Search Results for: melbourne
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NSW Real Estate News
Childcare centres the latest hot property for investors
Demand for childcare centres is swiftly increasing with investors attracted to high leasing rates, long-term tenancy options and reassurance that the industry is an essential service. Colliers Associate Director, Melbourne Metro Sales, Ben Baines said childcare assets were one of the most highly sought in 2021. “Nationally this year, in excess of $200 million worth of childcare assets have transacted,…
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QLD Real Estate News
Gold Coast property market pressure ‘some of the highest in the country’
Gold Coast property prices have surged since the start of the pandemic, following a decade of steady growth. Property market pressure in the region is now some of the highest in the country, according to a new Market Pressure Review Report. The data, released by InvestorKit, showed Broadbeach – Burleigh experienced the most significant growth, with property prices increasing 38.2…
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INDUSTRY NEWS
Vacancy rates fall across most of NSW, except Inner-City Sydney
Vacancy rates across Sydney and much of New South Wales have dropped this month, while the Inner Ring bucked the trend, experiencing its highest vacancy rate rise since June.
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OPINION
Manos Findikakis: What great agents do before the market softens
Manos Findikakis offers an insight into what agents should be doing right now in preparation for a change in the market.
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Real Estate News
Auction volumes up 79.4 per cent since early October
High auction volumes continued this week, rising 8.2 per cent on the week prior to see 3562 properties go under the hammer. CoreLogic tips this weekly increase in volumes is likely to continue now lockdown restrictions have eased in Sydney, Melbourne and Canberra, with auction volumes increasing by 79.4 per cent since the first week of October. “With each week…
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INDUSTRY NEWS
New listings across the capitals reach highest number on record
New listings across Australia’s capital cities reached a record high in October, with sellers flocking to the market due to eased restrictions.
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Real Estate News
Rise in listings and auction volumes as Spring comes to an end
Domain’s latest weekly property report has revealed a rise in listing and auction volumes as spring draws to a close.
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INDUSTRY NEWS
Properties selling at warp speed
Australian properties are selling at their fastest rate in five years with weekly sales volumes also reaching their highest level this year, fresh data reveals. The REA Group’s latest PropTrack Housing Market Indicators Report showed that in October buyers snapped properties up quickly, with the median amount of time a property was listed on realestate.com.au before selling dropping to just…
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OPINION
Joel Davoren: Should you be wearing blinkers?
Another Melbourne Cup is behind us, and I hope the punters among you had a win on the day.
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INDUSTRY NEWS
Are we in a housing bubble? Nerida Conisbee offers her thoughts
Ray White Chief Economist Nerida Conisbee offers her perspective on whether or not the current high prices represent a housing bubble
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Real Estate News
Clearance rates begin to fall as auction volumes remain high
Auction volumes remain high with 3276 homes taken to auction across the combined capitals this week, resulting in a preliminary clearance rate of 76.1 per cent. CoreLogic has reported that continued high volume has led to a steady decline in the clearance rate over recent weeks, with the success rate trending lower since its peak of 83.2 per cent on…
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INDUSTRY NEWS
Bowling alleys and enormous spas feature in Victoria’s top house sales
If you’ve got a bit of spare time this weekend and want to see how the other half live then check out this list of 10 luxury Victorian homes that sold over the past 12 months.
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INDUSTRY NEWS
REA Group reports Q1 results, revealing strong growth
REA Group delivered strong growth across its Australian segments during the three months to September 30, with revenue excluding acquisitions increasing by 22 per cent year-on-year to $264 million.
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INDUSTRY NEWS
More choice expected for home buyers
Following a lengthy period of demand far exceeding supply, home buyers can expect more choice over the coming months, with rising auction volumes and thousands of new listings across most of the country, as COVID-19 restrictions ease.
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INDUSTRY NEWS
Victoria breaks land price records with lots over $300,000
Land prices in Melbourne’s key growth corridors have experienced strong growth, increasing by 7.7 per cent over the year, with lots in almost every municipality now valued higher than $300,000.
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INDUSTRY NEWS
Regional property markets predicted to outperform capital cities in 2022
Regional property markets will be the ones to watch in 2022, according to Canstar’s inaugural Rising Stars Report, which identifies the top suburbs for future price growth.
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INDUSTRY NEWS
New guide helps real estate agents master digital marketing
Australians spend 1.46 hours on average a day on social media and 20.5 million of us use Facebook in this country, yet most agents have not fully embraced the power of social media as an advertising tool.
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Real Estate News
Clearance rate slips below 80 per cent as auction volumes surge
This week again proved busy for auctions, with CoreLogic tracking 3524 auctions across the major capitals.
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SUPPLIER NEWS
REA Group backs stamp duty exemptions supporting City of Melbourne
REA Group has announced a new partnership with the City of Melbourne to help bring to life the council’s latest campaign, ‘This is Your Local’.
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COMMERCIAL
‘Lifestyle industrial’ the latest trend in Australian real estate market
The days of industrial precincts being an ‘avoid at all costs’ area for residential property are over with “lifestyle industrial” flagged as the standout new trend in Australia’s real estate market.
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INDUSTRY NEWS
Regional renters struggle as listings plummet
Regional renters are facing an uphill battle to put a roof over their heads with the number of listed properties on realestate.com.au 40 per cent below their pre-pandemic levels.
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INDUSTRY NEWS
Residential land in high demand across Australia
Vacant land is one of the hottest commodities in residential real estate at the moment with some blocks increasing in value 45 per cent in just five months.
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INDUSTRY NEWS
CPI edges towards RBA target
Newly released figures show the All Group Consumer Price Index for September increased at a similar rate to the previous quarter, while the changes in the analytical series were the highest they’ve been in six years.
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INDUSTRY NEWS
Property prices hit records across the country but the market is cooling
Australia’s median house price is fast approaching $1 million with the fastest rate of annual growth on record hitting 21.9 per cent, according to the latest data.
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INDUSTRY NEWS
Rental prices surge amid stock shortages and high demand
Australian rental prices have surged over the past 12 months, recording the fastest annual rise since 2008, new data has revealed.
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Real Estate News
CBD office markets emerge from lockdown strongly
CBD office markets have seen the most tenants taking up office space in nearly three years.
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INDUSTRY NEWS
Sydneysiders take the longest to save a house deposit
Sydney continues to be Australia’s least affordable property market, with new data suggesting it takes up to 18 years to save a deposit in many blue-chip locations.
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INDUSTRY NEWS
Fitzroy tops Melbourne’s most liveable suburbs list
Inner-city suburbs continues to top the list of most liveable in Melbourne according to new analysis.
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Elite Agent
Second busiest auction week of the year as 3033 properties go under the hammer
This week proved the second busiest auction week of the year, with CoreLogic reporting a preliminary clearance rate of 81 per cent after 3033 properties went to auction across the combined capitals.
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INDUSTRY NEWS
REIV announces excellence awards
The 2021 Winners of the REIV Awards for Excellence have been announced, with some strong competition across the board.
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SUPPLIER NEWS
REA Group expands its pathway for women in tech
REA Group’s Springboard to Tech Program has paved pathways for women in tech for the last three years, and applications are now open.
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COMMERCIAL
Outlook for commercial property remains positive despite lockdowns
The outlook for commercial property looks strong as tenants return to offices around the country and ecommerce drives record sales.
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INDUSTRY NEWS
Strong selling conditions as new listings surge across Australia
Buyer demand for property continues to outstrip supply across the country, however, listings are starting to increase according to new data.
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FRANCHISE NEWS
Real estate agent’s innovative approach yields rich rewards with @realty
Victorian real estate agent Leo Edwards is far from your ordinary realtor.
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FRANCHISE NEWS
Tight market conditions cause settlement dates to blow out
New data from Ray White indicates that the era of short settlements might be coming to an end.
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