Search Results for: melbourne
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Elite Agent
Expanding horizons: The Agency’s formula for cultivating real estate talent
Like the ripples that form when a pebble is dropped in a lake, The Agency’s presence across Australia is expanding.
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Real Estate News
Interest rates on hold as RBA says economic outlook remains ‘uncertain’
The Reserve Bank of Australia has opted to keep interest rates on hold at 4.35 per cent at its March meeting, highlighting that the economic outlook remains uncertain, despite a recent drop in inflation.
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Movers and Shakers
Mike Mortlock and Cate Bakos join PIPA board
Mike Mortlock and Cate Bakos have joined the Property Investment Professionals of Australia (PIPA) board and hope to help further raise professional standards and grow the industry.
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Real Estate News
Busy start to 2024 with new listings surging in February
Capital city activity surged with the busiest February for new listings on realestate.com.au in over a decade, according to the PropTrack Listings Report February 2024, released today.
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Real Estate News
Distressed listings fall in all capital cities
The number of distressed listings has fallen substantially over the past year, as mortgage holders weather the interest rate storm and look forward to potential cuts later this year.
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INDUSTRY NEWS
Vacancy rates drop again to a record low 1.07 per cent
The rental crisis is showing no signs of easing just yet, with new data finding that the national vacancy rate has fallen to a record low of 1.07 per cent.
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INDUSTRY NEWS
National median house and unit prices continue to rise
National house prices have tipped over the $1 million mark after a strong quarter of growth right across the country.
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Real Estate News
One-in-four eastern state homes paid for with cash
More than $120 billion worth of property was purchased in Australia’s eastern states with cash in 2023.
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Movers and Shakers
Ricardo Cappelletti and Bryce Pane launch AND Property
Ricardo Cappelletti and Bryce Pane have launched the new commercial agency AND Property, aiming to disrupt the industrial market.
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Movers and Shakers
Burgess Rawson names Chelsea Anderson as senior assets manager
Accomplished centre manager, Chelsea Anderson has joined Burgess Rawson as Senior Assets Manager as the company aims to elevate its operational excellence.
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Movers and Shakers
Savills establishes a residential projects team in Queensland
Savills continues to expand its residential marketing team, with Jo Prince-Gillies set to lead the new Queensland business along with Jade Loch and Ryan Hayes.
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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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Real Estate News
Tenants union calls for empty home levy in Tasmania
The Tenants Union of Tasmania has called for an empty home levy after discovering almost 1000 homes were left empty in the state last year.
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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
Vibrant auction market bodes well for Autumn selling season
Buyer confidence appears to have returned just in time for the Autumn selling season, with auction volumes and clearance rates on the rise.
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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
Home price growth reaccelerated in February
Home prices across the country have hit a fresh new high, with growth reaccelerating despite affordability worries.
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INDUSTRY NEWS
Perth, Gold Coast the strongest luxury markets in 2023
Despite higher interest rates weighing on some property markets, luxury residential property in Australia has remained resilient, especially in Perth and on the Gold Coast, according to a new report.
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Real Estate News
Perth shines in property boom as Sydney and Melbourne rally
Perth remains the hottest capital city property market in Australia, but Melbourne and Sydney are making a comeback, according to new research.
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Real Estate News
City slickers still look to the regions, especially the Sunshine Coast
The Sunshine Coast has surged ahead as Australia’s most coveted region for movers, capturing a record share of net internal migration over the last year according to the latest Regional Movers Index (RMI).
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INDUSTRY NEWS
Property values to increase but rate of growth likely to slow: HTW
Property price growth rates are set to slow down over the remainder of 2024, according to the latest Herron Todd White (HTW) Month in Review.
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Movers and Shakers
Auctioneer of the year chasing a record with the Good Friday Appeal home
Real Estate Institute of Victoria’s (REIV) 2023 Senior Auctioneer of the Year, Greg Brydon, from Ray White Cheltenham, is chasing a record price when he calls the action for the property being sold as part of the Good Friday Appeal.
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Real Estate News
Buying Boost turns homeowners dreams into reality
Would-be homeowners currently locked out of the real estate market, due to not being able to save all of the deposit, now have a way of buying a home.
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Real Estate News
Architectural gem merges Griffin’s vision with Wright’s genius in Melbourne
An architectural marvel that has drawn inspiration from both Walter Burley Griffin and Frank Lloyd Wright, is on the market for the first time.
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Movers and Shakers
Barry Plant transforms its digital presence with website redesign
The Barry Plant Group has launched a new-look website and intranet network as the group transforms its business and strategy to embrace the latest in technology, leadership and marketing.
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Movers and Shakers
Marshall White rebrands as it looks to the future
Melbourne real estate group Marshall White has updated their brand while still highlighting the classic castle logo that is synonymous with the company.
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Celebrity Homes
Tom Cruise’s Mission Impossible 2 mansion sells in Sydney
The iconic Spanish Mission mansion Boomerang, which famously featured in the Tom Cruise-led blockbuster Mission Impossible 2, has reportedly sold for $80 million.
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INDUSTRY NEWS
Ray White encourages their agents to ‘get uncomfortable’ to grow
Get prepared to be uncomfortable if you want to grow was the message coming out of Ray White’s 2024 Launch event this week.
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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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Elite Agent
Together we grow: the First National formula for success
When a First National Real Estate office in Brisbane was inundated with water during the 2010 floods, you’d be forgiven for thinking they closed the doors and headed home.
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Real Estate News
House and unit price gap hits record $300k in capital cities
The gap between capital city house and unit prices has never been wider, with detached homes now costing almost $300,000 more.
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INDUSTRY NEWS
New listings surge in Sydney and Melbourne
A surge of sellers have listed their homes, with Sydney and Melbourne reporting the biggest jump in new listings in more than a decade.
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Real Estate News
Jason Crerar joins The Agency in Tasmania
The Agency has appointed former realestate.com.au executive Jason Crerar as state manager in Tasmania, as the brand looks to expand in the Apple Isle.
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INDUSTRY NEWS
Hotel room rates surge as Taylor Swift fever takes hold
Tourism assets are seeing a resurgence with a string of big-name artists including Taylor Swift and high-profile sporting events helping boost room rates across the country.
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Real Estate News
Market turnaround leads to profit for Domain
Domain has witnessed a “pleasing turnaround” in the property market and its financial performance, with profits rising 48.7 per cent.
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