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Latest posts
Australian unit market update June 2022

After recording an easing in the growth trend since March 2021 (2.8%), CoreLogic’s national home index recorded its first month of negative dwelling value growth in 20 months, falling -0.1% across both property types. This fall in values came amid lower consumer sentiment, increasing global uncertainty, mounting inflationary pressure, and the first cash rate rise…

Number of profitable property resales takes first dip in 18 months | Corelogic Pain and Gain Report

The rate of profit-making sales across the Australian property market has fallen for the first time since August 2020, providing yet another sign that there’s been a turning point in housing conditions. CoreLogic’s latest Pain & Gain Report, which analysed approximately 106,000 property resales that occurred in the March 2022 quarter, registered a modest 30…

Australia’s property market slows further as pandemic boom wears off

The slowdown of Australia’s property market has worsened as rising mortgage rates and high property prices see buyer demand slump further, according to the latest PropTrack Housing Market Indicators report. The report shows that demand from prospective buyers continues to slip back from the extreme levels witnessed in 2021, as expectations of price falls dampen…

Melbourne’s wealthiest suburbs revealed

There is no shortage of idyllic streets, extravagant properties, and exclusive postcodes in Victoria’s capital. Even despite enduring one of the world’s longest Covid-19 lockdowns, Melbourne’s property market stood firm throughout 2021. The city might not have seen the same record price increases as in other states, but sky-high demand, low-interest rates, tight supply, and government incentives…

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