News Archive
Market Activity Index
20 August 2010
The RP Data Market Activity Index which measures pre-listing activity by real estate professionals continues to remain reasonably flat. The results indicate that although the market is slowing, the volume of newly advertised properties for sale is likely to remain steady over the next month. With the spring selling season just around the corner we may witness an increase in the ... read news item »
Finance in Review - The Insider
30 July 2010
The big news over the past month has undoubtedly been the reduction in the interest rates on a number of fixed home loan products, particularly those over two and three year terms. Some of the fixed rate home loans now available may be very appealing to borrowers, especially anyone who is looking for some certainty over their mortgage repayment levels. A fixed rate... read news item »
Market Industry Wrap
30 July 2010
Industry Market Wrap Housing finance data released by the Australian Bureau of Statistics (ABS) this week surprised on the upside with an increase in owner occupier commitments during May after they have trended downwards since September 2009. During May the total number of owner occupier commitments increased by 1.9% comprised of a -2.2% fall in finance for the construction of new ... read news item »
Townsville City Council Water Pricing & Charges
30 July 2010
Townsville City Council Water Pricing & Charges Townsville Water is moving to a consumption based water pricing system for all properties. New consumption charges will be introduced following the 2010/2011 Townsville City Council budget. The new charges will apply from final meter readings in the July-September quarter. We have been advised the water w... read news item »
Market Activity Index
07 June 2010
The Rpdata.com Market Activity Index has recorded a rebound this week with the Index sitting at its highest level since the middle of March. The results shows that pre-listing activity remains at very high levels and provides an indication that the number of new properties coming to market is likely to be higher over the next month. ... read news item »
Latest Industry Market Wrap up
25 May 2010
The Westpac-Melbourne Institute’s Consumer Sentiment Index was released this week and it showed a fall in consumer confidence of -7.0% during May 2010. The Index now sits at 108.0 points suggesting that consumers have become less confident in domestic economic conditions over the last month. This is likely to be the result of a volatile share market, economic instability in Europe an... read news item »
Market Activity Index
25 May 2010
The rpdata.com Market Activity Index has shown a slight easing during the most recent week however, the above average pre-listing activity level suggests that the listing environment should remain buoyant amongst real estate professionals over the coming month. ... read news item »
Important Changes in Residential Water
25 May 2010
Water Watcher Pricing Plan* This plan is being phased out under Townsville Water's transition to consumption based pricing. Please follow this link for more information on the changes to water pricing. Under this plan, you pay a fixed annual charge (levied in half yearly instalments) for the service connection. This charge is lower than the standard plan. ALL water use... read news item »
Industry Market Wrap
20 April 2010
Housing finance data released this week by the Australian Bureau of Statistics showed further weakness during February. It is now reasonable to conclude that the impact of recent interest rate rises is being reflected in declining home loan volumes. The number of owner occupier housing loans fell by -1.8% for the month, their fifth consecutive fall and they are down -16.1% over the y... read news item »
National Median Prices Surge to a Two Year High
21 January 2010
The median house price in Australia climbed to $481,310 in the September quarter - the highest level since the December 2007 quarter according to a report compiled by the Real Estate Institute of Australia and Mortgage Choice. Darwin has recorded the highest median house pri... read news item »
