Articles by Andrew Wilson

Andrew Wilson

Dr Andrew Wilson is Australia’s leading housing market expert. As senior economist for Fairfax-owned Domain Group, Dr Wilson is one of the nation’s most respected real estate analysts and Australia’s highest profile housing market commentator. Visit his blog at Domain


Sydney-Melbourne
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Boom resurges in Sydney and Melbourne but other capitals down

A clear two-speed housing market emerged over the September quarter with house prices in Melbourne and Sydney now growing strongly at their fastest rates in over a year to new record levels. Prices in most other capitals however fell over the quarter reflecting the significant differential impact of local supply and demand factors. Lower interest…

first home buyer dreaming house
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Queensland first home buyers rising – but NSW well down

Queensland first home buyer activity continues to rise reflecting the clear local affordability advantages enjoyed by this group compared to most other states. The ABS reports that the number of loans approved to first home buyers in Queensland over August soared by 14.0 percent to 1828 compared to the 1603 approved over the previous month….

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Here’s what’s happening in the rental markets around Australia

Capital city rental markets were generally flat over the September quarter with most rents remaining at the levels recorded over the previous June quarter. Monthly vacancy rates however remain tight overall despite recent high levels of new residential construction. Sydney, Melbourne and Brisbane rents flat over quarter Adelaide house rents also steady but unit rents…

foreign investor property
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Are investors going to fuel house price growth again?

Residential investor activity is predictably on the rise again with lending levels now surging above those recorded a year ago.  The ABS reported that national residential investor lending to the value of $12.28bn was approved over August which was 2.8 percent higher than the $11.9bn approved over the previous month. Significantly the August national result…

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Asking prices rise over winter as housing markets energise

The asking prices for houses increased in most capital cities over winter as lower interest rates activated housing markets and fuelled increased confidence from sellers. The Sydney property market recorded the highest increase of all the mainland capitals with the median asking price rising by 1.5 percent over the August quarter to $1,009,994 for an…

auction buy property bid sell house sale
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Political uncertainties were no match for resilient Sydney buyers

The Sydney home auction market has strengthened over recent weekends, despite the distractions of the federal election and the continuing uncertainty over the final result.  Sydney recorded a clearance rate of 75.4 per cent, which was higher than the previous weekend’s 73.5 per cent, but well below the boom-time 80 per cent reported on the…

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Politics, school break & winter chill proved no match for Melbourne’s auction market

The Melbourne home auction market recorded another robust result at the weekend, despite the ongoing distractions of political uncertainty and the mid-winter school holiday period.    Melbourne reported a healthy clearance rate of 75.7 per cent on Saturday, which was higher than the 73.5 per cent recorded over the previous weekend and the highest recorded in…