Search Results for: melbourne
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Elite Agent
Real estate in the fast lane: Rae Mano
From luxury car sales to prestige real estate, Rae Mano loves selling opulence. As he explains to Kylie Dulhunty, property and cars have much more in common than just an expensive price tag.
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Real Estate News
The Agency releases Autumn Property Report, issues interest rate warning
The Agency has just released its Autumn 2021 Property Report, with CEO Matt Lahood pointing out the combined capital city dwelling values rose by 2.8 per cent in March, the fastest rate in 32 years.
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Real Estate News
Trans-Tasman bubble could lead to student rental resurgence
The trans-Tasman bubble between Australia and New Zealand could signal the start of a return to normal for city rental markets, according to Raine & Horne.
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INDUSTRY NEWS
Slight drop in auction volume and clearance rate
This week CoreLogic reported there were 2041 capital city homes taken to auction resulting in a preliminary clearance rate of 78.5 per cent.
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INDUSTRY NEWS
Capital city auction volumes set to dip slightly
Auction volumes look set to slow slightly this weekend, with 2099 properties expected to go under the hammer across the capital cities. CoreLogic’s National Auction Market Preview shows that number is down on the 2467 auctions held last week, but it’s still significantly higher than the 413 auctions run a year ago. Melbourne auction numbers are set to drop 23.6…
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Real Estate News
Preliminary clearance rate tops 80 per cent on the back of higher volume
The combined capital city preliminary clearance rate has risen to 80.5 per cent this week after volume bounced back from the Easter slowdown. CoreLogic reported 2448 homes were taken to auction this week. Over the week prior, a lower 2199 auctions were held with preliminary figures showing 79.4 per cent of homes sold. That success rate later revised down to…
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Real Estate News
Metro Melbourne median house price passes the $1 million mark
The median house price in Victoria has recorded one of its largest quarterly increases, with the value of Melbourne metropolitan houses passing $1 million.
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Real Estate News
Domain report shows house rents hit new highs in most capital cities
Domain has just released its Rent Report for the March quarter, with data showing every capital city in the country bar Melbourne, Perth and Darwin hit new record highs in the first three months of 2021.
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Real Estate News
Century 21 opens five new offices in five weeks
Century 21 has experienced strong growth in Australia and New Zealand so far in 2021, with the network opening five new offices in the past five weeks.
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Real Estate News
CoreLogic data shows auction clearance rates hit 80 per cent
CoreLogic has released its Quarterly Auction Market Review, today, revealing Australia's combined capital cities clearance rate reached 80.0 per cent over the first quarter of 2021.
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Real Estate News
Post Easter auction volumes climbing again
Auction volumes rose across the combined capital cities this week with 2170 homes taken to auction, increasing on the 845 auctions held over the Easter week.
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Real Estate News
Would scrapping negative gearing lead to more affordable house prices?
House prices are back in the news, and out of control. In the past three months the median house price in Sydney has risen by more than A$100,000 to A$1.12 million.
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Real Estate News
LJ Hooker goes for Gold with digital video series focused on Coast
LJ Hooker Solutions Gold Coast is putting the region’s property market on the national stage, with a new digital series hosted by television personality Melanie Symons set to launch this month.
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Real Estate News
CoreLogic data confirms national housing values hit new record high last month
Low mortgage rates, a rise in consumer sentiment and low listing volumes combined to propel national housing values to new record highs in March, according to CoreLogic’s latest Property Pulse report.
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Real Estate News
Build-to-rent surge will change apartment living for Australians, but for better or worse?
Australia’s emerging build-to-rent sector is growing — “booming” by some accounts with a 70 per cent jump in value in the past year.
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Real Estate News
One in five first-time buyers considering crossing the border to enter property market
First-time homebuyers are increasingly looking outside their own back yards in an attempt to get a foothold in the property market, with many considering purchasing interstate, according to new research from comparison site Finder.
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Elite Agent
Simon Pressley: Going against the grain
He’s a three-time REIA Buyer’s Agent of the Year and Australian Real Estate Hall of Fame inductee, and as Managing Director of Propertyology, Simon Pressley has built a well-earned reputation as one of the nation’s most astute property analysts. Simon is renowned for challenging conventional wisdom and has correctly forecast some of the biggest market trends that others in the…
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Real Estate News
CoreLogic data reveals busiest Easter auction week on record
The weekend before the four-day break helped make for the highest-volume week of auctions in three years, but that didn’t stop buyers and sellers coming out in droves over the weekend for the busiest Easter week of activity on record.
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Real Estate News
Expats are coming home to boost Australia’s already-soaring property market
Well-heeled expatriates returning to Australia are helping drive the nation’s booming property market to new highs, according to the Property Investment Professionals of Australia.
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Real Estate News
Good Friday Appeal Charity Auction sets new record
The hammer has fallen on this year’s Good Friday Appeal Charity Home Auction in Victoria, with the fully furnished Vogue 34 Henley home at Rathdowne Estate setting a new record of $903,000.
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Real Estate News
CoreLogic national home value index rises at fastest rate in more than 30 years
CoreLogic’s national home value index rose by 2.8 per cent in March, the fastest rate of appreciation in more than 30 years.
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Real Estate News
Building approvals soar across the nation
New Australian Bureau of Statistics data shows the number of building approvals across the nation skyrocketed in February. According to the ABS data released today, the number of dwellings approved rose 21.6 per cent in February, seasonally adjusted, after falling 19.4 per cent in January. ABS Director of Construction Statistics Bill Becker said approvals for private houses had increased 15.1…
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Real Estate News
Capital city CBD occupancy rates on the rise
The latest Property Council of Australia office occupancy survey has revealed more workers are returning to capital city CBDs, with figures showing Melbourne, Sydney and Perth recorded a rise in occupancy levels in March.
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Real Estate News
Melbourne’s property values reach new record high
Melbourne’s property values have reached a new record high, with figures showing prices have now surpassed their previous peak.
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Real Estate News
Time to shine for First National’s top Victorian and Tasmanian performers
First National Real Estate’s Victoria and Tasmania agents have been recognised for their achievements in 2020, with the network holding its final state-based General Excellence and Marketing Awards event of the year at Melbourne’s Grand Hyatt on Saturday night.
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Real Estate News
Clearance rate rises in busiest week of auctions since 2018
The busiest week of auctions since 2018 proved a major success, with the preliminary clearance rate sitting at 84.4 per cent after 3791 properties were taken to auction at the weekend. CoreLogic noted this is the highest volume of auctions since March 25, 2018 when 3990 capital city homes went under the hammer. It’s also a significant increase on last…
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Real Estate News
HTW property clock reveals Melbourne, Sydney and Sunshine Coast on the rise
Herron Todd White have released their monthly property clock and unsurprisingly, Melbourne is one of the markets forecast as being on the way up, officially swinging to 'rising market' status.
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Real Estate News
CoreLogic forecasting third-busiest auction week since 2008
Following a solid week of activity last week, CoreLogic is forecasting this week to be the third-busiest week for auction volumes across the combined capital cities since it began collecting auction data in 2008. There are 3380 properties scheduled to go under the hammer across the combined capital cities this week, which represents a 43 per cent increase on last…
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Real Estate News
Andy Reid handed the hammer for Good Friday Appeal charity auction
After 13 years at the helm of the annual Good Friday Appeal Charity Home auction, Real Estate Institute of Victoria’s Master Auctioneer and four-time winner of the institute’s Senior Auctioneering competition Adrian Butera is handing over the hammer.
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Elite Agent
Video of the week – Chip off the old block
Noel Jones Real Estate recently listed a century-old Melbourne terrace house at 438 Lygon Street, at Carlton, which is in need of some TLC, but rather than hide from the fact, the agency has decided to give a warts-and-all video tour with a tongue-in-cheek nod to The Block.
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Real Estate News
CoreLogic report shows more gain than pain for resales in December quarter
There was an increase in the profitability of Australian real estate in the three months to December 2020, with almost 90 per cent of sales resulting in a gain, according to the latest CoreLogic Pain and Gain quarterly report.
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Real Estate News
Eview Group’s Melbourne growth continues
Eview Group's mammoth growth continues, as the network expands their reach across the North Melbourne property market with the addition of a new brand.
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Real Estate News
UrbanX marks the spot for Gavin Croft’s latest role
Experienced real estate industry executive Gavin Croft has been appointed Director of Growth at UrbanX, a support platform for high-performance agents wanting to create their own brands.
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Real Estate News
Nerida Conisbee to join Ray White as the group’s first Chief Economist
Ray White has announced the appointment of its first ever Chief Economist, with Nerida Conisbee set to start in the newly created role in June.
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Real Estate News
Auction volume rising, clearance rate holds firm
It’s been the busiest auction week since April last year, and volume is set to increase again, with CoreLogic tipping a three-year auction volume high next Saturday when 3800 properties are slated to go under the hammer. Key auction market points Busiest week since April last yearPreliminary clearance rate: 82 per centSevere weather did little to impact Sydney marketSydney now…
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