20150630 Table

New listings are higher than one year ago and transactions have been trending upwards since 2012. As a result, stock is being absorbed faster and total listings are lower than at the same time last year across most cities

Over the four weeks ending 28 June 2015, there were 24,981 new residential listings added for sale across Australian capital cities. At the same time last year, over the corresponding four week period, 23,676 residential properties were newly listed for sale. That is a difference of 1,305 properties this year compared to last year. On […]

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Outlook for 2015-16 financial year

So where have we been? Over the first 11 months of the 2014-15 financial year, combined capital city home values have risen by 7.5% according to the CoreLogic RP Data Home Value Index.  The Index is weighted based on the number of dwellings in each city and looking more closely at the results only Sydney […]

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20150628 Sydney

Week-on-week results show auction volumes remain steady, while the auction clearance rate rises

A preliminary auction clearance rate of 78.0 per cent was recorded across the combined capital cities this week having increased from 77.3 per cent last week. There were 1,777 auction results reported this week with a total of 2,205 scheduled auctions showing that auction volumes have remained virtually unchanged when compared to the previous week […]

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Chart 5

Australia’s rate of population growth continues to slow

The Australian Bureau of Statistics (ABS) released demographic data for the December 2014 quarter yesterday.  The data highlighted a continuing slowdown in the rate of national population growth, with the quarterly increase now lower than slump in population growth recorded during the GFC.  In particular the mining states and territories are recording the biggest slowdown […]

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Auction Preview

Auction volumes higher in 2015 compared to 2014, with last week’s capital city clearance rate 11.9 per cent higher than one year ago

CoreLogic RP Data National Auction Preview, week ending 28 June 2015 CoreLogic RP Data is currently expecting 2,255 capital city auctions this week, which is higher than at the same time last year (1,991) and similar to the number of homes taken to auction across Australia’s capital cities last week (2,268). Last week saw the […]

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News of the Week

Biggest Commercial Sale for 2015

The Dexus Property Group has added to its Brisbane office portfolio through the purchase of Waterfront Place at 1 Eagle Street, Brisbane and the Eagle Street Pier at 45 Eagle Street, Brisbane. The sale, at $635 million, was arranged by CBRE Brisbane and JLL Brisbane. Vendors of Waterfront Place, each with a half share, were […]

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2015_06_19_Auction_Graph

Commercial Auction Results – Week ending 19 June 2015

Auction volumes increased last week, with 31 commercial auction results reported and a preliminary clearance rate of 54.8 per cent. In comparison, the final auction clearance rate over the previous week was just 27.3 per cent across 22 auctions. At the same time last year, there were 49 commercial auctions reported over the week with […]

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South Sydney Cityscope Quarterly Sales graph

Commercial Market Update – South Sydney Cityscope

The latest research from South Sydney Cityscope shows property sales have decreased in both volume and value for the quarter ending June 2015. There were 81 sales recorded for the most recent quarter at a total value of $269.8 million, compared to 161 sales at a total value of $464.8 million for the quarter ending […]

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Gold Coast Cityscope Quarterly Sales graph

Commercial Market Update – Gold Coast Cityscope

The latest research from Gold Coast Cityscope shows property sale figures have significantly decreased in the past three months, but sale numbers have remained generally consistent. Sales recorded in the three months to June 2015 recorded 43 sales for a total of $86.3 million. Of this, $55 million was for commercial, $7.9 million was for […]

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Christchurch Cityscope Quarterly Sales graph

Commercial Market Update – Christchurch Cityscope

The latest research from Christchurch Cityscope shows that commercial sales activity in Christchurch has increased in the past three months. Sales recorded in the three months to June 2015 totalled $38 million, an increase from the quarter ending March 2015 when sales totalled $29.8 million but a decrease from the quarter ending December 2014 when […]

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