Prices rose by 1 percent in the three months, the strongest climb since 2014. string(13) "Battery Point" ["median_twelve_month_growth_percent"]=> For Sydney’s inner ring, if this trend continues, as it’s likely to for the foreseeable future, we can expect to see downward pressure on rents“While this is great news for tenants, it’s a recipe for disaster for many landlords.”The middle ring has also seen vacancy rates swing upwards – 0.6 per cent to 4.6 per cent.On the other hand, Sydney’s outer ring bucked the trend with vacancy rates tightening by 0.1 per cent to 2.6 per cent.Mr McKibbin said that the impact of COVID-19 on the residential rental market “continues to be significant and shows no sign of abating”.The combined capital cities forecast is down from 1,326 auctions last week, but higher than this time last year when 1,108 homes were taken to auction.Across the smaller auction markets, Brisbane is set to hold the most auctions this week (114), followed by Canberra (61), Adelaide (51) and Findings collected by CoreLogic for the week prior show that, of the 1,315 reported results last week, 54.1 per cent returned a successful result. ["suburb"]=>

string(22) "/data/vic/3423/jeparit" Article summary: There is reason for optimism, despite an economically and politically tumultuous 2019, followed by the corona pandemic-plagued 2020. ["median_twelve_month_growth_percent"]=> Mr Lawless says that weaker rental conditions across the unit sector can be attributed to a combination of high supply and low demand. ["link"]=> Get notifications in real-time for staying up to date with content that matters to you.Find out this investor’s three-stage plan to double his assets in 10 yearsLet a seasoned investor tell you about the ‘secret hotspots of tomorrow’Why property investors have the freedom to choose their own path in life Expert advice: Cladding finance solutions for strata owners This includes weekenders and those wishing a permanent tree change where they can work remotely and escape the pressures of city lifeMcGrath’s head of franchise network Christopher Mourd said that the Snowy Mountains of NSW is a key lifestyle market for their ACT and NSW client base, who are increasingly attracted by its relaxed way of life, affordable housing and sense of community.Cooma is central to this market, serviced by a local airport, excellent infrastructure and connectivity, the Another regional opportunity lies 254 kilometres west of Sydney, in the suburb of Orange.Propertyology’s Mr Pressley said that Orange, with its 41,000 residents, stands as one of the strongest markets in Australia over the past five years, both in terms of capital growth and rental income growth.According to the researcher and property enthusiast, the past five years have seen capital growth in Orange increase by 38.6 per cent and rental growth by 15.2 per cent.By comparison, Sydney has seen capital growth of 22.2 per cent and rental growth of 5.8 per cent over the past five years. [3]=> House rents are also down but with a much softer drop of -1.3%. string(6) "Balwyn" Under a more optimistic scenario house prices could fall by 11 per cent.NAB’s worst-case scenario similarly predicts a 30 per cent drop by 2021, while Westpac’s base case scenario anticipates a 15 per cent fall in house prices in 2020 and a further 5 per cent fall in 2021.ANZ’s base case scenario predicts a 4.1 per cent decline in 2020 and a 6.3 per cent decline in 2021. Throughout the COVID-19 crisis, Sydney property values have fallen by 0.8 per cent, while national capital has fallen by an average of 0.7 per cent. string(23) "/data/qld/4825/townview" string(15) "46.538461538461"

As we move out of winter and catch a glimpse of spring, it is time to look back and assess how property markets performed across Sydney and regional NSW during August. string(4) "7004"

string(22) "/data/nsw/2671/wyalong" string(15) "47.058823529412" object(stdClass)#20131 (4) { ["suburb"]=> ["postcode"]=> string(7) "Jeparit" While COVID-19 and the challenges Melbourne faces in containing the virus, continue to dominate the national news cycle, it is important to keep a clear head and maintain a realistic perspective. ["link"]=> string(28) "/data/tas/7004/battery point" [2]=>

Property prices.

Published September 4, 2020 Compare recent sales and find out how much your property is worthIn this climate, the agent you choose is more important than ever.Brisbane and QLD property market update - August 2020Sydney and NSW property market update - August 2020Here’s what’s happening in the Sydney property marketThe median property price is the sale price of the middle home in a list of properties ranked from highest sale price to lowest over a set period of time. We have far more buyers in the market at present than available stock,” he said.The south-west has long been an affordable option in the broader Sydney market, and with planned infrastructure for the region, including the Western Sydney international airport, the South West rail link, shopping centres, aged care facilities and educational offerings, Mr Diggins forecasts that the local market will be “extremely positive” post-COVID-19.“We expect there to be a surge in enquiry from residents, considering the move west from inner Sydney suburbs.

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