News & Events

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Auctions Powering Along

Australia’s auction market continues to power along as thousands of sellers put their properties up for sale under the hammer. CoreLogic data shows that 2525 auctions were held across the

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Values Keep Rising

The majority of Australian suburbs have maintained the high prices of the past two years, despite a slowdown in some markets. Analysis by PropTrack shows that 77% of suburbs still

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Building Costs Soar

Building costs are continuing to rise, putting further pressure on the housing supply. The costs of building a home increased a further 1% in the third quarter of 2024, according

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Rates Don’t Drive Up Rents

Rising interest rates have a minimal impact on rent increases, according to new research by the Reserve Bank of Australia. The RBA says rents only increase by 1 cent for

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First Home Buyer Markets

High interest rates and growing property prices are not deterring first-home buyers, with new analysis showing they are entering the market at a rate higher than the ten-year average. PropTrack

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Unit Demand Grows

More buyers are opting for affordable properties and in many capital cities that means buying a strata unit. Analysis by InfoTrack shows strata property purchases increased from 31.43% in the

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Time To Buy

The latest Westpac survey on whether it is the right time to buy a dwelling has increased to its highest level since the start of the year. It comes as

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Cranes Dot Skyline

Approvals for new apartment developments may be down, but according to the latest Rider Levett Bucknall Crane Index, plenty of projects are under construction. The index counts the number of

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Home Building Approvals

Building approvals for homes have increased slightly, although not at the level required to help fix Australia’s housing crisis. The latest Australian Bureau of Statistics figures show building approvals for

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Property Worth Trillions

The total value of Australia’s property market continues to grow, breaching $11 trillion for the first time. Property values increased by $900 billion in the past 12 months, according to

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Rents Ease in Spring

Growth in asking rents has eased in Spring with Domain’s latest rental report showing all capital cities have passed their peak growth phases. It says for the first time in

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Listings On The Rise

REA Group’s September PropTrack Listing Report shows new listings hit their highest volume for the month of September since 2015. Nationally listings rose by 2.8% in September according to Director

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