After an unseasonably hot winter, the auction market continues to sizzle across the country throughout the spring selling season in September. Australasia’s largest real estate group recorded a preliminary auction day clearance rate of 84 per cent across the country …
This week Ray White Chief Economist, Nerida Conisbee looks at Australia’s top house flipping suburbs, as well as how COVID has driven up household wealth Where is our house flipping capital? In boom markets, house flipping (buying and selling a …
This week I take a look at Australia’s top house flipping suburbs, as well as how COVID has driven up household wealth Where is our house flipping capital? In boom markets, house flipping (buying and selling a house within 12 …
Nerida Conisbee, Ray White Chief Economist Would you buy a house, even if you had never physically seen it, let alone been inside? Across Australia, we are now seeing more homes being sold sight unseen. In Melbourne alone where it …
An extensive parcel of land in the Southern Highlands at Berrima, once earmarked by Hume Coal for a mine, is now on the market to be sold in one line with offers over $60 million expected. Ray White Rural sales …
Ray White’s legendary Real Estate of Origin appraisal drive reached a new level of friendly rivalry, banter and competition yesterday. The bi-annual drive was powered by NurtureCloud – Ray White’s latest innovative prop-tech tool which turbocharges an agent’s call list …
AUCTIONS aren’t just good theatre, the sale method could also make vendors more than 12 per cent more on their property. In August, the price gap between auctioned properties that sold prior and those that sold under the hammer was …
This week, I take a look at inflation and interest rates as well as the world’s new richest man and what that means for property. Inflation fears are abating, good news for interest rates High inflation is something that was …
Vicki Pain, principal of Ray White Rural Dayboro and Ray White Rural Eumundi, and a 20/21 Ray White Rural Chairman’s Elite Agent, has shared her unique story and perspective on success within the real estate industry. Vicki’s entry into the …
“I started with Ray White Commercial 13 years ago now, I think that speaks volumes.” Those were the words of Commercial Property Management Business Development Executive Leteicha Wilson when asked if she would recommend Australasia’s largest real estate group …
Saving to buy a first home has never been easy, but with prices reaching new highs around the country, it takes more discipline than ever. But it’s not just the deposit that first-home buyers have to save. Upfront expenses can cost first-home buyers thousands of dollars, and need to be … Read more
ou’ve reached that point where your property needs have changed. Maybe you want more space, different features or a whole new lifestyle. Relocating could be the answer. But how will this impact you financially? And what do you need to consider when relocating within the same area, as opposed to … Read more
Real estate agents in Victoria’s coastal regions say they have never experienced a winter like it, with demand from Melbourne-based home buyers outstripping supply and many auction campaigns being reduced to just three weeks to keep up with the demand. Emil Foller, the director of Jellis Craig Sorrento, says the … Read more
Victoria’s official real estate report card for 2020 has revealed one of the state’s biggest years for property deals on record, with an estimated $120.5bn in sales despite the pandemic. The figure in the Valuer-General’s Guide to Property Values released this week is the third highest ever recorded, and includes … Read more
Now that we’re spending an increased amount of time indoors, many of us may be starting to wonder about the state of the air we breathe in inside the home. I was so interested that I sent the filter in my Dyson Pure Hot and Cool purifying fan heater back to the … Read more
Working from home is here to stay for many of us. The problem lots of people have, though, is that their homes don’t include dedicated office space. But surprisingly, there are lots of small space in your home that can be converted to a workspace if you get creative. As … Read more
Buyer demand on realestate.com.au dipped slightly last week, with multiple states and territories heading into lockdown. The REA Insights Buyer Demand Index declined 1% last week. Demand is now 8.6% lower than its peak in February this year, though remains well above levels seen at the same time 12 months ago. Victoria … Read more
Phillip Lowe, the governor of the Reserve Bank of Australia, gets many letters and emails from retirees complaining they can’t live on the interest from their savings when interest rates are so low. “I read these letters, many of them are very heartfelt and I feel very bad for the … Read more
The Australian property market has soared above its pre-COVID peaks, reaching uncharted territory as record-low interest rates fuel an increase in buyer demand that current volumes of homes for sale can’t satisfy. Melbourne home values are 5.3 per cent higher than their previous pre-COVID peak reached in March 2020, or $37,646, … Read more
Regional Australia’s popularity has surged in the wake of the pandemic, as more and more city slickers consider moving away from the big smoke. An abundance of space, more affordable housing and a greater connection to nature are often cited as reasons to relocate. But what about the potential drawbacks? … Read more