Property & Economic Overview – August

Key highlights:

  • Dwelling values were unchanged across the nation in August 2017
  • The recent declining trend in settled house and unit sales has starting to level in most capital cities
  • Rental growth has accelerated however, gross rental yields have continued to soften
  • Discounting levels are falling while days on the market is creeping slightly higher
  • The number of properties advertised for sale is lower than a year ago nationally but slightly higher across the capital cities
  • Auction clearance rates have eased from levels earlier this year
  • Broader economic data also has a significant impact on housing market conditions

Download report by clicking on link below:

2017-09–SeptemberPropertyandEconomicOverview