As lending rates for housing reach a series low, and the millennial cohort hit the typical first home buyer age group of 25-34, more Australians will be keen to make the transition from renting to owning their own home.
Auction activity across the combined capital cities is set to rise, with CoreLogic currently tracking 2,836 scheduled auctions this week. This week’s volumes are expected to be up by 12.7% on last week’s final figures (2,517). One year ago, there were a lower 2,201 auctions held over the same week.
Auction markets are continuing to show strength as both the number of auctions and auction clearance rates trend higher.
The narrative of over-supply and under-performance in Brisbane units has dominated conversations around south-east Queensland property for almost 5 years. At January 2020, Brisbane unit values remain 11.5% below their 2010 peak to be at similar levels to 2007. But the latest data on property values,...
The combined capital cities are expected to see quite a significant rise in the number of homes taken to auction this week, with CoreLogic currently tracking 2,364 scheduled auctions, up from the 1,596 auctions held last week according to final figures.
Auction markets have shown a strong result on higher volumes, with preliminary clearance rates around the 80% mark across the largest auction markets as the number of properties taken to auction tracks well above levels from a year ago.
The Australian Bureau of Statistics (ABS) has released its December 2019 housing finance data. The results reveal a strong uplift in borrowing for property purchases over the month.
The capital city auction market is expected to see a rise in activity this week, with a total of 1,448 homes scheduled to go under the hammer.
With record-high values expected across Australian dwellings in a few months’ time, 2020 will see the fastest market recovery on record with respect to the length of the downswing. And it’s being led by owner-occupiers.
Capital city auction activity ramped up after the seasonal slowdown, with 1,122 homes taken to auction this week, with volumes almost doubling on last week’s 625 auctions held.
While the median property value provides a useful reference point for the ‘typical’ home value in an area, buyers on a tight budget might find it more practical to narrow down their property search by examining lower quartile values.
The 2020 auction market is now in swing, with over 1,000 capital city homes scheduled to go under the hammer this week. CoreLogic are currently tracking an additional 448 auctions compared to final figures last week (625).
The latest research from Auckland Cityscope shows that property sales value have decreased over the past three months.
The latest research from Chapel Street Cityscope shows that commercial property sales value have increased in the past three months.
Sales recorded for Melbourne Units Cityscope for the three months to February 2020 totalled $419.5 million, an increase from the $389.9 million recorded for the quarter to November 2019 and an increase from the $395.9 million in the quarter to August 2019.
The latest research from Burke Road Cityscope shows sales value has increased in the quarter to February 2020.
The latest research from Richmond Cityscope shows property sales have increased in the past three months.
59 Goulburn Street, Sydney has sold through JLL and Colliers International to Chinese developer, Poly, after it conducted due diligence late last year.
Being advertised with a ‘bulletproof income’ via International Expressions of Interest is the State Law Building at 50 Ann Street, Brisbane.
As the Victorian Richmond/Cremorne area emerges as a premier office location and a hub for the tech industry, Building 10 at 658 Church Street was sold at the end of 2019 for $92.525 million.
The latest research from Eastern Melbourne Cityscope shows property sales have decreased in the past three months in total sales value.
The latest research from Docklands Cityscope shows that commercial property sales value have decreased significantly with 8 sales at a total value of $2.9 million, compared to the 9 sales at a total value of $12.2 million for the previous quarter. This brings the 12-month total to $328.4 million from 43...
The latest research from Adelaide Cityscope shows that commercial property sales in Adelaide have increased for the quarter ending January 2020. The latest quarter shows total sales figures of $366.1 million from 26 sales, compared to the $242.4 million from 10 sales in the quarter to October 2019.
Alternative valuation services have become a game changer for the valuation industry in recent years, allowing valuers to complete remote and alternative valuations with the aid of big data and an enhanced experience for the end-user.
Australia’s leading property data and analytics provider CoreLogic has launched the latest iteration of its valuation software, ValConnect, adding rural desktops to its integrated service offering.
Consumer Affairs Victoria recently undertook a review of the Statement of Information and supporting documentation in consultation with CoreLogic and other key industry players after a year of use. Consumer Affairs Victoria has now revised the forms and guidelines to ensure more transparency for potential...
In this release: • Full History of property & agency campaigns • Include a floor plan in your CMAs • Showcase your past success with customer Testimonials
In an increasingly challenging market, we know how important it is for you to work efficiently & engage your customers by showcasing your local market expertise. To help you achieve this, we are excited to announce a number of new features now available in RP Data!
Australian property market lenders are operating within a new context of tighter regulatory controls and swiftly changing market conditions. The need for a deep and clear understanding of portfolio data has never been higher.
As the results of the 2018 CoreLogic ‘Perceptions of Real Estate Agents’ survey showed, in the real estate game, there’s no substitute for people and sales skills, and you simply won’t do your listings justice without excelling in communication. But a little bit of smart tech can go a long way, for every...
With our continued focus on helping our customers win more listings and sell homes faster we have made great progress working directly with you to ensure we are focusing on where we can drive purposeful change in your roles. Thank you again to all of those customers who offered their time to help us and...
The news has been awash with stories of falling house prices, less sales, lower clearance rates and more stringent lending policies in recent months. But despite these ongoing market and regulatory challenges, the Australian broking industry is in a remarkably healthy state.
Over the past few weeks we’ve been busy launching improvements to our products to make it easier for you to find, win and nurture new customers. We have focused on developing ways you can work more effectively while on the road by building productivity refinements into the mobile application and particularly...
Technology is ‘learning’ to look at images of property and assess the value. Chief analytics architect at CoreLogic, Scott Matthews, explains what this means for the future of buying property and the humans in the process.
One of the big questions being asked in Australia's property sector at the moment is whether machines are starting to take over the task of valuing homes.
For over three months, Australia has been ravaged by catastrophic fires that have now escalated to unprecedented levels. CoreLogic is coming together and partnering with our customers to provide support to those impacted and play our part in helping to rebuild homes and the communities of which they are a...
Housing affordability peaked in June and property prices could reach record highs in the first half of 2020 if they continue at current rates, according to new ANZ and CoreLogic research.
The story of Cordell, the nation’s leading authority on project activity and building cost information, is the story of its iconic founder Joan Cordell, one of Australia’s pioneering businesswomen.
Last month we were really lucky to host several of our major customers and valuation firm partners at at CoreLogic's biggest mortgage and financial event of the year - EPIQ™ 2019.
Data and analytics market leader CoreLogic, is pleased to announce the appointment of Ryan Dinsdale as Executive Sales, Marketing and Customer Operations for Australia & New Zealand, effective immediately. Ryan will join the CoreLogic International Executive Team, reporting directly to CEO International Lisa...
How are consumers differentiating between the offers and providers and what are the things that are making them click through to become a qualified lead?
Data is a strategic asset that has made an indelible impact on the way we do business, so much so that cost-per-click, average revenue per user, and terabytes of data have all become routine turns of phrase in even the smallest organisations.
The concept of robots in the workplace was once more akin to science fiction than reality, but these days automated processes are increasingly becoming ‘business as usual’ for organisations seeking greater operational efficiencies.
Australia’s average housing affordability is the best it has been since 2016 with property in some cities and regions the most attainable it has been in decades, according to new ANZ-CoreLogic research.
According to a white paper report by Fidelity International, more than half of women say that investing is too complicated, and a quarter believe that the information around investing is intimidating and tailored towards men. This is resulting in a lot of women not investing outside of traditional assets like...
The Federal Government’s recent decision to modify Royal Commissioner Hayne’s recommendation to move to a ‘user pay’ model and revoke trail commissions has provided welcome relief for the broker industry.
A joint study by Aussie Home Loans and CoreLogic has revealed the most affordable suburbs across Australia, with the lowest median house values starting at a mouth-watering $37,497 in Western Australia’s Mount Magnet