Tag Archives: propertyprices

Luckily Qld property prices never reached crazy levels that NSW’s and Victoria’s did – now less room to fall

Michael Janda at ABC News has a good summary of the residential property price data for December quarter published yesterday by the ABS: Australia’s $133 billion property price slide rapidly becoming the worst in modern history This correction has been … Continue reading

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Credit cycle in downswing phase

There is a lot of disappointing economic data coming out for Australia lately. Today the ABS released its January 2019 Lending to households and businesses estimates which  confirmed the credit cycle is in the downswing phase (see chart above). This … Continue reading

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Property market shows parents are willing to pay for high-performing State Schools

There is a report from Domain today about the impact of school catchment areas on house prices (House prices in some Queensland state school zones rise by up to 40 per cent): “With the new school year just underway, the … Continue reading

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Sydney & Melbourne property prices defy rational explanation

At the Guardian, Gareth Hutchens criticises some market economists for their forecasts of a correction in house prices in 2016, while house prices in Sydney and Melbourne actually grew at double-digit rates. Market economists Saul Eslake and Stephen Koukoulas have … Continue reading

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Heat map of Brisbane metro property prices – big opportunities in the Western corridor?

It is well appreciated that people are willing to pay more for properties that are closer to the CBD, have a greater range of services close by (e.g. transport, retail) and offer an attractive lifestyle (e.g. a cosmopolitan community, river … Continue reading

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As many units as houses approved in Queensland in last 12 months – is a unit price crash coming?

In March, QUT Media reported that, based on analysis by Professor Chris Eves, “Brisbane’s inner city apartment market will crash in 2016, due to oversupply driven by belief in inexhaustible international demand.” (See Collapse of Brisbane’s inner city apartment market … Continue reading

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Residential building activity recovering nicely, but still below levels of mid-2000s

Builders across Queensland should have noticed higher levels of residential building activity lately, although they may still be disappointed activity remains below the levels of the mid-2000s (see chart based on ABS building activity data released yesterday below). The new … Continue reading

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