Australian Property Updates


Property Information & Real Estate Updates

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11.8 m Australian householders by 2031

The number of Australian households will increase to 11.8 million by 2031 – up four million from 7.8 million in 2006, according to housing projections from the Australian Bureau of Statistics. While family households are predicted to remain the most common, with an increase of 5.6 million in 2006 to eight million in 2031, couple-only families and those living alone ...

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Drop in consumer confidence is eating away at house prices

Australian House Prices have stopped their climb in April, with some capital cities recording a drop and others just marginal gains.  The RP Data-Rismark Hedonic Home Value Index released yesterday showed national average growth for dwellings of 0.2 per cent, after a 1.3 per cent rise in March. Tim Lawless, research director for property analyst firm Rpdata.com, does not believe ...

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Australian Real Estate Market Fundamentals do not suggest a likely 50 per cent drop in house prices – REIA

he Real Estate Institute of Australia (REIA) have suggested that Mr Edward Chancellor was being too simplistic in his analysis of the Australian Real Estate Market. REIA do not agree that house prices are more than 50 per cent above their fair value.   Mr Chancellor’s comments compare house prices to income only and does not take into account the Australian ...

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House Prices across Australia are on the rise with no end in sight

Auction clearance rates are on average around 70% – however Melbourne and Sydney are doing even better than the other capital cities. According to rpdata.com Australian property values were up 2.0 per cent in January and a further 1.4 per cent in February 2010. While first home buyers are rapidly being priced out of the property market, cashed up investors ...

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A Must-Do Checklist Before You Move

When you’re in the thick of it, moving can feel stressful. Believe it or not, it doesn’t have to be. The key to creating a moving experience that’s low-stress and even serene is all in the preparation. Creating a master-list of everything you need to do before you hit the road with your possessions in tow is crucial. This way, ...

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