BE careful, they’re hot.
Meet 10 of the hottest towns on the Australian continent right now. The theory is that residential property values escalate in towns where job growth outpaces population growth.
This situation leads to lots of money sloshing around town looking for a home: unemployment drops, confidence soars and so too does, or should, the [...]
Property auctions are back in vogue due to strong demand for homes in some of Australia’s premium suburbs.
In February, the number of homes successfully sold via auction was the highest since the peak of the property boom in 2003, Australian Property Monitors (APM) figures show.
APM operations manager Michael McNamara said auction clearance rates had risen [...]
THE property market is showing all the signs of an impending boom, with auction clearance rates at their highest level in years and houses selling within hours for thousands above the asking price.
Brisbane has already experienced more than half of last year’s 7 per cent price growth in the past two months, and auction clearance [...]
WITH a 63 per cent auction success rate during February, Sydney’s residential property market has kicked off strongly in 2007, buoyed by continued record-breaking prices at the top end.
Last month’s clearance rate was the best February result since 2002, with eastern suburbs houses and inner-west units the best-performing market segments.
Agents sold 674 of their 996 [...]