Statistics | Wright Place

Regional Growth Continues to Trend

The level of movement of capital city dwellers to regional areas is at a three-year high, while net regional migration in the latest quarter is 66 percent higher than a year ago, according to research.

The Commonwealth Bank of Australia (CBA) has released its Regional Movers Index in partnership with the Regional Australia Institute (RAI), which has shown the changes in population flows from capital cities to regional areas.

The index has revealed that … Read the full post »

Posted in Economy, Property Market, Wright Place Mount Coolum on 9th July, 2021 | No Comments »

Investor Activity Softens

CoreLogic’s latest report on Investor Activity in the Australian Property Market reveals that there hasn’t just been a softening during the COVID19 pandemic; in fact, investor activity has been falling since early 2015, across all Australian states.

The main reason attributed to this is the macro-prudential policies that were implemented in Australian mortgage lending, which did tighten lending criteria and exclude some would-be investors from commencing or growing their portfolio.

The latest … Read the full post »

Posted in Market Report on 29th October, 2020 | No Comments »