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Stabilising Property Market: What It Means for First Home Buyers
- May 10, 2023
- Posted by: museswow
- Category: Property and Finance
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After the RBA paused rate hikes in April 2023, Australia’s property market began to stabilise with rising auction clearance rates and the first monthly price gain in nearly a year. This guide explains what a stabilising market means for first home buyers and how to position yourself to act.
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Property Market August 2021: Values Up 18.4% Annually
- September 6, 2021
- Posted by: museswow
- Category: News
The Australian property market in August 2021 rose 1.5% nationally, with annual growth hitting 18.4%, nearly 11 times faster than wages. Lockdowns cut listings and sales, but a severe shortage of available stock kept prices climbing across the country.
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Property Market June 2021: 13.5% Annual Growth, Best Since 2004
- July 1, 2021
- Posted by: museswow
- Category: Property and Finance
Australian home values rose 13.5% in the 2020-21 financial year, the strongest annual result since April 2004. June saw a 1.9% monthly gain nationally, with 582,900 transactions making it the busiest sales year in nearly two decades.
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Property Market May 2021: Values Rise 2.2% Nationally
- June 2, 2021
- Posted by: museswow
- Category: Property and Finance
Australian home values rose 2.2% in May 2021, with combined capital cities up 2.3% and Darwin leading the annual growth chart at 20.3%. High auction clearance rates and low advertised stock kept competition fierce for buyers across most markets.
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Property Market February 2020: Values Surge Nationally
- March 16, 2020
- Posted by: museswow
- Category: News
CoreLogic’s February 2020 data shows national housing values rose 1.1%, with five capital cities at record highs. Sydney and Melbourne both crossed into double-digit annual growth. Here is what the numbers mean for Australian property buyers and owners.
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Property Market January 2020: All Capital Cities Rising
- February 10, 2020
- Posted by: museswow
- Category: News
The national home value index rose 0.9% in January 2020, with every capital city posting a gain for the first time in years. Sydney rose 1.1% to a median of $862,814 and Melbourne rose 1.2% to $681,925, while the upper quartile outpaced the lower quartile by a wide margin nationally and in the major cities.