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A period of rapid technology change
A period of rapid technology change

28 March 2023, 2:30 PM

The electrical retail industry in Australia has gone through a significant period of change over the last few years. The covid pandemic became the catalyst for many Australians adjusting, not necessarily by choice, how and where they spend their quality time. Families were choosing to make purchases for their homes rather than saving for the next big holiday, which started to feel more unattainable than ever. Technology has played a major part in assisting this shift in consumer behaviour. For example, 4K Televisions that can show cinema quality content are now more affordable than ever. Soundbars with Dolby Atmos technology can emulate true surround sound in the home. The abundance of streaming services, such as Netflix, Prime Video and Disney Plus, now allows Australians to have access to an unprecedented amount of content, all available at the touch of a button. While the worst of covid seems to be firmly behind us, many of the lifestyle adjustments it catalysed have stuck, with access and affordability being integral to the change.Advancements in technology are already occurring throughout the electrical retail industry. Dishwashers can detect the level of soilage on dishes and will automatically adjust the detergent dosage and water temperature to ensure the best cleaning. Fridges can use an array of sensors to carefully manage temperature, airflow, and humidity which extends the life of fresh food far beyond what was previously possible. Air conditioners can work as air purifiers to minimise allergies and can detect human presence to optimise their usage accordingly. Robotic vacuum cleaners can clean and mop your entire house while avoiding obstacles and emptying themselves when done. Brands are constantly striving for improvements in energy efficiency, resulting in the latest models almost always being more efficient, and therefore cheaper, to run than preceding models.Many innovations are designed to enhance people’s quality of life, which is particularly pertinent given our ageing demographic. Services such as Google Home allows consumers to control lights and appliances remotely from a mobile device. Google Assistant, Siri and Alexa allow users to use voice commands to make phone calls, access news and media, and search everyday information without ever needing to touch a button. These services actively learn from usage and are able to customise their responses over time to suit the user. Most importantly, all these innovations are designed to be simple and straightforward to use, so people of all walks of life can benefit from them.In the future we expect to see further technological evolution in the electrical retail industry. Expect to see fridges which can catalogue the contents so that you can be alerted of products due to expire, and your next weeks shopping list is collated automatically. Expect cooking appliances which will optimise cooking conditions and learn your preferences to ensure your food is cooked perfectly every time. Expect the appliances of the future to be feature-rich, efficient, and able to make life easier than ever before. Bronte EllendonStore Manager – Betta Home Living McLaren Vale15+ Years in retailLover of travel and live musicAvid gym enthusiast

Fleurieu Property Market - Still Going Strong
Fleurieu Property Market - Still Going Strong

15 March 2023, 7:30 PM

The Property market on the Fleurieu experienced a major growth period during the Covid pandemic. This was due to the location being perfect for those wanting “out” of all the major cities around Australia.South Australians have a strong tendency to want to come home close to retirement, Covid increased this desire with the ability to work from home being a major factor. Holiday homes have become permanent homes, and part time occupancy is also common. The number of professional couples that have relocated to the area is huge. A number have their main residence here but a smaller unit or property in Adelaide or another major city. This is a definite change in demographic. Those looking to return to our coastal lifestyle, space and being close to Adelaide lifted the demand enormously.Stock levels were high pre Covid, but demand reduced the stock levels dramatically. Also the number of people leaving the region was at its lowest. Standard economics of supply and demand created a major increase in property values across the whole of the market. (Between 25 and 60%)This demand has not decreased with the government’s fiscal policy and the Reserve Banks interest rate rises.We are still seeing good numbers at properties and the average time on market has gone from over 90 days pre Covid to around 30 days at the markets peak.Prices have stabilised in recent months but demand is still high, so all properties are still competitive.All vendors looking to go to the market should always listen to their agent. The market will always determine value you just have to listen to it. Off market sales are generally detrimental to the vendors best price but that’s another conversation.All of these changes have also changed the local business market place with large companies now looking to invest in the area from a business and infrastructure point of view. Job numbers have increased, local business is seeing a boom that should no longer be seasonally impacted due to the large increase in permanent residency. Yes, it is a great time to sell, but it is also a competitive time to buy, contact myself or any of the Elders sale staff on the Fleurieu to discuss the current state of the market. We have specialists across the Fleurieu in Victor Harbor, Willunga, Strathalbyn and Normanville. Call Elders Fleurieu, Hills & Vales for all your property enquiries.Roger SmithOver 17 Years as an AgentExtensive knowledge of the Fleurieu PennisulaAvid GolferHusband to Deb, Father to Amy 10 & Charlie 9Monster Car Enthusiastic 

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