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Market Updates

Market Update-19-Sep-23

Market Update-19-Sep-23

Australian home prices increased by 0.8% in August compared to July, marking the sixth consecutive monthly rise of CoreLogic’s national home value index. As a result, dwelling values are now up 4.9% ($34,000) since finding their floor in February…

by Sanjeev Sah | Sep 19, 2023 | Market Updates

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Market Update-12-Sep-23

Market Update-12-Sep-23

Australia’s rental markets were extremely tight in July, with the national vacancy rate holding steady at 1.3%, according to SQM Research…

by Sanjeev Sah | Sep 12, 2023 | Market Updates

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Market Update-05-Sep-23

Market Update-05-Sep-23

It looks like it’s going to be a busy spring for Australia’s two biggest property markets, with PropTrack reporting new listings are finally on the up in Sydney and Melbourne…

by Sanjeev Sah | Sep 05, 2023 | Market Updates

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Market Update-29-Aug-23

Market Update-29-Aug-23

Recent Australia Bureau of Statistics (ABS) lending data suggests investors are slowly making a comeback in the country’s property markets. That’s after the value of new investor loan commitments rose 2.6% to $8.7 billion in June from May…

by Sanjeev Sah | Aug 29, 2023 | Market Updates

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Market Update-22-Aug-23

Market Update-22-Aug-23

Australia’s property markets are on track “for sustained, but constrained” price rises, according to Westpac’s latest forecast – with the major bank now expecting national home prices to grow 7.0% this year and 4.0% in 2024…

by Sanjeev Sah | Aug 22, 2023 | Market Updates

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Market Update-15-Aug-23

Market Update-15-Aug-23

Buying a property off-market can help you avoid the competition, increasing your chances of securing a great deal. You don’t have to take my word for it either. Proptrack analysed sale prices for properties sold off-market in 2022…

by Sanjeev Sah | Aug 15, 2023 | Market Updates

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Market Update-08-Aug-23

Market Update-08-Aug-23

NAB is the latest major bank to eat humble pie after the property market’s ‘surprising resilience’ proved their initial doom and gloom forecasts wrong. Due to the demand/supply imbalance offsetting the drag from higher interest rates, NAB bow expects capital city property prices to end this calendar year an average of 4.7% up, not down 4% (as previously forecast)…

by Sanjeev Sah | Aug 08, 2023 | Market Updates

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Market Update-01-Aug-23

Market Update-01-Aug-23

Give me six hours to chop down a tree and I will spend the first four sharpening the axe,” Abraham Lincoln famously said. If you’re a property investor, there are a couple of big lessons you can learn from this quote…

by Sanjeev Sah | Aug 01, 2023 | Market Updates

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Market Update-25-July-23

Market Update-25-July-23

Two key takeaways from Domain’s latest house rental data, for the June quarter. First, national house rents jumped an amazing 11.5% over the year, which means a lot of investors made strong rental gains over that period. …

by Sanjeev Sah | July 25, 2023 | Market Updates

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Market Update-18-July-23

Market Update-18-July-23

Australia might have just emerged from a downturn that saw home values fall 9.1% from peak to trough, according to CoreLogic. But the situation couldn’t be more different in some property markets. That’s after PropTrack data found Australian suburbs where property prices have more than doubled over the past two years, despite the challenging conditions…

by Sanjeev Sah | July 18, 2023 | Market Updates

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