Archive | April, 2017

Pulse - NSSalesGrid

Commercial Market Update – North Sydney Cityscope

The latest research from North Sydney Cityscope shows sales have increased in total value in the quarter to April 2017. Sales recorded in the most recent quarter totalled $524.8 million from 68 sales, an increase in total value compared to the $376.3 million from 70 sales in the quarter to January 2017 but a decrease […]

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Pulse - WNSalesGrid

Commercial Market Update – Wellington Cityscope

The latest research from Wellington Cityscope shows that commercial property sales have increased in total sales value in the last quarter. For the three months to April 2017, there were 12 sales at a total value of $161.8 million, compared to 19 sales at a total value of $111 million for the previous quarter. The […]

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G1_Share of Commercial Office Sales

North Sydney Offices Set to Boom

Preliminary results suggests increasing demand for commercial property in North Sydney for the April 2017 quarter. Preliminary sales results saw the total number of non-residential sales at 68 for the quarter, which is 2.9% down on the previous quarter. However, in the year to April 2017, sales volumes are 12.7% higher than the year to […]

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20170427 Region

CoreLogic National Auction Preview, week ending 30 April 2017

Upcoming auctions The number of auctions scheduled to take place across the combined capital cities this week is expected to increase, with 2,166 currently being tracked by CoreLogic. In both Melbourne and Sydney, the two major auction markets, auction activity is set to ramp up with 1,133 scheduled auctions across Melbourne, increasing from 828 last […]

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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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Pulse - SUSalesChart

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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chart 9

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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