Search Results for: first home buyers
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BEST PRACTICE
How top agents sell elite properties
When Sydney Sotheby’s International Reality Managing Director Michael Pallier listed this Point Piper waterfront mansion, he took an approach to marketing that was as unique as the property itself. Edgewater, on Wolseley Rd, sold for an eye-watering $95 million, showing it was a was a marketing approach that worked, and should be applied to most elite sales, according to Mr…
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Real Estate News
Metro Adelaide sets new record for median price
Metropolitan Adelaide has recorded a record-breaking median price increase of 13.82 per cent year-on-year, up 3.7 per cent from the previous quarter, according to new data. The new median price for the region has climbed to $560,000, which is also a record, the data revealed. The Real Estate Institute of South Australia’s Valuer-General’s price data for the 2021 September quarter…
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INDUSTRY NEWS
Cash or crypto: vendors accepting Bitcoin ‘a natural progression’
A unique sprawling property, including a beach-house, studio and its very own island, has been listed for sale, with buyers offered the choice of cash or cryptocurrency when it comes to making payment.
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Real Estate News
Auction volumes up 79.4 per cent since early October
High auction volumes continued this week, rising 8.2 per cent on the week prior to see 3562 properties go under the hammer. CoreLogic tips this weekly increase in volumes is likely to continue now lockdown restrictions have eased in Sydney, Melbourne and Canberra, with auction volumes increasing by 79.4 per cent since the first week of October. “With each week…
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Real Estate News
Average NZ home value tops $1 million
Lockdowns have done little to dampen buyer demand in New Zealand where house values have reached a new high.
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OPINION
A buyer’s agent’s top property predictions for 2022
With the economy taking a brutal beating this year, many Australians have been sitting cautiously watching and waiting to see what the impact will be on the property market before making any big moves.
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OPINION
Why border closures aren’t the only cause of rising house prices
Many property experts point to COVID-19 border closures to explain skyrocketing house prices, while economists claim historically low interest rates are the key driver.
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INDUSTRY NEWS
NZ First Home Buyers hit record market share
Despite tough market conditions and rapidly rising house prices, first home buyers in New Zealand have hit record high market share.
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INDUSTRY NEWS
The 20 housing markets to watch around Australia
Queensland suburbs have taken out the top three spots in the Well Home Loans Green Shoots Report, which identifies the top 20 Australian suburbs likely to experience strong growth in 2022.
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INDUSTRY NEWS
Sydney’s next $2 million median suburbs revealed
With house prices rising across Sydney at more than 20% per year and with the median house price of around $1 million, the next barrier for many suburbs will be the $2 million mark.
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INDUSTRY NEWS
New Zealand property value bounce back likely to be temporary
House prices in New Zealand recorded a mini bounce back in October with values up 2.1 per cent over the month. It was the first time in six months that price growth sped up, according to the CoreLogic House Price Index, after September recorded a monthly growth rate of 1.4 per cent. The average value of a property in New…
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Real Estate News
Clearance rates begin to fall as auction volumes remain high
Auction volumes remain high with 3276 homes taken to auction across the combined capitals this week, resulting in a preliminary clearance rate of 76.1 per cent. CoreLogic has reported that continued high volume has led to a steady decline in the clearance rate over recent weeks, with the success rate trending lower since its peak of 83.2 per cent on…
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Real Estate News
Industry offers recommendations to address housing supply
Both the Real Estate Institute of Australia and the Property Council have offered their take on how to address Australia’s housing supply shortage.
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INDUSTRY NEWS
More choice expected for home buyers
Following a lengthy period of demand far exceeding supply, home buyers can expect more choice over the coming months, with rising auction volumes and thousands of new listings across most of the country, as COVID-19 restrictions ease.
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CONTRIBUTORS
Things to consider when buying or selling a rent roll
The rent roll market is a hot one, with demand far exceeding supply. So, whether you’re looking to buy or sell a rent roll, you better have your ducks in a row, says legal strategist and founder of O*NO Legal, Kristen Porter.
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INDUSTRY NEWS
Sydney house prices to reach new heights in 2022
House prices are expected to surge as domestic borders open and international travel resumes, according to experts surveyed by financial comparison site, Finder.
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INDUSTRY NEWS
Regional property markets predicted to outperform capital cities in 2022
Regional property markets will be the ones to watch in 2022, according to Canstar’s inaugural Rising Stars Report, which identifies the top suburbs for future price growth.
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INDUSTRY NEWS
RBA keeps cash rate on hold but rise likely in 2023
Despite a rise in inflation, the Reserve Bank of Australia has again opted to keep the official cash rate on hold at 0.1 per cent, issuing an optimistic forecast for the economy over the coming months.
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INDUSTRY NEWS
Housing affordability declines as investors flock to COVID-free states
New loan commitments for housing have fallen, particularly in COVID-ravaged states, as housing affordability continues to decline.
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FEATURE INTERVIEWS
Josh Morrissey on why real estate is all about enjoying the ride
When Josh Morrissey started HIVE Property Canberra he wanted to create a fresh agency that ditched "cookie-cutter" real estate. Now, three years on, the agency is setting record after record.
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Real Estate News
Clearance rate slips below 80 per cent as auction volumes surge
This week again proved busy for auctions, with CoreLogic tracking 3524 auctions across the major capitals.
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INDUSTRY NEWS
New Zealand’s hot property market starting to slow down
New Zealand’s property market may see a mini bounce back in the final two months of 2021, but conditions for a sustained upswing are unlikely to materialise, according to an industry data provider.
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INDUSTRY NEWS
Residential land in high demand across Australia
Vacant land is one of the hottest commodities in residential real estate at the moment with some blocks increasing in value 45 per cent in just five months.Â
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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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Elite Agent TV
Tom Ferry: Four creative hacks to get more listings
YouTuber and real estate coach Tom Ferry has revealed his top four 'no-brainer' hacks to generate listings, which focus on convincing homeowners to show their intent to sell.
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INDUSTRY NEWS
Five key pillars to identify growth suburbs
With property market around the country growing at a rapid rate, one property expert has urged buyers to look beyond the headlines and focus on ‘micro factors’ that impact property growth.
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INDUSTRY NEWS
Sydneysiders take the longest to save a house deposit
Sydney continues to be Australia’s least affordable property market, with new data suggesting it takes up to 18 years to save a deposit in many blue-chip locations.
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Elite Agent
Second busiest auction week of the year as 3033 properties go under the hammer
This week proved the second busiest auction week of the year, with CoreLogic reporting a preliminary clearance rate of 81 per cent after 3033 properties went to auction across the combined capitals.
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INDUSTRY NEWS
Rising rents push New Zealanders to buy
Signs that rental growth has accelerated sharply across New Zealand is leading many people to look at buying.
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INDUSTRY NEWS
Just 35 per cent of Aussies would buy property in the current market
Almost two thirds of Australians believe now isn’t the right time to buy property, according to new research by financial comparison site, Finder.
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Celebrity Homes
Cricket legend Don Bradman’s family retreat hits the market
The family retreat of Australian cricket iconic Don Bradman has hit the market in what is already garnering plenty of attention by cricket tragics from around the world.
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INDUSTRY NEWS
Queensland named number one property investment location
A new report has highlighted Queensland as Australia’s number one property investment location.
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Real Estate News
Auction volumes rising as clearance rate tops 80 per cent
Auction volumes are continuing to increase, with CoreLogic reporting a preliminary clearance rate of 81.8 per cent after 2920 properties were taken to auction across the combined capitals.
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INDUSTRY NEWS
The ‘rightsizing’ boom is putting pressure on luxury supply
Sales of luxury apartments are booming and there are growing concerns that supply is going to get increasingly tight.
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INDUSTRY NEWS
REINSW answers the big questions on real estate’s roadmap to reopening
The Real Estate Institute of NSW (REINSW) has sought to clarify some of the confusion as the industry returns to work after prolonged lockdowns.
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