September 05, 2022

#169: Houses vs units - Capital growth performance in capital cities and regions over the last 20 years and which locations have units outpe

54 minutes

Got a question for the trio? - https://zfrmz.com/uLtjhyBskV96PY6eJfaI https://propertyplanning.com.au/propertyplannerbuyerprofessor/ In this week's episode Dave, Cate and Pete take you through: Market update 1. US not slowing down with rate rises In the US, the Fed Chairman spoke with some strong words about not making the same mistakes as in the 70’s, with taming inflation and will go as hard as they need to with rate increases. There was some talk bubbling that the US will slow down with rate rises, but that’s been sidelined and the share markets have responded. Other Western nations tend to follow the US fed, so there could be more pain ahead in terms of rate rises than markets had expected in the last month or two. 2. Auction volumes – Melbourne As we come close to the grand final public holiday, auction volumes are tending to slow down as vendors don’t like to sell on the long-weekend. Activity is expected to ramp up and get hefty in October. But watch this space, we may be in for a super Saturday on the 17th of September. 3. All major capitals are heading in the same direction (down) Looking at day on day change, all capitals are now on the downward swing. But this is normal for the property market. Looking back over the last 30 years, ups and downs are par for the course. Houses vs units 1. Regional areas vs capital cities Generally speaking, houses have outperformed units and capital cities have outperformed regional loctions. However this is not the end of the story. Capital cities suffer from greater fluctuation in prices. Which is an important reminder not to get too caught up in the short term. Will regional houses catch up with capital city units? Watch this space 2. Houses vs unit growth in our capital cities from March 2002 to December 2021 Which cities have been the winners and which city bucks the trend of houses outperforming units? Why is unit growth extremely low in Brisbane and Canberra? The trio sink their teeth into the data. 3. How have the Property Professor’s top suburbs performed? Peter revisits the suburbs that he tipped to be top performers. Which ones have outpaced the growth of their city and how have units fared compared with houses? Visit the show notes - https://propertyplanning.com.au/houses-vs-units-capital-growth-performance-in-capital-cities-and-regions-over-the-last-20-years-and-which-locations-have-units-outperformed-houses-and-why-ep-169/

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