Dwelling values were higher across the four largest capital cities and most of the broad ‘rest-of-state’ regions, led by a 1.4% gain in Sydney. CoreLogic Research Director, Tim Lawless, puts the rise down to a combination of low advertised stock levels, extremely tight rental conditions and additional demand from overseas migration.

“Recent population growth directly links to our housing needs. Without a clear policy on skilled migration for both the short and long term, it is extremely difficult for the home building industry to prepare and meet the demand for housing which is already at crushing highs,” said Jocelyn Martin HIA Deputy Managing Director, Policy and Industry.

42 Service Street Clunes for sale by Angela Flowers of Belle Property is one of Clunes' finest estates on two titles in the heart of the town. 

Ben Reynolds, fuelled by his long-time dream of making a mark in the real estate industry, has made the leap and launched Reynolds Estate Agents in partnership with UrbanX.