Doomsayer explains his theory + Regional bonanza

Highlights from this week Pet owners be aware Regional buyers seize the day Doomsayer explains his theory Pandemic drives demand in regional markets This week Veronica Morgan catches up with a self-confessed property bear whose message has been largely misunderstood.  Martin North explains his thoughts about property investing in a fascinating 2 part interview.  Simon Pressley and Cate Bakos talk about why many regional locations … Continue reading Doomsayer explains his theory + Regional bonanza

Market steady at almost 60%

CoreLogic reporting a steady, almost 60%, final auction clearance rate in the last week.  See what is coming up in the full week ahead and a look at the final clearance rates from last week  We broadcast the most comprehensive and up to date report on auction activity around Australia – powered by CoreLogic – every Friday and Monday with a look inside some of … Continue reading Market steady at almost 60%

Vista with Best Ocean Views

This top level unit complex at the end of a very popular and quiet cul de sac of Coolarra is currently being offered FOR SALE. It is situated from its very highest vantage point to face east towards the ocean, has probably the finest possible unimpeded and elevated white water ocean views to be found along the Peregian Beach coastal strip. The current owner best … Continue reading Vista with Best Ocean Views

Auction win/win

  66.1% sell nationally Volumes rise All smaller markets improve on last year This week, as auction volumes increased across the combined capital cities, so too did the clearance rate.  There were 1,262 homes scheduled for auction this week returning a preliminary auction clearance rate of 66.1%. Both Melbourne and Sydney’s preliminary clearance rate came in above the mid 60% mark this week. There were … Continue reading Auction win/win

Devil in the Detail + Fundamentals tell the Real Story

The Home Builder scheme announced in early June is intended to boost activity in the construction sector. Dwelling construction is expected to see a lagged decline in activity off the back of COVID-19, as the recently recovering trend in dwelling approvals began to slip in April, led by a decline in unit approvals.  However, the $25,000 incentive for building a new home, or renovating an … Continue reading Devil in the Detail + Fundamentals tell the Real Story

Cap cities gather pace

Auction numbers up on last week Sellers show confidence Buyers expected to emerge Upcoming auctions This week, 1,226 capital city auctions are currently being tracked by CoreLogic, increasing from the 1,181 auctions held last week at final results. One year ago, a higher 1,484 auctions took place across the capital cities. Melbourne is expected to see a rise in activity this week, with 542 homes … Continue reading Cap cities gather pace

Best Results in 2 months

  Both volume and clearance rise Canberra stands out Brisbane records over 50% The week saw the combined capital city preliminary auction clearance rate improve with 63.3% of homes selling at auction over the week. The higher clearance rate was against a higher volume of auctions, with 1,164 properties scheduled for auction; the busiest week for auctions since the week ending 19 April. Last week, … Continue reading Best Results in 2 months

Could stamp duty be on the way out? + Learn from someone else's mistake

Highlights from this week:  The best way to learn Post stamp duty? Detail for individual podcasts Several years ago a small group of like-minded property enthusiasts – about 8 I believe – realized that by pooling their knowledge and sharing their experiences they were more likely to succeed and their success would be multiplied.  And so The Property Development Network was born.  That small group … Continue reading Could stamp duty be on the way out? + Learn from someone else's mistake

Volumes Highest in 2 months

  Only 12% of auctions withdrawn Cap city clearance rate weakens slightly Canberra is the best performer Last week There were 711 capital city homes scheduled for auction last week, returning a final auction clearance rate of 56.2%. Last week’s clearance rate was lower than the previous week’s 61.3% when volumes were higher (856).   This week and weekend There are 1,179 capital city auctions being … Continue reading Volumes Highest in 2 months

VIDEO – Long weekend softens the market

  Auction numbers down Clearance down as well Sellers still nervous  This week, 694 capital city homes were scheduled for auction, with preliminary results returning a 59.8 per cent clearance rate. The lower volume of auctions came as most states and territories welcome the Queen’s Birthday public holiday on Monday.  In Melbourne, 189 homes were scheduled to go under the hammer this week. T the … Continue reading VIDEO – Long weekend softens the market