Australian Property Updates


Property Information & Real Estate Updates

London Homes Cheaper than Properties in Darwin?

Residex and Australian Property Monitors have performed a comparison of real estate prices around the world.  What is truly surprising is that the average house in Darwin, Australia is more expensive than its equivalents in London and New York. Work conducted indicates that the median cost of a Darwin house is $549,035 – almost $90,000 over the equivalent residence in ...

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Boutique Agency VS Big Name Franchise Agency

This is the first article in Real Estate Review from Chilli Realty – “Red Hot Service” in Real Estate. Chilli Realty is a smaller boutique style of Real Estate agency with a head office in Fairfield and we are selling property by Auction and Private Sale, in all suburbs of Melbourne. (www.chillirealty.com.au) We work with both buyers and sellers, specialising ...

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Drop in consumer confidence is eating away at house prices

Australian House Prices have stopped their climb in April, with some capital cities recording a drop and others just marginal gains.  The RP Data-Rismark Hedonic Home Value Index released yesterday showed national average growth for dwellings of 0.2 per cent, after a 1.3 per cent rise in March. Tim Lawless, research director for property analyst firm Rpdata.com, does not believe ...

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Real Estate Market Loosing Buyers – by REIA

The Real Estate Institute of Australia (REIA) President, Mr David Airey has today appealed to the Reserve Bank of Australia (RBA) to take the state of the housing market into consideration when making a decision regarding official interest rates next month. Over the past month the Australian Real Estate market has began to experience a slowdown.   The market has gone ...

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