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Melbourne no longer Australia’s cheapest rental market - CoreLogic
Tenants may be relieved to hear Australia’s monthly rate of rental growth eased in June, but ongoing demand pressures and chronic undersupply has kept rental growth, particularly for units, well above long-term averages.
Featured Property
Beautifully restored 1907 Byron Hinterland retreat for sale - First National
388 Repentance Creek Road Federal for sale by Denzil Lloyd and Tara Torkkola of First National Byron is a picture perfect lifestyle hideaway in the Byron Hinterland.
Rent caps - a disastrous policy for any State says REIV
According to REIV CEO, Quentin Kilian, residential rental providers have been threatened in recent times with rent freezes, which are nothing more than a knee jerk reaction to an issue that requires careful deliberation, consideration and longer-term solutions.
REINSW 2023 Awards for Excellence finalists announced
The Real Estate Institute of New South Wales (REINSW) has announced the finalists for its annual Awards for Excellence.
Interest rates on hold, but downside risks remain for the housing sector - CoreLogic
The RBA held the cash rate at 4.1%, but kept the door open for a rate hike in August, citing ongoing concerns around the trajectory of inflation amid tight labour markets and uncertainty relating to the household sector
Interest rate commentary by Geoff Lucas
The Agency Managing Director and CEO Geoff Lucas said he had anticipated two interest rate rises over the next three months.
Ray White opens its doors in Sunshine - Ray White
Luc and Marcus are names that are synonymous with residential real estate in Sunshine and the surrounding suburbs. Combined, the personal brands of Luc and Marcus and the innovative capability of Ray White has brought a fresh choice and a new approach to the dynamic property market of Melbourne’s west.
The pipeline of new home building continues to fall
“The number of new homes commencing construction is set to continue to decline, with record low levels of lending for new home building projects so far this year,” stated HIA Chief Economist, Tim Reardon.
Pet-friendly properties on the rise - Ray White
According to William Clark, Ray White Data Analyst, the more a state favoured the landlords’ right to refuse pets from the property, the more frequently other landlords would express the opposite sentiment and advertise a pet-friendly property.
New leadership, new location for Belle Property Surry Hills
Belle Property, announced that two of its leading inner Sydney agents, Ted Pye and James Perlowski, will become the new Co-Principals at Belle Property Surry Hills as the office relocates to a new site in Foveaux Street.
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