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Category Archives: Investments

Untapped granny flat potential

CoreLogic Research News   •   17 Oct 2023 Potential 655,000 Granny Flat Sites New analysis of all residential properties across Australia’s three largest capitals has identified more than 655,000 sites suitable for the construction of a granny flat, offering a solution to

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FRESHWATER SUBURB REPORT OCTOBER 2023

Market Report for Freshwater (2096) based on a CoreLogic suburb commissioned by Shane Spence Real Estate as of 10 October 2023 Suburb_Report_Freshwater_NSW_2096_Tu-24-2023: SALES MARKET House Prices: Freshwater’s median house price have recovered from their recent low in December quarter 2022 ($3,000,000). 

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Four Major Errors Sellers Make

We all know the mnemonic device, i before e except after c. And in the main this rule is true.  There are however exceptions: weird, foreign, leisure, seize, forfeit, height, protein, caffeine, forfeiture, codeine, heifer, efficient, ancient, conscience, and sufficient. 

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Bigger Is Not Always Better

Shane Spence: Best Real Estate Agent In Fairlight It may sound a boastful claim but since Shane Spence Real Estate is the only real estate agent based in Fairlight, it is one which is easy to make.  But that is

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Investors Opting Out

High Interest Rates, Increased Regulation For a number of reasons, it appears there is an increasing number of investors opting out of the market.  At a time when supply of investment properties is at a low and demand is at

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Manly Real Estate Prices Hold Firm

Despite the best efforts of the Reserve Bank to dampen inflation and with it the housing market, the local Manly (NSW 2095) market has proven its resilience by refusing to buckle under the weight of interest rates rises. Looking at

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Where has affordability deteriorated the most in the regions?

Eliza Owen – Corelogic – 2 December 2012 The recently released ANZ CoreLogic Housing Affordability Report showed wide scale declines in housing affordability through the current upswing. At the national level, the ratio of housing values to household incomes reached a new

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Shane Spence Real Estate Fairlight

Fairlight Property Report

The following Property report has been extracted from CoreLogic.  Minor editing has been made.  For a full original and up to date copy of this report, feel welcome to contact Shane Spence.  The report from which this information was extracted

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Shane Spence Real Estate Fairlight Manly

Where have monthly value changes fallen the most?

Eliza Owen Corelogic 8 November 2021 Australian property values are seeing a slowdown in the monthly rate of growth. This trend is expected to carry into 2022, as affordability constraints rise, mortgage rates bottom out, and a higher number of

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Shane Spence Real Estate

Housing values 1.5% higher in October as growth trends ease and downside risk builds

Australian housing values rose 1.5% in October, a similar result to August and September However, taking the monthly change out another decimal point shows the market is continuing to slowly lose momentum since moving through a peak monthly rate of

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