No-reserve auction attracts huge crowd, fierce bidding
It was standing room only at the packed Ray White Collective auction event at The Calile Hotel with more than $47.5 million in property sold as part of the stand out event.
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High-stakes market outlook while supporting homelessness in Perth
In a dress circle location in Perth affluent western suburbs last night, 150 clients of Ray White Dalkeith | Claremont principal Vivien Yap gathered for ‘An Evening to Transform Futures’.
Love for family inspires Ray White duo to grow their business
Ray White is proud to announce the opening of its newest office in Alstonville, led by the dynamic team of Alex Gibbon & Dan Clark.
Sooshi Mango comedian sells home
Sooshi Mango comedy trio’s Joe Salanitri and his wife Georgina are selling their Mount Waverley home after 10 years and many fond memories.
Family resort-style home finds new chapter after decade of celebrations
When Elie Minassian bought this massive block of land over 10 years ago, he saw something extraordinary.
Iconic Mona Vale beachfront home hits the market
A beautifully renovated New South Wales home in a never-to-be-built-out location by the beach has hit the market.
Toby Campbell set to take Ray White CRE to next level
POWERHOUSE agent Toby Campbell has taken the reins of Ray White CRE, the iconic real estate business in Melbourne's most coveted inner-city enclaves - East Melbourne and Collingwood.
Build your dream home on Sydney Harbour
Mosman’s largest exclusive waterfront estate with its own private beach and coveted deep water boating facilities is for sale with agent Geoff Smith of Ray White Lower Shore Group.
‘Rare’ no-reserve Brisbane auction to spark bidding frenzy
A three-bedroom home on the northside of Brisbane is set to go under the hammer this Saturday with no reserve price - meaning the property will sell to the highest bidder regardless of price.
Basketball legend Luc Longley lists beloved WA beach house
Three-time NBA champion Luc Longley is selling his beloved beach house on Western Australia's spectacular south coast near Denmark after 34 years.
Ray White Malan + Co
New year, new name for leading real estate agency. There’s a new name on the Gold Coast real estate landscape – literally – with Ray White Burleigh Group rebranding as Ray White Malan + Co. The change signifies a changing of the guard at the family owned business with founder … Read more
Net yet: a rate cut is coming, just not in 2024
“Not yet” .. that’s the decision by the RBA, following last week’s rate hold at 4.35% – which came as somewhat of a surprise after the U.S. Federal Reserve cut their cash rate by half a percentage point. There were hopes that would finally prompt at least a 0.25% … Read more
Spring to it: Why vendors shouldn’t wait to list their home
Temperatures hit 30 degrees on the Gold Coast in the last week of August, a Winter scorcher so to speak, symbolic of the great Spring Thaw that’s already underway in the southeast market. Indeed, selling has always been seasonal in Australia .. and Spring is traditionally the time to … Read more
“Cashed up and they love the Gold Coast”: ‘Wealth migrants’ target southeast Qld
New data, from real estate group Juwai IQI international, shows more millionaires moved to Australia in the past 12 months than any other country – roughly 5,200 of them. That’s at least $15 million landing here every day – most of it coming from Singapore. And generally, these … Read more
AI-Powered Advantage: How Bigger Networks Benefit Sellers Amidst the Southern Migration North
It’s no secret that the Gold Coast is hot property at the moment. The latest ABS figures show 32,625 people moved to Queensland in the 12 months to September 2023, the bulk of those from Sydney and Melbourne with COVID being the main reason. The warmer climate and enviable lifestyle … Read more
AI to (all but) end cold calling Hell for property owners (and agents)
With the recent advent of AI, certainly into everyday life, it was perhaps only a matter of time before the real estate industry “bought in” too. Ray White literally bought into the technology a couple of years ago with a $3 million investment in proptech software NurtureCloud, which uses “propensity … Read more
Digital Dominance: Australian Housing Market Rides the Wave of Online Auctions in 2024
The 2024 auction season in Australia is off to an electrifying start, witnessing a remarkable 2775 listings hitting the auction block across the capital cities last week, as reported by CoreLogic. Adding to the momentum, Ray White Burleigh Group (RWBG) orchestrated an intriguing online auction at Currumbin Beach Vikings Surf Life Saving Club in early February, featuring 47 properties with an impressive 75% clearance rate. Departing from the traditional onsite auctions scattered across the Gold Coast, this fully digital RWBG event attracted the participation of roughly 2000 individuals who either tuned in or actively bid throughout the day, benefiting from personalized ‘one-on-one’ attention from their agents. RWBG Principal, Tiger Malan, asserts that online auctions, born out of the COVID-19 pandemic, have proven to be more than a temporary solution, emphasising their lasting impact on the real estate landscape. While acknowledging that not every property may suit online auctions, the RWBG event exemplifies the industry’s shift toward this digital frontier, signaling a promising evolution in the Australian housing market.
Unmasking Mermaid Beach: Decoding the 22.3% Plunge in Median Price Amidst a Real Estate Boom
Despite holding a consistent position as one of the city’s most expensive suburbs, recent PropTrack data reveals a surprising 22.3% drop in its median value over the past year in Mermaid Beach, settling at $2.525 million. The apparent paradox unfolds as the suburb, uniquely divided 50/50 between units and opulent houses, witnesses a surge in high-rise apartment towers, flooding the market with affordable units. However, a closer inspection unveils that excluding these outliers, particularly rare multimillion-dollar beachfront sales, Mermaid Beach remains ablaze with activity. Properties in the one to six million dollar range boast robust annual growth, exemplified by record-setting sales like 19 Cronulla Avenue, signaling that beneath the surface, Mermaid Beach is still a coveted paradise amidst the perceived market turmoil.
