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Rent values increase in more than 90% of Australian markets in the past year - CoreLogic
New suburb-level analysis of CoreLogic’s Mapping the Market interactive tool reveals more than nine in 10 house and unit markets across the country have seen an increase in rents over the 2022-23 financial year.
Featured Property
Mosman harbour views opposite Parriwi Lighthouse - Ray White
52A Parriwi Road Mosman for sale by Geoff Smith and Geoff Allan of Ray White Lower North Shore offers world class views, privacy, and architectural excellence.
REIV responds to State Government consideration of rental caps and restrictions
Real Estate Institute of Victoria CEO, Quentin Kilian, has provided the following statement today as the Victorian Government has indicated, via a media release, that it is considering both restricting the range of a rental increase and banning a rental provider from applying a rent increase any more than once every two years.
Combined clearance rate declines three weeks in a row but remains above 70% - CoreLogic
The combined capitals saw 1,729 homes taken to auction this week, returning a preliminary auction clearance rate of 70.7%.
Rental crisis starts to ease
According to Nerida Conisbee, Ray White Chief Economist, after seeing the biggest jump in advertised rents ever recorded, we are finally starting to see the rate of increase start to slow.
East or West? Australia’s best place to invest - CoreLogic
Research Director Tim Lawless examines the differences between Perth and Sydney when it comes to property investing, and why NSW has the highest proportion of investors despite the high buy-in entry point and low rental yields.
Megan Thomas joins Belle Property Mosman
Belle Property announce the addition of experienced local real estate professional, Megan Thomas, to the Belle Property Mosman team.
John McGrath – EOFY market wrap & what’s in store for FY24
According to John McGrath, Chief Executive Officer of McGrath Estate Agents, the market correction we experienced during FY23 was both short and sharp, with Australian home values returning to growth much earlier than expected.
Barry Plant expands to Yarra Glen tourist hot spot
Award-winning local girl Sarah Savio heads up newest Barry Plant office in the booming tourist and wine region of Yarra Glen in Victoria is a logical business move for the owners of the nearby Barry Plant Croydon. Sarah Savio, as the Yarra Glen branch manager, is the natural choice for the role, according to co-owners Matt Jinks and James Brougham of Barry Plant Croydon.
Wave of investors selling - up to 30% of the market says Ray White Group
The combination of investors coming to market and strong demand from home buyers created the perfect storm for activity at Ray White auctions today. Australasia’s largest real estate group scheduled 316 auctions on Saturday, recording a preliminary auction day clearance rate of 78.9 per cent, an average of 4.2 registered bidders and 3.0 active bidders at its auctions this weekend.
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