Tag: sydney Property Market Archives

• Both Sydney and Melbourne throw up high auction clearance rates

  May 4, 2013

  Sydney and Melbourne both threw up very high success rates for the weekend auction clearance. While Sydney’s rate stood at 78.1%, Melbourne held itself in good stead with a figure of 71%. Jonathan Chancellor for the Property Observer writes that the Prestige Market has picked up considerable momentum when compared to the same time last…

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  Tagged: sydney property market

• Sydney Home Values Surpass Their Previous Peak

  April 29, 2013

  In his latest article, Cameron Kusher, senior research analyst at RP Data, states that home values of mid-range suburbs across Australia’s capital cities have increased this year. In Sydney, housing prices for both the mid-priced and the most affordable segment have risen above their previous peak this year. On the other hand, home values of the…

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  Tagged: sydney property market

• Population growth should bode well for the Australian housing market

  April 21, 2013

  Australian population is growing at a good rate and it augurs really well for real estate. Macroeconomics suggests that population growth is always a key indicator for the property market. For an year upto September 2012, the population spurted by 1.71%, says Michael Yardney for the Property Update. This is much higher than the 30…

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• Addressing infrastructure issues is key to Sydney’s future development

  April 19, 2013

  The key to Sydney’s future development lies in dealing with infrastructure issues Sydney has to achieve growth and expansion for the sake of future generations writes Martin Bregezzo in a new article for the Property Observer. There have been several promises as how easy and affordable it is to build half a million new homes.…

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• Baby boomers push up demand for apartments

  April 9, 2013

  Baby boomers or those born between 1946 and 1964 are looking at their post-retirement lives today. Well! How does it connect to the property market? Truth be told, it can have a huge impact on the real estate scene and older people might just turn out to be the next big force in the property…

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• Middle-priced housing sector is most responsive

  April 4, 2013

  Home values for dwellings (attached and semi-attached homes) reported a leap of 2.8% over the March quarter. Michael Yardney for Property Update suggests how each area has done well, with Perth showing highest growth and every capital city, except Adelaide, contributing to the total sum. Middle-priced housing sector is exhibiting maximum response, posting a hike…

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  Tagged: sydney property market