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National dwelling values stabilise - CoreLogic
The primary drivers for the turnaround in housing market performance were Sydney and Melbourne, where values have ticked higher over the past two months, taking values 0.3% off their floor in Sydney and 0.4% higher in Melbourne.
Modest recovery not enough for fleeing investors
The first six months of 2019 has seen overall transactions for this year down 1.9% on 2018, and down 0.5% in cumulative value. Across the state, house prices increased 4.2% over the six months whilst units were up 6.6% and land rose 7.5%.
All in the family
Ray White Helensburgh celebrate the achievements of Ken McCarthy, one of Ray White’s oldest members.
Featured Property
Near new deep waterfront home on Scotland Island
This home on Sydney’s Pittwater is so close to the water that you could cast a line out of your kitchen window to catch dinner. For sale by Lachlan Elder of LJ Hooker Mona Vale.
Apartment supply falls a further 12% - JLL
JLL data showed the number of apartments under construction in the inner-city regions of Australia’s six major capital cities fell a further 12% in 2Q19 to 39,660 apartments and was down 21% over the past year.
Victoria recognises best building designs at awards
The Building Design Awards held last weekend at the National Gallery of Victoria celebrated the 42 awardees in building design.
The Agency opens two new Victorian offices
The Agency has welcomed two brand new offices in Victoria, located in Mansfield and in Hawthorn.
Featured Property
The Palms: a grand waterfront estate
Positioned on half an acre of prime north-facing land on Main River, this Broadbeach Waters home sprawls over 3 levels with internal lift. For sale by Sam Guo and Julia Kuo of Ray White Broadbeach.
New home sales see growth for the first time since 2017, HIA
Around the states, new home sales rose for the June quarter compared to the previous quarter in Victoria (+5.1 per cent), Western Australia (+2.9 per cent) and South Australia (+2.6 per cent).
Home loan borrowers no longer complacent, says report
The Lendi Home Loan Report highlights that homeowners who settled with a non-big four lender in 2019 have signed up to loans with median interest rates between five and 22 basis points lower than borrowers settling with a big four bank.
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