Search Results for: melbourne
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INDUSTRY NEWS
Queensland named number one property investment location
A new report has highlighted Queensland as Australia’s number one property investment location.
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CONTRIBUTORS
Why online offer management is the way forward post COVID-19
Does online offer management have a place in real estate beyond COVID? Market Buy's John Hallaby believes it does for a host of different reasons.
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Real Estate News
Auction volumes rising as clearance rate tops 80 per cent
Auction volumes are continuing to increase, with CoreLogic reporting a preliminary clearance rate of 81.8 per cent after 2920 properties were taken to auction across the combined capitals.
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INDUSTRY NEWS
Record demand for regional NSW property continues
Record real estate activity in many areas of regional NSW, has local agents thinking that there could be more strong house price growth ahead.
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INDUSTRY NEWS
Melbourne maintains $1 million median price as regions boom
House prices across Victoria remain incredibly strong, with the Melbourne median price above $1 million and regional areas growing at a record pace.
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INDUSTRY NEWS
Demand for property reaches an all-time high
It appears that nothing can slow down the red hot property market as both demand and transaction numbers continue to skyrocket.
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INDUSTRY NEWS
Auctions kick up a gear in busiest week in more than six months
This week is shaping up to be the busiest week for auctions since March, with more than 3000 properties set to go under the hammer across the nation – including the return of onsite auctions in Sydney. CoreLogic’s National Auction Market Preview shows 3096 auctions are booked across the combined capital cities for the week ending October 17, including 983…
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INDUSTRY NEWS
Unit rents rise for the first time since before the pandemic
In what is another positive sign for the property market across the country, units rents have risen for the first time since the onset of COVID.
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INDUSTRY NEWS
Warrnambool agent to test Victorian vaccine certification technology
A Warrambool real estate agency is playing its part in getting Victoria ready to reopen, taking part in the state’s “Vaccinated Economy trials”.
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INDUSTRY NEWS
The top suburbs where there’s still room for price growth
It’s no secret the property market has been running hot in 2021, but according to buyer’s agency network, BuyersBuyers there are still opportunities for growth in the country’s top three markets.
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INDUSTRY NEWS
Over 80 per cent of auctions successful in all capitals
Every capital has reported a preliminary clearance rate of above 80 per cent this week as auction volumes rise across the country.
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INDUSTRY NEWS
Victorian Government launches $500 million fund to help residents buy a home
The Victorian Government has launched a $500 million shared equity fund to help Victorians buy their own home.
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COMMERCIAL
Industrial and logistics real estate market tipped to skyrocket
Australia looks likely to be the major beneficiary of booming investment in the logistics and industrial real estate market, according to a new report by JLL..
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INDUSTRY NEWS
Auctions and open homes can be held across NSW
Freedom Day arrived in NSW yesterday with some good news from the State Government in that on-site auctions and open homes can take place statewide. Minister for Better Regulation and Innovation Kevin Andrews said there was currently no restrictions on where a live auction or open home could be held. “The Public Health order notes that from 11 October there…
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INDUSTRY NEWS
Office occupancy rates call for CBD recovery
As lockdowns on the East Coast begin to wind back, there have been calls for workers and businesses to return to the hard-hit CBD.
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FRANCHISE NEWS
Melbourne agent doubles GCI in 12 months during lockdown
Last year, Daniel Di Battista launched his business in Melbourne, the most locked down city in the world and 12 months later has doubled his GCI in his first year with UrbanX, completely exceeding his expectations.
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INDUSTRY NEWS
National rental vacancy rate clocks up its fifth month at just 1.7 per cent
The national vacancy rate remains low, clocking up its fifth consecutive month at just 1.7 per cent, according to new data released by Domain.
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INDUSTRY NEWS
The top Sydney and Melbourne suburbs with potential for unit oversupply
Schofields, Gosford and Rouse Hill are among the top Sydney and NSW suburbs most at risk of unit oversupply and potentially poor metrics for landlords, new research has revealed.
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OPINION
Will there be a real estate lockdown legacy in Sydney and Melbourne?
Property market commentator Simon Pressley has warned of a lockdown legacy in the making due to the exodus of residents from Australia’s two largest cities.
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Real Estate News
Busiest auction week since mid-July as Melbourne records its second highest clearance rate this year
CoreLogic has reported this was the busiest auction week since mid-July, with the preliminary clearance rate also on the rise and Melbourne returning its second highest initial success rate of the year.
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Real Estate News
Authorised workers required to be vaccinated in Victoria
All "authorised workers" across Victoria will be required to have at least one dose of the COVID-19 vaccine by Friday 15 October in order to continue working.
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INDUSTRY NEWS
REIA claims the Government bolsters its coffers at housing affordability’s expense
Real Estate Institute of Australia (REIA) President Adrian Kelly believes stamp duty has become the antiquated blight of the Australian housing sector, based on new findings.
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INDUSTRY NEWS
Perth house prices rose 18 per cent in the last 12 months
oreLogic has announced a revision of its Perth home value index, confirming the Western Australian capital has seen an increase of 18.1 per cent above in the past 12 months.
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FRANCHISE NEWS
Belle Property welcomes three new offices in Townsville and Sandringham
Belle Property has announced three new offices are set to open in Queensland and Victoria.
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INDUSTRY NEWS
Sydney sellers cash in with 97.6 per cent of housing resales selling for a profit in June
In Sydney over the June quarter, 97.6 per cent of houses sold for a nominal gain, the highest level since 1982, says CoreLogic
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APPOINTMENTS
New names in Harcourts, Knight Frank and deVere Group leadership teams
Harcourts Western Australia, Knight Frank Australia and deVere Group have announced their new leadership appointments.
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INDUSTRY NEWS
School zones create a house price premium
New Domain research has found many school catchment zones continued to add a significant premium onto already spiking property prices across Australia.
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INDUSTRY NEWS
Highest auction clearance rate since March
A sharp drop in the number of withdrawn auctions in Melbourne and Canberra has resulted in the highest auction clearance rate since March this year.
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INDUSTRY NEWS
New and total listings drop across Australia as national rental supply nears all-time low
The Australian rental market has become increasingly competitive as available rental supply continues to sharply decline over 2021.
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FEATURE INTERVIEWS
Rohullah Paykari kicks off new agency on the right foot
former champion kickboxer, Rohullah Paykari is no stranger to a tough fight. While opening his agency in the middle of a global pandemic presented just that, the LJ Hooker Dandenong director has shown discipline and commitment can defeat any opposition
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FRANCHISE NEWS
Melbourne agents embrace Eview Group’s ‘Your Brand Your Business’ model
Anthony Alagona, Omar Morsi and Daniel Sacco are the latest agents to embrace the Eview Group's 'Your Brand Your Business' model
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National
Perth’s most affordable house prices compared to Melbourne and Sydney
Perth is known to be one of the most affordable cities in Australia to buy a house, but nothing makes this more evident than looking at the equivalent suburbs in pricier Sydney and Melbourne.
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Real Estate News
How low can we go? Records slashed again as lowest home loan rate drops to 1.59 per cent
How low can we go? Home loan rates have dropped to a record low of 1.59 per cent, a further 0.20 per cent below the latest record.
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Real Estate News
How millennials’ digital habits and home ownership trends have impacted the Australian property market
Millennials are a digitally savvy generation, going online to shop, socialise and work. So it is little surprise they would seek out digital alternatives in real estate, too.
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VIC Real Estate News
Real estate industry leaders react to Victoria’s roadmap out of lockdown
Melbourne's real estate industry is set to see a lockdown-related milestone on October 26, as on-site outdoor auctions will be able to resume with up to 50 fully vaccinated attendees and one-on-one inspections resuming.
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