This Week’s Featured News
Capital city auction numbers remain steady over the first week of summer
By Kaytlin Ezzy, Economist, CoreLogic Australia The first week of summer saw strong auction activity across the capitals, with CoreLogic Australia tracking just shy of 3,000 (2,999) auctions last week. Up 1.7% from the week prior (2,949), last week was the second-busiest auction week of the year so far, behind the week ending 29th October, when… Continue reading Capital city auction numbers remain steady over the first week of summer
Apartment Construction Slows Down – What’s Happening?
Latest Australian Property Market Insights: Week Ending 1st Dec ’23 G’day, property enthusiasts! This week, let’s unravel the latest twists and turns in the Aussie property market. We’ve got everything from apartment construction trends to the subtle shifts in buying vs renting. Sit back, as we decode the complexities of real estate, offering you the freshest… Continue reading Apartment Construction Slows Down – What’s Happening?
Capital city weekly volumes inch higher with over 3,000 auctions scheduled heading into summer season
By Kaytlin Ezzy, Economist, CoreLogic Australia Auction activity across the combined capitals is set to inch higher through the first week of summer, with 3,041 homes scheduled for auction. Up 3.1% compared to last week (2,949), this week is slated to be the capital’s second busiest of the year, behind the week ending 29th October (3,381),… Continue reading Capital city weekly volumes inch higher with over 3,000 auctions scheduled heading into summer season
Remarkable Growth in Over 80% of Suburbs
Latest Australian Property Market Insights: Week Ending 24th Nov ’23 Property Weekly Pulse with Rasti: Welcome to our in-depth analysis of the Australian property market for the week ending 24 November ’23. I’m Rasti Vaibhav, your Architect of Property Wealth, here to guide you through the latest trends and data that are shaping our real estate… Continue reading Remarkable Growth in Over 80% of Suburbs
Rents Forecast To Rise 7 to 10%
Louis Christopher – SQM Research The overall capital city forecast is for the market (asking rents) to rise again next year by between 7% to 10%. Perth is expected to record the largest increase in market rents of 12% to 15%. While Canberra is forecasted to record the largest declines of -6% to -2%. For… Continue reading Rents Forecast To Rise 7 to 10%
Combined capitals record lowest preliminary clearance rate in 32 weeks
By Kaytlin Ezzy, Economist, CoreLogic Australia With 3,019 auctions held last week, the combined capitals hosted the second busiest auction week of the year-to-date. Exceeding the 3,000 mark for only the second time this year, volumes were up 13.7% compared to the week prior (2,656) and 31.4% higher than this time last year (2,298). The… Continue reading Combined capitals record lowest preliminary clearance rate in 32 weeks
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