Search Results for: melbourne
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INDUSTRY NEWS
Vacancy rates remain at record low levels
The national vacancy rate remains at a record low 1 per cent with all capital cities continuing to operate in a “landlords’ market” according to a new report.
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INDUSTRY NEWS
Rising CPI suggests more affordability worries ahead
The highest inflation in 30 years suggests housing affordability is going to continue to decline, according to an industry body.
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INDUSTRY NEWS
Home prices stalled in April as rate hikes loom
Property prices stalled nationally last month with values seeing their smallest increase since May 2020 and the onset of the pandemic, according to new data.
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Real Estate News
Auction clearance rate slips further
The preliminary clearance rate has slipped further this week on the back of increased auction volumes across the combined capitals.
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INDUSTRY NEWS
Record inflation to keep pressure on households
The latest CPI figures shows inflation has risen to 5.1 per cent, putting increased pressure on mortgage holders and households according to experts.
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INDUSTRY NEWS
Property boom losing momentum – Sydney price growth ‘flatlining’
The rate of property price growth in Australia has dropped dramatically in the first three months of the year, new data reveals.
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INDUSTRY NEWS
Geelong leads pandemic population surge
Geelong saw the largest population increase during the pandemic as homebuyers sought out more space and an escape from the city.
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CASE STUDIES
Before they were agents: The fascinating former careers of real estate professionals
It’s no secret that real estate is a popular choice for a second career, but you might be surprised at the jobs some real estate agents have left behind.
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INDUSTRY NEWS
Sentiment remains high despite softening property prices
Confidence in the real estate market remains high despite slowing growth in property prices, according to a new survey.
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National
The lowest preliminary clearance rate of the year
Despite the ANZAC Day long weekend, 1813 homes were taken to auction across the combined capital cities this week, resulting in a preliminary clearance rate of 67.6 per cent.
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INDUSTRY NEWS
Rental demand continues to soar as availability falls to lowest level in more than a decade
Near record demand and the lowest level of availability in almost 20 years is propelling a tough rental market, new analysis shows.
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INDUSTRY NEWS
Foreign investment in Australian commercial property doubles
Foreign buyers continue to be active in both buying and selling Australian commercial assets according to a leading expert.
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INDUSTRY NEWS
Perth’s bargain suburbs under $375,000
Despite Perth seeing a strong 12 months of property price growth, it’s still possible to find bargain buys close to the CBD according to REIWA.
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INDUSTRY NEWS
What’s driving the housing markets: HTW
Demand for residential property remains strong, however, the rate of growth is slowing according to the latest Herron Todd White (HTW) Month in Review.
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INDUSTRY NEWS
First Home Guarantee Scheme might not help all first-time buyers
While the First Home Guarantee Scheme has been expanded to help more first home buyers enter the property market, a leading expert believes many purchasers will not be in a position to access the increased financial caps.
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THE TRUSTED AGENT
The Trusted Agent Podcast: Anthony Webb on succession, culture, and creating your own leadership legacy
CEO of PhilipWebb, Anthony Webb understands how to run a real estate operation having done virtually every role in the industry over his 23-year career.
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INDUSTRY NEWS
Rents continue to rise as supply shortage bites
Rental prices for houses in Australia’s capital cities have hit their highest point on record, with the median price now $508 per week, according to the latest data.
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Real Estate News
Low clearance rate due to Easter auction slowdown
The Easter long weekend resulted in the auction slowdown that had been widely predicted, with just 134 properties going under the hammer across the major capitals.
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INDUSTRY NEWS
Australia’s top 10 most affordable regional areas
The great Australian dream of owning a home is still alive, with a new report identifying the Top 10 affordable regional areas in the eastern states.
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INDUSTRY NEWS
Demand for property still strong despite signs of easing market
The Australian housing market remains strong and demand in Melbourne and Adelaide has hit record highs, despite signs the property market is softening in capital cities.
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INDUSTRY NEWS
Buyers face new problems as supply falls
The real estate market is showing signs of slowing but there are still challenging conditions ahead for buyers with a rapid drop in listing volumes.
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INDUSTRY NEWS
Housing values fall in Sydney and Melbourne
Property values in Sydney and Melbourne have started to slide, falling as much as 7.2 per cent in the first quarter of the year, new analysis shows.
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INDUSTRY NEWS
The real estate issues the new Federal Government must tackle
The rental crisis, housing affordability and supply will be among the hot topics in the real estate sector leading up to the Federal Election on May 21.
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INDUSTRY NEWS
Almost 4000 properties go to auction in one of the busiest weeks on record
This week proved the busiest auction week of the year and the sixth busiest since CoreLogic records began as almost 4000 properties went under the hammer across the combined capitals.
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INDUSTRY NEWS
Hobart named fourth-strongest property market in the world
Hobart has been named the fourth-strongest property market in the world, according to the latest Frank Knight Global Residential Cities Index.
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INDUSTRY NEWS
REIA honours the industry’s best at National Awards for Excellence
The winners of REIA's National Awards for Excellence (NAFE) 2022 have been announced with a host of industry leaders being honoured across 21 categories.
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INDUSTRY NEWS
5 factors that drive success on auction day
With the auction process more popular than ever, a new report has identified five key factors that drive success on auction day.
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INDUSTRY NEWS
Home loan commitments decline from record highs
The value of new home loan commitments fell 3.7 per cent to $32.3 billion in February after a record high in January, according to new data from the Australian Bureau of Statistics (ABS).
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INDUSTRY NEWS
Interest rates on hold but experts tip a rise is coming
The Reserve Bank of Australia has again opted to keep interest rates on hold at 0.1 per cent as they eye the likelihood of increased inflation over the coming months.
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INDUSTRY NEWS
Australia’s smaller capital cities drive property price growth
CoreLogic's latest national home value index shows house prices rose by 0.7 per cent in March, led by the smaller capital cities that continue to outperform their larger counterparts.
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INDUSTRY NEWS
Australia’s house price growth continues to slow
Australian house prices have grown by 0.34 per cent in March, the slowest since March 2020 according to new data.
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INDUSTRY NEWS
Australia’s top 10 property powerbrokers
The latest Australian rich list features a host of property powerbrokers whose wealth has skyrocketed in the past 12 months.
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PROSPECTING + LISTING
Claudio Encina: How prospecting has changed in 2022
Prospecting has changed a lot over the years and with the advent of social media there are even more channels for agents to generate leads. But as top coach Claudio Encina explains, the trap many agents fall into is as old as real estate itself - pushy selling.
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Real Estate News
Auction volumes dip as the market readies for its busiest week of the year
CoreLogic is tipping next week will prove the busiest auction week of the year so far after volumes dipped a little across the combined capitals this weekend.
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INDUSTRY NEWS
Suburbs most at risk of coastal surges and erosion
Storm surges and coastal erosion has the potential to wipe out $1.47 billion worth of property at Paradise Point on the Gold Coast, according to a new report.
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