Search Results for: first home buyers
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INDUSTRY NEWS
One in five first home buyers take a year to buy a property
Tight supply and rapidly rising prices has seen many first home buyers taking over two years to purchase a property.
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INDUSTRY NEWS
The slowdown we had to have?
Australia's median house price increased by 32 per cent from March 2020 to December 2021, making it the fastest period of price growth we have ever experienced.
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OPINION
What buyers are looking for in the current market
Buyers are keenly aware that the property market in Sydney is currently changing.
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OPINION
Philip Webb: What I’ve learnt about real estate after 50 years in business
As Philip Webb Real Estate celebrates its 50th birthday this month, I have had the chance to reflect on how my journey into real estate, how Melbourne’s real estate industry has changed since 1972 and also the aspects that have remained the same.
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COMMERCIAL
Growing crane count suggests construction activity is on the rise
Construction activity across Australia continues to ramp up, with the latest Rider Levett Bucknall's Crane Index showing the first increase since prior to the pandemic in early 2019.
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INDUSTRY NEWS
First home buyers exceed their budget to get on the property ladder
Record high home prices and underquoting are forcing first home buyers to pay more than they expected with 37 per cent exceeding their budget.
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FEATURE INTERVIEWS
Adrienne Robinson: the recipe for success
From earning $2 an hour working at KFC to selling properties for First National Real Estate Homeway, Adrienne Robinson has come a long way in her career. Here, she shares what she learnt working for Colonel Sanders, why her most memorable sale was a derelict house and why you should never judge a book by its cover. What was your…
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SELLING + MARKETING PROPERTY
Samantha McLean: 33 ideas for real estate agents to grow your database and win more listings
Ask most real estate agents what their most common goal is, and they’ll likely give you the same answer: Lead generation and building a database that will generate listings and sales long into the future.
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SELLING + MARKETING PROPERTY
4 tips to better prepare for an open home
Despite the introduction of new technology like video tours, there’s no questioning the importance of a traditional open home.
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INDUSTRY NEWS
Knight Frank and Fred Schebesta examine how crypto, NFTs and the metaverse might shape Australian real estate
Global property consultancy Knight Frank has turned its attention to the rise of cryptocurrency, NFTs, and the metaverse, with the group joining forces with Finder founder and crypto investor Fred Schebesta to decode some of the Australian trends emerging and how they impact real estate.
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INDUSTRY NEWS
Property market records busiest start to winter in a decade
The Australian property market has started winter strongly, with new listing volumes reaching the highest June level in more than a decade.
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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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INDUSTRY NEWS
Perth sales activity jumps 20 per cent
Real estate sales activity in Perth surged 19.8 per cent during the 2021-22 financial year, according to the latest data from the Real Estate Institute of WA (REIWA).
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FRANCHISE NEWS
Area Specialist drives top results for Bayside duo
Brisbane agents Debbie Watkins and Ryan Connor say their partnership with fast-growing real estate network Area Specialist is powering them to their strongest sales results.
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INDUSTRY NEWS
The 10 Perth suburbs where house prices rose at least 26 per cent
Five of Perth’s top 10 price growth suburbs now saw their median house sale price soar above $1 million for the first time last financial year.
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Celebrity Homes
Christine Quinn lists $33.9 million Miami penthouse you can buy with crypto
Hot on the heels of leaving The Oppenheim Group and starting her own crypto-based brokerage RealOpen, Selling Sunset star Christine Quinn has listed a US$33.9 million penthouse.
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FRANCHISE NEWS
Century 21 increases presence in northern Melbourne suburbs
Century 21 is proud to announce the opening of their newest location in Wollert in the northern suburbs of Melbourne.
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Real Estate News
Another cash rate hike with more to come
The Reserve Bank of Australia has warned homeowners more interest rate rises will follow as they raised the official cash rate 50 basis points, to 1.35 per cent, at its monthly meeting today.
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FEATURE INTERVIEWS
Method in the madness: how and when to use a quirky marketing campaign
More than ever, agents are turning to quirky marketing videos in a bid to catch buyers attention and generate top dollar for their vendors. Kylie Dulhunty spoke with three agents about why jumping in pools and wakeboarding on rivers works.
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FEATURE INTERVIEWS
Team blossoms as part of global brand
After 20 years in the business, Anthony Ward knows the Adelaide real estate market like the back of his hand.
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FRANCHISE NEWS
How to sell in a boom year and still have time for the beach
Image Property Sunshine Coast's Nathan Christmas is coming off the back of a boom sales year in one of the country’s hottest real estate markets.
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Real Estate News
Lowest preliminary clearance rate in two years
The preliminary clearance rate has dropped to its lowest level in more than two years after auction volumes further declined this week.
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INDUSTRY NEWS
Home Guarantee Scheme expands to 40,000 places
Property market leaders have welcomed the expansion of the Federal Government’s Home Guarantee Scheme (HGS), but cautioned rising interest rates and inflation remained key issues for first-home buyers.
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INDUSTRY NEWS
Rising rates putting pressure on home prices
Brisbane property prices have fallen for the first time since April 2020, with rising interest rates dampening buyers' enthusiasm for purchasing.
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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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Real Estate News
Michael Pallier selected to sell Melissa Caddick’s Dover Heights home
Michael Pallier, of Sydney Sotheby’s International Realty has been appointed to sell conwoman Melissa Caddick’s Dover Heights property.
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INDUSTRY NEWS
Nearly 13 per cent of first home buyers are considering purchasing interstate
With property prices rising faster than buyers can save, one in eight first home buyers have said they are considering purchasing a home in another state to help them get on the property ladder.
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BEST PRACTICE
Claudio Encina: Become the hero in a changing market
Many vendors believe their situation is unique, yet everyone wants a solution that is proven to work to ensure they get the best price for their home.
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TECH + SOCIAL
Leadership panel: The tech that agencies can’t live without
The real estate industry has a wealth of technology at its fingertips, but what works in practice and how does it serve an agency’s needs? We put that question to our leadership panel, who offered an insight into the technology they use every day, and how they assess what’s likely to work for their organisation. Michael Choi – Area Specialist…
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Real Estate News
Drop in auction volumes sees clearance rate rise
Auction volumes fell across the combined capitals this week, largely driven by a drop in properties going under the hammer in Melbourne.
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INDUSTRY NEWS
Homeownership increasingly “out of reach” as average deposit hits $120,000
The surge in property prices has seen the hurdle to get into the property market get even higher with the average first home buyer deposit hitting $119,560.
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SELLING + MARKETING PROPERTY
Effortless conversion: Here’s how – through marketing that’s useful to your customer
Marketing is the process of helping potential customers find your business or service. We know people don't buy and sell homes continuously, so the process of hiring an agent frequently beings before the customer is even ready to make contact.
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Real Estate News
REIQ: State Budget misses the mark
The Real Estate Institute of Queensland has hit out at the State Government’s 2022-23 Budget, saying it is disappointed at the lack of action on housing affordability and accessibility.
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Real Estate News
NSW Budget helps certain sectors of the property market
The NSW Government’s stamp duty reform, shared equity scheme and housing infrastructure boost are all positive starts but don’t stretch far enough to make a meaningful, long-term impact on the property market, according to industry experts.
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INDUSTRY NEWS
Profitable resales drop for the first time in 18 months but buyer demand is still solid
The rate of profit-making resales across the Australian property market has fallen for the first time since August 2020, indicating conditions have reached a turning point.
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