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Australian Property Market 2022: Record Annual Growth
- February 14, 2022
- Posted by: museswow
- Category: News
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Australian property values rose 22.4% in the year to January 2022, the fastest annual pace since 1989. Brisbane, Adelaide and regional markets led gains while Sydney and Melbourne saw softer monthly growth. Here’s what the data means for buyers and investors.
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Property Market January 2022: Biggest Boom Since 1989
- February 7, 2022
- Posted by: museswow
- Category: News
CoreLogic data revealed Australian dwelling values surged 22.4% in the year to January 2022, the biggest annual gain since 1989. Brisbane and Adelaide led capital city growth, while regional areas continued to outperform the capitals by a wide margin.
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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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RBA Cash Rate Hold 2021: What It Means for Home Buyers
- April 7, 2021
- Posted by: museswow
- Category: RBA Updates
The RBA held the cash rate at 0.10% in April 2021, keeping home loan rates near historic lows. While the central bank insisted no rate rise was coming before 2024, some economists were not so sure. Here is what the decision meant for home buyers and existing borrowers.
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Australian Property Prices 2021: ANZ Forecasts 17% Rise
- April 1, 2021
- Posted by: museswow
- Category: News
ANZ revised its 2021 forecast for Australian property prices to 17% growth, up from 9%. Sydney and Perth are tipped to lead at 19%, with Melbourne and Brisbane close behind. Here’s what rising prices mean for buyers and sellers.
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Property Auction Market March 2021: Volumes Ease
- March 10, 2021
- Posted by: museswow
- Category: News
Australian property auction volumes fell 35% for the week ending 7 March 2021, with Melbourne seeing the sharpest drop. Despite the seasonal dip, the market remained competitive. Here’s what buyers need to know before bidding at auction.
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Property Market January 2021: Values Rise 0.9%
- February 10, 2021
- Posted by: museswow
- Category: News
CoreLogic data showed Australian home values rose 0.9% in January 2021, with regional areas outpacing capital cities at 1.6% growth. Stock levels were at historic lows and sales volumes were surging. Here’s what drove the January result and what the risks looked like heading into the year.
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Buying Property During a Recession: Pros, Cons and Tips
- December 5, 2020
- Posted by: museswow
- Category: Property and Finance
Buying property during a recession can mean lower prices, less competition and more motivated sellers. But it requires stable income and careful preparation. Here is what Australian buyers need to consider before acting in a downturn.