The post-industrial suburbs to the west of many of Australia’s capital cities will be the next frontier for property improvement and development according to renowned property market forecaster, Bernard Salt. “The baby boomers gentrified and improved the inner city Victorian… Read More ›
Tag Archive for ‘Australia’
First National Real Estate’s members were presented with their General Excellence and Marketing (GEM) Awards from across Australasia and the South Pacific, at the network’s annual National Convention held on Hamilton Island this week.
The Real Estate Institute of Australia (REIA) says the federal Budget has ignored the plight of many young Australians when it comes to housing affordability.
With the advent of social media, Skype and improved Internet services enabling more workers to work from home, are the days of the traditional office space numbered?
An overall uplift in consumer sentiment has helped the Australian real estate market continue its 2013 trend of revival.
As Australian tastes evolve, is our ‘dine everywhere but home’ culture sounding the death knell for dining rooms?
Equally pleasing is news that the total price reduction required to sell a property is trending down throughout the capitals. RP Data confirms that 6.4% is the average discount vendors were accepting from their asking price across our capital cities in January. This figure is down from 7.2% in the same period last year.
Recent research from RP Data reveals Australian homeowners are staying in their houses for an average of 9.3 years.
Federal Legislation currently being considered could cost the Australian economy millions of dollars in lost productivity if implemented in the real estate industry according to First National Real Estate, Chief Executive, Mr Ray Ellis.
The Australian Bureau of Statistics forecasts that within the next 25 years, strata titled apartments are likely to out-rate residential houses as the number one choice of housing in Australia. And along with the body corporate industry’s rapid growth, will undoubtedly come a great deal of confusion!