NAB says property prices have continued to prove more resilient than expected so far this year.
Sydney’s property auctions make great conversation starters, even with the peak of this cycle behind us.
Total returns from property were 13.9% for the year to May 2016, according to the CoreLogic RP Data Accumulation Index.
Rents in Sydney's exclusive beach-side suburb of Tamarama tumbled 40% in the year to April, according to CoreLogic's Property Pulse.
Falling rents are sending yields to record lows, says CoreLogic.
Lower volumes and tighter mortgage requirements are likely to constrain price growth this year, says CoreLogic.
Some relief for home buyers today, with Domain revealing Sydney's median house price recorded its second consecutive quarterly fall.
Good news for tenants, as new data shows annual rents across Australia declined for the first time in more than 20 years.
The Sydney and Melbourne property markets remain in favour of sellers, and regional markets offer the best opportunities.
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