Search Results for: melbourne
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National
Auction volumes increase with a bumper week tipped to come
Auction volumes inched higher this week as spring selling season hits its stride, with CoreLogic predicting next week could see the busiest auction week since June this year.
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National
Season 3 of Luxe Listings Sydney promises to be the biggest and best yet
When Monika Tu was invited to join the inaugural season of the hit Amazon Prime TV show Luxe Listings Sydney she initially said no.
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INDUSTRY NEWS
Brighton penthouse smashes the suburb’s price record
A new designer penthouse in Melbourne has set a suburb price record by millions of dollars.
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INDUSTRY NEWS
Affordable suburbs you can invest in now across Australia
Despite the recent boom in property prices across the country, there are still plenty of affordable options in our major capital cities according to an expert.
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INDUSTRY NEWS
“Rough” conditions for renters continue in August
Pressure on renters continued last month, with vacancy rates for apartments and houses at extremely low levels while asking rents kept rising.
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INDUSTRY NEWS
Where are our most international suburbs?
The results of the 2021 Census have now been released and with it, a fascinating look at the diverse demographics of Australia. While most new arrivals to Australia come to Sydney first, it’s not then possible to easily find out where they decide to settle. The Census provides us with a deeper understanding into settlement patterns around the country. And…
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INDUSTRY NEWS
RBA has “little choice” but to hike rates in September
he Reserve Bank of Australia appears set to hike the official cash rate at the September meeting with consistently high inflation leaving them with “little choice”.
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Real Estate News
Slight drop in auction volumes sees clearance rate rise
After rising over recent weeks, auction volumes dipped almost 10 per cent this week, with 1814 homes going under the hammer across the combined capitals.
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INDUSTRY NEWS
Auctions surge as spring selling season gets underway
Auction activity is set to jump this weekend as the spring selling season sees a flurry of vendors looking to capitalise on record property prices.
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INDUSTRY NEWS
The long-term trend in property prices is “undeniably upwards”
Despite weakness in home values as interest rates rise, new data suggests the trend over the past 30 years has clearly been upwards.
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FRANCHISE NEWS
Career change pays off for top performer
Melbourne real estate agent Khaled Arabzadeh is definitely one of those who finds the positive in any challenge.
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INDUSTRY NEWS
Buyer demand is down ahead of the spring selling season
Buyer demand is slightly lower than average in many areas as the spring selling season approaches.
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INDUSTRY NEWS
Nerida Conisbee: it looks like we are in for a busy spring
A slowing housing market can create quite different environments when it comes to the number of properties for sale.
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FRANCHISE NEWS
Former Socceroo Richard Garcia joins The Agency
Former Socceroo and footballing superstar Richard Garcia has joined forces with Western Australia’s top performing real-estate outfit (by listings and value) The Agency Group, becoming the company’s newest property specialist.
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INDUSTRY NEWS
New Zealand the “canary in the coal mine” for Australian property
Australian homeowners can look to New Zealand’s property market as the “canary in the coal mine” to determine what kind of impact rate hikes might have on prices, according to experts.
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Real Estate News
Auction activity lifts in lead up to spring selling season
With the official start to the spring selling season just days away, auction activity climbed above the 2000 mark for the first time in nine weeks.
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WEIRD AND WONDERFUL
Ellerslie proves popular with property viewers
One of Melbourne’s finest heritage homes has hit the market with a $19.5 million price guide.
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COMMERCIAL
Retail property still trying to recover: HTW
The retail sector has had a difficult few years and now faces the headwinds of high inflation according to the latest Herron Todd White (HTW) Month in Review.
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INDUSTRY NEWS
Vacant land sales activity continues to slow down: HTW
Vacant land sales continue to slow down across the country following a period of record high demand according to the latest Herron Todd White (HTW) Month in Review.
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COMMERCIAL
Demand for hotel assets increase as travel returns and occupancy levels rise
A rapid increase in domestic and international travel has pushed hotel occupancy rates up sharply and increased demand for hotel assets.
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INDUSTRY NEWS
Property upswings trump downturns over the past 30 years
Upswings in Australian property have been larger and longer than the subsequent downturns where prices slightly decline or just flatline according to new research.
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INDUSTRY NEWS
Rent.com.au launches single-tap build-to-rent search functionality
Build-to-rent is set to revolutionise renting in Australia and Rent.com.au is the first portal to build a single-tap search filter to help renters locate and apply for the new developments.
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Real Estate News
Preliminary clearance rate holds above 60 per cent
The preliminary clearance rate has held above 60 per cent for the second consecutive week, despite an uptick in the volume of auctions.
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INDUSTRY NEWS
The areas where property price growth is still occurring
Despite property values starting to fall in the larger capital cities, there are still multiple locations around the country that are likely to still see price growth according to an expert.
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Real Estate News
Crypto king buys Toorak ghost mansion for $80 million
A mysterious crypto king has splurged a stunning $80 million on an unfinished Toorak mansion, setting a state record in the process.
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INDUSTRY NEWS
Nerida Conisbee: Why mortgagee sales are rising
Cost of living pressures and mortgage stress has seen the number of mortgagee sales increase according to new data.
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INDUSTRY NEWS
Top locations for investors with a $100k deposit
Outer city and regional areas are providing the best value for investors with a $100,000 deposit according to new research.
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National
Clearance rate above 60 per cent for the first time since June
The preliminary clearance rate has topped the 60 per cent mark for the first time in 10 weeks after auction activity rose this week.
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INDUSTRY NEWS
New agents are in for a market shock
The throng of new real estate agents who joined the industry during the recent market boom could be set to struggle during the current downturn, according to some of the nation’s top agents.
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FRANCHISE NEWS
Early adopter soars to top with Area Specialist
Hardeep Singh doesn’t have time to look back.
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INDUSTRY NEWS
Inflation outstrips rental growth for more than a decade
Inflation has risen at more than twice the rate of weekly rents over the past decade, forcing many landlords to say "enough is enough".
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FRANCHISE NEWS
Cranbourne agency explores ‘all avenues’ with new business
When experienced agents Naval Aulakh and Yogi Patel decided it was time to break the mould and start their own agency, they enlisted the help of Identity Marketing to create their brand from the ground up.
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COMMERCIAL
Office demand improving for high migration states
Locations with strong population growth have also started to see improvement in office demand.
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SUPPLIER NEWS
Listings surge sees REA Group post strong earnings
REA Group has released its full-year financial results with the post-lockdown surge in listings on realestate.com.au leading to a sharp jump in both revenue and earnings.
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INDUSTRY NEWS
Time to grab a bargain in our most expensive suburbs?
You may have a little bit of luck in Sydney and Melbourne, but elsewhere prestige is still recording price rises. Interest rates are on the move, prices are slowing but at a suburb level we are yet to see much evidence of widespread declines in prices. So much so that only 1.5 per cent of Australian capital city suburbs have…
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