The real estate market generally reflects the current state of the broader economy – it fluctuates between booms and busts. These can often differ from suburb to suburb and state to state. Ideally, we’d all sell when the market is… Read More »

The European debt crisis continued to unravel last week, with markets now betting on the likelihood of a complete collapse of the Euro. Germany suffered its worst bond auction in history during the week, shocking debt markets around the world… Read More »

As always, macro market conditions go hand-in-hand with local area conditions in determining buyer sentiment. The Eurozone debt crisis continued to dominate the media last week, wreaking havoc on investor confidence in world markets. An article in the Sydney Morning… Read More »

Global events form part of the macro conditions which must be considered in conjunction with the local market environment, in light of the potential impact on buyer behaviour and sentiment. Ongoing speculation over the European debt crisis is creating a… Read More »

If ever any evidence was required that interest rates and the perception of where interest rates are heading is not central in an assessment of the residential market, then our experience in July, where Westpac predicted that the next interest… Read More »

For all of us either born and breed, or through choice moved here to the one of the most beautiful and serene areas of Sydney, the recent decision in the Land and Environment court is a day we thought might never… Read More »

View the May 2011 Video Click here to view the Turramurra Suburb Video Read More »

In terms of the overall property market, the latest finalised auction results from RP Data showed Sydney and Adelaide with improved clearance rates of 56% and 36.5% respectively. The Melbourne market dipped slightly, clearing 51.6% of auctioned properties, while Brisbane’s… Read More »

According to RPdata this week, Sydney's auction clearance rate rose to 60.2 per cent, Melbourne rose to 60.6 per cent and Brisbane rose to 23.5 per cent. In Adelaide the clearance rate was 44.6 per cent, in Canberra we saw… Read More »

According to the final 2010 auction clearance figures from RPdata Sydney fell to 48.7 per cent, Melbourne dropped slightly to 54.9 per cent, Canberra saw 52.4 per cent, Brisbane dipped to 16.1 per cent, Adelaide decreased to 31.9 per cent… Read More »

Second & third quarter 2010 market conditions across the Upper North Shore this year has seen reduced stock levels and generally quieter than normal trading conditions.  On the up side, prices appear to have held up well and gains made… Read More »

At our auctions on the weekend (Sat 19 June) our team was successful selling 6 from 7 (86%), this in spite of the drop in enquiries and open home attendees and the buyers talking about a correction in the marketplace. While… Read More »

The future direction of interest rates and the likely impact on the property market is currently unclear. An article in the Daily Telegraph early last week said interest rates will be 2% higher than current levels within 18 months, if… Read More »

Properties vary in type, location and features as widely as the reasons for making the decision to go to market, however one factor remains consistent when it comes to achieving the best possible price. In an age where instant coffee… Read More »

Despite a lift in the official cash rate to 4.25% at the April meeting of the Reserve Bank of Australia (Bad news)  there is certainly no need for borrowers to panic.   Australia's standard variable home loan interest rates start… Read More »

There was a very interesting article in The Sunday Telegraph on March 21. I have taken some excerpts and figures:   "Figures prepared exclusively for The Sunday Telegraph by Australian Property Monitors (APM) show Sydney’s median price is on target to… Read More »

Ray White Turramurra was recognised at the recent awards held at Sydney’s Randwick Racecourse.  Joining over 1000 of our fellow Ray White businesses at our annual black tie Gala Ball we were thrilled to be recognised in 3 separate awards. … Read More »

In terms of the overall market, auction results were once again strong last weekend, with researcher RP Data reporting high clearance rates around the country. 82% of properties were sold under the hammer in Melbourne, while Sydney had a clearance… Read More »

In terms of the overall market, news of the Reserve Bank (RBA) decision to keep the official cash rate on hold last week shocked the market - the vast majority of commentators had predicted a 25 basis points increase. Instead… Read More »