Across the nation, a higher proportion of houses are resold at a profit than units according to the latest Corelogic Pain & Gain Report. This trend is also evident across the combined capital city and combined regional markets. In Melbourne, units were higher than 6.8 times more likely to resell at a loss than houses…
Articles by 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 clearance rates continued to climb over June quarter. CoreLogic recorded a strengthening trend in auction clearance rates over the June quarter – the last time the result was this strong was back in June 2018. Clearance rates across Melbourne, Australia’s largest auction market, showed an increase over the June quarter while Sydney’s clearance rate…
The latest Corelogic Pain & Gain Report shows who’s winning and losing when they resell their properties. Across the nation, the majority of properties resold over the March 2019 quarter continued to transact at a profit. However, 12.1% of resales were at a loss which was the highest share of resales at a loss since…
Household wealth data from the Australian Bureau of Statistics (ABS) released recently showed that over the past year, a households net worth & assets fell as liabilities grew. The ABS data showed that at the end of the March quarter, household net worth was $10.243 trillion. While a large figure, household wealth has now fallen…
The latest Corelogic Pain & Gain Report shows who’s winning and losing when they resell their properties in Brisbane. Based on resales across Greater Brisbane over the third quarter of 2018, the total value of resales at a profit was $1.310 billion while the total value of resales at a loss was recorded at $37.1…
The latest Corelogic Pain & Gain Report shows who’s winning and losing when they resell their properties in Sydney. Throughout the first quarter of 2019, the total value of resales for a profit in Sydney was $3.479 billion and the total value of resales at a loss was $116.5 million. Based on this data, Sydney…
Who’s winning and who’s losing when they resell their properties in Melbourne | Pain and Gain Report
The latest Corelogic Pain & Gain Report shows who’s winning and losing when they resell their properties in Melbourne. Over the March 2019 quarter, resales of Melbourne properties generated $3.363 billion worth of profits and $44.8 million in losses. These figures indicated that Melbourne generated 23.5% of total resale profits nationally over the quarter as…
The latest Corelogic Pain & Gain Report shows who’s winning and losing when they resell their properties. This report for the March 2019 quarter provides an analysis of properties re-sold within a quarter and compares with their current and previous sale price; the results provide a good yardstick of market strength. When relatively few properties…
Since the federal election there appears to have been some strength returning to the housing market. A number of factors have contributed to this apparent improvement in housing confidence, including: 1. An unexpected election win to the Coalition Typically a change of government wouldn’t have too much of an impact on housing sentiment however, the…
Want to know what’s going on with the rental markets around Australia? The CoreLogic quarterly rent review shows national weekly rents increased by 0.3% over the second quarter of 2019; slower than the 1.0% increase the previous quarter and level with rental growth over the June 2018 quarter. Capital city rents were 0.1% higher over…
