Articles by Eliza Owen

Eliza is head Of Residential Research Australia for Corelogic and a respected property market commentator. Eliza holds a first class honours degree in economics from the University of Sydney


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Australia’s latest inquiry into housing affordability and supply provides an update on some of the key issues weighing on homeownership across Australia. The report provides sixteen recommendations that can loosely be split into either supply or demand-side factors that influence housing prices. Across its 200+ pages, the report provides a valuable summary of the evidence…

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The global pandemic has catalysed remarkable shifts in the Australian housing market. From the temporary shutdown of cities to an unprecedented monetary policy strategy, the new-found popularity of regional and low-density housing preferences, and the introduction of various government home-buying incentives, the COVID period has had distinct impacts on the composition of buyers and the…

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Slowing buyer demand, tighter lending conditions, and affordability constraints contributed to an easing in Australia’s national home value growth rate in February. The lowest rate of growth since October 2020 coincided with a new record high for the residential market’s combined value, which hit $9.8 trillion at the end of February, up from $9.7 trillion…

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Australia recorded its first case of COVID-19 on 25 January 2020 with most of the states and territories introducing border and movement restrictions by mid-to-late March 2020. The restricted economic activity and growing global uncertainty saw most of Australia’s housing markets record a small fall in values, before record low interest rates, improved affordability (following…

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Property market performance across Australia’s east coast, particularly South East Queensland and Northern New South Wales over the past year, could be summarised as having leading price growth, increased auction activity, and favourable internal migration trends. However, the end of February was a sobering reminder of the impact of extreme weather events and climate change….

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National dwelling values rose 1.1% over January, up from the results seen in December (1.0%). This uptick was almost entirely driven by the lower density sector with national house values increasing 1.3% in January, up from 1.2% in December, while unit value growth slowed from 0.4% to 0.3%. Despite this, both houses and units recorded…

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From the 21st of February 2022, the Australian Government opened the borders and welcomed double-vaccinated tourists and visa holders from around the world. Eligible visa holders can come to Australia without a travel exemption or quarantining, and concessions are being granted to skilled visa holders in order to incentivise them to stay in the country…

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More space, flexible working conditions, and affordability have successfully tempted property buyers to Australia’s regional areas, fuelling a surge in property values and drastically reducing selling times. CoreLogic’s quarterly Regional Market Update shows Australia’s 25 largest non-capital city regions continued to achieve unprecedented increases in value. Over the 12 months to January 2022, 24 regions recorded…

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