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State of the market Autumn 2017

Autumn update

State of the market Autumn 2017 SYDNEY, NEWCASTLE & NSW CENTRAL COAST: The Sydney boom continues as auction clearance rates exceed 80% on most weekends. The major factor we see playing out is the Supply V Demand equation. Last year in 2016, sales volumes were down by around 50% in most of the suburbs we […]

The Ugly Truth about Granny Flats article debunked

granny flat

Propertunity response to this article which appeared on http://www.realestate.com.au/news/the-ugly-truth-behind-homeowners-growing-obsession-with-granny-flats Tim McIntyre: Before you start staking out your yard, you should make sure a granny flat will suit your situation, because once it’s built, both buildings are on the one title and can’t be sold separately. Propertunity: That’s true. Tim McIntyre: This means far less potential […]

End of winter 2016 update

winter blog

Winter 2016, just passed has seen: • A softening rental market • A severe shortage of quality stock • Rising sales prices In relation to a softening rental market, some of the reason can be explained by the number of investors in the market buying properties to rent out. Normally investors are 30% of the […]

Australia’s regional areas are now under the spotlight as capital city property markets become too expensive.

wollongong-aerial

by Cameron Kusher CoreLogic 25 May 2016 As capital city property markets become too expensive and force buyers to look for more affordable alternatives, Australia’s regional areas are now under the spotlight with some of the more popular regions showing a lift in transaction levels and median values according to CoreLogic Regional Report for the […]

State of the regional markets

regional

Just a quick update for you on what is happening around the regional markets. The biggest local news would be the dismissals of both the Gosford & Wyong councils and the creation of the Central Coast council in their places: See link below: Central Coast Express Advocate Gosford 25 May 2016 http://newslocal.newspaperdirect.com/epaper/viewer.aspx?noredirect=true We will have […]