Stay informed about the latest property market developments!

According to CoreLogic's national Home Value Index (HVI), housing values have been on the rise for the fifth consecutive month, signalling a robust recovery.

Key Highlights:

• The national HVI is up 4.1% since February, rebounding from a -9.1% decline.

• Home values remain -5.3% below the April 2022 peak, with Perth, Adelaide, and Regional South Australia reaching new highs.

• Sydney's growth pace has halved, while Brisbane and Adelaide saw an acceleration in July.

• Resilient growth is observed in the middle and affordable segments, driven by first-home buyers and investors.

Regional markets, including the Gold Coast, South East Tasmania, and Newcastle/Lake Macquarie, have experienced notable value increases, while areas of Regional Victoria showed weaker conditions.

Why are vendors becoming more active during the typically subdued winter season? Possible reasons include current market conditions favouring sellers and the impact of the rapid rate-hiking cycle on household balance sheets.

At our property advisory business, we keep a close eye on market trends and offer valuable insights to help you make informed decisions. Download the full Home Value Index report to explore in-depth commentary and charts on listings, sales volumes, rents, rental yields, market outlook, and much more!

Don't miss out on the latest property market intelligence. Stay ahead in your investment journey and unlock exciting opportunities with us. Happy to discuss your property plans any time!

Donie Collins