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Category Archives: Canberra
ACT economic snapshot
The Propell report on the ACT economy has been updated and is available from the link below. 132 ACT Economic Snapshot April 2012
Posted in Australian economy, Canberra, ACT
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Australian house prices up in February says rpdata
National residential prices were up +0.8% in February according to rpdata-rismark, after a fall of -1.0% in January, but remain 4.4% down on this time last year. Changes in each capital city were: Sydney +0.8% mom, median price $472,750 Melbourne … Continue reading
RpData-Rismark residential price figures need caution
The RpData-Rismark median house price figures for December have been issued today, but we are hesitant to accept them at face value. Firstly, they have revised the November figures, and significantly so. Perth, for example, was reported last month as … Continue reading
Best spots to invest in residential property
In an article in Smart Property Investment, Canberra was picked as the best spot to buy, along with north shore suburbs in Sydney, spots in Victoria, Adelaide, Perth and regional towns. The presence of Canberra at the top of the … Continue reading
Canberra residential faces lean year
We’ve previously flagged that Canberra residential prices have been weakening and likely to remain so in 2012, in the face of public sector cuts, but this was reinforced in an article in todays Financial Review “Flat times forecast for Canberra”. … Continue reading
Posted in Australian real estate, Canberra
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Australian Office Markets
Attached is the commentary on the Australian office markets that we’ve just released, based on the PCA office market figures. Sydney CBD vacancy rate increases while other markets enjoy large scale take up of space. 85 Australia main office markets … Continue reading
Residential markets: RPData-Rismark report
In the RPData-Rismark report released 29 July and attached, residential values are still falling, but the rate of decline is slowing, with prices, nationally, flat over the past months, though they report this as a slight fall in seasonally adjusted … Continue reading
More on BIS-Shrapnel forecasts
BIS-Shrapnel are certainly getting plenty of mileage out of their current residential forecasts. This article appeared in todays SMH at http://smh.domain.com.au/real-estate-news/interest-rate-rises-loom-but-home-prices-wont-crash-20110627-1gmw0.html “Property prices won’t experience huge losses over the next three years but interest rates will rise to almost 9.5 per … Continue reading
SQM says house prices falling
In an article in today’s News web site is a report on house prices by David Koch, based on data from SQM Research, who are currently in the “bear” camp on the outlook for house prices. They report falls in … Continue reading
ACT economic overview
After two years of low economic growth, the ACT rebounded in the year to December 2010, reporting growth of 5.3%, outperforming the Australian national figure of 2.7%. However, ACT growth for the quarter (4Q10) was 1.5%, a slowdown from 1.7% … Continue reading
