Melbourne: underlying housing market momentum well supported

Melbourne: underlying housing market momentum well supported

Insight, Melbourne

What will the Covid related lockdowns do to Melbourne’s property markets? Victoria has worked strenuously to fend off COVID-19 outbreaks with repeated incursions of the ‘delta’ variant over the last 3 months. Memories of Melbourne’s long ordeal during last year’s ‘second wave’ outbreak have seen the state take a hard-line approach to lock-downs which haveRead More

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New South Wales: ground zero of delta shock

New South Wales: ground zero of delta shock

Insight, Sydney

NSW is at the epicentre of Australia’s latest major COVID outbreak and is facing a large near-term shock. And obviously this will affect Sydney’s property market. Sentiment is glum and vendors are holding off placing their properties on the market for sale Prospects of a more urgent, accelerated vaccine roll-out are about the only ‘silverRead More

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Sydney’s median house price jumps another 24%

Sydney’s median house price jumps another 24%

Insight, Sydney

Greater Sydney’s median house price has hit a new record of $1.41 million over the June quarter, with prices up a huge 24% year-on-year. Sydney house prices soared by almost $1,200 a day over the June quarter, a total rise of $107,000, according to the latest Domain House Price Report for the June quarter. PricesRead More

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