The 2016/17 financial year saw a very active coastal market once again, buoyed by low interest rates and continued positive sentiment from the metropolitan property markets.
So let’s look at the performance of each of the towns during this period. As a reference, these sales are house sales, that is a free standing dwelling on its own title. We do not include land sales or units although freestanding dwellings with common … Read the full post »
Recently, almost on a daily basis, we have been seeing property market commentary from “experts”, mostly economists warning of “Australia’s housing bubble”. Most people understand the concept but I thought I would clarify what it is and what it is they are concerned about.
According to Wikipedia, “a property or housing bubble is a form of economic bubble normally characterised by a rapid increase in market prices of real property … Read the full post »
