Property Price Growth Predictions for 2021
Property Price Growth Predictions for 2021 Will property prices continue to climb? Hard to imagine, isn’t it? However, here is a chart that shows the causation between the annual change in housing finance and the annual change in property prices in Australia (provided by Matusik). Back in May, Matusik suggested that if the relationship between […]
Weekly Market Update with Leigh Martinuzzi – Will the Mass Migration Continue?
Weekly Market Update – Will the Mass Migration Continue? Australia’s property market is still moving, and even with Sydney having been in lockdown now for several weeks, their market moved up 0.4% last week. Melbourne slowed a little, however, Brisbane remains strong. What is very evident is that the number of properties coming to the […]
Auction Clearance Rates – Week Ending 15th of August
Auction Clearance Rates – Week Ending 15th of August We’ve seen a confident-looking auction clearance rate again this week across the board, however, the figure is largely skewed due to fewer properties being taken to auction that are being snapped up due to strong buyer demand. The new listings to sales ratio in […]
Queensland 2032 Olympics & Property Price Rise
Queensland 2032 Olympics & Property Price Rise Queensland will become the host of the 2032 Olympic games and there is much talk about how this will help boost the local economy and prove GOLD for local property prices. Queensland property prices have experienced a near 16% annual increase in value and it will be […]
Auction Clearance Rates – Week Ending 8th of August
Auction Clearance Rates – Week Ending 8th of August Prolonged lockdowns are reducing the number of properties selling under the hammer this week in our Capital cities. Sydney saw fewer houses selling by auction, and as Melbourne enters a snap lockdown, over 100 property owners decide to pull their homes from the market. In saying […]
Prices Remain Strong as Buyer Demand Softens – Weekly Real Estate Market Update
Prices Remain Strong as Buyer Demand Softens – Weekly Real Estate Market Update Hello August! The year is just slipping away! On all accounts, the property market in Australia is still growing however there are definite signs of a tapering price growth trend. In July, Australian property prices grew by 1.6%, which has steadily reduced […]
Buyer Demand Continues to Place Upward Pressure on The Coasts Property Prices
Buyer Demand Continues to Place Upward Pressure on The Coasts Property Prices With average mortgage costs falling since the COVID pandemic began, many people are now finding it more affordable to buy than rent however, this very much depends on the location you live and the style of property you wish to purchase. According to […]
Auction Clearance Rates – Week Ending 25th of July
Auction Clearance Rates – Week Ending 25th of July Auction clearance rates remain strong this week with many properties achieving very favourable results. There was a slight increase in clearance rates this week in Brisbane with a massive spike in realestate.com.au views since NSW and Victoria continue in lockdown. Understandably there were fewer homes taken […]
Weekly Market Update – Rental Market Update in the COVID Boom!
Rental Market Update in the COVID Boom! by Leigh Martinuzzi Rental vacancy rates across the nation haven’t looked this good for a long time. On the Sunshine Coast, the vacancy rates currently sit at 0.5% which is the lowest on record since 2005. Nationally the vacancy rates dopped a further 0.1% this month, down to […]
Auction Clearance Rates – Week Ending 17th of July
Auction Clearance Rates – Week Ending 17th of July Property prices continue to rise even though many of the capital cities continue business in lockdown. This week market prices continued to rise in our capital cities, up 0.3% in Melbourne and Sydney, which is slightly less than the previous week. In Brisbane the rise this […]
