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****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: Mixed Signals 🇦🇺 Key takeaways from the latest CoreLogic report: Positives: Continued growth: Despite headwinds like high interest rates and cost of living pressures, dwelling values in combined capital cities rose 0.8% in May 2024. Strong regional performance: Perth (2.0%), Adelaide (1.8%) and Brisbane (1.4%) continue to see impressive growth. Brisbane even surpassed Canberra as the second-most expensive capital city! Negatives: Affordability concerns: Rising prices coupled with high interest rates are putting a strain on affordability. Rental slowdown (but still high): While rental price growth is easing, it remains significantly above historical averages. Supply vs Demand imbalance: The core issue - a lack of housing supply continues to fuel price rises. Listings are well below average and dwelling approvals haven't reached the decade average. Overall: The market is presenting mixed signals. While prices keep climbing, affordability is worsening and underlying factors suggest a slowdown on the horizon. Full report: https://lnkd.in/gxUmc633 #australiahousing #propertymarket #realestate

🏡 Property Investor Daily With Today's Property Insight 🏡 Dive into the latest Australian home value trends with this article by CoreLogic, summarizing key highlights in the national Home Value Index. 🏠 1️⃣ The national Home Value Index rose 0.6% in April, marking the 15th consecutive month of growth. 2️⃣ Mid-sized capitals are leading the growth, with Perth experiencing a 2.0% rise, followed by Adelaide (1.3%) and Brisbane (0.9%). 3️⃣ The lower quartile and middle of the market in Sydney both showed a 1.7% quarterly increase, outpacing the upper quartile dwelling values which rose by 0.5%. 4️⃣ Unit values across most capital cities have grown faster than house values over the past three months. 5️⃣ Regional markets have recorded a slightly stronger quarterly growth rate over the past five months as compared to their capital city counterparts. Check Out The Full Article here: 👇👇👇👇

Earlier this year, Adelaide was deemed more expensive than Sydney in terms of housing affordability. And now, the latest Home Value Index (HVI) by CoreLogic Australia reports that Adelaide's median dwelling value has overtaken Melbourne's. "The median dwelling value in Melbourne has been overtaken by Adelaide and Perth, making Melbourne’s median the third lowest among the capital city markets. The Adelaide median is now $790,800 and Perth’s is now $785,250, compared with $776,044 in Melbourne." Beyond the numbers, what does this really mean for the housing market in Adelaide and the other capital cities around Australia? Read the latest HVI report to learn more. https://lnkd.in/gCwErKRT #CoreLogicAU #housingaffordability #Adelaide

❄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

Why Melbourne Could Lead the Housing Market Recovery? Melbourne's housing market is poised for a strong recovery as interest rates drop, thanks to improved affordability and rising rental yields. Despite recent declines, experts like AMP's Shane Oliver believe Melbourne’s extended period of underperformance sets the stage for a robust rebound. Suburbs like Brunswick West have already seen value increases, and undervalued areas like Footscray and St Kilda East show promise. While the exact timing is off course uncertain, Melbourne’s market, with its potential for long-term growth and investor appeal, could outshine other Australian cities in the upcoming housing market cycle.

Absolutely insightful update on the Brisbane housing market! 🏡📊 It’s fascinating to see how the market is evolving and what that means for both current homeowners and potential investors. Here are some key takeaways: 1. Property Value Growth: Brisbane has seen a 7% increase in median house prices over the past year, outpacing many other major Australian cities. This steady growth highlights the city’s robust demand and resilience despite broader economic uncertainties. 2. Rental Yield: The current rental yield in Brisbane stands at around 4.5%, making it an attractive option for investors seeking reliable income streams and long-term capital appreciation. 3. Population Growth: Brisbane’s population has grown by 2.3% annually, driving demand for both housing and investment properties. This influx contributes to the sustained property value appreciation and creates a dynamic real estate market. 4. Interest Rates Impact: With interest rates remaining relatively low at 3.5%, borrowing costs are manageable, encouraging both first-time homebuyers and seasoned investors to enter or expand within the market. Investing in Brisbane’s housing market can be a smart move towards achieving long-term success. Whether you're considering buying your first home, expanding your investment portfolio, or looking to optimise your current assets, staying informed about these trends helps you make strategic decisions. Small, informed steps today can lead to significant financial growth tomorrow. Moreover, the article underscores the importance of continuous improvement and staying adaptable—key principles of the Kaizen philosophy we love at Wealthology. By regularly reviewing and adjusting your investment strategies, you can navigate market changes effectively and maximise your returns. Why Brisbane? 1. Economic Growth: Brisbane’s economy is projected to grow by 4% next year, driven by sectors like technology, healthcare, and education. 2. Infrastructure Developments: Major projects, including the Brisbane Metro and new residential developments, are set to enhance connectivity and livability, further boosting property values. If you’re inspired by these insights and want to explore how you can leverage the Brisbane housing market to build your wealth, let’s chat! Reach out to me directly at [email protected]. Together, we can create a personalised investment plan that aligns with your goals and ensures lasting financial success. #BrisbaneHousing #PropertyInvestment #WealthBuilding #FinancialSuccess #Wealthology #InvestmentStrategy

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