Townsville leads growth in the North. Cassowary Coast goes backwards

The ABS has released regional population estimates (as of end June 2013) this morning which show Townsville as the stand-out growth winner in the North.Total population in Australia was estimated at 23.1 million, an increase of 407,000 (+1.8%) over the year to June 2013. QLD enjoyed the third fastest growth …read more

Building Approvals trend still strong. Local data also stronger

This morning’s release of building approvals data showed a sharp 5% decline m/m in the country as a whole (this still left the annual increase at 23.2%), as units fell sharply (-7.7%); houses also fell 2.1%. These are always highly volatile numbers so the Trend series is much preferred; this …read more

Cassowary Coast land valuations

The Valuer-General’s property market movement report (available here) has some comments to make on land valuations in the Cassowary Coast region (as well as other areas). … “The residential market in the Cassowary Coast has been variable throughout the region since the last annual valuation in 2012 with market movements in a …read more

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