Archive | October, 2016

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CoreLogic National Auction Preview, week ending 23 October 2016

Upcoming auctions: A slightly higher number of capital city auctions are scheduled for this week with 2,466 capital city auctions currently being tracked by CoreLogic.  In Sydney, the 773 auction scheduled is fewer than last week while in Melbourne auction volumes are set to rise with 1,319 auctions currently scheduled.  In both Sydney, Melbourne and […]

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Clearance rates remain above 70 per cent since the last week in July

It has been another strong week for auction results, with a preliminary auction clearance rate of 77.9 per cent. There were 2,405 auctions held across the combined capital cities. Auction volumes still remain below levels of last year.  The clearance rate has remained above 70 per cent since the last week in July.  Last week, […]

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Commercial Auction Results – Week ending 7 October 2016

There were 31 reported commercial auctions over the week ending 7th October, with a clearance rate of 45.1 per cent, lower than the previous week’s 47.3 per cent across 19 results and also lower than the equivalent week last year reporting a 66.6 per cent clearance rate based on 39 results. Over the four weeks […]

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Wellington Cityscope Quarterly Sales

Commercial Market Update – Wellington Cityscope

The latest research from Wellington Cityscope shows that commercial property sales have increased in both number and total sales value in the last quarter. For the three months to October 2016, there were 19 sales at a total value of $79.5 million, compared to 9 sales at a total value of $40 million for the previous […]

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St Kilda Road Cityscope Quarterly Sales

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 October 2016 totalled $105.9 million from 119 sales, an increase from the 99 sales totalling $70 million recorded to July 2016. This data brings the 12-month total to $517.7 million from 504 sales, […]

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CoreLogic National Auction Preview, week ending 16 October 2016

Upcoming auctions: Auction volumes are set to remain relatively stable this week across the combined capital cities with 2,217 auctions currently being tracked by CoreLogic compared to 2,290 auctions last week.  In Sydney, 792 auctions are currently scheduled for this week and in Melbourne there are 1,110 auctions scheduled.  In both Sydney and Melbourne auction […]

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Investor housing demand rises as owner occupier fades

Earlier this week, housing finance data for August 2016 was released by the Australian Bureau of Statistics (ABS).  Over the month there was $31.4 billion worth of housing finance commitments which was -1.0% lower over the month and -5.1% lower than it was at its peak in April 2015. The $31.4 billion worth of commitments […]

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Volumes rise and return a strong clearance rate of 79.2 per cent

Last week the capital city auction markets were quiet due to the Labour Day long weekend which coincided with the AFL and NRL grand finals. Given this, it was unsurprising to see volumes increase substantially this week, with 2,246 held across the combined capital cities.  The preliminary clearance rate was 79.2 per cent this week, […]

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Melbourne Cityscope Quarterly Sales

Commercial Market Update – Melbourne Cityscope

The latest research from Melbourne Cityscope shows that commercial property sales in the CBD have risen in both number and total sales value. For the three months to September 2016, there were 75 sales at a total value of $1.056 billion, compared to 64 sales at a total value of $505.8 million for the previous quarter. […]

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CoreLogic National Auction Preview, week ending 9 October 2016

Upcoming auctions: There has been a substantial increase in scheduled auctions this week relative to the 853 auctions last week, with CoreLogic tracking 2,161 auctions across the combined capital cities this week. In both Sydney and Melbourne, the two major auction markets, auction activity is up week-on-week, with 1,085 Melbourne auctions scheduled and 731 homes […]

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