Monthly Archives: July 2019

At a glance: Although Australians in the property market have become more optimistic about house prices over the next 12 months, housing affordability remains the top worry, with 93% agreeing that ‘despite price falls housing affordability remains a big issue in Australia’, according to ME Bank’s second Quarterly Property Sentiment Report. All other perceived worries queried in the report have eased over the past three months, including concern about tighter credit policies (10 point drop), over negative equity (7 point drop), about being forced to switch to interest-only repayments (7 point drop), and concern about property values falling (5 point drop) all eased. Additionally, the report found more people sitting on the fence when it comes to transacting property; less are intending to buy (down three percentage points), less are intending to sell (down one percentage point) and more people intend to do neither (up five percentage points).

Although Australians in the property market have become more optimistic about house prices over the next 12 months, housing affordability remains the top worry, with 93% agreeing that ‘despite price falls housing affordability remains a big issue in Australia’. This … Continue reading

Posted in LJ Gilland Real Estate Pty Ltd

Brisbane, Adelaide and Hobart were the only states to experience increases in weekly rents for both houses and units.

Data released by SQM Research today has revealed the national residential rental vacancy rate increased in June 2019 to 2.3%, an increase from 2.2% in May.  The total number of vacancies Australia-wide is now at 78,690 vacant residential properties, an … Continue reading

Posted in LJ Gilland Real Estate Pty Ltd

Brisy house prices

DOMAIN Brisbane house prices set to rise faster than Sydney, Melbourne: report Jul 14, 5:59 PM Elizabeth Redman Senior News Producer Brisbane is set for the biggest rise in house prices of any capital city over the next three years, … Continue reading

Posted in LJ Gilland Real Estate Pty Ltd

Purplebricks red faced… again

Purplebricks red faced as it pulls out of US amid growing losses 08:54 03 Jul 2019 “While there remains a significant opportunity to disrupt the US market, it would take substantially more management time and resources than the company is … Continue reading

Posted in LJ Gilland Real Estate Pty Ltd