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Latest posts
National Vacancy Rates Increased

The national residential rental vacancy rate increased in June 2019 to 2.3%, an increase from 2.2% in May.  The total number of vacancies Australia-wide is now at 78,690 vacant residential properties, an increase of 3,597 over the month and up 2,933 dwellings over the past 12 months. Nearly all capital cities recorded minor increases ranging…

National Housing Market Update [video] | July 2019

The latest housing market results present an early sign that lower mortgage rates and improved sentiment are already having a flow-on effect for housing market conditions. Last month, CoreLogic’s national housing market index moved closer to leveling out with values down 0.2% over the month, the smallest month-on-month decline in the national series since March…

Household wealth falling while debt remains

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…