Archive | July, 2015

North Sydney Cityscope Quarterly Sales graph

Commercial Market Update – North Sydney Cityscope

The latest research from North Sydney Cityscope shows sales have increased in the quarter to July 2015. Sales recorded in the most recent quarter totalled $518.5 million from 80 sales, as compared to the $429.3 million from 82 sales in the quarter to April 2015. However, this is lower than the recorded $522.4 million from […]

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2015_07_17_Auction_Table

Commercial Auction Results – Week ending 17 July 2015

There were 31 auctions reported for the week ending 17 July 2015 with a preliminary auction clearance rate of 54.8 per cent, having fallen from 68.8 per cent the previous week when there were 32 commercial auctions. In comparison, at the same time last year across the 52 results, 50 per cent were successful. There […]

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AuctionPreview2

Over 2,000 auctions expected across Australia’s capital cities this week

CoreLogic RP Data National Auction Preview, week ending 26 July 2015 This week, CoreLogic RP Data is tracking 2,095 capital city auctions, compared to 1,827 last week and 1,705 at the same time last year. After a fall in the combined capital city clearance rate the previous week, last week’s clearance rate increased slightly, to […]

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Chart 3

Real home values still well below previous peaks outside of Sydney and Melbourne

Consumer Price Index (CPI) or inflation data for the June 2015 quarter was released earlier this week by the Australian Bureau of Statistics (ABS).  The data showed that over the quarter headline inflation increased by 0.7% and it was 1.5% higher over the year.  Inflation is quite low at the moment and it is being […]

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20150720 Melbourne

Preliminary auction results show 77.0 per cent of homes sold at auction

Across the combined capital cities, the preliminary weighted auction clearance rate was recorded at 77.0 per cent this week, having increased from a recent low of 74.9 per cent the previous week. There have been 1,414 auction results reported to CoreLogic RP Data so far this week, with a total of 1,766 auctions held across […]

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2015_07_10_Auction_Table

Commercial Auction Results – Week ending 10 July 2015

Over the week ending 10 July 2015 the preliminary auction clearance rate across commercial properties was recorded at 65.4 per cent, having risen from a final clearance rate of 56.3 per cent over the previous week. In comparison, at the same time last year, the commercial auction clearance rate was a lower 41.7 per cent. […]

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Sydney Unit Cityscope Quarterly Sales graph

Commercial Market Update – Sydney Units Cityscope

The latest research from Cityscope has found residential property sales in Sydney to have increased in the last quarter. Sales recorded over the three months to July 2015 totalled $226.4 million, an increase from the $161.9 million recorded to April 2015, but a decrease from the $380.6 million recorded to January 2015. The latest data […]

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St Kilda Road Cityscope Quarterly Sales graph

Commercial Market Update – St Kilda Road Cityscope

The latest research from St Kilda Road Cityscope shows property sales have increased in the past three months. Sales recorded in the quarter ending July 2015 totalled $267 million. This is an increase from the $154.6 million recorded in the three months to April 2015 but a decrease from the $303.3 million recorded in January […]

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News of the Week

Pyrmont restores buyer confidence

In a purchase that reflects the growing confidence in the strength of the Sydney fringe commercial market, a Pyrmont office tower has recently changed hands at almost $92 million, a significant increase on the $75 million it traded at less than a year ago. Vendor of the property at 19 Harris Street, Pyrmont was the […]

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Capital city auction volumes increase after previous record low clearance rate

CoreLogic RP Data National Auction Preview, week ending 19 July 2015 There are 1,822 capital city auctions scheduled this week which is an increase from 1,704 last week. The final auction clearance rate was recorded at 74.9 per cent and was the lowest combined capital city result since the first week in March, when across […]

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