Archive | December, 2015

20151221 Capital city

Final week of auctions for 2015 sees preliminary auction clearance rate recorded at 60.5 per cent

After clearance rates peaked at 82.3 per cent over the Easter weekend in April this year and remained in the high 70’s for the following six weeks, CoreLogic RP Data’s preliminary auction clearance across the combined capital cities was recorded at 60.5 per cent this week, a slight increase from the previous week’s final auction […]

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Net overseas migration hits lowest level since 2006

The Australian Bureau of Statistics (ABS) released demographic data for the June 2015 quarter earlier today.  The data is valuable because it provides insight into the size of the country’s population as well as an analysis of the different sources of population growth at both the national and state level.  At the end of June […]

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20151217 capital city graph

CoreLogic RP Data Auction Market Preview for week ending 20 December

Upcoming auctions: This week signals the beginning of the end of year auction slow down, with auction volumes falling over the week from 2,989 last week to 1,727 this week. Auction volumes are relatively similar to one year ago, when 1,702 capital city auctions were held. The number of auctions held this week will be […]

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Commercial Market Update – Christchurch Cityscope

The latest research from Christchurch Cityscope shows that commercial sales activity in Christchurch has decreased in the past three months.  Sales recorded in the three months to December 2015 totalled $20 million, a decrease from the quarter ending September 2015 when sales totalled $52.5 million and from the quarter ending June 2015 when sales totalled […]

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Commercial Market Update – Chatswood Cityscope

The latest research from Chatswood Cityscope shows property sales have slightly decreased in value for the quarter to December 2015. There were 39 sales recorded in the most recent quarter with a total value of $71.2 million, as compared with 30 sales recorded to September 2015 with a total value of $75.4 million and 23 sales […]

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Commercial Market Update – Canberra Cityscope

The latest research from Canberra Cityscope shows property sales decreased in the past three months. Sales recorded in the quarter ending December 2015 totalled $87.7 million, a decrease from the $92.5 million recorded in the three months to September 2015, and a decrease from the $149.8 million recorded in the three months to June 2015. This data […]

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Commercial Auction Results – Week ending 11 December 2015

Over the week ending 11 December the preliminary auction clearance rate was recorded at 75 per cent, the highest clearance rate since the first week of September this year. Preliminary results show that auction volumes fell last week, down to 60 from 97 the previous week. Over the previous week, the auction clearance rate was […]

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Future apartment site sells for $120 million

In the sale of part of a building not yet even built, UEM Sunrise Berhad has agreed to terms to sell the serviced apartment component of their Aurora Melbourne Central tower. UEM Sunrise Berhad is an engineering infrastructure group, established in 1966, with businesses across engineering, construction, township development and asset and facility management. The company […]

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20151214 Capital city

Preliminary clearance rate strengthens after last week saw the lowest clearance rate for 2015

There were 2,948 auctions held across the combined capital cities this week, with a preliminary auction clearance rate of 59.3 per cent. Last week, a clearance rate of 57.3 per cent was recorded across 3,252 capital city auctions, the lowest clearance rate since February 2013. At the same time last year, both auction volumes and […]

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Newcastle Cityscope Quarterly Sales graph

Commercial Market Update – Newcastle Cityscope

The latest research from Newcastle Cityscope shows that commercial property sales have increased in the three months to December 2015. The most recent quarter had 16 sales at a total value of $73.8 million, as compared to 21 sales totalling $30.4 million in the three months to September 2015 and 25 sales totalling $22.2 million […]

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