Property Market
Property Market Growth Has Peaked | Where Can You Buy?
According to CoreLogic, while property prices are still rising, the pace of growth slowed in April 2021. Tim Lawless, Head of Research at CoreLogic comments, “The slowdown in housing value appreciation is unsurprising, given the rapid rate of growth seen over the past six...
Read morefolderCategory: Property Market
bookmarkTags: Australian property market, property market update
The Goldilocks Zone – Where Millennials Are Buying Properties
Millennials are usually kept out of the property market when prices rise because it means they would need a bigger deposit. Since the pandemic has made remote working more common, many Millennials have found they no longer need to reside near Central Business Districts (CBDs)...
Read morefolderCategory: Property Market
bookmarkTags: First home Buyer, property affordability
House Values Experience Fastest Growth In 32 Years
CoreLogic’s home value index recorded a 2.8% rise in March 2021 which is the fastest rate of growth experienced by the housing market since October 1988. Sydney and Melbourne’s recovery has finally outperformed many of the smaller cities that were leading the charge in...
Read morefolderCategory: Property Market
bookmarkTags: Australian property, Australian property market, Property Market
House Prices See Fastest Rise In 17 Years
Australia’s housing market values are rising at the fastest rate in 17 years! The home value index for February 2021 was 2.1%, which is the largest month-on-month change in the index since 2003. According to Tim Lawless, Head of Research at CoreLogic, “The last time we saw...
Read morefolderCategory: Property Market
bookmarkTags: Australian property market, Property Market, property market update
Brisbane Is Booming
Australia’s sunshine capital is experiencing a boom right now, with prices growing in all regions in Brisbane in February 2021. According to CoreLogic figures, property prices in all the regions of Brisbane grew in February 2021. The February increase is the steepest rise since...
Read morefolderCategory: Property Market
bookmarkTags: Brisbane, Property Market
Australian Property Market Update: January 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...
Read morefolderCategory: Property Market
bookmarkTags: Australian property market, Property Market
What Will Happen To Australia’s Property Market In 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...
Read morefolderCategory: Property Market
bookmarkTags: Australian property, Australian property market
Australian Property Market Update: November 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...
Read morefolderCategory: Property Market
bookmarkTags: Australian property, Australian property market, Property Market
Should You Buy A House During A Recession?
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...
Read morefolderCategory: Property Market
bookmarkTags: home buyers
Melbourne’s Property Market: Recovery Underway
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...
Read morefolderCategory: Property Market
bookmarkTags: property market update
