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Australia ranks third in the world for the money required to be in the top 1% wealthiest people, according to Knight Frank research
The research found the amount of money you need to be in the top 1% wealthiest people doubled in Australia over the past 2 years, rising from US$2.8m in 2021 to US$5.5m in 2023.
Featured Property
Historic Darling Point Babworth House for sale - Richardson & Wrench
4/1 Mount Adelaide Street Darling Point for sale by Michael Dunn and Marion Badenoch of Richardson & Wrench Double Bay unites modern comfort with traditional grandeur in the award winning Babworth House.
REIA and REA group launch crucial housing investment report on Australian private rentals
REIA President, Hayden Groves said the report, backed by PropTrack data, addresses the key issues facing renters and investors in a market that has reached crisis levels.
Prestige pockets of regional Australia take brunt of market downturn - CoreLogic
Australia’s property downturn continues to take its toll on premium regional markets that benefited most from the mass exodus away from capital cities during the height of the pandemic, with softer values, longer days on market and bigger vendor discounts.
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Split level Portsea beach house for sale - Marshall White
38 Wattle Grove Portsea for sale by Andrew Hayne and Ilze Moran of Marshall White offers the best of Mornington Peninsula living.
Airbnb creating housing crisis for regional Australia - REIA
REIA CEO Anna Neelagama speaks at national press conference on housing crisis facing regional Australia.
Vacancy rates fluctuate across NSW as rental crisis continues to grip market
The REINSW Vacancy Rate Survey results for April 2023 show that residential vacancies in Sydney remain at their lowest level since April 2011.
Ray White Rochedale welcomes agent Jason Song
Brisbane’s southside, Ray White Rochedale is thrilled to announce the addition of a high performing real estate agent to their top performing team.
Combined capitals record a preliminary clearance rate above 70% for the second consecutive week (74.4%) - CoreLogic
Auction activity decreased -3.0% this week, with 1,673 auctions held across the combined capitals. The previous week saw 1,724 homes auctioned, while this time last year, 2,879 capital city auctions were held.
New home sales remain at rock bottom - HIA
“Sales of new homes across Australia rose by 6.8 per cent in April 2023 compared to the previous month,” stated HIA Chief Economist, Tim Reardon.
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