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Articles by Cameron Kusher

Cameron Kusher

Cameron Kusher is Corelogic RP Data’s senior research analyst. Cameron has a thorough understanding of the fundamentals such as demographics, trends & economics. Visit www.corelogic.com.au


auction
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Australia’s capital cities saw weekend action volumes surge

The combined capital city preliminary clearance rate remained in the high 70 per cent range over the week, despite auction volumes reaching the highest level so far this year.  There were 2,280 dwellings taken to auction this week, significantly increasing from 1,591 over the previous week, with 77.0 per cent of auctions reported as successful….

sydney
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More Sydney suburbs now have a median house value of at least $2 million

This retrospective look at median dwelling values across Australia  highlights the deterioration of affordable housing across the capital cities over the past five years.  At the end of 2016, 7.6% of suburbs nationally had a median house value under $200,000 and 5.9% of suburbs had a median unit value below $200,000. To put these figures…

melbourne city park happy peace victoria garden
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Melbourne vendors in the driver’s seat as properties sell the fastest of any capital city

Over recent months the average number of days it takes to sell a residential property has been falling, reflecting the overall improvement in housing market conditions. The average days on market figure provides valuable insight into the performance of the housing market.   The figure measures the average difference between the date at which a…

proeprty market
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Mortgage demand for established housing stock continues to climb

Housing finance data for December 2016 was released by the Australian Bureau of Statistics.  Demand for mortgage finance continues to increase over the month reflective of the ongoing growth in home values currently being experienced. Unlike the rest of the charts throughout this post, the above chart does not use seasonally adjusted figures. It does…

australia
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Only four capital cities have recorded real growth in home values

With the Australian Bureau of Statistics releasing the Consumer Price Index for the December 2016 quarter recently, using the CoreLogic Home Value Index we can adjust changes in dwelling values for the effects of inflation.  The value of looking at inflation-adjusted or ‘real’ home value changes is that it highlights whether housing values are moving…

Property Market
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The pain & gain report reveals the latest profit and loss areas

The CoreLogic Pain & Gain report out today reveals the average profit on resale increases to $262,672 while average loss was $71,529 over September 2016 quarter. CoreLogic today released its latest Pain and Gain Property Report which delivers the most timely market analysis for residential property resales over the September 2016 quarter by comparing the most recent…