June
It’s generally accepted that auctions have slowed since the beginning of the Coronavirus pandemic across the capital cities, especially in those which have had harsher lockdown restrictions such as Sydney or Melbourne. And, although the Brisbane has seen an overall decline in scheduled auctions over the last few years, the number of auctions and auction […]
April
BRISBANE RENTS rise defying the national housing downturn, with Brisbane showing one of the biggest rises as it continues to buck the trend. The latest quarterly rent report from property researcher CoreLogic reveals rents increased 1 per cent around the country in the first three months of the year. Rents in the Queensland capital rose […]
April
Although the CoreLogic national hedonic index series trended lower in March, the actual rate of decline has been easing over the past three months. In fact, Mr Lawless confirmed that the 0.6% drop in March was actually the smallest of the month-on-month declines since values fell by 0.5% in October last year. Commenting on the […]
February
According to the CoreLogic Home Value Index, dwelling values have recorded some substantial falls over the 12 months to January 2019. Four of the eight capital cities have recorded dwelling value falls while four of the seven rest of state markets have also experienced declines. Nationally, dwelling values have fallen by -5.6% over the 12 […]
January
The number of Chinese buyers of Australian homes is likely to remain steady this year in what’s being seen as a major boost for the weakening domestic property market. Continued wealth growth in China – with dollar-worth per adult having risen four-fold over the past six years – an eye for an Australian bargain, a weak […]
January
IT will be remembered property 2019 the year Brisbane outshone the nation’s two biggest housing markets and defied a property downturn gripping other states. Home values in 2018 in the Queensland capital rose a steady 0.3 per cent at a time when they fell 5.8 per cent in Melbourne and 8.1 per cent in […]
July
QUEENSLAND is set to defy a “mini-credit crunch” that will put more pressure on house prices in Sydney and Melbourne, according to a prominent economic forecaster. The latest business outlook from Deloitte Access Economics paints a bright future for the sunshine state, with eye-watering house prices south of the border sending more economic refugees north. […]
May
RESERVE Bank Governor Philip Lowe has sparked a frenzy of fresh predictions that rates will hold at 1.5 per cent until 2020 — a boon for homebuyers but hell for retirees. RESERVE Bank Governor Philip Lowe has sparked a frenzy of fresh predictions that rates will hold at 1.5 per cent until 2020 — a […]
April
CONFIDENCE has hit record levels in the property sector, with Queensland at its highest level since the mining boom, the latest industry survey has found. The ANZ/Property Council Survey said there was growing confidence in Queensland amid positive expectations of economic growth in the state led by infrastructure projects such as the Cross River Rail. […]
April
THERE has been a surge in properties hitting the market in Brisbane, as homeowners head for the exit in a bit to take profits. The number of homes for sale in Brisbane rose 6.9 per cent to 31,619 in March, according to the latest figures from SQM Research. That’s more than the national average, with […]
February
BRISBANE is well placed to take over as the nation’s best performing capital city housing market in the next five years, a leading property analyst has predicted. But while the city looks set to benefit from better housing market conditions, don’t expect house prices to reach the giddy heights they have in Sydney and Melbourne. […]
July
CONFIDENCE in Australia’s property market lifted in only one state this quarter – Queensland. New analysis released through the ANZ/Property Council industry sentiment survey found that confidence levels had lifted in Queensland for the third consecutive quarter. While it was the only state to experience a lift in the most recent quarter it was still behind other […]
September
House prices in Brisbane have lifted to a record high, according to a new REIQ report. The data showed house prices in the Brisbane LGA rose 1.3 per cent over the June quarter to $635,000. Domain Group chief economist Andrew Wilson said Brisbane property owners can look forward to about 4 per cent prices growth […]
August
Average income earners largely are the people who do get to take advantage of negative gearing – nurses, policemen and women on an average wage, investing, for instance, in a property. Most of them hold only one property, which adds to the housing stock that’s available for people as well. – Assistant Treasurer and Small […]
July
From what we are seeing in the area in recent weeks, there is good buyer enquiry around the inner Brisbane suburbs within 10km of the City at the moment. There is a hike in competitiveness for established houses and the land they sit on as properties are becoming scarce. According to realestate.com.au, of 326 suburbs […]
June
Much speculation has been expressed over the last couple of weeks regarding the current overarching dynamic of the Brisbane property market. Namely the weakening of the rental market and the steadying of property values in this property cycle for Brisbane. The rental market in Brisbane has been quite a problem for a number of investors […]
March
Last week, Core Logic (formally RP Data) came out with its quarterly ‘Pain & Gain’ report analysing the gross profit and loss of all housing properties nationally and by breakdown in major cities in comparison to regional areas in each state. Over the December 2015 quarter, the significant majority of residences comprising 91.6% of housing […]
February
The amount of conversations being had in our offices this week about negative gearing; between sales agents, vendors, buyers, developers, investors, passers-by, practically every one, about the speculative activity in the Australian press and Political arena has been noteworthy. This week we go over what is being discussed with regard to the future of negative […]
February
Last week Brisbane was being touted as less than excellent economically based on the Wednesday release of the Commonwealth Bank Commsec survey. Other media is far more positive with Brisbane being tipped by the National Australia Bank as the top contender for most likely to be the winning state in terms of property price […]
January
The January 2016 Commsec State of the States report released Wednesday 27th January shows Queensland as the Nation’s 6th ranked economy amongst our states and territories. The Strength for QLD is defined by Commsec as being Dwelling Starts; privately owned new homes where building has commenced in the given report period with a 26.7% rise […]
