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March 24, 2019, 11:29 p.m.
Ready, Set, Go… Regional! – Top 12 Affordable Hotspots 2019
Finding an affordable option in Australian capital cities is not easy, especially when you are a first home buyer. Australia’s home loan affordability index has been at the lower end of the scale since its peak in 1993 and 2002, with December 2018 figures showing a marginal improvement of 1.3% over the past 12 months.
March 5, 2019, 1:34 a.m.
Manufactured Home Estates: An Affordable Retirement Option?
The pressure of Australia’s ageing population and growing desire for affordability calls for an investigation into the diversity of housing options. According to the Australian Bureau of Statistics (ABS), during 2016 there were 3.7 million Australians aged over 65 years, representing 15% of the population. This is a significant increase from the 1976 ABS figure of 1.3 million people aged over 65 years, representing only 9% of the population.
Feb. 17, 2019, 11:18 p.m.
Q1 2019 Key Market Indicators – New South Wales
New South Wales (NSW) continued to showcase strong economic fundamentals towards the end of 2018, preparing it for a strong performance in 2019. NSW earned 5 silver awards nationally in the PRDnationwide Q1 2019 Key Market Indicator Awards for: most improved number of first home buyer loans, highest number of first home buyer loans, highest number of dwelling approvals, most improved unemployment rate, and highest median growth in weekly family incomes. NSW also earned bronze awards nationally for lowest unemployment rate and highest nett migration.
Jan. 29, 2019, 1:39 a.m.
Tamworth Research Factsheet 2nd Half 2017
Tamworth is the major regional center for the New England region, located almost midway between Brisbane and Sydney. Tamworth is becoming an increasing dominant regional service center, underpinned by a strong regional economy.
Jan. 29, 2019, 1:39 a.m.
Tamworth Property Factsheet 1st Half 2018
The Tamworth property market recorded a median house price of $377,500 and $239,625 for units in Q1 2018, which represents an annual price change of 11.0% and -5.8% respectively. Over the same time, house prices in the Tamworth Regional Council Local Government Area (LGA) grew by 10.8% to $360,000 and unit prices softened by -13.5% to $220,200. This suggests that Tamworth offers a more premium market than the wider LGA. Buyers are urged to capitalise on this rare opportunity now.
Jan. 29, 2019, 1:39 a.m.
Tamworth Property 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.
Jan. 29, 2019, 1:39 a.m.
Tamworth Property Factsheet 1st Half 2017
Looking for a high growth area with attractive investment returns? Tamworth proves to be an attractive market as rental yields sitting at 5.5% (houses) and 4.6% (units) which is higher than Sydney’s 3.9% (houses) and 3.8% (units).
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.
Nov. 21, 2018, 4:39 a.m.
Q4 2018 Key Market Indicators
As 2018 closes, it is time to celebrate some wins, the most notable of all being positive consumer sentiment and growth in the number of first home buyer loans. The Australian consumer sentiment index recorded 104.3 points in November 2018, which is above the positive mark of 100 index points, and represents a 4.6% growth over the past 12 months. This suggests increasing confidence in the economy, which after a year of federal budgetary and politics changes, is a positive way to end the year. A more confident society will have a higher tendency to spend, which will have a positive multiplier effect on the economy as a whole, be it in the retail sector, hospitality, property, and others.