View | Australian Real Estate Market News
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View | Australian Real Estate Market News
2y ago
This article was first published by The Courier
10 Yorkdale Boulevard, Winter Valley
Bed 4 | Bath 2 | Carparks 2
$695,000 – $730,000
Agency: Ballarat Real Estate
Agent: Alex Stepnell on 0407 373 507
Inspect: By appointment
It doesn’t get much better than this. This stunning property is located in the growing suburb of Winter Valley close to schools, Delacombe Town Centre and public transport.
The grand entrance make a real statement, thanks to the soaring ceilings. To the left of the entrance is a high-class main bedroom that accommodates a huge ensuite, with a standalone bath and g ..read more
View | Australian Real Estate Market News
2y ago
This article was first published by The Courier
115 Dawson Street South, Ballarat Central
Bed 7 | Bath 3 | Carparks 3
$1.5 million to $1.55 million
Agency: Harcourts Ballarat
Agent: Christine Browning on 0407 590 085
Inspect: By appointment
Behind the traditional front facade of this central home is a discrete and stylish dwelling, spread over an impressive three levels.
This property offers a wealth of options, with a total of seven bedrooms, a separate study, three bathrooms and three living areas.
The marriage between original and new features is seamless and adds to the chara ..read more
View | Australian Real Estate Market News
2y ago
By Jack Needham – This article was first published by ACM
Key regional areas outpaced Sydney and Melbourne’s property price growth during July, but investors and owner-occupiers wishing for a repeat of last year’s stratospheric rises are set to be disappointed, with the market showing clear signs of tapering.
Combined, regional areas clocked a 1.7 per cent increase in dwelling prices over the month of July, just ahead of the 1.6 per cent recorded for combined capital cities, according to data firm CoreLogic.
But in NSW, regional areas like the Central West, up 2.9 per cent, and the ..read more
View | Australian Real Estate Market News
2y ago
By Jack Needham – This article was first published by ACM
Australia’s capital cities recorded their largest net loss of people on record in the March quarter according to the Australian Bureau of Statistics, with many relocating to other areas within the same state.
Capital cities had a net loss of 11,800 people from internal migration in the March 2021 quarter, surpassing the previous record of 11,200 posted in September 2020, according to the latest ABS data release.
Net loss is the term used to describe the scenario in which more people leave a city than arrive during a set period ..read more
View | Australian Real Estate Market News
2y ago
By Jack Needham – This article first appeared in The Courier
It’s just minutes from Ballarat’s shops and hospitals, but step into the northern enclave of Invermay and you’ll find yourself in a different world.
Agent Tim Menz of Harcourts described the suburb, which has a current median house price of $1,064,722 million according to CoreLogic, as a unique proposition in the Ballarat market – owing to a combination of easy freeway access and bush-block living.
Its proximity to local hospitals had attracted local doctors and surgeons to the area, while an increasing number of Melburnian ..read more
View | Australian Real Estate Market News
2y ago
By Jack Needham – This article was first published by ACM
An architecture firm is reporting a “surge” in demand for regional projects since the COVID-19 pandemic began, with an increase in requests for designs that incorporate work-from-home arrangements.
Co-directors of THOSE Architects Ben Mitchell and Simon Addinall said the trend had seen them working on projects “right up and down the eastern seaboard and inland”.
The firm, which works on commercial and residential projects, has offices in Sydney and Byron Bay and their recent work has taken them to locations as disparate as Armidale ..read more
View | Australian Real Estate Market News
2y ago
By Jack Needham – This article was first published by ACM
Regional house prices have been the major winner of the COVID-19 pandemic according to a property economist, and the end of Sydney’s lockdown could see values grow further before the year is out.
Ray White Chief Economist Nerida Conisbee said that record levels of net migration into the regions from Australia’s capital cities had led to a significant increase in prices.
“A quarter of suburbs that hit $1 million medians last year were in regional areas, ranging from Anglesea in Victoria to Redhead in Newcastle,” Ms Conisbee said ..read more
View | Australian Real Estate Market News
2y ago
By Jack Needham – This article first appeared in ACM
A total of 46 per cent of respondents to a recent survey believe recent lockdowns will push property prices higher, with 23 per cent indicating their belief that regional property in particular is set for a boost.
The survey, conducted by financial comparison website Canstar, polled 1024 Australians on their biggest financial stresses and investment opinions.
It was conducted in the week commencing July 26, as Victoria prepared to emerge from its lockdown and Sydney confirmed the extension of its lockdown.
In response to the question ..read more
View | Australian Real Estate Market News
2y ago
At its meeting today, the Board decided to:
maintain the cash rate target at 10 basis points and the interest rate on Exchange Settlement balances of zero per cent
maintain the target of 10 basis points for the April 2024 Australian Government bond
continue to purchase government securities at the rate of $5 billion a week until early September and then $4 billion a week until at least mid November.
The economic recovery in Australia has been stronger than was earlier expected. The recent outbreaks of the virus are, however, interrupting the recovery and GDP is expe ..read more
View | Australian Real Estate Market News
2y ago
By ACM – This article first appeared in The Courier
801 & 803 Doveton Street North, Soldiers Hill
Bed 4 | Bath 2 | Carparks 4
$999,000 – $1,050,000
Agency: PRD Ballarat
Agent: Penny Shields on 0418545794
Inspect: By appointment
This is a unique package comprising a house and shop with an upstairs studio. It consists of two titles on a large 655 square metre block.
The gorgeous Californian bungalow retains all the decorative period features of the early 1900s, including beautiful high ceilings, ceiling roses, decorative cornices, leadlight and stained glass.
The house has thre ..read more