Posts Tagged ‘Property Industry’

Looking Forward, Looking Back…

Now into our second week of 2022, our team here have truly settled in and back to work, heads down and fully focused on the year ahead.  We trust you are keeping as healthy as possible in the face of this Omicron tsunami that’s ripping through our communities and causing massive disruptions to daily life and placing a huge strain on our medical services.

Despite the pandemic and the talk of … Read the full post »

More Stock Hits Market

With Christmas literally just nine sleeps away, the property market has managed to continue to attract a significant portion of media attention, with the latest reports revealing a surge in stock levels last month that shows no sign of slowing, finally giving buyers more options, and perhaps somewhat on the way to more of a market in equilibrium.

November marked the peak of the spring selling season this year, with the … Read the full post »

Property Predictions 2022

As 2021 draws to a close – you may be wondering what is in store for the property market in 2022?  There is lots of speculation in the media, most of it quite positive, and leading property commentator Michael Yardney has identified several property trends he anticipates for 2022; below is a summary.

Values will continue to rise: The main drivers of property price growth revolve around consumer confidence, low interest … Read the full post »

Home Value Index Continues to Rise

This month CoreLogic released its latest report on the health of the Australian housing market, recording a rise of 1.5% in the national home value index in September, taking Australian housing values 17.6% higher over the first nine months of the year, and 20.3% higher over the past 12 months.  The annual growth rate is now tracking at the fastest pace since the year ending June 1989.

Every capital city reported … Read the full post »

Queensland: Australia’s Most Active Property Market

According to the research by the online property exchange network PEXA, more homes were bought and sold in Queensland over the last quarter than in either NSW or Victoria, for possibly the first time in history.

With COVID-jaded Sydneysiders and Melburnians buying up big in the Sunshine State, as well as locals splashing out for their own sea and tree changes, $42 billion worth of property was settled from July to … Read the full post »

Olympic Fever…What Will it Mean for Property Prices!

Well, despite COVID19 and all that accompanies it, re: lockdowns, border closures etc – the Tokyo Olympics (so far) has been an amazing spectacle, and Australia has achieved some of its best results ever.  Well done Team Australia, and well done to Japan for hosting this complex international event in the midst of a global pandemic.

Unless you’ve been under a rock, you’ll now know that Brisbane has secured the 2032 … Read the full post »

COVID19: Impact on Apartment Market

In recent years there has been a trend by investors ‘away’ from apartment buying, driven in part by some oversupply issues, and some poor workmanship/corner-cutting (highlighted in media reports by some builders), and other contributing factors; along with the belief that a house is generally a better long-term investment when it comes to capital growth.

As a result, in the past few years, houses have outperformed apartments in our capital cities; … Read the full post »

Is the Market Close to Peaking?

Australia’s leading real estate portal CoreLogic reports that the pace of capital gains across Australian housing markets has been close to record breaking, with the national growth rate in March the fastest since 1988.

What has driven the market to these record heights?

It has been a combination of continuing low interest rates, stimulus measures by state and federal governments, unforeseen surge in consumer confidence, and a general tightening of stock levels, … Read the full post »

First Home Buyers & Possible Lending Restrictions

According to leading industry experts, it will be first home buyers amongst the hardest hit if APRA (Australian Prudential Regulation Authority) responds to growing pressure to limit home lending, as fears are being raised about buyers extending themselves beyond reasonable limits in this environment of a booming market.

Throughout the nation, almost every market has experienced a significant spike in activity since the end of 2020, with home values rising at … Read the full post »

FOMO – Fear of Missing Out

Many parts of the housing market are experiencing low levels of stock; hence the increased prices we have been experiencing, particularly in key lifestyle areas such as the Sunshine Coast.  So, whilst your own home’s value may be rising, so too is the likely value of any property you will purchase after you sell.

Eventually, more supply will come onto the market and the frenzy will abate somewhat; but until that … Read the full post »

Women and Property Report

This week we celebrated International Women’s Day, and there were various fundraising and network events held throughout the Sunshine Coast to mark the occasion.  In this same week CoreLogic, Australia’s leading property data, information, analytics, and services provider; released an inaugural report “Women and Property: State of Play” providing evidence of the relationship between the gender pay gap and the gender wealth gap.

The report analysed a 2021 snapshot of property … Read the full post »

Reflection on the Property Market 2020

When we reflect on the year now gone, one of the biggest questions many economists and property analysts have asked, and addressed – is why didn’t the Australian property market crash in response to the global pandemic?

When the COVID19 outbreak began, the headlines were filled with doom and gloom as we headed to our first recession in over 28 years…yet somehow the property market has pulled through remarkably well, and … Read the full post »

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