Sydney and Melbourne to be investment hotspots

Sydney and Melbourne to be investment hotspots

Sydney and Melbourne are becoming hotspots for worldwide capital looking to invest in commercial property, according to an ANREV survey.   Sydney was the top preference for 86 per cent of investors, while Melbourne was the preferred destination for 83 per cent....
Property prices stabilise in February

Property prices stabilise in February

Sydney’s housing market is showing signs of recovery with values bouncing back by 0.4 per cent since February 7, according to CoreLogic. The recent data from the CoreLogic Daily Home Value Index (HVI) revealed that dwelling values in Sydney have rebounded by 0.3...
Auction clearance rates turn the corner

Auction clearance rates turn the corner

Despite a lower volume of properties, auction clearance rates across Australia remained surprisingly strong, according to CoreLogic.   Sydney’s preliminary clearance rate for the week was 71.8 per cent, which was only 1 percentage point below last...