The July 2018 edition of the HIA-CoreLogic Residential Land Report provides updated information on lot prices and sales activity in 47 markets across Australia – including six of the capital cities.
The number one top performing suburb for consistent capital growth in Australia is Wallan, Victoria located approximately 45 km from Melbourne, according to new CoreLogic research.
The final week of July will see a total of 1,430 homes taken to auction; a slight increase on the 1,257 auctions held last week as at final figures, although lower than the 1,987 auctions held on the same week last year.
Auction volumes remain low week-on-week while the preliminary clearance rate improves across the combined capital cities
According to the CoreLogic Quarterly Auction Market Review, the combined capital city clearance rate for the June 2018 quarter fell 6.8 per cent to just 57.8 per cent, making it the lowest quarterly result since December 2012 (which was 50.9 per cent).
In this week’s Pulse we investigate how house and unit values have changed during the past decade markets throughout each of Australia’s SA4 regions.
This week’s blog takes a look at the comparative value of housing in other capital cities and nearby markets relative to in Sydney and Melbourne.
Auction activity is expected to remain relatively subdued this week with 1,155 homes scheduled for auction across the combined capital cities, similar to the 1,178 auctions held last week, although lower than this time last year when 1,748 homes were taken to auction.
Auction activity continues to trend lower through the winter season, with the preliminary auction clearance rate holding in the mid 50 per cent range
This week’s Pulse takes a look at the performance of dwelling values across the most populous coastal housing markets nationwide.
Earlier last week the Australian Bureau of Statistics (ABS) released their building activity data for the March 2018 quarter.
It’s expected to be a relatively quiet week for auctions across the combined capital cities, with 1,100 homes scheduled to go under the hammer this week, down from the 1,411 auctions held last week, auction volumes have trended lower over each of the last 4 weeks.
This quarterly update of Pyrmont-Ultimo Cityscope shows an increase in total sales value, with a total of 21 sales at a value of $61.4 million, compared to 39 sales at a total value of $48.4 million for the quarter ending January 2018.
With full time employment on the rise, prime office vacancies tightening and the private sector of Australia in recovery from the mining bust, there is a buzz of activity in office construction. In addition, increased participation of institutional investors against a low interest rate environment has seen a...
CoreLogic news details a flexible workspace building at 454 Collins Street, Melbourne has sold for $40.1 million to a Macau-based investor. Read more.
The April 2018 update from Wellington Cityscope shows that commercial property sales have decreased in total sales value in the last quarter. Read more.
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.
CoreLogic news details the commercial property market in Parramatta continues gaining strength with $757.5 million worth of sales reported. Read more.
Preliminary results from CoreLogic for the week ending the 13th of April suggest a preliminary clearance rate of 61.5%.
The latest research from Eastern Sydney Cityscope shows property sales value have slightly decreased in the past three months.
The latest research from St Kilda Road Cityscope shows property sales have increased in the past three months.
The number of new projects recorded by CoreLogic for the Cordell Construction monthly report over March was 1,707. This is 4.0% higher than in February, and 4.6% lower than the 5 year monthly average of projects. The construction value of new projects captured over the month was $12.8 billion, up from $12.6...
Selling for the first time in over sixty years, VACC House at 466 St Kilda Road has been sold for about $95 million.
The latest research from Melbourne Cityscope shows that commercial property sales have decreased in the past three months.