According to a recent article published by Core Logic, “Although growth conditions remain positive, it is becoming increasingly clear the housing market moved past its peak rate of growth in March when nationally dwelling values increased by 2.8%. Since that time, the monthly rate of growth has eased back to 1.5%.”

CoreLogic’s national home value index rose another 1.5% in September, taking Australian housing values 17.6% higher over the first nine months of the year and 20.3% higher over the past 12 months. The annual growth rate is now tracking at the fastest pace since the year ending June 1989.

CoreLogic’s research director, Tim Lawless, believes the slowing growth conditions are the result of higher barriers to entry for non-home owners along with fewer government incentives to enter the market. Despite worsening affordability, house values are still generally rising faster than unit values; a trend that has been evident throughout most of the COVID period to-date, especially across the capital cities. Read more

A 3 month snapshot of our market – 1st July to 30th September as sourced from CoreLogic.
Ascot 17 House Sales $1,110,000 – $2,650,000
21 Unit Sales $397,000 – $1,250,000
Hamilton 24 House Sales $705,000 – $7,500,000
50 Unit Sales $410,000 – $2,300,000
Clayfield 23 House Sales $805,000 – $3,525,000
45 Unit Sales $365,000 – $875,000
Hendra 28 House Sales $708,000 – $3,850,000
2 Unit Sales $302,000
Kalinga 8 House Sales $860,000 – $2,790,000
1 Unit Sales $380,000
Wooloowin 9 House Sales $760,000 – 1,785,000
24 Unit Sales $226,000 – $470,000

If you are seeking a seachange, the stunning sub penthouse at Waters Edge – 55/36 Woodcliffe Crescent, Woody Point awaits. Either your new home or your weekend escape. The views are one in a million.

We are currently working with a number of home owners to secure a “quiet” sale. If you are considering your next move and would like to discuss the market or be introduced to your new home, we welcome your call or email. Our door is always open – You are our focus.

Regards
Amanda
0438 767 439
All information has been sourced from CoreLogic and is correct at time of publication.

55/36 Woodcliffe Crescent, Woody Point
$1,100,000

• 3 Bedrooms, 2 Bathrooms, 2 Car
• View by Appointment
• Click here for more information

127 North Pass, Tangalooma
For Sale

• 4 Bedrooms, 2.5 Bathrooms, 1 Car
• View by Appointment
• Click here for more information

20 Bonney Avenue, Clayfield

• 4 bed, 2 bath, 1 car
• $725 per week
• Eagle Junction State School Catchment
• Available now
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71 Towers Street, Hamilton

• 4 bed, 2 bath, 2 car, pool
• $1,750 per week – fully furnished
• Ascot State School Catchment
• Available now – 6 month lease
• Click for more information

 2/26 Butler Street, Ascot

• 2 bed, 1 bath, 1 car
• Sold after the first weekend on the market with multiple offers
• Click here for more information

Brook Street, Kalinga

• 5 bed, 3 bath, 2 car, 405sqm
• Sold ‘Off-Market’ to a Sydney based investor.

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