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News Archive

16 April 2009
Weekly Property Report
New figures from the National Australia Bank which measure business confidence showed an increase in the index for the second month running. Confidence levels remain at historic lows, however the consecutive upwards movement over the last two months provides a glimmer of hope that businesses may be viewing the economy slightly better than ...

01 April 2009
Property Value Index Release
Property Value Index Release Residential Property Market Back in Black as Property Values Bounce Back The release today of the RP Data-Rismark Hedonic Property Value Index heralds some exciting news for the Australian residential market. According to the latest monthly indices, property values are experiencing a recovery from the modest 3 per cent falls seen in 2008. The findings confirmed...

26 March 2009
Weekly Property Report
The last month has been pretty uneventful across property listings with few changes in the composition of new and total properties listed for sale across the country. The number of new properties advertised for sale sits right on the 12 month average and the number of new properties advertised for sale hasn’t...

20 March 2009
Weekly Property Report
Demographic data released this week showed that Australia’s population continued to grow through the September 2008 quarter. Across the 12 month period Australia’s population increased by more than 354,000 persons with a very impressive net overseas migration figure of more than 208,000 persons. These results may have been tem...

13 March 2009
Weekly Property Report
Several key indicators were released this week, including new consumer confidence figures, housing finance and labour statistics. The Westpac-Melbourne Institute Consumer Sentiment Index recorded a fall of 0.2% over the month to reach 85.6 points; well below an index score of 100 where pessimists and optimists are equally weighted. Despit...

05 March 2009
WEEKLY PROPERTY REPORT
This week the Reserve Bank decided to leave interest rates on hold after slashing the official cash rate by 4 percentage points since September last year. Most economists and the financial markets believe the official cash rate will fall further from its current level of 3.25%. The ASX futures market suggests the cash rate will bottom arou...

28 February 2009
WEEKLY PROPERTY REPORT
The number of newly listed residential properties is now leveling after the post festive season ramp up. Importantly, the number of new properties being advertised has leveled well below the pre-Christmas number. New listings are now at the same level as what was recorded prior to the spring selling season and well below the twelve month a...

20 February 2009
WEEKLY PROPERTY REPORT
Across the most recent week the total number of new properties advertised for sale again increased however, they still sit well below 12 month averages. New property advertisements are taking much longer to rebound this year than they did at the same time last year. By the second week of February 2008 new listings were back to similar leve...

17 February 2009
Liverpool vandals, your community is watching
Local residents, sick of having their property tagged, have posted a reward of $1000 to help catch the people responsible and as a result policeman Senior Constable Peter Linsley has had over 30 calls with information.  Sen Cons Peter Linsley from Liverpool Police station was surprised by the community's willingness to get involved, and he said that when asking the public for their deta...

13 February 2009
WEEKLY PROPERTY REPORT
This week we have increased the time series of our listing graphs to show the number of new and total advertised listings over two years. The trends are very interesting. We can clearly see the growth in new listings during 2007 and the corresponding slow down in new listings during 2008. It is quite clear from these graphs that there has not...

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