Beyond Finance’s Post

****Adelaide, Brisbane & Perth are the top Real Estate markets in August**** (CoreLogic) With the property market constantly changing, we thought you would find these updates interesting: ️ Highlights: 1. National home values increased by 0.5% in August, marking the 19th consecutive month of growth, although the pace of growth is slowing. 2. Quarterly national home values increased by 1.3%, which is less than half of the growth rate seen in the same period in 2023. 3. Supply and demand for housing are becoming more balanced, with varying supply levels across different regions. Melbourne has a higher supply compared to the five-year average, while Perth and Adelaide have lower supply levels. 4. Monthly home value gains were led by Perth with a 2.0% increase, followed by Adelaide with a 1.4% increase and Brisbane with a 1.1% increase. Sydney saw a mild growth of 0.3%. 5. Quarterly growth rates in most capital cities have eased, with Brisbane experiencing a more significant slowdown in growth between May and August, indicating a potential easing in demand in the market.  Eliza Owen | Full article below

Browsing through the recent article by Eliza Owen from CoreLogic reveals some fascinating trends and points of interests for property investors. Here are the insights that I gathered from the article: #️⃣ National home values saw a 0.5% increase in August, marking the 19th consecutive month of growth, although the rate is slowing down significantly. #️⃣ Listings in Melbourne are significantly higher (25%) than the five-year average, while Perth and Adelaide lag behind their averages by more than 40%. #️⃣ Perth, Adelaide, and Brisbane showed the most vibrant monthly growth, while cities like Canberra, Melbourne, and Darwin experienced declines. #️⃣ Affordability constraints are influencing the housing market, with cheaper markets outperforming as values rise more sharply in lower-priced segments. #️⃣ Rent growth has decelerated nationally, with August showing the slowest annual growth rate since May 2021, signifying a likely shift in the rental market dynamics. These insights highlight the pressing factors influencing property values nationwide and the shifting patterns in regional property markets—essential knowledge for making informed investment decisions. Check Out The Full Article here: 👇👇👇👇

🏠 Australian Housing Market Update 🏠 Through winter, housing value growth has cooled, with Melbourne seeing a big shift. For the first time, Melbourne’s median home price has fallen below Perth and Adelaide! 📉 While the market is slowing, there are still opportunities for buyers and investors to explore. Keep an eye on the trends and stay informed about what this means for you! 🧐 #HousingMarket #PropertyInvestment #RealEstateNews #AustraliaProperty #MarketTrends #CleverFinanceSolutions

CoreLogic Australia Hedonic Home Value Index has been released and their Head of Research, Eliza Owen, is reporting notable shifts in the market. Keep reading to see our key take outs and download the full report: + Melbourne's Market Dynamics: For the first time, Melbourne's median dwelling value has been overtaken by both Adelaide and Perth, highlighting a significant shift in Australia's property landscape. This change, coupled with increased tax burdens on Victorian investment properties, is influencing investor behavior. + Premium Rent Yields: Brisbane and Melbourne now share a rent yield of 3.7%, reflecting changing dynamics in high-growth cities. These shifts may temper immediate returns but underscore the importance of long-term capital appreciation, particularly in prime locations. + Construction and Supply Constraints: Ongoing supply challenges in the residential construction sector are expected to support modest value increases through the end of 2024. These constraints, especially in multi-unit developments, present opportunities for discerning investors who can capitalize on market tightness. + Rent Growth Moderation: Sydney's rental market is seeing a rare halt in growth, with national trends showing the slowest annual increase since May 2021. This moderation could signal a stabilizing market, presenting unique entry points for strategic acquisitions. Stay ahead of the curve and navigate these market shifts with confidence - book an appointment with our team to learn how we can help on your next investment. Download the full report here: https://lnkd.in/g7pxkT9E

This is a great tool from PropTrack.

According to Corelogic's most recent article the national Home Value Index is up 0.6% in February. This was the strongest monthly gain since October 2023. Each of the capital cities and rest of state regions recorded a lift in values over the month with Brisbane up 0.90%, 30 basis points above the national gain, highlighting that Brisbane is showcasing its desirability from both a lifestyle point and price point. https://lnkd.in/gGuRzGTR

Brisbane was one of the top 3 performers for price growth over March, according to the latest CoreLogic figures. The city saw the dwelling price rise by 1.1% over the month, 3% over the quarter and 15.9% over the year. CoreLogic's national Home Value Index (HVI) rose 0.6% in March, on par with February’s increase, taking the current upswing in housing values through its 14th straight month of growth.

❄GROWTH IN AUSTRALIAN HOUSING VALUES COOLS❄ 📈 Steady Growth: National home values up by 0.5% in August, marking 19 months of continuous growth, though the pace is slowing compared to last year's figures. 🐢 🏘️ Supply vs. Demand: Housing market finds balance as supply and demand even out, with notable differences across regions - Melbourne sees a 25% increase in listings, while Perth and Adelaide listings drop by over 40%. 🔍 📊 Diverse City Performances: Perth leads with a 2.0% increase, while Melbourne experiences a 0.2% decline, highlighting the varied capital city growth rates. 🌏 💸 Affordability Crunch: High growth in Perth, Adelaide, and Brisbane faces sustainability challenges due to affordability pressures, interest rates, and living costs. 🤑 🛑 Rental Market Slows: National rent growth stalls, with a shift in investor dynamics as rent yields in Brisbane and Adelaide match Melbourne's. 🏠 ✍ by Eliza Owen https://lnkd.in/gykGxSSJ

We recently launched a new resource for first-home buyers, the PropTrack Affordability Hotspots Report. While it's no secret cracking into the property market is tough right now, the report can help buyers identify regions that have the most affordable homes in each city and region across the country. According to the report, Western Australia and Queensland have been identified as the most affordable entry points to the housing market across the country. You can find out more and read the full report here: https://lnkd.in/gCanMVi4

We recently launched a new resource for first-home buyers, the PropTrack Affordability Hotspots Report. While it's no secret cracking into the property market is tough right now, the report can help buyers identify regions that have the most affordable homes in each city and region across the country. According to the report, Western Australia and Queensland have been identified as the most affordable entry points to the housing market across the country. You can find out more and read the full report here: https://lnkd.in/gCanMVi4