A new generation of proptech apps is saving tenants time, money and hassle when applying for rental accommodation in a crowded market
Against the background of Australia’s ongoing rental crisis, proptech apps can deliver tenants a winning edge in a tight market by saving them time, money and hassle when applying for a rental property.
Cyber security at forefront of industry concerns - REIA
Real Estate Institute of Australia’s contribution to the Cyber Security Strategy Discussion Paper found that cyber security issues are of paramount importance to the real estate industry with preliminary insights showing most agents are highly concerned with the economic and reputational...
Preliminary capital city clearance rates slip following a further rise in interest rates- CoreLogic
Auction volumes across the combined capital cities decreased -19.3% to 1,432 this week largely due to the ‘unofficial long weekend’ but also an early indication of the seasonal trend towards an easing in auction activity after the pre-Easter highs.
John McGrath - Always buy quality to achieve the best capital growth
According to John McGrath, Chief Executive Officer of McGrath Estate Agents, no matter what type of property you’re purchasing, buying quality is the crucial factor for achieving the best capital growth over time.
The Quarterly by BresicWhitney: Sydney properties no longer selling at a discount
It’s possible the Sydney property market is nearing the end of its current cycle, with new data from BresicWhitney revealing significantly improved fundamentals for the first quarter of 2023 (Q123) compared to the prior three months (Q422).
Queensland is still worlds away from a healthy rental market - REIQ
Obscenely tight rental conditions continue in Queensland according to the latest Residential Vacancy Rate Report released by the Real Estate Institute of Queensland (REIQ).
We’re now consistently seeing house price growth across every Australian capital city. Like every downturn, we’ve seen prices fall far less than what’s generally predicted. Housing markets almost always surprise with strength on the upside and see far less robust declines when the market turns,...
Growth in Australian construction costs finally show signs of easing - CoreLogic
After two years of unabated increases in the price to build a new home or renovation, there are signs pressures on construction costs are easing despite lingering labour shortages and volatility among timber, metal and petrol prices.
Andrew Meehan REIV President noted that the property market is still stabilising after the price boom the pandemic instigated, and while there’s still uncertainty around the future impact of interest rate rises in the market, there is positive activity.