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When will house prices be back to peak?
We’re now consistently seeing house price growth across every Australian capital city. Like every downturn, we’ve seen prices fall far less than what’s generally predicted. Housing markets almost always surprise with strength on the upside and see far less robust declines when the market turns, says Nerida Conisbee, Ray White Chief Economist.
Growth in Australian construction costs finally show signs of easing - CoreLogic
After two years of unabated increases in the price to build a new home or renovation, there are signs pressures on construction costs are easing despite lingering labour shortages and volatility among timber, metal and petrol prices.
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Frank Lloyd Wright-inspired Teneriffe sold for suburb record $6m - Place
281 Kent Street Teneriffe sold by Heath Williams of Place New Farm smashed the Teneriffe suburb record for a sub 400sqm non riverfront block.
House prices settle across Victoria - REIV
Andrew Meehan REIV President noted that the property market is still stabilising after the price boom the pandemic instigated, and while there’s still uncertainty around the future impact of interest rate rises in the market, there is positive activity.
John McGrath – Best tips for buying pre-auction and on the day
According to John McGrath, Chief Executive Officer of McGrath Estate Agents, fate can play a hand in finding the right property.
Featured Property
The Oxlade New Farm riverfront whole floor sub-penthouse for sale - Place
18/80 Oxlade Drive New Farm for sale by Sarah Hackett and Charmaine McDonald of Place New Farm offers 507sqm whole floor luxury with a notable riverfront address.
Featured Property
5-acre Mornington Peninsula for sale - RT Edgar
Iragana 534 Purves Road Main Ridge for sale by Samantha Moffatt, Jo Brady, and Holly Longmuir of RT Edgar Mornington Peninsula offers some of the best views in the area.
Superannuation reform an opportunity lost to assist younger generations and retiree renters being denied home ownership - REIA
Real Estate Institute of Australia (REIA)’s ‘Submission: Legislating the Objective of Superannuation’ has encouraged the Treasury to take a bigger picture approach to defining what a successful retirement means.
Auction clearance rate hits highest level since May last year
Strengthening market conditions and improved buyer confidence has resulted in the auction clearance rate increasing to be the highest level since May last year, according to the latest Apollo Auctions Auction Report.
Featured Property
Private ski-in ski-out Mount Buller Alpine chalet for sale - Castran
Stirling Lodge at 27 Summit Road Mount Buller for sale by John Castran and Maya Balvonova of Castran is one of Alpine Australia's finest freestanding private chalets.
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