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Residential Real Estate News

Combined capital cities record 80% auction clearance rate in March quarter
CoreLogic’s Quarterly Auction Market Review released today revealed Australia’s combined capital cities clearance rate reached 80.0% over the first quarter of 2021, up from 69.4% in the December 2020 quarter and 62.5% in the March quarter of 2020.

12 Apr 2021

National home value index rises at its fastest pace in 32 years
CoreLogic’s national home value index recorded a 2.8% rise in March, the fastest rate of appreciation since October 1988 (3.2%).

1 Apr 2021

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Suburban Homes Aerial
Preliminary Figures Show 74.8 per cent of Auctions Were Successful Across the Combined Capital Cities
The combined capital city preliminary clearance rate increased to 74.8 per cent this week, up from a revised final clearance rate of 69.4 per cent last week, while auction volumes increased week-on-week.
24 Jul 2017
Suburban Homes Aerial
Melbourne CBD Rises Through the Density Rankings to Become the Most Densely Populated SA2 Region in Australia
Newly released Census data highlights the rapid densification of Melbourne’s CBD where the number of residents per square kilometre has more than doubled over the past decade.
21 Jul 2017
Corelogic Article Heading
CoreLogic National Auction Preview, week ending 23 July 2017
Auction activity across the combined capital cities is set to remain somewhat steady this week, with 1,581 properties scheduled to go to auction, decreasing slightly when compared to last week’s 1,627 auctions and higher than the 1,329 auctions held over the same week last year.
20 Jul 2017
Corelogic Article Heading
Auction volumes continue to trend lower through winter, with just over 1,600 properties taken to auction this week
The number of homes taken to auction across the capital cities has fallen for the 4th week in a row, with just 1,612 auctions held this week, down from 1,766 last week, although higher than this time last year when 1,391 properties went under the hammer.
17 Jul 2017
Corelogic Article Heading
CoreLogic National Auction Preview, week ending 16 July 2017
This week, CoreLogic is currently tracking 1,477 auctions across the combined capital cities, and it is expected that the number of properties scheduled to go under the hammer this week will be lower than the 1,766 auctions held last week, however higher than the 1,391 auctions held over the corresponding...
13 Jul 2017
Corelogic Article Heading
Preliminary figures show 70.7 per cent of auctions were successful across the combined capital cities, while auction activity falls week-on-week
The combined capital city preliminary clearance rate increased to 70.7 per cent this week, up from 67.3 per cent last week, while auction volumes fell week-on-week.
10 Jul 2017
Corelogic Article Heading
Housing affordability deteriorated further over the March 2017 quarter
With dwelling values rising at a faster pace than household incomes, housing affordability has worsened over the first quarter of 2017. CoreLogic measures housing affordability across four measures and three of these four measures have seen affordability deteriorate over the quarter.
7 Jul 2017
Corelogic Article Heading
CoreLogic National Auction Preview, week ending 9 July 2017
Auction activity across the combined capital cities will be slightly subdued this week, with 1,588 auctions currently being tracked by CoreLogic, down from last week’s final result of 2,001 auctions held.
6 Jul 2017
Corelogic Article Heading
Auction volumes fall below 2,000 across the capital cities returning a preliminary clearance rate of 70.3 per cent
The combined capital city preliminary clearance rate increased to 70.3 per cent this week, up from last week, when the final results saw the clearance rate fall to 66.5 per cent, the lowest clearance rate since June 2016.
3 Jul 2017
Corelogic Article Heading
CoreLogic National Auction Preview, week ending 2 July 2017
This week, the number of auctions scheduled to take place across the combined capital cities will fall, with 1,820 auctions currently being tracked by CoreLogic, down from 2,355 last week.
29 Jun 2017
Demographic data reveals that the rate of population growth accelerated in 2016
The latest demographic data from the Australian Bureau of Statistics (ABS) shows that the national rate of population growth accelerated in 2016. Australia’s population continues to increase rapidly with the majority of population growth occurring with the two most populous states. New South Wales and...
28 Jun 2017
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Consumer Housing Market Sentiment Survey
CoreLogic news details survey findings that more than two thirds of Australians think housing market could suffer a significant correction. Read more.
23 Jun 2017
The number of properties mortgaged is climbing however, values are increasing faster than outstanding debt
Earlier this week the Australian Bureau of Statistics (ABS) released its residential property prices indexes for the March 2017 quarter.  A valuable data set from the release relates to the value of dwelling stock and the number of residential dwellings.  Both of which have increased over the quarter.  When...
22 Jun 2017

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