Search Results for: first home buyers
-
Real Estate News
SA Budget misses chance to get empty nesters moving
The South Australian Budget has delivered a huge $17.9 billion in infrastructure, which was set to underpin the state’s robust real estate markets and future growth. However, Raine & Horne SA General Manager James Trimble said the Budget was a missed opportunity. Mr Trimble said Treasurer Rob Lucas should have encouraged empty nesters to downsize into smaller homes in Adelaide…
Read More » -
National
REIA urges Australians to use deposit schemes
Thousands of Australians have been given their first real chance to buy their own home.
Read More » -
Real Estate News
Home prices are rising globally, but can wages growth keep up?
House prices have been rising around the world at the fastest rate in 30 years, however some countries might run into problems if wages growth can’t keep up, an expert has warned. Asset management firm Franklin Templeton, notes house prices have been rising globally over the past 12 months, thanks to a combination of low interest rates and monetary stimulus.…
Read More » -
Real Estate News
Over 200 markets now in the million dollar property club
With property markets running hot across the country, a new report has highlighted that there are now 218 million-dollar areas across Australia.
Read More » -
NEW ZEALAND
New Zealand’s property market upswing is nationwide
CoreLogic New Zealand takes an in-depth look at suburb-level property data, revealing a surprising market upswing. Upmarket shopping district Herne Bay remains New Zealand’s (NZ) most expensive suburb with a median value of $3.16 million. However, in terms of value growth, cheaper areas reign supreme. Reflecting better relative affordability and easier access for a wider range of buyers, Manunui in…
Read More » -
FRANCHISE NEWS
New Laing+Simmons office opening in Sydney’s Rooty Hill
Laing+Simmons Mount Druitt have set up shop in the Western Sydney suburb of Rooty Hill. Headed by Jack and Basel Nahas, the new office will service the growing Rooty Hill, Eastern Creek, Plumpton and surrounding areas. It is set to offer a full suite of real estate services to the local community, including sales, property management, auction services, project marketing…
Read More » -
Real Estate News
Australia’s residential development market falls to a seven-year low
Just $4 billion of total residential site sales were recorded in 2020. It was well below the 2014 peak of $11.3 billion, according to Knight Frank’s Australian Residential Development Review 2021. The review also found the national apartment pipeline will drop over the next three years, with just 86,400 new apartments planned across Sydney, Melbourne, Brisbane, the Gold Coast and…
Read More » -
Real Estate News
Australian property is selling faster than ever
Demand for property across the country is higher than ever with the average days on market tumbling last month.
Read More » -
Real Estate News
Sales double in Perth suburbs as first-home buyer activity ramps up
New sales data reveals 10 Perth suburbs have more than doubled their sales volumes in the past year. The Real Estate Institute of Western Australia (REIWA) confirmed the March quarter saw strong sales growth across Perth. There was a 31 per cent increase when compared to the March 2020 quarter, but 10 suburbs stood out with more than 100 per…
Read More » -
Real Estate News
Australian homes selling faster than ever
New statistics reveal properties across Australia sold at record speed in May. The REA Insights Housing Market Indicators report showed the average number of days on-site fell to a historical low of 32 last month. The June 2021 report combined eight key metrics to provide an up-to-date view of the property market and emerging trends. These metrics include search activity,…
Read More » -
Real Estate News
Acreage property sells well above reserve in online auction
A 10-acre property in Somerville, Victoria has sold for $402,500 above the reserve, after fierce bidding through online platform Openn Negotiation.
Read More » -
Elite Agent
How to beat out the competition when winning listings
We are in a market where agents complain constantly about a lack of listings. Buyers are sheep-dogging over the top of each other to make first offers on a limited number of available properties. This means the struggle is not selling, but rather getting the stock on your books in the first place – and you are competing directly with…
Read More » -
Real Estate News
Home loan commitments hit record high
Owner-occupiers are fuelling a record high level of new loan commitments for housing.
Read More » -
FRANCHISE NEWS
Stone Real Estate opens Logan franchise
Real estate franchise network Stone is set to capitalise on the growth potential of Logan, Queensland, with a brand new office. Local agent Jason Savage will open the office in what is a strategic move in Stone’s expansion strategy. With a population of just shy of 350,000, Logan is located between Brisbane, Ipswich and the Gold Coast, with easy access…
Read More » -
Real Estate News
Australia’s housing and rental affordability declines
Overall rental and housing affordability has fallen in Australia in the March quarter, according to new data from REIA. The latest Real Estate Institute of Australia’s Housing Affordability Report has found housing affordability has improved in NSW and South Australia, remained steady in Western Australia and the Australian Capital Territory but it declined in Victoria, Queensland, Tasmania and the Northern…
Read More » -
Real Estate News
RBA leaves official cash rate at 10 basis points at June meeting
The Reserve Bank has again opted to maintain its current policy settings at its monthly Board meeting, including keeping the official cash rate at the historic low of 10 basis points.
Read More » -
Real Estate News
Belle Property opens North Lakes office following Bowmaker rebrand
Belle Property has officially launched a new office in Queensland’s Moreton Bay region, with Chris Bowmaker rebranding his real estate.
Read More » -
Thought Leaders Podcast
When is the right time to lead? Andrew Cocks
Richardson & Wrench managing director Andrew Cocks shares his insight into when an agent is ready to step into their own business, the support they need to transition, and the lessons he’s learned in a lengthy business career.
Read More » -
Real Estate News
Another way to transact property: Transactor teams up with Contracoin
Leading property communication and transaction platform, Transactor, has opened up new avenues by enabling the use of Contracoin: a blockchain real estate platform that allows buyers and sellers to rapidly transact properties anywhere in the world. Transactor, whose foundations are based on taking the friction out of property transactions with world-first innovations, has been quick to welcome the inception of…
Read More » -
Real Estate News
The lesson for Australia out of Victoria’s property tax hikes: two out of three ain’t bad
Victorian treasurer Tim Pallas’s three-pronged strategy to raise an extra $2.7 billion in property taxes over the next four years is a case of two out of three ain’t bad, writes Brendan Coates.
Read More » -
Elite Agent
Sam Gamon: Confidence and experience
As a fourth-generation real estate professional, Chisholm & Gamon director Sam Gamon grew up living and breathing the industry. This year marks two decades since Sam officially embarked on a career in real estate and as he tells Kylie Dulhunty, starting out in a difficult market prepared him well for some of the challenges of the past 12 months.
Read More » -
Real Estate News
News Corp Australia and CampaignAgent announce alliance
News Corp Australia has announced an alliance with real estate finance technology provider CampaignAgent.
Read More » -
FEATURE INTERVIEWS
Louise Barton: Rising to the challenge
After reaching the top of her game as an agent in her home country of Scotland, Louise Barton and her partner packed their bags and relocated to Australia four years ago. As the now Sydney-based Richardson & Wrench agent tells Kylie Dulhunty, change is good for the soul.
Read More » -
Real Estate News
Clearance rate inches higher after busy auction week
Auction volumes were down slightly on last week, but the preliminary clearance rate inched higher to 79 per cent, after 2892 properties taken to auction across the combined capitals. In comparison, the previous week saw 3016 homes taken to auction, returning a preliminary auction clearance rate of 78.6 per cent, which revised down to 77.2 per cent at final figures.…
Read More » -
Thought Leaders Podcast
How to improve your listing conversion rate: John Hellaby
John Hellaby of MarketBuy shares his expert insight into social media content that makes you the first agent people think of and overcomes two of the biggest listing presentation hurdles before you even walk through the door.
Read More » -
Real Estate News
Ray White Marsden principal Avi Khan opens new office at Daisy Hill
The team at Ray White Marsden, south of Brisbane, have just officially opened the doors of their new office after branching out into the nearby suburb of Daisy Hill.
Read More » -
Real Estate News
Australia’s hot housing market showing slight signs of cooling
Australia’s housing market may be showing signs of slowing down, with an increase in supply and a slight downturn in search activity, according to the latest REA Insights report.
Read More » -
Real Estate News
Key industry groups respond to big-spending Federal Budget
As the dust settles on the 2021-22 Federal Budget, some of Australia's key industry groups have weighed in with their responses.
Read More » -
Real Estate News
A Budget right for its time
There’s plenty for the property industry to like in the 2021 Federal Budget, not because of any specific measure but in the myriad provisions to keep cash and confidence flowing in our pandemic-constrained economy.
Read More » -
INDUSTRY NEWS
Federal Budget 2021-22 – Relevant points for real estate
The government has revealed a far more optimistic picture of Australia’s future in a Federal Budget that tackled everything from infrastructure to home ownership, and aged care.
Read More » -
Real Estate News
The Agency breaks six suburb records on Central Coast in two months
NSW’s Central Coast property market has been booming since COVID history last year and The Agency’s local team have been making hay while the sun shines, breaking a series of suburb sales records in 2021.
Read More » -
Real Estate News
Property positivity hits one-year low despite rising house values
House values are continuing to climb throughout the country but fewer than half of Australians believe now is a good time to buy property.
Read More » -
Real Estate News
Family Home Guarantee revealed as focus shifts to Federal Budget
Treasurer Josh Frydenberg has announced additional measures to support Australians seeking to secure their own home.
Read More » -
Real Estate News
A budget wish list for the real estate sector
As the countdown to the release of the Federal Budget begins, LJ Hooker Head of Research, Mathew Tiller, has put forward his wish list for the real estate industry. Mr Tiller said he hoped to see regional investment, an extension to HomeBuilder, and the opening of international borders among the measures announced on budget night in a bid to support…
Read More » -
Elite Agent
Manos Findikakis: Does your vision of the future excite you?
I must admit, I entered the real estate industry in 2003 with lots and lots of apprehension. I, like many who first start, had one foot in the door and the other out.
Read More »