Search Results for: melbourne
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INDUSTRY NEWS
Victoria’s roadmap: On-site auctions back in Melbourne from October 26
The auctioneer's hammer is expected to fall out the front of Melbourne properties again in late October, after the Victorian Government outlined the state’s roadmap out of lockdown on Sunday.
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Real Estate News
Clearance rate improves across higher volumes
With one-on-one inspections now permitted in Melbourne, auction volumes have increased slightly this week while the combined capital preliminary clearance rate also edged higher to 74.6 per cent.
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National
Australia’s population growth rate is the slowest in more than 100 years
Australia's population only marginally grew in 2020, primarily due to the impact of international border closures on overseas migration.
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VIC Real Estate News
Home inspection rules ease as Victoria hits 70 per cent vaccination milestone
Locked-down areas in metropolitan Melbourne and Ballarat will be able to resume real estate inspections by appointment from 11:59PM Friday 17 September.
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INDUSTRY NEWS
Sydney sees newfound confidence as new listing rates improve
The NSW Government's pathway out of lockdown has instilled newfound confidence in Sydney residents, according to REA Group's newly released PropTrack Listings Report September 2021.
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Real Estate News
Melbourne lockdown no match for Mahesh and the OASIS platform
Lux Real Estate’s Mahesh Ranawaka says @realty's OASIS helped him not just survive but thrive in the difficult COVID-19 business environment.
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INTERNATIONAL
What $1 million will buy you around the world in 2021
While Australia's house prices continue to rise, Ray White Chief Economist Nerida Conisbee has considered whether you could find better value in one of your favourite holiday destinations.
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INDUSTRY NEWS
Herron Todd White: Property clock has run out of batteries with no movement in any market
With the property market remaining the same as July, Herron Todd White’s property clock indicates nearly all Australian residential property sectors are either rising or approaching the peak. Herron Todd White‘s (HTW) August residential property clock remained identical to last month, with no positional changes in houses or units. The commercial property clock saw some changes. Residential property clock The…
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FEATURE INTERVIEWS
Making an impact in Canberra: Guy Randell
Guy Randell he got his start in the industry and why his first-hand experience sets him apart in the competitive Canberra market.
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Real Estate News
Could Vic lockdowns create the risk of an unregulated environment?
Ray White Victoria’s chief executive officer has expressed concern the current lockdown restrictions affecting real estate in Melbourne could result in an unregulated environment where desperate buyers take matters into their own hands.
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Real Estate News
Auction volume and clearance rate enjoy slight increase
There has been a slight increase in auction volume this week as the preliminary clearance rate also took an upward turn.
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Real Estate News
Differences between inner, middle or outer rings in Australia’s high performing cities
PRD has provided insights into the best areas to invest, buy and rent in major Australian capital cities, such as Brisbane, Sydney, Melbourne and Perth.
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INDUSTRY NEWS
Australia’s property market defies logic
Real estate experts believe traditional property valuation metrics and sales performance don't provide an accurate prediction of property sales prices in many parts of Australia.
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CONTRIBUTORS
Top 10 things to watch in the Australian property market
After correctly predicting this national property boom, Propertyology Head of Research, Simon Pressley now takes a look at the things that will shape future property market performance.
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INDUSTRY NEWS
RBA’s cash rate hold of 0.1 per cent will motivate Australians to look into refinancing
Mortgage Choice and Smartline CEO Susan Mitchell said the Reserve Bank of Australia's (RBA) decision to keep the nation's official cash rate on hold at 0.1 per cent will continue the increasing trend of refinancing.
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INDUSTRY NEWS
Sydney homebuyers might have to find another $76,600 in the next 12 months
Experts in Finder's RBA Cash Rate Survey have estimated property prices are set to rise an additional 8 per cent by July 2022.
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Real Estate News
Lower volumes lift the auction clearance rate
Auction volumes have dropped this week, but the clearance rate has risen, with 1535 properties taken to auction nationally, res
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VIC Real Estate News
Melbourne’s student housing reduced to “skeleton skyscrapers” amid international border closures
Border closures that stopped thousands of international students studying at Australian universities, has reportedly caused entire buildings to remain vacant, impacted on small businesses, and left self-funded retirees worried about how they will pay their mortgages.
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INDUSTRY NEWS
How has the current housing market coped with lockdown compared to 2020?
The past year saw remarkable levels of adaption in the real estate sector, according to CoreLogic. But are we coping better than 2020?
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FEATURE INTERVIEWS
How to create an A-grade team: Sam Rigopoulos
Cold selling and team leadership are two of the most daunting aspects of real estate. Sam Rigopoulos reveals how he conquered both
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INDUSTRY NEWS
Lockdown not a predictor of low national vacancy rates
While national vacancy rates remain steadily low in August, capital cities have seen varying rates that are not always congruent with their lockdown status, according to Domain.
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QLD Real Estate News
Cooley partner David Holmes wins REIQ auctioneering competition
Cooley partner David Holmes recently won the annual auctioneering competition held by the Real Estate Institute of Queesland (REIQ).
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Real Estate News
Pet ownership has surged, but so has the number of animals being surrendered
Google Search data indicates more Australians are looking to adopt a dog as lockdowns continue, but shelters are reporting more returns.
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Real Estate News
National home prices continue to rise but housing boom is slowly losing steam
Affordability constraints, rather than lockdowns, have slowed but not halted the rise in property values, according to the latest report from CoreLogic.
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APPOINTMENTS
Growth despite lockdown: New offices open in NSW and Victoria
New South Wales and Victorian agencies have had their fair share of struggles courtesy of recent lockdown restrictions, but that hasn't stopped three new offices from opening.
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Real Estate News
Love Island twins team up with Ray White Cheltenham for The Block sale.
Former Love Island stars, Luke and Josh Packham, have joined forces with Ray White Cheltenham director, Kevin Chokshi, to sell their four-bedroom home on this season of The Block.
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Real Estate News
Melbourne withdrawals weigh heavily on auction clearance rate
Scheduled auction volumes might have increased this week, but with 64.3 per cent of all Melbourne auctions withdrawn, the preliminary clearance rate has slumped to its lowest level since late April last year.
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Elite Agent
How to use video for leasing in lockdown: Marcel Dybner
Besser + Co partner Marcel Dybner has revealed how using videos for rental leases has significantly helped maintain business while in lockdown.
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SUPPLIER NEWS
Regional housing affordability is deteriorating faster than capital cities
HIA has found the affordability of regional housing is deteriorating at a much faster rate than capital cities
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NSW Real Estate News
Why we should be encouraging more pet ownership in apartments
More Sydneysiders are set to become pet owners thanks to the new NSW laws that has reduced strata's blanket pet bans.
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INDUSTRY NEWS
Where is the next Byron Bay?
Ray White chief economist Nerida Conisbee has analysed which beachside suburbs are about to see a Byron Bay-style boost in popularity.
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Real Estate News
Westpac warns Australia’s housing market is losing momentum
Australia’s housing market has fallen into “tricky territory” amid lockdowns and the affordability crisis, says Westpac's Quarterly Housing Pulse
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INDUSTRY NEWS
Westpac is the first major bank to cut their variable home loan rate to 1.99 per cent
Westpac has become the first big four bank to offer a variable home loan rate under 2 per cent, however the rate is only introductory.
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INDUSTRY NEWS
What current property market trends tell us about the future of Australian real estate
The Agency CEO Matt Lahood joked the property market's progress was "not bad at all", considering how many regions have been in lockdown.
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Real Estate News
Withdrawals see clearance rate drop to lowest level since July 2020
This week saw the lowest preliminary clearance rate recorded since July last year, with only 63.3 per cent of the 1977 auctions scheduled for this week proving successful.
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