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Unemployment rate slips to lowest level in six years - THE NEWDAILY

Australia’s jobless rate has dipped to the lowest level in six years in July and full-time jobs jumped, supporting hopes for an eventual revival in long-lagging wages growth. The seasonally adjusted unemployment rate fell to 5.3 per cent, while employment fell by 3,900 jobs to 12.575 million and the participation rate fell by 0.1 point to 65.5 per cent, figures from the Australia...

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Labour's bill to curb foreigners buying New Zealand homes becomes law - JESSICA LONG 15.8.2018

Prime Minister Jacinda Ardern and Trade Minister David Parker announce the ban on foreign investors in the residential housing market   A curb on foreign purchases of New Zealand property has passed into law, with the Government adamant the changes will help Kiwis get back on the property ladder. The Overseas Investment Amendment Bill passed its third reading in Parliament on Wednesday ...

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Baby boomers are moving back in with their grown-up kids - BY Charlotte Hamlyn

In a tough housing market, more and more young people are opting to stay living at home for longer. But there is another growing trend — baby boomers moving back in with their adult kids. And it is by choice. Research suggests about one in five Australians live in a multi-generational household — and that number is on the rise. Perth home builders are reporting an increas...

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Real Dwelling Value Changes - by Cameron Kusher (CoreLogic)

With dwelling values now declining across the nation, in this week’s Property Pulse we take a look at inflation-adjusted (or real) dwelling value changes to the June 2018 quarter. When analysing housing markets the focus is typically on nominal changes in values.  While it makes sense to analyse a market in nominal terms, it’s worthwhile measuring the change in dwelling values...

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How Have Dwelling Values Changed Over The Past Decade? - Cameron Kusher (CoreLogic)

In this week’s Pulse we investigate how house and unit values have changed during the past decade markets throughout each of Australia’s SA4 regions. Over the 10 years to June 2018, national dwelling values have increased by a cumulative 43.9% with the combined capital cities recording an increase of 52.6% and the combined regional markets recording growth of 16.6%. Focusing on ho...

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Is Australian Housing Experiencing A Credit Crunch? - by Cameron Kusher from CoreLogic

With the tightening of lending criteria over recent years by lenders there is increasing use of the phrase ‘credit crunch.’  A formal definition of ‘credit crunch’ is inherently loose, however, looking at the data and commentary from the banking regulator APRA, although dwelling values are falling and credit growth has reduced, the term ‘crunch’ might be...

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How to apply Queensland First Home Grant...

Applying for a first home owner grant The Queensland First Home Owners’ Grant is a state government initiative to help first home owners to get their new first home sooner. Depending on the date of your contract, you’ll get $15,000 or $20,000 towards buying or building your new house, unit or townhouse (valued at less than $750,000). You can buy off the plan or choose to build yo...

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Building approvals, May 2018 Source: ABS 8731.0, released 3 July 2018, 11:30 am (AEST)

Key dataTotal dwelling approvals monthly change (trend):Queensland ..................................................... down 4.2%Australia ........................................................... down 1.5%Total dwelling approvals annual change (trend):Queensland ................................................... down 10.4%Australia .............................................................

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Gold Coast City Employment status

260,549 people living in Gold Coast City in 2016 were employed, of which 60% worked full-time and 38% part-time. Gold Coast City's employment statistics are an important indicator of socio-economic status. The levels of full or part-time employment, unemployment and labour force participation indicate the strength of the local economy and social characteristics of the population. Employment st...

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Gold Coast Building Approval Outlook

While the Gold Coast has been a standout performer in years past, this is now beginning to change.Growth has been led, like Brisbane, by investors seeking out unit developments and the region has also benefitedfrom a strong tourism sector.In 2018 work from the Commonwealth Games will have come to an end and businesses in the city will be hamperedby significant travel restrictions.Investors will...

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Regional Population Growth, Australia, 2016-17 - LATEST ISSUE Released at 11:30 AM (CANBERRA TIME) 24/04/2018 from ABS

QUEENSLAND In 2016-17, five of the ten SA2s with the largest population increases (in terms of absolute numbers) were located outside of Greater Brisbane, with three located on the Gold Coast. The SA2 with the largest population increase in Queensland was Pimpama (3,000 people) on the Gold Coast, followed by Jimboomba on the southern outskirts of Greater Brisbane, and North Lakes - Mang...

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DWELLING UNITS APPROVED STATE TRENDS

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Australian Demographic Statistics, Dec 2017 - LATEST ISSUE Released at 11:30 AM (CANBERRA TIME) 21/06/2018

DECEMBER KEY FIGURES Population at end Dec qtr 2017 Change over previous year Change over previous year PRELIMINARY DATA '000 '000 % New South Wales 7 915.1 116.8 1.5 Victoria 6 385.8 143.4 2.3 Queensland 4 965.0 81.5 1.7 South Australia 1 728.1 10.7 0.6 Wester...

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Recent Sales in Parkwood

         

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If you claim home concession then you sell your property within a year, you may need pay back partial concession...

Home concession You can claim a home concession for transfer duty when acquiring a residence, as long as you meet certain requirements. If you are eligible, you will pay a reduced amount. Unlike the first home concession, you can claim the home concession even when you have owned a home before. The home concession rate applies to the first $350,000 of the consideration or value of the r...

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Queensland Fastest Median Growth Suburbs

 

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Queensland Fastest Population Growth Suburbs

 

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Non-resident foreign persons what should know about buying property in Australia

Established dwellings Non-resident foreign persons are generally prohibited from purchasing established dwellings in Australia. An established dwelling is a dwelling (except commercial residential premises such as hotels, motels and caravan parks) on residential land that is not a new dwelling. Temporary residents will normally be allowed to purchase only one established dwelling to live in ...

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RBA July cash rate decision revealed...

Media ReleaseStatement by Philip Lowe, Governor:Monetary Policy Decision Number2018-16 Date3 July 2018 At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. The global economic expansion is continuing. A number of advanced economies are growing at an above-trend rate and unemployment rates are low. The Chinese economy continues to grow so...

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Employment increased 15,900 - ABS Released at 11:30 AM (CANBERRA TIME) 14/06/2018

MAY KEY FIGURES   Apr 2018 May 2018 Apr 18 to May 18 May 17 to May 18 Trend Employed persons ('000) 12 506.4 12 522.3 15.9 2.6 % Unemployed persons ('000) 725.1 723.7 -1.5 -1.5 % Unemployment rate (%) 5.5 5.5 0.0 pts -0.2 pts Participatio...

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Pacific PInes market update 2.7.2018

Year No. of Sales Median Growth Low High 1993 4 $153,000   $57,000 $165,000 1994 41 $165,000 7.8% $143,900 $215,000 1995 31 $169,000 2.4% $61,500 $247,000 1996 24 $167,250 -1.0% $60,000 $239,000 1997 37 $162,000 -3.1% $65,877 $210,000 1998 59 $175,000 8.0% $66,500 $269,000 1999 75 $175,000 0.0% $65,000 $300,00...

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CoreLogic Home Value Index - Monthly Indices

Overview Type of Indices Applications Methodology Daily Indices Monthly Movements Back Series CoreLogic RP Data Daily Home Value Index: Monthly Values - 31 May 2018 City All dwellings Houses Units Month End Value % Change Year on Year % Change Month on Month Month End Value % Change Year on Yea...

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Pimpama Units Market Update 27.6.2018

Year No. of Sales Median Growth Low High 1999 1 $370,000   $370,000 $370,000 2000 0         2001 0         2002 0         2003 0         2004 0         2005 0         2006 0   &n...

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Australia House Price Index  2002-2018 - 27.6.2018

Residential property prices in Australia fell 0.7 percent quarter-on-quarter in the three months to March of 2018, following a 1 percent rise in the fourth quarter and compared to market consensus of a 1 percent drop. It was the biggest decrease in residential property prices since the fourth quarter 2011, as prices declined in five of the eight cities: Sydney (-1.2 percent vs -0.1 percent ...

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Frequently asked questions - dividing fence disputes - QCAT

Frequently asked questions - dividing fence disputes Fences and the law | Notices to contribute to fencing | QCAT decisions and orders | General Fences and the law What is the Neighbourhood Dispute (Dividing Fences and Trees) Act 2011? The Neighbourhood Disputes (Dividing Fences and Trees) Act 2011 provides rules about each neighbour’s resp...

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Who should pay for the fence?

Your responsibility as a fence owner Dividing fences are a common cause of disputes between neighbours. People often disagree over who pays for the building and upkeep of the fence, or the type of fence needed, particularly when one neighbour wants a fence for a specific purpose, such as to keep a dog.Your legal rights concerning a fence between your neighbour’s and your land whi...

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The US remains our largest foreign direct investor - Report from FIRB May 2018

The US remains our largest foreign direct investor Investment from the US represents over 20 per cent stock of foreign direct investment into Australia, and has done so for over 30 years. The US also remains the largest overall investor in Australia, with a total investment stock of $860.9 billion as at 31 December 2016. A recent study from the United States Studies Centre at the Universi...

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Auction Result Brisbane and Queensland 23 June 2018

Scheduled Auctions 273 Results available 191 Clearance Rate 37% of 191 Cleared 21 Sold Prior to auction 49 Sold at auction 1 sold after auction 14 withdrawn 106 passed in  

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Market Update Parkwood (House) 22.6.2018

Year No. of Sales Median Growth Low High 1993 228 $170,000   $8,983 $800,000 1994 240 $183,500 7.9% $17,800 $1,100,000 1995 210 $177,000 -3.5% $53,700 $750,000 1996 239 $169,000 -4.5% $72,000 $372,000 1997 230 $185,000 9.5% $75,000 $1,200,000 1998 231 $190,000 2.7% $71,000 $430,000 1999 268 $191,250 0.7% $18,00...

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WHO OWNS THOSE PROPERTY FOR SALE PHOTOS? by Cliffon Gouldson Lawyers

Between the seller, agent and photographer the law around who actually owns photos commissioned for a property sale is not well understood.  Agents and Real Estate Principals may be exposing themselves to copyright infringement liability or claims for compensation by photographers and/or home owners. Photographs of homes for sale are now a given in the selling process.  But w...

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澳洲史上首次政商集结! 市长, 经济学家, 开发商等最顶尖大咖齐聚布里斯班会展中心!

澳洲史上首次政商集结! 市长, 经济学家, 开发商等最顶尖大咖齐聚布里斯班会展中心! 波波菜 澳洲第一传媒   从去年开始,澳洲房产市场就一直有着各种各样的声音,冗杂的信息让买家不知所措。   但是,尽管澳洲对外国投资者贷款提高了门槛,这种限制对中国投资者在澳洲房地产市场的表现似乎影响甚微...   来自中国的开发商和投资者:   依然是澳洲房地产市场最活跃的力量之一。   在澳洲的房地产开发趋向低密度、多样化,不只是执着于核心区。 公开资料显示,包括绿地、万达、碧桂园、保利、复星、首创、大华、中国海外集团、中锐等在内的众多中国知名品牌开发商近年相继进入澳洲房地产市场。   这就可以看出,谣言止于智者。     根据权威...

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The 25 highest-paying jobs in America - report from CNBC

If you want to earn the big bucks, you may want to consider practicing medicine or law. According to a recent report by Glassdoor, doctors and lawyers are still the nation's top-earning professionals. To compile its list of the highest-paying jobs in America in 2016, the job search site analyzed anonymous salary reports from its users.   For a job to make the list, there had t...

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Changes to GST payments at settlement from 1 July 2018

GST at settlement From 1 July 2018, purchasers of new residential premises or potential residential land will be required to withhold an amount from the price for the supply and pay that amount to us on or before settlement. The property transactions impacted are taxable supplies (for example, sales and supplies by way of long term lease) of new residential premises or taxable supplies o...

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Australian fees and taxes international property buyers need to know about

When international buyers are looking to secure property in Australia there are numerous fees and taxes that they will face.  Here is what you need to know before you make your purchase:  Stamp Duty     The most significant fee you will pay when purchasing property in Australia is stamp duty, i.e. state government taxes. This figure va...

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Types of foreign persons for additional foreign acquirer duty

Types of foreign persons for additional foreign acquirer duty You are a foreign person for additional foreign acquirer duty (AFAD) if you are a: foreign individual foreign corporation trustee of a foreign trust. Foreign individuals You are a foreign individual if you are not an Australian citizen or permanent resident. A permanent resident holds a permanent visa, or is a New Zealan...

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Market Update Runaway Bay (House)

Year No. of Sales Median Growth Low High 1993 166 $225,000   $60,000 $750,000 1994 198 $277,500 23.3% $50,000 $855,000 1995 159 $310,000 11.7% $85,000 $700,000 1996 151 $265,000 -14.5% $71,000 $1,100,000 1997 196 $299,000 12.8% $20,000 $665,000 1998 169 $320,000 7.0% $45,000 $1,200,000 1999 194 $339,000 5....

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Market Update Biggera Waters (Units)

Year No. of Sales Median Growth Low High 1993 246 $128,750   $29,000 $515,000 1994 237 $139,500 8.3% $67,000 $700,000 1995 235 $145,000 3.9% $58,000 $240,000 1996 155 $138,000 -4.8% $45,000 $467,500 1997 159 $125,000 -9.4% $31,250 $297,000 1998 187 $131,000 4.8% $56,000 $625,000 1999 200 $120,500 -8.0% $2...

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Applying for a first home owner grant

Applying for a first home owner grant The Queensland First Home Owners’ Grant is a state government initiative to help first home owners to get their new first home sooner. Depending on the date of your contract, you’ll get $15,000 or $20,000 towards buying or building your new house, unit or townhouse (valued at less than $750,000). You can buy off the plan or choose to build yo...

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First Home Buyer should read this...

Queensland state budget 2018: Government to slash first home owners’ grant ELLEN LUTTON  NEWS EDITOR JUN 12, 2018       If you were planning to cash in on the Queensland government’s $20,000 first home owners’ grant, you’ll need to be super quick — the government has announced it will c...

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Brisbane Unit Market update 12.6.2018

The rental market is steady... Year No. of Sales Median Growth Low High 1993 215 $255,000   $45,000 $3,250,000 1994 265 $348,324 36.6% $15,000 $1,530,030 1995 195 $256,000 -26.5% $60,000 $5,000,000 1996 216 $370,000 44.5% $42,000 $3,745,000 1997 590 $209,200 -43.5% $20,000 $4,500,000 1998 353 $230,000 9.9% $1,400 $1,99...

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Southport Unit Market Update - 12.6.2018

We notice the number of units sold less than the same periods last year and price dropped by 5%. The rental market is still growing.   Year No. of Sales Median Growth Low High 1993 470 $126,000   $42,000 $880,000 1994 688 $150,000 19.0% $12,700 $1,750,000 1995 393 $141,000 -6.0% $50,000 $1,300,000 1996 507 $150,900 7.0% $53,500 $4,...

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free Aquafest event - Southport

Special winter reopening offers Celebrate the reopening of the Gold Coast Aquatic Centre with our free Aquafest event on Saturday 23 June between 10am and 2pm. There will be plenty of fun and activities for all ages including the big splash, sausage sizzle, an inflatable obstacle course and much more. Get your family and friends together with your swimmers! You can also enter the draw to win ...

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移民不移居,為什麼中國人越來越青睞「輕移民」?

【看中國2018年6月11日訊】據《留學君》報導,針對中國私人財富的一份新研究表明,國家最富有的公民中將近一半考慮移民。 在10年之前,大多數中國人移民是為了定居海外,享受歐美發達國家的良好生活環境、完善的教育體系、先進的醫療體系等與自己生活息息相關的優勢,而如今,越來越多的中國人不再將「移居」作為主要目的,而逐漸偏向「移民不移居」的模式,中國人已經進入了輕移民時代。 傳統意義上,多數中國人都認為移民就是移居,其實「移民」是個泛泛的概念,很多人拿到了「永久居留權」就會說自己已經移民。那「永久居留權」和取得「國籍」的區別是什麼? 拿到移民國家的「永久居留權」,即獲得綠卡。就是指個人容許永久居留於某國的權利,但不享有公民權。擁有永久居留權的人稱作「永久居民」。 加入該國「國籍」,即獲得護照。國籍是指一個人屬於一個國家的國民的法律資格,也是國家實行外交保護的依據。國籍等同於...

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What is happening in Parkwood Property Market Update - June 2018 (House)

Year No. of Sales Median Growth Low High 1993 228 $170,000   $8,983 $800,000 1994 240 $183,500 7.9% $17,800 $1,100,000 1995 210 $177,000 -3.5% $53,700 $750,000 1996 239 $169,000 -4.5% $72,000 $372,000 1997 230 $185,000 9.5% $75,000 $1,200,000 1998 231 $190,000 2.7% $71,000 $430,000 1999 268 $191,250...

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Fantastic Affordable Brand New First Home

AN IDYLLIC PARKLAND COMMUNITYIN AUSTRALIA’S FASTEST GROWING REGION Great Ocean Realty is delighted to present Arbour Residences by Sunland Group – a vibrant new parkland community on the northern Gold Coast.Priced from $430,000, each spacious terrace home features open plan living, dining, and entertaining spaces, three bedrooms, bathro...

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Box Hill, Melbourne Market update

Year No. of Sales Median Growth Low High 1993 106 $155,000   $19,150 $650,000 1994 95 $158,000 1.9% $20,000 $865,000 1995 80 $150,500 -4.7% $60,000 $298,000 1996 89 $162,500 8.0% $64,000 $295,000 1997 114 $182,450 12.3% $49,285 $2,090,000 1998 83 $209,000 14.6% $53,000 $736,000 1999 111 $251,000 20.1% $50,000 ...

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Burwood, Sydney Market update

Year No. of Sales Median Growth Low High 1993 118 $260,500   $13,000 $4,000,000 1994 121 $285,000 9.4% $2,134 $53,200,000 1995 84 $277,000 -2.8% $52,500 $785,000 1996 116 $297,500 7.4% $52,500 $1,400,000 1997 135 $345,000 16.0% $30,000 $2,110,000 1998 139 $383,000 11.0% $130,000 $6,700,000 1999 165 $406,500 6.1%...

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Southport Property Market Update (House)

Year No. of Sales Median Growth Low High 1993 391 $128,000   $55,750 $1,500,000 1994 411 $140,000 9.4% $14,000 $2,200,000 1995 306 $137,000 -2.1% $20,000 $3,317,756 1996 285 $131,500 -4.0% $1,330 $700,000 1997 356 $135,000 2.7% $5,000 $1,150,000 1998 327 $140,000 3.7% $12,000 $2,350,000 1999 379 $142,000 1.4% $...

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Building Feng Shui - 葉實益老師

五行辨別法!教你懂得大樓風水(組圖) 2018-06-08 09:16 作者: 葉實益老師 手機版 简体 0個留言 打印 特大 大 中 小 标 签 :風水五行金木水火土文昌峰 即使你住得地方是高樓大廈處處林立,依舊能夠窺出風水吉凶。(圖片來源:Fotolia)   風水基本上探究的是自然環境的山水地貌,而現今高樓大廈處處林立,又當如何在這都市叢林裡辨別出風水的吉凶?身為一個現代風水師必須具備獨到的眼光,所有景象皆宛如山水畫一般盡收眼底,方能一目瞭然。 道路如流水,高樓不是樓 山對於人們而言具有庇蔭和護佑的功效,還能阻擋風勢和雨勢,有如母親溫暖的懷抱;水能滋養萬物的生命,又能川流在大地上,有如錢財源源不絕。換個角度來看,城市中的高樓大廈有如一棵棵大...

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Median Price and number of house sold in Mermaid Water drop this year...

Year No. of Sales Median Growth Low High 1993 235 $190,000   $34,000 $845,000 1994 286 $203,000 6.8% $83,500 $675,000 1995 221 $195,000 -3.9% $77,500 $530,000 1996 203 $195,000 0.0% $69,000 $510,000 1997 289 $207,000 6.2% $67,350 $650,000 1998 255 $208,000 0.5% $45,000 $650,000 1999 261 $230,000 10.6% $75,000 ...

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Gold Coast dwelling values increase by 1.9% last year, please see report from Rpdata

Regional Housing Market Value Growth Performance (by Cameron Kusher) In this week’s Property Pulse we check-in on the regional areas of the country and look at how values have increased over the past year and where they sit relative to previous peaks. Over the 12 months to April 2018, dwelling values across the combined regional markets have increased by 2.4% compared to a -0.3% fall in...

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Preliminary Auction Clearance Rates Cool Over the First Week of Winter ( by Jade Harling)

Auction clearance rates cool over the first week of winter, remaining below 60 per cent for the fourth consecutive week.  The first week of winter sees auction volumes remain steady across the combined capital cities, with 2,272 homes taken to market returning a preliminary clearance rate of 57.6 per cent.  While the preliminary clearance rate shows a week-on-week improvement, i...

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What is your strategy when the market goes down?

New data shows house prices falling nationally   Isabella Lane 1 June 2018 National house prices have suffered their first annual decline since 2012 as the Sydney and Melbourne markets continue to soften, new figures show. National dwelling values are down -0.4 per cent annually after slipping -0.1 per cent in May, ac...

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From The Dailynews - Inside the housing frenzy that even homeowners want to end

Vancouver, Canada – Between multimillion-dollar tear-downs, blocks full of backyard cottages and towering condominiums that are sold and resold several times before they are even built, there is no shortage of anecdotes about this city’s housing frenzy. Here is a new one: Vancouver is so expensive that politicians want to tax its real estate marke...