Tag Archives: Downturn

A host of Melbourne suburbs drop below the million-dollar median mark

The Domain House Price Report for December 2018 has provided a list of the suburbs which had previously seen median home prices above $1 million dollars, which can no longer claim as such. In early 2018, the number of million-dollar suburbs was on the increase – last February saw 13 new suburbs cross this immense threshold, bringing the total count

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Real estate recovery – the Perth suburbs surging upwards

Cottesloe, Gwelup and Bicton among most promising Perth suburbs Stirling is Australia’s second-strongest government area for growth markets These increases are built from a low base, following a drop post-resources boom In the wake of widespread downturn throughout Australia’s larger markets – Melbourne’s recent figures particularly bleak – Perth’s suburbs have been singled out by a recent index as leading

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‘Spurious’ council decisions blamed for slowing Tasmania’s real estate surge

11,400 property sales in 2018, worth $4 billion In the final three months – 9% dip across greater Hobart, 23% drop in inner-city sales 80% of Tasmanian sales went to Tasmanian buyers, only 2% foreign Tasmania was host to record property sales throughout 2018, with data from the Real Estate Institute of Tasmania showing 11,400 property transactions took place, valued

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