When selling your house, presenting it in the best possible light will improve your chances of securing a high sale price. You may need to step back and take a long, hard look at how your home might look to other people. This can be difficult. You may like that patterned wallpaper, have fond memories.
The strong run of auction results continued to play out last week with a preliminary capital city clearance rate of 73.5%, although the early success rate has shown a subtle fade over the past two weeks, down from 76.2% over the week ending February 11th. Capital City Auction Statistics (Preliminary) The relatively high clearance rates.
Adelaide’s economy was predicted to tank after car manufacturing ceased. The city has instead seen a successful pivot to a more diverse and vibrant economy. The Adelaide property market remains among the most affordable in the country. Buyers are constantly overlooking one of the best markets in Australia to invest in, despite its affordable prices.
Just under half of all capital city auctions are set to take place in Melbourne this week (49.5%) There are 2,840 homes set to go under the hammer across the combined capital cities this week, with just under half of these auctions taking place in Melbourne. This week’s auction volumes are up 35.8% from last.
As the gap widens between house and unit values, we reveal the suburbs with the largest and smallest house premium. Underlying land value, scarcity factor and desire for more space through the pandemic has led to a substantially larger rise in house values relative to unit values over the past four years. At the onset.
Auction season continues to ramp up with a significant increase in capital city auction activity Auction activity is set to ramp up significantly this week, with 2,091 homes currently scheduled for auction across the combined capital cities, up 27.3% from last week (1,642) and 13.3% higher than the same week last year (1,846). Across Sydney, 737 homes are expected to go to auction this week, up 13.9%.
You’ve just sold an investment property for a tidy profit and now you have a big windfall coming your way. It’s a nice problem, but what should you do with that money? Most serious investors will be already looking out for the next property to buy but, in the months before they find that golden.
Here are the must know stats, facts and figures on Australia’s residential property market. Like capital growth trends, the trend in home sales numbers are diverse from region to region. CoreLogic’s February Housing Chart Pack highlights that sale volumes across Brisbane, Adelaide, Perth, and Darwin currently exceed historic averages.https://e.infogram.com/3fbd6729-413b-4c69-ae8c-14f4f338a1e7?src=embed Other highlights from the CoreLogic Monthly.
In today’s Pulse article, Head of Research Eliza Owen discusses how the performance of dwelling values and rental demand influences Australia’s current housing supply. The current state of the Australian housing market is often characterised as undersupplied. Supply is at the centre of government policy approaches to housing, and the latest reporting from Housing Australia.
Three capital cities continue to power the national property market, with prices rising by 0.4 per cent in January to start off the new year. It marked the 12th straight month of value rises. CoreLogic’s head of residential research Eliza Owen believes there’s more in store for the housing market in 2024. “Nationally, we’re expecting.