澳洲Australia property Perth Statistics | Sydney

在澳大利亚


Looking at REIWA stats for last week:

Sales Last Week 747
Sales Same Week Last Year 433

Properties Listed For sale 13,291

Sales increasing, properties for sale decreasing. I would think another interest rate cut may tip the market almost in to a sellers market soon.  

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Interesting. I thought a balanced market was around 15k-16k properties on sale. Thinking of offloading a property at the end of the year to fund another project, so will be good timing.  

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WesternRat said: ↑
Interesting. I thought a balanced market was around 15k-16k properties on sale. Thinking of offloading a property at the end of the year to fund another project, so will be good timing.Click to expand...
Balanced is now about 12500 to 13000.  

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Yeah, I agree with Hotrod. I thought a balanced market was somewhere around the 12K mark.


http://reiwaviews.com.au/2012/04/first-home-buyers-remain-an-important-part-of-the-game/  

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Dazz said: ↑
Yeah, I agree with Hotrod. I thought a balanced market was somewhere around the 12K mark.


http://reiwaviews.com.au/2012/04/first-home-buyers-remain-an-important-part-of-the-game/Click to expand...
That was true say 5 years ago but I think it has crept up with the increase in the total number of houses. Some guy from REIWA (president??) mentioned 12500 on local radio about a month ago.  

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12,500 is a 5 or 10 year average (I can't remember).

However, in the last 5 or 10 years we have had a substantial amount of stock constructed. More stock means the averages should be adjusted up. I would say that the new census data would supply a more accurate average.

It is a dichotomy, Mortgage belt areas still buyers market. Low supplied areas is a sellers market. Anything with development potential <$550k in low supplied areas will be sold withing 2 - 3 weeks if it is priced correct.  

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the absorption of listings has been incredible. With unabated population expansion and a lack of supply the current rental frenzy can only increase, which should see a degree of spill over into the sales market  

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Ausprop said: ↑
the current rental frenzy can only increase,Click to expand...
sure hope so! :D  

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Dazz said: ↑
Yeah, I agree with Hotrod. I thought a balanced market was somewhere around the 12K mark.


http://reiwaviews.com.au/2012/04/first-home-buyers-remain-an-important-part-of-the-game/Click to expand...
Interesting that REIWA say that "Land" is over represented in thier stats with all of the developers listings and that they belive the actual market is now at normal levels  
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