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House Prices Jump 9.5% in Three Months

Welcome back! You may recall on December 8th I wrote, ‘Are we up 10% in 10 weeks?’: I suggested that prices for period homes in Stonnington seemed to be up 10% in the 10 weeks since Stage 4 lockdown ended in late September. I thought I was being flippant, but it turns out I was […]

Housing Affordability at an 18 Year High

No wonder the property market is going nuts… According to new analysis from Betashares published by Business Insider, thanks to an historically low 0.1% cash rate, housing affordability in Australia is at its highest level since 2002. This varies by city, with Sydney still being ridiculously unaffordable at around 34% of after tax income required […]

Are We Up 10% in 10 Weeks?

I feel like our market is up 10% in the 10 weeks since lockdown ended. By ‘our market’ I mean period homes in Stonnington between $1m and $4m. And when I say 10% I’m being flippant. I made this figure up. There’s no stats to back it up yet. Except for the recent sales results, […]