VIDEO – Quality wins out over quantity

Houses top units again Melbourne on top nationally All capitals over 50% clearance There were just under 2,000 capital city homes taken to auction this week; an increase in volumes of 21% over the week (1,639 last week). The higher volumes returned a preliminary auction clearance rate of 74 per cent, increasing on last week’s final result of 72.8 per cent. Across the individual property … Continue reading VIDEO – Quality wins out over quantity

5th week above 70% clearance rate

Final auction clearance rate increases Smaller auction markets on the rise More homes set to go under hammer Last week Last week, the combined capital cities saw the final auction clearance rate improve as volumes increased. There were 1,639 homes taken to market, 72.8 per cent of which cleared at auction, increasing on the week prior when 72.3 per cent of the 1,533 auctions reported … Continue reading 5th week above 70% clearance rate

PNU 80: Queensland does it again + Have Hefner as a roommate + Could it be the crocodiles?

This week’s guest on Property News Update is Michelle Delaney! She joins Kevin Turner to discuss interesting stories from the property industry like: Could it be the crocodiles? This house in the thriving location of Bees Creek has everything you could ever want – and some things you probably don’t. Aside from four gorgeous bedrooms, a country chic kitchen, a sparkling spa, and solar panels, … Continue reading PNU 80: Queensland does it again + Have Hefner as a roommate + Could it be the crocodiles?

Proven strategies to grow your rent roll – Tameka Smith

Tameka Smith may be REIA’s Property Manager of the Year and the Director of Property Management at one of the best agencies in Tasmania, but she did not start there. Key2 Property’s directors had all worked at big brand companies before founding the business four years ago, so creating an independent agency was a significant risk and a new challenge for them. Even so, they … Continue reading Proven strategies to grow your rent roll – Tameka Smith

VIDEO – Sydney cracks 80%

Auction numbers are up Clearance rate improves 5th consecutive week of growth The number of homes taken to auction across the combined capital cities increased to 1,633 this last week with a preliminary clearance rate of 75.7%. This is the fifth consecutive week of +70% clearance rate. Over the same week last year, auction activity was higher with 1,983 homes taken to auction returning a … Continue reading VIDEO – Sydney cracks 80%

Clearance over 70% for 4 weeks

Powerhouse auction markets level peg Brisbane scores over 50% Auction numbers steady this week Last week Last week, 1,533 auctions were held across the combined capital cities, returning a final clearance rate of 72.3 per cent, increasing on the 70 per cent clearance rate over the week prior when volumes were higher (1,615). The weighted average clearance rate has held above 70 per cent for … Continue reading Clearance over 70% for 4 weeks

Rental on steroids + Buyers get really keen + Entertaining Open Homes and more!

Head auctioneer Gavin Croft joins Kevin Turner in this week’s episode of Property News Update! Tune in as they discuss the following property stories from around the world: Entertaining open homes. Almost all real estate professionals agree that video is king when it comes to marketing your listings. Halstead’s unique take holds viewers’ attention 1.5 times longer than standard videos. How did they cut through … Continue reading Rental on steroids + Buyers get really keen + Entertaining Open Homes and more!

VIDEO – Clearance rate improves

Lower numbers drive demand Rolling clearance approaches a 3 year high All capitals up on last year In the last seven days there were 1529 properties taken to auction across the combined capital cities. While this represented a slight fall in numbers from the previous week, the clearance rate climbed to 77%. That compares to a clearance rate this time last year of 55.3%. Kevin … Continue reading VIDEO – Clearance rate improves

Auctions trend lower

Numbers fall W.O.W. and Y.O.Y. Clearance holds at 70% Smaller markets are patchy Last week Last week, there were 1,615 capital city homes auctioned, increasing from the week prior. The higher activity saw the final auction clearance right ease to 70%.  Year on year volumes continue to trend lower each week. Volumes are down 7.6% on this time last year while clearance rates are tracking … Continue reading Auctions trend lower

Where Gen Z hangs out + Banking on blind loyalty + America’s most expensive property listing and more!

This week’s guest on Property News Update is Margaret Lomas, author of 20 Must Ask Questions for Every Property Investor and 7 other best-selling property books. She joins Kevin Turner to discuss interesting stories from the property industry like: Don’t bank on blind loyalty. The Consumer Data Right bill is the most significant shake-up in Australian finance since the introduction of the ATM. From February … Continue reading Where Gen Z hangs out + Banking on blind loyalty + America’s most expensive property listing and more!