News
Luxury Sales On The Rise
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
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
The weather may be starting to cool, but the Australian property market is starting to heat up, with the number of properties being offered under the hammer rising. According to
Sales of new homes have risen to the highest level in the past 12 months, although still not at levels to address the ongoing shortage of new dwellings across Australia.
The interest rate cut will support housing markets, but don’t expect a boom in housing prices until affordability improves. With the average variable rate for owner-occupier loans expected to fall