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The average weekly price for a rental in Australia is $570 per week. Units are typically cheaper, at a national median of $540 vis-a-vis houses at $582. [3] Rental prices grew nationally by 10.1% between 2022 and 2023; substantially higher than the annualised CPI rate of 7% for the period.
Short-term rental (STR) describes furnished self-contained apartments or houses that are rented for short periods of time. [1] They are usually seen as an alternative to hotels . "Short stay" rentals are an offshoot of the corporate housing market, [ 2 ] and are also offered by private owners and investors via online platforms such as Airbnb .
As of July 2015, the Property Market in Sydney has surged in the first Q of 2015, up 3.1%. [12] Sydney's eastern and northern suburbs typically attract the highest prices, reflecting their desirability and premium location. [13] The annual capital growth for houses and units in Sydney is 4.2% and 3.8% respectively. [14]
The first virtual property tours in Australia were sold and published by DiJones. In September 1998 the company launched a service where, for a $70 fee, a vendor could have their property posted on the Web site with a virtual tour. [11] [12] The company was the first Australian real estate agency to live stream a real estate auction via their ...
The Domain Group is best known for its real-estate portal domain.com.au, which is Australia's second largest real-estate marketing business, with 90% market penetration. [14] It competes directly with market leader REA Group, running real-estate.com.au, which is majority-owned by Nine rival News Corp Australia. [15] [16]
Real estate investment trusts of Australia (6 P) Pages in category "Real estate companies of Australia" The following 39 pages are in this category, out of 39 total.
Rent.com.au was established in 2007 [1] to address a gap in the market for a real estate portal that specifically catered to the needs of Australian renters. For the first two years, the company focused on developing a website front end and ensuring sufficient property listings content was available to provide renters with the widest choice of rental properties possible.
Real estate companies of Australia (1 C, 39 P) Residential buildings in Australia (8 C, 3 P) ... Australian residential rental market; B. Bowden development; E.