Monthly rental analysis from CoreLogic RP Data shows that rental rates across Australia’s combined capital cities fell by -0.2% in June 2015, and with the annual rate of recording record lows.
On the back of low mortgage rates and rising home values the level of household and housing debt is continuing to increase.
Although Sydney and Melbourne home values are recording strong levels of capital growth currently, the rate of growth is much slower than that recorded between the ‘boom’ period of 2001 and 2004.
Results from the monthly Hedonic Home Value Index released by CoreLogic RP Data. Recapping June data.
After some collection problems earlier in the year, the monthly overseas and arrivals data is back in order and showing some new emerging tourism trends.
Released June 2015, the Pain & Gain Report is a quarterly analysis of homes which were resold over the quarter.
Are the costs of living and doing business in Sydney likely to encourage migration away from Australia’s largest city?
The May CoreLogic RP Data monthly rental review out today confirms that over the past month, rental rates increased at their slowest pace on record.
The level of investment in the housing market has reached new heights over the past year however, it has been New South Wales where domestic investors continue to largely focus.
The 2015 Consumer Perceptions of Real Estate survey wanted to test this stereotype by going directly to people who had experience of agents and their performance.
Value growth for houses has been outpacing units and in the most expensive suburbs the differential can be significant.
The latest CoreLogic RP Data Quarterly Regional Report showed that some of Australia’s capital cities is having a ripple effect on key regional areas.