have hit their lowest point on record, falling to just 1.1 per cent in February.
Read More » -
INDUSTRY NEWS
Australia’s median house price soars past $1 million
Australia's median house price has hit a record high, soaring above $1 million according to new data.
Read More » -
INDUSTRY NEWS
Rents hit record highs in most capital cities
The latest data from Domain shows that rents across most capital cities in Australia are now at record high levels.
Read More » -
News
December report reveals tight rental conditions
Rental conditions remain tight, with further strain expected as borders reopen, according to Domain’s latest Rental Vacancy Report.
Read More » -
INDUSTRY NEWS
A record-breaking year and trends to watch in 2022
Australia has smashed property records in 2021, racking up the highest number of sales and fastest rate of annual house price growth on record, according to new research. Domain’s End of Year Wrap shows that 446,800 houses and 144,500 units sold this year, with the combined capital city house price quickly closing in on the magic $1 million mark. It’s…
Read More » -
INDUSTRY NEWS
26 Victorian suburbs join the Million Dollar Club
Melbourne property prices are booming and million-dollar homes are quickly becoming the new norm.
Read More » -
INDUSTRY NEWS
Property prices hit records across the country but the market is cooling
Australia’s median house price is fast approaching $1 million with the fastest rate of annual growth on record hitting 21.9 per cent, according to the latest data.
Read More » -
INDUSTRY NEWS
Unit rents rise for the first time since before the pandemic
In what is another positive sign for the property market across the country, units rents have risen for the first time since the onset of COVID.
Read More » -
INDUSTRY NEWS
Real estate industry leaders weigh in on stamp duty reform
Industry leaders have provided official submissions on behalf of the real estate sector, discussing stamp duty changes and housing affordability.
Read More » -
INDUSTRY NEWS
School zones create a house price premium
New Domain research has found many school catchment zones continued to add a significant premium onto already spiking property prices across Australia.
Read More » -
INDUSTRY NEWS
Lockdown not a predictor of low national vacancy rates
While national vacancy rates remain steadily low in August, capital cities have seen varying rates that are not always congruent with their lockdown status, according to Domain.
Read More » -
News
Rental vacancy rates hit a milestone low
New Domain data shows national rental vacancy rates are the lowest on record.
Read More » -
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.
Read More » -
News
Canberra auction clearance rates reached record high in April
Domain has released its Auction Report for April, showing clearance rates in Sydney and Melbourne have declined slightly after the multi-year highs of the previous month.
Read More » -
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.
Read More » -
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.
Read More »