Peppermint Grove, Perth, Australia's least affordable suburb: Bankwest First Time Buyer Report
The average Australian will have to save for 4.6 years to save enough for a 20 per cent deposit on a median-priced home, according to Bankwest's First Time Buyer Report.
Almost 50% of groups at Darwin open homes are first-time buyers, with satellite city Palmerston attracting the most first-home buyer attention, says Glenn Grantham of Raine & Horne Darwin.
Sydney's true clearance rate could be 40%: John Cunningham, REINSW
An unusually high percentage of Sydney auction results weren't reported last week, says REINSW president John Cunningham, causing him to ponder the worst-case scenario: if those properties didn't sell, Sydney's clearance rate could be 40 per cent.
A significant fall in the number of properties listed for sale in Perth suggests the market could be recovering, says Shane Kempton, Chief Operations Officer of Professionals Real Estate Group.
Get to know Elaine Mills, winner of the Innovation Award at the REINT 2017 Awards for Excellence
Elaine Mills speaks to SCHWARTZWILLIAMS about the innovations she has introduced in her business, including employing virtual assistants in the Philippines to do the administration for her property managers.
"The Sydney Auction market took a leap forward this weekend," says John Cunningham, president of the REINSW, with the clearance rate recovering from its plunge into the 50s the previous week.
Architect owned and designed townhouse in Darwin's exclusive Fannie Bay open for 12-hour inspection today
Karl Secondis of One Real Estate, Darwin, has been a successful agent for more than 20 years. Today he is trying something new: his property at 1/34 George Crescent, Fannie Bay, is open for inspection from 7am until 7pm.