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Aug. 28, 2019, 6:33 a.m.
Q3 2019 Key Market Indicators – New South Wales
ew South Wales (NSW) continues to offer increasingly affordable opportunities in its property market, with its home loan affordability index at 28.3 points in the March quarter of 2019.
Aug. 28, 2019, 6:18 a.m.
Q3 2019 Key Market Indicators – Queensland
Queensland (QLD) has historically been known as the more affordable state for property prices, when compared with New South Wales (NSW) and Victoria (VIC). This continued to be the case in the March quarter of 2019.
Aug. 28, 2019, 5:25 a.m.
Q3 2019 Key Market Indicators – Northern Territory
The Northern Territory’s (NT) home loan affordability index reading was 49.6 index points in the March quarter of 2019, well above the Australian average of 33.0 index points. This establishes the NT as the most affordable state in Australia.
Aug. 28, 2019, 4:29 a.m.
Q3 2019 Key Market Indicators
Australia is positive and resilient, particularly in the face of a roller coaster year that included: political uncertainty and a Federal Government election, the Financial Services Royal Commission, two consecutive Reserve Bank of Australia (RBA) cash rate cuts, fears of a potential economic recession, the China-USA trade tensions, dips in both overseas and Australia stock markets, and changes in income taxation policy.
Aug. 26, 2019, 5:51 a.m.
Burleigh Heads Research Factsheet 1st Half of 2019
Burleigh Heads, which in this report includes sales transactions in Varsity Lakes, Miami, Mermaid Waters, Mermaid Beach, Burleigh Waters, and Burleigh Heads; recorded a median house price of $760,500 and $451,000 for units in Q1 2019. This represented an annual (Q1 2018-Q1 2019) price softening of -6.7% and -1.5% respectively. Compared to the Burleigh Heads 2nd half 2018 Research Factsheet, which reported an annual (Q3 2017 – Q3 2018) price change of 8.6% (house) and 2.7% (units), properties have become more affordable in Burleigh Heads.
Aug. 26, 2019, 5:36 a.m.
Port Stephens Research Factsheet 1st Half of 2019
Port Stephens* recorded a median house price of $682,500 in Q1 2019, along with a median unit price of $442,000. This represents growth of 6.6% (house) and 0.5% (unit) over the previous 12 months (Q1 2018 – Q1 2019). When compared to the 2nd Half 2018 Port Stephens Research Factsheet, which reported annual (Q3 2017 – Q3 2018) growth of 10.0% and 14.1%, the Port Stephens* property market has continued to strengthen, though at a more subdued rate.
Aug. 26, 2019, 5:25 a.m.
Buninyong Research Factsheet 1st Half of 2019
The Buninyong housing property market has shown positive growth over the past 12 months to Q1 2019, at 2.0% and recording a median house price of $505,000. Compared to the Buninyong 2nd Half 2018 Research Factsheet, which recorded an annual (Q3 2017 – Q3 2018) median house price growth of -5.3%, house value in Buninyong has strengthened.
Aug. 26, 2019, 5:14 a.m.
Ballarat Research Factsheet 1st Half of 2019
In Q1 2019 the Ballarat property market continues to reflect a strong market, with median house price growing by 12.4% over the past 12 months (Q1 2018 – Q1 2019) to $427,250. Within the same timeframe median unit price grew by 11.3%, to $285,000. Compared to Ballarat 2nd half 2018 Research Factsheet, which recorded an annual (Q3 2017 – Q3 2018) median price growth of -3.4% (house) and 13.8% (units), house values have strengthened whereas units have remained resilient.
Aug. 26, 2019, 4:57 a.m.
Tweed Coast Research Factsheet 1st Half of 2019
Tweed Coast recorded a median house price of $795,000 and $540,000 for units in Q4 2018. This is an annual (Q4 2017-Q4 2018) median price softening of -1.8% for houses and strengthening of 4.9% for units. Compared to the Tweed Coast 2nd half 2018 Research Factsheet, which reported an annual (Q2 2017 – Q2 2018) median price change of 14.2% (house) and 31.5% (units), property in Tweed Coast have become more affordable. Overall this represents an ideal opportunity for buyers to enter the market.
Aug. 26, 2019, 4:51 a.m.
Tweed Heads Research Factsheet 1st Half of 2019
Over the past 12 months leading up to Q4 2018, the Tweed Heads market, which captures all of Tweed Shire Regional Local Government Area (LGA), recorded a median house price of $652,000. This reflected an annual (Q4 2017 – Q4 2018) median price growth of 0.3% for houses. Unit median prices in the Tweed Shire LGA also strengthened, by 3.6% to $430,000.