Property Market Update

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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Is It A Buyer’s Market?

personOtto Dargan access_timeMay 11, 2020

While experts were forecasting that the property prices would fall between 5% and 30%, the data also has to account for the lower demand and the limited supply of stock in the market as well. While the pandemic did cause a huge drop in listing volumes and transaction activity,...

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Property Market Update – February 2020

personOtto Dargan access_timeMarch 16, 2020

Properties Across Australia Reach Record High According to CoreLogic’s national Home Value Index released in March 2, 2020, housing values surged by 1.1%. This month has a significant increase as the values across five of Australia’s eight capital cities reaches a record...

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Property Market Update – January 2020

personOtto Dargan access_timeFebruary 10, 2020

All capital cities experience upward trajectory Australia’s housing market is still going through a rebound, with a 0.9% increase in the home value index during the month of January. The Australian house market continued its upward rise in January 2020 across all capital cities...

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Australian Property Market Update 2020: All Eyes On Sydney & Melbourne

personOtto Dargan access_timeJanuary 7, 2020

Sydney dwelling values rose by 6.2% during the fourth quarter of 2019, followed closely by Melbourne dwelling values, which increased by 6.1% — a very good sign for the Australian property market. Housing markets in both Sydney and Melbourne gained momentum in the Australian...

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