252ff9474d98021cabcea70de7e2f4bf
Log in
Menu
Log in
Search
© 2024 The Weekly SOURCE
Topic - Editorial

Good news for village operators: residential property market to continue to improve in 2020

1 min read

Over 950 property industry professionals from all states and territories expect residential capital values to improve over the next 12 months, with the national expectations index increasing by 17 to 35 index points, according to the latest ANZ/Property Council Survey for the March 2020 quarter.

ANZ Senior Economist, Felicity Emmett (pictured) said: “The improvement in the residential property market seems set to continue. The results of the latest survey show that the strong improvement in sentiment about residential property has extended into the current quarter.”

“Prices are benefitting from a combination of pent-up demand and low stock levels, but we think that the current strong monthly price gains will moderate in 2020 as more supply comes on stream and credit policies stay relatively constrained.”

You can read more about the results HERE.

Top Stories
Community Living

Exclusive: Aveo to sell off its retirement villages in South Australia and Tasmania

Tony Randello, CEO of the nation’s leading retirement village provider, said the impending sale of its 16 retirement villages in South Australia and Tasmania “aligns with Aveo’s regular strategic review of opportunities across its portfolio”. The...

Ian Horswill
22 Apr 2024
The Weekly SOURCE

Breaking news: For Purpose Investment Partners’ aged care platform buys Graeme Croft’s Signature Care

For Purpose Aged Care Australia (FPACA), the aged care provider established by social impact investment vehicle For Purpose Investment Partners (FPIP), is moving forward on its vision of reaching 5,000 beds, acquiring 14 aged care homes – eight on...

Lauren Broomham
24 Apr 2024
Development

Seniors housing faces becoming “the roadkill of the NSW planning system”

Two major policies recently exhibited by the NSW Department of Planning, Housing, and Infrastructure (DPHI) could have major implications on seniors housing, said Ethos Urban Director Daniel West. The Weekly SOURCE stated last Tuesday that Daniel...

Ian Horswill
16 Apr 2024
Opinion

576 village sellers are waking up: buyers are knocking on doors as the demand and supply penny drops on seniors accommodation

With Aveo selling 16 villages and RetireAustralia, with 29 villages, now also up for full sale (again), we hear a lot about these big players in seniors accommodation, but little about the little guys – and there are a lot of them. In fact we have...

Chris Baynes
22 Apr 2024
You might also like
The Daily RESOURCE

St Vincent’s Health Australia still determining what data taken by hacker

“We are managing some important network disruptions as part of our remediation works,“ St Vincent’s Health Australia said in its latest statement

Ian Horswill
10 Jan 2024
The Daily RESOURCE

Aged care homes on Sydney’s Northern Beaches directed to ban visitors after NSW records five new COVID-19 cases – one an aged care worker

NSW has recorded a further five COVID-19 cases overnight after a 45-year-old man was the first confirmed case of community transmission in more than two weeks on Wednesday. NSW Health has confirmed two Northern Beaches residents returned positive...

The Weekly Source
17 Dec 2020
The Daily RESOURCE

Aged care regulator notches up record 5,500 assessments in September quarter – but most contacts carried out remotely

You can check out the report here

The Weekly Source
17 Dec 2020
The Daily RESOURCE

Aged Care Minister pledges to release reports into COVID outbreaks at St Basil’s and Heritage Care’s Epping Gardens before Christmas – confirms he wants to stay in portfolio

As we reported here last week, Labor has been pushing the Government to release the independent reports which were completed in November and were due to be released on 30 November (three weeks ago). St. Basil’s Home for the Aged in Fawkner and...

The Weekly Source
17 Dec 2020
Log in