News
REIT Awards for Excellence 2024
We’re thrilled to announce some outstanding achievements! Winner - Riley Turner - 2024 Achievement AwardWinner - Renee Parry - 2024 Individual Sustainability Leadership Award Riley Turner and Renee Parry were both celebrated at the 2024 REIT Awards for Excellence, with Riley winning the Achievement Award and Renee receiving the Individual Sustainability Leadership Award. These recognitions sh...
Australian Real Estate Market Overview: June Quarter 2024
The Real Estate Market Facts Report for the June Quarter 2024 by the Real Estate Institute of Australia (REIA) highlights key trends in the Australian residential housing market, showcasing continued growth in property prices, tight rental markets, and investor activity. Property Price Growth In the June 2024 quarter, property prices in Australia experienced significant growth. The national m...
Family-Friendly Suburbs in Launceston, Tasmania
When it comes to finding the perfect place to raise a family in Northern Tasmania, you’ll be pleased to discover a variety of suburbs that offer a safe, nurturing environment with plenty of amenities. Here are some of the top family-friendly suburbs in Northern Tasmania. Newstead Located just a few kilometers from Launceston’s city centre, Newstead is a highly sought-after suburb for families...
New Stamp Duty Concessions in Tasmania for First Home Buyers
Tasmania has introduced new stamp duty concessions to help first-time home buyers. This initiative aims to improve housing affordability and stimulate the local real estate market. Understanding Stamp Duty Stamp duty is a significant tax imposed on property purchases, often adding thousands to the cost of buying a home. Reducing this tax lowers the financial barrier for first-time buyers. ...
Considering Moving to Launceston?
Nestled in the heart of Tasmania, Launceston offers a unique blend of historic charm, modern amenities, and stunning natural beauty. Known for its vibrant community, excellent schools, and diverse lifestyle options, Launceston is an ideal place for families, professionals, and retirees alike. Whether you're drawn to the bustling city centre, the serene riverside suburbs, or the picturesque hill...
The Benefits of Investing in Tasmanian Property
Tasmania’s real estate market offers a unique opportunity for investors looking to capitalize on the island’s growing popularity and economic potential. Here are some key benefits of investing in Tasmanian property. Affordable Prices Compared to mainland Australia, property prices in Tasmania are relatively affordable. This makes it an attractive option for investors looking to enter the marke...
Tasmanian Housing Market Update: Insights from Cameron Kusher
In a recent video update, Cameron Kusher, Director of Economic Research at Rea Group, delves into the current state of the Tasmanian housing market amidst a weak national economy. With economic growth at just 1.1% and rising inflationary pressures, household saving ratios are low, and consumption is tight. Interest rates are at a 12-year high, and despite low unemployment, job creation is weake...
Celebrating Excellence
We are thrilled that our dedicated leader, Renee Parry, has been named a Finalist for the Operational Support Person of the Year in the REIA National Awards! This incredible achievement comes on the heels of Renee’s success last year, where she earned the prestigious REIT Awards of Excellence in Tasmania. This recognition fuelled her passion and drive, leading her to apply for the national sta...
Preparing Your Home for Sale
Selling your home in Tasmania? Follow these steps to ensure a smooth process and maximise your property's appeal. Declutter and Clean: Start by decluttering and thoroughly cleaning your home. A tidy, well-organised space looks more appealing to potential buyers. Consider renting a storage unit if necessary to keep personal items and excess furniture out of sight. Make Necessary Repairs: Add...
Residential Market Trends: Key Facts on House Prices in Tasmania - March Quarter 2024
The REIT have release their quarterly property report for March 2024 in Tasmania, focusing on house sales and prices in different regions. The residential property market in Tasmania has witnessed some interesting trends in the March quarter of 2024. This article highlights key facts and figures regarding house prices in different regions of Tasmania during this period. Overall House Sales...
Australian Real Estate Market Sees Rising Rents Outpace Property Prices
The Real Estate Institute of Australia (REIA) has released its Real Estate Market Facts report for the March quarter of 2024. The report highlights the continued growth in both house prices and rents in the Australian residential housing market. This article will summarize the key findings of the report, with a focus on the Tasmanian market. Key Findings Property Prices The national me...
