The Reserve Bank board meets today and tomorrow and is widely tipped to cut interest rates for the third time this year. In fact, the market is tipping to more interest rate cuts are likely before the end of the year, and this is fueling buyer confidence, which is clearly showing up in very strong auction…
Let’s talk about a quiet truth lurking in Australia’s property market, one that’s not making headlines, but certainly shaping wealth and opportunities across generations. It’s the price gap between what Boomers paid for property and what Gen X had to fork out just a decade or so later. Now, we all know house prices have…
Capital city home auction markets have continued to report generally strong results, although auction numbers declined, reflecting the commencement of school holidays. This weekend’s auction results around Australia: Capital City This Week Last Week Same Week Last Year Auctions Rate Auctions Rate Auctions Rate Sydney 645 77.7% 721 76.0% 707 76.0% Melbourne 712 77.0% 889…
National asking prices rose modestly in the four weeks to 1 July 2025, with combined house and unit prices lifting 0.5% over the month and 9.0% annually. Houses outpaced units in growth, with standout gains across several mid-sized capitals. City highlights: Adelaide led the national upswing with a 9% rise in combined dwelling prices over…
National home prices rose 0.4% in June, pushing values to a record high, according to the latest PropTrack Home Price Index. As interest rates have fallen, price momentum has strengthened and extended across the country, with all markets recording gains in June. Ms Eleanor Creagh, Senior Economist at PropTrack commented: “Capital city markets are leading the upturn,…
Every time housing affordability hits the headlines—as it has again this year with surging rents and limited supply—someone inevitably points the finger at property investors. And lately, there’s been a particular focus on short-term rentals, like those listed on Airbnb, Stayz and other holiday letting platforms. It’s a neat narrative: investors are allegedly hoarding homes…
What’s really happening with property prices right now? Every month, investors, homeowners, and would-be buyers turn to the latest median property price data, hoping to make sense of what’s happening in our housing markets. And while the numbers give us important clues, they don’t tell the full story. Australia’s property markets are being pulled in…
Australian housing values rose by 0.6% in June, marking a fifth straight month of growth following the -0.3% dip seen between November and January. Monthly gains were recorded across almost every broad region of Australia, with Hobart (-0.2%), the only capital city or rest-of-state region to see a month-on-month fall. The June quarter saw national…
If you’ve been following the Australian property market over the years, you’ll know that once upon a time, a $1 million price tag on a house was a badge of exclusivity. It meant prestige, prime location, and a level of luxury that few could attain. But today that price point has become surprisingly common across…
National home prices have surged over June, reflecting the significant impact of RBA interest rate cuts in February and May on affordability and market confidence. The national capital city median house price was up strongly by 1.0% over the June quarter to $1,198,912 compared to the May quarter, according to the latest data from My…
