Archive | January, 2017

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Resurgent investor housing demand continues

November 2016 housing finance data was released by the Australian Bureau of Statistics (ABS) earlier today.  The release showed that over the month, housing finance commitments totalled $33.2 billion, which was a historic high, tracking 2.2% higher over the month and up 4.2% year-on-year. The $33.2 billion worth of commitments consisted of $19.9 billion in […]

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Commercial Market Update – South Sydney Cityscope

The latest research from South Sydney Cityscope shows property sales for the quarter to December 2016 have decreased in terms of total value. Sales recorded in the most recent quarter totalled $411.3 million from 48 sales, as compared to the $512.7 million from 58 sales in the quarter to September 2016 and the $276.7 million […]

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Commercial Market Update – Gold Coast Cityscope

The latest research from Gold Coast Cityscope shows property sale figures have decreased in the past three months. Sales recorded in the three months to December 2016 recorded 41 sales for a total of $60 million. Of this, $21.3 million was for commercial, $11.5 million was for commercial strata, $12.9 million was for retail, $5.9 […]

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Commercial Market Update – Parramatta Cityscope

The latest research from Parramatta Cityscope shows that commercial property sales have increased in the quarter to December 2016. For the three months to December 2016, there were 32 sales at a total value of $150.2 million, compared to 17 sales at a total value of $139.3 million for the previous quarter. This brings the […]

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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 December 2016 there were 81 sales for a total of $1.170 billion, for the quarter to September 2016, there were 75 sales at a total value of […]

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Dwelling approvals bounce in November but don’t expect it to continue

According to the Australian Bureau of Statistics (ABS) November 2016 building approvals data there were 17,569 houses and units approved for construction across the country over the month.  Based on the seasonally adjusted series, the number of dwelling approvals rose by 7.0% over the month due to a substantial rebound in unit approvals.  Despite an […]

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