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
Data from the Australian Bureau of Statistics (ABS) shows a rebound in owner occupier first home buyer housing finance commitments. In August, 10,227 owner occupier first home buyer finance commitments were recorded and represented the greatest number since December 2009 – this is 17.2% of all owner occupier housing finance commitments and the highest proportion…
Building activity data for the June 2017 quarter was published by the Australian Bureau of Statistics earlier this week. The data contains additional insight to the housing construction sector, tracking quarterly dwelling commencements, completions and counts of dwellings under construction. The data is showing a softening in commencements as approvals have slowed but still heightened levels…
A review by CoreLogic of the recent Census 2016 data on Australian citizenship shows that a high rate of overseas migration has led to an increasing proportion of Australians being born overseas. Furthermore, it has also resulted in more people living in Australia that are not classified as Australian citizens. Although overseas migration has been…
Household finance data released by the Reserve Bank (RBA) each quarter looks at the ratios of household debts and assets to disposable income. The latest RBA update shows that while households debt is growing, asset wealth is simultaneously increasing. According to the RBA, the ratio of household debt to disposable income was recorded at 193.7%…
The results of a recent household income and wealth survey conducted by the Australian Bureau of Statistics (ABS) are not necessarily what you’d expect. The results state that higher income households are more likely to be over-indebted than lower income ones and determined those households that are over-indebted and those that are not. The 2015-16…
Research by CoreLogic using the stratified hedonic index shows that the most affordable 25% of properties, the middle 50% and the most expensive 25% recorded the greatest value growth over the past year. Over the 12 months to August 2017, the most affordable 25% of residential properties nationally recorded value growth of 2.9% compared to…
CoreLogic’s Accumulation Index looks at the total returns from the housing asset class factoring in the change in the value of the dwelling and the gross rental return from the property, writes… The CoreLogic Accumulation Index shows that nationally, the total returns from the housing asset class over the 12 months to August 2017 were…
With only 2,904 residents, the small council area of Queenscliffe on the Bellarine Peninsula in southern Victoria, recorded the highest proportion of retirees aged over 65 years (40.3%) according to the Australian Bureau of Statistics (ABS) population data. The small council area of Quairading in Western Australia’s Wheat Belt region enjoyed the greatest house value…
