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April 16, 2012, 2 p.m.

Wagga Wagga Property Watch Q1 2012

Wagga Wagga City Council Market Overview Wagga Waggas location, on the main transport route between Sydney and Melbourne, and its function as administration centre for the wider Murrumbidgee region have helped it to become NSWs largest inland city, with a population of approximately 63,500 residents. The healthcare and social assistance, retail trade and accommodation, and food industries are the Citys largest employers, supported by strong financial and public administration sectors. The Wagga Wagga local government area (LGA) experienced a sharp drop in residential sales activity between the December 2007 and June 2008 half year period. This was followed by an ...

April 2, 2012, 2 p.m.

Melton Property Watch Q1 2012

This report analyses the current trends and performance of the Melton Local Government Areas (LGA) house, unit and vacant land markets. It further highlights the regions local trends to provide an understanding of the type of real estate product in demand by the local market. Area Characteristics The Melton LGA encompasses almost 530 square kilometres, with its closest perimeter approximately 20 kilometres west of Melbournes CBD. The region comprises of 20 suburbs and has been earmarked as a key growth corridor for Victoria, with much of Melbournes urban sprawl already encroaching the LGAs eastern border. With strong population growth driving ...

March 28, 2012, 1 p.m.

Penrith Property Watch Q1 2012

The Penrith City Council is located on the Great Western Motorway and the Blue Mountain rail line, with the Penrith city centre providing services to a catchment area that also includes the Blue Mountains. The Council area is well supported by health, transport, sports and shopping facilities, adding to the amenity of the region. The local government area (LGA) is growing, albeit at a slower pace than the Sydney Metropolitan average, with government estimates predicting a 1% per annum population growth. It is expected that 211,000 residents will live in the City by 2031 compared to approximately 175,000 in 2012. ...

March 28, 2012, 1 p.m.

Mildura Property Watch Q1 2012

This report analyses the current trends and performance of the Mildura Region house, unit and land markets. It further highlights this regions characteristics to provide an understanding of potential future trends and the type of product in demand by the local market. For the purposes of this report the Mildura region comprises the neighbouring suburbs highlighted in the map to the right. Area Characteristics Positioned alongside the banks of the Murray River, Mildura is located in the far north-west corner of Victoria, with many of its neighbouring suburbs crossing the river boarder into New South Wales. Located approximately 475 kilometres ...

March 20, 2012, 1 p.m.

Horsham Property Watch Q4 2011

In Brief Horshams median house sale price reached a new high of $211,000 culminated from a ten year low transaction level of 116 sales The median sale price for Horshams vacant land has grown strongly to close at $91,250 for the six months to June 2011 Scope This report analyses the current trends and performance of the Horsham Local Government Areas (LGA) house and vacant land and unit markets. It further highlights the areas characteristics and demographic trends to provide an understanding of the type of real estate product in demand by the local market. Area Characteristics Located in the ...

March 20, 2012, 1 p.m.

Coolangatta Property Watch Q1 2012

The Coolangatta Area property market has recorded a historic low in sales activity over a single half year period, with a total of 168 house and unit sales registered in the six months to December 2011. House sales have fallen a notable 44.6 per cent from that recorded in the June 2011 half year period, with unit sales experiencing a more subtle decrease of 8.7 per cent over the same period. Sales volumes for the year 2011 are in fact less than that recorded in 2008 amid the Global Financial Crisis (GFC). At this point in time, economic recession induced ...

March 19, 2012, 1 p.m.

Coffs Harbour Property Watch Q1 2012

The City of Coffs Harbour is a coastal local government area (LGA) located on NSW Mid-North Coast, 430 kilometres north of Sydney. Cycles of expansion and consolidation have dominated the Coffs Harbour market over the past twenty years, providing good returns and capital appreciation over the long term. The coastal part of the LGA can be divided into four regions. The southern part surrounds the town of Sawtell, while Woolgoolga and Sandy Beach are the main centres in the northern region, and Sapphire Beach, Korora and Moonee Beach make up the adjoining region between Sandy Beach and Coffs Harbour. Many ...

March 19, 2012, 1 p.m.

Burleigh Heads Property Watch Q1 2012

The following Property Watch report is the result of an investigation into the historic and current market trends of the Burleigh Heads Area, which encompasses the suburbs of Burleigh Heads, Burleigh Waters, Miami and Varsity Lakes. The Burleigh Heads Area property market has experienced a notable drought in sales performance in the year to December 2011, recording a fall of 8.1 per cent in house sales activity and 13.1 per cent in unit sales activity. During the six months to December 2011, the house market registered a total of 204 transactions, which was only eight less than that registered in ...

March 15, 2012, 1 p.m.

Goondiwindi Property Watch Q1 2012

The Goondiwindi property market has experienced a notable drought in sales since the Government driven stimulus period of 2009. Since 2009, sales for houses and units have decreased by 33 per cent per annum, recording 29 house sales and four unit sales in the second half of 2011. This is significantly below the average 66 house sales per six month period over the past ten years. Certainly buyers have been more stringent in the market, but it has been the effect of the Queensland floods in the beginning of 2011 that caused buyer activity to be at its lowest level ...

March 15, 2012, 1 p.m.

Ararat Property Watch Q1 2012

IN BRIEF The median sale price for houses softened to close the September 2011 six month period at $167,500 culminated from a total of 62 transactions. The unit market closed the six months to September 2011 with a new high median price of $257,000 Scope This report analyses the current trends and performance of the Ararat Local Government Area (LGA) house and vacant land markets. It further highlights the areas characteristics and demographic trends to provide an understanding of the type of real estate product in demand by the local market. Area Characteristics While the central township of Ararat is ...