Combined capitals auction activity set to exceed 3,000 mark for second time this year
Capital city auction activity is set to exceed the 3,000 mark for just the second time this year, with 3,133 homes currently scheduled to go under the hammer across the combined capitals.
Sydney has the highest luxury residential rental growth out of 10 global cities measured by Knight Frank
Sydney has the highest luxury residential rental growth out of 10 global cities measured by Knight Frank, according to the latest research from Knight Frank.
Melbourne-led recovery sees auction volumes across combined capitals rebound 32.5% - CoreLogic
After hosting a quieter auction market the week prior (2,023), a Melbourne-led recovery saw the number of auctions across the combined capitals rebound 32.5% last week.
John McGrath – Biggest migration surge in history impacting the market
According to John McGrath, Chief Executive Officer of McGrath Estate Agents, we are definitely seeing the impact of increased migration and a return of foreign investors in the property market this Spring season.
If short-stay incentive puts a roof over one family’s head, that’s a positive: REIWA CEO Cath Hart
REIWA CEO Cath Hart said the $10,000 short-stay incentive scheme announced by the Cook Government today could provide some welcome assistance to the heated rental market.
Rate hike set to take heat out of housing market - CoreLogic
The decision to lift the cash rate by 25 basis points after four months of pauses is likely to disrupt confidence and take some further heat out of the housing market rebound.