February 22, 2024

Hedonic Indices: What Investors Need to Know

If you’ve ever read a news article about Australian real estate, there’s a decent chance you’ve come across CoreLogic’s hedonic indices. These indices, published monthly, have become something of a benchmark in the industry for understanding the comparative performance of Australian property markets over time. Besides our own monthly market smart reports, even the biggest Australian publications have come to rely on these figures published by CoreLogic.
February 19, 2024

31st January 2024 – Property Market Update

The Australian housing market has carried on its upswing into 2024. National dwelling values rose 0.4% increase in January marking a consistent, year-long rise in value. As we saw towards the end of 2023, Perth, Adelaide, and Brisbane have seen significant growth and continue to drive the aggregate figures as some other cities have experienced declines. Regional markets are also gaining momentum, outpacing the capital cities in value growth​​. Read on as we examine these trends more closely and discuss the important factors for investors to consider moving forward.
February 15, 2024

YIMBYism: The Movement Trying to Transform Housing

Yes, it is a silly word, but “Yes-In-My-Backyard-ism”, represents some very serious housing ideas that are rapidly gaining support in Australia and around the world. If you’re unfamiliar with the term, this article serves as a brief introduction to the movement and its beliefs. We’ll also look at what its popularity could mean for Australia, and what informed investors need to consider.
February 15, 2024

Stage 3 Tax Cuts – Good news for property?

Recently, the Labor government has announced new changes to the tax reform plan, originally legislated back in 2019 by the then Liberal government. In short, the Labor’s new changes have reduced the cut applied to high-income earners, and marginally increased the tax cut for mid and low-income earners.
January 31, 2024

What are the best leading indicators for real estate? (Part 2)

In our previous article, we discussed some of the challenges unique to real estate forecasting, defined what a lead indicator is, and explained two broad types of lead indicators. In this article, we’re looking at a few examples of the two types.
January 31, 2024

What are the best leading indicators for real estate? (Part 1)

For real estate markets, one distinctive characteristic sets it apart from other, more fluid markets – a slower cadence. Unlike the constant volatility of stock markets, real estate is a slow burn. By the time sensational headlines proclaim an 'explosion' of house prices in a particular area, the conditions responsible for that headline had likely begun to coalesce months, or even years, beforehand. The headline you eventually see in the news, merely captures the crescendo of that slow collision of factors. It's almost like tectonic plates inching towards each other unseen, eventually creating a sudden outcome that gets our attention.
January 26, 2024

Central Bank Digital Currencies are here. What do property investors need to know? (Part 2)

In our previous article, we conducted a bit of a deep dive into what CBDCs are, why governments are so interested in them, and where the RBA is in its ‘eAUD’ research. In this article, we’re looking more closely at CBDCs from a real estate perspective. What do property investors need to know about the potential functionality and uses of CBDCs? Here are just a few emerging trends to consider.
January 25, 2024

Central Bank Digital Currencies are here. What do property investors need to know? (Part 1)

When was the last time you paid for something with cash?   Chances are, it may have been a while!   The share of all transactions conducted in cash has been in a steady decline for decades. This trend is only set to continue, with younger generations being far less likely to rely upon cash for the bulk of their purchases.
January 25, 2024

What Does Raising The First Home Buyer Grant Actually Achieve?

With the homeownership dream increasingly out of reach for many Australians, the Queensland government has announced a ‘cost of living boost for first home buyers’—with the first home buyers’ grant being doubled from $15,000 to $30,000. The increase came into effect on the 20th of November and will remain until mid-2025, available for those buying or building a new home worth less than $750,000.
January 9, 2024

31st December 2023 – Property Market Update

This month’s Market Smart highlights a growing contrast between overall slowing growth and the exceptional performance of a select few regions – especially Perth, which remains the fastest growing city in the country. CoreLogic's national Home Value Index rose by a modest 0.6% in November, the smallest monthly gain since February, indicating a shift in the market's momentum. Read on as we examine the dynamic factors defining this shift and explore what it all means for investors.