Source: Pete Wargent, Wargent Advisory We should expect to see variations around the country for residential housing in 2018. For example, the Hobart market is extremely tight and there will be ongoing price gains there, and some peri-urban regional markets in New South Wales & Victoria are tracking well. Overall, though, access to credit is being squeezed at present, and on average that means lower price growth and less investor activity. There is a possibility that after the ...

Source:  Peter O'Malley - Inside Real Estate 8 issues that will determine the year ahead Forecasting the performance of the property market in 2018 is anyone's guess. Depending on what you believe, boom/ bust or somewhere in between, you are sure to find an analyst that agrees. The issue with making a forecast is one tends to be prone to confirmation bias. 'A confirmation bias is a type of cognitive bias that involves favoring information which confirms previous...

Source:  Brisbane Times The imminent arrival of online giant, Amazon, has seen a surge in demand for industrial warehouses, with gross leasing activity accelerating past historical benchmarks in the third quarter of 2017, according to JLL research. This has been particularly prominent along the eastern seaboard. Amazon has its first base in Dandenong, in south-east Melbourne, and is said to be preparing for a pre-Christmas "launch". It is believed to be...

Source:  Australian Property Journal CHINA'S tightening on capital movement out of the country has tempered buyers demand in the Australian residential market, however the surge in apartment construction continues to pose the greatest risk. The Reserve Bank of Australia's head of financial stability, Jonathan Kearns, told the Aus-China Property Developers, Investors & Financiers lunch in Sydney yesterday that the capital controls had seen purchases of new propertie...

Source:  Corelogic Dwelling value growth has slowed as demand from investor's falls; is this just a coincidence or does it highlight just how reliant the housing market has become on demand from the investor segment? Over the past five years, dwelling values nationally have increased by 39.3% largely driven by Sydney and Melbourne where values have increased by a much larger amount.  At their peak in May 2015, investors accounted for 54.8% of new (excluding refina...

Source:  Brisbane Times A senior Reserve Bank official has flagged concerns about the "awful lot" of apartments due to flood the Brisbane property market, and the potential hit facing investors who had bet on making capital gains. Michele Bullock, assistant governor for the financial system, on Thursday signalled that the RBA's long-running worries about an oversupply of apartments were most acute in relation to Brisbane, but it was more comfortable with the wave...

Source:  Brisbane City Buzz - BeesNees City Realty   Few things are more on the mind of inner-Brisbane property investors right now where's the rental market headed? The media clamor for new data and are being fed by property developers and others with an interest in positive spin, along with those "independent" commentators who would like investors to put their savings into another place, and can only see the sky falling on our market. So here's our...

Source: CoreLogic   Over the 12 months to May 2017, only 4.8% of all houses nationally actually sold highlighting just how little stock sells in a given 12 month period. Across house sales over the past 12 months, Tasmania saw the highest proportion of stock turning over with 5.6% of all houses in the state selling.  Conversely, Western Australia saw the lowest proportion of turnover with just 4.0% of all houses selling over the past year.  % of total houses ...

Source:  CoreLogic
CoreLogic August home value index results for the month confirm a slowdown in housing market conditions in Sydney, while Hobart emerged as the country's best performing capital city based on growth in dwelling values over the past twelve months. National dwelling values remained flat during August, with capital city values edging 0.1% higher. Simultaneously, regional dwelling values slipped 0.2% lower.  According to CoreLogic head of research Tim Law...

Source:  Kieran Clair According to a major analyst, half of Brisbane's off-the-plan (OTP) units could be classed a 'settlement risk.' Speaking at the Australian Property Institute's Brisbane conference today, CoreLogic head of research, Cameron Kusher, said his company tracked the proportion of OTP sales where their independent valuation was lower than their sale price. "In Brisbane, about 50 per cent of those valuations are coming in below the actual ori...