CBRE launches specialist prestige residential valuations team
CBRE has established a specialised NSW high-end residential valuations division, with a view to national expansion, announced The Australian head of CBRE’s Residential Valuations business Kat Hale. To be led by Bader Naaman, and joined by senior team members including Lead Sydney Prestige Valuer...
Dangerously low vacancy rates persist in Queensland - REIQ
Relatively stable yet dangerously low vacancy rates over the first quarter of 2024 are a cold comfort to renters desperately trying to find a place to call home in Queensland, said REIQ CEO Antonia Mercorella.
Australia appears to be experiencing the same final hurdles as the USA in getting inflation back into the target range,” said Real Estate Institute of Australia President, Ms Leanne Pilkington.
John McGrath – Millennial investors go it alone in property
Millennials have become the most active generation of investors with about one in three buying property on their own, using strategies such as rentvesting to begin their property ownership journey says John McGrath, Chief Executive Officer of McGrath Estate Agents.
Sydney, Brisbane and Adelaide markets top chart for highest annual dollar value growth - CoreLogic
CoreLogic Head of Research Eliza Owen said some of the best value markets have floated to the top of the league tables when it comes to percentage capital growth.
John McGrath – Demographic trends influencing housing prices
According to the Australian Bureau of Statistics (ABS), Australia’s population grew by 2.5% to 26.8 million over the 12 months to September 2023. That equated to a net annual increase of 659,800 people, and 548,800 of them were migrants.