Archive | March, 2017

Pulse - BSSalesGrid

Commercial Market Update – Brisbane South Cityscope

The latest research from Brisbane South Cityscope shows property sale numbers have more than halved over the past three months. The last three months to the end of February 2017 recorded 10 sales for a total of over $106.1 million; with $71.1 million for commercial, $30.8 million for commercial strata, $400,000 for retail strata and […]

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20170309 Sub-regions

CoreLogic National Auction Preview, week ending 12 March 2017

Upcoming auctions: There are 1,362 properties scheduled to go to auction this week across the combined capital cities, this is a significant decrease in volume compared to the 2,907 auctions last week. Across the two major auction markets, in Melbourne and Sydney, auction activity has fallen this week, with only 333 auctions to be held […]

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chart 5

Deteriorating housing affordability in Sydney and Melbourne due to both demand and supply

Housing affordability is becoming a very hot political topic at the moment and it is no wonder why.  When we look at the latest CoreLogic Home Value Index results for February 2017, they show that combined capital city home values increased by 1.4% taking them 11.7% higher over the past year.  Since the end of […]

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20170306 Sydney

Auction results continue their strong run into March, with Sydney and Melbourne recording an 80% clearance rate over the first week of the month

After recording the strongest result since June 2015 last week, the preliminary clearance rate across the combined capital cities fell slightly this week, from 78.4 per cent to 77.8 per cent, based on preliminary results. The number of auctions held across the capitals this week was lower, with 2,714 held, compared to 3,301 over the […]

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Pulse - SYSalesGrid

Commercial Market Update – Sydney Cityscope

The latest research from Sydney Cityscope shows that Sydney CBD commercial property sales for the three months ending February 2017 have increased in total value from the preceding quarter. There were 92 sales recorded for the most recent quarter with a total value of $1.201 billion, as compared to 104 sales for a total of […]

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chart 6

New house approvals now start to fade

Building approvals data for January 2017 was released earlier today by the Australian Bureau of Statistics.  According to the release there were 17,412 dwellings approved for construction over the month which was 1.8% higher over the month but -12.0% lower year-on-year.  In January 2017, the 17,412 dwellings approved for construction was 19.1% lower than its […]

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Pulse - NRSalesChart

Commercial Market Update – Macquarie Park Cityscope

The latest research from Macquarie Park Cityscope shows property sales for the three months to February 2017 have increased substantially from the preceding quarter. Sales recorded in the quarter ending February 2017 totalled $704.7 million, an increase from the $135.5 million recorded in the three months to November 2016, but a decrease from the $769.9 […]

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2017_02_24_Auction_Table

Commercial Auction Results – Week ending 24th February 2017

The preliminary auction results for the 18th-24th of February saw 12 commercial properties go up for auction. Of the 12 properties, 9 sold at auction, 2 sold prior to auction and 1 property passed in. This represents a preliminary clearance rate of over 91%. Of the sold auctions last week, 6 were in Victoria, 4 […]

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20170302 Subregions

CoreLogic National Auction Preview, week ending 5 March 2017

Upcoming auctions: The number of auctions scheduled to take place across the combined capital cities is set to fall this week, after the record high for February seen last week. There are 2,558 currently being tracked by CoreLogic, down from 3,301 auctions last week. Auction activity is down week-on-week in Melbourne and Sydney, the two […]

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