News
Loan Size Hits Record
The average size of new owner-occupier home loans has hit a record $626,055, driven by smaller capital city markets. The latest official lending figures from the Australian Bureau of Statistics
The average size of new owner-occupier home loans has hit a record $626,055, driven by smaller capital city markets. The latest official lending figures from the Australian Bureau of Statistics
Growing demand for apartments means unit values are tipped to hit record highs in more suburbs in the coming months. CoreLogic data shows that unit values hit new highs in
Demand for new homes is on the increase with a surge in people searching for new developments online. A report into searches on realestate.com.au shows a 9% increase in potential
Regional house prices are expected to hit record highs in almost all parts of Australia in the next 12 months, according to analysis by Domain. Its FY2025 Price Forecast Report
There are still plenty of locations where rental returns will cover mortgage repayments for investors according to a new analysis by PropTrack. It says despite interest rate rises in recent
First Home Buyers are borrowing almost $75,000 more than they were just four years ago, according to analysis by Loan Market. It shows they are borrowing $73,894 more than they
Auction clearance rates remain solid throughout Australia despite the traditional Winter slowdown in the market. The number of homes going to auction has also been down as a result of
The value of Australia’s residential housing market is nudging ever closer to $11 trillion. The combined value of Australia’s 11,176,100 residential dwellings increased by $209.4 billion in the first quarter
The speed of rental growth is outpacing that of wages. Analysis of the Australian Bureau of Statistics wage price index and Domain rent data shows asking rents for houses increased
There are still affordable locations to be found within Australia’s three major capital cities, buyers just need to know where to look according to new research. The PRD Affordable and
Investor lending is continuing to gather pace, according to the latest Australian Bureau of Statistics leading indicators. ABS Head of Finance Statistics, Mish Tan, says lenders are also borrowing more,
Home buyers will pay substantially more for sustainable houses with demand for energy-efficient features rising. The Domain Sustainability in Property report says properties with eco-friendly attributes such as solar and