The CoreLogic Quarterly Housing & Economic Review is a breakdown of the activity across each of the capital cities over the quarter to June 2017 and also dives into the economic factors that contribute to the overall performance of the market.
The 2016 Census data provides the opportunity to look at the areas across the nation which have had the highest proportion of rental properties.
Developer, Mirvac, has entered into an agreement to sell a half share in its yet to be completed commercial development in Melbourne.
Preliminary auction results for the week ending July 21st saw 27 auctions held across the country. Of these auctions, 13 sold, resulting in a preliminary clearance rate of 48.15%. The combined sales value of these properties was $9.76 million.
This quarterly update of Pyrmont-Ultimo Cityscope shows a slight decrease in total sales value, with a total of 35 sales at a value of $428.9 million, compared to 25 sales at a total value of $458.9 million for the quarter ending April 2017.
The latest research from North Sydney Cityscope shows sales have increased in total value in the quarter to July 2017. Sales recorded in the most recent quarter totalled $540.5 million from 71 sales, an increase in total value compared to the $523.7 million from 68 sales in the quarter to April 2017...
CoreLogic Quarterly Auction Market Review reveals clearance rates across the combined capital cities fell from 74.8% over the first quarter to 71.7% at the end of June quarter.
The number of properties advertised for sale is showing some substantial differences between regional and capital city markets as well as between individual capital cities.
CoreLogic data records show a surge in renewable energy projects - and a boost in the mining sector.
The latest research from Sydney Units Cityscope shows that apartment sales in Sydney’s CBD have increased both in number and total sales value in the last quarter. For the three months to July 2017, there were 222 sales at a total value of $275 million, compared to 133 sales at a total value of $164.3...
The latest research from St Kilda Road Cityscope shows property sales have decreased in the past three months. For the three months to July 2017, there were 171 sales at a total value of $130.7 million, a decrease from 367 sales at a total value of $294.
Data released by the Australian Prudential Regulation Authority (APRA) earlier this week has shown that high loan to value ratio (LVR) lending continues to fall indicating new buyers are in many instances using larger deposits.
In this week’s Property Pulse we take a look at the true cost of saving for a deposit and the impost of stamp duty for first home buyers trying to buy a home for owner occupation.
Most mining towns have seen their property prices crushed over recent years as commodity prices have fallen and investment has dried up. In this week’s Pulse we take a look at how some of these major mining regions are faring.
According to the latest housing finance data release for March 2017 there was $33.2 billion in finance commitments over the month. The monthly value of commitments increased by 0.9% to be 5.3% higher year-on-year. While the value of commitments to investors has slowed over recent months, owner occupier...
Based on the relationship between demonstrated housing demand and advertised stock levels we are seeing relatively more stock available for sale compared to demand for that stock across the capital cities at the moment.
Monthly building approvals shows that the recent contraction in approvals has continued. In fact, the number of dwellings approved for construction in March 2017 was -23.7% lower than its historic peak which occurred in August of last year.
The Australian Tax Office (ATO) released their taxation statistics for the 2014-15 financial year last week, and from a housing market perspective it provides some really valuable data on property investor behaviour. Over the 2014-15 financial year, property investors claimed $11.120 billion in net rental...
On Friday of last week the banking regulator, the Australian Prudential Regulation Authority (APRA) wrote to all authorised deposit-taking institutions (ADIs) announcing further measures to reinforce sound residential mortgage lending practices.
It seems that lenders were already scaling back their appetite for investment lending as early as January this year, with the value of housing finance commitments for investment purposes falling by almost 6% in February; the largest fall in lending for investment purposes since September 2015.
Demographic data from the Australian Bureau of Statistics (ABS) showed that Australia’s estimated resident population was 24,220,192 persons at the end of September 2016. Overt the 12 months to September 2016 the national population increased by 1.5% or by 348,695 persons.
Over recent years the level of investor participation in the national housing market has hit historic high levels and at the same time, housing finance commitments to owner occupier first time buyers has shrunk.
Housing finance data for January 2017 was released earlier today by the Australian Bureau of Statistics (ABS). The data showed the over the month there was $33.9 billion in housing finance commitments which was 1.5% higher than the previous month.