Property Markets Slow as Interest Rates Rise – Weekly Market Update with Leigh Martinuzzi MPG
Property Markets Slow as Interest Rates Rise Weekly Real Estate Market Update with Leigh Martinuzzi There has been much to contend with over the month of April with long weekends, the announcement of an election, war overseas, rising inflation and, the prospect of future interest rate rises. This week the RBA announced its […]
Will Property Prices Crash??? Market Update with Leigh Martinuzzi MPG
Will Property Prices Crash??? Weekly Real Estate Market Update with Leigh Martinuzzi MPG There is a lot of talk at the moment about the impacts that an increase in Australia’s cash rate will have on property prices. Articles that are driven by fear suggesting that there will be 14 rate hikes over the […]
Population Growth and Property Prices 2022 – Market Update with Leigh Martinuzzi
Population Growth and Property Prices 2022 Weekly Real Estate Market Update with Leigh Martinuzzi The ABS recently released figures relating to Australia’s population growth. It highlighted that the Australian population grew by 70,000 people by the end of September 2021. It also highlighted the interstate migration figures, which, I think can shed some light on […]
With Elections Announced What’s Ahead of Us? Market Update with Leigh Martinuzzi
With Elections Announced What’s Ahead of Us? Weekly Real Estate Market Update with Leigh Martinuzzi Dwelling prices in March grew 0.34% nationally, which is approximately half the national average over the last decade. However, regional areas, like the Sunshine Coast, continue to outperform our capital cities, with growth rates reported over March of 0.24% […]
2022 Property Market Insights by Leigh Martinuzzi MPG
2022 Property Market Insights Weekly Real Estate Market Update with Leigh Martinuzzi MPG In real estate news this week, we’ve seen a further slowing of the property markets in Sydney and Melbourne both recording a slight decline in the growth rate last week of -0.2% and -0.1% respectively. Auction clearance rates across Australia also soften […]
Floods, War & Interest Rates!! – What does it all mean? by Leigh Martinuzzi
Floods, War & Interest Rates!! – What does it all mean? Weekly Real Estate Market Update with Leigh Martinuzzi Heavy rains, a war in Ukraine, talks of early interest rate rise… what’s next? It appears Australia’s property market is more resilient than many expect. Last week, there were slight gains in both Sydney and Melbourne […]
Has Queensland’s Property Market Reached the Peak? with Leigh Martinuzzi MPG
Has Queensland’s Property Market Reached the Peak? Weekly Real Estate Market Update with Leigh Martinuzzi MPG According to CoreLogic, last week was the busiest week in February on record since back in 2008. Despite the war in Ukraine, floods, and talk of an interest rate rise the buyer frenzy continues. Although, we know what happened […]
The Great Aussie Dream Pushing Up Prices by Leigh Martinuzzi
The Great Aussie Dream Pushing Up Prices By Leigh Martinuzzi Here is an interesting statistic. Most Australian properties are owned by ‘homeowners’ accounting for 70% of ownership across Australia, the remaining 30% are owned by investors. There are many reasons why prices have risen so sharply in the last 12 to 24 months including, […]
Local Buyer FRENZY is Underway – Market Update with Leigh Martinuzzi MPG
Local Buyer FRENZY is Underway Weekly Real Estate Market Update with Leigh Martinuzzi MPG In the last two weeks, we’ve seen local buyer demand strengthen. While seller conditions have continued to remain strong over the December and January months, we did see a slight decrease in the amount of buyer activity on advertised properties. […]
House Values vs. Unit Values – by Leigh Martinuzzi MPG
House Values vs. Unit Values by Leigh Martinuzzi MPP Housing values over the past 12 months are up 24.8%, while unit values in the same period have increased 14.4%. Combined, this is the highest annual rate of growth for property values since 1989. However, the disparity between growth rates of housing vs units is the […]
