Luke Graham

One risk to avoid during the 2021 housing boom

Luke GrahamLeave a comment

The ABS’s recent release of building activity around the country has shown a return to construction volumes last experienced in 2018. The seasonally adjusted figure for the final quarter of 2020 indicates 51,055 dwellings were commenced—33,761 of which were detached houses. The 16,049 ‘other’ dwellings (including apartments and townhouses) continue to be a far cry from the last peak in Q1 2018, when the figure was 28,702.

Read More

Luke Graham

Home value index: a rising tide lifts all boats

Luke GrahamLeave a comment

With the first quarter of 2021 behind us, CoreLogic have released the March 2021 results of their capital city home value index. All Australian capitals experienced price index increases over the month for both houses and units, indicating that many Australian property investors are better off now than they were a month ago. In some areas, the growth experienced over the month of March 2021 would usually be considered a decent amount for a year. Hobart units, for instance, grew 4.9 percent over the month, while Sydney houses grew by 4.32 percent.

Read More

Roy Azzi

Comparable sales vs comparable product

Roy AzziLeave a comment

I thought of writing this article after a recent conversation with Fiona, our Client Services Manager, about an upcoming project settlement. The project is amazing! It’s an iconic building in a strong growth area. The challenge we face is that there is nothing remotely similar to compare it to on value. I mentioned to Fiona that valuers will struggle to accurately value the project. A valuer’s sole job is to value a property using comparable sales as evidence for the ‘market value’ they place on a purchase. To make it even more difficult for the valuer, those sales must have occurred in the last three months. The biggest frustration I have with valuations is that they can cause doubt in the minds of investors. Sometimes, people will not invest in a property which actually represents amazing value—solely because of recent comparable sales data which clouds their confidence in their investment.

Read More

Luke Graham

When do people leave Sydney?

Luke GrahamLeave a comment

Sydney is Australia’s most populous city, so it’s no wonder we hear a lot about the number of people leaving. Aside from the coronavirus pandemic, Sydney’s exodus was largely an interstate and intrastate occurrence, meaning that those leaving Sydney mostly moved elsewhere in New South Wales or Australia. Growth in Sydney’s population is therefore largely attributed to net increases in overseas migration.

Read More


Login:: Blue Wealth Property

Please provide username or email!

Please provide a password! Hide

Forgot your password?

Forgot Password:: Blue Wealth Property

Lost your password? Please enter your email address. You will receive a link to create a new password.

Please enter an email address!

Back to login form

Close

Share your journey #bwpjourney

// custom addthis from email address