The CoreLogic RP Data Research team has just released a snapshot of the current real estate market around Australia. Fitzpatricks Real Estate can also reveal how the market is traveling in our own backyard. National snapshot Combined capital city home values increased by 0.9% in January, with values rising in Sydney, Melbourne, Hobart and Canberra. They were unchanged in Adelaide and fell elsewhere. Over the 12 …
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With the new year comes new beginnings – new tenures and employment contracts, new Defence postings, a new school and university year. January and February are a busy period with high numbers seeking rental properties. In January 2016, the vacancy rate for the Riverina was 3.70%, while Fitzpatricks Real Estate achieved 2.84%. This is primarily due to having two dedicated leasing consultants showing our properties on demand, with our inspection program providing …
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Last week The Daily Advertiser featured an article on Wagga’s ranking of 14th in Australia for affordable housing (see the full article here), which takes into account the median house price in comparison to the median household income. The Demographia International Housing Affordability Survey is crucial recognition of the city’s stable economy and housing market, and as a worldwide measure Wagga ranks 258th – ahead of Sydney (51st in Australia, 366th …
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December is traditionally a high vacate period due to the turnover of defence and other corporate employment contracts and the completion of the education year. January and February are periods of high numbers seeking rental properties – coming in to replace the people who have posted out of the area. In December 2015, the vacancy rate for the Riverina was 4.0%, while Fitzpatricks Real Estate achieved 1.91%. We consistently achieve a …
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What a year 2015 was for Fitzpatricks and the Wagga Wagga real estate market. 2016 is likely to start with a bang and February will be a busy month for house and unit sales as it has been in previous years. Those choosing to re-locate to Wagga Wagga for the new year will finalise their purchases. – The median house price is expected to experience …
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