Welcome to this month’s real time residential market insights, we’ve created this document to provide clarity to all our customers on what is happening in the market now. As Australasia’s largest real estate group, selling one in every nine homes across Australia, we are uniquely placed to provide our clients with the … Read more
It’s fascinating to compare our sales results from last month with our results of 12 months ago. The contrast in market conditions will never be more stark, yet we also are reminded that what is important to our customers remains unchanged. In April 2020 we wrote $2.54 billion in … Read more
One of the most anticipated and significant CBD developments to take place in decades is now officially open and our directors Trevor Booth & Phillip Lee recently had the opportunity to tour the facility. Almost 1000 Victorian Public Servants of which it is expected 600 will transition from Melbourne to … Read more
At the start of April the City of Ballarat launched the Working in Partnership booklet. This booklet can be viewed as a digital copy if you click here. The City of Ballarat is committed to helping Bridge Mall property owners keen to undertake external improvements to their buildings to complement … Read more
Ballarat’s median house sale price jumped 2.4% during the March quarter resulting in a 9.3% increase over the last 12 months according to figures released by the Real Estate Institute of Victoria. Our median house price has reached new record high of $450,500, up from $440,000 in the December 2021 … Read more
The residential rental vacancy rate in Ballarat increased slightly in March to 1.5%, up from 1.4% in February according to the latest figures released by the Real Estate Institute of Victoria. Ballarat’s median rent for houses in March was $365 per week and the median rent for units/townhouses was $270 … Read more
It was a month of records. We are extremely proud that we served more than 19,000 families and businesses to find a new home or investment property across Australia and New Zealand during the month, representing $8.74 billion in transaction value. This result is up a staggering 92 per cent … Read more
Momentum continues to build across all Australasian property markets, as the collective efforts of our members delivered $6.1 billion in sales for February, up $2 billion or 49 per cent in February 2020. This is our best February result recorded, driven largely by a record result in NSW and very … Read more
We would like to invite you to our free Victorian Rental Reforms webinar on Tuesday 9 March at 6pm (AEDT). The Residential Tenancies Amendments Act contains supporting details about changes to the Residential Tenancies Act 1997. The Victorian Government will implement those changes by April 2021. These reforms will have … Read more
January is normally one of our quietest months of the year. Many members use this time of year to reset and refocus on the year ahead but this year it seems many of our agents powered through and in turn we produced our best January results ever. January is typically … Read more