2021 was an unprecedented year for Australian housing markets, so what can we expect in 2022? Property valuation analysts Corelogic offer some predictions. Data collated for Corelogic’s Home Value Index in the final months of 2021 shows that the number…
Read moreAuthor: Adam Nobel
Buyer preferences changing
Australia’s homebuyers have different priorities than they did two years ago, new research shows. A recent survey commissioned by national broker Mortgage Choice found that the demands of working from home over the last two years has changed homebuyers’ preferences.…
Read moreTips for moving in a pandemic
Most of us have grown used to staying at home over the past two years, but for those who have to move into a new home, that is not an option. Yet with a little extra planning and a few…
Read more$100m profit in 3 years!
It’s widely recognised that property builds wealth, but some locations seem to make more than others. One of those is 220 Central Park South in New York, where one owner has made US$100 million profit in three years! Billionaire Daniel…
Read moreSpiders, be gone
Spiders love summer, so by now you’re probably finding them festooned around doors and windows, on bins and even in your car’s rear-vision mirrors. To deter them from building their homes where you don’t want them, simply wipe over the…
Read moreValues end the year 22.1% higher
Home values rose by over a fifth in 2021, despite a slowing in growth over the latter half of the year. Corelogic’s monthly Hedonic Home Value Index has revealed that values nationally were 1.0% higher in December, down from a…
Read moreApprovals rise in November
New home building is set to continue into 2022 with a rise in approvals reported in November, according to the Australian Bureau of Statistics (ABS). The latest figures show that the total number of dwellings approved rose 3.6% in seasonally…
Read moreWhat’s driving home values?
Australia’s homeowners have seen the value of their property balloon over the past year. What has been driving the dramatic and quite-unexpected increases and how might these influences change over 2022? When we look at the finer details behind Corelogic’s…
Read more‘Cooling off period’, explained
While most home buyers know they want the property they are purchasing, it can happen sometimes that there is a change of heart. It might be due to an unfavourable, last-minute building inspection, or just simply buyer’s remorse. For this…
Read moreNew paths for old rugs
Until recently, unwanted rugs, carpets and offcuts have invariably ended up in landfill. But in November 2021, a new venture called TRAKS was launched to move the textile industry into a circular economy. Developed by Textile Recyclers Australia (TRA), and…
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