Search Results for: first-home buyers
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INDUSTRY NEWS
Rate cuts fuel price growth but fail to improve affordability
Australia's property market ended 2025 with renewed confidence as interest rate cuts boosted buyer activity, but affordability remains a significant challenge across all major cities.
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Agent Stories
Top-floor studio apartment snapped up before auction in Bondi Junction
A top-floor studio apartment at 521/29 Newland Street, Bondi Junction, has sold prior to auction for $430,000 after just 14 days on market, led by Nicholas Armstrong-Smith. The result came from a multi-layered campaign combining the agency’s advertising right next door to the property, a curated database of investors and first-home buyers, and comprehensive digital marketing that generated 2,800 views…
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INDUSTRY NEWS
APRA moves to cap high DTI lending as investor borrowing rises
APRA will introduce a limit on high debt-to-income home loans from February, aiming to prevent a lift in financial system risks as investor borrowing strengthens and housing credit growth moves above its longer-term average.
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QLD Real Estate News
Queensland’s housing shortage keeps prices climbing
Queensland’s housing shortage is continuing to push prices higher, with new REIQ data showing quarterly growth across every major market. House and unit medians climbed again in the September 2025 quarter, and regional areas delivered some of the state’s strongest results. REIQ CEO Antonia Mercorella says sustained supply constraints are placing mounting pressure on buyers and warns that improving housing…
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INDUSTRY NEWS
Inflation rises to 3.8% as housing costs and electricity drive monthly CPI higher
Australia’s first full Monthly CPI release shows inflation rising to 3.8 per cent in the year to October, up from 3.6 per cent in September. Housing remains the biggest contributor, driven by a 5.9 per cent annual increase and sharp rises in rents, new dwellings and electricity costs. ABS head of prices statistics Michelle Marquardt says the shift to monthly…
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Movers and Shakers
Ellis Schofield: Market knowledge drives success in Frankston
Ellis Schofield's obsession with market data and negotiation skills has helped him build a thriving real estate business in Melbourne's Frankston area, where he now enjoys greater freedom and higher earnings after joining Area Specialist.
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Real Estate News
Home prices to hit new highs in 2026 as first-home buyer demand intensifies: Domain
New forecasts suggest house prices will keep rising across the capitals in 2026, with first-home buyers, investors and renters all facing another year of tough competition.
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INDUSTRY NEWS
European property market gains momentum as interest rates fall
Europe's housing market is experiencing renewed momentum in 2025, with falling interest rates and persistent supply shortages driving prices higher across the continent.
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INDUSTRY NEWS
49 suburbs see house prices grow at triple the national rate
House prices in 49 suburbs across Australia's capital cities have grown more than three times faster than the national average over the past year, highlighting pockets of exceptional demand in the property market.
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PROSPECTING + LISTING
How to build a listings-first business with geo farming
Craig Duran has built a listing-first business model that has vendors calling him directly, thanks to his unique approach to geo-farming.
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Just Sold
Camillo house draws 10 offers in nine-day private treaty campaign
A three-bedroom home at 17 Hemingway Drive, Camillo sold for $705,000 in just nine days, after 10 competing offers were managed through a strategic private-treaty campaign led by Carol Tuckett of Sherlock Homes Group. The result materially outpaced the local market, where three-bedroom houses typically take 24 days to sell with a $580,000 median, according to Domain data. Carol attributed…
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INDUSTRY NEWS
RBA holds fire on rates as market momentum carries into summer
Despite no rate cut from the RBA, buyer confidence remains strong. Steady rates, tight stock and resilient demand are keeping the property market active as Australia heads into summer.
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INDUSTRY NEWS
Property investors reach record share of mortgage market
Property investors now hold their largest share of the mortgage market since records began, signalling a significant shift in Australia's property landscape.
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INDUSTRY NEWS
New Zealand property values show signs of recovery
Property values in New Zealand have increased for the second consecutive month, signalling what could be the early stages of a market recovery.
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INDUSTRY NEWS
Gold Coast unit prices surpass Sydney
Gold Coast unit prices have overtaken Sydney's for the first time, marking a significant milestone for the Queensland coastal market that was once considered an affordable alternative to Australia's largest city.
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INDUSTRY NEWS
Home loan intentions climb as Australians embrace property
Australian consumers are increasingly focused on property purchases, with home loan intentions jumping 46 per cent in just eight months, according to new research data.
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INDUSTRY NEWS
Nearly 100 Australian suburbs achieve decade of double-digit growth
Australia has 98 suburbs where house prices have consistently risen by at least 10 per cent annually over the past decade, with regional areas outperforming capital cities.
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INDUSTRY NEWS
One in three Australian property markets now worth $1 million plus
The once-exclusive million-dollar property club has reached a record high, with one in three Australian property markets now commanding a median value of $1 million or more.
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Celebrity Homes
Sooshi Mango’s Joe Salanitri lists much-loved Mount Waverley home
Sooshi Mango’s Joe Salanitri is parting ways with the Mount Waverley home that’s been at the heart of his family life for the past decade - the place where his children were born, neighbours became friends, and even a dash to the hospital turned into a feel-good local story.
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FRANCHISE NEWS
Brendon Heenan brings award-winning expertise to One Agency
One Agency Select Realty has announced that Mr Brendon Heenan, one of the Kapiti Coast's most distinguished and recognised real estate professionals, has joined its ranks.
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INDUSTRY NEWS
Apartment market booms as government expands home guarantee scheme
Australia's apartment market is experiencing a resurgence, with units now accounting for 42 per cent of all property transactions nationwide
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BEST PRACTICE
Cracking the deposit code: What agents and brokers need to know about first-home buyers
Agents are about to gain a powerful new way to bring first-home buyers back into the market. Buyers can purchase with just five per cent down - no Lenders’ Mortgage Insurance (LMI), no income caps and higher property price limits nationwide. Understanding and explaining these changes could turn hesitant prospects into active clients and keep your pipeline moving.
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INDUSTRY NEWS
Experts weigh in as RBA holds rates steady at 3.6%
The Reserve Bank of Australia has paused after three rate cuts this year, holding the cash rate at 3.6% as experts weigh in with commentary on tight labour markets, rising home prices and scarce housing supply, factors they say shaped the decision and will influence the market through spring.
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INDUSTRY NEWS
First Home Guarantee to slash years off saving time for first-home buyers
Aspiring homeowners could shave years off the time it takes to save a deposit, with the expanded First Home Guarantee (FHG) coming into effect on 1 October 2025. New analysis from Domain shows the changes — including higher price caps — will make it dramatically faster for eligible first-home buyers to enter the market with as little as a five…
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INDUSTRY NEWS
TikTok reveals a new generation of first home buyers: strategic, savvy and investment-minded
The stereotype of first home buyers being locked out of the market is missing the bigger picture. Fresh analysis of TikTok’s trending content shows young Australians are far from passive or uninformed — they’re treating property as a calculated wealth-building move. Over just 30 days, thousands of posts under top hashtags such as #propertyinvestment, #homeloans and #rentvesting reveal an audience…
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INDUSTRY NEWS
Queensland property prices continue to soar
Queensland's residential property market continues to strengthen with impressive growth across the state, pushing up entry-level prices and making life challenging for first-home buyers.
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INDUSTRY NEWS
Expanded Home Guarantee Scheme to open doors for more first home buyers
Australia’s first home buyers will soon have access to a much wider range of suburbs, with the federal government’s Home Guarantee Scheme set for major expansion from 1 October, lifting price caps and scrapping eligibility limits to open the door for more buyers.
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FEATURE INTERVIEWS
How Luke Saville sold 25 apartments using TikTok and Instagram
Melbourne agent Luke Saville has turned TikTok and Instagram into powerful sales channels, selling 25 apartments in just 12 months, often before listings ever reach the portals. By meeting first-home buyers where they spend their time, he’s cutting vendor marketing costs, speeding up sales, and showing how social media is fast becoming an essential tool for real estate.
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INDUSTRY NEWS
“Affordable” homes vanish as housing burden deepens for young Australians
First-home buyers are being squeezed harder than ever, with entry-level homes rising faster than premium properties, deposits now taking more than eight years to save, and mortgage repayments hitting a 20-year high, new Domain data shows.
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INDUSTRY NEWS
Melbourne dominates PropTrack CommBank First Home Buyer Report 2025 hotspots
First-home buyer activity is rising even as affordability hits a three-decade low, with Melbourne emerging as the nation’s biggest hotspot.
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INTERNATIONAL
Ras Al Khaimah and Ajman emerge as key entry points for expat buyers
Expatriates entering the UAE property market for the first time are broadening their horizons beyond Dubai, with new data from Property Finder showing Ras Al Khaimah, Ajman and Abu Dhabi communities rising in appeal. The findings suggest a growing appetite for affordability, liveability and rental yield potential in secondary emirates - an important signal for agents, developers and investors positioning…
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Movers and Shakers
Professionals Real Estate expands with new Kallangur office
Professionals Real Estate has strengthened its presence in Queensland's rapidly growing Moreton Bay region with the opening of a new office in Kallangur, coinciding with the group's major business transformation and national rebranding.
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OPINION
Styling versus renovating: What adds the most value before selling?
Professional styling offers homeowners a higher return on investment than pre-sale renovations, costing a fraction while significantly impacting buyer emotion and marketing appeal. For most properties, strategic styling can mask dated features, maximise perceived space, and create emotional connections- all without the delays and financial risks of major renovations.
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INDUSTRY NEWS
HIA Chief Economist says ending LMI will lower home prices over time
HIA Chief Economist Tim Reardon says the Federal Government’s decision to scrap Lenders Mortgage Insurance for first home buyers will push prices up in the short term but ultimately lower rents, boost housing supply, and improve affordability over the next three to six years.
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INDUSTRY NEWS
Government pauses code changes to speed up home building
The Albanese Government has moved to ease Australia’s housing crisis by pausing further changes to the National Construction Code until 2029 and fast-tracking approvals for thousands of new homes, in reforms welcomed by industry but criticised as only a first step toward fixing chronic undersupply.
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