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Despite the ongoing media speculation about large 30% plus falls in house prices, there are still plenty of strong residential property markets across the country. Of the nation’s 15 market jurisdictions (8 capital cities and 7 regional markets), 11 have house prices higher than they were at the start of the year Interestingly, some of the…
As Melbourne heads back into lockdown, the headlines are still painting a very negative picture for the Australian property market as a whole. The latest data from CoreLogic is suggesting that house values have fallen modestly over the past two months and now with limited auction activity in Melbourne for the foreseeable future that could…
It was very likely that when the latest CoreLogic data was released on house prices, there were a number of doomsayers who were a little disappointed. While prices across the major capital cities did decline by -0.5 per cent, this is a long way from the 30 per cent falls that some were suggesting. Overall, while there…
The impact of COVID-19 has seen unprecedented changes made to the way we live our lives, and for many people the way we earn an income. With social distancing measures grinding industries to a halt, the financial fallout is going to be significant. Despite the fact that the Australian Government has rolled out a number…
Property prices have started the year in the same fashion they ended 2019, but the RBA is starting to take note. The latest data from CoreLogic has shown that over the January period, house prices in both Melbourne and Sydney have continued to push higher and there appear to be more increases in store for…
I have always struggled to comprehend how this legislation is going to actually reduce the pressure on housing affordability as the ultimate outcome will probably be that fewer homes will be listed for sale as owners choose not to sell their main residence to avoid incurring any capital gains tax as a result of a…
The early indicators are starting to look good for property prices as buyers are starting to show their hands ahead of the Spring selling season. Across the board, the indicators are starting to suggest that the recent weakness in property markets in many states is starting to scream opportunity for savvy buyers. The most obvious…
