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Category Archives: Real Estate

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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Shane Spence Real Estate Fairlight

New listings continue to rise!

New listings continue to rise, but are they in the areas where you want to buy? Eliza Owen from Corelogic 20 October 2021 As lockdown restrictions ease across Sydney, Melbourne and the ACT, the spring selling season has started in earnest,

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Housing turnover reaches the highest level in nearly 12 years

I often hear property buyers lamenting the shortage of stock in the current market.  My impression was quite different.  I thought the market was well stocked.  High demand created by low interest rates was causing properties to be sold in

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Prepare for new planning changes for short-term rental accommodation

posted by: Shane in: Investments, Manly, Real Estate

Prepare for new planning changes for short-term rental accommodation Are you responsible for letting short-term rental accommodation (STRA) properties? Work with your clients to ensure they register before 1 November 2021 to let out their property for summer. You can also register your client’s

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Manly Fairlight lease rent 2094 2095 2096 2093

Doing It Right!

posted by: Shane in: Investments, Real Estate

Hiring The Right Trades If you own an investment property? Maintenance work will need to be done. A handyman often comes to mind as a good low-cost alternative to engaging a licensed contractor. They are limited however in the types

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Manly Sold Auction

Auctions Still The Way To Go

I wrote this article in April 2019.  What a difference two and a half years make.  Here we are in October 2021 in the middle of the biggest boom I have witnessed in 32-years of real estate.  Still my advice

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Balgowlah real estate agent

Another Thing We Do

posted by: Shane in: Auction, Manly, Real Estate

Things we do for our clients