The first 15 years of mortgage repayments by homeowners effectively only pays off the equivalent taxes and government costs associated with developing the property. HIA senior economist, Thomas Devitt, says
The bank of mum and dad remains one of the key sources for young people buying property. The latest Mortgage Choice Home Loan Report shows 22% of Gen Z buyers
Building approvals may be up but the number of homes actually making it through to completion is at decade low, according to the Housing Industry Association. The HIA says the
Buyers are still keen on Australia’s regional property markets with new analysis showing the regions where populations are surging. Analysis by Propertyology of Australian Bureau of Statistics figures, shows the
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
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