Search Results for: first-home buyers
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INDUSTRY NEWS
Domain’s December 2024 House Price report: insights across Australia’s capital cities
Australia’s property market experienced a mix of resilience and deceleration in the final quarter of 2024.
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Real Estate News
Brendan Langley: building success through community connection
When Brendan Langley walked into his first real estate induction, he was told only two people out of 120 would still be in real estate after a year.
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INDUSTRY NEWS
Darwin and Melbourne the top property picks for 2025
A new report has identified some unexpected hotspots, with Darwin and Melbourne leading the way as top investment locations for 2025.
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INDUSTRY NEWS
Houses outperform apartments in New Zealand
House prices have shown stronger growth compared to apartments over extended periods, with land value playing a crucial role in the difference, according to new data.
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INDUSTRY NEWS
Blue chip New Zealand property outperforms
New Zealand’s high-end properties and certain regional areas are showing strength and outpacing much of the broader market, according to new data.
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INDUSTRY NEWS
Sydney suburbs show strong growth potential despite a slowdown
A number of suburbs in Sydney continue to show resilience and growth potential, even with prices slowing down across the city.
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OPINION
2024 property market insights: lessons learned and trends to watch in 2025
As 2025 fast approaches, Michelle May predicts several significant trends that will shape the property market.
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INDUSTRY NEWS
Singles can’t afford to rent in New Zealand
Singles in New Zealand are not living the ‘Carrie Bradshaw’ life, with new analysis showing that no region in New Zealand meets the affordability threshold for single renters.
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INDUSTRY NEWS
Key opportunities for agents as buyer behaviour shifts: REA survey
The great Australian dream of home ownership is alive ... but it's evolving.
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INDUSTRY NEWS
Why agents need to ramp up their social media game
Industry experts Steve Carroll and Melanie Hoole explain why authenticity, strategic content, and paid advertising are game-changers in real estate marketing
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INDUSTRY NEWS
Labor backs housing supply boost, steers clear of negative gearing reform
A new poll found respondents favoured land release for development over changes to negative gearing.
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CONTRIBUTORS
How I sold it: from contract collapse to digital win
Julie Hodgson has had some tough sales in her real estate career, but perhaps none more so than 6 Blackbourn St, Granville.
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Real Estate News
Australia faces record low housing affordability, new report reveals
Australia is experiencing its worst housing affordability crisis on record, according to the PropTrack Housing Affordability Report for 2023-24.
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INDUSTRY NEWS
REIQ supports the Federal Government’s push for stamp duty reform
REIQ CEO Antonia Mercorella: "Stamp duty presents a considerable barrier to those wanting to buy their first home."
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INDUSTRY NEWS
Help on the way for first-home buyers
The Property Council of Australia is presenting policy ideas to the Government that will support homeownership for younger Australians while also boosting housing supply.
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INDUSTRY NEWS
Housing affordability reaches worst level on record
Housing affordability in Australia has deteriorated to its poorest level since records began, according to a new report.
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INDUSTRY NEWS
Affordable options still available for buyers with a small deposit
Despite rising property prices, there’s still hope out there from buyers with a deposit under $100,000.
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INDUSTRY NEWS
Buyers take the lead as listings surge
Buyers are back in the driver's seat with surging property listings across the country providing more opportunities and reduced competition.
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INDUSTRY NEWS
Markets predicting four rate cuts next year
Financial markets are pricing in four interest rate cuts in 2025, potentially bringing some relief to struggling Australian mortgage holders.
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INDUSTRY NEWS
First home buyers forced to adapt amid rising costs
First home buyers are increasingly purchasing properties alone or using government-backed schemes to enter the property market, as rising costs make it harder to buy.
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Real Estate News
Units are now outpacing houses in Australia’s property boom
In the past three months, an unexpected trend has emerged in Australia’s property market: apartment prices have surged ahead of house prices in nearly all capital cities, with the exception of Darwin and Canberra, where abundant housing supply has tempered growth.
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Real Estate News
Buyers’ optimism grows, but affordability challenges slow property searches
Prospective buyers feel positive about entering the property market, but once the house hunt starts, affordability challenges mean it takes longer to find a home than first desired.
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Real Estate News
RBA keeps interest rates on hold at 4.35 per cent
The Reserve Bank of Australia has kept interest rates on hold at 4.35 per cent at its August 2024 meeting, but stressed that monetary policy will need to be “sufficiently restrictive” until it is confident inflation is moving sustainably towards the target 2-3 per cent range.
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Real Estate News
Most buyers and sellers rate their experience with agents positively
Three-quarters of buyers and sellers involved in a property transaction in the past year have rated their experience directly with real estate agents as either “excellent” or “above average” according to a new national survey.
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Real Estate News
Australian owner-occupier mortgage surges $154 a day
The average new owner-occupier mortgage in Australia has reached a record high of $636,597, marking an increase of $154 per day over the past year.
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INDUSTRY NEWS
A starter home in the US now costs $1 million
Australia isn’t the only country that’s witnessed a staggering rise in property prices over the past few years, with starter homes now costing US$1 million in the US.
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Real Estate News
REIQ wants 70 per cent home ownership by 2032
Three months out from the Queensland State Election, the Real Estate Institute of Queensland has called on the government to make the homeownership dream a reality for more Queenslanders.
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INDUSTRY NEWS
Homebuyers borrow more than ever but the market may be slowing down
The volume of new home loans fell last month, but when buyers do take on a mortgage they're borrowing more money than ever.
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Real Estate News
REIQ: Why the State Budget is a ‘mixed bag’
This week’s Queensland Budget delivers a “mixed bag” for housing and small business, despite the largely positive increase to the stamp duty threshold for first-home buyers, according to the state’s peak real estate body.
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Real Estate News
Nerida Conisbee: The uncomfortable truth about achieving housing affordability
There have been a lot of people, events and policies blamed for Australia's low level of housing affordability.
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INDUSTRY NEWS
Lending indicators show buyer numbers are rising
Despite high interest rates, the number of active buyers in the market is on the rise, according to the latest lending indicators.
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Movers and Shakers
New Armstrong Creek office marks McGrath’s regional expansion
McGrath Estate Agents has launched the new McGrath Armstrong Creek in regional Victoria, marking the group's expansion into the attractive lifestyle precinct.
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Real Estate News
NZ mortgage rates rise, first home grants scrapped
Given the scrapping of first home grants (deposit assistance) and the strong indication from the latest Monetary Policy Statement that mortgage rates are set to be "higher for longer", there’s bound to be a continued focus on the general property lending environment and, in particular, how easy or hard it is to access lower deposit finance.
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INDUSTRY NEWS
Bunbury property prices lead the charge in WA
Bunbury, Western Australia’s third-largest city, is the strongest regional market in the state with house prices up 5.9 per cent in three months.
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INDUSTRY NEWS
REIQ: Queensland Government needs to wean off stamp duty
The Queensland government coffers are swelling from excessive property taxes and it’s time they started to wean off them, according to the Real Estate Institute of Queensland (REIQ).
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