Property Market

Australian Property Market Update: January 2021

personOtto Dargan access_timeFebruary 10, 2021

Australia’s housing market is experiencing a recovery, with home values rising by 0.9% in January 2021.  All the capital and regional cities record a rise in their home values, with regional capitals averaging 1.6% growth while capital cities averaged 0.7%.  Why are...

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What Will Happen To Australia’s Property Market In 2021?

personOtto Dargan access_timeJanuary 6, 2021

In 2020, overall Australian home values were 3% higher, with regional housing values rising by 6.9% – over three times higher than that of combined capitals. In December, the national home value index rose 1%, which was the third consecutive month-on-month rise in home...

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Australian Property Market Update: November 2020

personOtto Dargan access_timeDecember 3, 2020

The Australian property market is continuing its recovery, with housing values for November 2020 rising 0.8%. This is on the back of the 0.4% rise in October 2020.  Melbourne’s values experienced a 0.7% growth, surpassing the 0.4% and 0.6% growth experienced by Sydney...

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Should You Buy A House During A Recession?

personOtto Dargan access_timeNovember 27, 2020

Australia is currently in a COVID-19 induced recession. However, this recession is different because: This is a COVID-19 induced recession and not caused by economic downturns. The government implemented lockdowns to control the spread of coronavirus which led to a contraction...

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Melbourne’s Property Market: Recovery Underway

personOtto Dargan access_timeNovember 5, 2020

Metropolitan Melbourne and regional Victoria are currently in the third stage of the government’s COVID-19 recovery plan. Following a series of lockdowns designed to bring the COVID-19 outbreak under control, Victorian real estate is slowly moving back towards “business as...

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Australian Property Market Update: October 2020

personOtto Dargan access_timeNovember 4, 2020

After five months of decline, the national home value index finally moved back to a positive in October 2020.  According to CoreLogic, the index shows a rise of 0.4%.  Every capital city in Australia, except for Melbourne, recorded a rise in their values over October 2020.  Source:...

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Australian Property Market Update: September 2020

personOtto Dargan access_timeOctober 9, 2020

Falling home values in Sydney and Melbourne pushed the national housing market into its fifth consecutive month of decline. Six of the eight capital cities had a rise in their home values over the month. Only Sydney and Melbourne recorded a decline of 0.3% and 0.9% in September. There...

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Australia Property Market Update: August 2020

personOtto Dargan access_timeSeptember 4, 2020

CoreLogic reveals that Australia’s property market is experiencing a fourth consecutive month of COVID-induced price falls, with home values dipping by 0.4% in August. However, home values for the 12 months to August 31, 2020, are still 5.8% higher than in 2019. Even where...

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Australia Property Market Update: July 2020

personOtto Dargan access_timeAugust 4, 2020

It is the third consecutive month of decline for Australia’s property values.  CoreLogic’s home value index dropped 0.6% over July 2020 and the median property value is $552,912. Sydney and Melbourne are still leading the decline in home values at 0.9% and 1.2% respectively....

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COVID-19 Property Market Update: Where Are Prices Falling? 

personOtto Dargan access_timeJuly 6, 2020

The impact of COVID-19 on the housing market is milder than anticipated.  Home values are not crashing and there is a recovery in transactional activity since sales plummeted in April 2020.   Australia’s property market experienced its second consecutive monthly fall, bringing...

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