Archive | September, 2015

Table

Spring selling season: the first month of spring returns a lift in new listings

As they do every year, new listings increased over the first month of spring, with further additions of stock to the market expected to ramp up until the end of year slow-down in December. In addition to the number of listings being added to the market CoreLogic RP Data’s lead listings indicator is also showing […]

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20150928 Sydney

Auction markets improve with the preliminary clearance rate bouncing back above 70% on the highest volumes since March 2015

A preliminary auction clearance rate of 71.3 per cent was recorded across the combined capital cities this week, having increased from 69.9 per cent last week, the lowest clearance rate since the end of March. Auction volumes were high, with a total of 2,820 auctions held over the week, up from 2,565 over the previous […]

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Chart 5

Population growth slumps to its slowest rate in 9 years but holds up well in NSW and Vic

The Australian Bureau of Statistics (ABS) released demographic data for the March 2015 quarter earlier today.  The data showed that despite a quarterly bounce in population growth, the rate of growth continues to trend lower.  The national population increased by 1.35% over the 12 months to March 2015 which was the lowest annual rate of […]

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2015-09-21--notw

Swiss-based company set to buy in South Brisbane

Commercial property news from Queensland is that Credit Suisse Asset Management is set to buy a South Brisbane office tower at 99 Melbourne Street for between $38 and $40 million.  In a sale arranged by Bruce Baker and Flint Davidson of CBRE Brisbane, though not yet confirmed, the vendor was Primewest Funds Limited as trustee […]

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2015_09_18_Auction_Table

Commercial Auction Results – Week ending 18 September 2015

Over the week ending 18 September 2015, the preliminary auction clearance rate was 51.7 per cent across a total of 58 commercial auctions. One week prior, the final auction clearance rate was a stronger 60 per cent across less auction results (45). At the same time last year, the number of commercial properties taken to […]

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AuctionPreview06

Busiest week for auctions since prior to Easter

CoreLogic RP Data National Auction Preview, week ending 27 September 2015 This week, CoreLogic RP Data is expecting 2,842 auctions across the capital city markets, the highest number of weekly auctions since the week leading up to Easter, when 3,668 capital city auctions were held. The rise in volumes comes of the back of a […]

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Christchurch Cityscope Quarterly Sales graph

Commercial Market Update – Christchurch Cityscope

The latest research from Christchurch Cityscope shows that commercial sales activity in Christchurch has increased in the past three months.  Sales recorded in the three months to September 2015 totalled $49.4 million, an increase from the quarter ending June 2015 when sales totalled $38.5 million and an increase from the quarter ending March 2015 when […]

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South Sydney Cityscope Quarterly Sales graph

Commercial Market Update – South Sydney Cityscope

The latest research from South Sydney Cityscope shows property sales for the quarter have decreased in terms of total value. While the total number of sales for the quarter to September 2015 has increased from 82 to 88 when compared to the previous quarter, the total value is down from $272.9 million to $158.5 million. […]

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What is going on in the Sydney housing market?

There’s been a number of articles this week about the peak of the Sydney market.  It does look as if the market is at or slightly past its peak however, it is important to thoroughly investigate how the market is tracking currently. Values Sydney home values have increased by 17.6% over the 12 months to […]

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20150921 Capital city

More than 2,000 auctions across the combined capital cities for the 7th week in a row

This week’s preliminary clearance rate of 70.7 per cent across a total of 2,064 reported auctions represents the third lowest clearance rate so far this year across the combined capital cities, down further from last week when the final clearance rate was recorded at 71.2 per cent. It will be interesting to see if there […]

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