Monthly Archives: September 2023

The latest Pain & Gain report indicates an improvement in profitability for home sellers, with the loss-making rate easing to 7.2% through the June quarter from a recent peak of 7.6% in the three months to March.

The latest Pain & Gain report indicates an improvement in profitability for home sellers, with the loss-making rate easing to 7.2% through the June quarter from a recent peak of 7.6% in the three months to March. Despite profitability in … Continue reading

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URGENT MESSAGE RE CLOSING TODAY – NATIONAL RENTAL INQUIRY

Dear Industry Friends and Clients of LJ Gilland Real Estate & The Real Estate Institute of Australia, A final word to thank you for all your hard work in making submissions to the National Rental Inquiry. Together, we have already … Continue reading

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CARLOS – LATEST METRICS RE HOME VALUES AND RENTS AUGUST/SEPT 2023 SOURCE CORELOGIC HVI

Dear Valued Friends and Property Investors, The following is for your perusal and information only:- Australia’s home prices likely rose at a slightly faster pace in August (+1%) compared with July (+0.8%), based on CoreLogic’s daily 5 capital city index. … Continue reading

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Australia’s home prices likely rose at a slightly faster pace in August (+1%) compared with July (+0.8%), based on CoreLogic’s daily 5 capital city index. Brisbane (inc Gold Coast) prices are up 1.4% with Sydney and Adelaide prices both 1.1% higher.Adelaide and Perth are the only capital cities at new highs, Brisbane is still below it’s high in March 2022 based on this data (which includes the Gold Coast), though on the ground in Brisbane we are seeing data points of new all time highs in our target areas.

CoreLogic’s national Home Value Index (HVI) marked a sixth consecutive monthly rise, up 0.8% in August. The monthly gain was a slight acceleration from the 0.7% increase in July, interrupting a two-month trend of slowing capital gains.  Since bottoming out in … Continue reading

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