February
Property prices should grow strongly in most Australian capital cities in 2020 and 2021. Following rapid property price rises at the end of 2019, prices have continued to rise this year. We’re forecasting Sydney and Melbourne prices to rise rapidly in 2020, but price growth should moderate in 2021. Brisbane should see strong house price […]
April
Brisbane is like a car where the engine is revving but it can’t move forward because the handbrake is on. The city’s property market is poised for an up-cycle but, according to the generalised price data published in mainstream media, it’s not yet happening. The key point for investors, however, is that there are many […]
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
There were 2,303 homes taken to auction across the combined capital cities over the week, returning a preliminary auction clearance rate of 54.1 per cent, while last week, auction volumes were lower with 1,450 auctions held and a 51.2 per cent clearance rate. Over the same week last year, 3,313 auctions were held and a […]
February
THERE has been a dramatic fall in foreign investment in Australia’s housing market, but demand for Queensland property remains steady. The latest Foreign Investment Review Board report reveals the value of approvals for foreign investment in residential real estate nationally fell $17.5 billion over the 2017/18 financial year to $12.5 billion. Queensland received 17 per […]
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 […]
December
Where will our property markets be in 3 years That’s a question people are asking now that our real estate markets have moved to the next stage of the property cycle — one of slower growth in some areas and falling values in other locations. Well there’s good news for those interested in the […]
October
It’s time for our monthly whip across Australia’s property markets. Yes, prices have fallen a little further. As you can see from the figures below, combined city capital dwelling values slipped a mere 2.7% over the last 12 months. This is hardly a ‘crash’, and the rate of decline is slower than in the previous property market downturn that occurred […]
October
Perhaps it’s the 24/7 news cycle, perhaps it’s because bad news sells or maybe we‘re just obsessed with talking about property, but there has been a lot of fearmongering about the softening of Sydney house prices in recent weeks. That’s because in many capital cities, house prices have fallen since this time last year. […]
September
BRISBANE’S beaten down apartment market is on the verge of a major recovery, with a leading analyst predicting unit values to jump more than 6 per cent next year. Moody’s Analytics and CoreLogic’s latest quarterly home value report predicts the city’s apartment values to rebound in 2019, after years of pain caused by overbuilding. House […]
September
SARAH and her husband Tom don’t want to leave Sydney but they are being forced out, and they’re not the only ones. SARAH* had planned to make a life for her family in Sydney but like many others, the 30-year-old mum has been pushed out thanks to exorbitant housing prices. This month Sarah, her husband […]
August
Who’s right about the property markets — the optimists or the pessimists? The media seems so preoccupied with what’s going wrong in Australia, they’re missing all the things that are going right. The newspapers and online media outlets continually deliver house price collapse headlines, probably because it gets clicks, but our property markets are not collapsing and our […]
August
New research from property data firm CoreLogic has indicated that Brisbane is leading the nation on most property performance indicators, but some experts are curbing talk of a imminent property boom in the Sunshine State. According to the CoreLogic Daily Home Value Index, Brisbane recorded a 1.2 per cent increase in the median house price […]
August
BRISBANE is leading the country in all four property performance indicators for the first time in more than a decade – defying the downturn seen elsewhere. BRISBANE is leading the nation in all four property performance indicators for the first time in more than a decade — defying the downturn gripping the other mainland capital […]
August
GENERATION Y will drive a “decade-long boom” in demand for houses in and around Brisbane as they ditch renting in favour of the Great Australian Dream, a leading economic forecaster predicts. Changes to the age profile of the population over the next 10 years are likely to produce a shift in the type of demand […]
July
A WORKING class suburb in Brisbane has beaten the bluechips to pull off the highest growth the state has seen in the past decade. Underwood in Brisbane’s south has seen a massive 65.6 per cent rise in median house prices between May 2008 and May this year, according to latest figures by property data experts […]
July
First home buyers are being told that there’s no urgency to enter the housing market with house price growth set to remain stagnant in many parts of the country in the coming years. Property analysts say house prices in Brisbane are expected to soar in the next few years – but first home buyers are […]
June
House values in Sydney and some parts of Melbourne are expected to decline while values in Adelaide, Brisbane, Canberra, and Hobart are expected to see further growth. Values in Perth remain mixed, although some recovery is at hand in certain markets. House prices are expected to significantly diverge across Australia through the remainder of the […]
