Welcome Guest [Log In] [Register]


Reply
  • Pages:
  • 1
  • 7
Stock on market above normal April levels, house prices stagnating - SQM Research; Mining downturn is affecting the Perth and Darwin housing markets
Topic Started: 5 May 2014, 08:43 PM (7,433 Views)
Blondie girl
Member Avatar


An irritating fly doesn't do the nutter justice.

It seems by whats said you should have major regrets Skullface .

It's so shameful

You better listen to them ...they know it all....

LMFO

Newjerk? can you try harder than dig up another person's blog. My first promo was with Billabong and my name in English is modified with a T, am Perth born but also lived in Sydney to make my $$
It's Absolutely Fabulous if it includes brilliant locations, & high calibre tenants..what more does one want? Understand the power of the two "P"" or be financially challenged
Even better when there is family who are property mad and one is born in some entitlements.....Understand that beautiful women are the exhibitionists we crave attention, whilst hot blooded men are the voyeurs ... A stunning woman can command and takes pleasure in being noticed. Seems not too many understand what it means to hold and own props and get threatened by those who do.
Banks are considered to be law abiding and & rather boring places yeah not true . A bank balance sheet will show capital is dwarfed by their liabilities this means when a portions of loans is falling its problems for the bank.
Profile "REPLY WITH QUOTE" Go to top
 
HomeBuyer
Default APF Avatar

Some people did really well in their property investments while others were whipped badly. We used to rent close to this place:

http://www.realestate.com.au/property-house-vic-hawthorn%20east-115069807

It was last sold on 09/04/2011 for $ 3,365,000. And it is back on the market, unsold for several months now. From reading the advertisement, it looks like the pool is in a dire state/not been maintained (see the previous ad here: http://www.realestate.com.au/property-house-vic-hawthorn+east-107211138 ).

Looks like no one's willing to pay anywhere remotely close to even $ 2.5 million at the moment. Wonder how much of a hair cut the present owner finally takes. Ouch.
Edited by HomeBuyer, 9 May 2014, 08:06 PM.
Profile "REPLY WITH QUOTE" Go to top
 
MMM
Unregistered

HomeBuyer
9 May 2014, 08:06 PM
Some people did really well in their property investments while others were whipped badly. We used to rent close to this place:

http://www.realestate.com.au/property-house-vic-hawthorn%20east-115069807

It was last sold on 09/04/2011 for $ 3,365,000. And it is back on the market, unsold for several months now. From reading the advertisement, it looks like the pool is in a dire state/not been maintained (see the previous ad here: http://www.realestate.com.au/property-house-vic-hawthorn+east-107211138 ).

Looks like no one's willing to pay anywhere remotely close to even $ 2.5 million at the moment. Wonder how much of a hair cut the present owner finally takes. Ouch.
Good reason to sit back and wait , a long time , unless you want to see yourself suffering a similar fate.

"REPLY WITH QUOTE" Go to top
 
Blondie girl
Member Avatar


@homebuyer..

YOu have made a reasonable post.

But how do you know the property is an IP ??

Some investments do eff up not everything goes well.

A few general rules..

Look for the average can afford.. Nothing flash

For CG (but don't just focus on this ))
You can't go wrong with desirable high demand locations .

City
River
Beach
Yes..
Amenities like schools not just the reputable mainstream but specialized ....
Newjerk? can you try harder than dig up another person's blog. My first promo was with Billabong and my name in English is modified with a T, am Perth born but also lived in Sydney to make my $$
It's Absolutely Fabulous if it includes brilliant locations, & high calibre tenants..what more does one want? Understand the power of the two "P"" or be financially challenged
Even better when there is family who are property mad and one is born in some entitlements.....Understand that beautiful women are the exhibitionists we crave attention, whilst hot blooded men are the voyeurs ... A stunning woman can command and takes pleasure in being noticed. Seems not too many understand what it means to hold and own props and get threatened by those who do.
Banks are considered to be law abiding and & rather boring places yeah not true . A bank balance sheet will show capital is dwarfed by their liabilities this means when a portions of loans is falling its problems for the bank.
Profile "REPLY WITH QUOTE" Go to top
 
HomeBuyer
Default APF Avatar

Blondie girl
9 May 2014, 11:13 PM
@homebuyer..

YOu have made a reasonable post.

But how do you know the property is an IP ??

Some investments do eff up not everything goes well.

A few general rules..

Look for the average can afford.. Nothing flash

For CG (but don't just focus on this ))
You can't go wrong with desirable high demand locations .

City
River
Beach
Yes..
Amenities like schools not just the reputable mainstream but specialized ....
BG,

Thanks.

I recall they tried to rent it - not sure because it was in 2011.

What do you mean by specialised as opposed to mainstream schools?

My preference is proximity to public transport - preferably train, value is in the land not house, reputable primary and secondary schools, amenities...etc. Beach and river views/proximity are not on my list :)
Profile "REPLY WITH QUOTE" Go to top
 
Admin
Member Avatar
Administrator

Quote:
 
Stock levels rise as market steadies

Posted on Wednesday, June 04 2014 at 9:18 AM

Market analyst SQM Research says increased property listings during May signal a slowing Australian market.

According to SQM’s numbers, national stock on market rose by 5.2 per cent during the month bringing the total number of listings to 366,413.

SQM recognised that five Fridays in May, as opposed to the usual four, provided an extra week to gather listings making for a larger sample.

Louis Christopher, managing director of SQM Research, says despite this anomaly, results indicate the market is cooling.

“Some heat has come out of the national housing market as SQM Research is no longer recording the large scale, year-on-year decreases in listings that were occurring this time last year.”

Sydney recorded the highest monthly rise in listings of all capital cities, increasing by 12.9 per cent to reach 25,699.

No capital city recorded a monthly decrease in stock levels, however Hobart recorded the most modest increase, rising by 1.7 per cent to total of 4499.

Compared to the same time last year, national listing fell 1.8 per cent, with Canberra recording the largest annual fall – down by 11.4 per cent.

Christopher says the results make a case for keeping the cash rate low.

“Right now, it appears to be a market that is steady and not too strong yet not too weak.

“At this stage I don’t believe the market is at the point where upward pressure would be placed on interest rates.”

Read more: http://www.apimagazine.com.au/api-online/news/2014/06/stock-levels-rise-as-market-steadies
Follow OzPropertyForum on Twitter | Like APF on Facebook | Circle APF on Google+
Profile "REPLY WITH QUOTE" Go to top
 
Admin
Member Avatar
Administrator

Quote:
 
National stock levels down to three year low in July: SQM

Jessie Richardson | 7 August 2014

Last month residential property stock on the market decreased to the lowest level seen since February 2011, according to SQM Research.

Nationally, there were 334,683 unsold properties last month, down 3.6% from the month before and 4.8% from July last year.

SQM Research says the market "remains in favour of sellers", with low stock levels pointing to an active market. However, the research firm also notes the rate of decrease has slowed, particularly in Sydney, which saw a yearly stock decline of 8.7%. There, annual stock declines between 15% and 25% were previously recorded.

Of the results, SQM Research managing director Louis Christopher says: "The national housing market overall remains buoyant with real estate listings being absorbed at a fairly fast pace and buyers moderately outnumbering sellers.”

City July 2013 total June 2013 total July 2014 total Monthly change % Yearly change %
Adelaide 16,453 15,819 14,593 -7.8% -11.3%
Brisbane 26,150 26,624 25,615 -3.8% -2.0%
Canberra 3,555 3,250 3,140, -3.4% -11.7%
Darwin 1,302 1,531 1,582 3.3% 21.5%
Hobart 4,280 4,137 4,063 -1.8% -5.1%
Melbourne 46,748 43,237 41,432 -4.2% -11.4%
Perth 19,353 21,220 20,049 -5.5% 3.6%
Sydney 23,207 22,504 21,179 -5.9% -8.7%
National 351,397 347,074 334,683 -3.6% -4.8%

The largest monthly decrease was recorded in Adelaide, where stock on market fell by 7.8% to 14,593 homes. On a yearly basis, Canberra had the greatest decline, with an 11.7% decrease to 3,140 homes on the market.

Darwin was the only capital city where a monthly increase in stock levels was recorded. Stock on market climbed 3.3% in July to 1,582. The city also saw the biggest yearly jump of stock on market, of 21.5%.

The firm also recorded a small month-on-month decrease in asking prices for houses, of 0.2%. Unit asking prices saw an increase of the same proportion on a national level for July.

Read more: http://www.propertyobserver.com.au/finding/residential-investment/residential-listings/34240-national-stock-levels-down-to-three-year-low-in-july-sqm.html
Follow OzPropertyForum on Twitter | Like APF on Facebook | Circle APF on Google+
Profile "REPLY WITH QUOTE" Go to top
 
Admin
Member Avatar
Administrator

Quote:
 
The number of properties listed for sale is on the way down, meaning a lift in demand

Michelle Hele Real Estate Online Editor
August 07, 2014 3:08PM

A DROP in the number of properties listed for sale nationally means sellers still have the upper hand in the market.

According to the latest figures from SQM Research stock levels dropped nationally in July to reach a more than three year low.

It found there were 334,683 unsold properties on the market in July 2014 — a 3.6 per cent drop compared to last month and a 4.8 per cent drop on the same time last year.

Louis Christopher of SQM Research said the rate of decline seemed to have slowed up a little.

He said it was definitely still a sellers as there were more buyers than sellers in the market right now.

He said the Sydney market was still going strong and Melbourne had the largest level of stock on the market of all capital cities.

“It is coming off but there is still just a lot of stock to absorb before we see any kind of major increase in dwelling prices (in Melbourne),’’ he said.

On other hand Darwin was the only capital where listings were up.

Mr Christopher said there was now enough evidence to suggest that there is a downturn happening in the Darwin market.

Read more: http://www.heraldsun.com.au/realestate/the-number-of-properties-listed-for-sale-is-on-the-way-down-meaning-a-lift-in-demand/story-fnhytr0m-1227016796365
Follow OzPropertyForum on Twitter | Like APF on Facebook | Circle APF on Google+
Profile "REPLY WITH QUOTE" Go to top
 
Jimbo
Member Avatar


"A DROP in the number of properties listed for sale nationally means sellers still have the upper hand in the market."

No it doesn't mean that at all. One of the big hallmarks of the 1988 UK boom, the Celtic Tiger and the Spanish property booms, was the high number of transactions and properties on the market. When prices seem to be rocketing, many decide to sell and cash in. During downturns they sit tight.

It is not how many properties that are on the market that matters. It is the number of buyers in relation to the number of sellers that matters. There may be only one property on sale, but if there are zero buyers, you have no sale.

All markets are like musical chairs. More players and fewer chairs means more not getting a seat. However, fewer chairs is not an indicator that people will end up chairless unless there are the same number or more players than before.

Matthew, 30 Jan 2016, 09:21 AM Your simplistic view is so flawed it is not worth debating. The current oversupply will be swallowed in 12 months. By the time dumb shits like you realise this prices will already be :?: rising.
Profile "REPLY WITH QUOTE" Go to top
 
peter fraser
Member Avatar


Jimbo
11 Aug 2014, 09:11 PM
"A DROP in the number of properties listed for sale nationally means sellers still have the upper hand in the market."

No it doesn't mean that at all. One of the big hallmarks of the 1988 UK boom, the Celtic Tiger and the Spanish property booms, was the high number of transactions and properties on the market. When prices seem to be rocketing, many decide to sell and cash in. During downturns they sit tight.

It is not how many properties that are on the market that matters. It is the number of buyers in relation to the number of sellers that matters. There may be only one property on sale, but if there are zero buyers, you have no sale.

All markets are like musical chairs. More players and fewer chairs means more not getting a seat. However, fewer chairs is not an indicator that people will end up chairless unless there are the same number or more players than before.

Not in my experience. I disagree completely. When prices are rising potential vendors who don't have to sell hold on to see how high the price might go.

When prices fall there is a rush for the exit.

Consider this graph of Sydney -
http://www.sqmresearch.com.au/graph_stock_on_market.php?region=nsw%3A%3ASydney&type=c&t=1

You can see the huge number of properties listed at the onset of the GFC suddenly falling as prices boomed in 2009 and levels peaking again in 2011 and 2012 as the market cooled and prices fell, only to see stock levels fall away again as the current boom took hold.

I would pay more attention to Louis Christophers opinion if I were you.
Any expressed market opinion is my own and is not to be taken as financial advice
Profile "REPLY WITH QUOTE" Go to top
 
1 user reading this topic (1 Guest and 0 Anonymous)
ZetaBoards - Free Forum Hosting
ZetaBoards gives you all the tools to create a successful discussion community.
Learn More · Sign-up for Free
Go to Next Page
« Previous Topic · Australian Property Forum · Next Topic »
Reply
  • Pages:
  • 1
  • 7



Australian Property Forum is an economics and finance forum dedicated to discussion of Australian and global real estate markets and macroeconomics, including house prices, housing affordability, and the likelihood of a property crash. Is there an Australian housing bubble? Will house prices crash, boom or stagnate? Is the Australian property market a pyramid scheme or Ponzi scheme? Can house prices really rise forever? These are the questions we address on Australian Property Forum, the premier real estate site for property bears, bulls, investors, and speculators. Members may also discuss matters related to finance, modern monetary theory (MMT), debt deflation, cryptocurrencies like Bitcoin Ethereum and Ripple, property investing, landlords, tenants, debt consolidation, reverse home equity loans, the housing shortage, negative gearing, capital gains tax, land tax and macro prudential regulation.

Forum Rules: The main forum may be used to discuss property, politics, economics and finance, precious metals, crypto currency, debt management, generational divides, climate change, sustainability, alternative energy, environmental topics, human rights or social justice issues, and other topics on a case by case basis. Topics unsuitable for the main forum may be discussed in the lounge. You agree you won't use this forum to post material that is illegal, private, defamatory, pornographic, excessively abusive or profane, threatening, or invasive of another forum member's privacy. Don't post NSFW content. Racist or ethnic slurs and homophobic comments aren't tolerated. Accusing forum members of serious crimes is not permitted. Accusations, attacks, abuse or threats, litigious or otherwise, directed against the forum or forum administrators aren't tolerated and will result in immediate suspension of your account for a number of days depending on the severity of the attack. No spamming or advertising in the main forum. Spamming includes repeating the same message over and over again within a short period of time. Don't post ALL CAPS thread titles. The Advertising and Promotion Subforum may be used to promote your Australian property related business or service. Active members of the forum who contribute regularly to main forum discussions may also include a link to their product or service in their signature block. Members are limited to one actively posting account each. A secondary account may be used solely for the purpose of maintaining a blog as long as that account no longer posts in threads. Any member who believes another member has violated these rules may report the offending post using the report button.

Australian Property Forum complies with ASIC Regulatory Guide 162 regarding Internet Discussion Sites. Australian Property Forum is not a provider of financial advice. Australian Property Forum does not in any way endorse the views and opinions of its members, nor does it vouch for for the accuracy or authenticity of their posts. It is not permitted for any Australian Property Forum member to post in the role of a licensed financial advisor or to post as the representative of a financial advisor. It is not permitted for Australian Property Forum members to ask for or offer specific buy, sell or hold recommendations on particular stocks, as a response to a request of this nature may be considered the provision of financial advice.

Views expressed on this forum are not representative of the forum owners. The forum owners are not liable or responsible for comments posted. Information posted does not constitute financial or legal advice. The forum owners accept no liability for information posted, nor for consequences of actions taken on the basis of that information. By visiting or using this forum, members and guests agree to be bound by the Zetaboards Terms of Use.

This site may contain copyright material (i.e. attributed snippets from online news reports), the use of which has not always been specifically authorized by the copyright owner. Such content is posted to advance understanding of environmental, political, human rights, economic, democratic, scientific, and social justice issues. This constitutes 'fair use' of such copyright material as provided for in section 107 of US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed for research and educational purposes only. If you wish to use this material for purposes that go beyond 'fair use', you must obtain permission from the copyright owner. Such material is credited to the true owner or licensee. We will remove from the forum any such material upon the request of the owners of the copyright of said material, as we claim no credit for such material.

For more information go to Limitations on Exclusive Rights: Fair Use

Privacy Policy: Australian Property Forum uses third party advertising companies to serve ads when you visit our site. These third party advertising companies may collect and use information about your visits to Australian Property Forum as well as other web sites in order to provide advertisements about goods and services of interest to you. If you would like more information about this practice and to know your choices about not having this information used by these companies, click here: Google Advertising Privacy FAQ

Australian Property Forum is hosted by Zetaboards. Please refer also to the Zetaboards Privacy Policy