IN BRIEF

Over the year to September 2010 the median house price for the Bankstown LGA increased by 13.3% to $510,000.

Unit median price increased 10.2% to register $325,000 in September 2010.

The suburb of Padstow Heights registered a 17% growth in the year to September 2010, to register a median house price of $526,500.

IN BRIEF

The Burleigh Heads Area house market has recovered well from the effects of the Global Financial Crisis with a bolstering of sales and strong growth in median price.

Burleigh has enjoyed a strong population growth rate of 2.6% over the 12 months to June 2009 equating to an increase of 1,306 residents.

Over the past 12 months, the Burleigh Heads Area rental market has experienced stronger growth than the Gold Coast average over all unit variations.

IN BRIEF

The median unit price for the Waverley and Randwick LGAs increased 18.3% over the year to register $615,000 in June 2010.

691 house sales took place in the six months to June 2010, representing a 10% increase in sales activity for the year.

The suburb of Bondi Junction recorded 35.5% growth in the median house price for the year to June 2010, with the unit median increasing by 39.1%.

IN BRIEF

The median house price for the LGAs increased by 10.5% over the year to June 2010.

The Liverpool LGA registered a strong population growth of 3% between 2008 to 2009.

The suburb of Cabramatta registered a 21% growth in the year to June 2010, to register a median unit price of $430,000.

IN BRIEF

The Hastings Local Government Area has witnessed a population growth of 1.7% over the past year.

2010 saw an increase in both the number of house sales, and median price of houses.

During the past six years, houses in the region have outperformed units in terms of median price growth.

Over two years after the start of the 2008 Global Financial Crisis (GFC), a strong recovery is evident in the wider Sydney property market. Prices are at record highs, with only a moderate impact by consecutive increases in interest rates. Howver, the aftermath of the Crisis saw lending criteria tightening with some homebuyers finding it hard to obtain finance. A softening in market conditions are now apparent as result of the increases in interest rates.

IN BRIEF

Over the most recent six month period, sales have dropped as confidence in the Australian property market began to fall.

As at June 2009, the estimated resident population of the Maitland LGA was 69,154 residents. This equates to a strong increase of 1.8% or 1,236 new residents.

The appeal of, and demand for, vacant land within the Maitland LGA stems from affordability and the need for new dwellings to cater for the influx of new residents.

IN BRIEF

House (10%) market witnessed strong price growth over the past year

The number of house sales increased by 14.6% from 2008 to 2009.

Rental growth of between 2% and 4% over the past year.

IN BRIEF

Wyong LGA witnessed a strong population growth rate of 1.6% over the past year.

Large increase in house and unit sales during the six months to March 2009 due to an increase of first home buyers in the market.

50% of units on the Central Coast sell for between $200,000 and $300,000.

Confidence

Macroeconomic Climate

Equities & Commodities Prices

Housing Prices

Dwelling Market

Demographics

Housing Finance & Labour Market

Retail trade & Petrol Prices

Scope

This report analyses the property market within the Riverina region of New South Wales. It focuses on the regions demographics, characteristics and the performance of the house, unit and land markets within the area.

IN BRIEF

Unit prices increase by 4% over the past 12 months

The number of house sales increase by 18% in last 12 months

The number of unit sales increase by 32% over the last 12 months

IN BRIEF

The region's median price incareas by 18.25% for houses and 11.4% for units over the last twelve month period to March 2010.

Strong demand for rental premises in Rockdale and Kogarah LGA has lead to increases in the rental prices of 11.1% and 10% respectively.

The Ste George Region has recoreded a strong poution growth of 2.3% from June 2008 to June 2009.

IN BRIEF

Waverley LGA has witnessed a strong population growth of 2.7% over the past year.

The third quarter of 2009 saw a large increase in the number of house sales, as well as a surge in median house price.

35% of houses sold between September 2008 and September 2009 were priced above $1.4 million.