With industry research indicating property values are consistently rising at 0.7% – that’s on track for an annual growth rate of 8.4% – it’s a valuable exercise to validate reported market trends using data from the Australian Bureau of Statistics (ABS). The total value of residential dwellings in Australia rose $213.8 billion to $11.56 trillion…
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Limited stock of homes for sale is helping to push values higher as the spring selling season gets into full swing. Deal values have continued to edge higher every month since February, according to the latest data from industry researcher Cotality (formerly CoreLogic). The market has registered another 0.7% upswing for August. For metropolitan areas,…
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The industry research is clear cut – prices are rising consistently at 0.7% a month, and there are approximately 20% fewer properties on the market this spring than the five-year average for this time of year. That’s tough news for buyers. While we’ve experienced three interest rate cuts since February – and all the major…
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Buying the first family home is a landmark moment in most people’s lives. For Australians, it’s seen as a rite of passage. Having somewhere to raise your children is a fundamental pillar of our society. Buyers are right to want to take their time and make the right choice. For some families, you may stay…
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Buying an apartment requires a different approach to purchasing a house – you have an ownership structure to consider, along with strata fees and investment potential. In today’s fast-paced market, an increasing number of first-time buyers and investors are now tailoring their expectations to encompass apartments. As house prices accelerate in the current climate, an…
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The weather is warming quickly after the cool and often wet days of winter, and this means it’s a great time to get into the garden and start preparing your plants for the summer heat. For many owners, their roses are their pride and joy, but they can come under significant stress when the mercury…
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The arrival of spring and the bloom of many trees and shrubs often encourages us to start thinking about our gardens and how we can prepare them so we can entertain family and friends during the long, hot days of the coming summer. If you’re in this frame of mind right now, you should take…
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Maximising the value of their home should be the goal of any owner planning to enter the market. Momentum has swung to the seller in the last few months with steady monthly price increases, three interest rate cuts this year and an estimated 20% shortfall in housing stock that would have normally been for sale…
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The monthly volume of home sales has now risen 11.2% since March and there are predictions across the real estate sector that the Canadian market is beginning its long-awaited bounce back. After the threat of significant US tariffs put a brake on transactions earlier this year, Canadians have started to regain confidence in the economy,…
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For many Australians, it’s been a long, wet winter that will have increased the possibility of pests such as mice and cockroaches finding warm refuge in the nooks and crannies of your home. Spring is a great time to consider commissioning a pest inspection as part of your property’s maintenance program. As any real estate…
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