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Figures continue to defy headlines when it comes to Australia’s real estate market with national home values increasing 0.5% in August, representing the 19th consecutive month of house price increases nationally. Overall, Australian capital dwelling prices are now 7.2% higher than they were 12 months ago and it’s likely property prices and rents are going…
Read moreNestled perfectly between Brisbane and the Gold Coast, the greater Logan area is one of Queensland’s hidden gems. Despite its prime location, Logan has remained relatively under the radar when it comes to its long-term property potential. But that’s changing fast, thanks to passionate advocates like Nathan Strudwick, the dynamic business owner behind Elders Shailer…
Read moreWith 2024 now approaching spring and FY 23/24 behind us, it’s time to take a look at how Australian property is performing and what direction it may take for the remainder of the year. Figures from CoreLogic show that Australia’s housing market has defied the many doomsday forecasts and have moved through the bottom of…
Read moreNational home prices have cycled through 17 months of consecutive growth after lifting 0.3% to hit a new record in May, according to the latest PropTrack Home Price Index Report. This brings dwelling prices up 2.73% year-to-date. Strong population growth, tight rental markets, and home equity gains all contributed to demand, while the supply side…
Read moreNational housing markets have continued to rise over April further consolidating the growth recorded over a bumper March quarter, according to the latest data from My Housing Market. Capital city housing markets have continued to build on the positive start to 2024 with all capitals reporting increases in both house and unit prices throughout March…
Read moreLast year was truly a test of resilience for housing values and financial stability across the country. The performance of the housing market was stress tested under the pressure of rising interest rates, stretched affordability and the transition of many mortgage holders from low fixed rates, to high variable-rate loans. Home values were not only…
Read moreWith 2023 now behind us and 2024 almost in full swing, we can now dissect last year’s numbers – and the news is good! According to CoreLogic’s National Home Value Index (HVI) national home prices rose by 8.3% across the country last year. This is a significant turnaround from the -4.9% drop experienced in 2022,…
Read moreDespite the almost now traditional Melbourne Cup Day rate rise, Australia’s housing market continues to defy expectations. Though there have been 13 interest rate increases from the Reserve Bank of Australia, which have seen official rates rise by 4.25 per cent over the last 18 months, property prices have now been on the rise since…
Read moreThe Western Australian property market has been a topic of interest with recent trends and observations making it a focal point for both industry experts, potential homeowners, and investors. We spoke to Drew Cary, Elders Real Estate Manager WA, to provide insights into the intricacies of the regional market to help clarify the underlying phenomena…
Read moreA Glance at the 2023 Property Market As we approach the midway point of 2023, the property market has shown some interesting trends. In this article, we will explore the key takeaways from the most recent CoreLogic report on house and unit values in various regions across Australia. Exceptional Performance in South East SA South…
Read moreElders continues to invest in the Bunbury region after announcing its acquisition of Ray White Bunbury. Ray White Bunbury has serviced the area for almost 30 years under the lead of Kevin and Jade Kelly who manage a team of professional real estate representatives and property managers across the residential and commercial real estate market.…
Read moreThe real estate market continues to perform strongly half way into the spring selling season. Even a wet winter and an east coast lockdown didn’t slow down the selling pace. Vendors are taking advantage of the strong selling environment, with listings up significantly. Purchasers are also acting fast, snapping up homes in record time. Here…
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