Article by Daniel Gold From October 2017 demand for property in Australia declined as boom-time conditions in Sydney and Melbourne made way for a very substantial correction. As reported in The Adviser, Residential property prices hit their peak in October 2017, when, according to data from CoreLogic, the national median home value sat at $543,251. […]
Is the downturn over?
Tim Lawless – house prices record fifth consecutive month of growth, largest monthly gain since 2003
CoreLogic’s national Home Value Index surged 1.7% higher in November delivering the fifth consecutive monthly increase, coupled with the largest monthly gain in the national index since 2003. Since finding its trough in June earlier this year, the national dwelling value index has recovered by 4.7%. Although values are recovering rapidly, at a national level […]
Getting the most out of bank valuations
The Lender needs to value my property – why, what does this mean? Article by Patrick Lynch, Head of Operations There has been plenty of recent talk – when isn’t there – about the property market, particularly about the rebound in values in Melbourne and Sydney since the election, changes to interest rates and serviceability […]