Author Archive

April Real Estate Wrap

Just a quick recap of March. An incredible month of sales in Sydney. Auctions over 85% consistently with my team and I breaking the duplex record for Botany and unit record for Eastlakes.

February Real Estate Wrap

Australia is officially out of recession and despite early predictions of 30% property price falls across Australia, prices have been stable. The last few weeks in Sydney has seen auction clearance rates continuously above 70% with many weeks … Read the full post »

RRE Properties Spring Real Estate News – Michael Michos

Despite some initial dire predictions of a property crash over the last few months, the good news for property owners is that we are still seeing some very good sales results in our local area. Auction clearance rates … Read the full post »

Interest Rates News

RP Data Research Director Tim Lawless says the softer housing conditions through September may have moderated earlier Board concerns about market overheating.

However he notes, “it will be important to monitor the trend rate of growth, particularly across Sydney and Melbourne, … Read the full post »

The NSW government has extended the first home owner grant, announced ahead of the forthcoming June 17 budget.

The NSW government has extended the first home owner grant, announced ahead of the forthcoming June 17 budget.

First-time buyers who purchase new properties – houses or apartments – worth up to $750,000 will now qualify for the $15,000 payment.

The previous … Read the full post »

Is the Chinese Market Overpaying for Property? An Interesting Report

There’s little evidence that Chinese buyers pay more than other buyers for real estate in Sydney, according to a new study.

The University of Technology report, Chinese Demand for Sydney Residential Property, which analysed 74,000 individual home sales over a 10-year … Read the full post »

Auction or asking price? Your sale options

There’s more than one way to sell your property – and you may have a preference of how you’d like to go about it. Here are the most common methods of selling a home.

Auction: This is a popular way to … Read the full post »

Botany Records 100% Profit accroding to News

BOTANY is one of only two Sydney council areas where 100 per cent of properties sold in the June quarter made a profit on the last time they were purchased.

The latest RP Data, Pain and Gain report showed Botany Bay … Read the full post »

RRE Breaks Record for Botany Townhouse Development

Launched 6 weeks ago, RRE Properties is proud to announce that 1-3 Myrtle Street Botany is now 100% sold.

What a fantastic success story from our team breaking the suburb record for each and every property including a $1,165,000 sale which … Read the full post »

Super Strong Spring Season with Auctions on Fire!

On Saturday there were more than 600 auctions, giving buyers plenty to choose from.

There were 100 alone in the the inner west, which has been one of the hottest regions in what’s shaping up as a super strong spring.

Saturday’s weekend … Read the full post »