CoreLogic Australia

⛰️ 🏡The latest CoreLogic Australia Regional Market Update shows a slowdown in property value growth in regional markets, driven by affordability constraints and elevated interest rates. Dwelling values increased by 1.3% over the quarter, compared to 1.8% in capital cities. What are your thoughts on these trends? Share your insights and observations below. Other highlights 👇 - Queensland has emerged as the leader, overtaking Western Australia from the top spot for the quarter with Gladstone values rising 9.2% over the three months to July - A decline in values across 14 regional New South Wales markets and six regional Victoria markets, with Coffs Harbour down -3.8%, Ballarat -3.4% and Orange -3.1% - After accelerating through the first quarter of the year, rental growth across the combined regions is once again losing momentum. Head to CoreLogic News to download the full report: https://ow.ly/v6yX50T3CFH #CoreLogicAU #RegionalMarketUpdate #PropertyMarket #RealEstate #Affordability #InterestRates #HousingTrends

While the world tuned into the Olympics, CoreLogic Australia teams in Brisbane and Adelaide hosted the 2024 Office Olympics, putting their best athletes to the test with events spanning over two weeks.   The Office Olympians faced off in team and individual events like 'Paper Plate Discus', 'Connect 4’, ‘Badminton’ and 'Virtual Scavenger Hunt'. With 50+ enthusiastic participants bringing their A-game, competition was fierce. Congratulations to the champions! Here's to the power of teamwork and some warm-hearted friendly rivalry. 🥇   Meredith Vaughan-Atkins Mohammad Shahnawaz Khan Cyndi Sedecki Leith Mitchell Thomas Bennett Rhys Dopheide Zafiro Klironomos Kenneth Svensson Aaron Morey Christo Papas Rose Cross Claudia Ryan Stefan Du Toit #CoreLogicAU #GreatPlaceToWork #OfficeOlympics

With spring around the corner, buyers, sellers and property professionals are gearing up for a lift in sales and listings activity – though demand may vary across the capitals. Eliza Owen's recent analysis highlights key findings on the upcoming season’s selling conditions: 🌻 Listings blossom: Over the past decade, fresh listings nationally have increased 18.2% between winter and spring and sales have increased 8.3%. Colder regions saw the largest increase in spring time listings, led by ACT (34.7%), Hobart (27.9%) and Adelaide (26.8%). 👨👨👦👦 Higher buyer influx: With an estimated 124,500 sales outpacing 123,000 new listings nationally over the three months to July, CoreLogic data indicates we’re heading into spring with slightly more buyers than sellers. 🏡 Mixed picture by region: Perth and Adelaide sellers are in a strong position, as well as sellers in affordable markets of Brisbane like Beaudesert, with low stock levels and high demand. On the flipside, listing numbers are unusually high in Melbourne’s SA3 market Sunbury, and Brighton in Hobart, suggesting these are buyer’s markets. Head to CoreLogic News to read more: https://ow.ly/xBt250SYXUs #CoreLogicAU #springselling #listings #sales

🏘️ Australian dwelling values rose half a percent in July, the 18th consecutive monthly nationally – a figure on par with the 0.5% increase recorded in June. 📊 However, while the headline growth rate remains positive, it is clear momentum is leaving the cycle and conditions are becoming more diverse with three capitals recorded a decline in values over the past three months – led by Melbourne. Catch Tim's full market update to learn what's happening in your nearest city now: https://ow.ly/VVVe50SUnzb #CoreLogicAU #HousingMarketUpdate

🏚️ The Australian rental market has experienced its slowest growth in four years, with CoreLogic Australia's monthly Chart Pack showing a modest 0.1% increase in national rents during July. CoreLogic Australia's economist Kaytlin Ezzy said the easing in the monthly growth trends marks a stark contrast to the 39.7% surge in rents recorded over the past five years. 📈 Learn more in the August Housing Chart Pack, and get your monthly dose of the latest must-know metrics: https://ow.ly/UoSY50SUnzN #CoreLogicAU #HousingChartPack #Rent

Our latest AVM release reflects our commitment to innovate for our customers. The integration of new data sources, cutting-edge AI modelling and rigorous testing have led to an uplift in accuracy and timeliness: 🏡 Over one million additional usable AVMs 💡 Introduction of new proprietary capabilities to unlock comprehensive, near real-time multi-dimensional view of a property Combined, this latest innovation evolution helps to meet consumer expectations for speed, agility, and accuracy across the property valuations process. Learn more about our market-leading AVM: https://lnkd.in/gkUa2YxG   #CoreLogicAU #AVM #AI #PropertyData #PropertyValuation

What does the RBA’s hold decision mean for the property market? CoreLogic Australia’s Tim Lawless argues that while stable rates and lower inflation should help to lift consumer sentiment, the August hold decision may not be enough to see that rise in consumer sentiment flow through to housing market activity. #cashrate #rba #property #interestrates #corelogic #rpdata #housingmarket

📢 We’re proud to announce that CoreLogic Australia has been recognised as a Great Place to Work. 📢 The award is based entirely on what our people say about their experience working for CoreLogic Australia - with a fantastic 87% saying it is a great place to work. This reflects the inclusive culture we’ve built anchored by our values of ‘Be yourself’ and ‘Lift people up’. #GreatPlacetoWork #CoreLogic #GPTWcertified #ProudtotheCore #WeAreCoreLogic

Brisbane takes silver? 🥈 Our latest Home Value Index showing Brisbane has overtaken Canberra as the second most expensive capital in the country - The first time Brisbane has overtaken Canberra since July ’99! #CoreLogicAU

Brisbane takes silver? 🥈 Our latest Home Value Index showing Brisbane has overtaken Canberra as the second most expensive capital in the country - The first time Brisbane has overtaken Canberra since July ’99! #CoreLogicAU