Property Market

January 5, 2015 2:52 pm

Property Market Performance for 2014


How did the Australian Property Market fare in 2014? Looking back at the start of 2014, there were many skeptics expecting a price drop for the year after a very strong performance in 2013. That didn’t happen, as property prices closed at a 7.9% annual increase, according to the CoreLogic RP Data Home Value Index. 2014 saw the rise in new dwellings to meet the growing demand and rising property prices. Because of these movements, property purchase is more expensive than rents, as reported in the State of the Market report in May. Despite this, property is still within the [...]

Property Market Performance for 20142023-03-03T00:01:37+10:00

January 17, 2014 2:50 pm

Fearless Forecast: The Best Capital Cities in 2014


Experts give us a piece of their mind as they forecast the best capital city for this year based on last year’s trend. The majority of these market experts predict that 2014 will be a good year for Brisbane, arguing that 3 years ago, Brisbane and Sydney home values were nearly identical. But for the past year, median prices in Sydney have jumped to $750,000, compared to Brisbane’s $445,000. The rising price in Sydney will be a factor in reducing yields, as compared to other capital cities. Brisbane also leads all capital cities in Gross Rental Yields (4.6%for houses and [...]

Fearless Forecast: The Best Capital Cities in 20142023-03-03T00:01:41+10:00
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