Sydney
Australian Housing Market Is Worth $8.1 Trillion, Property Buyers Priced Out
With the surge in housing values, Australia’s residential real estate is now worth more than $8 trillion, which is four times the size of the country’s GDP. According to CoreLogic, this is the first time the values surpassed $8.1 trillion. This record-high figure...
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bookmarkTags: Australian Federal Budget, Budget 2021, Property Market, Sydney
Investors Flooding Back, But Home Buyers Still Dominant In The Property Market
According to data published by the Australian Prudential Regulation Authority (APRA), the resident loans and finance leases increased by $17.5 billion, or 0.6% in March 2021. There was an increase in owner-occupier loans, where lending increased by 0.7% or $8.3 billion in March...
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Build To Rent Project In Sydney Gets Greenlight
A 39-storey residential tower located at the southern entrance of Sydney Metro Pitt Street Station is the first build-to-rent project in the Sydney Central Business District (CBD). The tower has 234 apartments with amenities like gyms, pools, and an entire floor dedicated to...
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bookmarkTags: Apartment Investment, build to rent, rentvesting, Sydney
Sydney’s Property Values Skyrocket
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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bookmarkTags: auction, HomeBuilder, Property Market, Sydney
Australian Property Market Update 2020: All Eyes On Sydney & Melbourne
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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bookmarkTags: Australian property, Melbourne, Property Market, property market update, Sydney
7 Infrastructure Projects In Sydney To Push House Prices Up
The last quarter of 2019 (Oct-Dec) saw an impressive 6.2% growth in Sydney house prices – the best performing capital city. However, compared to the 2017 peak, house prices are still down 6.4% in Sydney – this is about to change. Mortgage interest rates are at the...
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bookmarkTags: Property Market, Sydney
Property Market Update – Sydney Growth Largest Since 1988
According to CoreLogic’s national Home Value Index, Sydney dwelling values saw the largest increase in a month since 1988, growing by 2.7% in the month ending November. This is the most significant single increase over a month in Sydney prices since 1988. In addition, Melbourne...
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bookmarkTags: Australian property, Melbourne, Perth, Sydney
Sydney And Melbourne House Prices To Soar Again By 12%
Sydney and Melbourne house prices are expected to grow by more than 12% by the middle of next year, according to ANZ economists. While most property reports and predictions are forecasting modest growth, ANZ is predicting a sharp rebound following the Reserve Bank’s forecasts...
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bookmarkTags: Australian property, Brisbane, Melbourne, Sydney
