Tag: Real Estate

Relish Relaxation in Style in Rosslyn Park

5C Ayr Street is a timeless home that doesn’t stop delivering…Stretching from picture-perfect frontage to north-facing rear, wrapped with lush gardens, and thoroughly at home in Rosslyn Park’s leafy heart, 5c Ayr Street is the ultimate base for any lifestyle.  For the late owner, Vida, it was not merely a residence but a sanctuary of…… Continue reading Relish Relaxation in Style in Rosslyn Park

Weekly Wrap – Seasonal Property & Purchaser Uplift

The national preliminary auction clearance rate was 71.5% while Adelaide continued to lead the nation with preliminary auction clearance rate of 88.9% from 130 auctions, compared to the clearance rate of 66.7% same time last year. The national clearance rate illustrates a balanced market between buyer and seller price expectations, while Adelaide is still a…… Continue reading Weekly Wrap – Seasonal Property & Purchaser Uplift

Weekly Wrap – The Show is in Town, as the Spring Selling Season Starts.

The national auction clearance rate was 71.2% indicating the strongest start to a spring selling season since the start of the Covid-19 pandemic. Adelaide’s auction clearance rate was 82.8% from 103 auctions, compared to the clearance rate of 67.2% same time last year. The has been no shortage of prospective buyer turnouts at open inspections…… Continue reading Weekly Wrap – The Show is in Town, as the Spring Selling Season Starts.

Weekly Wrap – 28 August 2023

The national auction clearance was 72% from 2,275 auctions, illustrating resilience in the housing market given it was the busiest auction weekend since prior to Easter. Adelaide lead the nation with an auction clearance rate of 88.2% from 127 auctions with a median sale price of $850,000, compared to the national median of $1,250,000. New…… Continue reading Weekly Wrap – 28 August 2023

Weekly Wrap – Sydney clearance rate dips, Adelaide posts the best result of the five capital cities.

– 76.7% was Adelaide’s auction clearance rate from 105 properties sent to auction. (A auction clearance rate in excess of 70% illustrates a seller’s market). – 13.8% is the volume that refinancing activity rose for the month of July nationally. (South Australia recorded an increase of 19.4%). My observation from the weekend results is that…… Continue reading Weekly Wrap – Sydney clearance rate dips, Adelaide posts the best result of the five capital cities.

Rates Rise, Stock Slumps, Prices Plateau.

The stats that matter 5 5 rate rises in 5 months taking the official cash rate to 2.35% the highest since 2015. Loan SizeIncrease in repayments for Sep .5% increaseTotal increase in repayments w/5 rate rises (May – Sep)$500,000$144$614$750,000$216$922$1 million$288$1,229 1414 percent fewer properties were available in Adelaide over the winter months. 27After 27 months…… Continue reading Rates Rise, Stock Slumps, Prices Plateau.

Monday, 22 November 2021

19/20 sold at Auction over the weekend, continuing our extremely strong clearance rate for 2021. Looking across the country, realestate.com.au is illustrating clearance rates >80% across most of the capital cities, a slight decline in previous weeks.  It is interesting to see some articles in the media discussing that there is a shift to a buyers market.…… Continue reading Monday, 22 November 2021

What the RBA rate cut means for you

For the seller History suggests that when an interest rate cut occurs property values go up. Borrowers generally find it easier to access finance at lower interest rates, meaning there are more buyers, more competition, as a result property values are pushed up. A research discussion paper released by the RBA (Reserve Bank of Australia)…… Continue reading What the RBA rate cut means for you