Will rising listings slow the market?
Nerida Conisbee, Chief Economist at Ray White Group, questions whether the robust growth in Australian house prices, which has persisted since the beginning of the year, is approaching its conclusion now that property listings are on the rise once more. This surge in prices has been primarily fueled by a shortage of available properties for sale. However, as the number of listings increases, one might wonder if this marks the culmination of the upward trend in prices.
10 days on market Chelmer riverfront sold for suburb record - Place
116 Queenscroft Street Chelmer sold by Heath Williams and Ann-Karyn Fraser of Place New Farm was designed by Knowlmann McDonald to be situated above Brisbane River flood levels.
Trophy 60m Woolwich waterfront for sale - The Agency
26 Gale Street, Woolwich for sale by Steven Chen of The Agency boasts 60 meters of water frontage with private beach and deep waterfront jetty.
775sqm Gold Coast Malibu Penthouse sold by Sotheby’s for $5.7m
Malibu Penthouse 55/3 Tedder Avenue Main Beach sold by Kim Sharpe and Michael Vettoretto of Queensland Sotheby’s International Realty was newly transformed with a reported seven-figure renovation.
Award-winning Tribe Studio Darlinghurst industrial conversion for sale - Belle
2 Printers Lane Darlinghurst for sale by James Perlowski, Ted Pye and Harrison Reynolds of Belle Property has been transformed from a historic electrical substation into a glowing three-bedroom home.
Builder’s own luxury North Avalon beach house for sale - Belle
53 Marine Parade Avalon Beach for sale by Veronica Allen of Belle Property is a great lifestyle home with stunning views from a headland position.
REIV responds to State Government Housing Statement
REIV welcomes - in principle - government efforts to ensure the long-term sustainability and growth of Victoria’s housing supply. The REIV applauds the focus on improving the availability and quality of social and affordable housing.
Short-term loss-making resales on the rise - CoreLogic
Despite profitability in Australian home resales increasing for the first time in a year, the portion of loss-making short-term resales increased to 9.7%, from just 2.7% a year ago.
148-acre Barwon River lifestyle farm for sale for first time in 30 years - RT Edgar
Ashmount 1131 Hamilton Highway Stonehaven for sale by Spencer Luppino and Candace Smith of RT Edgar offers rural lifestyle living with a productive farm income, only minutes from Victoria's major regional city.
Environmentally friendly Smith Architects design Indooroopilly for sale - Place
55 Lytham Street Indooroopilly for sale by Heath Williams of Place New Farm delivers a tranquil and divinely detailed sanctuary.