News
Average Property $1M
The average dwelling price in Australia has passed the $1 million mark for the first time ever. New Australian Bureau of Statistics (ABS) figures for the March 2025 quarter also
The average dwelling price in Australia has passed the $1 million mark for the first time ever. New Australian Bureau of Statistics (ABS) figures for the March 2025 quarter also
Demand for apartments and a shortage of supply continue to drive up prices in the first quarter of 2025, according to new analysis by JLL. JLL’s Q1Residential Dynamics report backs
The median price of a block of land hit a record high of $369,530 in the final quarter of 2024. Analysis of 52 of Australia’s major housing markets shows land
Housing affordability issues have done nothing to dampen enthusiasm for Australia’s luxury property market, with the number of homes selling for more than $5 million doubling in the past five
Australia’s top locations for home building and renovation have been revealed, with South Australia leading the way. The Housing Industry Association (HIA) Housing Scorecard, which compares levels of activity in
Australia’s residential market has recorded a surge in the number of properties listed for sale. New SQM Research data shows total listings increased by 5.9% in May compared to the
Property prices have chalked up a fifth consecutive month of growth. The latest increases bring yearly median house price growth to 4.2% and unit price growth to 3.6%.PropTrack data show
While rents continue to grow throughout Australia, the pace of growth is now beginning to slow. Analysis from the Australian Bureau of Statistics says that since late 2024, the pace
New lending data shows that investors are back in action and re-entering the market at three times the pace of owner-occupiers. Analysis of lending data by Money.com.au shows the number
In good news for the continuing growth of regional property markets, the number of people leaving capital cities behind increased again in the first quarter of 2025. The March 2025
While the pace of rental growth has eased in many cities, past increases mean there are still locations where a weekly mortgage repayment is cheaper than weekly rents. Analysis from
First home buyers are making it into the market despite high levels of unaffordability, with about a third using the Australian Government’s Home Guarantee Scheme to purchase. The scheme helps
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