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 »
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 »
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 »
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 »
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 »