urlscan.io logo urlscan.io
SecurityTrails logo

www.raywhite.com Open in urlscan Pro
13.239.167.77  Public Scan

Back to summary
Submitted URL: https://t.apemail.net/c/nqkqmbqgkmhqiukvdida4aagdibvma2vdjkviusrdiaa4dyfkeaqmaafazkvgfi3aqha6aaoaenqibqfb4hqgbybdmbaed...
Effective URL: https://www.raywhite.com/blog/economic-update-27-january/?utm_campaign=the-city-sound&utm_content=economic-update-%E2%80%...
Submission: On February 17 via manual from AU — Scanned from DE

Form analysis 10 forms found in the DOM

<form class="search-type-select-field">
  <h5>Search for</h5>
  <select class="property-type-select" id="type" name="type">
    <option value="SAL" id="buy-residential-form-switchform">Residential</option>
    <option value="COM" id="buy-commercial-form-switchform">Commercial</option>
    <option value="BUS" id="buy-business-form-switchform">Business</option>
    <option value="RUR" id="buy-rural-form-switchform">Rural</option>
    <option value="LAN" id="buy-land-form-switchform">Land</option>
    <option value="PRO" id="buy-project-form-switchform">Projects</option>
  </select>
</form>

Name: BuyResidential — GET /buy/

<form id="buy-residential-form" name="BuyResidential" class="property-search-form property-search-tab-form v-dense-form event-tracking-form" method="get" action="/buy/" style="position: relative; top: auto;">
  <input type="hidden" name="type" value="SAL" id="type">
  <input type="hidden" name="_se" value="buy" id="_se">
  <input type="hidden" name="budgetmax" value="" id="budget-max">
  <input type="hidden" name="budgetdisplay" value="" id="budgetdisplay">
  <div class="form-row has-group">
    <div class="form-row-group frg-100">
      <div class="frg frg-30"><label for="subtype" class="optional">I'm seeking</label>
        <select name="subtype" id="subtype">
          <option value="ANY" label="All Property Types">All Property Types</option>
          <option value="ACR" label="Acreage">Acreage</option>
          <option value="ASR" label="Acreage/Semi-Rural">Acreage/Semi-Rural</option>
          <option value="ALP" label="Alpine">Alpine</option>
          <option value="APT" label="Apartment">Apartment</option>
          <option value="BOU" label="Block of Units">Block of Units</option>
          <option value="SDC" label="DuplexSemi-detached">DuplexSemi-detached</option>
          <option value="FLT" label="Flat">Flat</option>
          <option value="HSE" label="House">House</option>
          <option value="OTH" label="Other">Other</option>
          <option value="RTM" label="Retirement">Retirement</option>
          <option value="SAP" label="Serviced Apartment">Serviced Apartment</option>
          <option value="STD" label="Studio">Studio</option>
          <option value="TCE" label="Terrace">Terrace</option>
          <option value="THS" label="Townhouse">Townhouse</option>
          <option value="UNT" label="Unit">Unit</option>
          <option value="LND" label="Vacant Land">Vacant Land</option>
          <option value="VIL" label="Villa">Villa</option>
          <option value="WHS" label="Warehouse">Warehouse</option>
        </select>
      </div>
      <div class="frg frg-70 search-location"><label for="suburb" class="propertysearchsuburb required">in</label>
        <div class="proprty-search-location-wrapper"><i class="icon-map-marker"></i>
          <input type="text" name="suburb" id="suburb" value="" placeholder="e.g. Sydney, Melbourne" class="ui-autocomplete-input" autocomplete="off">
          <div class="progress-indicator">
            <div class="spinner">Searching</div>
            <div class="feedback"></div>
          </div>
          <div class="include-surrounding"><label for="buy-location-radius" class="optional">include surrounding areas <i class="icon-check"></i></label>
            <input type="hidden" name="radius" value="0"><input type="checkbox" name="radius" id="buy-location-radius" value="10" checked="checked" title="include surrounding areas">
          </div>
        </div>
      </div>
    </div>
  </div>
  <div class="form-row has-group">
    <div class="form-row-group frg-40">
      <div class="frg frg-third"><label for="bedroom" class="optional">bedrooms</label>
        <select name="bedroom" id="bedroom">
          <option value="any" label="Any" selected="selected">Any</option>
          <option value="1" label="1+">1+</option>
          <option value="2" label="2+">2+</option>
          <option value="3" label="3+">3+</option>
          <option value="4" label="4+">4+</option>
        </select>
      </div>
      <div class="frg frg-third"><label for="bathroom" class="optional">bathrooms</label>
        <select name="bathroom" id="bathroom">
          <option value="any" label="Any" selected="selected">Any</option>
          <option value="1" label="1+">1+</option>
          <option value="2" label="2+">2+</option>
          <option value="3" label="3+">3+</option>
        </select>
      </div>
      <div class="frg frg-third"><label for="garage" class="optional">parking</label>
        <select name="garage" id="garage">
          <option value="any" label="Any" selected="selected">Any</option>
          <option value="1" label="1+">1+</option>
          <option value="2" label="2+">2+</option>
          <option value="3" label="3+">3+</option>
        </select>
      </div>
    </div>
    <div class="form-row-group frg-40">
      <div class="frg frg-100">
        <input type="hidden" name="budgetmin" value="" id="budget-min">
        <div class="label budget-slider-label">to suit a budget of about</div>
        <div class="slider-container">
          <div id="budget-slider" class="ui-slider ui-slider-horizontal ui-widget ui-widget-content ui-corner-all"><span class="ui-slider-handle ui-state-default ui-corner-all" tabindex="0" style="left: 0%;">
              <div class="tooltip">
                <div class="tooltip-inner">Any</div>
                <div class="tooltip-arrow"></div>
              </div>
            </span></div>
        </div>
      </div>
    </div>
    <div class="form-row-group frg-20">
      <div class="frg frg-100 has-button">
        <button type="submit" id="_s" value="buy" name="_s"> Search</button>
      </div>
    </div>
  </div>
</form>

GET /buy/

<form id="buy-land-form" class="property-search-form property-search-tab-form v-dense-form event-tracking-form" method="get" action="/buy/" style="display: none; position: relative; top: auto;">
  <input type="hidden" name="type" value="LAN" id="type">
  <input type="hidden" name="_se" value="buy" id="_se">
  <input type="hidden" name="budgetdisplay" value="" id="budgetdisplay">
  <div class="form-row has-group">
    <div class="form-row-group frg-100">
      <div class="frg frg-100 search-location"><label for="suburb" class="propertysearchsuburb required">I am seeking vacant land in</label>
        <div class="proprty-search-location-wrapper"><i class="icon-map-marker"></i>
          <input type="text" name="suburb" id="suburb" value="" placeholder="e.g. Sydney, Melbourne" class="ui-autocomplete-input" autocomplete="off">
          <div class="progress-indicator">
            <div class="spinner">Searching</div>
            <div class="feedback"></div>
          </div>
          <div class="include-surrounding"><label for="buylnd-location-radius" class="optional">include surrounding areas <i class="icon-check"></i></label>
            <input type="hidden" name="radius" value="0"><input type="checkbox" name="radius" id="buylnd-location-radius" value="10" checked="checked" title="Include surrounding areas">
          </div>
        </div>
      </div>
    </div>
  </div>
  <div class="form-row has-group">
    <div class="form-row-group frg-30 field-range">
      <div class="frg frg-100">
        <div class="label">land size range (m²)</div>
        <div class="frg frg-50">
          <input type="text" name="landsizemin" id="landsizemin" value="" placeholder="Any">
        </div>
        <div class="frg frg-50">
          <input type="text" name="landsizemax" id="landsizemax" value="" placeholder="Any">
        </div>
      </div>
    </div>
    <div class="form-row-group frg-40">
      <div class="frg frg-100">
        <input type="hidden" name="budgetmin" value="" id="budget-min">
        <div class="label budget-slider-label">to suit a budget of about</div>
        <div class="slider-container">
          <div id="budget-slider"></div>
        </div>
        <input type="hidden" name="budgetmax" value="" id="budget-max">
      </div>
    </div>
    <div class="form-row-group frg-30">
      <div class="frg frg-100 has-button">
        <button type="submit" id="_s" value="buy" name="_s"> Search</button>
      </div>
    </div>
  </div>
</form>

GET /buy/

<form class="propertyid-search-form input-and-button tight dense-form event-tracking-form" method="get" action="/buy/">
  <input type="hidden" name="type" value="propertyID-keyword-search">
  <label for="specificsearchbyid" class="hidden-label">Search by Property ID</label>
  <input type="text" name="pptyid" value="" placeholder=" E.g. '8568' or 'pinnacle'" title="By Property ID, e.g. '8568'" id="specificsearchbyid">
  <button type="submit" name="_s" value="target-buy" class="soft">Find</button>
</form>

<form class="search-type-select-field">
  <h5>Search for</h5>
  <select class="property-type-select" id="type" name="type">
    <option value="REN" id="rent-residential-form-switchform">Residential</option>
    <option value="COM" id="rent-commercial-form-switchform">Commercial</option>
    <option value="HOL" id="rent-holiday-form-switchform">Holiday</option>
  </select>
</form>

GET /rent/

<form id="rent-residential-form" class="property-search-form property-search-tab-form v-dense-form event-tracking-form" method="get" action="/rent/" style="position: relative; top: auto;">
  <input type="hidden" name="type" value="REN" id="type">
  <input type="hidden" name="_se" value="rent" id="_se">
  <input type="hidden" name="budgetmax" value="" id="budget-max">
  <input type="hidden" name="budgetdisplay" value="" id="budgetdisplay">
  <div class="form-row has-group">
    <div class="form-row-group frg-100">
      <div class="frg frg-30"><label for="subtype" class="optional">I'm seeking</label>
        <select name="subtype" id="subtype">
          <option value="ANY" label="All Property Types">All Property Types</option>
          <option value="ACR" label="Acreage">Acreage</option>
          <option value="ASR" label="Acreage/Semi-Rural">Acreage/Semi-Rural</option>
          <option value="ALP" label="Alpine">Alpine</option>
          <option value="APT" label="Apartment">Apartment</option>
          <option value="BOU" label="Block of Units">Block of Units</option>
          <option value="SDC" label="DuplexSemi-detached">DuplexSemi-detached</option>
          <option value="FLT" label="Flat">Flat</option>
          <option value="HSE" label="House">House</option>
          <option value="OTH" label="Other">Other</option>
          <option value="RTM" label="Retirement">Retirement</option>
          <option value="SAP" label="Serviced Apartment">Serviced Apartment</option>
          <option value="STD" label="Studio">Studio</option>
          <option value="TCE" label="Terrace">Terrace</option>
          <option value="THS" label="Townhouse">Townhouse</option>
          <option value="UNT" label="Unit">Unit</option>
          <option value="LND" label="Vacant Land">Vacant Land</option>
          <option value="VIL" label="Villa">Villa</option>
          <option value="WHS" label="Warehouse">Warehouse</option>
        </select>
      </div>
      <div class="frg frg-70 search-location"><label for="suburb" class="propertysearchsuburb required">in</label>
        <div class="proprty-search-location-wrapper"><i class="icon-map-marker"></i>
          <input type="text" name="suburb" id="suburb" value="" placeholder="e.g. Sydney, Melbourne" class="ui-autocomplete-input" autocomplete="off">
          <div class="progress-indicator">
            <div class="spinner">Searching</div>
            <div class="feedback"></div>
          </div>
          <div class="include-surrounding"><label for="rent-location-radius" class="optional">include surrounding areas <i class="icon-check"></i></label>
            <input type="hidden" name="radius" value="0"><input type="checkbox" name="radius" id="rent-location-radius" value="10" checked="checked" title="include surrounding areas">
          </div>
        </div>
      </div>
    </div>
  </div>
  <div class="form-row has-group">
    <div class="form-row-group frg-40">
      <div class="frg frg-third"><label for="bedroom" class="optional">bedrooms</label>
        <select name="bedroom" id="bedroom">
          <option value="any" label="Any" selected="selected">Any</option>
          <option value="1" label="1+">1+</option>
          <option value="2" label="2+">2+</option>
          <option value="3" label="3+">3+</option>
          <option value="4" label="4+">4+</option>
        </select>
      </div>
      <div class="frg frg-third"><label for="bathroom" class="optional">bathrooms</label>
        <select name="bathroom" id="bathroom">
          <option value="any" label="Any" selected="selected">Any</option>
          <option value="1" label="1+">1+</option>
          <option value="2" label="2+">2+</option>
          <option value="3" label="3+">3+</option>
        </select>
      </div>
      <div class="frg frg-third"><label for="garage" class="optional">parking</label>
        <select name="garage" id="garage">
          <option value="any" label="Any" selected="selected">Any</option>
          <option value="1" label="1+">1+</option>
          <option value="2" label="2+">2+</option>
          <option value="3" label="3+">3+</option>
        </select>
      </div>
    </div>
    <div class="form-row-group frg-40">
      <div class="frg frg-100">
        <input type="hidden" name="budgetmin" value="" id="budget-min">
        <div class="label budget-slider-label">to suit a budget of about (per week)</div>
        <div class="slider-container">
          <div id="budget-slider" class="ui-slider ui-slider-horizontal ui-widget ui-widget-content ui-corner-all"><span class="ui-slider-handle ui-state-default ui-corner-all" tabindex="0" style="left: 0%;">
              <div class="tooltip">
                <div class="tooltip-inner">Any</div>
                <div class="tooltip-arrow"></div>
              </div>
            </span></div>
        </div>
      </div>
    </div>
    <div class="form-row-group frg-20">
      <div class="frg frg-100 has-button">
        <button type="submit" id="_s" value="rent" name="_s"> Search</button>
      </div>
    </div>
  </div>
</form>

GET /rent/

<form id="rent-commercial-form" class="property-search-form property-search-tab-form v-dense-form event-tracking-form" method="get" action="/rent/" style="display: none; position: relative; top: auto;">
  <input type="hidden" name="type" value="COM" id="type">
  <input type="hidden" name="_se" value="rent" id="_se">
  <input type="hidden" name="budgetdisplay" value="" id="budgetdisplay">
  <div class="form-row has-group">
    <div class="form-row-group frg-100">
      <div class="frg frg-30"><label for="subtype" class="optional">I'm seeking</label>
        <select name="subtype" id="subtype">
          <option value="ANY" label="All Property Types">All Property Types</option>
          <option value="FARM" label="Commercial Farming">Commercial Farming</option>
          <option value="HOTEL" label="Hotel/Leisure">Hotel/Leisure</option>
          <option value="IND" label="Industrial/Warehouse">Industrial/Warehouse</option>
          <option value="DEV" label="Land/Development">Land/Development</option>
          <option value="MED" label="Medical/Consulting">Medical/Consulting</option>
          <option value="OFF" label="Offices">Offices</option>
          <option value="OTH" label="Other">Other</option>
          <option value="RET" label="Retail">Retail</option>
          <option value="SER" label="Serviced Offices">Serviced Offices</option>
          <option value="SAL" label="Showrooms/Bulky Goods">Showrooms/Bulky Goods</option>
          <option value="TOUR" label="Tourism">Tourism</option>
        </select>
      </div>
      <div class="frg frg-70 search-location"><label for="suburb" class="propertysearchsuburb required">in</label>
        <div class="proprty-search-location-wrapper"><i class="icon-map-marker"></i>
          <input type="text" name="suburb" id="suburb" value="" placeholder="e.g. Sydney, Melbourne" class="ui-autocomplete-input" autocomplete="off">
          <div class="progress-indicator">
            <div class="spinner">Searching</div>
            <div class="feedback"></div>
          </div>
          <div class="include-surrounding"><label for="buycom-location-radius" class="optional">include surrounding areas <i class="icon-check"></i></label>
            <input type="hidden" name="radius" value="0"><input type="checkbox" name="radius" id="buycom-location-radius" value="10" checked="checked" title="Include surrounding areas">
          </div>
        </div>
      </div>
      <input type="hidden" name="comtype" value="LSE" id="comtype">
    </div>
  </div>
  <div class="form-row has-group">
    <div class="frg frg-100">
      <div class="form-row-group frg-20 field-range">
        <div class="label">floor size range (m²)</div>
        <div class="frg frg-50">
          <input type="text" name="floorsizemin" id="floorsizemin" value="" placeholder="Any">
        </div>
        <div class="frg frg-50">
          <input type="text" name="floorsizemax" id="floorsizemax" value="" placeholder="Any">
        </div>
      </div>
    </div>
    <div class="form-row-group frg-20 field-range">
      <div class="label">land size range (m²)</div>
      <div class="frg frg-50">
        <input type="text" name="landsizemin" id="landsizemin" value="" placeholder="Any">
      </div>
      <div class="frg frg-50">
        <input type="text" name="landsizemax" id="landsizemax" value="" placeholder="Any">
      </div>
    </div>
    <div class="form-row-group frg-40">
      <input type="hidden" name="budgetmin" value="" id="commercial-budget-min">
      <div class="label budget-slider-label">to suit a budget of about (per annum)</div>
      <div class="slider-container">
        <div id="budget-slider"></div>
      </div>
      <input type="hidden" name="budgetmax" value="" id="budget-max">
    </div>
    <div class="form-row-group frg-20">
      <div class="frg frg-100 has-button">
        <button type="submit" id="_s" value="rent" name="_s"> Search</button>
      </div>
    </div>
  </div>
</form>

GET /rent/

<form id="rent-holiday-form" class="property-search-form property-search-tab-form v-dense-form event-tracking-form" method="get" action="/rent/" style="display: none; position: relative; top: auto;">
  <input type="hidden" name="type" value="HOL" class="property-type-select" id="type">
  <input type="hidden" name="_se" value="rent" id="_se">
  <div class="form-row has-group">
    <div class="form-row-group frg-100">
      <div class="frg frg-30"><label for="subtype" class="optional">I'm seeking</label>
        <select name="subtype" id="subtype">
          <option value="ANY" label="All Property Types">All Property Types</option>
          <option value="ALP" label="Alpine">Alpine</option>
          <option value="APT" label="Apartment">Apartment</option>
          <option value="BCK" label="Backpacker Hostel">Backpacker Hostel</option>
          <option value="BNB" label="Bed And Breakfast">Bed And Breakfast</option>
          <option value="CMP" label="Campground">Campground</option>
          <option value="PRK" label="Caravan Holiday Park">Caravan Holiday Park</option>
          <option value="SDC" label="Duplex Semi-detached">Duplex Semi-detached</option>
          <option value="ERN" label="Executive Rental">Executive Rental</option>
          <option value="FRM" label="Farm Stay">Farm Stay</option>
          <option value="FLT" label="Flat">Flat</option>
          <option value="HOT" label="Hotel">Hotel</option>
          <option value="HSE" label="House">House</option>
          <option value="HSB" label="House Boat">House Boat</option>
          <option value="LDG" label="Lodge">Lodge</option>
          <option value="MOT" label="Motel">Motel</option>
          <option value="OTH" label="Other">Other</option>
          <option value="RES" label="Resort">Resort</option>
          <option value="RTR" label="Retreat">Retreat</option>
          <option value="SCC" label="Self Contained Cottage">Self Contained Cottage</option>
          <option value="SAP" label="Serviced Apartment">Serviced Apartment</option>
          <option value="STD" label="Studio">Studio</option>
          <option value="TCE" label="Terrace">Terrace</option>
          <option value="THS" label="Townhouse">Townhouse</option>
          <option value="UNT" label="Unit">Unit</option>
          <option value="VIL" label="Villa">Villa</option>
        </select>
      </div>
      <div class="frg frg-70 search-location"><label for="suburb" class="propertysearchsuburb required">in</label>
        <div class="proprty-search-location-wrapper"><i class="icon-map-marker"></i>
          <input type="text" name="suburb" id="suburb" value="" placeholder="e.g. Sydney, Melbourne" class="ui-autocomplete-input" autocomplete="off">
          <div class="progress-indicator">
            <div class="spinner">Searching</div>
            <div class="feedback"></div>
          </div>
          <div class="include-surrounding"><label for="rnthol-location-radius" class="optional">include surrounding areas <i class="icon-check"></i></label>
            <input type="hidden" name="radius" value="0"><input type="checkbox" name="radius" id="rnthol-location-radius" value="10" checked="checked" title="Include surrounding areas">
          </div>
        </div>
      </div>
    </div>
  </div>
  <div class="form-row has-group">
    <div class="form-row-group frg-30">
      <div class="frg frg-100 has-button">
        <button type="submit" id="_s" value="rent" name="_s"> Search</button>
      </div>
    </div>
  </div>
</form>

GET /rent/

<form class="propertyid-search-form input-and-button tight dense-form event-tracking-form" method="get" action="/rent/">
  <input type="hidden" name="type" value="propertyID-keyword-search">
  <label for="specificsearchbyid" class="hidden-label">Search by Property ID</label>
  <input type="text" name="pptyid" value="" placeholder=" E.g. '8568' or 'pinnacle'" title="By Property ID, e.g. '8568'" id="specificsearchbyid">
  <button type="submit" name="_s" value="target-rent" class="soft">Find</button>
</form>

GET /contact/

<form id="contact-search-form" class="property-search-tab-form v-dense-form event-tracking-form" action="/contact/" method="get">
  <input type="hidden" name="type" value="People" id="type">
  <input type="hidden" name="target" value="people" id="target">
  <div class="form-row has-group">
    <div class="form-row-group frg-100">
      <div class="frg frg-70"><label for="suburb" class="optional">I'm seeking an agent around</label>
        <div class="proprty-search-location-wrapper"><i class="icon-map-marker"></i>
          <input type="text" name="suburb" id="suburb" value="" placeholder="e.g. Sydney, Melbourne" data-require-postcode="1" class="ui-autocomplete-input" autocomplete="off">
          <div class="progress-indicator">
            <div class="spinner">Searching</div>
            <div class="feedback"></div>
          </div>
        </div>
      </div>
      <div class="frg frg-30"><label for="radius" class="optional">preferably within</label>
        <select name="radius" id="radius">
          <option value="5" label="5 km">5 km</option>
          <option value="10" label="10 km">10 km</option>
          <option value="20" label="20 km">20 km</option>
          <option value="30" label="30 km">30 km</option>
          <option value="50" label="50 km">50 km</option>
        </select>
      </div>
    </div>
  </div>
  <div class="form-row has-group">
    <div class="form-row-group frg-100">
      <div class="frg frg-40"><label for="firstname" class="optional">First Name (optional)</label>
        <input type="text" name="firstname" id="firstname" value="">
      </div>
      <div class="frg frg-40"><label for="lastname" class="optional">Last Name (optional)</label>
        <input type="text" name="lastname" id="lastname" value="">
      </div>
      <div class="frg frg-20 has-button">
        <button type="" id="_so" value="people" name="_so"> Search</button>
      </div>
    </div>
  </div>
</form>

Text Content

Region Australia New Zealand Indonesia Middle East
 * You are not signed in sign in or register
 * save searches, properties and create email alerts

Sign in with one of your existing
social network accounts:

Facebook Twitter Google

SAVED SEARCHES

Sign in to save your searches.

RECENT SEARCHES

Clear your search history
Menu & Search
 * Buy Touch to search for properties for sale
 * Rent Touch to search for properties for rent or lease
 * Sell
 * Find an agent
 * Tips & Advice
 * Careers
 * Home loans
   

 * SEARCH FOR
   
   Residential Commercial Business Rural Land Projects
    * Residential
    * Commercial
    * Business
    * Rural
    * Land
    * Projects
   
   I'm seeking All Property Types Acreage Acreage/Semi-Rural Alpine Apartment
   Block of Units DuplexSemi-detached Flat House Other Retirement Serviced
   Apartment Studio Terrace Townhouse Unit Vacant Land Villa Warehouse
   in
   Searching
   
   include surrounding areas
   bedrooms Any 1+ 2+ 3+ 4+
   bathrooms Any 1+ 2+ 3+
   parking Any 1+ 2+ 3+
   to suit a budget of about
   Any
   
   Search
   I am seeking vacant land in
   Searching
   
   include surrounding areas
   land size range (m²)
   
   
   to suit a budget of about
   
   Search
   Ray White offers more than 60,000 properties for sale each year, with the
   widest selection of real estate of any group in Australasia.
   
   LOOK UP A PROPERTY ID OR KEYWORD
   
   Search by Property ID Find

 * SEARCH FOR
   
   Residential Commercial Holiday
    * Residential
    * Commercial
    * Holiday
   
   I'm seeking All Property Types Acreage Acreage/Semi-Rural Alpine Apartment
   Block of Units DuplexSemi-detached Flat House Other Retirement Serviced
   Apartment Studio Terrace Townhouse Unit Vacant Land Villa Warehouse
   in
   Searching
   
   include surrounding areas
   bedrooms Any 1+ 2+ 3+ 4+
   bathrooms Any 1+ 2+ 3+
   parking Any 1+ 2+ 3+
   to suit a budget of about (per week)
   Any
   
   Search
   I'm seeking All Property Types Commercial Farming Hotel/Leisure
   Industrial/Warehouse Land/Development Medical/Consulting Offices Other Retail
   Serviced Offices Showrooms/Bulky Goods Tourism
   in
   Searching
   
   include surrounding areas
   floor size range (m²)
   
   
   land size range (m²)
   
   
   to suit a budget of about (per annum)
   
   Search
   I'm seeking All Property Types Alpine Apartment Backpacker Hostel Bed And
   Breakfast Campground Caravan Holiday Park Duplex Semi-detached Executive
   Rental Farm Stay Flat Hotel House House Boat Lodge Motel Other Resort Retreat
   Self Contained Cottage Serviced Apartment Studio Terrace Townhouse Unit Villa
   in
   Searching
   
   include surrounding areas
   Search
   Whether you’re a landlord, tenant or investor we have the right information
   and advice to meet your needs.
   
   LOOK UP A PROPERTY ID OR KEYWORD
   
   Search by Property ID Find
 * I'm seeking an agent around
   Searching
   
   preferably within 5 km 10 km 20 km 30 km 50 km
   First Name (optional)
   Last Name (optional)
   Search
   You can find all our corporate contact details on the Ray White Group
   website.
   With over 1,000 offices across 11 countries, one of our 12,000 specialists
   are ready to discuss your property needs.
 * 


 * 
 * 
 * 
 * 
 * 
 * 


ECONOMIC UPDATE – 27 JANUARY

Welcome to my first weekly update for 2022! This week I will take a look at the
regional areas that are more expensive than our capital cities, as well as how
the pandemic has made Australian’s more wealthy.

These regional area are more expensive than our capital cities

Moving from a capital to a regional area is often seen as a good way to save
money. In many parts of Australia however regional areas are quite a bit more
expensive and the number of those that are more expensive than our capital
cities has increased since the start of the pandemic.

In March 2020, there were ten regional areas that were more expensive than the
capital city with the lowest median, Perth. Since then, median prices in five
regional areas have overtaken not just Perth but also Darwin and Adelaide. These
are Hunter Valley, Ballarat, Bendigo, Latrobe-Gippsland and South-East Tasmania.

The other big change has been that there are now three regional areas that are
more expensive than Melbourne – Illawarra, Sunshine Coast and Richmond-Tweed.
Prior to the pandemic, there were none.

Sydney has the most expensive property in Australia with a median of $1.4
million however Illawarra is now the second most expensive region of Australia,
with a median of $1.01 million. Following on from this is Canberra, then
Sunshine Coast and Richmond Tweed.



What is the outlook for regional property in Australia? Areas close to capital
cities such as Geelong and Illawarra are likely to continue to see strong
growth. Not only were these areas doing well prior to the pandemic, their
pricing is now starting to more closely resemble nearby Melbourne (for Geelong)
and Sydney (for Illawarra).

For those that own it, housing is making Australians very wealthy

The pandemic has driven household wealth to record highs in 2021, reaching
almost $14 billion. The biggest component of the increase has been the growth in
home values. Household wealth has increased by nearly $3,000 billion while the
value of our homes increased by $1,900 billion since the start of the pandemic.
The remaining $1,100 billion increase was mainly from increases to our
superannuation (up $628 billion) and deposits (up $225 billion).

Over the long term, housing has become a major component of our wealth. In 1988,
our homes made up just over a half of our total wealth. That has now increased
to just over 63 per cent.



While the values of our homes have increased, it has of course been matched by
higher levels of debt – total debt levels increased by $145 billion. Although it
is only a small fraction of the increase in the total value of homes, it does
raise the question as to how prepared mortgage holders are for a rate rise. At
this point, it is difficult to tell as we don’t know exactly when a rate rise
will happen nor the extent to which they will increase. With savings having
increased, ideally most households will now have sufficient buffers to withstand
higher mortgage repayments

For first home buyers, the sharp rise in pricing is particularly frustrating. If
you are a first home buyer, the best advice is to just get into the market and
try not to time cycles. Pretty much every suburb has risen in value over the
past five years however fundamentally owning a property puts you in a very
different position at retirement than a renter. The best piece of financial
advice is to pay off your credit cards however coming in close would be to buy a
home.

CATEGORIES

 * OUR PEOPLE, THEIR STORIES
   
   Meet just some of the people who make up our global network.

 * WHAT ARE YOU WAITING FOR?
   
   

 * MARKET NEWS
   
   Latest real estate updates

 * ADVICE & TIPS
   
   We have the Know_How

 * INSPIRATION
   
   Trends and creative advice

 * FINANCE
   
   The latest financial news for real estate

 * WHITE PAPER
   
   The latest from Brian White

TWEETS

Tweet to @RayWhiteGroup

SITE

 * Home
 * Contact
 * About Us
 * Privacy
 * Legal
 * Terms of Use

STAY IN TOUCH

 * News
 * Complaints
 * Commercial eMagazine
 * White Paper

USEFUL TOOLS

 * Loan Repayment Calculator
 * How Much Can I Borrow?
 * Find a Mortgage Broker
 * Find an Agent or Office
 * Virtual Appraisals
 * Private Inspections
 * Online Auctions

CONNECT

 * Facebook
 * Twitter
 * YouTube
 * LinkedIn
 * Instagram

 * © 2022 Ray White
 * Site Map

 * Australia
 * New Zealand
 * Melbourne
 * Sydney
 * Perth
 * Brisbane
 * Hobart
 * Adelaide
 * Gold Coast
 * Cairns
 * Canberra



Notifications