On Saturday 3rd December, the last weekend of Spring, I jumped in the car with my trusty yellow gavel to play auction ‘ping pong’ across Brisbane. From New Farm, to Indooroopilly, back to New Farm and noon at Toowong. The day started with a three-bedroom ground floor New Farm unit at 2/10 Oxlade Drive. 2/10…
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A property person once said to me. “you need to zig while markets zag”. He was referring to the very obvious trends that develop in residential real estate. For example, when the first home buyers are out in the market, they are everywhere. Right now there are two forces combining and exposing a soft section…
Last weekend I sold a property in Brisbane’s leafy riverside suburb of Hawthorne. Located in a quiet suburban street, boasting five bedrooms, a pool and a kids jungle gym on 465 sqm. The bidding was competitive and old to a buyer on the phone for $2.28m. After the auction, the gentleman on the phone explained…
Treating your home like a long-term commitment can sometimes seem like a forgotten art. With so many trends and new things and styles that demand all of your attention right now, it can be difficult to think 10, 20, 30 years down the track. But the reality is that there are plenty of simple and…
The market could not have been more consistent. We recorded $5.1 billion worth of sales in Australia in October 2022, just as we did in September. The result, which was 26 per cent less than what we recorded in October 2021, continued the trend we’ve reported for most of this year. New South Wales and…
KNOCKDOWN NATION Nerida Conisbee,Ray White Chief Economist More houses are being demolished than ever before. In the 12 months to June 2022, there were more houses knocked down in Australia than ever recorded. While still only a fraction of the 10.9 million dwellings, the removal of 27,200 homes over the past year reflects the changing nature…
Nerida Conisbee,Ray White Chief Economist With the continued push to renewable energy and the United Nations Climate Change Summit (COP27) now on, this week we take a look at where households source energy for their homes. Overwhelmingly, you are more likely to be using renewable energy if you are older, wealthier and own your own…
Article first published 9 Nov 2022, 12:00am A six-storey home in Ascot went viral on social media for it’s list of personal indulgences, including Batman tunnel and a hidden ‘bear cave’. Billed as one of the largest homes in the city with a floorplan of more than 1400sqm, 35 Morgan Street sold before it was…
I saw comments last week from politicians hopping into real estate. It was in response to an agent telling their clients in a letter that rents in their area have increased by up to 20 per cent. They had twisted the letter to show the agents as careless, greedy and heartless in the current ‘rental…