September Property Report

With winter now over the weather heat up but will the property market remain hot? Residential property in Australia is the nation’s single largest and most valuable asset class with a total estimated value of $5.5 trillion as at August 2014. Which is significantly larger than the value of listed equities ($1.6 trillion), Australian superannuation ($1.8 trillion) and commercial real estate ($0.7 trillion). Over the 12 months to March 2014, Australian gross domestic product (GDP) was recorded at $1.56 trillion indicating that the value of residential property is around three and a half times larger than the annual output of the …




