Corelogic has released their monthly chart pack for July 2022 with some revealing data about the state of the national property market.
Here are a couple of highlights:
The combined value of residential real estate in Australia fell to $9.95 trillion at the end of June, with 53.7% of household wealth held in housing
Dwelling values in Australia are 11.2% higher over the past 12 months
While new listings volumes have steadied, they are now 5.9% higher than the five-year average for the equivalent period.
If you're curious as to how we see things moving in the current market let's chat!
Whether you already own property or you’re looking at buying your next home or investment property here’s 4 ways, we can help you:
Strategic property advice – Allow us to build a Strategic Property Plan tailored for you and your family. Planning brings the future into the present so you can do something about it! This will give you clarity, direction, results and more certainty. Click here to find out more
Buyer’s agency –Our highly skilled and trained on the ground team in South East Queensland brings you years of experience and perspective. We’ll help you find your next home or investment property. Click here to find out more
Property Management – Our stress-free property management services help you maximise your property returns. As Qualified Property Investment Advisors, we will ensure you understand how your property is tracking from all aspects, value not matched in the market. Click here for your free rental appraisal and find out more.
Vendor Advocacy - A free service where we help identify the right agent to sell your property at any given point in time, based on a variety of agent checks. We will also help you understand what points are more negotiable with sales agents. On top of this, we will provide a free sales appraisal and $500 cash!