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Good afternoon, The week was quiet on economic data, with some movement in the interest rate outlook standing out as the most significant development. Highlights of the week: A slight...
Tags: Research
Home buying service MyFirstHome (a division of Oliver Hume Home Solutions) has identified the 20 best suburbs in Melbourne, South East Queensland, and Adelaide, where first home buyers can take adv...
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Good afternoon, This week, the media landscape was dominated by social tensions due to issues both domestically and abroad, alongside the High Court's findings over the controversial Robodebt s...
Tags: Research
The immediate impact on property markets of today’s stronger than expected GDP result is that any chance of a September rate cut have probably disappeared. Prior to today’s release, financial mar...
Tags: Research
Oliver Hume's August Home Value Index StatementFollowing the release of Cotality Australia’s August Home Value Index, Our Chief Economist Matthew Bell shared his insights on the evolving property l...
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Good afternoon, A big week for the interest rate outlook as July inflation results were released, but also for the residential property industry specifically with some key Federal government an...
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New research from Oliver Hume reveals that buyers priced out of inner-city suburbs in Adelaide, Brisbane, and Melbourne can find significantly more affordable options in growth corridors, where new...
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Oliver Hume Chief Economist Matthew Bell said the recovery in land sales we’ve seen in the last few months as a result of the first two RBA cuts was dealt a blow today as the RBA went against near...
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Australia's inflation figures remain steady, with the monthly rate at 2.4% in April and the trimmed mean CPI increasing slightly to 2.8%. While the Reserve Bank of Australia recently cut the cash r...
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The latest Oliver Hume May market update covering our key markets of operation: Victoria, Southeast Queensland & South Australia. Quick overview: ☑️ Victoria: Continuing momentum with so...
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Our Chief Economist, Matthew Bell on:✔️ Australia's GDP for the March quarter came in at a lower-than-expected✔️ Severe weather conditions are likely to be attributed to this✔️ An anticipated slowd...
Tags: Research
South East Queensland (SEQ) median land prices surged in the first three months of the year, surpassing $400,000 and overtaking Melbourne for the first time, according to new data from property ser...
Melbourne’s land market continues to show the early signs of a recovery with demand edging higher again in the March quarter while prices also showed a slight improvement, according to new data fro...
Victoria’s land market found a base slightly above historical lows in February as reservations rebounded from January’s seasonal low towards the top of the band the market has operated at for nearl...
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It's time for the Victorian Government and planning authorities to get serious about greenfield development in and around Melbourne or wear the consequences of rising prices, increased unaffordabil...
Tags: New development Research
For more than four years, beginning in early 2020 when COVID-19 reached our shores, the Australian home building industry has faced a series of challenges that have tested the industry, consumers,...
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The upcoming Victorian Budget will be one of the most important in recent years, especially in tackling the many challenges Melbourne and regional Victoria face. The state’s growing housing sho...
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New data showing residential property prices in Australia’s regional areas outpacing capital cities should come as no surprise. The continued increase in demand for property in regional areas,...
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By Julian Coppini, CEO Project Marketing & George Bougias, National Head of Research The Federal Government’s recent changes to migration policy is just the latest sign that, as a nation, w...
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“Buy land. They’re not making it anymore.” The famous quote attributed to Mark Twain was not directed at property buyers living in Melbourne in 2023, but it is probably the best piece of advice...
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Since May 2022, when the Reserve Bank of Australia (RBA) first raised interest rates and set in motion one of the most challenging periods in decades for the property development sector, the indust...
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As the dream of home ownership slips away for even more Victorians, improving affordability has become even more critical. There will be no silver bullet to solving the current affordability cr...
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The South Australian Government’s decision to scrap stamp duty for first-home buyers purchasing a new home valued up to $650,000 is an inspired policy that will underpin a new wave of investment an...
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Adelaide's reliable, diesel-powered land market could be about to go nuclear, with an expected AUKUS-driven employment and economic boom set to further underpin long-term confidence and growth in A...
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One of the criticisms of modern society is that we are often too focused, almost exclusively, on the short term at the expense of the long term. This is especially the case when it comes to the...
Tags: Sales New development Research Staff Investment Community Finance
Modern property buyers have access to more data than ever before to help them make more informed purchasing decisions. In fact, the success of our business, Oliver Hume, is built on a range of comp...
Tags: Sales New development Research Staff Investment Community Finance
Demand for land in South East Queensland remains elevated with sales up to 10 times higher than pre-pandemic levels in some areas, while just seven suburbs have a median price under $300,000. A...
Tags: Sales New development Research Staff Investment Community Finance
GREATER Adelaide’s median land prices have surpassed $200,000 for the first time after growing by more than 5% to the June quarter. According to real estate services group Oliver Hume, land pri...
Tags: Sales New development Research Staff Investment Community Finance
Amid the backdrop of a sun-lit Adelaide skyline on the afternoon of Friday 8th July 2022, a crowd of around 200 gathered at 2KW Rooftop Bar for the Oliver Hume South Australia Launch Event. Twe...
Tags: Sales New development Research Staff Investment Community Finance
Interstate migration and low housing stock is pushing up prices in an enduring South East Queensland land market. According to the latest data from Oliver Hume, the SEQ land market saw a 9.1% b...
Tags: Sales New development Research Staff Investment Community Finance
While residential property prices in many markets around the country are beginning to retreat from record highs, the Adelaide land market remains resilient with prices being underpinned by the loca...
Tags: Sales New development Research Staff Investment Community Finance
The pace of development in Melbourne and regional growth corridors remains high and building activity continues to accelerate. The delivery of major new infrastructure projects is a key driver...
Tags: Sales New development Research Staff Investment Community Finance
The South Australian land market begun 2022 on the front foot as sales volumes, prices and overall demand continued to show strength. Increased activity is underpinned by the increasingly posit...
Trends in the ‘post-COVID’ era Identifying and understanding long-term trends is an important although rare skill. Getting a handle on underlying trends in times of rapid change is especial...
Tags: New development Research
Australia’s Landmark Submarine Deal and the South Australian Property Market Australia’s landmark deal with the United States and Britain to acquire at least eight nuclear-powered submarines is...
How Small Towns In The Macedon Ranges Are Capturing Buyers From The Big City City buyers seeking a regional escape are discovering the Macedon Ranges Shire with the region experiencing a subst...
Tags: New development Research
The townhouse market has the potential to become one of the most exciting and dynamic residential sectors as Australia enters the next residential property cycle. Robust demand for residential...
Surging popularity in regional real estate has been one of the hallmarks of the property market since the emergence of COVID-19. One of the regional cities that has captured the attention of bu...
Tags: New development Research
Investors continue to make a strong return to Melbourne’s house and land market, with nearly one in three purchasers in April identifying as an investor. Oliver Hume data shows that in January...
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In an economy where an increasing number of Australians are expected to be receiving the COVID-19 vaccine, the real estate markets that have been supercharged by the post-pandemic recovery are wort...
Tags: Sales New development Research
George Bougias National Head of Research Oliver Hume The COVID-19 virus has taken a hammer to many of the ideas we have about what is normal. It is obvious now that many things will ne...
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Demand for land across South East Queensland (SEQ) continued to gather pace through the September quarter with renewed buyer confidence driving down the time on market for a block of land for the t...
Tags: Sales New development Research
The Melbourne land market is slowly normalising with the median time on market for new land recording its third consecutive quarter of stable results. New research by leading property services...
Tags: Sales New development Research
With new forecasts of record population growth across Australia’s major capital cities over the next few decades and affordability remaining a challenge, is it time to reconsider the core principle...
Tags: Sales New development Research
Melbourne’s typical house block has shrunk again, despite land prices and sales numbers falling across the past year. New figures released by researchers at development advisory firm Oliver Hum...
Tags: Sales New development Research Staff Finance
Land buyers looking to take advantage of lower interest rates should look to Ipswich, with new analysis showing the growing region is home to South East Queensland’s best value land. Property s...
BY GEORGE BOUGIAS, NATIONAL HEAD OF RESEARCH Having the right data as quickly as possible is important in any industry not least in property. One of Oliver Hume’s advantages is our access t...
Tags: Sales New development Research
South East Queensland’s land market is expected to be one of the major beneficiaries of the Federal election with loosening credit controls and local economic also helping to drive demand over the...
14 November 2018 Although the Australian economy continues to grow, in part because of the deregulation and other policy measures instituted several decades ago, it is clear there will need to...
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Providence Unlocks New Lots To Capitalise on Optimistic Ipswich Land Market another major land release at the project amid an ongoing boom in Ipswich property prices. The new Silverleaf releas...
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Melbourne Land Market Robust But Price Growth Slowing Demand for land in and around Mebourne continues to experience unprecedented demand with the average block being snapped up just 24 days after...
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Demographics and the Future It has been said that demographics are destiny. Those familiar with the long sweep of human history could point to many examples of where even minor changes in a popul...
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SEQ New Project Land Approaches $600 Per Sqm The average price for new land in South East Queensland (SEQ) is approaching $600/sqm for the first time with the amount of new project land coming to...
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SEQ Land Delivers Strong 2017 Despite Weaker Final Quarter Despite the weaker final quarter, 2017 was a strong year for South East Queensland land market with the average value rate (price per sqm...
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Victoria’s land market finished 2017 the way it started; with eager buyers snapping up blocks faster than developers can bring them to market, putting upward pressure on prices. Oliver Hume’s n...
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8 September 2016One of southeast Queensland’s fastest growing communities is now home to Australia’s first all-digital sales centre, offering home and land buyers a fully interactive and paperless...
Tags: New development Sales Research
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