It is increasingly becoming more difficult to find positive information in property right now. We have tried to sift through to grab some good headlines in property this week. Let’s start with regions, because it is important to note that not every region in Australia is suffering.
Greville Pabst predicts Geelong real estate to outperform Melbourne
North shore property market starts the year on the right note
You might even think that there is a blanket decline on units, but even this is not the case
Sydney suburbs where median unit prices are up but median house prices are down
Despite the news reporting oversupplies, extended time on market and the like, there are winners in this current environment.
The winners from Australia’s property market slump
‘Great buying opportunities’ for careful investors looking at new-builds
Let’s not forget that it is a great time to buy. From The winners from Australia’s property market slump:
“My hunch is it’s a pretty good time to buy,” said Stephen Koukoulas, the managing director of Market Economics Pty and a former adviser to ex-Prime Minister Julia Gillard.
“If you’ve got a secure job, a deposit and financing, then affordability is pretty favourable.”
We also penned this piece this week to explain what a great time it is to enter the property market via off-the-plan units.
5 Reasons Why Now Is The Best Time To Buy Off-The-Plan in Sydney
Now on to the negative news:
Another leading indicator for Australian jobs growth is starting to keel over
Property price downturn extending beyond Sydney and Melbourne
Here’s to a positive March. Have a great week everyone!
