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Market Update-12-Dec-23

Market Update-12-Dec-23

by Sanjeev Sah | Dec 12, 2023 | Market Updates Interest in buying residential property across state lines in Australia has risen in 2023, according to PropTrack.   Specifically, 23% of property enquiries on realestate.com.au were from interstate buyers this year, a...
Market Update-05-Dec-23

Market Update-05-Dec-23

by Sanjeev Sah | Dec 05, 2023 | Market Updates The Reserve Bank of Australia’s recent cash rate hike is expected to significantly slow down home building in Sydney and Melbourne, according to the Housing Institute of Australia (HIA).  HIA’s latest economy and...
Market Update-28-Nov-23

Market Update-28-Nov-23

by Sanjeev Sah | Nov 28, 2023 | Market Updates Residential vacancy rates have plummeted to historic lows across many Australian rental markets in October, according to SQM Research.  As the table below shows, most capital cities saw a decrease in vacancies. Similarly,...
Market Update-21-Nov-23

Market Update-21-Nov-23

by Sanjeev Sah | Nov 21, 2023 | Market Updates Victoria has risen to become Australia’s best-performing economy, according to the latest CommSec State of the States report.   This is a significant jump from its fifth-place ranking in the previous report, with...
Market Update-14-Nov-23

Market Update-14-Nov-23

by Sanjeev Sah | Nov 14, 2023 | Market Updates Australia’s property market is set to fully recover by the end of 2023, according to Domain’s latest house price report.  The report found median house prices across the combined capitals are less than $1,700...
Market Update-07-Nov-23

Market Update-07-Nov-23

by Sanjeev Sah | Nov 07, 2023 | Market Updates Building granny flats could be a solution to Australia’s housing crisis, according to new CoreLogic research.   The study found 655,000 properties in Sydney, Melbourne and Brisbane with sufficient space to construct...