Chart 6

Population growth slows nationally but New South Wales and Victoria attract a record high proportion of the population increase

Demographic data for the December 2015 quarter was released by the Australian Bureau of Statistics yesterday. At the end of 2015, the national population was estimated to be 23,940,278 persons having increased by 1.4% or 326,073 persons over the year.  Although the population continues to increase at a fairly rapid pace, the rate of population […]

Read full story Comments { 0 }
20160623 cc graph

CoreLogic National Auction Preview, week ending 26 June 2016

Upcoming auctions: This week, the number of auctions held across the combined capital cities will remain steady, with 2,110 scheduled. Across the individual cities, however, there will be more auctions held this week in Sydney, Brisbane and Adelaide, while in Canberra, Melbourne and Perth, auction activity is lower week-on-week. In the two biggest cities, Melbourne […]

Read full story Comments { 0 }
20160620 capital city

Auction volumes bounce higher from last week with Sydney continuing to lead auction markets as the only city to record a preliminary clearance rate above 70%

Preliminary results show that 67.8 per cent of reported auction results were sold this week, increasing from the dip to 65.7 per cent last week when auction volumes were lower. This week 2,139 capital city auctions were held, up from 1,100 last week and a similar volume compared to one year ago (2,268). At the […]

Read full story Comments { 0 }
Chart 5

Adding more tax to foreign housing investment

The state governments of New South Wales, Victoria and Queensland are all now charging additional tax on foreign investment in residential property.  In New South Wales foreign buyers are being charged a 4% stamp duty surcharge from June 21.  In Victoria, foreign buyers are charged a 7% tax and in Queensland foreign buyers are being […]

Read full story Comments { 0 }
20160616 capital city graph

CoreLogic National Auction Preview, week ending 19 June 2016

Upcoming auctions: The auction markets were quieter last week as a result of the public holidays across most states and territories, however this week, auction activity is set to rebound with auction numbers close to doubling over the week. Across the combined capital city auction markets, 2,116 auctions are scheduled and over half (1,059) of […]

Read full story Comments { 0 }
20160613 Brisbane

Capital city preliminary clearance rate falls to 67.2 per cent, with auction activity across the capitals significantly lower

The number of capital city auctions held this week was 1,053, falling significantly given most states and territories have a public holiday today. Preliminary results show that 67.2 per cent of auctions were successful this week, compared to 68.2 per cent last week across 2,008 auctions and 75.9 per cent one year ago, across 2,076 […]

Read full story Comments { 0 }
20160609 Sub-region table

CoreLogic National Auction Preview, week ending 12 June 2016

Upcoming auctions: With next Monday a public holiday across all states and territories, excluding Western Australia and Queensland, auction activity is much more subdued this week, with 976 auctions currently being tracked by CoreLogic. Over the same week last year, 2,076 auctions were held, substantially higher, however the same public holidays were held the previous […]

Read full story Comments { 0 }
Chart 5

Investor borrowing continues to slide but we expect a rebound over the coming months

The April 2016 housing finance data was released earlier today from the Australian Bureau of Statistics (ABS).  Over the month there was $32.0 billion worth of commitments which was the lowest monthly value of housing finance commitments since May 2015. The first chart shows the split between owner occupier and investor lending.  Over the month […]

Read full story Comments { 0 }
20160606 Brisbane

Auction clearance rate maintains strength over first week of winter

The preliminary auction clearance rate nudged higher over the first week of winter, however the number of auctions dipped compared with the previous week.  There were 1,953 auctions held over the week, down from 2,480 last week, however higher than one year ago when 1,201 auctions were held and auction volumes were low due to […]

Read full story Comments { 0 }
20160602 Sub-region table

CoreLogic National Auction Preview, week ending 5 June 2016

Upcoming auctions: CoreLogic is currently tracking 1,936 capital city auctions this week, a fall from the 2,480 auctions that were held last week. Each individual capital city will host less auctions this week compared to last week, however compared to one year ago, there will be more auctions this week in Adelaide, Canberra, Melbourne and […]

Read full story Comments { 0 }