Weekly Real Estate Market Update with Leigh Martinuzzi + Auction Results
Weekly Real Estate Market Update with Leigh Martinuzzi + Auction Results Property prices continue to rise despite the pandemic-stricken housing markets across the country. For the first 28 days in August Brisbane and Adelaide seem to be the star performers with property price increases recorded at 1.8%. Brisbane’s year-to-date growth now sitting just above 15% […]
Auction Clearance Rates and Spring Sales During Lockdowns
Auction Clearance Rates and Spring Sales During Lockdowns Weekly Real Estate Market Update with Leigh Martinuzzi Spring is just around the corner and this year will most likely be a delayed spring selling season if lockdown restrictions in the ACT, NSW, and Victoria don’t ease. With lower levels of consumer confidence and uncertainty in an […]
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 […]
First Homeowners Grants and Deposit Scheme Explained
First Homeowners Grants and Deposit Scheme Explained Written by Colin Mason With so many Government Incentives around these days and in particular the latest updates on the FHLDS, I wanted to highlight the important parts as I have been fielding several enquiries on this the past month. Queensland First Homeowner Grant (FHOG) $15,000 This […]