Tag Archive for 'real estate'

Australian Real Estate Sales Booming Before Christmas

Published on December 7, 2009 in Australia in the News. 0 Comments Tags: , .

It is good to see that at least some where real estate sales are booming:

HOMEBUYERS are shrugging off the pain of interest rate rises in a race to secure houses before Christmas.

Sydney clearances were down by 2.3 per cent to a still impressive 65.1 per cent, while Melbourne’s slipped by only 0.9 per cent to 72.6 per cent.

The real estate industry has predicted that the auction market in Australia’s two largest cities will power on to Christmas.

Although last Tuesday’s 25 basis points increase in official interest rates – the third 0.25 per cent rise in as many months – is expected to slow booming real estate sales in the new year, November and December are historically the busiest for auctions.

According to Australian Property Monitors, Melbourne had 891 Saturday auctions and Sydney 466.

The highest price paid in Sydney was $4.7 million for a 1901 federation manor in Kirribilli.

Melbourne’s most expensive property was a house in South Yarra, that sold for $2.885m.  [Herald-Sun]

Google Maps to Include Australian Real Estate

Published on July 8, 2009 in Australia in the News. 0 Comments Tags: , , .

The applications for Google Maps continues to become more impressive and useful:

GOOGLE has added a real estate search to its Google Maps application in Australia – letting users quickly check out a property’s “location, location, location” online.

The search covers buying and renting and lets users filter properties by type, price, location and real estate agent.

The properties are then displayed on the map, which automatically updates with relevant listings when panned or zoomed to another suburb or when the criteria is changed.

Clicking on a marker or a small circle provides more information about the listing, as well as the contact details of the listing agent and a link to their website.  [News.com]