Search Results for: melbourne
-
Real Estate News
Capital city auction volumes fall 4 per cent
Capital city auction volumes fell 4 per cent this week, with 1742 homes going under the hammer to return a preliminary clearance rate of 61.4 per cent.
Read More » -
INDUSTRY NEWS
Rents hit record highs again as units outpace houses
Rents have hit record highs across the country again, with unit rents rising much faster than houses.
Read More » -
INDUSTRY NEWS
New listings 15 per cent below the long-term average
Despite rising interest rates and falling prices, homeowners are not rushing to sell.
Read More » -
INDUSTRY NEWS
Slower start to spring for new listings but what’s to blame?
The extra public holidays in late September have contributed to a slow start to spring for sellers, with new listings 7.5 per lower than the prior month.
Read More » -
INDUSTRY NEWS
Housing market passes ‘peak fear’ phase
Australian property markets have passed their “peak fear” phase and are expected to bottom out in the new year according to an expert.
Read More » -
INDUSTRY NEWS
What Dale Atkin wants you to know about surviving the Bali bombings
October is a month that’s filled with both positive and negative memories for Dale Atkin.
Read More » -
Real Estate News
House price falls to continue into 2023: NAB
There’s likely more property price declines ahead with values to continue decreasing in 2023, according to the National Australia Bank.
Read More » -
Real Estate News
Rental stock levels well below five-year average
Rental stock levels are more than 35 per cent below the five-year average and growth in annual rents has broken into double digits for the first time on record, new figures show.
Read More » -
Real Estate News
Preliminary clearance hits its highest peak since late May
The preliminary clearance rate has reached its highest point since May after auction volumes increased this week.
Read More » -
Real Estate News
Sydney vacancy rates hit the lowest on record
Sydney's vacancy rate has dropped to a record low of 1.1 per cent, with the number of available rental properties more than halving in the past year.
Read More » -
INDUSTRY NEWS
Affordability continues to cause problems for first home buyers
The surge in home prices over the past few years continues to make it more difficult for first home buyers to get into the market. Finder’s First Home Buyers Report 2022 has shown that those people currently looking to buy rated affordability as their top factor in selecting a home, followed by access to public transport, proximity to shops, and…
Read More » -
INDUSTRY NEWS
Damian Collins ends REIWA presidential term proud of the industry’s achievements
Damian Collins’ four-year term as Real Estate Institute of Western Australia president will come to an end on October 13.
Read More » -
Real Estate News
Rents rise at fastest quarterly pace on record
Rents have risen at the fastest quarterly pace on record, soaring 4.3 per cent nationally in the three months to September.
Read More » -
INDUSTRY NEWS
Top agent doubles income with Area Specialist
Almost a year after launching his own business in partnership with real estate network Area Specialist, leading south-east Melbourne sales agent Marcus Washington is certain he made the right move.
Read More » -
Real Estate News
RBA takes more moderate approach with 0.25 per cent cash rate increase
After a series of bullish interest rate hikes in recent months, the Reserve Bank of Australia has tempered its approach, increasing the cash rate by 25 basis points at its October meeting today.
Read More » -
Real Estate News
Loss-making resales have started to rise as property downturn continues
The Australian property market has peaked and turned downwards, with the number of loss-making transactions starting to rise.
Read More » -
FEATURE INTERVIEWS
Exciting gifts deepen connections for property clients
What was the last gift you shared with a customer? A scented candle? A calendar with a card? Humdrum gifts will never compete with the chance to go parasailing in Queensland or a wine-tasting on the Margaret River, are they? Yet it has never been easier to deliver exciting gift ideas to customers with the help of We Wander. The…
Read More » -
Real Estate News
Auction volumes down but clearance rate holding steady
Consecutive long weekends have continued to impact auction volumes, with 1613 properties taken to auction across the combined capitals this week to return a preliminary clearance rate of 62.3 per cent.
Read More » -
National
Property price falls moderate as spring activity increases
Property prices across the country were widespread in September, but the pace of falls moderated significantly, with the national median value of a home in Australia now at $752,000.
Read More » -
COMMERCIAL
Rising costs to see students look to student accommodation
Higher rents and rising living costs could see students turn back to specialist student accommodation according to an expert.
Read More » -
INDUSTRY NEWS
Adelaide property prices starting to cool after a record run
The daily number of sales in metropolitan Adelaide has fallen dramatically this year, reverting back to pre-pandemic levels, according to new data.
Read More » -
INDUSTRY NEWS
Neighbours property on the market as council rejects heritage listing
A slice of Australian television history is on the market, with one of the Melbourne homes featured in Neighbours for sale with a price guide of $1.2 million to $1.3 million.
Read More » -
INDUSTRY NEWS
Australia’s most ‘royal’ suburbs revealed
The town of Warragul in eastern Victoria is officially Australia’s “most royal” location, boasting more royal street names than any other suburb or town in Australia.
Read More » -
INDUSTRY NEWS
Adelaide and Brisbane among the world’s best performed property markets
Adelaide and Brisbane have bucked the national trend and recorded strong house price growth as worldwide prices continue to climb.
Read More » -
INDUSTRY NEWS
How Pay On Success VPA solves vendor reluctance in today’s market
The property market is changing. Your approach to vendor paid marketing needs to as well.
Read More » -
INDUSTRY NEWS
Australian home buyers prepared to wait for lower prices
Nearly eight in 10 Australians are prepared to wait for house prices to fall further before jumping back into the market, according to new data.
Read More » -
Real Estate News
Preliminary clearance rate holds above 60 per cent
The preliminary clearance rate has held above 60 per cent for the fourth consecutive week, despite a drop in auction volumes.
Read More » -
COMMERCIAL
Luxury retailers expand their Australian presence
Luxury retailers are expanding their bricks and mortar footprint in Australia, with demand for luxury goods well ahead of pre-pandemic levels.
Read More » -
INDUSTRY NEWS
Adelaide land prices climb north of $200,000 for the first time
Adelaide real estate continues to be among the strongest in the country, with the value of land now surpassing $200,000 for the first time.
Read More » -
FEATURE INTERVIEWS
Stephen Baster: What horse racing and real estate have in common
“If you fall off a horse, get straight back in the saddle” is an adage Stephen Baster knows better than most.
Read More » -
INDUSTRY NEWS
A scroll through Melbourne’s most popular streets
Outer suburb Melbourne McMansions have dominated Victoria’s buyer interest over the last three years according to realestate.com.au.
Read More » -
Real Estate News
Clearance rate rises as auctions enjoy their busiest week since June
Spring selling season is under way in earnest with this week proving the busiest auction week since June while the preliminary clearance rate climbed to its highest point since May.
Read More » -
INDUSTRY NEWS
Building high-quality housing doesn’t make older properties more affordable
Filtering, the process of building new high-quality homes for higher income earners, doesn’t necessarily make older homes more affordable according to new research.
Read More » -
FEATURE INTERVIEWS
Gavin Staindl: How to succeed in real estate by being yourself
Gavin Staindl is well known in real estate circles, not just for selling over 160 homes last year, but for being himself and shying away from the typical agent persona.
Read More » -
INDUSTRY NEWS
Busiest winter for new listings in five years
Listings are beginning to pick up across the country, ahead of the typically busy spring season.
Read More »