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Q1 2019 Key Market Indicators - WA

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.

Factsheet 1st Half 2019

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.

Inner-Brisbane Apartments Reports 2019_tmb

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.

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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.

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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.

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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.

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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.

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Jan. 9, 2019, 6:43 a.m.

Camden Haven Research Factsheet 2nd Half 2018

Laurieton is the largest town in Camden Haven district, a coastal area on the Mid North Coast of New South Wales (NSW). According to ABS Census 2016 only 8.0% of private dwellings were unoccupied, lower than the Australian average of 11.2%. This is good news for investors looking to enter the market.

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Jan. 9, 2019, 6:28 a.m.

Tamworth Research Factsheet 2nd Half 2018

The Tamworth property market recorded a median house price of $386,000 and $320,500 for units in Q3 2018, which represented an annual (Q3 2017-Q3 2018) price change of 10.3% and -4.3% respectively. Compared to the Tamworth 1st half 2018 Research Factsheet, which reported an annual (Q1 2017 – Q1 2018) median price growth of 11.0% (house) and -5.8% (units), the property market in Tamworth have remained relatively stable.

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Jan. 9, 2019, 1:30 a.m.

Carina and Carindale Research Factsheet 2nd Half of 2018

Carina/Carindale is approx. 10kms east of Brisbane CBD. According to ABS Census 2016 6.3% of private dwellings were unoccupied, a slight increase from the 5.7% reported in 2011. This creates an ideal market for first home buyers.