20160630 cc graph

CoreLogic National Auction Preview, week ending 3 July 2016

Upcoming auctions: This weekend, focus will be drawn away from the auction market with more eyes shifting towards the Federal Election outcome this Saturday. Currently, CoreLogic is tracking 754 capital city auctions, down substantially compared to both last week (2,218) and one year ago (1,674). In each of the individual capital city markets, auction activity […]

Read full story Comments { 0 }
Chart 9

The property price to income ratio is rising in Sydney, Melbourne and Canberra but flat or falling elsewhere

Utilising quarterly household income data from the Australian National University, CoreLogic has developed quarterly measurements of the ratio of property prices to annual household income.  This data is extremely valuable when looking to measure housing affordability.  The measure is available at a number of different geographies from SA2 regions (generally about the size of a […]

Read full story Comments { 0 }
20160627 Brisbane

Auction activity remains steady while the capital city clearance rate rises to 69.1 per cent

The preliminary auction clearance rate was recorded at 69.1 per cent this week, having risen from 67.4 per cent last week. This week’s rise represents a further improvement from the recent low of 65.7 per cent over the weekend leading up to the Queen’s Birthday public holiday. There were 2,189 auctions held across the combined […]

Read full story Comments { 0 }
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 }