Greetings from Scoutable and welcome to our July Wrap Up.
Scoutable had a mini break and spent some of July on the Amalfi Coast. Unable to completely forget about property, we saw some pretty amazing houses, not to mention some incredible views.
Meanwhile back in Australia, UBS Economists are reporting a ‘correction’ in residential construction as a result of the slowdown in the apartment market but believe house prices will continue to grow, though at a slower pace. They are predicting an average capital growth down to seven percent by the end of 2017 (10% reported June 17). In 2018, their forecast is between zero and three percent.
Please see article below from the Sydney Morning Herald for more information.
If you're thinking of buying or investing in Australian property, get in touch to learn about Scoutable services and how we can assist with your property search.
Till next month,
Kellie Landrey | Principal Buyers Agent
IN THE NEWS
NO MORE NEED TO SAY "I LOVE THE HOUSE BUT THE LAWN IS TOO MUCH TO MAINTAIN". HONDA UNVEILS MIIMO, THE ROBOT LAWNMOWER
COURTS OVERTURN GOVERNMENT DECISION NOT TO HERITAGE LIST SYDNEY'S ICONIC SIRIUS BUILDING, SAVING IT FROM DEMOLITION
PROPERTY OF THE MONTH
11 THOMAS STREET, DARLINGTON