With the COVID-19 pandemic making many Aussies rethink their home priorities, a new survey has revealed what features are in growing demand among new home seekers. Research conducted by the Real Estate Buyers Agents Association has revealed the nation’s top 10 property features on buyer wish lists. Since COVID hit, buyers home priorities are shifting. […]

Home-builders can now only have five workers on site during stage four restrictions in Melbourne. Photo: Metricon Melbourne’s real estate market could come to a grinding halt under strict new stage four rules announced by the Victorian government on Monday. Despite releasing directives that showed online auctions and private one-on-one inspections could still go ahead at 6pm […]

The Reserve Bank has held official interest rates steady at a record low while expressing concern about the economic fallout from the stage four lockdown of Melbourne. Following its regular monthly meeting on Tuesday, the bank held the cash rate at 0.25 per cent, where it has been since late March. RBA governor Philip Lowe said […]

Australian housing values racked up a third consecutive month of declines in July, with CoreLogic’s home value index dropping 0.6% over the month, a slight improvement from June when the national series was down 0.7%.  Across the capital cities, only Canberra (+0.6%) and Adelaide (+0.1%) posted a rise in dwelling values over the month, while […]

THE property market in Palm Beach is “on steroids” according to an agent who made a record sale in torrential rain the first day the house opened for inspection. More than 20 groups showed up during a downpour on Saturday, July 25 for a glimpse inside 27 Swordfish Court, Palm Beach. “It was bucketing down, […]

Australia has 46 new million-dollar suburbs despite the global health pandemic and economic recession, while 10 suburbs fell out of the exclusive club in FY20, latest data reveals. Melbourne saw median house prices in 24 suburbs exceed the seven-figure threshold this year, while Sydney had 15 and Brisbane, seven. However, median prices in three Melbourne […]

Skid the labradoodle — pictured with his owners Adrienne Baldwin, Julian Ramsey, Winnie and Rosie — is getting plenty of attention as the star of the family’s house selling campaign. Picture: David Caird The sale of a West Footscray house has gone to the dogs — and the vendors couldn’t be happier. Skid the labradoodle is […]

Upcoming auctions There are 1,206 capital city auctions being tracked by CoreLogic this week, down from 1,326 auctions last week, but higher than this time last year when 1,108 homes were taken to auction.  In Melbourne, 357 auctions are scheduled across the city this week, lower than the 540 auctions scheduled last week, which saw […]

The Quarterly Rental Review is a comprehensive analysis into rental performance at a national, capital city and regional level across Australia. Eliza Owen, Head of Research Australia provides analysis into the state of the rental market over the latest quarter amid COVID-19. The decline in rent values over the quarter came at a time when […]

Big changes to stamp duty aim to boost the property market and the construction industry. Picture: Sam Ruttyn Sydneysiders looking to pick up their first property are set to benefit from huge changes to stamp duty. The NSW Government has announced stamp duty will be temporarily scrapped for first-home buyers purchasing newly-built properties worth up […]