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Property Market November 2020: Recovery Gains Pace
- December 3, 2020
- Posted by: museswow
- Category: News
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Australian property values rose 0.8% in November 2020, building on October’s 0.4% gain and extending the recovery across nearly every city and region. Regional areas outpaced the capitals, auctions cleared well above the decade average, and young Australians began eyeing the market with fresh optimism. Here is what the data showed.
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Property Market October 2020: Market Turns Positive
- November 4, 2020
- Posted by: museswow
- Category: News
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Property Market September 2020: Signs the Decline Is Easing
- October 9, 2020
- Posted by: museswow
- Category: News
The property market in September 2020 recorded its smallest monthly decline since May, with six of eight capital cities showing growth. Regional markets continued to outperform as remote work drove demand beyond the major cities.
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Property Market July 2020: Signs of Recovery Emerge
- August 4, 2020
- Posted by: museswow
- Category: News
July 2020 marked the third consecutive monthly fall in Australian property values, with CoreLogic’s index down 0.6% and the national median sitting at $552,912. But agent activity, listings, and sales data were all pointing toward a tentative recovery.
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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.
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Property Ripple Effect Australia: How Price Growth Spreads
- February 1, 2020
- Posted by: museswow
- Category: Property and Finance
The property ripple effect is the wave-like spread of price growth from capital cities outward to suburbs and regional areas. It is driven by first home buyers, upgraders, investors and retirees — each group pushing prices into the next ring of the market. Understanding the pattern can help you time your purchase more strategically.
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Sydney and Melbourne Property Market Outlook 2020
- January 4, 2020
- Posted by: museswow
- Category: Property and Finance
Sydney and Melbourne drove the Australian property market forward in late 2019, with quarterly dwelling value growth of around 6% in each city. Three key factors are behind the recovery: RBA cash rate cuts, eased lending rules, and stronger economic fundamentals. If you are thinking about buying or investing, understanding what is driving this market can help you make a smarter decision.
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Property Market December 2019: Sydney’s Biggest Monthly Gain Since 1988
- December 8, 2019
- Posted by: museswow
- Category: Property and Finance
Sydney dwelling values rose 2.7% in November 2019, the largest monthly gain since 1988, as the national home value index returned to positive annual growth for the first time since April 2018. Three RBA rate cuts, APRA serviceability changes and post-election confidence drove the recovery.