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Learn how to make confident property decisions at Realestate Masterclass

Television property guru Andrew Winter will provide his secret tips to buying and selling success at a series of Realestate Masterclasses organised by Leader/News Local/Quest/Gold Coast Bulletin/Sunday Times. The Realestate Masterclasses, which are supported by the Commonwealth Bank, will look at how the current market is performing, local hotspots – for investors, first home buyers […]

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Canberra

The big end of town… Australia’s wealthiest (and poorest) postcodes

The Australian Taxation Office has recently released their annual set of Taxation Statistics  (you can see the whole report here) for the 2009/10 financial year.  This is always a fascinating read (shame about the time it takes to be published though), particularly the tables which provide an insight about average taxable income across each of […]

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Rate of decline from peak

How has the rate of decline in the Aussie housing market measured against the US, UK and NZ?

Based on CoreLogic’s House Price Index (HPI), it’s been 69 months since the US housing market peaked.  Since the national index for ‘single family combined homes’ reached its high point back in April 2006, US home prices have fallen by 32.8%. The first three years of US home prices coming down could be characterized as […]

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Change in vals vs property vals

How much more finance for housing is there likely to be over the next 12 months?

The Australian Bureau of Statistics (ABS) released its monthly housing finance numbers for October this week which provided some interesting reading.  Broadly speaking, the results are split by investment finance commitments and owner occupier commitments.  For the owner occupier commitments the ABS publishes data which shows both the volume and value whereas for investment they […]

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Latest Aussie housing market update is now on YouTube

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State by state

Building approvals rebound strongly during October 2010 – but not across the board

The Australian Bureau of Statistics released their monthly Building Approvals data for October 2010 this week and on a national basis the data was extremely positive.  During October 2010, total building approvals increased by 9.3% due to a surge in private sector house approvals which increased by 23.6%.  Private sector unit approvals also increased however, […]

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Full vs part time employment growth

Unemployment increases but read beyond the headlines

The unemployment data released by the Australian Bureau of Statistics this week showed that on a seasonally adjusted basis the national unemployment rate increased from 5.1% in September to 5.4% in October 2010.  Importantly, this result does not tell the whole story. National unemployment rates Oct-82 to Oct-10 Source: rpdata.com, ABS The number of unemployed […]

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