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  • Online auction success as Melbourne private inspections return

    Ray White Craigieburn Sales Consultant and Auctioneer Trish Orrico calling 9 Lush Drive, Craigieburn, VIC. A COMBINATION of relief and joy was felt by buyers, sellers, tenants and landlords across all metropolitan Melbourne yesterday as COVID-safe private residential inspections returned …

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  • Drones, FaceTime, and a $1.45M Stage 4 sale in Melbourne

    Darren Pay and wife Sarah at 5 Garden Court, Narre Warren South, Victoria – image taken before masks were mandatory outside. THE adaptability of Ray White agents during the various lockdown stages in Melbourne has been nothing short of exceptional, …

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  • Multi-million double auction delight for Ray White Epsom

    RAY WHITE Epsom has continued the trend of auction success with a pair of outstanding results as two Remuera properties sold under the hammer for a combined $7,660,000. The $4,020,000 sale of 21 Raumati Road (above) and $3,640,000 sale of 31 Sonia Avenue (below) were managed …

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  • Staying fighting fit

    We asked Ray White Frankston Principal Ashley Weston how he was helping his office through lockdown in Melbourne. What kinds of things are you doing to keep your agents engaged? We originally thought we were going into lockdown for six …

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  • House keys and wedding bells

    FOR a lucky Newcastle couple, it was a day of firsts as they officially put the sold sign on their new home at 16 Stanley St, Belmont then sealed the deal with a proposal. It was a beautiful sunny day …

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  • Ray White celebrates its property managers

    THE BACKBONE of Ray White’s property management business is its 2300 property managers who help the leading network manage its rent roll of 250,000 managements each day. Yesterday these unsung heroes – whose day often swings from managing one crisis …

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  • Lane Cove real estate weathering the storm

    Sydney has been the market most visibly impacted by the Covid-19 period. The number of suburbs showing growth has dropped sharply and danger markets have doubled.We’re starting to see the emergence of a two-speed market, with suburbs near CBD centres that have a higher proportion of owner occupied properties showing … Read more

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  • Renewed global real estate activity

    Savills Research have recently completed a global survey on real estate market sentiment. This was a survey to agents across a range of markets. In a promising result for property markets globally, 78 per cent of respondents said that most or almost all of the buyers in the areas … Read more

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  • Is now a good time to sell?

    While the current selling conditions are strong, it remains extremely hard to predict what may happen in the property market over the next 12 months and certainly the next few years. There are many economists predicting that property prices will decline over the next year or so. When you consider … Read more

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  • What is happening to residential real estate amid COVID-19?

    On May 17th CoreLogic provided information exploring property value performance against a declining economy, as businesses were closed and people lost their jobs. The findings were: Negative economic shocks do not necessarily lead to severe declines in property prices; Property does not see the same declines as shares during a … Read more

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  • April correction in property vacancies

    Job losses have caused an exodus of tenants across Sydney, the drop off of international students and the surge of short term accomodation now being advertised as long term leasing, are all conditions that have led to a major surge in vacancy rates. SQM Research has revealed the total … Read more

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  • Property prices after the crisis

    Historical economic recoveries have shown a steep rise in property prices in Australia. The property market is typically the first sector to experience rising prices after an economic crisis. During the global financial crisis Australia was a worldwide exception to avoid a recession, but nevertheless the real estate market … Read more

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  • What impact might coronavirus have on property?

    As panic levels surrounding the coronavirus increase it would be remiss of me to not make mention of the potential impact it may have to our economy and property. Preppers are clearing supermarket shelves – in the UK it’s long life food supplies and water supplies. In the US they … Read more

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  • Around the country in 60 seconds: how are our property markets handling 2020

    Economists and property researchers are feeling good about the future. They’re saying, as a whole, Australia is considered a growth market for property prices. And they’re putting it down to our financial regulations and a broadly stable economy. One researcher even said that the next five years in Australia will be better … Read more

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  • Why do some agents not disclose sale prices?

    A few clients have asked me about price disclosure in the past week, why some agents disclose prices and others do not. So this week I figured I would write my thoughts on disclosure, if you’re curious about my ideas or have a different view feel free to let me … Read more

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  • 2020 property forecasts from Domain

    Domain released their forecasts for 2020 yesterday and they’re largely in line with our own forecasts for the year. They predict houses in Sydney will rise by 10 per cent over 2020 to a new median of around $1.25 million, while apartments will rise by 8 per cent to a new median … Read more

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