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According to the February 2016 CoreLogic RP Data Hedonic Home Value Index results released 1st March, dwelling values across Australia’s combined capital cities showed a slight rise of 0.5% rise in February, pushing dwelling values 1.4% higher over the past three months. In February, home values rose across each capital city with the exclusion of
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The current period of low interest rates have been identified as one of the major factors spurring high rates of price growth in both Sydney and Melbourne as investors and homebuyers take advantage of cheap finance and a booming housing market. This of course has prompted fears that there will be a housing price correction,
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The results are in for the 11th annual Demographia International Housing Affordability Survey 2015 and it is no surprise that Sydney is the most unaffordable city in Australia and has taken third place globally for having the highest median values to median household income, placing the city behind only Hong Kong and Vancouver. Further bad
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Brisbane’s Historical June Quarter Sales Activity

The REIQ believe that Brisbane is preparing for its first consecutive sales increase in more than two decades for the June quarter. Unusually robust winter sales are a sign the market is gathering momentum, explained REIQ acting CEO Antonia Mercorella. “Brisbane is set to record its first consecutive increase in June quarter sales since 1991-92,”
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Asian buyers swoop on Qld

A Paradise Waters mansion that netted $8.7 million is one of a number of high-end properties being secretly marketed to cashed-up Asian investors and big-spending buyers. The purchase of 60 Admiralty Drive marks the largest sale in Gold Coast real estate in the past years and has boosted the confidence of high-end vendors who have
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House sales in Qld on the rise

Queensland sales and new home figures are finally seeing some sun shone on them. After 5 years of pretty flat growth in both sales volumes and median prices, South East Queensland including the Sunshine Coast from Noosa, Brisbane and the Gold Coast are experiencing better than average sales volume, decreased time on market and healthy
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