May 22, 2024

30th April 2024 – Property Market Update

April continued to underline the robust growth trajectories of Perth, Adelaide, and Brisbane, as depicted in the rolling three-month change in dwelling values. Perth led with a staggering 6.0% increase, reinforcing its position as the growth leader among Australian state capitals. Adelaide followed with a commendable 3.3% rise, while Brisbane also showed strong growth at 3.1%. These cities have not only outpaced the typically more subdued movements seen in Sydney (1.1%) and Hobart (0.8%), but they also starkly contrast with Melbourne, which remained flat with a 0.0% change.
April 10, 2024

31st March 2024 – Property Market Update

In an impressive display of resilience, March has seen Perth, Brisbane, and Adelaide continue to break records in the property market. The buoyancy in these cities is particularly noteworthy against a backdrop of national housing market softening in other areas. This month, Perth has continued its ascendant trajectory with a 1.2% growth, contributing to a 5.6% quarterly rise which is the highest across all state capitals. Brisbane, not far behind, has witnessed a 1.1% growth over the month, aligning with a broader trend of property value increases in Queensland. Adelaide, however, steals the spotlight with a 1.4% rise in dwelling values, the highest monthly growth recorded, and an impressive 3.3% increase over the quarter.
March 12, 2024

29th February 2024 – Property Market Update

The market continues to display considerable diversity across regions and cities. In the past month, overall growth was at 0.6%, up from 0.4% in January. Perth (1.8%), Adelaide (1.1%), Brisbane (0.9%) and Canberra (0.7%) outpaced this average.
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.
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.
December 8, 2023

30th November 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.