News & Updates
Construction costs rise at the fastest annual pace since 2005
CoreLogic’s Cordell Construction Cost Index (CCCI) for Q4 2021: • Construction costs rose 5.6 percent in the year to September, the fastest annual pace since
Land prices soar to record highs
The median lot price increased 8.5 percent to $256,683 in the 12 months to June, according to the latest Housing Industry Association-CoreLogic Residential Land Report.
Wage Growth was Left Behind the Living Cost Rise
Wages growth varies wildly by industry and occupation and average pay increases are still trailing the rising cost of living. Check out the full details
Property owners are bulling in price growth for 2022 – survey
More than eight out of 10 Australians believe housing values will continue to rise this year, with nearly six out of 10 believing residential values
Annual CPI inflation increased to 3.5 percent in the December quarter
◘ Annual CPI inflation increased to 3.5 percent in the December quarter, due to higher dwelling construction costs and automotive fuel prices.◘ Trimmed mean annual
The mean price of the residential dwelling in Australia is now valued at $920,100
The national average price for residential real estate has beat the one million dollar mark for the first time. The mean value of real estate
Australia’s eight capital cities grew 23.7 per cent over the last 12 months
New data released by the Australian Bureau of Statistics (ABS) has suggested that the last 12 months have seen capital city property values soar to
House prices to peak in mid-2022
Regional markets have continued to climb. The combined region’s home price index rose by 1.6 percent in February. The CBA reported said, “Stock remains low
More Australians now considering Property Investment
More Australians are considering property investment, according to new research from the Commonwealth Bank. The number of people who aspire to purchase a property has