Archive | 2017

20170330 Subregion

CoreLogic National Auction Preview, week ending 2 April 2017

Upcoming auctions: With 2,470 properties scheduled to go to auction across the combined capital cities this week, volumes are set to be lower than last week’s 3,171, however, higher than the corresponding week last year when a significantly lower volume of auctions were reported coming out of the Easter period (1,582). In Melbourne and Sydney, Australia’s […]

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20170327 Sydney

Preliminary auction clearance rates nudge higher over the week

The amount of auction activity across the capital cities increased this week, up from 2,916 last week to 3,147 this week; the largest number of auctions since the last week of February 2017 when 3,301 auctions were held. This time last year was the Easter long weekend, so auction volumes were substantially lower, with 554 […]

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chart 4

Australians continue to choose to move to Victoria

Demographic data from the Australian Bureau of Statistics (ABS) showed that Australia’s estimated resident population was 24,220,192 persons at the end of September 2016.  Overt the 12 months to September 2016 the national population increased by 1.5% or by 348,695 persons.  The 1.5% growth in the population was the largest annual rise since September 2014 […]

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2017_03_17_Auction_Graph

Commercial Auction Results – Week ending 17 March 2017

CoreLogic collected five results for the week ending the 17th of March, with all properties selling at auction. All results collected were in NSW, and had a combined sales value of $29.7 million. All but one of the sales was in retail. All but one of the sales was located in the Sydney metropolitan area, with […]

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Pulse - CCSalesChart

Commercial Market Update – Christchurch Cityscope

The latest research from Christchurch Cityscope shows that commercial property sales in Christchurch’s CBD have decreased in the past three months. For the three months to March 2017 there were 6 sales at a total value of $62.6 million, compared to 15 sales at a total value of $72.6 million for the previous quarter. The […]

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Pulse - SSSalesChart

Commercial Market Update – South Sydney Cityscope

The latest research from South Sydney Cityscope shows property sales for the quarter to March 2017 have decreased in terms of total value. Sales recorded in the most recent quarter totalled $279.1 million from 53 sales, as compared to the $419.1 million from 50 sales in the quarter to December 2016 and down from the […]

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20170323 TS Clearance

CoreLogic National Auction Preview, week ending 26 March 2017

Upcoming auctions Auction activity is set to increase this week across the combined capital cities, with 2,979 properties scheduled to go to auction, up slightly from last week’s final result of 2,916. The number of homes expected to go to auction this week is higher than the number of auctions held over the corresponding week […]

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20170320

Preliminary clearance rate and auction volumes increase across the combined capital cities

The capital city clearance rate increased this week, with preliminary results showing that 76.2 per cent of reported auctions across the combined capital cities were successful, compared to 75.1 per cent last week and 68.8 per cent one year ago. Auction activity increased over the week with 2,844 homes taken to auction, up from 1,473 […]

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chart 9

Investors have historically outweighed first home buyers, but the spread in market participation has never been this wide

Over recent years the level of investor participation in the national housing market has hit historic high levels and at the same time, housing finance commitments to owner occupier first time buyers has shrunk.  As an example, January 2017 housing finance data shows that based on the total value of housing finance commitments, a record-low […]

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2017_03_10_Auction_Table

Commercial Auction Results – Week ending 10 March 2017

CoreLogic captured eight commercial auction results in the week ending the 10th of March. These preliminary auction results show a 100% clearance rate and a combined sales volume of $13 million. The highest value result was a $2 million factory office and unit in Yennora, NSW. Of the properties sold, 4 were located in NSW, with […]

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