The federal government is exploring ways to unlock billions of dollars from Australia’s $4 trillion superannuation system to help boost rental housing supply. At first glance, this looks like a win-win solution: more capital flowing into the housing sector, more stock built, and a step toward easing the chronic rental shortage. But as is often…
Auction markets resumed at full speed over the past week following last week’s holiday distractions and have continued to report solid to strong results despite generally higher listings. This weekend’s auction results around Australia: Capital City This Week Last Week Same Week Last Year Auctions Rate Auctions Rate Auctions Rate Sydney 1189 76.4% 749 77.4%…
After three relentless years of rent hikes that pushed many tenants to their financial limits, Australia’s rental market has finally hit pause. But make no mistake, this isn’t a sign that tenants are suddenly getting relief. It’s more like the market has reached its ceiling. According to Domain’s Chief of Research and Economics, Dr Nicola…
Australia’s property markets are on the move again. After a period of fragmented property price growth and cautious sentiment, recent developments have brought momentum back into the picture. The Reserve Bank of Australia has delivered three interest rate cuts this year lowering the official cash rate to around 3.6% — easing borrowing costs and sparking…
A recent report has claimed that Australia is drifting towards becoming a “homeowners’ welfare state.” It’s a provocative headline, but is it really the full story? Yes, it’s true that tax settings and government policies have long favoured homeownership, but rather than seeing this as a handout, we should recognise it as a deliberate choice…
Australia’s rental market is seeing renewed strength as national vacancy rates reach a new record-low, according to Cotality’s latest Quarterly Rental Review. Cotality’s seasonally adjusted Rental Value Index saw national dwelling rents post a 1.4% rise in Q3, its largest three-month increase since June 2024, and a significant uptick from the 1.1% lift recorded in…
If a picture paints a thousand words, then this collection of charts should do a pretty good job of painting the landscape as it affects our economy and our property markets. Each month the RBA summarises macroeconomic and financial market trends in Australia by providing a detailed chart pack. World Economy Australia’s economy doesn’t operate in…
Over the years, I’ve found that lending activity often reveals more about the direction of our property markets than price movements alone. And right now, the latest state-by-state mortgage lending report from Money.com.au reveals some fascinating insights. While Queensland continues to lead the charge with broad-based growth, Western Australia is showing signs of slowing after…
National asking prices rose across all property types, with houses leading the charge, according to SQM Research’s Weekly Asking Prices Index for the week ending 30 September. The national average asking price for houses increased 0.9% over the rolling month and 9.5% year-on-year, while units rose 1.7% monthly and 7.8% annually. Combined dwelling prices lifted…
For decades, the biggest stumbling block for first-home buyers hasn’t been affording the mortgage; it’s been scraping together the deposit. In fact, many households faced the sobering reality of saving for close to a decade before they could even put their foot on the property ladder. But since October 1, a major expansion of the…
