Despite a lot more homes on the market compared to last year and interest rates a lot higher, house price growth is continuing across our capital cities. The capital city median is now getting closer to $1 million and is now significantly above the previous peak reached last year. Price … Read more
House and unit price growth continued in September after reaching a new peak in July. Year-on-year, we’re now recording the strongest growth since mid last year. Australian house prices increased by 6.1 per cent while units increased by 4.3 per cent over the past 12 months. In September we conducted … Read more
The property market continues to heat up with all capital cities now recording year-on-year price increases. While there was speculation that house price growth would slow once more properties became available for sale, this doesn’t seem to be the case. Buyer demand remains robust, despite finance costs and the relative … Read more
It was great news for mortgage holders that the Reserve Bank of Australia held interest rates this month. While it’s possible rates may increase a bit more, house price growth is now firmly entrenched with Australian house and unit prices now exceeding their 2022 peaks. Buyer activity continues to increase … Read more
Australasia’s largest real estate group, Ray White, today unveils the next chapter of its commercial division with the introduction of RWC. The repositioning of Ray White Commercial as RWC is designed to highlight the commercial specialists with a unique visual identity to position them in the market as experts across … Read more
Prices are now firmly on the move everywhere in Australia, having increased by 3.5 per cent since the start of the year. At current rates of growth, house prices will be back to their 2022 peaks within the next two months. Ray White’s trading numbers have been steadily increasing since … Read more
With school holidays right around the corner it can be difficult to keep the children entertained, especially in our cold Ballarat weather. Ray White has put together a little cabin fever kit that includes some colouring, a puzzle and some delicious recipes to try. If you would like to get … Read more
Although price growth has started, we’re yet to see a pick up in properties for sale. Ideally we’ll start to see more sellers enter the market over coming months. While winter is not generally a strong selling season, it’s likely that by spring, we’ll be back to more normal levels … Read more
We’re now three months into a return to price growth and with interest rates now possibly peaking, it looks like this growth will continue for at least the short term. Population growth continues to accelerate and the ongoing construction crisis is set to result in too few homes being built … Read more
In February, house prices in Australian capital cities remained stable, according to data analytics company, Neoval. Prices have now increased by 1.9 per cent since December. If this is the end of the pricing downturn, peak to trough, Australian house prices have fallen 6.9 per cent. We may not be … Read more