Geelong Advertiser Peter Farago Young buyers are once again feeling the impact of rising investor interest in real estate. Hopeful first-time buyers were relegated to viewers as investment buyers contested a three-bedroom house in Geelong’s southern suburb of Grovedale. Hayeswinckle Highton agent Sophie Spowart said two bidders were competing over the phone, including a buyer’s […]
Vacancy Rates Remain Tight Vacancy rates held steady throughout August and remain at 1.2% with 37,742 vacant dwellings now across Australia. SQM Research data shows that nationally, the number of vacant properties only dropped by 121 between July and August. There have been some slight drops in Sydney, down to 1.4% from 1.5% and Hobart,
Property Investor Exit Fed up with rising costs and legislative uncertainty, a record number of property investors are exiting the market, according to the 2025 Annual Property Investor Sentiment Survey. The Property Investment Professionals of Australia (PIPA) survey shows that 16.7% of investors sold at least one property in the past 12 months, up from
Blink And You’ll Miss It Suburbs As the spring selling season takes hold, buyer demand and a lack of stock mean properties in some suburbs are changing hands within just a week or two. Townsville is the hottest market in Australia, with homes in some of its suburbs selling faster than anywhere else. PropTrack data
Profits Hit Record High While the number of sellers achieving a nominal profit dropped slightly in the past quarter, the amount of profit has lifted to record levels. Cotality’s June quarter 2025 Pain and Gain report shows the number of profit-making resales dropped to 94.8% from 95% in the previous quarter. The median profit achieved
Granny Flats In Demand Forget about media rooms and home offices, the most popular added extra buyers are after when searching for property is a Granny Flat. Analysis of online searches by Domain shows searches for the term “granny flat” are becoming more popular, as buyers seek out properties with some value add. In Sydney,
Top Investment Suburbs Queensland and Western Australia have come out on top in a new report highlighting Australia’s best 200 property investment locations. Queensland accounts for nearly half of the suburbs on the list (98) while Western Australia has 72. South Australia has 17, New South Wales, 7, Northern Territory, 4, and Victoria, two. The
Parking Spaces Add Value Properties with a dedicated parking space are achieving top dollar, according to an analysis of how much value parking adds to a home. According to the Luxo Living analysis, properties in high-traffic suburbs close to capital cities or tourist hotspots with dedicated parking can attract a massive premium. It analysed property
Spring Auction Action Spring selling fever has hit the auction market with an almost 15% increase in properties going under the hammer last weekend and an even higher number already scheduled for next week. According to Cotality figures, there were 2436 properties taken to auction last weekend and 2600 are already scheduled for next week
Big Move Is On More than a quarter of Australians are planning to move within the next 12 months. The 2025 Muval Index, which analysed over 400,000 moving enquiries and surveyed 2,000 Australians, shows 28% are considering relocating in the coming year. More than a third are upgrading to a better home, while a similar
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