CoreLogic head of research Tim Lawless delivers refreshing insights for those looking to enter the regional property market where the unemployment rate is below 4%! House prices have surged higher across the largest capital cities to levels that are often well out of reach for a growing number of households....
CoreLogic Head of Research Tim Lawless reviews the recent release of Socio-Economic Indexes for Areas (SEIFA) by the Australian Bureau of Statistics. The SEIFA indices provides a summary of the areas around the country that are highly advantaged and disadvantaged in terms of their socio-economic profile. The...
Although dwelling values have started falling in Sydney, the city remains substantially more expensive than the other capital cities. In fact, whether you look at the cost of houses or the cost of units, Sydney stands out as being much more expensive. The above table clearly highlights how the cost of a house...
Show me someone who hasn’t dreamt of a NYC loft apartment, and I’ll show you a liar. Besides featuring in some of the most iconic pop culture shows over the years (‘How I Met Your Mother’, anyone?), this trend has risen to fame over the years. Although this dream is far reaching for anyone who doesn’t have a...
Thinking about renovating your home? Before you pick up your tool belt read the top 5 things you should know before starting a home renovation Prepare For Everything to Snowball This may have started out as a low-key, few minor updates here and there, but once the work has started it will be so very tempting...
This week we look at the suburbs across the capital cities in which houses and units which had the shortest median days on market throughout 2017. The median days on market figure is calculated by comparing the date at which a property is first listed for sale to the date a contract is signed. It is important...
The latest data from the Reserve Bank (RBA) shows that the expansion of housing credit is occurring at a historically sluggish pace as tighter credit policies and slower housing market conditions dampen investment participation in the housing market. The RBA releases its financial aggregates on the last working...
How much are the properties worth in your suburb? If you are thinking of selling, how much will your place sell for? There are two major metrics that property professionals look at to answer this question; which one should you focus on? Understanding the difference between median sales price and median value...
Top Performing Suburbs Report identifies suburbs where median value growth across 12 months, 3 years, five years has been higher than 15%. The formula, together with a range of other criteria, identifies suburbs and property types that have demonstrated consistent growth historically. “Every suburb in the top...
The volume of new loans to first home buyers in New South Wales and Victoria has climbed substantially over recent months as value growth has slowed and even begun to fall in Sydney and Melbourne. First home buyers must be vigilant about purchasing homes and not just be lured into buying at the peak of the...