Search Results for: first home buyers
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Real Estate News
Slow start for New Zealand property prices in 2024
The average value of a property in New Zealand had risen to $934,806 following a 0.5 per cent increase in the CoreLogic House Price Index in March.
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Real Estate News
The roaring regions: affordable havens for first-home buyers
Australia is now officially a “million-dollar country”, with a median capital city house price of $1.005 million, but there are still some council areas where first-home buyers have a shot at owning their own home.
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Real Estate News
Women’s home buying resilience outshines singles market dip
The number of single people purchasing homes is falling, but becoming more evenly matched by gender.
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INDUSTRY NEWS
Inflation remains steady, but rate cut hopes remain
The Consumer Price Index (CPI) remained unchanged at 3.4 per cent in the 12 months to February, however, experts believe rate cuts are still coming.
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INDUSTRY NEWS
Service station sales slow as EVs use expands
With the use of electric vehicles (EVs) on the rise, there are concerns about the future of service stations, with new data showing sales have slowed this year.
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INDUSTRY NEWS
The best Australian warehouse conversions on the market right now
Sitting in the living room of 27 Woodstock Street, Balaclava, you'd be forgiven for thinking you were in the middle of Manhattan.
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Real Estate News
Australian property market sees a surge in profitability
Even though transaction volumes increased at the end of 2023, the level of loss-making sales dropped to just 5500, according to the latest figures.
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Elite Agent
Nick Brown: Why PMs shouldn’t fear the words “break lease”
The term we hear so often in our day-to-day life as a property manager (PM) is “break lease”.
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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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INDUSTRY NEWS
Calls to extend first home owner grant to established homes in WA
The Western Australian government needs to extend the First Home Owner Grant (FHOG) to established homes to help ease pressure on the construction industry and get more young people into their own property.
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INDUSTRY NEWS
The Sunshine State tops the list for investors chasing yield
Queensland is shaping up as a top investment location for investors searching for a combination of high yields and growth potential.
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INDUSTRY NEWS
Numbers ‘not adding up’ for New Zealand investors
Despite rising rents in New Zealand, investor yields are still lagging behind mortgage repayments, forcing ‘Mum and Dad investors’ to reach into their own pockets to make up the shortfall.
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Elite Agent
Expanding horizons: The Agency’s formula for cultivating real estate talent
Like the ripples that form when a pebble is dropped in a lake, The Agency’s presence across Australia is expanding.
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Real Estate News
Interest rates on hold as RBA says economic outlook remains ‘uncertain’
The Reserve Bank of Australia has opted to keep interest rates on hold at 4.35 per cent at its March meeting, highlighting that the economic outlook remains uncertain, despite a recent drop in inflation.
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Real Estate News
Buyers given chance to assess a home’s climate risk on property portal
A major US property portal has given buyers the ability to assess prospective property purchases according to how at risk they are for fire, flood and from extreme heat, air quality and wind.
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Movers and Shakers
First National name their top performers in QLD
First National Real Estate has highlighted its best performers for the past 12 months, with Ryan McCann from FN Cleveland named the Magnificent 7 - No.1 Salesperson of the Year.
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Movers and Shakers
REIA names the finalists for National Awards for Excellence
The Real Estate Institute of Australia (REIA) has named the finalists for this year's National Awards for Excellence, highlighting those in the industry who are leading from the front.
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Real Estate News
What sellers want in a real estate agent
Today’s sellers want a real estate agent that will work hard to get the best outcome for them and who is confident they can achieve the best price.
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CONTRIBUTORS
House prices have accelerated fast in 2024
It has been a strong start to 2024 for Australian housing markets, with house prices already up 2.2 per cent.
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INDUSTRY NEWS
Tiny Sunshine Coast cottage gets 104 bids at auction
A tiny Sunshine Coast cottage, that looks like your grandma’s house, received a staggering 104 bids at action during the week.
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Real Estate News
New housing lending continues to drop
The value of new housing lending fell in January for the second consecutive month, according to the latest ABS Lending Indicators.
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INDUSTRY NEWS
Housing affordability has reached the lowest level in 20 years
Housing affordability is at its lowest level in 20 years, with interest rate increases putting homebuyers under extreme pressure, according to a new report.
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Movers and Shakers
Kelly Qualtrough makes the move to Ray White One Group
Top agent, Kelly Qualtrough has moved to Ray White One Group, where she will look to increase her presence across Everton Park.
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INDUSTRY NEWS
Queensland and Victoria hold property investment gems
Investors should look towards Queensland, Victoria and Sydney’s west, where tight supply and steady demand are likely to put upward pressure on prices according to new research.
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INDUSTRY NEWS
Building approvals can’t keep up with record immigration
Australia’s record level of immigration is outpacing new construction which means the housing crisis is only going to get worse according to an expert.
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Celebrity Homes
Kylie Jenner slashes price on Beverly Hills mansion
Kylie Jenner and Travis Scott have reduced the asking price of their opulent Beverly Hills mansion in an effort to find a buyer, having faced challenges in selling the property for more than a year.
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INDUSTRY NEWS
Perth buyers forced to turn to units as market remains tight
Tight stock and strong competition are forcing Perth buyers to turn to units according to The Real Estate Institute of Western Australia (REIWA).
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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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INDUSTRY NEWS
Queensland house prices jumped 3.88 per cent last quarter
The Queensland property market continues to go from strength to strength with new data showing house prices rose 3.88 per cent last quarter.
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Celebrity Homes
Freddie Mercury’s former London home hits the market
The former home of the legendary Freddie Mercury, Garden Lodge, has been placed on the market.
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Real Estate News
Stable inflation sparks optimism for the RBA’s next move
Industry experts are quietly confident the Reserve Bank of Australia will leave interest rates on hold when it next meets, with inflation holding steady.
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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
Buying Boost turns homeowners dreams into reality
Would-be homeowners currently locked out of the real estate market, due to not being able to save all of the deposit, now have a way of buying a home.
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Elite Agent
Curiosity fuels innovation: 30 minutes with REA Group’s Nathan Gallagher
Nathan Gallagher’s mantra in life, and at work, is “always be curious”.
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Movers and Shakers
Marshall White rebrands as it looks to the future
Melbourne real estate group Marshall White has updated their brand while still highlighting the classic castle logo that is synonymous with the company.
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