Posted
at 11 March, 2024
Housing values posted a broad-based rise in February with CoreLogic's national Home Value Index (HVI) up 0.6% in February. The 20-basis point acceleration from the 0.4% increase seen in January was the strongest monthly gain since October last year.......
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Posted
at 11 March, 2024
Cost of building new homes rose by 0.8% in the three months to December 2023, with building approvals Decreasing. While the cost of building a new house rose 0.......
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Posted
at 11 March, 2024
Australia's rental crisis has crashed to a new low with fresh data revealing affordability is at its lowest level in 17 years.......
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Posted
at 28 February, 2024
Gold Coast High-Rise Apartments to Triple due to Densification.......
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Posted
at 23 January, 2024
The Spit on the Gold Coast undergoes over a Billion Dollars in Developments. Queensland's last remaining fishing co-op has been released to the market for a marine tourism development.......
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Posted
at 05 December, 2023
RBA Cash Rate stays firm at 4.35% for Christmas. The Reserve Bank of Australia (RBA) has left the cash rate at 4.......
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Posted
at 05 December, 2023
Gold Coast's First Surf Park Wins Council Backing The council in one of Australia's surfing heartlands the Gold Coast has thrown its support behind plans for the city's first wave park.......
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Posted
at 28 August, 2023
Regional markets still reeling from rising rates and shifting migration patterns Despite regional housing values rising for the past five months, a new analysis of year-on-year performance shows many markets are still reeling from high interest rates and ......
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Posted
at 05 July, 2023
Gold Coast infrastructure projects equate to healthy property investment option. Just two of the big infrastructure projects on the Gold Coast are obvious reasons that growth is rapidly increasing which makes property investment a healthy option.......
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Posted
at 05 July, 2023
Smooth sailing for July after 12 rate rises in a row the RBA keeps cash-rate at 4.1% After 12 rate rises in a row the RBA keeps rate at 4.......
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Posted
at 01 June, 2023
CoreLogic's national Home Value Index (HVI) has recorded a third consecutive monthly rise, with the pace of growth accelerating sharply to 1.2% in May. After finding a floor in February, home values increased 0.6% and 0.......
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Posted
at 05 May, 2023
Interest rates up to 3.85% and Off-The-Plan Buyers nervous. With the RBA raising the interest rate to 3.......
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Posted
at 02 May, 2023
Delusional state or is the Property Market living the Dream.......
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Posted
at 03 April, 2023
National home values up 0.6% in March After remaining virtually flat in February (-0.1%), CoreLogic's national Home Value Index (HVI) posted the first month-on-month rise since April 2022, up 0.6% in March.......
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Posted
at 08 March, 2023
Interest rates push $600,000 mortgage payments from $2,600 to $3,680 per month. The Reserve Bank of Australia (RBA) raised interest rates 0.25% yesterday the 7th of March 2023, raising the cash rate from a record low of 0.1% in May 2022 to 3.......
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Posted
at 02 March, 2023
$300 Million Mantaray Marina and Residences at The-Spit on the Gold Coast. The Spit just north of Surfers Paradise is now the focus of a $1.......
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Posted
at 02 March, 2023
RBA interest rates climb but who can govern the big banks? The table of records below show the percentage change in the cash rate and changes taken from the RBA website. 7 March 2023 +0.25 3.60 8 Feb 2023 +0.25 3.35 7 Dec 2022 +0.25 3.10 2 Nov 2022 +0.......
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Posted
at 02 March, 2023
Regional Queensland is still the big draw card for Australia's shifting population.......
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Posted
at 02 March, 2023
The most expensive home ever auctioned in Queensland sells $42 Million.......
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Posted
at 03 February, 2023
Huge investments in Build-to-Rent developments while housing supply and rental vacancies tighten.......
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Posted
at 09 January, 2023
Property sales slowing but rental supply short as the rich get richer and the needy suffer Australian Renters are still in a negative position with rental shortages and exorbitant prices holding firm.......
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Posted
at 07 December, 2022
RBA raises cash rate for the 8th month in a row from 2.85% to 3.1% The Reserve Bank of Australia (RBA) has raised rates for the 8th month in a row from 2.85% to 3.1%, lifting the official cash rate to its highest level in 10 years.......
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Posted
at 07 December, 2022
Queensland landmark energy plan blows out by $14 Billion The Queensland Government's energy plan would need $76 billion in investment in real terms by 2040, not the $62 billion currently quoted by the Government, according to the latest EY reports and mod......
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Posted
at 11 November, 2022
Australia is under-supplied of 26,000 New Homes that were not built After one of Australia's biggest property booms, we are still around 26,000 new homes short of the needed supply.......
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Posted
at 04 November, 2022
CoreLogic's home value index shows that Brisbane's house prices slumped by 2% in October, a sharper fall than in any other capital and their largest monthly decline on record. But Brisbane had a more substantial upswing of 42.7% compared to Sydney's 27.......
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Posted
at 28 October, 2022
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Posted
at 19 October, 2022
. . . Residential construction costs increased by 11.......
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Posted
at 19 October, 2022
. . . Rentals tighten, growth eases, constraints are working Australia's rental market continues to tighten to record levels, the pace of rental growth has started to ease, suggesting affordability constraints are having an impact.......
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Posted
at 19 October, 2022
. . . Reserve Bank of Australia raises cash rate by .25% to 2.60% At its meeting on 4 October 2022, the RBA Board decided to increase the cash rate target by 25 basis points to 2.60 per cent.......
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Posted
at 03 September, 2022
. . . Queensland Population Boom is good for some and sad for others The Australian Bureau of Statistics (ABS) recent National, State and Territory Population release shows our national population grew by 0.5% during 2021.......
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Posted
at 13 July, 2022
. . . Build costs soar more than $94,000 in 15 months Housing Industry Association (HIA) stats reveal house building costs jump by $94,000 in the strongest rise since 1982: ABS.......
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Posted
at 13 July, 2022
. . . RBA and Bank interest rates into the great unknown The Reserve Bank of Australia (RBA) has raised the cash rate by 50 basis points in July, taking it up to 1.35%. Australia's major banks fix rates are anywhere from 1.75% to 2.......
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Posted
at 18 June, 2022
. . . CoreLogic's Cordell Construction Cost Index (CCCI) for Q1 2022 showed national residential construction costs increased 9% over the 12 months to March 2022, the highest annual growth rate on record outside of the introduction of the GST (10.......
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Posted
at 19 May, 2022
. . . REA supports off-site construction homes that help ease the shortage. Homes that were built off-site are being transported to their destination on the Gold Coast to help families who need housing.......
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Posted
at 13 April, 2022
. . . Queensland rental crisis hurts tenants and rewards investors It's a sad situation for people who need affordable accommodation in Queensland as rental crisis pushes people to the brink.......
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Posted
at 22 March, 2022
. . . The Gold Coast Australia's Favourite City Queensland's population has spiked faster than any other state or territory, according to the Australian Bureau of Statistics.......
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Posted
at 24 February, 2022
. . . Queensland Commits $1.1bn to Pre-Olympic Rail Upgrades More than a billion dollars will be spent to bring the Brisbane-Gold Coast rail link up to scratch before the 2032 Olympic and Paralympic games. The $1.......
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Posted
at 21 February, 2022
Gold Coast quick stats......
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Posted
at 16 February, 2022
. . . Once upon a time the Gold Coast was based on Tourism, Construction, and Retail Trade, but this beautiful Region is maturing into a sustainable location with stability and serious long-term growth.......
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Posted
at 07 October, 2021
. . . Property prices raised by 6.7% or $50,000 in the June quarter 2021 According to the Australian Bureau of Statistics (ABS), property prices are now up 16.......
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Posted
at 07 October, 2021
. . . Very sad situation when young Families cannot afford to buy a home Australian housing prices rise at a rate not seen since 1989 According to CoreLogic's national home value index prices rose another 1.......
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Posted
at 09 September, 2021
. . . Property buyer demand has reached record high levels Property buyer demand has reached record high levels through extended Covid-19 lockdowns in Australia's biggest property markets with purchasers having limited choice as prices continue to rise.......
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Posted
at 02 September, 2021
. . Australian property prices are $103,400 higher than last year, CoreLogic says Sydney's median property price lifted 1.8pc to $1.04 million in August.......
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Posted
at 01 September, 2021
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Posted
at 01 September, 2021
. . . Record Sales Absorb Gold Coast Apartment Supply Red-hot demand due to pandemic-inspired sea-changers and downsizers has led to record apartment sales on the Gold Coast, dragging supply levels to new historical lows.......
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Posted
at 01 September, 2021
. . Building demand drives 1.4% quarterly increase in construction costs CoreLogic's national measure of residential construction costs show an increase of 1.4% in the three months to June 2021, outpacing the Consumer Price Index of 0.......
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Posted
at 10 August, 2021
. . . . No End to Global House Price Surge The current residential boom is unlikely to bust thanks to housing undersupply, high employment levels and a strong economic forecast underpinning the market, according to new research.......
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Posted
at 10 August, 2021
. . . Property values up 13.5% last financial year plus 1.6% in July 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.......
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Posted
at 01 July, 2021
. . . New Unit sales increase by 100% on Gold Coast. Apartment prices have increased on average by 23% over the previous year with Urbis property research saying price growth is unsustainable but sales growth could continue.......
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Posted
at 01 July, 2021
. . . Sad reality for people needing to rent a home. Over half of Australia's detached housing markets has become unaffordable for tenants as diminishing rental supply fuels large rental price increases in many areas.......
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Posted
at 10 June, 2021
. . Apartment sales on the Gold Coast have picked up pace in recent months with figures across 2021 so far outstripping the surge at the end of 2020.......
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Posted
at 07 May, 2021
. . . Record $30.2 Billion in home loans in March as property prices continue to increase through April and beyond. The latest Australian Bureau of Statistics (ABS) report shows that new home loans reached $30.......
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Posted
at 29 April, 2021
. . With extremely low interest rates driving the property industry we are seeing the result that it is cheaper to buy a home than to rent one.......
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Posted
at 07 April, 2021
. . The Gold Coast City Council is planning Density-Housing not Forest-Destruction. Interstate migration is putting pressure on the Gold Coast region with only 20% of homes deemed affordable.......
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Posted
at 07 April, 2021
. . . Properties are selling quickly across the Gold Coast. Properties are selling quickly across the Gold Coast with intense competition from; Young couples trying to secure a home as their nest-egg.......
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Posted
at 07 April, 2021
. . . RBA keeps interest rates at record low of 0.1% The Reserve Bank of Australia (RBA) has kept interest rates at its record low of 0.......
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Posted
at 05 March, 2021
. . . CoreLogic research has revealed that Australia's property prices rose 2.1% in February, marking their strongest national growth in 17 years with simultaneous rises across every state and territory which coincide with the record low interest rates.......
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Posted
at 24 February, 2021
. . . . Westpac's senior economist Matthew Hassan said the state's markets were now very tight with "sales running well ahead of listings and extremely tight rental vacancy rates in most areas" tipping the market into a boom.......
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Posted
at 16 February, 2021
. . The Commonwealth Bank (CBA) is forecasting a surge in house prices over the next two years of up to 16%, while unit price-growth will be more muted at 9%.......
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Posted
at 04 February, 2021
. . We have seen some of the strongest signs of stability, growth and demand in the Gold Coast's Property Market through the pandemic, due to the Gold Coast's clean warm healthy climate and liveability aspects.......
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Posted
at 25 January, 2021
. . Demand for Gold Coast homes to renovate is stronger than new home sales. There were 75,143 households apply for the $25,000 home grant under the Home-Builder scheme as at the end of December 2020, that's nearly double Federal Treasury forecasts.......
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Posted
at 20 January, 2021
. . . . Analysts at the Reserve Bank have projected house prices could increase by 30 per cent over the next three years if low interest rates prevail.......
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Posted
at 04 November, 2020
. . The Reserve Bank of Australia (RBA) drops cash rate to historic low of 0.1% which fuels property market Historically cuts to interest rates have fuelled housing market activity and generally put upwards pressure on dwelling prices.......
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Posted
at 02 November, 2020
. . . . Gold Coast Homes maintain amazing stability and value Over the years many Gold Coast residents, particularly within the rental sector, have exited the Gold Coast and returned to their Family homes in Melbourne, Sydney etc.......
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Posted
at 08 October, 2020
. . . Fast-tracked tax cuts for 11 million Australians, wage subsidies for young workers and business incentives underpin a big-spending federal budget aimed at creating jobs to drive Australia out of the coronavirus recession.......
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Posted
at 01 September, 2020
. . Migration to the Gold Coast from Melbourne and Sydney is picking up pace rapidly There have been some substantial property purchasers on the Gold Coast from Melbourne and Sydney Buyers over the past few months.......
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Posted
at 11 August, 2020
. . . Plans are picking up steam to connect the Gold Coast light rail to the airport and create a pedestrian "ocean-way" along Palm Beach.......
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Posted
at 11 August, 2020
. . Queensland Gold Coast property market may avoid a predicted downturn due to the coronavirus pandemic with an increase in the number of interstate buyers looking for not only a sea change, but a clean warm healthy change of lifestyle.......
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Posted
at 18 July, 2020
. . The Australian Bureau of Statistics (ABS) reported that 33,712 Australians refinanced a record $15 billion worth of mortgages in the month of May due to customer reaction as the country's first recession in nearly 30 years hits home.......
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Posted
at 08 July, 2020
. . . The Aria Property Group has lodged plans to build a 30-storey tower with 382 apartments, a two level of residents rooftop entertaining area, plus a 1,350sq metre public park at the base of the building, and a ground floor retail component.......
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Posted
at 12 June, 2020
. . . This is an interesting article by Ilan Wiesel, Liss Ralston, and Wendy Stone A housing boom that lasted from the mid-1980s with only minor interruptions has added to rising income inequality in Australia.......
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Posted
at 08 June, 2020
. . Everyone thinks China is buying up Australia but the USA is buying far more In the 1960s and '70s the USA was purchasing Australia, then it was Japanese investment in the 1980s, and in 2019 China invested $78.2 billion in Australia. But China's $78.......
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Posted
at 04 June, 2020
. . Government gives $668-Million to Wealthy for Home Renovations but the Needy go without Morrison and Frydenberg announced the details of the Government's $688-Million home-builder-scheme.......
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Posted
at 04 June, 2020
. . . The New Tweed $673.2 Million Hospital Project is a Winner The Tweed Valley Hospital Development valued at $582 Million has had a significant top up with the State Government announcing it would invest an extra $91.......
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Posted
at 11 May, 2020
. . . Lessons can be learned from the Covid-19 pandemic to design people-friendly buildings and cities that embrace the natural environment and make us more resilient to future pandemics.......
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Posted
at 05 May, 2020
. . . . The Clean Energy Council's 'A Clean Recovery' outlines a plan to utilise Australia's extraordinary renewable energy and energy storage potential to jumpstart Australia's economic resurgence.......
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Posted
at 13 April, 2020
. . . Australia was once a reasonably self-sufficient Nation who prided itself on quality products which were sought after internationally because of our high standards and regulations.......
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Posted
at 19 March, 2020
. . RBA cuts rate to record low 0.25% Starts up the cash printing with quantitative easing The Reserve Bank (RBA) has cut interest rates to an all-time record low of 0.......
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Posted
at 17 March, 2020
. . . . With all the talk of doom and gloom over Covid-19, which is based on fact if you get it from a reliable source. The Gold Coast has surprised us over the past few weeks with signs of growth and demand as buyers pick up pace, not slow down.......
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Posted
at 03 March, 2020
. . . Predictions were correct with Australia's Interest Rate plummeting to an all time Record Low 0.5% The Government has also instructed the major Banks to follow suit and reduce the home loan rate to help all Australians.......
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Posted
at 28 February, 2020
. . Corelogic data has revealed that more than a third of properties across Australia, being 33.9% are enjoying mortgage repayments that are less than the average weekly rental payments.......
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Posted
at 27 February, 2020
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Posted
at 26 February, 2020
. . . Brisbane-based developer Spyre Group is set to replace a 12-year-old apartment block with an 18-storey apartment tower on Burleigh's The Esplanade.......
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Posted
at 11 February, 2020
. . . Australia's housing market looks set to make a full recovery by April after reaching its bottom last year, with the latest market research showing owner-occupiers lead the charge. National dwelling values bottomed out 8.......
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Posted
at 07 January, 2020
. . . All future high-rise developments along The Spit will be restricted to a three-storey limit following community backlash against the masterplan.......
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Posted
at 07 January, 2020
. . . Local motorists have been given their first look at the much-anticipated $1 billion M1 upgrade from Varsity Lakes to Tugun.......
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Posted
at 07 January, 2020
. . . The Gold Coast's international education sector could soon be worth $1 billion according to new data revealing growth in the burgeoning industry.......
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Posted
at 02 August, 2019
. . . . . Australia's recent housing market weakness has been attributed to a lack of demand, and not a glut of new supply coming onto the market, says the nation's largest mortgage lender.......
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Posted
at 24 July, 2019
. . . . Twenty years ago about a quarter of Australians 27 per cent rented, but this figure has increased as the number of Australians owning their own home has fallen.......
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Posted
at 19 July, 2019
. . . Property analysis firms SQM Research, Domain and CoreLogic, AMP Capital chief economist Shane Oliver who was one of the first to tip the big downturn, BIS Oxford Economics, ANZ, and the Reserve Bank of Australia.......
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Posted
at 12 July, 2019
. . . . . While much has been made of Australia's $7 trillion housing market bottoming out in 2019, strong auction results, improving access to finance and interest rate cuts has prompted forecasts that the trough may be brought forward.......
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Posted
at 08 July, 2019
. . . . Lower housing values are becoming increasingly attractive to first home and prospective buyers previously priced out of the market.......
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