Articles by Tim Lawless

Tim Lawless

Tim heads up the Core Logic RP Data research and analytics team, analysing real estate markets, demographics and economic trends across Australia. Visit www.corelogic.com.au


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Sydney dwelling values are now 2.6% higher than their July 2017 peak, a remarkable recovery considering the -14.9% drop in values through to May 2019 and the further -2.9% fall throughout the COVID downturn. The strong recovery trend can mostly be attributed to houses, rather than units, where values are up 10.8% over the past…

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The pace of capital gains has been accelerating across the Brisbane market since the COVID downturn a floor in September last year. Local housing values were down 0.9% through the worst of the COVID period and have surged 7.0% higher over the past six months. Like most of the other cities, the unit sector is…

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Melbourne housing values recovered from the -11% fall between 2017 and 2019, and the -5.6% drop in values through the worst of the COVID-related downturn, to set a new record high for dwelling values in March. The median house value is approximately $860,000 while the median unit value reached $593,000. Local market activity has ramped…

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The pace of capital gains has continued to accelerate across Perth, with dwelling values up 1.8% in March which was the fastest rate of appreciation since September 2006.  Such a rapid pace of growth is seeing the market rapidly recover from the 22% peak-to-trough fall that ran between mid-20014 and mid-2019, followed by a…

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Adelaide recorded a 1.5% lift in home values in March, taking the annual growth rate to 8.6%; well above the combined capital’s average of 4.8% growth.  The recent trend has been a little softer than other capitals, which could be a sign of earlier market heat starting to cool. The trend in home sales…

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While our housing markets are surging around Australia, rental market conditions remain diverse, with significant differences between the regions and housing types. From a geographic perspective, the tightest rental markets are Darwin and Perth, where both house and unit rents are recording double-digit annual growth. Rents are rising at a record-setting pace across both Perth…

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CoreLogic’s national home value index recorded a 2.8% rise in March, the fastest rate of appreciation since October 1988 (3.2%). These exceptionally strong growth conditions remain broad-based, with values rising by at least 1.4% across each of the capital cities and ‘rest-of-state’ areas over the month. Sydney led the pack for capital gains in March,…

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