Posts by Bruce McCray
Housing turnover reaches the highest level in nearly 12 years
16 Sep 2021 CoreLogic estimates there were almost 598,000 house and unit sales across Australia over the year ending August 2021; the highest number of annual sales since 2004 and a 42% lift on the annual number of sales over the previous 12-month period. Nationally, the number of dwellings sold over the past year was…
Read MoreAustralian dwelling values finish the financial year 13.5% higher, but a loss of momentum is clear
Eliza Owen 1 Jul 2021 National home values rose 1.9% in June, taking annual growth to 13.5% for the financial year. The growth in Australian dwelling values was led by houses, which rose 15.6% over the year, compared to a 6.8% lift in unit values. CoreLogic Head of Research for Australia, Eliza Owen noted “This…
Read MoreAustralian dwelling values finish the financial year 13.5% higher, but a loss of momentum is clear
Eliza Owen 1 Jul 2021 National home values rose 1.9% in June, taking annual growth to 13.5% for the financial year. The growth in Australian dwelling values was led by houses, which rose 15.6% over the year, compared to a 6.8% lift in unit values. CoreLogic Head of Research for Australia, Eliza Owen noted “This…
Read MoreAustralian dwelling values finish the financial year 13.5% higher, but a loss of momentum is clear
Eliza Owen 1 Jul 2021 National home values rose 1.9% in June, taking annual growth to 13.5% for the financial year. The growth in Australian dwelling values was led by houses, which rose 15.6% over the year, compared to a 6.8% lift in unit values. CoreLogic Head of Research for Australia, Eliza Owen noted “This…
Read MoreAustralian housing market surpasses $8 trillion valuation
CoreLogic 7 May 2021 CoreLogic today announced its estimate of the total value of residential real estate in Australia has reached $8.1 trillion. The surge in value follows the recent broad-based capital gains witnessed across the country, with many markets now at their peak. CoreLogic head of research, Eliza Owen, says “The Australian dwelling market…
Read MoreSell at Auction or Private Sale?
Selling by auction or private sale is a highly debated topic in the real estate industry. Whilst many would argue that auctions are the best way to secure the highest sale price for your property given the competitive nature of buyers on the day, others believe private sale is the way to go. So which is…
Read MoreHome prices are starting to surge at the high end of capital city markets
The latest home value index results from CoreLogic showed the strongest monthly rate of growth in national dwellings since August 2003. A striking feature of the current upswing is the pace at which the ‘high’ end of the market has risen in recent months. The ‘high’ end of a market is measured by CoreLogic in its ‘tiered…
Read MoreSuburb Profile Report Carlton
The size of Carlton is approximately 2.1 square kilometres. It has 2 parks covering nearly 0.3% of total area. The population of Carlton in 2011 was 9,808 people. By 2016 the population was 10,734 showing a population growth of 9.4% in the area during that time. The predominant age group in Carlton is 30-39 years.…
Read MoreSuburb Profile Report Bexley
The size of Bexley is approximately 4.3 square kilometres. It has 15 parks covering nearly 5.7% of total area. The population of Bexley in 2011 was 19,067 people. By 2016 the population was 19,720 showing apopulation growth of 3.4% in the area during that time. The predominant age group in Bexley is 30-39 years. Households…
Read MoreSuburb Profile Report Kogarah
The size of Kogarah is approximately 2.7 square kilometres. It has 9 parks covering nearly 12.7% of total area. The population was 15,990 in 2016. The predominant age group is 30-39 years. 33.3% of people were born in Australia. The next most common countries of birth were China 11.1%, Nepal 10.2%, India 5.9%, Bangladesh 4.5%…
Read More