National home value index rises at its fastest pace in 32 years

CoreLogic’s national home value index recorded a 2.8% rise in March, the fastest rate of appreciation since October 1988 (3.2%). These exceptionally strong growth conditions remain broad-based, with values rising by at least 1.4% across each of the capital cities and ‘rest-of-state’ areas over the month.

CoreLogic's head of research, Eliza Owen, has published a new report looking at Australia's regional property markets, which are currently experiencing booming conditions. The report  shows that the Illawarra is out-performing capital cities and other regional area's on a 10 year annualised growth rate in NSW. 

Across the globe it has been a chaotic year but Australia has fared well and survived the roller coaster ride so far.

CoreLogic's latest quarterly regional review reveals Illawarra as a standout performer across the housing market.

Our agents have been flooded with calls about the government's HomeBuilder grant after it was announced last week but did you know this also applies to off-the-plan apartment purchases?  The government revealed last week it would give Aussies that build a new home or renovate their own a $25,000 handout as part of its $688 million HomeBuilder scheme.

Downsizing usually involves a farewell to high-maintenance homes and excess possessions, but it needn’t mean sacrificing lifestyle, convenience or luxury. Quite the opposite.