Latest Property News

Rental growth shudders over December: CoreLogic

By Jack Campbell 15 January 2025  Recently released data from CoreLogic has indicated that rental growth stagnated over December, the smallest fourth-quarter increase in rents since 2018. Meanwhile, annual rental increases saw a dip in 2024, climbing 4.8 per cent throughout the year. This is much lower than the 8.1 per cent climb experienced in 2023,…

Market wrap for Strathfield – Burwood – Ashfield

November 2024 quarter In 2024, Sydney’s property market demonstrated resilience amid ongoing economic turbulence. Prolonged cost-of-living pressures and a cash rate that remained higher for longer than many had hoped did little to derail overall performance. However, growth started to moderate towards the end of the year as affordability constraints and borrowing limits weigh on…

Three million additional strata units offer part of the solution to housing crisis

CoreLogic Australia Research News   •   22 Nov 2024 New analysis has identified the potential to build more than three million additional strata units over almost 1.3 million sites across Australia’s capital cities, providing one potential solution to Australia’s growing housing crisis. Of those units identified, almost 500,000 (16%) are situated on ‘low complexity’ sites without any…