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With 2023 now behind us and 2024 almost in full swing, we can now dissect last year’s numbers – and the news is good! According to CoreLogic’s National Home Value Index (HVI) national home prices rose by 8.3% across the country last year. This is a significant turnaround from the -4.9% drop experienced in 2022,…
Despite the almost now traditional Melbourne Cup Day rate rise, Australia’s housing market continues to defy expectations. Though there have been 13 interest rate increases from the Reserve Bank of Australia, which have seen official rates rise by 4.25 per cent over the last 18 months, property prices have now been on the rise since…
The Western Australian property market has been a topic of interest with recent trends and observations making it a focal point for both industry experts, potential homeowners, and investors. We spoke to Drew Cary, Elders Real Estate Manager WA, to provide insights into the intricacies of the regional market to help clarify the underlying phenomena…
A Glance at the 2023 Property Market As we approach the midway point of 2023, the property market has shown some interesting trends. In this article, we will explore the key takeaways from the most recent CoreLogic report on house and unit values in various regions across Australia. Exceptional Performance in South East SA South…
Elders continues to invest in the Bunbury region after announcing its acquisition of Ray White Bunbury. Ray White Bunbury has serviced the area for almost 30 years under the lead of Kevin and Jade Kelly who manage a team of professional real estate representatives and property managers across the residential and commercial real estate market.…
The real estate market continues to perform strongly half way into the spring selling season. Even a wet winter and an east coast lockdown didn’t slow down the selling pace. Vendors are taking advantage of the strong selling environment, with listings up significantly. Purchasers are also acting fast, snapping up homes in record time. Here…