Property Market

Seller Confidence Boosts Up, More Properties On The Market

personOtto Dargan access_timeApril 12, 2021

With a booming property market, people who had decided not to sell last year are confident to sell their properties this year. As demand is currently outpacing supply, homes are selling faster. With predictions that prices could rise as much as 20% over 2021-22; vendors expect...

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House Values Experience Fastest Growth In 32 Years

personOtto Dargan access_timeApril 2, 2021

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...

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Who’s Behind The Surge In Property Prices?

personOtto Dargan access_timeMarch 30, 2021

There have been many discussions lately around whether the Australian Prudential Regulation Authority (APRA) will introduce regulations to slow Australia’s rising property prices. The watchdog has argued that as the rising prices are being driven by first home buyers, not...

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NZ Decides To Slow Down House Prices: What It Means For Australia

personOtto Dargan access_timeMarch 26, 2021

New Zealand has introduced new tax policies to slow down investors after house prices were pushed up almost 25% in just 12 months. Australia has experienced similar house price rises over the year. However, according to experts, removing tax benefits linked to property investment...

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Australian Property Prices To Go Further Up By 17%?

personOtto Dargan access_timeMarch 25, 2021

According to ANZ’s latest predictions, Australian property prices for the next few months will now be up by 17%. While ANZ earlier predicted only a 9% raise, the sharp property price upsurge in November led it to contradict this statement. Sydney and Perth have the most...

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Home Buying Intentions Rise In February: What Does It Mean?

personOtto Dargan access_timeMarch 17, 2021

Home buying intentions saw a surge in February, according to research by the Commonwealth Bank of Australia (CBA). This is a good sign for the Australian economy in 2021, but what does it mean for buyers? Driven mainly by the very low interest rates that many lenders are offering,...

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Sydney’s Property Values Skyrocket

personOtto Dargan access_timeMarch 15, 2021

According to CoreLogic, Sydney’s property values have recovered beyond their peak in 2017. According to Tim Lawless, CoreLogic’s Executive Research Director, “Since housing values found a floor in October last year, Sydney home values have risen 5.7% to reach...

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Auction Figures Declining After A Steady Rise

personOtto Dargan access_timeMarch 5, 2021

Auction volume has dipped this week following an acceleration in the previous weeks. Typically the market peaks before Easter, so it’s no surprise to see this drop-off, but given the current surge in prices, the market might behave differently in 2021. Fewer homes are scheduled...

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House Prices See Fastest Rise In 17 Years

personOtto Dargan access_timeMarch 4, 2021

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...

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Brisbane Is Booming

personOtto Dargan access_timeMarch 4, 2021

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...

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