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
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
The residential rental vacancy rate in Ballarat dropped in January to 1.4%, down from 1.5% in December according to the latest figures released by the Real Estate Institute of Victoria. Ballarat’s median rent for houses in January was $360 per week and the median rent for units/townhouses was $265 per … Read more
The residential rental vacancy rate in Ballarat remained the same in December at 1.5%, according to the latest figures released by the Real Estate Institute of Victoria. Ballarat’s median rent for houses in December was $380 per week and the median rent for units/townhouses was $285 per week. Below is … Read more
Ballarat’s median sale price jumped up 1.8% for the December 2020 quarter. Figures released by the Real Estate Institute of Victoria show Ballarat’s median sale price has reached another new high of $432,500, up from $425,000 in the September quarter. “This was not unexpected as extremely strong demand from buyers … Read more
Our results for December 2020 were fittingly as remarkable and unique as the 11 months prior, putting an exclamation mark on a record-breaking year. In our final chapter of 2020, we wrote a total of $6.1 billion in unconditional sales in December, up a staggering 60.7 per cent on the … Read more
Throughout December Ray White Ballarat staff have been busy collecting toys for those in need this Christmas as part of the “A Little Ray of Giving” initiative run by the Ray White Group. This is the eighth year that Ray White has run the ‘A Little Ray of Giving’ initiative … Read more
The residential rental vacancy rate in Ballarat continued it’s downward fall in November dropping again to 1.5%, down from 1.7% in October according to the latest figures released by the Real Estate Institute of Victoria. The vacancy rate hit a high for the year at 2.8% in May and has … Read more