CoreLogic

Where to find the highest-yielding postcodes

Where to find the highest-yielding postcodes

All major cities have experienced sharp increases in gross rental yields as prices have fallen over the past 12 months, according to separate analysis by investment bank Morgan Stanley.Rental yields show how much cash a property is generating, or the rental income as a percentage of the asset’s value. The national average for apartments has…



Auction numbers down by 33pc, results ‘still weak’

Auction numbers down by 33pc, results ‘still weak’

The results of this weekend’s auctions – which followed more price falls in January reported by CoreLogic – also left homeowners and investors little to be cheery about. CoreLogic’s national preliminary clearance rate came in at 47.8 per cent, only slightly up on December’s low 40 per cent range.Over the weekend, Sydney showed a slight…



Economists hope labour market will offset consumer spending concerns

Economists hope labour market will offset consumer spending concerns

CBA senior economist Kristina Clifton agreed the central bank will pay close attention to the employment data.”One of the things that the RBA has been saying is that one of their risks to the outlook comes down to consumer spending and how households are managing,” said Ms Clifton.In an environment of falling dwelling prices and…