Preliminary commercial auction results in the week ending 28th of July suggest much more subdued auction activity than in the previous week.
The Goodman Group's Macquarie Park office tower has been sold to a local investor for $95.3 million.
The latest research from Adelaide Cityscope shows that commercial property sales in Adelaide have significantly decreased in total value for the quarter to July 2017.
The latest research from Docklands Cityscope shows that commercial property sales have decreased in number and in total sales value.
The housing market is gradually responding to higher mortgage rates, tighter credit policies and affordability challenges, with the quarterly trend in capital gains moderating relative to early 2017.
The RBA met industry expectations today, announcing its decision to hold the official interest rate at the record low of 1.5 per cent for August.
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...
The Westpac and Melbourne Institute’s consumer sentiment index for June 2017 was released earlier this week. The Index was recorded at 96.2 points which was the lowest monthly reading for the index since April 2016. When the Consumer Sentiment Index sits below 100 points it means that consumers are more...
When we think about the housing market we tend to focus on when values rise but in the recent past values have fallen in each capital city; this week we look at the magnitude and duration of these falls in the past.
The latest housing data from the Australian Bureau of Statistics (ABS) shows that while lending to owner occupiers is fairly flat, demand from the investor segment has continued to stall. When you dig deeper, the data shows that owner occupier demand is growing for new lending as refinancing stalls.
The latest internal migration data shows that an increasing number of inter-state and intra-state population movements are to either sea change/tree change regions or the outskirts of the capital cities. Each year the Australian Bureau of Statistics (ABS) publishes data on internal migration across the...
Abolishing stamp duty for first home buyers is likely to create some headaches for eligible buyers who have recently entered into contracts. Additionally we can expect first home buyer activity to stall before surging higher on July 1 2017. The long term outcome may be self-defeating due to higher demand...
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...