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May 29, 2019, 12:04 a.m.
Central Coast Postcode 2259 and 2261 Property Factsheet 1st Half 2019
Over the past 12 months to Q4 2018, the Central Coast area, particularly that of postcodes 2259 and 2261 recorded a median house price of $600,000. This reflected an annual (Q4 2017 – Q4 2018) softening of -3.2%. Median unit price slightly decreased, by -1.3% to $430,000 during this time frame. By comparison the Central Coast 2nd half 2018 Research Factsheet reported a 4.7% median price growth for house and stable growth for units between Q3 2017-Q3 2018. The Central Coast property market has become more affordable.
May 28, 2019, 11:55 p.m.
Postcodes 2264 and 2265 Property Factsheet 1st Half of 2019
The property market in postcodes 2264 and 2265 recorded a median house price of $545,000 in Q4 2018. This reflected an annual (Q4 2017 – Q4 2018) median price softening of -5.2%. On the other hand, the median unit price strengthened during this timeframe, by 1.7% to $390,000. By comparison the Postcodes 2264 and 2265 2nd half 2018 Research Factsheet reported a 6.4% median price growth for house and 8.2% for units between Q3 2017-Q3 2018. This suggests properties in postcodes 2264 and 2265 is now more affordable
May 20, 2019, 4:43 a.m.
Q2 2019 Key Market Indicators
Australian consumer sentiment read 100.7 index points in April 2019, exactly on the positive line of 100 index points, indicating that in general, Australians have a positive yet cautious outlook on the economy. This is interesting as the current consumer sentiment is on a -1.7% decline compared to 12 months ago (April 2018), which does not come as a surprise given past events such as: the Royal Banking Commission’s enquiry into the banking and financial sector, the handing down of the Federal Budget 2019, and the announcement of the 18 May 2019 Federal elections.
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.
Jan. 8, 2019, 11:39 p.m.
Central Coast Property Factsheet 2nd Half 2018
Now is the perfect time for investors and first home buyers to enter postcodes 2259 and 2261 property market, as it is expected to have significant growth due to the $116.1M worth of projects planned for the 2nd half of 2018. This complements the increasing population and great housing demand in the area.
Jan. 8, 2019, 11:29 p.m.
Postcodes 2264 and 2265 Property Factsheet 2nd Half 2018
The property market of postcodes 2264 and 2265 has strengthened over the past 12 months to Q3 2018, by 6.4% to $593,000 for houses and by 8.2% to $397,500. The Lake Macquarie Local Government Area (LGA) recorded a median house price of $570,000 and median unit price of $450,000, which is representative of an annual (Q3 2017-Q3 2018) 1.0% strengthening in median house prices and a stable unit market. Compared to the Lake Macquarie City Council (LGA) the house market in postcodes 2264 and 2265 are a premium market, from both entry price and capital growth perspectives. The unit market is more affordable, yet with higher capital growth.
Dec. 3, 2018, 4:36 a.m.
Sydney - Affordable & Liveable Property Guide 2nd Half 2018
Between 2017 and 2018, Sydney Metro median house prices have softened by -5.6%, whilst units have softened by -2.5%. Affordable options can be found in Sydney’s South Western suburbs.
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.