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Feb. 17, 2019, 11:10 p.m.
Q1 2019 Key Market Indicators – South Australia
South Australia (SA) showed steady economic fundamentals in late 2018, which are set to continue in 2019. The unemployment rate in SA was 5.9% in December 2018, which showed no change when compared to the 12 months prior. This is good news, as there has been no loss in the number of people employed and contributing towards the economy.
Feb. 17, 2019, 11:06 p.m.
Q1 2019 Key Market Indicators – Tasmania
The number of first home buyer loans approved in Tasmania (TAS) in the September quarter of 2018 was 483 loans, which is a significant 25.1% increase compared to the 12 months prior. This has earned TAS a gold award nationally in the PRDnationwide Q1 2019 Key Market Indicator Awards, for the most improved number of first home buyer loans. This confirms TAS as a haven for first home buyers, as it eclipses the 12-month growth to March quarter 2018 of 6.9%, and the June quarter 2018 of 20.5%.
Feb. 17, 2019, 11:02 p.m.
Q1 2019 Key Market Indicators – Victoria
Victoria (VIC) continues to prove itself as “the winning state” as we enter 2019, earning the highest number of gold awards nationally in the PRDnationwide Q1 2019 Key Market Indicator Awards. VIC earned gold awards nationally for: highest number of first home buyer loans, highest number of dwelling approvals, most improved unemployment rate, highest growth in median weekly family income, and highest nett migration.
Feb. 17, 2019, 10:51 p.m.
Q1 2019 Key Market Indicators – Western Australia
Western Australia (WA) had the highest growth in home loan affordability across Australia, taking out the gold award nationally at the PRDnationwide Q1 2019 Key Economic Indicator Awards. The home loan affordability index grew by 5.3% over the past 12 months (to the September quarter of 2018), sitting at 44.0 index points. This is significantly higher than New South Wales (27.3 index points), Victoria (29.5 index points), and Queensland (35.5 index points), as well as the Australian average of 31.9 index points.
Feb. 13, 2019, 6:49 a.m.
Ashmore Research Factsheet 1st Half of 2019
Ashmore* recorded a median house price of $586,500 and $334,000 for units in Q4 2018. This represented an annual (Q4 2017-Q4 2018) price softening of -5.4% for houses and -3.5% for units. Compared to the Ashmore* 2nd half 2018 Research Factsheet, which reported an annual (Q2 2017 – Q2 2018) price change of 1.5% (house) and 2.8% (units), properties in Ashmore* has become more affordable. Now is an ideal time for first home buyers to tap into the market and take advantage of a softening market.
Feb. 4, 2019, 1:51 a.m.
Inner-Brisbane Apartments Report 2019
The future development pipeline is a cause for concern for investors and owners alike, with fears that incorrect stock selection could compound price and cause oversupply issues, due to the increased apartment development in Brisbane since 2015.
Jan. 10, 2019, 2:23 a.m.
Port Stephens Research Factsheet 2nd Half of 2018
The Port Stephens property market recorded a median house price of $671,000 and $470,000 for units in Q3 2018, which represents an annual (Q3 2017-Q3 2018) price growth of 10.0% and 14.1% respectively. Compared to the Port Stephens 1st half 2018 Research Factsheet, which reported an annual (Q1 2017 – Q1 2018) median price growth of 2.7% (house) and 6.4% (units), the property market in Port Stephens have strengthened.
Jan. 10, 2019, 2:11 a.m.
Inner North Research Factsheet 2nd Half 2018
The Inner North recorded a median house price of $1,050,000 and $500,000 for units in Q3 2018, which represented an annual (Q3 2017 – Q3 2018) price change of 18.4% and 11.1 % respectively. Compared to the Inner North 1st Half 2018 Research Factsheet, which reported an annual (Q1- 2017- Q1 2018) price change of 10.3 % (house) and 5.2% (units), both houses and units in the Inner North* have strengthened in value.
Jan. 10, 2019, 2:01 a.m.
Mildura Research Factsheet 2nd Half 2018
Mildura recorded a median house price of $280,000 and $210,000 for units in Q3 2018, which represents annual (Q3 2017- Q3 2018) price change of 9.4% and 10.5% respectively. Compared to the Mildura 1st half 2018 Research Factsheet, houses in Mildura have strengthened in value whereas units have become more affordable.
Jan. 9, 2019, 6:53 a.m.
Dapto Research Factsheet 2nd Half 2018
The Dapto market recorded a median house price of $620,000 and median unit price of $550,000 in Q3 2018, which represented an annual (Q3 2017 – Q3 2018) price change of 1.6% and -3.1% respectively. Compared to Dapto 1st Half 2018 Research Factsheet, which reported an annual (Q1 2017 – Q1 2018) median price change of 12.2% (house) and 3.6% (units), properties in Dapto have become more affordable.