Search Results for: first home buyers
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Real Estate News
Virtual property inspections here to stay as on-line traffic continues to surge
The coronavirus may have permanently changed the way people buy and sell properties as buyers continue to embrace the convenience of virtual property inspections.
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Elite Agent
Stamp duty could soon be scrapped in NSW
The NSW Government has today announced they are "considering a once in a generation change" in stamp duty laws.
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Elite Agent
The housing sector is turning a corner: ANZ
After considering their initial view of a 10 per cent housing drop "too pessimistic", ANZ economists now feel that the housing market bottomed out last month, and will rise throughout 2021.
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Elite Agent
‘Pain before gain’ – Investors will return with the international students
“Investors who already own property and are suffering may want to hang in there for another six or 12 months."
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Elite Agent
How to build an online brand: Drew Davies
Over the past six years, the Place Estate Agents Ascot Director has built a solid online presence as Australia’s most-followed agent on Instagram.
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Elite Agent
Optimism returns to the property market: report
Positive sentiment has returned to the property market, according to ME’s latest Quarterly Property Sentiment Report.
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Real Estate News
Patrick D’Arrigo inaugural recipient of @realty’s new Allstar Award
@realty has created a new awards program to recognise its top performing agents.
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Elite Agent
Banks start accepting further First Home Loan Deposit Scheme applications
The Housing Industry Association (HIA) welcomes the news that banks will start accepting loan applications for the New Home Guarantee under the First Home Loan Deposit Scheme. "The emphasis on new builds and an increase on the price caps for new homes means that it has never been a better…
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Real Estate News
Cash rate cut will improve housing affordability – if banks get on board
The RBA's decision to cut the official interest rate to a historical low of 0.10 per cent will improve housing affordability.
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Real Estate News
A fifth of Aussies in a better position to buy a house thanks to COVID-19
A fifth of Aussies in a better position to buy a house thanks to COVID-19 New research has revealed around half of Australians are planning home ownership within the next year, but what they are looking for in a new home is shifting as a result of COVID-19. “The CUA…
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Real Estate News
Over 96% of First Home Loan Deposit places have already been filled
The First Home Loan Deposit scheme allows buyers to purchase a property with just a five per cent deposit and without buying mortgage insurance, but the party is coming to an end.
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INDUSTRY NEWS
Auction markets continue to strengthen
As Victoria returns to in-person auctions, the market is gaining moment, with a surge in Melbourne listings contributing to 1456 capital city homes taken to auction this week. The figure is the highest volume of auctions seen since early April, while the clearance rate also proved strong, with preliminary data…
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Real Estate News
Tassie market activity at pre-COVID levels, as sales rise almost 40 per cent
The Real Estate Institute of Tasmania have delivered an extremely postivie September Quarterly report, which confirms that market activity has returned to pre COVID-19 levels.
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Real Estate News
Why more housing stimulus will be needed to sustain recovery
In response to the COVID-19 recession, federal, state and territory governments quickly provided support to the housing industry for two reasons. First, to safeguard jobs and, second, because investment in the housing and construction industries has a high economic multiplier effect. However, new research released today shows further housing stimulus measures will be essential to help drive an economic recovery into 2021…
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Elite Agent
How to get the best auction results: Damien Cooley
With the Victorian real estate industry now able to host in-person auctions, we thought it was the perfect time for a refresher course, courtesy of superstar auctioneer Damien Cooley, who shared his knowledge last July on the Elevate podcast. Damien Cooley is amazed at how many auctioneers actually don’t use a hammer. He notes it’s one of his most important…
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Elite Agent
New Zealand sees flood of first home buyers over September quarter
First Home Buyers made up a quarter of the total property purchases in New Zealand during the September quarter, according to figures from CoreLogic.
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Elite Agent
The full impact of HomeBuilder is now evident: HIA
The full impact of HomeBuilder is now evident with sales now 11.8 per cent higher compared to last year. HIA
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Real Estate News
Better Homes and Gardens Real Estate opens on the Gold Coast
The growth momentum continues for Better Homes and Gardens Real Estate with the opening of their latest office in the coastal suburb of Runaway Bay, QLD.
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Elite Agent
First home buyer loans hit 11-year high
"The short-term stimulus from HomeBuilder is emerging in the housing finance data released by the ABS today."
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Real Estate News
Budget is great news for real estate – if forecasts become reality: REIA
The Real Estate Institute of Australia has said that the critical Budget 2020 has provided an encouraging outlook for all players in the Australian property market. President of REIA, Mr Adrian Kelly, said that despite the challenging and unprecedented events of 2020 with a deficit of $210 billion, Budget 2020…
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Real Estate News
2020 budget breakdown
It’s been touted as the most important Federal Budget since the end of WWII, and its aim is to mitigate the disastrous economic impact of Covid-19 while spurring on the Australian economy. Here’s what was delivered as part of the belated Federal Budget for 2020, and how it’s set to impact real estate… Tested like never before “In 2020 Australians…
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Elite Agent
What the Federal Budget means for real estate
"We have a plan to create jobs, rebuild our economy and secure Australia’s future," said PM Scott Morrison, hours ahead of announcing the Federal Budget.
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Elite Agent
Leading a franchise during a pandemic
We all watched in horror as Wuhan in China was consumed by the Coronavirus (later renamed COVID-19) in the first few months of 2020. We saw the chaos, the heartbreak, the overwhelmed hospital system and what looked perilously like a breakdown of society. By early March it was evident that…
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Elite Agent
First Home Loan Deposit Scheme is flawed: REIA
Changes to the Australian Government's First Home Loan Deposit Scheme that allocate 10,000 new grants only to those who purchase new or newly-built homes ignore the reality of the market, according to REIA.
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Real Estate News
Clearance rate down slightly as volume decreases due to long weekend
Clearance rate down slightly as volume decreases due to long weekend Auction volumes were lower this weekend, as much of Australia enjoyed a public holiday, and that saw the clearance rate also slip marginally to just under 70 per cent CoreLogic reports 657 homes were taken to auction, down from…
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Real Estate News
Belle Property expands Victorian footprint with three new offices
Belle Property has launched three new offices in Victoria. Belle Property Daylesford, helmed by Principals Will Walton and Peter Douglas, has launched into Trentham, extending the brand’s reach across the Hepburn Shire region. Meanwhile industry veteran Peter Julian has opened two offices servicing the Surf Coast region with Belle Property Geelong and Belle Property Torquay. Dovetailing with lockdown restrictions easing…
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Elite Agent
Perth rental listings hit eight-year low
Rental listings in Perth continued to drop in September.
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Elite Agent
Queensland’s property market defies pandemic predictions
Queensland’s real estate market has overcome predictions of property price falls as a result of the COVID-19 pandemic.
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INDUSTRY NEWS
Auction clearance rate holds above 70 per cent
The preliminary clearance rate continues to defy expectations, holding above 70 per cent for the second week in a row. Hot on the heels of the highest preliminary clearance rate since the beginning of the pandemic last week, this week 70.5 per cent of the auctions so far reported appear…
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Elite Agent
Carole Saville – Service is key
Years in the industry? Just over six years.What’s a special place in your local area? My focus area is Kingsley – a lovely family friendly suburb which boasts so much beautiful parkland. There’s some excellent walks in the area, my favourite being around Lake Goollelal. We are privileged to still have a drive-in movie, the Galaxy Drive In Movie, which…
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Elite Agent
Highest preliminary clearance rate since March
With Melbourne still out of the picture, the remaining capitals have clocked up their highest combined preliminary clearance rate since March, coming in at 72.4 per cent. This is well above last week’s preliminary success rate of 67.3 per cent, which later revised down to 63.0 per cent at final figures, while CoreLogic notes this time last year, a final…
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GUEST INTERVIEWS
How smart tech can supercharge lead generation
This episode of the Elevate podcast is brought to you by Connect Now Alex Ouwens is co-founder of Ouwens Casserly Real Estate, better known as OC. Helmed by Alex and his business partner Nathan Casserly, OC…
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Elite Agent
Will Torres: Value your worth as an agent
Years in the industry? 16 years What’s a special place in your local area? My office. It’s my second home. Other than that, I love to visit property at the high peaks of Coorparoo that show off the epic Brisbane city view. Did you choose real estate or did real estate choose you? We chose each other. I thought I would jump (blindly)…
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Elite Agent
The harder the lockdown the faster the property market recovery?
The harder the lockdown, the greater potential for swift property market recovery. That’s the major takeaway of a Domain webinar that was recently delivered by Senior Research Analyst, Dr Nicola Powell, and Domain National Managing Editor, Alice Stolz, who took a deep dive into what’s happening in Victoria. Covering topics like consumer sentiment, online search behaviour and global trends, Dr…
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