Is the COVID crisis driving a tree change?

One of the things that interests me about real estate reporting is the way that some media report on Australia’s “property market”. The truth is, there is no single property market in Australia – instead, there are hundreds (perhaps even thousands) of smaller property markets across the country, each operating with their own unique drivers […]

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Despite Covid 19 Australia has 46 NEW million-dollar suburbs

Believe it or not…Australia has 46 new million-dollar suburbs despite the Coronavirus induced recession. Melbourne saw median house prices in 24 suburbs exceed the seven-figure threshold this year, while Sydney had 15 and Brisbane, seven. ​Despite everything that’s been thrown at them, our property markets have remained remarkably resilient. And the upper end of the […]

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COVID driven housing moves through a third month of orderly decline

Australian housing values racked up a third consecutive month of declines in July, with CoreLogic’s home value index dropping 0.6% over the month, a slight improvement from June when the national series was down 0.7%. Across the capital cities, only Canberra (+0.6%) and Adelaide (+0.1%) posted a rise in dwelling values over the month, while […]

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