Residential Property

Residential Property Prospects, 2009-2012

NOVEMBER 2009 UPDATE JUST PUBLISHED!

A recovery in residential markets across Australia has emerged, underpinned by low interest rates, rising rents, and first home buyer incentives. The upturn in prices, led by first home buyers at the bottom end of the market, is becoming broad based, with activity from upgraders and investors now coming through and driving price growth at higher price points.

However, there is still some uncertainty: interest rates have entered a tightening phase, with increases in both October and November, and the expiry of the First Home Owner's Grant Boost Scheme at the end of 2009 will result in a fall off in first home buyer demand. Is there enough momentum from upgraders and investors to take over the baton from first home buyers going forward? How much will rising interest rates impact on economic conditions and affordability? What does this mean for the price outlook over the next three years by capital city?

How well will the residential market hold up in the face of a deteriorating economic outlook and sentiment?

  • How will underlying demand be influenced by the challenging economic conditions?
  • How will the timing of interest rate rises, impact on affordability?
  • How will the tight rental markets influence rents, yields, and subsequently investor demand?
  • Is the rebound in prices in the second half of 2009 sustainable?
  • How will prices react to rising intrest rates, the expiry of the first Home Owners Grant Boost Scheme?
  • Which regions offer more positive prospects for capital growth?

 


Read More

Residential Property Prospects 2009-2012 provides a comprehensive review and the outlook for residential property in each Australian capital city through to June 2012. Understand the key fundamental drivers affecting demand and supply and receive forecasts and commentary for:

  • the economic outlook and business conditions
  • government policies affecting the market
  • interest rate movements and timings
  • home loan affordability by city
  • net interstate and overseas migration
  • underlying demand and dwelling construction by state
  • stock deficiencies or oversupply by state
  • trend analysis of rental yields and forecasts of rental growth by city
  • annual median house price forecasts by capital city

NB: Median house price forecasts will also be provided for the regional areas of  Newcastle, Wollongong, Gold Coast, Sunshine Coast, Townsville and  Cairns

The Residential Property Prospects service includes:

  • Main Report - published last week of May 2009
  • Update report in November 2009
  • access to our team of residential property  consultants and analysts, throughout the year, should subscribers wish to  discuss the forecasts further.
Price:


Contact:

Kirrily McNamara

PH: +61 2 9959 5924