admin-ajax.php

The middle market is recording the strongest capital growth

The middle market is recording the strongest capital growth.

Over the 12 months to January 2015, the middle 50 per cent of capital city suburbs recorded the strongest increase in values, while the most affordable 25 per cent of capital city suburbs recorded the lowest value growth.

house-growth

Each of the three market segments analysed have recorded growth over the past year.

The growth has generally been similar across each segment.

The most affordable 25 per cent of capital city suburbs recorded a value increase of 7.3 per cent compared to an 8.8 per cent rise across the middle 50 per cent of suburbs and a 7.9 per cent lift in values across the most expensive 25 per cent of capital city suburbs.

The data indicates that the market, at least from a macro perspective, is experiencing broad-based value growth across the price segments.

Further to that, it is the more standard stock, not the most expensive areas and not the most affordable areas, which are recording strongest demand and subsequently, the highest rate of growth.

Property Market Segments

Source: Corelogic Capital Markets Report



Want more of this type of information?


Avatar for Property Update

About

Tim heads up the Core Logic RP Data research and analytics team, analysing real estate markets, demographics and economic trends across Australia. Visit www.corelogic.com.au


'The middle market is recording the strongest capital growth' have no comments

Be the first to comment this post!

Would you like to share your thoughts?

Your email address will not be published.
CAPTCHA Image

*

0
0

Michael's Daily Insights

Join Michael Yardney's inner circle of daily subscribers.

NOTE: this daily service is a different subscription to our weekly newsletter so...

REGISTER NOW

Subscribe!