BrickX properties are independently revalued every six months. The valuations for January 1, 2019 – June 30, 2019, are in. See our previous valuations here.
It’s been an interesting time for the Australian property market. After what is said to have been the longest and deepest property downturn in modern history1; the prospect of easier access to finance, a tax cut and falling interest rates are now contributing to a more positive outlook.
According to the CoreLogic Home Value Index, Australia’s 5 capital cities appear to be recovering – with the decline slowing from -4.80% in Dec 2018 to -3.85% in June 2019. Overall, we are pleased that the BrickX properties have held strong – with our p...