Search Results for: melbourne
-
Real Estate News
Kiwis eye-off Australian real estate in greater numbers
New Zealand property seekers have their eyes firmly on the Australian real estate market, outranking the US and China as the overseas cohort with the largest increase in property searches Down Under.
Read More » -
INDUSTRY NEWS
Inner city buyers and townhouse demand to drive property market in 2022
Reverse sea-changers and people moving back to the inner city and into townhouses could be the driving force behind the property market in 2022 according to a leading buyers agent.
Read More » -
INDUSTRY NEWS
Industrial property to outperform in 2022
Industrial property will continue to be a standout performer in the commercial sector while CBD office and retail will potentially struggle in 2022.
Read More » -
INDUSTRY NEWS
Profit making resales rise despite lockdowns
The rate of profit making resales continued to increase last quarter, overcoming widespread lockdowns in many areas of the country.
Read More » -
FRANCHISE NEWS
Toby Sandell and team bring The Agency to Toowoomba
The Agency today announced the continued expansion of its national footprint with its launch into Queensland’s regional city of Toowoomba, helmed by leading and well-respected sales agent Toby Sandell.
Read More » -
Real Estate News
Peak, peaked or peaking? How to read the current property market
Last year’s incredible house price growth drew plenty of media commentary, but there’s one big question many continue to ask: when will the market peak?
Read More » -
Thought Leaders Podcast
Swift startup success: Daniel Di Battista on starting a family business, creating recognition in your market, and providing service that leaves an impression
If the prospect of starting your own business in the middle of a pandemic sounds daunting, then Di Battista Real Estate in Melbourne is a case study of just how much can be achieved when challenge is viewed as opportunity.
Read More » -
INDUSTRY NEWS
Rents hit record highs in most capital cities
The latest data from Domain shows that rents across most capital cities in Australia are now at record high levels.
Read More » -
Real Estate News
More than 1000 suburbs top $1 million mark
The median house value has hit $1 million or more in 1120 Australian suburbs, new analysis from CoreLogic shows. The data released today shows that more than 400 suburbs in Sydney have a median house value equal to or greater than $1 million, while there are 221 suburbs in Melbourne. CoreLogic Research Director Tim Lawless said a $1 million price…
Read More » -
INDUSTRY NEWS
Omicron hits the real estate sector
With more than 600,000 active cases of Covid in Australia, and the Omicron variant surging across the country, the impact on the real estate sector is now becoming more evident. From staff shortages to legal implications and a slowdown in the rental market, this is what the nation’s real estate institutes are hearing from their members… Real Estate Institute of…
Read More » -
INDUSTRY NEWS
Layla Foord joins Rexlabs as new COO
Product specialist Layla Foord will join Rexlabs as its new Chief Operating Officer, leading the team’s product, marketing, people, and culture initiatives.
Read More » -
INDUSTRY NEWS
Rental market to stay tight as prices surge
Weekly rental prices have surged almost 5 per cent across the country to finish 2021 at a national median of $450 per week, new data shows.
Read More » -
INDUSTRY NEWS
Are Aussies happy where they live?
New research has highlighted that 70 per cent of Australian’s are happy where they live, however, those people living in Sydney and Tasmania are the least happy with their current location.
Read More » -
Real Estate News
Values continue to increase, with two cities leading the charge
Brisbane and Adelaide are leading the charge when it comes to increasing home values, according to the latest property market indicator summary from CoreLogic.
Read More » -
INDUSTRY NEWS
When will auctions really kick off for 2022?
Just over a week into 2022, and the auction market is well and truly back, with auctioneers across the country reporting they’ve never been so busy in January and the auction year has never kicked off this early.
Read More » -
INDUSTRY NEWS
What makes an ideal commercial property for an investor?
The commercial property sector in Australia has shown signs of getting hot after more than a year beset by the COVID pandemic.
Read More » -
Real Estate News
Simon Pressley: What 2022 has in store for Australian real estate
Adelaide, Brisbane, Hobart and Canberra could produce between 30 and 45 per cent capital growth for detached houses in the next two years, according to a leading property market analyst.
Read More » -
CONTRIBUTORS
Are you joining a network or a platform?
With the rise of new agent models, it can be difficult to distinguish which type of business operation might be right for you.
Read More » -
Real Estate News
Two-speed market as capital city price growth diverges
It’s been a tale of two halves when it comes to capital city property price growth, with the latest data showing Brisbane and Adelaide continuing to rise while Melbourne housing values have started falling. The CoreLogic Hedonic Home Value Index showed Australian housing values rose one per cent in December, slowing from a 1.3 per cent climb in November. The…
Read More » -
Real Estate News
December report reveals tight rental conditions
Rental conditions remain tight, with further strain expected as borders reopen, according to Domain’s latest Rental Vacancy Report.
Read More » -
Real Estate News
A year like no other for the property market
Herron Todd White (HTW) has released its final property clock for the year, looking at the factors which drove the property market in 2021.
Read More » -
Real Estate News
Real estate roundup: the year that was
The Australian real estate market experienced a record year in 2021, with tight supply and strong demand leading to soaring prices. Agents, vendors and buyers innovated through COVID-19 restrictions, including lengthy lockdowns in Melbourne and Sydney. There were numerous mergers, acquisitions and buyouts, along with notable appointments and some surprising departures. Once again, AREC thrilled and inspired, while the AREAs…
Read More » -
INDUSTRY NEWS
Australia’s top-selling suburbs revealed
New South Wales is home to almost all of the top-selling suburbs for houses in 2021, according to newly released data. The data, released by PropTrack, identified the top 10 Australian locations where median prices have made the biggest percentage gains this year. Nine of those were in New South Wales, with Diamond Beach topping the list with 84 per…
Read More » -
THE TRUSTED AGENT
The Trusted Agent Podcast: Kylie Davis on customer expectations, real estate disruption, and tech tools that create clients
Over the coming months Elite Agent is thrilled to bring you The Trusted Agent podcast in association with Real Estate Sales Online (RESO). Hosted by Sean Scoffield, this podcast features some of the most respected names in the industry, looking at what it takes to become an agent of choice
Read More » -
INDUSTRY NEWS
New PropTech business leveraging off-market selling surge
With international students set to return to Australian shores next month, new Melbourne based prop-tech business, OpenOpen, is predicting a sharp increase in interest and demand from international purchasers.
Read More » -
National
Property market concludes its busiest ever auction year
Just a week out from Christmas, the auction market continues to show its strength, with 4756 properties going under the hammer across the country.
Read More » -
INDUSTRY NEWS
The growing hotspot for prestige homes
The number of prestige homes sold in Brisbane has more than tripled since 2019, with 38 homes sold in 2021 for between $5 million and $20 million.
Read More » -
INDUSTRY NEWS
Australia’s record-breaking year in real estate
Following an extraordinary 2020, this year has seen Australia’s residential housing market experience unprecedented growth, thanks to continued momentum. Last year’s momentum, combined with monetary and fiscal stimulus measures, has propelled the market, pushing its value to record highs, according to CoreLogic’s annual Best of the Best Report. CoreLogic’s Head of Research Eliza Owen said the estimated value of Australia’s…
Read More » -
INDUSTRY NEWS
Melbourne climbs its way to the top as one of the world’s ‘hub cities’
Melbourne has achieved the world’s largest gain in rank in the Heitman Real Estate Securities Group’s annual real estate rankings, while Sydney ranked in the top 10. This year’s Global Prime Real Estate Securities rankings were topped by London, New York, Paris, and Tokyo, with the top four cities retaining their spots from the 2020 ranking. Melbourne, which benefitted from…
Read More » -
INDUSTRY NEWS
House prices rise at the highest rate in 20 years
Australian house prices have increased by 23.4 per cent over the past year, the highest rate of growth in 20 years, according to recent Real Estate Institute of Australia’s (REIA) figures. The REIA’s Real Estate Market Facts report revealed this was the first time since June 2002 that the annual increase had been higher than 20 per cent. REIA President…
Read More » -
INDUSTRY NEWS
Six out of eight capital cities deemed ‘affordable markets’
Despite an unprecedented property boom in 2021, new research reveals house prices across most of the country are ‘undervalued’ – suggesting positive signs of housing affordability. But Sydney and Melbourne house prices have now exceeded the affordability threshold. The data, compiled by InvestorKit, analysed housing affordability through home loan serviceability – the ability to make repayments on a loan –…
Read More » -
INDUSTRY NEWS
15 real estate professionals offer their property market predictions for 2022
After a bumper year for real estate, there’s a lot of talk about what the property market will do in 2022.
Read More » -
INDUSTRY NEWS
Nerida Conisbee’s top seven predictions for 2022
Since the start of the pandemic, Australian house prices have skyrocketed, rising by almost 24 per cent and remaining at record highs. Until now, prices have continued to rise. According to Ray White Chief Economist, Nerida Conisbee, growth over the past three months has been higher than the previous three. But while on most metrics, there is little evidence of…
Read More » -
Elite Agent
6 metre wide Darling Point home sells for $15.5M in just nine days
Sydney’s skinniest harbourfront home, previously owned by the late Lady Susan Renouf, has sold for $15.5 million, snapped up by a Melbourne couple before its February 12 auction date. At just six metres wide, the Darling Point residence was only listed for sale on December 3, according to realestate.com.au. CoreLogic records show the last time the property sold, in June…
Read More » -
Real Estate News
Records smashed as almost 5000 properties go under the hammer
Another auction record has been smashed with almost 5000 properties taken to auction in a week where volumes far exceeded all previous highs across almost every capital.
Read More »