australia property market

Sydney’s housing market trumped by Canberra and Hobart

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Australia’s property market has reached a turning point, with smaller cities taking more of a front row seat in the growth story. CoreLogic’s monthly figures show the capital cities with the biggest property price increases in November were Canberra (+0.9pc) and Hobart (+0.6pc). Melbourne dwelling values, on average, rose 0.5 per cent last month to … Read more

Sydney’s housing market contrasts sharply with towns where prices went from boom to bust

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THEIR house prices have crashed after once skyrocketing, but Australia’s worst performing property markets have almost nothing in common with Sydney it seems. The Harbour City property market recently became the subject of renewed attention when numerous indicators showed growth in house prices is slowing, prompting some commentators to warn of a coming crash in … Read more

Australia:Chinese property investment through the roof: What it really means

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FIGURES out this week show the Chinese are pumping money into the Australian property market like never before. Financial services company Credit Suisse estimates that residential investment from Chinese-based investors and new immigrants from China will more than double over the next six years to $60 billion. The company’s report out this week said Chinese buyers … Read more