Our markets remain patchy with Sydney remaining the pace setter. Its comparable growth in the last 12 months in dollar terms is now the largest in recorded history. In determining this outcome we have adjusted past dollar growth period amounts by inflation. In the following table we present some interesting statistics. Table 1 – Boom…
Articles by John Edwards
John is Consulting Analyst for Onthehouse, Australia’s most comprehensive real estate portal, and Founder of Residex, a leading Australian research organisation providing quality information on the real estate market to government, financial institutions, valuers, real estate agents, accountants, solicitors and the general public. Visit www.OnTheHouse.com.au
Our ageing population threatens Australia with unsustainable debt. But before I discuss this, let’s see what’s happening in our property markets: In Table 1, below I present the growth rates and other statistics for our housing markets across Australia. The Sydney property market is continuing in its ‘boom’ growth path. The median value of all…
The Cash Rate is now 2.25 per cent and at a historic low. Personally, I was not on the side of a rate decrease as I did feel that the falling oil price and the lower Australian dollar was sufficient for stimulating demand in the Australian economy, and it was better to wait and see…
Here’s an end of year review of how our property markets performed in 2014 and some predictions for 5 and 8 year capital growth ahead. It has generally been a better year for our housing markets with Australia wide house price growth being some 2.64 per cent better than last year and unit, or medium…
There are two markets in Australia that, in reality, set the pace for housing markets across the country – Sydney and Melbourne. These two markets combined account for more than 50% of all dwellings in Australia. Graph 1 presents the current position for Australia’s main markets – Sydney and Melbourne, for houses and units. Graph…
It’s like a tale of two cities… New research released by Onthehouse.com.au revealed a polarised growth trend across Australia’s capital cities, with August data showing steady growth in Melbourne and Sydney’s housing markets, offset against falls in Brisbane and Perth. The findings show that the overall national growth rate has slowed significantly, with growth in…
There is an age old question that never seems to get answered in an honest way: What is the best investment; houses or shares?
It’s been a good year of capital growth across Australia, with almost all of the major country and metropolitan regions recording positive growth in the year to June 2014. As a whole, Australian houses and units have increased 7.09% and 7.70% respectively in the last 12 months.
Property price growth was lower than expect in May. The growth numbers for May are not as high as what was achieved in recent months. In fact, there are a number of capital cities that have fallen in value. However, the monthly numbers are “beautiful” as far as I am concerned and that are what…