#10 Fastest selling Brisbane suburbs
This is reflected in new data published on realestate.com.au which shows average days on market in some Brisbane suburbs – including here on the north side – still kicking at a solid pace. Gaythorne houses are selling at an average 33 days on market, while Chermside West homes are being snapped up in 38 days. […]
Market update: Open homes are back
However, there are strict rules to adhere to; A maximum of 6 people including the real estate agent are allowed inside the building at any one time. There is to be no more than one person per 4 square metres Auctions are not included. New South Wales authorities have lifted their bans entirely as of […]
Get your geek on: COVID property dashboard unveiled
To get the best insight on what’s happening in your local market, always talk to your local agents. Especially in the current climate which is seeing increased off market activity. But for a neat snapshot of what is actually happening in the national and capital city property markets, check out the University of New South […]
Brisbane home values grew in April
Brisbane values gained 0.3 per cent, placing it second only to Sydney which saw 0.4 per cent growth according to the latest CoreLogic Home Value Index published on Domain. Is this an early indicator that prices might hold steady throughout the COVID-19 challenges? Well, no. The data is showing softening in some capital city markets […]
Market update: Property market holding steady amid coronavirus pandemic
“New listings began to fall suggesting vendors were becoming hesitant, this caution heightened in April with even fewer homes listed for sale, suggesting few forced sales,” Powell said. Latest stats show that Brisbane house prices nudged upwards over the March quarter with a 0.6% increase. However, this week CoreLogic’s research director, Tim Lawless, estimated that we will see a 10 per cent fall in property […]
#5 Homeschool hacks to keep you sane
You’re not alone. And let’s be honest, there is no magic fix to juggling schooling and working from home when even the likes of Mary Poppins is probably grounded due to travel restrictions. So these weeks and months are about doing your best – not doing it perfectly. And here are a few tips, inspired […]
Get ready for property to bounce back in 2021
The St George Economics report released last week included preliminary forecasts of a 7-10 per cent drop this year, followed by a return to growth, starting with 2 per cent in 2021. This was contingent on growing confidence in our economic recovery, and would be boosted by low interest rates, which would fuel buyer demand, […]
Market update: New rental laws triggered by COVID-19 passed
In an article this morning on couriermail.com.au the RTA answered questions about COVID-19 rental disputes. Here are the responses sent by a State Government spokesperson. What is the legal status of the ban on evictions? Do property owners retain their legal right to evict a tenant who is refusing to pay rent? Property owners may still […]
Buyer interest surges in rural retreats
Even the threat of a COVID-19 cluster is not enough to turn people off Noosa, reports The Australian. It also highlighted Victoria’s Mornington Peninsula and the NSW southern highlands as prime spots anticipating a resurgence in interest from buyers seeking more space. But is the grass always greener on the other side? You can probably […]
#3 Reasons prices won’t freefall even as confidence plummets
Taken at face value the survey results leave readers to say just one thing: ouch. While consumer sentiment might have entered freefall territory, the REA Group Chief Economist Nerida Conisbee says prices won’t follow. “It is impossible to categorically declare how far property prices will fall due to COVID-19, but it’s important to remember the […]
