CoreLogic survey suggests residential landlords have been inclined to keep rents steady during the COVID-19 pandemic

Plenty of data suggests certain rental markets have deteriorated amid the COVID-19 pandemic. CoreLogic data showed a 0.8% decline in national rent values from the end of March to the end of August, with more acute falls in the unit markets of Sydney and Melbourne, where rent values have fallen 4.2% and 4.4% respectively over […]

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COVID-19 creates an unusual start to the spring selling season

A key takeaway from CoreLogic data amid the pandemic, is that transaction activity slows significantly in response to COVID-19 restrictions. The resulting loss of employment, lower consumer sentiment and border closures have had a much larger impact on the number of properties marketed and sold, than property prices themselves. This was seen from the Stage […]

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Understanding the best performing capital city housing market amid COVID-19

Capital city dwelling values have been affected differently across Australia in the wake of the pandemic. As well as anecdotes of demand in regional lifestyle areas, the ACT dwelling market has been the clear ‘winner’ of the capital cities, increasing 1.3% in value between the end of March and the end of July. This came […]

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Why have the capital cities performed differently amid COVID-19?

Not every Australian housing market has performed the same way since the onset of the COVID-19 pandemic. The latest CoreLogic Home Value Index results revealed that since March, Melbourne property values fell 3.5%. Meanwhile, the ACT dwelling market reached a record high. From June to July, the rate of decline eased across Perth from -1.1% […]

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What could the lasting impacts of COVID-19 be?

What are the possible long-term impacts of COVID-19, as we make our way through a year that none of us were expecting. This is the topic of a recent Oliver’s Insight where Dr Shane Oliver, Head of Investment Strategy and Economics and Chief Economist at AMP says… Let’s assume for a moment that we are able to […]

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Here’s where the biggest property price falls have been since the onset of COVID-19

The stringent government response to COVID-19 has undoubtedly placed the property market cycle at the cusp of another downswing. So far, property value declines have been fairly mild. Nationally, the May home value index results show that the dwelling market declined just 0.4% over the month, and preliminary indicators for June are showing the rate […]

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Will COVID-19 prove to be the best or worst time ever to buy residential property?

Right now you will be forgiven for thinking that the roof will cave in if you buy a residential property, as the value may plummet. After all, some headlines are currently suggesting that property prices in Australia will drop by as much as 30% (or more) resulting from COVID-19. So what do you do? It’s […]

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