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for-sale-properties

Property Downturn May Be Over

Posted on by Laze Spasevski
Property downturn may be over as Australian property prices rose 0.6% in March. According to CoreLogic, property prices rose for the first time in 11 months since April 2022. But while prices increased at a national level, and in Sydney, Melbourne, Perth and Brisbane as well, they did decline in the four smaller capitals. Among the major capitals, Sydney saw the highest increase in prope...
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Good News For First-time Home Buyers

Posted on by Laze Spasevski
There is good news for first-time home buyers as research from Domain shows that over the past year, it’s become significantly easier to save a 20% house deposit. In order to become homeowners, first-time home buyers must overcome 2 significant financial obstacles. They need to save for a lump sum deposit and they need to keep up with the monthly mortgage repayments. February 2022 data show...
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Housing slowdown – Nearing Its End

Posted on by Laze Spasevski
The housing slowdown may be nearing its end, according to new statistics from CoreLogic. While Australia’s median property price fell 0.1% during February, values then rose in some markets in the four weeks to March 15: Sydney – up 0.8% Melbourne – up 0.2% Perth – up 0.1% Brisbane – unchanged Adelaide – down 0.4% That said, it’s too early to call the bottom of the ma...
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Property Market Will Rise Again in 2023

Posted on by Laze Spasevski
Property Market Will Rise Again in 2023
In the year to November 2022, the property market has declined but based on SQM Research forecast, it will rise again in 2023. The property market has changed significantly over the past 12 months. In the year to November 2021, the national median property price jumped 22.2%, according to CoreLogic. But in the year to November 2022, prices fell 3.2%. Some capital cities actually recor...
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Rents Rising

Posted on by Laze Spasevski
Rents Rising
New analysis has revealed two big reasons why rents, which are already rising steeply, are set to continue increasing. First, the number of properties listed for rent is much lower than pre-pandemic, in both capital cities and regional areas, according to PropTrack economist Angus Moore. So supply has fallen. Second, Australian Bureau of Statistics data show a significant increase in mig...
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Buyers Enjoying More Choice

Posted on by Laze Spasevski
more choice
Buyers are increasingly enjoying more choice, with a growing number of properties listed for sale in many parts of Australia. The number of for-sale properties across the country in July was 0.6% higher than the month before, according to PropTrack.   Even better, listings in July were 4.9% higher than the year before, which is the largest year-on-year increase since 2010. &nbs...
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