Archive | October, 2015

2015_10_16_Auction_Table

Commercial Auction Results – Week ending 16 October 2015

Commercial auction activity picked up slightly last week with 43 properties taken under the hammer, compared to 39 the previous week. Preliminary results show that 58.1 per cent of commercial auctions were successful over the week ending 16 October compared to 61.5 per cent the previous week. One year ago 57 commercial auctions were held […]

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Pyrmont-Ultimo Cityscope Quarterly sales graph

Commercial Market Update – Pyrmont-Ultimo Cityscope

The quarter update of Pyrmont-Ultimo Cityscope shows an increase in both sales activity and total sales value. The most recent quarter had a total of 51 sales at a value of $259.4 million compared to 26 sales at a total value of $41.5 million for the quarter ending July 2015. The 12 month total sales […]

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North Sydney Cityscope Quarterly Sales

Commercial Market Update – North Sydney Cityscope

The latest research from North Sydney Cityscope shows sales have increased in the quarter to October 2015. Sales recorded in the most recent quarter totalled $3.283 billion from 75 sales compared to $455.3 million from 78 sales in the quarter to July 2015. The July total is bolstered by the inclusion of the sale of a […]

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AuctionPreview03

Clearance rate is falling, while auction activity is rising

CoreLogic RP Data National Auction Preview, week ending 25 October 2015 Despite a falling auction clearance rate, the volume of auctions being held across the combined capital cities and in particular, Melbourne, is rising. Last week, the final auction clearance rate fell to 67.4 per cent across 2,858 capital city auctions, while this week CoreLogic […]

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18

7 signs that the housing market may be peaking

There are mounting signs that Australia’s housing market may be moving through the peak of the cycle, however it is important to remember that strong housing market conditions have been evident in Sydney and Melbourne while every other capital city has shown relatively sedate conditions. CoreLogic’s September indices results, released two weeks ago, showed that […]

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20151019 capital city

Volumes remain high while the preliminary clearance rate is below 70 per cent for the 5th week in a row

It was another busy week for auctions across the combined capital cities with 2,817 auctions held after the previous week saw 3,016 properties taken to auction; the highest volumes have been since March this year. The preliminary clearance rate of 69.3 per cent has remained below 70 per cent for the 5th week in a […]

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Table 5

Key data from the Housing and Occupancy Costs release for 2013-14

The Australian Bureau of Statistics (ABS) released Housing and Occupancy Costs for the 2013-14 financial year late last week.  The data is released every three years and provides some really valuable insights into the characteristics of households and how much they spend on housing costs. The first table shows weekly housing costs across household types […]

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2015_10_09_Auction_Graph

Commercial Auction Results – Week ending 9 October 2015

For the second week in a row, preliminary results show that auction volumes were relatively low, with 29 commercial auctions held last week compared to 28 the previous week and 41 at the same time last year. Last week’s preliminary result shows a clearance rate of 55.2 per cent compared to 53.6 per cent over […]

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St Kilda Cityscope Quarterly Sales

Commercial Market Update – St Kilda Cityscope

The latest research from St Kilda Road Cityscope shows property sales have decreased in the past three months. Sales recorded in the quarter ending October 2015 totalled $197.5 million, a decrease from the $266.9 million recorded to July 2015. This data brings the 12-month total to $922.4 million, a significant decrease from the $1.488 billion recorded the […]

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Wellington Cityscope Quarterly Sales

Commercial Market Update – Wellington Cityscope

The latest research from Cityscope has found that Wellington commercial property sales have decreased in the last three months, primarily due to the sale of the building at 171 Featherstone Street, Wellington Central, in the previous quarter. Sales recorded in the three months to October 2015 totalled $118.5 million, a substantial decrease from the $240.4 […]

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