Weekly News Updates

Read More Below

Lockdowns can’t slow down the red-hot property market

October 5, 2021

Despite ongoing states of lockdown on the East Coast, property markets continue to see steady gains.  According to the latest data from CoreLogic, dwelling values rose by 1.5% over the last month, with Sydney, Melbourne and Brisbane showing solids gains. Sydney values jumped 1.8%, taking its annual increase in 2021 to 20.9%.  Meanwhile, Melbourne property prices jumped 1.2% and Brisbane increased by 2.0%. Hobart and Canberra continue to be the best performed capital cities over the past 12 months.  While transaction volumes are slightly lower as is the total number of listings, buyers are still very active, according to CoreLogic.