December 2015; Australia's property market in review

December 7, 2015

The end of 2015 is upon us.

It’s been a year of mixed performance in residential property markets throughout Australia. We saw a slowdown of Sydney’s strong capital gains, while other capitals have had varied results. The Australian Prudential Regulator brought in guidelines mid-year that seem to have had an impact, and new unit oversupply concerns continue to play out in the media.

Each year in December, Herron Todd White asks its offices to give a detailed summary of how their property markets performed in 2015. It’s a detailed wrap that paints a picture of the past 12 months in real estate. Contributors also take a look at their prediction for 2015 as featured in the February issue of Month In Review. They’ve bravely provided details on how close to the mark they were with their thoughts.

For the commercial section, HTD takes a look back on the office property sector throughout 2015. It’s a summary of which markets performed strongly, and which struggled.

Head to page 41 of the report to see how Brisbane's residential property market faired this year, and what's expected in the New Year.

Happy reading & Merry Christmas,
Wayne, Michael & the LadyBird team

 

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