APARTMENTS – AUSTRALIA

New apartment sales crash, projects on hold

roymorgansocial Leave a comment

Original article by Larry Schlesinger
The Australian Financial Review – Page: 31 : 27-May-19

Urbis has reported that just four cent of apartments in Sydney projects were sold during the March quarter. Sales were not much better in Melbourne and Brisbane, while new apartment launches in Melbourne were down by around 80 per cent. Urbis director Clinton Ostwald notes that major infrastructure projects such as Melbourne’s Westgate Tunnel and Brisbane’s Cross River Rail will help increase demand for apartments once they are completed.

CORPORATES
URBIS PTY LTD

2015 property purchase intention: Melbourne overtakes Sydney – but is a new boom town looming?

roymorgansocial Leave a comment

Original article by Roy Morgan Research
Market Research Update – Page: Online : 21-May-15

A Roy Morgan Single Source survey has found that 6.8 per cent of Australians aged +14 intend to buy or build a residential property in the next year. The survey, which was carried out in the year to March 2015, also shows that 9.8 per cent of Perth residents intend to buy or build a new or established house or apartment in the next year, ahead of Melburnians (9.3 per cent) and Sydneysiders (7.8 per cent). Just 3.5 per cent of Hobart residents intend to buy or build in the next 12 months.

CORPORATES
ROY MORGAN RESEARCH LIMITED

Apartments drive new home sales

roymorgansocial Leave a comment

Original article by Rebecca Thistleton
The Australian Financial Review – Page: 10 : 30-Jul-14

Data from the Housing Industry Association shows that there was a two increase in sales of new dwellings in Australia during the June 2014 quarter. Sales of detached houses increased by 4.1 per cent in Victoria during the quarter, and by just 0.4 per cent in New South Wales. Meanwhile, sales of new dwellings rose by 1.2 per cent overall in the month of June. However, sales of new apartments were nearly 16 per cent higher, while sales of detached homes fell by one per cent

CORPORATES
HOUSING INDUSTRY ASSOCIATION LIMITED, INVESTA PROPERTY GROUP, MORGAN STANLEY REAL ESTATE, KNIGHT FRANK AUSTRALIA PTY LTD, STOCKLAND – ASX SGP, FIVE SQUARED PROPERTY GROUP PTY LTD