Property Weekly Pulse with Rasti:Week Ending 23 Feb ’24 G’day, property enthusiasts! As we sail through the dynamic tides of the Australian property market, the week ending 23 February ’24 has brought us some fascinating insights. With land prices reaching new peaks and the rental market squeezing tighter, it’s an exhilarating time to be involved in real estate down under. Whether you’re a first-home buyer, an investor … Continue reading Navigating the Waves of Australia’s Property Market in 2024

Continue reading 2024 BMM Property Market Forecasts

Suburbs with the largest and smallest house premium revealed Underlying land value, scarcity factor, and desire for more space through the pandemic have led to a substantially larger rise in house values relative to unit values over the past four years. At the onset of the pandemic in March 2020, the housing premium, or the difference between median capital city house and unit values, was … Continue reading Gap widens between house and unit values

The Latest Scoop on the Property Markets in Australia for the Week Ending 16 February ’24 G’day, property enthusiasts! Rasti Vaibhav here, bringing you the latest and most pivotal updates from the Australian property market as we close the week of 16 February ’24. In a landscape where the dream of homeownership often feels like a distant mirage, we’ve unearthed some crucial insights that could … Continue reading Navigating the Australian Property Market: Insights and Solutions

By Eliza Owen, Head of Research Australia, CoreLogic Certain economic indicators are usually telling of where the housing market is going. But through the pandemic and beyond, some data relationships fell apart, with the housing market recovery in 2023 defying high-interest rates and low consumer sentiment. This Valentine’s Day we ask: what happened to these historic relationships in data, and will they be salvaged? Interest … Continue reading Relationship breakdown: how the housing market defied economic indicators

By Caitlin Fono, Research Analyst at CoreLogic Australia There were 1,551 homes taken to auction across the combined capitals last week, down from 1,712 over the previous week, although up from this time last year (1,482). In terms of clearance rates, capital city auction markets continued to show a solid bounce back from the weak results in late 2023, with the preliminary clearance rate rising … Continue reading Preliminary auction clearance rate continues to improve across the combined capitals

Property Weekly Pulse with Rasti:Week Ending 9th Feb ’24 G’day, folks! Welcome to a whirlwind start to the 2024 Aussie property market, where every turn brings a new surprise, and every figure tells a tale of opportunity. As we peel back the layers of this year’s market dynamics, from sizzling auction clearances to strategic bank rate cuts and a borrowing boom, we’re setting the stage … Continue reading The 2024 Aussie Property Market: Unveiling the Unexpected

February 2024 The home renovation craze continues with budding renovators looking to cash in on hungry homebuyers and tenants, in a market driven by high demand. Naturally, smart upgrades can help attract a larger pool of people and yield higher profits, however, it’s important to remain objective and stick to a clear plan to reap big benefits. Tom Robinson, Director for UrbanOz.com, a South Australian-based, … Continue reading Tips to Make Your Home Renovation Budget Go Further

Australia’s auction market is off to a strong start, with easing inflation and the prospect of an earlier-than-expected rate cut buoying vendor hopes and buyer appetites for an unconditional sale. CoreLogic tracked 1,671 auctions last week, the second busiest start to the auction season on record. The preliminary clearance rate came in at 73.9%, which was the highest since the week ending August 20 last … Continue reading Auction market off to a strong start after 2023’s ‘year of two halves

Property Weekly Pulse with Rasti:Week Ending 2nd February ’24 Welcome to our latest deep dive into the Australian property market, where the tide of 2024 is already bringing in some fascinating waves. This week, ending on the 2nd of February has been a cracker, filled with surprising shifts and crucial insights. From investors braving the economic ripples to unexpected suburban stars rising, we’ve got the … Continue reading A Comprehensive Look at 2024 Trends