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High-end suburbs like Brighton and Kew recorded lower transaction volumes. “Those suburbs are no stranger to the top sales rankings … [however] the high-interest rate environment has definitely hit demand harder at the high end,” Owen said. In Brighton, $957.8 million was spent across 245 sales.Credit: Domain Owen observed a 20 per cent year-on-year rise […]
Welcome to the Gold Coast, where every suburb has its vibe, much like a playlist tailored to every mood and moment of your student life. If you’re a Gen Z, navigating through the bustling streets and serene beaches, here you can feel like stepping into a scene from a vibrant summer blockbuster full of adventure […]
The researchers attribute the jumps to affordability. Units are often the only viable option for buyers locked out of standalone houses, especially with cost-of-living pressures on top of high interest rates and generally strict serviceability arrangements. “It’s logical more demand would be deflected towards the unit sector,” Lawless said. Unit values in a handful of […]
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Perth and Brisbane had mixed results. Perth’s new homes had a median rating of six stars, but older homes were rated at 2.4 stars. In Brisbane, new homes had a median rating of 5.7 stars and older homes had a rating of 3.1. The ratings were decided using CSIRO’s RapidRate AI model, which considers the […]
Australia has long existed as a safe haven for the most diverse groups of people. From families looking for better lifestyles to international students looking to make a name for themselves, the Land Down Under has welcomed all with open arms. The question arises. Which are the most affordable suburbs in Sydney? It is key […]
BEIRUT (AP) — The Syrian army withdrew from much of southern Syria on Saturday, leaving more areas of the country, including two provincial capitals, under the control of opposition fighters, the military and an opposition war monitor said. The redeployment away from the provinces of Daraa and Sweida came as Syria’s military sent large numbers […]
Oversaturation is as easy as ABC: ‘Just by nature of capitalism, somebody’s not going to survive’ Mall rents are close to an all-time high, according to Adam Cummings, a retail occupier mall practice leader for CBRE. He said its because in the aggregate, occupancy is still relatively low. “If there’s very little vacancy and they’ve […]