The rapid advancement of technology and AI is revolutionising the real estate industry and changing how properties are being bought and sold. Here are four technological advancements that can save you money and time, and reduce stress. Virtual Tours Virtual tours allow buyers to explore properties remotely through immersive 3D walkthroughs and interactive videos. This…
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As the old saying goes, life’s only inevitabilities are death and taxes. In the world of real estate, we’re facing not death but a so-called “silver tsunami” of aging owners who want to downsize or move into a retirement village. The need for our seniors to leave their family home is often hampered by transaction…
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Industry data and commentary may suggest the post-Covid rebound in our national real estate market is losing steam, but home-loan data suggests otherwise. In the latest figures released by the Australian Bureau of Statistics, the total value of new housing loans rose 3.9% month-on-month in July to $30.6 billion. Investors are leading the charge. Their…
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For the 19th consecutive month, Australian property prices recorded value growth despite continuing high interest rates and an economy showing slightly higher unemployment and weakening fundamentals. Leading industry researcher CoreLogic said values were up a further 0.5% month-on-month in August, delivering a rolling 12-week growth rate of 1.7%. The market has been unable to sustain…
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After four years of record-breaking rental growth, investors and landlords are now moving into a period of consolidation. Industry research CoreLogic says its latest rental data shows rents grew 0.1% in July – the smallest increase since 2020. Over the previous 12 months, rents increased by 7.8%, which is still substantially above the rate of…
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As the weather warms, buyers will find an increasing number of homes with swimming pools coming onto the market. Spring and summer are the ideal times to sell a home with a pool, and many buyers will get caught up in the exciting prospect of enjoying hot days in their own pool. For many, it’s…
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New business insolvency data is a sharp reminder for owners and buyers that the building industry is still operating on shaky ground across Australia. Those who want to renovate before selling, or buy land and then build, need to carefully consider their risks before pushing ahead. Insolvency data from the Australian Securities and Investments Commission…
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Preparing your home for sale always takes a little time and a touch of elbow grease – after all, you don’t want your potential buyers to experience a cluttered and untidy home. The bathroom and kitchen are often the most time-consuming areas to clean before you open your doors to buyers. These are also the…
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As we herald the start of the spring selling season, there’ll be a few owners who’ll be anxiously watching the trends for buyer demand and prices. Some owners won’t give it a second thought – they’re the ones selling in Perth, Adelaide and Brisbane, which are thriving markets currently. Those in the other capital cities…
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Have you ever wondered why some houses achieve great sales prices while others are passed in at auction or languish on the market, slowly losing their value in the eyes of buyers? What is the magic formula for a successful property sale? Our agents will tell you there’s no “magic” but a combination of logical…
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