Market Snapshot
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Up to Date
News
May 2021 Market Report
The market is really heating up in Melbourne’s inner city apartment market. After a subdued market due to Covid induced lockdowns, the market has really bounced back. With record breaking low interest rates, first home buyer incentives and a large quantity of properties hitting the market, a large volume of … Read more
Budget 2021 – Good news for home buyers
Tonight’s Federal Budget is good news for home buyers. The First Home Super Saver and Family Home Guarantee will allow more people to enter the property market, encouraging home ownership. The restriction of the First Home Deposit scheme to only include new or recently built homes will put minimal pressure … Read more
What to look for when buying a luxury apartment
By Georgina Zeneldin – luxury expert at Ray White Southbank & Port Phillip It is not determined by one single attribute; it is the sequence of many opulent features working in conjunction to give you the best of the best. A luxury home is one that “spoils” its residents with … Read more
Records Tumble In February
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
Victorian Rental Reforms Webinar
We would like to invite you to our 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 a … Read more
Ray White takes out contribution to community award at 2020 AREAS
Ray White Group has been awarded the Contribution to Community Award at the 2020 Annual REA Excellence Awards (AREAs) for the Beyond the Bricks campaign. The Contribution to Community Award is designed to recognise companies and individuals supporting not-for-profit organisations or initiatives in their local community – either through charitable … Read more
Ray White Group wins top prize at REB awards again
RAY White Group, Australasia’s largest real estate group, has taken out the top industry accolade for Major Network of the Year at the 2021 Real Estate Business (REB) awards for the sixth year in a row. The award cements the leading group’s success during a rollercoaster year which saw a … Read more
Are fixed-rate home loan deals below 2 per cent too good to be true?
The big banks have offered borrowers some of the most attractive home loan deals ever, with home owners able to fix their rates below 2 per cent for four years. Experts say it could be a once-in-a-lifetime chance to lock in record low rates. “I’ve never seen a better time where it … Read more
Victorian budget: Stamp duty discounts a win for homebuyers
Major stamp duty discounts unveiled in Tuesday’s state budget are expected to provide “massive savings” for homebuyers — and a “real shot in the arm” for the housing sector. Victorian real estate and construction industry figures have praised the government’s move to halve stamp duty for those buying new builds valued at … Read more
