Archive | June, 2017

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Commercial Market Update – Chatswood Cityscope

The latest research from Chatswood Cityscope shows that commercial property sales have increased in total sales value. For the quarter to June 2017 there were 26 sales at a total sales value of $199.4 million, compared to 31 sales at a total value of $113.7 million for the previous quarter and up from the 30 […]

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Commercial Market Update – South Sydney Cityscope

The latest research from South Sydney Cityscope shows property sales for the quarter to June 2017 have increased in terms of both total value and sale numbers. Sales recorded in the most recent quarter totalled $504.5 million from 58 sales, as compared to the $479.1 million from 54 sales in the quarter to March 2017 […]

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2017_06_23_Auction_Graph

Commercial Auction Results – Week ending 23rd June 2017

The week ending June 23rd saw a total of 53 commercial auctions held across Australia, with a clearance rate of 69.2%. This is a stark increase on the number of auctions held in the previous week, when just 30 auctions were held with a clearance rate of 56.7%, suggesting continued buoyancy in the market. Half […]

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20170629 CC TS

CoreLogic National Auction Preview, week ending 2 July 2017

Upcoming auctions This week, the number of auctions scheduled to take place across the combined capital cities will fall, with 1,820 auctions currently being tracked by CoreLogic, down from 2,355 last week. Although volumes are down this week, current levels are significantly higher than the same week last year, when auction volumes were quieter due […]

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Demographic data reveals that the rate of population growth accelerated in 2016

The latest demographic data from the Australian Bureau of Statistics (ABS) shows that the national rate of population growth accelerated in 2016.  Australia’s population continues to increase rapidly with the majority of population growth occurring with the two most populous states.  New South Wales and Victoria combined accounted for 70.5% of national population growth over […]

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20170626 Sydney

Clearance rates continue to trend below 70 per cent across the combined capitals, with preliminary results showing 69.1 per cent of auctions clearing.

There have been 1,840 capital city auction results reported to CoreLogic so far this week, resulting in a preliminary auction clearance rate of 69.1 per cent across the combined capital cities. There were a total of 2,323 capital city auctions held this week, down from the 2,444 held last week. This week’s preliminary result indicates […]

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Commercial Market Update – Canberra Cityscope

The latest research from Canberra Cityscope shows property sales value decreased in the past three months. Sales recorded in the quarter to June 2017 totalled $211.3 million, a decrease from the $684.5 million recorded in the three months to March 2017, but an increase from the $75.5 million recorded in the three months to December […]

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Commercial Sale Activity in the Sydney CBD Declines Due to Smaller Available Offices

The Sydney CBD Cityscope region encompasses areas around Darling Harbour from Barangaroo and Circular Quay, down to Regent Street in Ultimo. Sales activity was notably subdued in the May 2017 quarter, particularly in the office buildings and commercial units. The exception was in the retail unit segment. The year to May 2017 saw a significant […]

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2017_06_16_Auction_Graph

Commercial Auction Results – Week ending 16th June 2017

The week ending 16th of June saw the lowest number of preliminary auctions for the month, at just 30 held across the country. Of the 30 auctions held, 17 were sold, with a clearance rate of 56.7%. This was lower than the preliminary results of the previous week, which saw 32 sold commercial properties at […]

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The number of properties mortgaged is climbing however, values are increasing faster than outstanding debt

Earlier this week the Australian Bureau of Statistics (ABS) released its residential property prices indexes for the March 2017 quarter.  A valuable data set from the release relates to the value of dwelling stock and the number of residential dwellings.  Both of which have increased over the quarter.  When this data is paired with data […]

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