Suburb Search - How long it takes to lease a home?

PropTrack and REA have released a brilliant interactive for every suburb in Australia to check the average amount of time (Days on Market) a vacant house or unit spends prior to signing a new tenancy agreement. In seconds you can browse through thousands…

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20 May 2022
Sam Bloch Sam Bloch in Property Management, Property Technology, Real Estate

Real Estate Wage Price Index shows the highest growth since 2013

The highest WPI (Wage Price Index) through the year growth was recorded in the Rental, hiring and real estate services industry at 3.1% and our industry's highest annual growth rate since the June quarter of 2013.       March quarter 2022 Key statistics…

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19 May 2022
Sam Bloch Sam Bloch in Property Management, Property Technology, Real Estate

Homeownership, real data and your vote

Still unsure where to draw that one on the green form this Saturday? Selecting the top 8 in order is a complicated task; most take a total pass on the expanded version unless you’ve involved some serious web searches, investigative googling, and added…

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18 May 2022
Sam Bloch Sam Bloch in Property Management, Property Technology, Real Estate

How good is a bad housing policy?

Scotty from marketing is in full soundbite mode as polling shows a decimation of the Coalition come this time next week. Minutes ago, on AM with @SabraLane, the PM was side-stepping the outcome that his new housing policy offer of utilising your…

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16 May 2022
Sam Bloch Sam Bloch in Property Management, Property Technology, Real Estate

Open house - must wear socks n’ slides?

Competition has never been tougher to secure a residential lease. The number of applications per property has significantly increased, and landlords and agencies are hand-selecting, examining, and double-checking every applicant to ensure they have the…

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12 May 2022
Sam Bloch Sam Bloch in Property Management, Property Technology, Real Estate

2 big units, one lease – applications close in 12 days

A new lessee is only days away from signing in one of Canberra's most sought-after locales. As a nation of landlords is reference checking, adding up points, and deciding which of these big units will we be signing up for a 3-year tenancy in less than a…

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9 May 2022
Sam Bloch Sam Bloch in Property Management, Property Technology, Real Estate

Libs, Labor or Greens – What’s on offer for home buyers?

Our federal playland in Canberra may have a new lessee in two weeks. Preferences will decide if Albo is our new PM with an assist from the Greens or if Clive and Hanson’s continued climb up the charts will hand the Coalition another victory and keep…

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7 May 2022
Sam Bloch Sam Bloch in Property Management, Property Technology, Real Estate

Rental availability records new low as vacancies plummet to 0.2%

If you think it’s tough to buy a property in Oz, spare some thought for our renters, who have an average of one per cent of the market when choosing their home. Adelaide is the current titleholder of the lowest rental vacancies in the country - 0.2%…

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5 May 2022
Sam Bloch Sam Bloch in Property Management, Property Technology, Real Estate

Big bank variable mortgage holders, your time is up!

It was no surprise that all major banks jumped at the chance to increase rates in full as the RBA's first rise in over eleven years came to life. The Reserve Bank's cash rate increase of 25 basis points from historic lows of 0.10 per cent to 0.35 per…

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4 May 2022
Sam Bloch Sam Bloch in Property Management, Property Technology, Real Estate

Syd and Melb prices decline - Bris becomes Aussie's hottest market

Sydney and Melbourne's prices decline as Brisbane becomes Australia's hottest property market. The latest property results are in from Domain's March 2022 House Price Report.         Domain March 2022 House Price Report   Last year, the sunshine state's…

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3 May 2022
Sam Bloch Sam Bloch in Property Management, Property Technology, Real Estate