Search Results for: urban X
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INDUSTRY NEWS
NZ FHB’s making the most of lower prices
New Zealand first-home buyers have capitalised on lower property prices and other incentives, making up more than one-quarter of property purchases.
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INDUSTRY NEWS
Overseas immigration pushes rents higher in the inner city
Overseas immigration is driving up rents and the impact is being felt most of all in inner city Melbourne according to new data.
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Elite Agent
Nerida Consibee: What the best and worst price growth suburbs say about the market
All suburbs across Australia are seeing year-on-year price growth.
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INDUSTRY NEWS
Herron Todd White: Where you can find affordable homes in Australia
Despite the cost of living rising and property prices outpacing wage growth, there are still places where homes are affordable according to the latest Herron Todd White (HTW) Month in Review.
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Real Estate News
Leading Perth agent to head RE/MAX Extreme South
RE/MAX will expand its presence in greater Perth this week, with the opening of RE/MAX Extreme South in Cannington.
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INDUSTRY NEWS
Affordable rentals have vanished in the past three years
The percentage of rental properties priced under $400 per week has seen a dramatic decline in the past three years, presenting significant challenges for low-income earners.
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Movers and Shakers
Ray White launches in Concord and Five Dock
Locals Concord and Five Dock agents Christian Leung, Rick Pignetti, and Michael Carbone have moved over to Ray White as they hope to continue to grow their reach.
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Real Estate News
NSW has more than 40,000 unused ‘ghost homes’
In the midst of the escalating NSW housing crisis, startling figures have emerged, revealing a vast number of 'ghost homes' lying unused across the state.
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Real Estate News
Australian property market sees a surge in profitability
Even though transaction volumes increased at the end of 2023, the level of loss-making sales dropped to just 5500, according to the latest figures.
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INDUSTRY NEWS
Numbers ‘not adding up’ for New Zealand investors
Despite rising rents in New Zealand, investor yields are still lagging behind mortgage repayments, forcing ‘Mum and Dad investors’ to reach into their own pockets to make up the shortfall.
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Real Estate News
Unlocking Australia’s future: embracing housing density for affordable living
Australia needs to embrace greater housing density, particularly in the capital cities, as a means to combat the housing affordability crisis.
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Movers and Shakers
Ray White Rural Lifestyle Sydney and Ray White Maitland have joined forces
Experienced duo, Greg Wall and Dee Braithwaite have expanded their business with the acquisition of Ray White Maitland.
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Real Estate News
One-in-four eastern state homes paid for with cash
More than $120 billion worth of property was purchased in Australia’s eastern states with cash in 2023.
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INDUSTRY NEWS
High-income households rent more, low-income renters face greater stress
The number of high-income households who choose to rent is on the rise, while lower-income renters are under more financial stress than ever before.
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INDUSTRY NEWS
Queensland and Victoria hold property investment gems
Investors should look towards Queensland, Victoria and Sydney’s west, where tight supply and steady demand are likely to put upward pressure on prices according to new research.
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Real Estate News
Simon Cohen to star on Seven’s Dream Home
High profile buyer’s agent and Elite Agent cover agent, Simon Cohen, has been named as one of three judges for Seven’s new competition renovation series Dream Home.
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Celebrity Homes
Late night TV host Johnny Carson’s mansion hits the market
Johnny Carson, the iconic host of NBC’s The Tonight Show from 1962 to 1992, once called a majestic Colonial-style manor in suburban New York City his home.
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Real Estate News
Could superstar Elton John be moving to Sydney?
The lower north shore's VIP real estate circles are abuzz with speculation that Elton John, the illustrious musician, is eyeing Sydney to add to his impressive property collection.
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Elite Agent
Katrina Tarrant: Leadership lessons from Married at First Sight
It's hard to step into an office without catching a snippet of conversation about soaring living costs, the latest twist in the property sector, or the newest drama unfolding on Married at First Sight.
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INDUSTRY NEWS
Regional areas emerge as sanctuaries from the rental crisis
The rental crisis continues to put renters under extreme pressure, however, new research has found a number of regional areas are emerging as “sanctuaries” for renters in search of relief.
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Real Estate News
Home sweet heart: buyers find love after moving
More than 40 per cent of recent home buyers haven’t just purchased bricks and mortar, but found love after buying their new abode.
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Elite Agent
Aussie suburbs’ love affair with cars amid urban shift
Revving up for the upcoming Melbourne Grand Prix, let's dive into the Aussie suburbs that have an undeniable love affair with their four-wheeled companions.
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WEIRD AND WONDERFUL
Invisible living: hidden earth home hits the market
In a remarkable first-time market entry, a unique earth home, seamlessly integrated into its natural surroundings, has emerged for sale in the Goobarragandra Valley.
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INDUSTRY NEWS
Rents hit another record high but growth likely to slow
Tenants continue to feel the pressure of the housing crisis, with rents surging to a record high and passing $600 per week.
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INDUSTRY NEWS
Property market resilience to be tested in 2024
After bouncing back in 2023, the resilience of the property market is set to be tested according to the latest Herron Todd White (HTW) Month in Review.
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INDUSTRY NEWS
Australia’s most viewed properties in 2023
A chapel with a graveyard, a fixer-upper with 19 bedrooms, a house from The Block, an abode with a Raffles Hotel bar and a breathtaking rural property were among the most viewed homes on Domain this year.
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National
Property prices tipped to rise further in 2024
Combined capital city house and unit prices are tipped to reach a record high in 2024, after price expectations defied forecast declines in 2023.
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Elite Agent
Nerida Consibee: property market predictions for 2024
Despite rapidly rising interest rates and strong population growth, a lack of homes coming to market and overall housing shortages led to big increases in both prices and rents across Australia in 2023.
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INDUSTRY NEWS
REIA President Hayden Groves to hand over the reins
Real Estate Institute of Australia (REIA) President Hayden Groves is set to finish up his term as head of the industry body after two years in the role.
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Celebrity Homes
Brad Pitt and Angelina Jolie’s New Orleans mansion hits the market
In a striking development in the property market, a historic mansion in New Orleans' French Quarter, previously owned by celebrities Angelina Jolie and Brad Pitt, is slated for auction next month.
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INDUSTRY NEWS
Office market declines approaching GFC level
The decline in office assets is approaching GFC levels, with the outlook for 2024 looking “rough” according to an expert.
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CONTRIBUTORS
Michelle May: Property trends that will dominate in 2024
As we fast approach the end of 2023, the Australian real estate landscape is showing clear indications of the trends that will dominate in 2024.
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INDUSTRY NEWS
Secret payouts for properties stretching to centre of the Earth
In a quirky legal twist, dozens of homeowners who live above the troubled $10.8 billion West Gate Tunnel project have secretly won a multimillion-dollar compensation payout because their land titles extend to the centre of the Earth.
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INDUSTRY NEWS
First home buyer demand across New Zealand hits a record high
Despite reduced housing affordability and higher living costs, first home buyers (FHBs) in New Zealand are buying homes are a record rate.
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Elite Agent
Affordable housing strategies that are working in Canada
Cities like Vienna or Singapore are often referenced in news headlines proposing solutions for Canada’s housing crisis.
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