Grand Designs – the TV show that has come to represent good design in Australia has announced expansion for 2024 The TV show that has come to represent good design in Australia has expanded. The program will now move from Foxtel to the ABC as free-to-air, and will launch a new additional format – Grand […]
A Good Sign for Housing – Building Costs Stabilise The cost of building materials stopped rising in the Sept 23 Quarter – for the first time since before the pandemic. This is according to ABS Producer Price Indexes. Click here for basic data and commentary from the HIA. Click Here to find out more.
Belts are Tightening but not on Renovations – Aussies spending $1Billion on Home Improvement This short article from an accounting firm points to various other studies and provides a simple commentary – “belts may be tightening but not on renovations”. Kitchens account for 23% of this, followed by living rooms (20%), bathrooms (20%) and bedrooms […]
Renovation Trends- the ABS Alterations & Additions List Always worth looking at the ABS Alternations & Additions List is a decent view of major renovation activity in the market. Look at the long term trend to see how renovation continues to grow despite monthly peaks and toughs in the Australian Market. https://www.abs.gov.au/statistics/industry/building-and-construction/building-approvals-australia/latest-release
Millennials are Flocking back to the country in their Thousands This commentary from Farm Journal gives insight to the phenomena that is growing country towns To read more: https://www.farmonline.com.au/story/8339863/the-countrys-population-drain-has-hit-full-reverse/
Country Hot Spots for Millennials 54,000 Millennials moved to the country last CENSUS period. To read more: https://www.canberratimes.com.au/story/8332930/regional-revival-which-millennial-hotspots-topped-the-migration-charts/
The Top 4 Regional Property Markets in 2023 This report looks at the top spots from a property investor’s perspective. To read more: https://thepropertytribune.com.au/market-insights/australias-top-four-regional-property-markets-in-2023/
Regional Housing Markets Where Prices are Set to Surge Out-of-Town and Affordable regional housing markets within commuting distance to CBDs, could see stronger price growth in coming months as rising capital city home values price out a growing number of buyers, experts say. To read more: https://www.afr.com/property/residential/the-regional-housing-markets-where-prices-are-set-to-surge-20230815-p5dwjz
Fastest Growing Regional Areas for Property Investment Regional Property is all the rage, and this report looks at the areas that are growing fastest in 2023. To read more: https://www.openagent.com.au/blog/fastest-growing-regional-areas-for-property-investment
Boom Conditions with Supply Issues in Housing Construction Likely to Remain for 2023 This short commentary from the ABC gives us an overview of the conflation of boom demand for new homes and renovations, alongside challenging supply chain issues. To read more: https://www.abc.net.au/news/2023-01-05/construction-delays-homebuilder-covid-pandemic-2023-outlook/101600928
