Latest Finance News Australia - Kanebridge News

HOUSE MEDIAN ASKING PRICES AND WEEKLY CHANGE Sydney $1,496,381 (+0.68%) Melbourne $978,207 (+0.60%) Brisbane $779,793 (+0.64%) Adelaide $682,247 (+0.96%) Perth $613,912 (+0.31%) Hobart $736,079 (-0.00%) Darwin $642,822 (+1.61%) Canberra $920,574 (+4.00%) National $951,820 (+1.13%)

UNIT MEDIAN ASKING PRICES AND WEEKLY CHANGE Sydney $697,209 (+0.16%) Melbourne $468,754 (+0.31%) Brisbane $389,725 (+0.30%) Adelaide $325,323 (-0.66%) Perth $336,531 (-0.97%) Hobart $531,129 (-0.92%) Darwin $376,953 (-3.06%) Canberra $436,630 (-5.78%) National $474,397 (-0.94%)

HOUSES FOR SALE AND WEEKLY CHANGE Sydney 8,684 (-136) Melbourne 12,340 (-329) Brisbane 8,053 (-66) Adelaide 2,662 (-64) Perth 9,827 (+192) Hobart 538 (-3) Darwin 239 (+15) Canberra 642 (-28) National 42,942 (-419)

UNITS FOR SALE AND WEEKLY CHANGE Sydney 8,390 (-13) Melbourne 8,079 (-58) Brisbane 2,281 (+59) Adelaide 672 (-1) Perth 2,561 (-26) Hobart 97 (+4) Darwin 382 (-2) Canberra 437 (-10) National 22,960 (-47)

HOUSE MEDIAN ASKING RENTS AND WEEKLY CHANGE Sydney $600 ($0) Melbourne $460 (+$10) Brisbane $450 ($0) Adelaide $493 (-$10) Perth $495 ($0) Hobart $520 (-$20) Darwin $645 ($0) Canberra $700 ($0) National $559 (-$2)

UNIT MEDIAN ASKING RENTS AND WEEKLY CHANGE Sydney $500 ($0) Melbourne $400 (+$5) Brisbane $450 ($0) Adelaide $395 (+$5) Perth $430 (-$5) Hobart $450 (-$5) Darwin $500 ($0) Canberra $550 (-$10) National $462 (-$2)

HOUSES FOR RENT AND WEEKLY CHANGE Sydney 5,199 (-146) Melbourne 7,536 (-178) Brisbane 1,914 (-21) Adelaide 831 (-3) Perth 1,913 (-29) Hobart 188 (-8) Darwin 52 (+3) Canberra 369 (+26) National 17,910 (-356)

UNITS FOR RENT AND WEEKLY CHANGE Sydney 10,531 (-286) Melbourne 9,331 (-347) Brisbane 1,679 (-61) Adelaide 353 (-4) Perth 1,023 (+11) Hobart 90 (+9) Darwin 150 (-7) Canberra 349 (+5) National 23,660 (-680)

HOUSE ANNUAL GROSS YIELDS AND TREND Sydney 2.06% (↑) Melbourne 2.45% (↓) Brisbane 3.01% (↑) Adelaide 3.66% (↑) Perth 4.22% (↑) Hobart 3.71% (↑) Darwin 5.29% (↑) Canberra 3.73% (↑) National 3.05% (↑)

UNIT ANNUAL GROSS YIELDS AND TREND Sydney 3.73% (↑) Melbourne 4.34% (↓) Brisbane 5.92% (↑) Adelaide 6.18% (↓) Perth 6.68% (↑) Hobart 4.37% (↑) Darwin 6.92% (↓) Canberra 6.69% (↓) National 5.07% (↓)

HOUSE RENTAL VACANCY RATES AND TREND Sydney 1.5% (↑) Melbourne 1.9% (↑) Brisbane 0.7% (↑) Adelaide 0.4% (↑) Perth 1.0% (↓) Hobart 0.8% (↓) Darwin 0.9% (↑) Canberra 0.5% (↑) National 1.2% (↑)

UNIT RENTAL VACANCY RATES AND TREND Sydney 2.4% (↑) Melbourne 3.2% (↑) Brisbane 1.4% (↑) Adelaide 0.6% (↑) Perth 1.2% (↓) Hobart 1.2% (↑) Darwin 0.9% (↑) Canberra 1.5% (↑) National 2.3% (↑)

AVERAGE DAYS TO SELL HOUSES AND TREND Sydney 27.3 (↓) Melbourne 27.8 (↓) Brisbane 32.6 (↓) Adelaide 26.0 (↓) Perth 40.5 (↑) Hobart 25.7 (↓) Darwin 32.3 (↓) Canberra 23.1 (↓) National 29.4 (↑)

AVERAGE DAYS TO SELL UNITS AND TREND Sydney 28.8 (↓) Melbourne 29.3 (↓) Brisbane 35.5 (↓) Adelaide 29.0 (↓) Perth 44.2 (↓) Hobart 24.9 (↓) Darwin 42.0 (↑) Canberra 27.6 (↓) National 32.7 (↓)

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Money

Investors Face A World Where Stocks No Longer Reign

The age-old mantra of ‘there is no alternative’ to stocks gets a stiff test as market losses mount, inflation accelerates and interest rates rise.

Crash of TerraUSD Shakes Crypto. ‘There Was a Run on the Bank.’

The stablecoin, pledged to maintain a value of one dollar, plunged as low as 23 cents this week, showing cryptocurrencies’ vulnerability.

Apple Is No Longer World’s Most Valuable Company

Saudi Aramco has overtaken the iPhone maker in market value.

CBA: Household Spending Intentions To Fall

Reading Time < 1 minute

The bank is seeing a post-COVID normalisation of consumer spending patterns.

11/05/2022

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