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
First home buyers are on the move again as attractive incentives become available in NSW & Vic. Housing finance data from The Australian Bureau of Statistics (ABS) on first home buyer activity has generally shown that this segment of the market has been tracking at below average levels over recent years. However, with each state…
Clearance rates increased across all but two capital cities over the March quarter, with Sydney recording the largest increase, up from 57.7 per cent to 63.6 per cent. Perth and Tasmania were the only areas where clearance rates fell, with Perth down -5.0 per cent and Tasmania -6.4 per cent across a lower volume of…
Over the March 2018 quarter, clearance rates fell across 6 of the 9 sub-regions when compared to the previous quarter, while auction activity was lower over the same period. Clearance rates ranged from 73.5 per cent across the North West, to 60.4 per cent across the Inner East this quarter, with the largest fall seen…
A quarterly analysis produced by CoreLogic on auction market activity showed an increase in the combined capital city auction clearance rate of 64.6 per cent over the March 2018 quarter, up from 62.3 per cent over the December 2017 quarter. All cities apart from Perth and Tasmania recorded an increase in auction clearance rates over…
Rental rates climb over seasonally strong first quarter — but at a slower pace than in 2017. Global data analytics provider CoreLogic has released its first Quarterly Rental Review for 2018, which tracks the median rental price of houses and units across Australian capital cities and regions. The quarterly report measures the percentage change in rental…
CoreLogic’s stratified hedonic home value index shows the most expensive sector of the market is slowing rapidly as has been the case in other recent housing market slowdowns. The stratified hedonic index measures the change in values across three broad value based segments of the housing market: the most affordable 25% of properties, the middle…
Earlier this week the Reserve Bank (RBA) published their latest household finance ratios which showed the ratio of household and housing debt to disposable income continued to climb over the December 2017 quarter, reaching a new record high. Each quarter, the RBA publishes a spreadsheet of selected household finance ratios. The data provides insight into…
Based on resales across Greater Brisbane over the final quarter of 2017, the total value of resales at a profit was $1.2 billion while the total value of resales at a loss was recorded at $22.3 million. Brisbane generated 6.7% of the total value of resale profits nationally over the quarter and 5.0% of the…
The share of residential property sales over $1 million continued to climb in 2017 across most of the capitals. With dwelling values now falling what will 2018 bring for sales of $1 million property. Research from CoreLogic shows that over the 12 months to December 2017, 16.1% of all houses and 9.5% of all units…
Over the December 2017 quarter, resales of Melbourne properties generated $5.246 billion worth of profits and $29.2 million in losses. These figures indicated that Melbourne generated 29.4% of total resale profits nationally over the quarter as well as producing 6.6% of total resales losses. Over the quarter, there were no resales at a loss in…
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