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 […]
Queensland Prices Up 3.3% 2022 – Market Update with Leigh Martinuzzi MPG
Queensland Prices up 3.3% 2022 Weekly Real Estate Market Update with Leigh Martinuzzi MPG Spurred by growing job opportunities and off the back of the COVID pandemic migration to Queensland remains strong and is continuing to put upward pressure on property prices. And for the next decade, as Queensland lifestyle projects and of course, the […]
Buyer and Seller Demand – It’s a Balancing Act! with Leigh Martinuzzi
Buyer and Seller Demand – It’s a Balancing Act! Weekly Real Estate Market Update with Leigh Martinuzzi MPG Real estate markets across Australia kick back into gear as we enter February and kids head back to school. We’ve seen several new listings come to the market which is typical for this time. Although total […]
January Real Estate Market Wrap – with Leigh Martinuzzi MPG
End of January Real Estate Market Wrap with Leigh Martinuzzi MPG Housing values rose 1.1% over January which is up slightly up from December by 0.1%. Brisbane, Adelaide, and Canberra continue to lead the way recording growth near 2% or above (see chart below). Key constraints to a slowing rate of growth can […]
Property Price Predictions 2022 by Leigh Martinuzzi
Property Price Predictions 2022 by Leigh Martinuzzi What will help keep property prices strong in 2022 and beyond? As always, the supply vs demand ratio is a paramount consideration. If demand continues as it has done in the past year to outweigh supply, then naturally, one will expect property prices to stay buoyant and even […]
Homeowners Choose to Sell Now Before a Potential Ease – Leigh Martinuzzi MPG
Weekly Real Estate Market Update with Leigh Martinuzzi MPG Dwelling prices continue to climb across our capital cities with early indications suggesting in January so far, we’ve seen prices climb a further 0.8%. This is certainly a slower pass of growth from what we experienced last year. However, Brisbane and Adelaide continue to lead the […]
Paying a Premium for Potential by Leigh Martinuzzi
Paying a Premium for Potential by Leigh Martinuzzi People do not pay for potential. People see potential, but they won’t pay for it. The thing about potential is it remains in the eye of the beholder. We all see potential differently. As homeowners, we are more strongly biased to the various levels of potential […]