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  • Clearance rates soar with buyers out in force

    Property was in hot demand across Ray White auctions this weekend, with Australasia’s largest real estate group recording a preliminary clearance rate of 74.4 per cent, up 15.4 per cent on the same time last year.

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  • Ray White books record media spend

    Australasian property giant Ray White has just launched its biggest media spend campaign in its 122 year history, with $1.5 million committed across four pillars in 2024.

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  • Powerhouse agents team up

    LOCAL agents Will Munro and Sam Borner have teamed up with Peter Ludbrook and Jarrod Cloke to create a powerhouse business at Ray White Ballarat.

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  • Auction activity rebounds

    Auction activity surged after the Easter long weekend, and Australasia’s largest real estate group recorded a preliminary clearance rate of 69 per cent of its 467 auctions today.

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  • Count her in

    Leading Ladies of Real Estate champion financial independence for International Women’s Day

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  • Ray White becomes one in Wodonga

    Two of Ray White Rural’s most prolific operators have joined forces in the border towns of Albury and Wodonga, taking the real estate offering to new heights.

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  • 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

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  • 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.

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  • 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.

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