Archive | April, 2017

20170424 Sydney

Volumes rise across the combined capital cities and return a clearance rate of 72.1 per cent

Auction activity increased significantly across the combined capital cities this week after last week’s Easter period slowdown, with 1,732 homes taken to market and a preliminary clearance rate of 72.1 per cent, down from 73.9 per cent last week across fewer auctions (493).  Melbourne saw the most significant increase in activity, with volumes increasing from […]

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Commercial Market Update – Sydney Units Cityscope

The latest research from Sydney Units Cityscope shows that apartment sales in Sydney’s CBD have increased both in number and total sales value in the last quarter. For the three months to April 2017, there were 133 sales at a total value of $164.3 million, compared with 113 sales at a total value of $128.8 million […]

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Gowth Index of Brick and Mortar Retail Turnover by industry group

Online Shopping isn’t the Only Retail Killer – Existentialism May Play a Part

It is a temptingly simple story that haunts retail: online shopping makes the brick and mortar store redundant. Why leave the house when you have the convenience of browsing and buying from the couch? However, evidence shows that in fact, people do like leaving the house. Data suggests there is much more to the decline […]

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The number of individuals claiming a net rental loss has flat-lined over recent years

The Australian Tax Office (ATO) released their taxation statistics for the 2014-15 financial year last week, and from a housing market perspective it provides some really valuable data on property investor behaviour. Over the 2014-15 financial year, property investors claimed $11.120 billion in net rental losses compared to $7.491 billion in net rental profit.  The […]

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20170420 Upcoming auctions

CoreLogic National Auction Preview, week ending 23 April 2017

Upcoming auctions This week, the number of auctions scheduled to take place will increase across the combined capital cities, with 1,586 currently being tracked by CoreLogic, up from 493 last week when auction activity slowed down over the Easter period. Melbourne is expected to see the most significant increase in volumes over the week, with […]

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20170418 Volumes

Easter long weekend returns a rise in capital city clearance rate

Across the combined capital cities, the auction clearance rate rose to 78.8 per cent last week, from 74.8 per cent the previous week. The number of homes taken to auction, however, fell to just 487 across the capital city markets, with Sydney host to the majority of auctions last week (275). Preliminary results for Sydney […]

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20170413 region

CoreLogic National Auction Preview, week ending 16 April 2017

Upcoming auctions Given the upcoming Easter long weekend, auction volumes are significantly lower this week with only 426 capital city auctions scheduled; a much lower number than last week when 3,517 were held across the capital city auction markets in the lead up to the long weekend, and lower than this time last year when […]

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2017_04_07_Auction_Graph

Commercial Auction Results – Week ending 9 April 2017

CoreLogic captured 48 auction results in the first week of April, with a preliminary clearance rate of 75%. This is slightly stronger than the sales results collected in the same week of 2016, in which 42 auctions were held with a clearance rate of 67%. The combined worth of the collected sales results was $76.4 […]

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Commercial Market Update – Eastern Sydney Cityscope

The latest research from Eastern Sydney Cityscope shows property sales have decreased in the past three months. Sales recorded in the quarter ending April 2017 totalled $141 million, a decrease from the $381.6 million recorded in January 2017 but an increase from the $119.1 million recorded to October 2016. This data brings the 12 month […]

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Commercial Market Update – St Kilda Road Cityscope

The latest research from St Kilda Road Cityscope shows property sales value has decreased in the past three months. Sales recorded in the quarter ending April 2017 totalled $294.1 million from 367 sales, a decrease from the 162 sales totalling $409.5 million recorded to January 2017. This data brings the 12-month total to $879.5 million from […]

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