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More properties needed as rents soar to new record - REIWA
As Perth's median rent rose to a record $535 per week in February, REIWA CEO Cath Hart said WA needed 18,000 - 20,000 new rental properties to return to a balanced market.
CoreLogic Home Value Index shows value declines flatten as low advertised stock levels keep a floor under prices
CoreLogic’s Home Value Index (HVI) recorded a sharp reduction in the rate of decline through February. The national index declined -0.14% over the month, the smallest monthly fall since May 2022 (-0.13%), when rate hikes commenced.
Featured Property
Magical hinterland estate with income potential The Coppice for sale - Belle
62 Shaws Lane Tuckombil for sale by Braden Walters and Adam Jones of Belle Property boasts elegant accommodations, rural infrastructure, and event spaces.
Featured Property
Bendemeer 107-acre Surf Coast estate with sweeping views - RT Edgar
615 Pollocksford Road Gnarwarre for sale by Spencer Luppino and Candace Smith of RT Edgar Bellarine is an idyllic oasis just 20km from the heart of Geelong.
Thinking about a holiday home? Forget all the hassles with Ko
Owning a luxury holiday home can be a long-term dream for many Australians. With the introduction of the Ko co-ownership platform to the Asia-Pacific region, that dream no longer has to take years.
Knockdowns fall with dropping investment levels
Knocking down a building often represents the first step in implementing a massive investment in any one property, both in time, and in money. Every quarter, the ABS provides data on the number of new dwellings approved for construction, and for demolition.
Ray White Rural Victoria launches Team Woodley Saba to service Mitchell Shire
Ray White Rural Victoria has recruited Ursula Saba to join Brendan Woodley to service demand. We’re absolutely thrilled to have Ursula Saba join our team to help service both vendors and buyers across Kilmore, Wallan, Broadford and the greater Mitchell Shire region," said Jason Hellyer, Director of Ray White Rural Victoria.
Housing completions fail to keep up with population growth
According to Nerida Conisbee, Ray White Group, Chief Economist, policies that encourage more investors in housing would be the most effective short term solution to solving the housing shortage.
First National announces NSW 2023 General Excellence & Marketing Awards
First National Real Estate’s NSW agents were presented with their 2023 General Excellence and Marketing Awards at Hilton Sydney on Saturday night.
John McGrath – Buyers more decisive as market stabilises
Despite the economic climate and impact of potential further interest rate rises, John McGrath, Chief Executive Officer of McGrath Estate Agents, believes we may be either at or approaching the bottom of this property cycle, and it looks like many buyers agree.
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