Search Results for: first-home buyers
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INDUSTRY NEWS
NZ FHB’s making the most of lower prices
New Zealand first-home buyers have capitalised on lower property prices and other incentives, making up more than one-quarter of property purchases.
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Real Estate News
Property prices hit new record, with more to come
Property prices have hit yet another record, with the combined capital city house and unit prices rising by up to 1 per cent in the March quarter.
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Real Estate News
WA and QLD are the nation’s affordability havens
Western Australia and Queensland have emerged as Australia’s affordability havens, with more than half of all the more economical regions across the country located in the two states.
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Movers and Shakers
Ray White launches in Concord and Five Dock
Locals Concord and Five Dock agents Christian Leung, Rick Pignetti, and Michael Carbone have moved over to Ray White as they hope to continue to grow their reach.
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INDUSTRY NEWS
REIQ launches new video series to empower consumers
The Real Estate Institute of Queensland (REIQ) has launched a new video series that aims to help consumers make educated and informed decisions about buying, selling, or renting property in Queensland.
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Movers and Shakers
Ashlee Jade heads up new Barry Plant agency in Doreen
Barry Plant North Eastern Group has expanded to Doreen-Mernda, with local Ashlee Jade set to take the reins.
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INDUSTRY NEWS
Millennials are the most active property investors in Australia
Millennials have emerged as the most active group of property investors in the country with new data showing they are also not afraid to go it alone to get onto the property ladder.
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Real Estate News
REIA launches action plan to tackle housing crisis and boost property management
The Real Estate Institute of Australia (REIA) has launched a Property Management Action Plan designed to simultaneously tackle the housing crisis and bolster property management as a profession.
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Real Estate News
The roaring regions: affordable havens for first-home buyers
Australia is now officially a “million-dollar country”, with a median capital city house price of $1.005 million, but there are still some council areas where first-home buyers have a shot at owning their own home.
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INDUSTRY NEWS
Calls to extend first home owner grant to established homes in WA
The Western Australian government needs to extend the First Home Owner Grant (FHOG) to established homes to help ease pressure on the construction industry and get more young people into their own property.
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CONTRIBUTORS
House prices have accelerated fast in 2024
It has been a strong start to 2024 for Australian housing markets, with house prices already up 2.2 per cent.
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INDUSTRY NEWS
Tiny Sunshine Coast cottage gets 104 bids at auction
A tiny Sunshine Coast cottage, that looks like your grandma’s house, received a staggering 104 bids at action during the week.
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INDUSTRY NEWS
Housing affordability has reached the lowest level in 20 years
Housing affordability is at its lowest level in 20 years, with interest rate increases putting homebuyers under extreme pressure, according to a new report.
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INDUSTRY NEWS
Queensland and Victoria hold property investment gems
Investors should look towards Queensland, Victoria and Sydney’s west, where tight supply and steady demand are likely to put upward pressure on prices according to new research.
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Real Estate News
National vacancy rate hits a new record low
The national vacancy rate has plummeted to a new record low of 0.7 per cent, although there does appear to be less competition among tenants, according to the latest figures from Domain.
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INDUSTRY NEWS
Queensland house prices jumped 3.88 per cent last quarter
The Queensland property market continues to go from strength to strength with new data showing house prices rose 3.88 per cent last quarter.
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Real Estate News
Are first-time buyers really closer to home?
First-time buyers can save a 20 per cent deposit two months faster now than they could a year ago but there is a catch, according to the latest data from Domain.
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Real Estate News
The Agency recruits market leaders in Melbourne’s Williamstown
Highly regarded real estate professional Leigh Melbourne and his team have joined The Agency Victoria, and are looking to grow the brand in the Williamstown area.
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INDUSTRY NEWS
New Zealand property prices continue their recovery in January
Home prices across New Zealand have continued to rebound, with values up 0.4 per cent in January according to CoreLogic NZ.
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INDUSTRY NEWS
Western Sydney popular with first-home buyers
A host of suburbs across Western Sydney have topped the list of the most popular with first-home buyers, according to new data.
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Real Estate News
REIQ calls on the LNP to reveal stamp duty threshold
The Real Estate Institute of Queensland (REIQ) has labelled the LNP’s promise to lift the first-home buyer stamp duty threshold as lacking substance without naming a figure.
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INDUSTRY NEWS
First-home buyers make a record share of property purchases
First-home buyer (FHB) activity has jumped in New Zealand, with new data showing the cohort now make 27 per cent of home purchases.
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Celebrity Homes
Kate Waterhouse selling up in Potts Point
Socialite Kate Waterhouse and her former rugby league player husband Luke Ricketson have put their Potts Point investment property up for auction in February.
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INDUSTRY NEWS
Academics say first-home buyers shouldn’t buy now
First-home buyers should be cautious about purchasing in the current market, according to academics.
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Real Estate News
First-home buyers surge, defying rising costs and rates
First-home buyers are fighting back against rising interest rates, the increased cost of borrowing and the increasing cost of living, leaving the charge for new home loans.
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INDUSTRY NEWS
REIQ calls for stamp duty concessions to keep up with rising property prices
The Real Estate Institute of Queensland (REIQ) has called for the stamp duty concession threshold for first home buyers to be increased to be more in line with current day property prices.
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INDUSTRY NEWS
The top 50 residential real estate influencers for 2023
There is rarely a dull day in real estate. From mergers and acquisitions, record sales and the AI boom, 2023 has once again been a year for the record books.
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INDUSTRY NEWS
Housing affordability drops to a new low
Australians are struggling to afford housing like never before as rising interest rates and soaring housing and rental prices continue to bite.
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National
Property prices tipped to rise further in 2024
Combined capital city house and unit prices are tipped to reach a record high in 2024, after price expectations defied forecast declines in 2023.
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INDUSTRY NEWS
Unlocking confidence in Australia’s property market: agents hold the key to easing frustration and uncertainty
Australians are feeling frustrated, unbalanced and uncertain about the current property market, providing agents an opportunity to solve the confidence equation and get ahead of the competition as a trusted industry advisor.
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INDUSTRY NEWS
Falling prices in some suburbs make it easier to buy in Sydney and Melbourne
With interest rates rising, buying conditions remain tough however, there are still locations where people can find both affordable and livable locations according to a new report.
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INDUSTRY NEWS
Is Queensland’s First Home Owner Grant all it’s cracked up to be?
The Queensland Government has doubled the state’s First Home Owner Grant but a property expert warns the offer may not be as good as it first appears.
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CONTRIBUTORS
Michelle May: Property trends that will dominate in 2024
As we fast approach the end of 2023, the Australian real estate landscape is showing clear indications of the trends that will dominate in 2024.
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INDUSTRY NEWS
First home buyer demand across New Zealand hits a record high
Despite reduced housing affordability and higher living costs, first home buyers (FHBs) in New Zealand are buying homes are a record rate.
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INDUSTRY NEWS
Cup Day rate rise: RBA lifts interest rates to 4.35 per cent
The Reserve Bank of Australia has lifted interest rates for the first time in five months, hiking the cash rate 25 basis points to 4.35 per cent, which is a 12-year high.
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