We are excited to announce a new series of features highlighting the incredible businesses located at the commercial hub, 1 Carlo Drive, Cannonvale. Each week, we will put a spotlight on one of our commercial tenants, showcasing their unique offerings, services, and the passionate individuals behind these enterprises. Through these … Read more
Vanessa Rader Ray White Group Head of Research Property prices continue to rise nationwide, with significant growth in both metropolitan and regional areas. Western Australia stands out, surpassing national averages. Perth has become Australia’s fifth most expensive housing market, overtaking Adelaide with a median house price of $821,093, reflecting a … Read more
A sub four-minute mile or scoring the perfect 10 in gymnastics might have been milestone records that were historic moments in history. We are excited to announce that Whitsunday Coast Airport (WCA) has joined the historic milestone moments by breaking the 500,000 annual passenger barrier for the first time in … Read more
Nerida Conisbee Ray White Group Chief Economist Something interesting happened in Sweden in early May and it had nothing to do with Eurovision, IKEA or ABBA. While Switzerland cut in March, Sweden was the first country in this cycle to cut interest rates following very high inflation. This was of … Read more
In the face of a challenging economic climate, Whitsunday Regional Council today unveiled a cost of living budget that focuses on the most critical needs of the community. Mayor Ry Collins said the 2024-25 Council budget ensured the essential services that our community relied upon were maintained while also positioning … Read more
Nerida Conisbee Ray White Group Chief Economist An interesting global study was recently released by the International Monetary Fund (IMF) which looked at how sensitive countries were to monetary policy based on their housing markets. Australia came out as one of the most sensitive in the world. Why then has … Read more
Nerida Conisbee Ray White Group Chief Economist There have been a lot of people, events and policies blamed for Australia’s low levels of housing affordability. Ranging from negative gearing, high interest rates, investors, developers, migrants, students, planners, government and the list goes on. And while the reasons are complex, there … Read more
The state’s best holiday hotspots and local treasures have been revealed at the 2024 Queensland Top Tourism Town Awards Ceremony in Brisbane, with Roma, Airlie Beach, and Winton claiming the top gong. Presented by the Queensland Tourism Industry Council (QTIC), the annual Top Tourism Town Awards celebrate regional communities that … Read more
Nerida Conisbee Ray White Group Chief Economist Fundamentally, the role of the Federal Government is to provide housing for our most vulnerable and this is what the budget does. The main housing related announcement was a new $11.3 billion “Homes for Australia” plan. This includes $9.3 billion over five years … Read more
Nerida Conisbee Ray White Group Chief Economist All suburbs across Australia are now seeing year on year price growth. There is however a significant difference between the best performers and those not achieving such stellar growth. Closer analysis of this provides an indication of what is driving the property market … Read more