Property Investment News, Tips, Tools, Strategies, Experiences, Case Studies, Outlooks
Maybe you are not, but more than 26,000 people have signed a change.org petition for tighter rules on foreign ownership of Australian property, according to Domain.com.au. The boost to the number of signatories to the petition – there’s been a jump of 20,000 in a month – comes as the boss of a Chinese property website …
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According to property analysts RP Data, house prices contracted by 0.5 per cent over the month of April after posting a solid 2.8 per cent gain over the first three months of 2013. Across the major cities: Sydney values were down 0.4 per cent, Melbourne’s fell 0.5 per cent, Brisbane’s dropped 0.7 per cent, Perth’s fell …
A home is now like a social status symbol – the bigger the house the higher up the social ladder you are. The number of bedrooms per house in Australia jumped from 2.6 to 3.1 between 2001 and 2011, while Australia’s average household size in 2011 was the same 2.6 people as ten years ago. Housing …
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House Prices in 2012 For the year of 2012, Melbourne has continued to be a drag on the national property market, with dwelling values falling 2.9 per cent over the year. It was far and away the worst performance for any capital city. Brisbane and Adelaide were next after experiencing declines of 0.8 per cent. …
HOUSE prices in Australia’s capital cities leapt 1.4 per cent in September, suggesting that recent rate cuts by the central bank are buoying the market. The finding in the latest RP Rismark Home Values Index, released on Tuesday 02/10/2012, was the largest monthly increase since March 2010. On a quarterly basis, house prices in the …
Continue reading “The weak property market has finally turned around?”
Do you want to know what the property prices will be in next 12 months? Chief Economist at the Macro Investor Leith van Onselen shared his 12-month price forecasts for Australia’s capital city housing markets based on consideration of key price drivers: housing finance; housing supply; affordability; and the macroeconomic outlook. Sydney 12-month price forecasts Melbourne 12-month …
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Chief Economist at the Macro Investor Leith van Onselen shared his 12-month price forecasts for Australia’s capital city housing markets based on consideration of key price drivers: housing finance; housing supply; affordability; and the macroeconomic outlook. Canberra: -3% to 0% Relative to the rest of the nation, Canberra’s housing market has displayed resilience, with values …
Continue reading “12-month price forecasts for Australia’s capital city housing markets – Canberra”
Chief Economist at the Macro Investor Leith van Onselen shared his 12-month price forecasts for Australia’s capital city housing markets based on consideration of key price drivers: housing finance; housing supply; affordability; and the macroeconomic outlook. Darwin: 3% to 6% Darwin’s housing market has experienced the heaviest losses in Australia, falling by 15.2 per cent …
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Chief Economist at the Macro Investor Leith van Onselen shared his 12-month price forecasts for Australia’s capital city housing markets based on consideration of key price drivers: housing finance; housing supply; affordability; and the macroeconomic outlook. Hobart: -7% to -4% Hobart’s housing market has been one of the weakest performers in the nation, declining by …
Continue reading “12-month price forecasts for Australia’s capital city housing markets – Hobart”
Chief Economist at the Macro Investor Leith van Onselen shared his 12-month price forecasts for Australia’s capital city housing markets based on consideration of key price drivers: housing finance; housing supply; affordability; and the macroeconomic outlook. Adelaide: -5% to -2% Adelaide’s housing market has performed surprisingly well, experiencing the lowest decline in values from peak …
Continue reading “12-month price forecasts for Australia’s capital city housing markets – Adelaide”
Chief Economist at the Macro Investor Leith van Onselen shared his 12-month price forecasts for Australia’s capital city housing markets based on consideration of key price drivers: housing finance; housing supply; affordability; and the macroeconomic outlook. Perth: 2% to 5% Perth’s housing market is likely to be a star performer over the coming year. Although …
Continue reading “12-month price forecasts for Australia’s capital city housing markets – Perth”
Chief Economist at the Macro Investor Leith van Onselen shared his 12-month price forecasts for Australia’s capital city housing markets based on consideration of key price drivers: housing finance; housing supply; affordability; and the macroeconomic outlook. Brisbane: -2% to 2% Brisbane’s recent price performance has been poor, declining by 12.4 per cent (houses) and 10.8 …
Continue reading “12-month price forecasts for Australia’s capital city housing markets – Brisbane”
Chief Economist at the Macro Investor Leith van Onselen shared his 12-month price forecasts for Australia’s capital city housing markets based on consideration of key price drivers: housing finance; housing supply; affordability; and the macroeconomic outlook. Melbourne: -8% to -5% Melbourne’s recent price performance has been poor, declining by 11.0 per cent (houses) and 7.4 …
Continue reading “12-month price forecasts for Australia’s capital city housing markets – Melbourne”
Chief Economist at the Macro Investor Leith van Onselen shared his 12-month price forecasts for Australia’s capital city housing markets based on consideration of key price drivers: housing finance; housing supply; affordability; and the macroeconomic outlook. Sydney: -3% to 1% Relative to the rest of the nation, Sydney’s housing market has displayed resilience, with detached …
Continue reading “12-month price forecasts for Australia’s capital city housing markets – Sydney”
Wondering where the Australia property market stood in April 2011 & April 2012? This is where the market stood in April 2011, according to RP Data-Rismark’s index of dwelling values (houses & units): Year to April 2011 Median Price Change Sydney 1.2% Melbourne -0.4% Brisbane -6.8% Adelaide -2.1% Perth -7.1% Darwin -7.0% Canberra 0.7% Hobart …
Continue reading “Australia property price – A comparison across 2011 and 2012”