Building approvals are on the rise with the latest Australian Bureau of Statistics figures showing total approvals are up by 10.4% in July. ABS head of construction statistics Daniel Rossi
There are plenty of places where buyers can get into the market without requiring a massive deposit, according to the new Canstar Deposit Stars 2024 report. The report, powered by
New minimum rental standards have come into effect in Queensland, aiming to provide clearer guidelines on what constitutes a habitable and well-maintained rental property. These standards were first applied to
A surge in population and public spending is placing significant pressure on Australia’s economy, contributing to inflation concerns that keep the Reserve Bank on high alert. While Treasurer Jim Chalmers
The August 2024 Rent.com.au snapshot indicates that while the national rental market remains tight, there are signs of easing. The median weekly rent has held steady at $620 for the
The Proptrack Home Price Index shows that while national home prices rose by 0.22% in August, marking a new peak, the growth pace has slowed during the winter months. Overall,
There are two opposing storylines circulating in news media about Australian real estate ownership. One storyline, repeated regularly by media, is that the Great Australian Dream is dead and that
Australia’s luxury property market has outperformed international peers, with prices holding steady despite global slowdowns triggered by rising interest rates. Knight Frank’s Prime Global Cities Index shows all four Australian
Home values in some of Australia’s most exclusive suburbs are set to rise further as billions of dollars worth of renovations are planned. In June alone, renovation approvals hit a
According to Domain’s Profit and Loss report, House sellers across Australia made record profits in the past financial year, with the average gross profit reaching $326,000. A remarkable 96% of
Auction clearance rates in Sydney and Melbourne remain steady as the spring selling season approaches, with experts predicting that an influx of listings could challenge the ongoing housing recovery. Nationally,
Australian house prices are continuing to rise, and lower inflation could put pressure on the Reserve Bank of Australia (RBA) to cut interest rates soon. Recent data suggests inflation may
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