Search Results for: Dr Nicola Powell
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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.
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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.
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Real Estate 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.
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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.
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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.
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Real Estate 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.
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Elite Agent
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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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Real Estate 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.
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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.
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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.
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Real Estate 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.
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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…
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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.
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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.
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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.
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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.
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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.
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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.
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Insights
Rental vacancy rates hit a milestone low
New Domain data shows national rental vacancy rates are the lowest on record.
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Thought Leaders Podcast
How to get editorial coverage for your listing: Alice Stolz
In this episode of the Elevate podcast, Domain managing editor Alice Stolz offers her unique insight into Australia’s ongoing love of property and how agents can harness it to create content that attracts media attention.
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Real Estate 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.
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Real Estate 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.
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Real Estate 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.
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Real Estate 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.
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Elite Agent
Regions show record price growth
House prices have hit a new record high across all Australian capitals with exceptions of Darwin and Perth.The Domain House Price Report for the December 2020 quarter released this morning also shows that outer city regions across the country saw record price growth as demand rose throughout COVID.
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Elite Agent
Lifestyle demand sees rental prices surge
A surge in Aussies moving to lifestyle destinations is causing a hike in rents, with it now costing more to lease a unit in Brisbane than in Melbourne.
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Thought Leaders Podcast
The 2020 property market in perspective: Dr Nicola Powell
In this episode of the Elevate Podcast, Domain senior research analyst, Dr Nicola Powell shares her expert insight into the 2020 property market.
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Elite Agent
Sydney house prices rise as units fall, marking largest price gap on record
Sydney housing prices took a massive tumble in the June quarter, losing close to $22,000 off the median price.
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