Some call it a caterpillar, others a cookie duster, and it has even been referred to as a lip toupee … you’ll probably call it a moustache, and this Movember, local real estate agents, Ray White Southbank, are growing theirs to raise funds for men’s mental and physical health. Established … Read more
In January 2022 the average weekly rent for a Southbank unit was $450, however one year on that has risen sharply to $628 according to SQM Research. Available data, from 2009 on, indicates that a 12-month hike of such magnitude has not been seen before in postcode 3006. Online message … Read more
Osher Günsberg – one of Australia’s biggest media personalities – opened up about his struggles with mental illness with Ray White’s top performing agents in Melbourne yesterday. The 48-year-old TV icon who has been a guest in the living rooms of Australian’s for nearly two decades was remarkably forthcoming about … Read more
Capital city house prices are now down 6.1 per cent from their peak in March 2022. While we may not be at the end of declines, the rate of decline is clearly slowing. With interest rates still expected to rise, it is likely that greater certainty around the inflation peak … Read more
Ray White Victoria and Tasmania kicked off 2023 with its biggest training session ever with 1,000 members coming together in Melbourne to be inspired to launch the year ahead. The leading group now proudly has the largest market share in Victoria, last year hitting 10 per cent. The group now … Read more
Rising rates are stressful for most mortgage holders and it is not surprising that the number of people shopping around for the best home loans has skyrocketed. In November, $19.5 billion of home loans were refinanced, the highest level on record and over 20 per cent higher than the same … Read more
A recent report from the Australian Bureau of Statistics shows that today’s 24 to 39 year olds are far more likely to rent than their parents at the same age. While not surprising, the result is timely given the noise around property prices at the moment, and a subsequent drop … Read more
Much was said in recent years about urbanites fleeing the cities for a tree or sea change, but as Australia inches closer to a new normal, a craving for the city’s vibrant cultural and social scenes seems to be making a comeback. This is particularly true for well-rounded neighbourhoods like Melbourne’s … Read more
Nerida Conisbee, Ray White Chief Economist There is an old piece of investment advice that specifies that you should buy when the market is down and sell when it is up. For anyone that has bought property in my lifetime, this has been good advice in pretty much every single … Read more
Last week, Federal Labour introduced legislation that would give older Australians a two-year exemption from the assets test for downsizing, allowing them more time to sort out their finances and move properties before their pensions are reduced. This incentive is in addition to the downsizer superannuation benefit which allows older … Read more