Last week, the Reserve Bank of Australia delivered the third rate cut this year, and financial markets are forecasting another two or three rate cuts by the middle of next year. Peter Munton, chief Economist at the Bank of Queensland, found that Australian home values typically rise by double-digit rates two years after the beginning…
![Melbourne housing market update [video] | August 2025](https://cdn.propertyupdate.com.au/wp-content/uploads/2020/01/melbourne-1-270x200.jpg)
After a period of correction, the Melbourne property market is finding its feet again, but don’t expect fireworks just yet. The latest data for August 2025 paints a picture of a measured and steady recovery, marking a clear departure from the volatility of recent years. It’s a “slow burn” rather than a roaring fire, favouring…
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 — most recently lowering the official cash rate to around 3.6% — easing borrowing…
Want to know what’s happening to the housing markets around Australia? Well… this monthly collection of charts from Cotality (formerly CoreLogic) paints an interesting picture. The pace of annual rental growth across Australia’s capital cities has picked up for the first time in more than two years, sparking concerns over renewed pressure on housing inflation,…
The Australian housing market has continued its steady recovery, recording its sixth consecutive month of growth in July 2025. While the pace has moderated, the underlying factors of tight supply and the prospect of lower interest rates are providing a solid foundation for property values nationwide. The national picture: a balancing act of forces The…
The August RBA rate cut has predictably supported strong winter home auction markets with a number of capitals now reporting boomtime conditions. This weekend’s auction results around Australia: Capital City This Week Last Week Same Week Last Year Auctions Rate Auctions Rate Auctions Rate Sydney 636 80.1% 726 77.6% 756 71.9% Melbourne 873 74.8% 722…
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…
The property market is getting a fresh shot of adrenaline. According to new ABS Lending Indicator data, compiled by Canstar, the average new loan size for Australian owner-occupiers has hit a record high of $678,000, up $18,000 in just three months. That’s effectively an extra $198 a day in borrowing power added over the June…
The ABS June 2025 building approvals data reveals a dynamic shift in the property landscape, offering fresh opportunities for both homebuilders and investors. With total dwelling approvals jumping 11.9% month-on-month to 17,076, and a striking 27.4% rise year-on-year, the market is showing renewed momentum –particularly in the multi-unit sector. Source: ABS Private sector dwellings excluding…
Australia’s rental market tightened further in July, with the national vacancy rate falling to 1.2%, down from 1.3% in both June 2025 and July 2024, according to the latest SQM Research data. This drop leaves just 37,863 rental vacancies nationwide, compared to 39,027 last month and 39,701 a year ago, signalling sustained pressure on tenants…
