- 20 September 2019
Is the property market recovering?
Hi All,
Trust you survived last Friday 13th ok (I didn’t mention it so I wouldn't jinx anyone!) as we come towards the end of the third quarter of 2019!
Some good news out from Core Logic, where you can see the trend yourself:
a good, strong uptick in auction clearance rates!
Logically . . . this is followed by house price increases!
The latest ABS data points to further signs of a recovery in the residential property market.
The ABS data follows on from research released by CoreLogic earlier this month, which revealed that national home values increased by 0.8 per cent in August – the first monthly rise since April 2017.
The bump in home values over the month of August was driven by a 1 per cent increase in prices across Australia’s combined capital cities, spurred by improvements in Sydney and Melbourne, where prices jumped 1.6 per cent and 1.4 per cent, respectively.
All of this activity, is logically driven by:
-
The RBA's back to back rate cuts in June and July
-
The federal government's tax deductions/credits hitting people's bank accounts
-
Updated changes to mortgage lending
For over 25 years now, Property Club have been assisting Club members to safely invest in residential property giving the best returns like the above for the long term!
Make contact with your Property Mentor or enquiries@propertyclub.com.au for further information, so you can get the right properties in the right areas, best selected for capital growth!
Troy Gunasekera
National Manager
Related Posts
Sydney Property Is Back — And The Smart Money Knows It
For years, the talk has been that Sydney is too expensive, that the best time to buy has passed, and that the market will cool. Yet history shows Sydney never stays quiet for long. After the Reserve Bank’s first interest rate cut earlier this year, buyer activity lifted and clearance rates rose above 70 per cent...
Brisbane’s Global Moment: Why Investors Should Look North
Brisbane is no longer the quiet achiever of Australia’s property market. It has emerged as the nation’s fastest growing capital city, outpacing Sydney, Melbourne and Perth on key economic and demographic fronts. For property investors, this is more than a local story, it is a global one. A Population Boom with...
Are You Overpaying on Your Mortgage?
When was the last time you actually looked at your loan structure? Not just the interest rate flashing on your statement but the whole picture. The difference between a mortgage that drains you and one that frees you up comes down to structure. In a cost of living crunch, that difference matters. The Silent Money...
- 17 September 2025