The busiest suburbs for auctions this week are Randwick in NSW and Pascoe Vale in Vic, with 8 homes scheduled for auction each, while Reservoir (Vic) follows closely with 7 scheduled auctions.
The latest household wealth data from the Australian Bureau of Statistics (ABS) showed that over the past year, household net worth fell as liabilities grew much quicker than assets.
There were fewer homes taken to auction over the first week of July, with 945 capital city auctions held returning a preliminary auction clearance rate of 68.9 per cent; the 4th consecutive week above 60 per cent.
There were 1,292 capital city homes taken to auction over the final week of June, returning a preliminary auction clearance rate above 60 per cent for the third consecutive week (66.5 per cent).
The CoreLogic June 2019 home value index results out today showed national dwelling values were down 0.2% over the month, supported by subtle rises in Sydney, Melbourne and Hobart while other capital city home values continued to trend lower over the month.
There are 11 homes in Victoria’s Bentleigh East set to go under the hammer this week, making it the busiest individual suburb for auctions. Northcote and Reservoir also in Victoria follow very closely with 10 scheduled auctions each.
The latest demographic data for December 2018 shows that population growth has lifted over recent months driven by increases in both natural increase and net overseas migration.
p>There were 1,480 homes taken to auction across the combined capital cities this week returning a preliminary clearance rate of 63.7 per cent.
The latest data from the Australian Prudential Regulation Authority (APRA) on property exposures data from authorised deposit-taking institutions (ADIs) shows that the tougher lending policies of recent years continue to reduce mortgage risks.
In this week’s Property Pulse we analyse historical market trends to determine when values have sat at a peak and when they have deviated from their peak how large has that deviation been.
This week’s Property Pulse summarises the change in housing values across three broad valuation segments (upper quartile, lower quartile and broad middle of the market) based on CoreLogic’s stratified hedonic index.
Auction volumes increased week-on-week with 1,487 auctions held across the combined capital cities this week, returning a preliminary auction clearance rate of 66.4 per cent.
The latest research from Gold Coast Cityscope shows property sale numbers have remained steady in the past three months, although sales figures have dramatically increased. Sales recorded in the three months to mid March 2019 recorded 45 sales for a total of $214.8 million. Of this, $7.8 million was for...
While Dexus looks set to spend $1.3 billion on 80 Collins Street, Melbourne, less than a block away a slightly smaller property is available through Matthew Stagg and Daniel Wolman of Colliers International Melbourne.
After an interesting history with the building, the City of Sydney has finally purchased the historical Customs House at Circular Quay from the Federal Government.
The latest research from Canberra Cityscope shows property sales have increased in the past three months.
The latest research from Perth Cityscope shows although property sale numbers have remained steady, sale figures have significantly increased in the past three months due to three particularly large sales which together totalled over $600 million.
The last three months to the end of February 2019 recorded 10 sales for a total of over $55.7 million; with $45.5 million for commercial, $900,000 for commercial strata, $2.4 million for retail strata and $7 million for other.
The latest data collected for CoreLogic’s preliminary auction results show there were 57 commercial properties taken to auction, of which 35 were recorded as sold at auction, providing a clearance rate of 61.4%.
Suburbs with the largest average land sizes are generally bucking the broader capital city housing market trends with stronger value changes or milder declines over the past year than the broader capital city markets.
The latest research from Chapel Street Cityscope shows that commercial property sales value have decreased in the past three months.
The latest research from Southbank Cityscope shows property sales value have decreased in the past three months.
A new release of rp.connect was deployed to production last night – a relatively minor release but with some important enhancements to some existing features. 1. Facebook Widget Settings Previously, setting the ID in your Facebook Widgets settings did not always behave as expected and when you set your...
Hopefully we’ll all in agreement that you should have a presence on Facebook – it’s the most popular social network in Australia, and is the second most visited website in Australia (behind Google.com.au). Buyers and sellers of property are on Facebook – they’re discussing and researching property, and you...