Property Market
ANZ: Housing Affordability Will Decline
The findings from the latest ANZ CoreLogic Housing Affordability Report found a deterioration in housing affordability due to rapid increases in house prices and rental costs. The report analysed housing affordability in the March 2022 quarter based on four metrics: Dwelling...
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Sydney & Melbourne Drag Down Housing Market
CoreLogic’s data revealed the home value index for April 2022 showed national growth of 0.6%. This is the lowest reading since October 2020. Sydney and Melbourne are the two cities with the heaviest weighting in the home value index. Sydney was down 0.2% for the third...
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Regions, Smaller Capitals Surge As Sydney And Melbourne Slow
CoreLogic data revealed that the home value index was up 0.7% in March 2022. During the first quarter of this calendar year, dwelling prices in Australia rose 2.4%, adding about $17,000 to the value of a home. Within these national numbers, there was a notable split between the...
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House Prices Still Rising | February 2022 Property Market Update
House Price Update CoreLogic data revealed housing values experienced a 0.6% gain in February 2022. This was the 17th consecutive increase but was the slowest growth experienced since October 2020. Brisbane and Adelaide experienced the strongest housing market conditions. Over...
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Biggest Boom In Property Prices Since 1989
CoreLogic data revealed that housing values rose 1.1% in January 2022. Property prices jumped by 22.4% over the last 12 months, which was the biggest annual increase since the year to June 1989. A typical Australian home now costs $131,326 more than a year ago. What Happened...
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Where Are The Best Places To Invest In 2022?
To determine the top 10 places to invest in 2022, ME Bank commissioned research from Ethos Urban. The coveted list assists all Australians looking to make the most of low interest rates and their increased savings during the COVID-19 pandemic. Qualitative and quantitative data...
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Property Market Predictions 2022 | Home Loan Experts
CoreLogic data revealed that Australian housing values were 1% higher in December 2021 than a month earlier, slowing down from a 1.3% rise in November 2021. The growth momentum slowed down sharply in Sydney and Melbourne. Both cities recorded their softest reading since October...
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Where Are The Most Affordable Places In Australia?
The ANZ CoreLogic Affordability Report analysed data from the end of the March 2020 and June 2021 quarters for more than 130 areas in Australia. The report shows a decline in housing affordability, creating a bigger challenge for first-home hopefuls. The report analysed data...
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Regional Property Price Growth Doubles That Of Capital Cities
CoreLogic data shows housing values moved 1.3% higher in November 2021. This is the 14th consecutive month of positive growth. National housing values are 22.2% higher over the past 12 months. The rise adds approximately $126,700 to the median value of an Australian home. Figure:...
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Housing Values Edge 1.5% Higher, But Growth Is Easing
CoreLogic data shows housing values rose 1.5% in October 2021. However, Australia’s property market is slowly experiencing a loss from its peak monthly growth momentum of 2.8% in March 2021. Now, the growth rate is at 1.5%. Even though the monthly pace of growth is easing,...
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