News
Property Dominates National Wealth
The value of Australia’s residential housing hit $11.3 trillion at the end of April to be now worth almost three times as much as Australian Superannuation and four times as
The value of Australia’s residential housing hit $11.3 trillion at the end of April to be now worth almost three times as much as Australian Superannuation and four times as
Demand for vacant land is driving prices even higher, with Southeast Queensland values surpassing Melbourne for the first time. The latest Oliver Hume quarterly report shows that Southeast Queensland median
Australia’s smaller capital cities of Perth and Brisbane are leading southern capitals for growth in their luxury property markets. There are four Australian capital cities named in Knight Frank’s Prime
In an effort to speed up development approvals and deliver desperately needed housing faster, some Australian councils are trialling the use of AI to sort through building applications. Burwood, Blacktown,
New investor loans are continuing to increase as buyers make a return to the market. The number of new loans going to investors has risen solidly, with ABS figures showing
While national property price growth has eased in the past 12 months, new analysis reveals the locations that are still outperforming, with many still in the broader capital city markets.
Australia’s unit market is continuing to outperform its freestanding house market. The latest data from PropTrack shows nationally and at a capital city level that unit price growth outpaced house
With the Easter holidays and ANZAC Day long weekend, now done and dusted Australia’s auction market is expected to pick up pace again. Although with another long weekend looming in
There are still some bargains to be found in the Australian property market with new analysis showing there are 43 suburbs where you can buy a house or unit for
Banks are continuing to independently drop interest rates outside of Reserve Bank of Australia cuts. Although the RBA does not meet to decide interest rates again until mid-May, many are
Strong rents throughout Australia mean there are plenty of locations returning extremely high rental yields, but investors need to be wary of selecting a location based on yield alone. New
Adelaide has officially joined Sydney, Melbourne, Brisbane, and Canberra as the fifth Australian capital city with a median house price above $1 million, according to Domain’s March House Price Report.
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