In the largest single building sale since 2014, a Sydney CBD building has been sold for $525 million.
Australia's regional areas are now under the spotlight as capital city property markets become too expensive.
With combined capital city weekly rents falling by -0.2% over the past year, we take a look at the capital city suburbs that have recorded the largest falls in weekly advertised rents over the past year.
The recent boom in unit construction has seen record-high levels of unit approvals and construction culminating in a substantial volume of new unit stock, much of which will settle over the next 24 months.
Based on the CoreLogic May monthly rental review released today, while rents increased slightly by 0.1% in April, overall, capital city rental rates edged lower, falling 0.2% over the past 12 months.
The CoreLogic April Home Value Index results out today show the trend for capital gains has dropped from the peaks of 2015 with dwelling values continuing to track higher across each of the capital cities over the first four months of this year.
How to use real-time data to win listings and create long-lasting relationships with clients. Read more.
While combined capital city home values have increased by 6.4% over the past 12 months, analysing the rate of capital gains across different valuation brackets reveals there is some differences in the rate of dwelling value appreciation.
The latest CoreLogic-TEG Rewards Consumer Housing Market Sentiment Survey shows two thirds of Australians now think the housing market is vulnerable to a sustainable downturn
CoreLogic news details real estate is set to be one of the most disrupted industries in Australia and New Zealand. Read more.
Last week the Australian Bureau of Statistics (ABS) released its annual regional population growth figures for the 2014-15 financial year. As far as capital city regions go the data showed that population growth in Melbourne is booming.
For real estate, it’s the word that asks the question: in these digital days, do a property seller and a buyer really need an agent to connect and mediate the selling of a property?