Nerida Conisbee Ray White Group Chief Economist Australia’s housing market has recorded its second consecutive month of price growth in February 2025, with the latest data showing momentum building across both houses and units nationwide. While most data companies are suggesting that growth only commenced in February, Ray White’s analysis … Read more
Nerida Conisbee Ray White Group Chief Economist Homeowners often face a challenging decision: renovate their existing property or sell and buy something that better meets their needs. Over the past two years, we’ve seen the value of renovations undertaken remain high, largely driven by rising construction costs. With the cost … Read more
This week’s solicitor tip is provided by Erin Gibson from McKays Solicitors. When a Buyer comes to us to help with their purchase, their questions and concerns usually depend upon their level of experience with the Queensland conveyancing process. For first time home Buyers, 3 “commonly asked” questions we … Read more
Nerida Conisbee Ray White Group Chief Economist Interest rates, house prices, market cycles dominate headlines and conversations about Australia’s housing market, but they miss the bigger picture. For decades, our housing market has been driven by much deeper forces: a persistent undersupply of homes, major demographic shifts, and fundamental changes in how … Read more
Inflation has now been within the Reserve Bank of Australia’s (RBA) target for two quarters and finally they have decided to cut. Why the hesitation? The main issue was that the economy remained relatively stable. In particular unemployment remained low and as yet, there are no immediate signs of recession. In … Read more
Nerida Conisbee, Ray White Chief Economist The transition from stamp duty to land tax represents one of the most significant potential reforms in Australian property policy. While the economic benefits are clear, most state governments remain hesitant to implement such a major change. New Zealand made an immediate transition in … Read more
Nerida Conisbee Ray White Group Chief Economist Australia’s housing market has staged a remarkable recovery in January 2025, bouncing back to growth after just one month of price declines. This swift reversal could potentially rank among the shortest market downturns on record. The resurgence appears to be driven by several … Read more
The Australia Day Awards have been announced and presented and a big congratulations to Matthew Stokes from Plants Whitsunday for his work within the community in particular, Suicide Prevention. “The Whitsundays’ best and brightest gathered at the Proserpine Entertainment Centre on January 26 to recognise and celebrate the winners of … Read more
Nerida Conisbee Ray White Group Chief Economist When it comes to Australia’s most expensive locations, the old money suburbs aren’t budging. Bellevue Hill, Point Piper and Rose Bay continue to top the list of most expensive suburbs for luxury homes in Australia. The top 10 per cent of these markets … Read more
Inflation is now within the Reserve Bank of Australia’s target range, coming in at 2.8 per cent for the September quarter and 2.1 per cent for October. Despite this, the RBA remained on hold today. The hold is disappointing but reflects the relative strength of our economy, particularly compared to … Read more