Sell with Confidence
Read More

Ray White Now June 2022

By Steph Horsburgh

We now have a new federal government and with that comes change in leadership, policies and the way the country is run. The changing of the guard also comes at an interesting time for our economy and our property markets, with significant change in both since the start of the year. At this stage, we know there will be a number of areas that the new government will focus on when it comes to housing. The first is sustainability, the second is first home buyers and the  third is social housing. All areas that need to be addressed as we move forward from the pandemic.

In this month’s Ray White Now, we take a look at the influences on house prices. We’re now in a new cycle and interest rate increases are a key driver of this. Housing markets are, however, more complex than simply moving with interest  rates, and the influences are diverse. Australia is also not a uniform single market when it comes to housing and some locations are far more sensitive to rate rises than others.

In keeping with the green theme that characterised a lot of the election debate, we take a look at our most leafy suburbs using some aerial data from Nearmap. Of all capital cities, Brisbane tops the list for tree canopy but the leafiest suburb  in our capital cities is Olinda in Melbourne’s outer east. We also do a deep dive into the impact of electric vehicles on commercial property.

We hope you enjoy this month’s Ray White Now and we’re proud to be providing you with relevant, timely and interesting content and data in 2022.

Up to Date

Latest News

  • Ballarat Vacancy Rates for May

    The residential rental vacancy rate in Ballarat has increased to 1.4% in May according to the latest figures released by the Real Estate Institute of Victoria. Ballarat’s median rent for houses in May has dropped slightly to $380 per week and the median rent for units/townhouses has increased to $325 … Read more

    Read Full Post

  • Ray White Now May 2022

    Although I’m 100 per cent sure that all property forecasts published right now won’t get the outlook spot on, one thing we can be certain about is that this year, price growth will be slower than last year. Interest rates are now on the move and with this, growth in … Read more

    Read Full Post