Property News - PropertyInvesting.com

Tis The Season To Avoid Folly

Results for week ending December 13 The combined capital cities auction clearance rate improved slightly this week as determined buyers made their pre-holiday purchases on the final “Super Saturday” of the year. The Stats The preliminary numbers indicate that even the Sydney marketRead More...

Jason Staggers

December 15th, 2015

NEWS: Property Investing and Real Estate In Australia Stats & Data

Auction Sellers In Submission

Results for week ending December 6 Over the past five weeks of sliding auction clearance rates, sellers have been tapping out in droves. In Sydney alone, more than 500 vendors cancelled their November auctions. This trend is not the sellers’ friend. Buyers continue toRead More...

Jason Staggers

December 8th, 2015

NEWS: Property Investing and Real Estate In Australia Stats & Data

A Little Less Love for Foreign Investors

In “Why the Chinese Love Australian Real Estate,” I said that unless something cataclysmic happens, off shore investment into our property market could be here to stay. While there’s nothing cataclysmic to report, the door to foreign investors just became a little lessRead More...

Jason Staggers

December 3rd, 2015

NEWS: Property Investing and Real Estate In Australia

Chilled Out

Results for week ending November 29 Homebuyers must have been listening to Glenn Steven’s speech last week, because they sure seem to be following his orders to “chill out.” (More on that below.) But there’s no time to waste for sellers. They continuedRead More...

Jason Staggers

December 1st, 2015

NEWS: Property Investing and Real Estate In Australia Stats & Data

No Love In This Elevator

Results for week ending November 22 With record supply on offer, demand in our two largest cities has tumbled. Melbourne just recorded its lowest clearance rate in over two years, and Sydney has now tallied three consecutive weeks below 60 percent. The StatsRead More...

Jason Staggers

November 24th, 2015

NEWS: Property Investing and Real Estate In Australia Stats & Data

The NAB Residential Property Survey Report, Q3 2015

Every three months, the National Australia Bank (NAB) releases an update on residential property in Australia. They base their findings on a survey of approximately 300 respondents consisting of real estate agents, property managers, developers, asset and fund managers, valuers and property owners.Read More...

Jason Staggers

November 19th, 2015

NEWS: Property Investing and Real Estate In Australia

How Low Can We Go?

Results for week ending November 8. Melbourne and the combined capital city results were stronger this week, but Sydney continued its plunge to hit a new three-year low. With no bottom in sight, it’s anyone’s guess how low auction clearance rates will go.Read More...

Jason Staggers

November 10th, 2015

NEWS: Property Investing and Real Estate In Australia Stats & Data

Horses For Courses

Results for week ending November 1 As punters place their bets on which four-legged beasts will have the fastest legs in “the race that stops a nation,” investors ought to be more concerned with another contest: the latest auctions clearance rates. Evidence isRead More...

Jason Staggers

November 3rd, 2015

NEWS: Property Investing and Real Estate In Australia Stats & Data

Is Another RBA Rate Cut Imminent?

At the October meeting, the RBA decided to leave the cash rate unchanged at 2.0 percent. In its Monetary Policy Statement, the board essentially gave three reasons for the decision. Here’s my interpretation: We can’t raise rates because China continues to show signsRead More...

Jason Staggers

October 29th, 2015

NEWS: Property Investing and Real Estate In Australia

Bidders with Jitters

Results for week ending October 25 The downward trend in Sydney and Melbourne continues, as lower auction clearance rates are uncovering greater fear and uncertainty in the market. Higher borrowing costs seem to have slammed investor sentiment. Owner-occupiers are still showing up toRead More...

Jason Staggers

October 27th, 2015

NEWS: Property Investing and Real Estate In Australia Stats & Data